NOT LISTED FOR SALE

2398 Highway 169 Ely, MN 55731

Estimated Value: $353,443 - $400,000

3 Beds
2.5 Baths
2,240 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $333,000 $149 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,183/month

11 Days on Market

Highlights

  • Spa
  • No HOA
  • Lower Floor Utility Room
  • Memorial High School Rated 9+
  • Den
  • Formal Dining Room

About This Home

As of November 2024

This stunning Mansard Style home, situated just 2 miles west of Ely on an elevated, landscaped 2-acre lot, features 3 bedrooms, 2.5 baths, and an inviting layout filled with natural light from oversized windows. The impressive 28 x 40 design includes a spacious living room, formal dining room, and a cozy family room that connects to a heated cedar sunroom overlooking the inground seasonal pool. The master suite boasts ambient light and a walk-in closet, while two additional bedrooms offer comfort and space. With an unfinished basement ready for your personal touch, a large double stall garage, a wood-fired sauna, and a Generac Whole House Generator, this property is not just a home but a versatile retreat ideal for family living and entertaining.

Last Agent to Sell the Property

Jerry Fink

Canoe Capital Realty, LLC Listed on: 10/07/2024

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1972

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 200 x 600
  • Property fronts a highway
  • Elevated Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Composition Shingle

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Bay Window
  • Wood Frame Window
  • Entryway
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Lower Floor Utility Room
  • Property Views

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Storage Shed
  • Rain Gutters

Utilities

  • Central Air
  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Power Generator
  • Water Filtration System
  • Drilled Well
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 465-0040-05865

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Minnesota State Highway West of Ely for 1.8 miles, property is on your left, 2398 Highway 169.
  • InternetOptions: DSL
  • L O1 Office Phone1 Number: 218-365-8689
  • Road Maintenance: Private, Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Twp Number: 63
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Amenities Exterior: Patio, Pool, Gutter/Downspout
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2240
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, Propane, Oil
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Bedroom
  • Room 12: Bedroom
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1972
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel11: Upper
  • RoomLevel12: Upper
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Drainage System, Unfinished, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Master, 1/2 Main Floor, Full Upper
  • Formal Dining: Formal Dining Room
  • Extra Rooms: Family/Rec, Spa/Sauna, 3 Season Porch, Landing, Entry
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Family Room
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Den/Office
  • Stories: 2 Story
  • Room 6: Bathroom
  • Room 7: Laundry Room
  • Room 8: 3 Season Porch
  • Room 9: Primary Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2240
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Highway, State
  • Construction Status: Previously Owned
  • Exterior: Composition
  • Pool: In-Ground, Heated
  • Window Features:Insulated Windows: Bay Window, Double Glazed, Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt
  • Garage Features: Electrical Service
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 x 28

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Drain Field
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 200 x 600
  • Estimated Number of Acres: 2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Medium, High, Rolling
  • Parcel Number: 465-0040-05865

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 25, 2024
Sold by
Elizabeth Erickson Trust and Erickson Bernard R
Bought by
Koschak Robert G and Koschak Peggy A
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$344,900
Sold Price
$333,000
Premium/Discount to List
-$11,900
-3.45%
Views
12
Current Estimated Value
$376,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,111
Avg. Annual Appreciation
11.70%

Purchase Details

Closed on
Feb 28, 2018
Sold by
Erickson Elizabeth and Erickson Betty
Bought by
Erickson Elizabeth and Elizabeth Erickson Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Koschak Robert G $333,000 Northeast Title
Erickson Elizabeth -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $333,000 -3.5% $149 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $344,900 -- $154 / 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 $2,612 $267,400 $33,100 $234,300
2023 $2,612 $279,700 $30,500 $249,200
2022 $1,714 $244,900 $28,200 $216,700
2021 $1,716 $213,100 $24,600 $188,500
2020 $1,568 $202,200 $24,600 $177,600
2019 $1,216 $202,200 $24,600 $177,600
2018 $1,204 $176,800 $27,500 $149,300
2017 $1,040 $176,800 $27,500 $149,300
2016 $1,014 $161,800 $26,700 $135,100
2015 $1,020 $139,100 $23,000 $116,100
2014 $1,020 $139,100 $23,000 $116,100
Source: Public Records

Agents Affiliated with this Home

  • Jerry Fink

    Seller's Agent in 2024

    Jerry Fink

    Canoe Capital Realty, LLC

    (218) 343-1318

    52 Total Sales

    Jerry Fink
    Section Image

  • N

    Buyer's Agent in 2024

    Nonmember NONMEMBER

    Nonmember Office

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6116450

APN: 465004005865

Minnesota St Louis County Ely 55731

2398 Highway 169, Ely, MN

Not Listed for Sale

Detached

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