NOT LISTED FOR SALE

2310 Passi Rd Ely, MN 55731

Estimated Value: $839,000 - $1,368,000

3 Beds
2 Baths
3,588 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $660,000 $184 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,370/month

63 Days on Market

Highlights

  • 330 Feet of Waterfront
  • Docks
  • Sauna
  • Memorial High School Rated 9+
  • Spa
  • Bay View

About This Home

As of March 2018

This ingeniously Architect designed (John Ivey Thomas) 3-BDR, 2 BA home features almost 2,400 SF of living space all on 2.5 pine studded acres and over 300’ of ideal south facing shoreline complete with 2 permanent docks in a quiet protected bay. Wall-to-wall windows including Claire Taylor custom stained-glass, Engineered Wood Flooring from Kahrs of Sweden, granite counters and double oven, 2 wood-burning fireplaces, Vertex metal roofing, superior construction, energy efficient and cost effective home. Additional buildings include an oversized 2-stall garage, sauna / bunkhouse with 1/2 bath, potting shed and storage shed. There is a Wildfire Protection system along with a back-up generator. *SLLS* 8 x 8 Potting Shed 24 x 12 Carport 8 x 12 Storage 12 x 20 Bunkhouse/Sauna with 1/2 Bath

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 10/13/2017

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely

Keller Williams Classic Realty NW - Ely

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,608

Year Built

  • Built in 1993

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 340 x 250
  • 330 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Kennel

Property Views

  • Bay
  • Lake

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Sauna
  • Center Hall

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Carport
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Air Exchanger

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio
  • Pole Barn
  • Gazebo
  • Separate Outdoor Workshop
  • Storage Shed
  • Outhouse

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • Phone Available

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 465-0190-00170,00220

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,608

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 169 East, take a left on 88 and drive until the Echo Trail. Take Echo Trail to Passi Road on your left, on Passi drive to Fire #2310 on your left.
  • L O1 Office Phone1 Number: 218-365-2800
  • ShorelineCharacteristics: Gravel, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Inland Lake, Bay
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Sauna, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Beamed Ceilings, Center Hall, Foyer Entry, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1196
  • Below Grade Finished Sq Ft: 2392
  • Garage Type: Carport, Detached
  • Heat: Dual Fuel/Off Peak, Fireplace, Forced Air, Electric
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1993
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Lower
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, 3/4 Master
  • Extra Rooms: Family/Rec, Spa/Sauna
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Family Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 3588
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Gazebo, Kennel, Pole Building, Storage Shed, Workshop
  • Road Frontage: County
  • Water Frontage In Feet: 330
  • Waterfront Name: Burntside
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Outhouse
  • Water: Private

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 340 x 250
  • Estimated Number of Acres: 2.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Ravine, Telephone
  • Parcel Number: 465-0190-00170,00220
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 6608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2018
Sold by
Ivancich Paul F and Klum Kelly M
Bought by
Ivancich Paul F and Klum Kelly M
Current Estimated Value
$1,076,226

Purchase Details

Listed on
Oct 13, 2017
Closed on
Mar 22, 2018
Sold by
Wahlberg Emily E and Berglund Barbara
Bought by
Ivancich Paul F and Klun Kelly M
Seller's Agent
Bruce Chernak
Bear Island Realty LLC
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$660,000
Sold Price
$660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$453,100
Outstanding Balance
$386,865
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$689,361

Purchase Details

Closed on
Nov 28, 2014
Sold by
Wahlberg Emily E and Berglund Barbara
Bought by
Berglund Barbara and Wahlberg Emily E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ivancich Paul F -- None Available
Ivancich Paul F $660,000 Northeast Title Company
Berglund Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivancich Paul F $453,100
Previous Owner Berglund Barbara $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $660,000 0.0% $184 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $660,000 -- $184 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,842 $894,300 $497,400 $396,900
2023 $8,842 $873,200 $490,100 $383,100
2022 $7,126 $736,100 $417,100 $319,000
2021 $7,306 $622,000 $355,000 $267,000
2020 $6,768 $599,300 $355,000 $244,300
2019 $6,424 $599,300 $355,000 $244,300
2018 $6,330 $586,100 $378,000 $208,100
2017 $6,428 $586,100 $378,000 $208,100
2016 $6,576 $586,100 $378,000 $208,100
2015 $6,664 $605,800 $397,700 $208,100
2014 $6,598 $605,400 $397,700 $207,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bruce Chernak

    Bear Island Realty LLC

  • Lori Schulze

    Buyer's Agent in 2018

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    122 Total Sales

    Lori Schulze
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6031965

APN: 465019000170

Minnesota St Louis County Ely 55731

2310 Passi Rd, Ely, MN

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