NOT LISTED FOR SALE

2414 Passi Rd Ely, MN 55731

Estimated Value: $1,060,000 - $1,083,432

3 Beds
2 Baths
1,228 Sq Ft
$870/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $840,000 $684 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,348/month

106 Days on Market

Highlights

  • Garage Apartment
  • Heated Floors
  • Covered Patio or Porch
  • Memorial High School Rated 9+
  • Deck
  • 2 Car Detached Garage

About This Home

As of November 2021

Burntside Lake Property you've been waiting for. Sunsets views in this well thought out and tastefully renovated (to the studs) home takes in all the beauty that Burnside Lake and Ely have to offer. 3acres and 370 feet of shoreline to enjoy and call your own. Main home features views for miles of Burntside's diamond glittering waters, covered and open decks, Northern white cedar cabin grade tongue and grove paneling throughout, White Oak engineered flooring allowing for in floor heat to keep you comfortable on those cool nights and cozy warm in winter. Floe dock tucked in on the 370 feet of shoreline, two car heated garage with a Two bedroom guest suite above complete with kitchenette and private covered and open decks with build in seating, and 1100 sq ft of decks to be exact! . Home features include Minnesota's own Crystal cabinetry, Custom metal and stained glass lights, high powered generator just in case, and smoke, temp and alarm monitoring system. Turnkey home comes furnished

Last Agent to Sell the Property

Andrea Zupancich

z' Up North Realty License #40149923 Listed on: 06/25/2021

Last Buyer's Agent

Andrea Zupancich

z' Up North Realty License #40149923 Listed on: 06/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,467

Year Built

  • Built in 1978

Lot Details

  • 3.06 Acre Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,228 Sq Ft Home
  • 2-Story Property
  • Heated Floors
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Apartment

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Propane
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 465-0040-01750

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,467

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: In-Floor, Gas - Propane
  • Lvt Date: 06/25/2021
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 465-0040-01750
  • Patioporch: Deck, Covered
  • Real Estate Tax: 7467
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 1228
  • Bedroom 1: Size: 12.10x11.1, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Refrigerator, Washer, Elec. Dryer
  • Basement: Full
  • Bedroom 2: Size: 10.4x8.3, On Level: Upper
  • Bedroom 3: Size: 10.4x8.3, On Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: Size: 7.11x16.6, On Level: Main
  • Living Room: Size: 13x16.2, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: office, Size: 11.9x7.6, On Level: Main
  • Other Room 3: apt kit/di, Size: 10.4x11.8, On Level: Upper

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached, Garage Apartment
  • Garage Capacity: 2
  • Garage Size: 24x24

Utilities

  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 300x330
  • Number Of Acres: 3.06
  • Zoning: r

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Nov 4, 2021
Sold by
Davenport-Kissic Trust
Bought by
Buoy 275 Revocable Trust
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Andrea Zupancich
z' Up North Realty
List Price
$990,000
Sold Price
$840,000
Premium/Discount to List
-$150,000
-15.15%
Current Estimated Value
$1,068,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,144
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Apr 17, 2017
Sold by
Davenport Stan and Kissick Kathy L
Bought by
Davenport Stanton W and Kissick Kathy Leann

Purchase Details

Closed on
Aug 5, 2005
Sold by
Novak Brandon S
Bought by
Davenport Stan and Kissick Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 6, 2003
Sold by
Brown Joann M
Bought by
Novak Brandon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,600
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2003
Sold by
Brown Norman Scott and Brown Sandra S
Bought by
Brown Joann M

Purchase Details

Closed on
Jan 3, 2003
Sold by
Jussila Dedrie A and Jussila James
Bought by
Brown Joann M

Purchase Details

Closed on
Dec 26, 2002
Sold by
Brown Brian J
Bought by
Brown Joann M
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
Buoy 275 Revocable Trust $840,000 Northeast Title
Davenport Stanton W -- None Available
Davenport Stan $630,000 Northeast Title Company
Novak Brandon S $396,000 Northeast Title Company
Brown Joann M -- Northeast Title Company
Brown Joann M -- Northeast Title Company
Brown Joann M -- Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davenport Stan $488,000
Previous Owner Novak Brandon S $304,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $840,000 -15.2% $684 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $990,000 +17.9% $806 / Sq Ft
10/09/2021 10/09/21 Off Market $840,000 -- --
10/02/2021 10/02/21 For Sale $990,000 +17.9% $806 / Sq Ft
10/01/2021 10/01/21 Off Market $840,000 -- --
09/10/2021 09/10/21 For Sale $990,000 +17.9% $806 / Sq Ft
09/10/2021 09/10/21 Off Market $840,000 -- --
08/04/2021 08/04/21 Price Changed $990,000 -15.4% $806 / Sq Ft
07/09/2021 07/09/21 Price Changed $1,170,000 -7.9% $953 / Sq Ft
06/25/2021 06/25/21 For Sale $1,270,000 -- $1,034 / Sq Ft
Source: Range Association of 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 $9,010 $868,500 $613,400 $255,100
2023 $9,010 $836,500 $605,300 $231,200
2022 $7,300 $707,100 $514,800 $192,300
2021 $7,552 $605,500 $437,900 $167,600
2020 $7,146 $605,500 $437,900 $167,600
2019 $7,006 $605,500 $437,900 $167,600
2018 $6,948 $607,900 $450,700 $157,200
2017 $7,010 $607,900 $450,700 $157,200
2016 $7,200 $607,900 $450,700 $157,200
2015 $7,259 $631,300 $474,100 $157,200
2014 $7,259 $633,600 $474,100 $159,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 141743

Range Association of REALTORS®

APN: 465004001750