NOT LISTED FOR SALE

2540 Verbick Rd Ely, MN 55731

Estimated Value: $447,000 - $1,028,619

2 Beds
2 Baths
1,232 Sq Ft
$636/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $414,250 $336 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,530/month

245 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Gas Log Fireplace
  • Memorial High School Rated 9+
  • 1-Story Property

About This Home

As of August 2018

Custom One Owner Bear Island Lake Home Set On Apx 300 Ft SW Facing Shoreline, SAND BEACH, Private Gradual 2.5 Acres, Beautiful Island Studded Views, 10 Mile Paved Rd To Ely-Clear Water, Sun All Day Long & Gorgeous Sunsets! This is a 2362 acre lake in Bear Island State Forest, 62 ft deep, stocked w/walleye. Built 1992, 2464SF, 2+BR/2BTH cedar sided home. Huge kitchen (w/island & maple flr) open to dining & living-all lakeside, flooded w/natural light & views-3 sets of glass doors open to wrap around lakefront deck. Lakeside master w/full bth, glass doors open to lakefront deck. Main flr guest BR & bth. Main flr laundry. Wlkout basement offers high ceiling, in flr heat, plumbed for sauna & full bth, area for addl BR & family rm, firepl, glass doors to lakeside patio. Open yard, 2 stall garage, RV garage, storage bldg, boat launch, Anderson windows, newer roof, high speed internet, log sauna by the lake! Click on link to view 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 12/01/2017

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 1992

Lot Details

  • 2.5 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Heated Floors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 625-0025-00170

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,158

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, In-Floor
  • Irregular Lot Size: Yes
  • Lvt Date: 12/01/2017
  • Main Level Bathrooms: .75
  • Number Of Bedrooms: 2
  • Parcel Code Number: 625-0025-00170
  • Patioporch: Deck
  • Real Estate Tax: 5158.00
  • Style: One Story
  • Type: Residential
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1232
  • Bedroom 1: Size: 17X13, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Dishwasher, Electric Range, Garage Opener, Garbage Disposal, Hood, Microwave, Refrigerator, Washer, Elec. Dryer
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 13X11, On Level: Main
  • Dining Room: Size: 13.5X12.5, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 16X13.5, On Level: Main
  • Living Room: Size: 15X13.5, On Level: Main
  • Main Level Bedrooms: 2

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls
  • Garage Capacity: 3
  • Garage Size: 40X32

Utilities

  • Utilities: Septic, Well, Telephone
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 548x32
  • Number Of Acres: 2.5
  • Zoning: res

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Aug 28, 2018
Sold by
Tourville John W and Tourville Theresa J
Bought by
Coughlin Patrick T and Coughlin Connie Jo
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$469,000
Sold Price
$414,250
Premium/Discount to List
-$54,750
-11.67%
Current Estimated Value
$879,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,398
Avg. Annual Appreciation
9.03%
Original Mortgage
$331,400
Outstanding Balance
$287,807
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$496,348

Purchase Details

Closed on
May 3, 2018
Sold by
Tourville John W and Tourville Theresa J
Bought by
Tourville John W and Tourville Theresa J

Purchase Details

Closed on
May 1, 2014
Sold by
Tourville Richard L and Tourville Barbara J
Bought by
Tourville Richard L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Coughlin Patrick T $414,251 None Available
Tourville John W -- None Available
Tourville Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coughlin Patrick T $331,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $414,250 -7.6% $336 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $448,500 -4.4% $364 / Sq Ft
12/01/2017 12/01/17 For Sale $469,000 -- $381 / 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 $11,154 $997,100 $357,400 $639,700
2023 $11,154 $798,200 $287,100 $511,100
2022 $7,858 $703,400 $260,700 $442,700
2021 $7,376 $615,300 $247,500 $367,800
2020 $4,816 $553,800 $225,500 $328,300
2019 $4,898 $399,000 $223,000 $176,000
2018 $5,158 $415,900 $241,700 $174,200
2017 $4,846 $416,000 $241,800 $174,200
2016 $4,790 $412,100 $231,200 $180,900
2015 $4,639 $411,900 $231,100 $180,800
2014 $4,639 $411,900 $231,100 $180,800
Source: Public Records

Agents Affiliated with this Home

  • Lisa Janisch

    Seller's Agent in 2018

    Lisa Janisch

    Janisch Realty Inc

    (218) 780-6644

    303 Total Sales

    Lisa Janisch
    Section Image

  • M

    Buyer's Agent in 2018

    Member Non

    NON-MEMBER

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Map

Source: Range Association of REALTORS®

MLS Number: 133407

Range Association of REALTORS®

APN: 625002500170

Minnesota St Louis County Ely 55706

2540 Verbick Rd, Ely, MN

Not Listed for Sale

Detached

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