NOT LISTED FOR SALE

2547 Verbick Rd Ely, MN 55731

Estimated Value: $303,000 - $533,000

3 Beds
1 Bath
1,440 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 07, 2012

Last sale price $173,000 $120 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,264/month

397 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • 1 Car Detached Garage
  • Memorial High School Rated 9+
  • Wood Burning Stove
  • Woodwork

About This Home

As of November 2012

This home is located at 2547 Verbick Rd, Ely, MN 55731 since 06 September 2011 and is currently estimated at $398,246, approximately $276 per square foot. This property was built in 2001. 2547 Verbick Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial High School.

Last Agent to Sell the Property

Bruce Chernak

Bear Island Land Co., Inc Listed on: 09/06/2011

Last Buyer's Agent

Kate Davies

Bear Island Land Co., Inc

Home Details

Home Type

  • Single Family

Year Built

  • 2001

Lot Details

  • 3.76 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Beach Access

Utilities

  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 625-0025-00060, 00055

Home Details

Home Type

Single Family

Year Built

2001

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Natural Woodwork
  • Estimated Number of Acres: 3.76
  • Construction: Previously Owned
  • Parcel Number: 625-0025-00060, 00055
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 24x15, On Level: Main
  • Room 2: Dining Room, 23x18.5, On Level: Main
  • Room 3: Kitchen, with DRxwith DR, On Level: Main
  • Room 5: Master Bedroom, 14x12, On Level: Main
  • Room 6: Bedroom, 10x7.5, On Level: Main
  • Room 7: 10x7.5, On Level: Main
  • Room 8: Bedroom, 14x8, On Level: Main
  • Room 9: Utility Room, 10x7.5, On Level: Main
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 1440
  • Total Fin Square Footage: 1440
  • Total Square Footage: 1440

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Electric
  • Heat: Wood Stove
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: irregular
  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2020
Sold by
Moon Alan E and Moon Susan R
Bought by
Petersen Donald Nicholas and Petersen Lisa Gail
Current Estimated Value
$398,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,660
Outstanding Balance
$169,465
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$228,781

Purchase Details

Listed on
Sep 6, 2011
Closed on
Nov 2, 2012
Sold by
Moon Alan E and Moon Susan R
Bought by
Blume Allen
Seller's Agent
Bruce Chernak
Bear Island Land Co., Inc
Buyer's Agent
Kate Davies
Bear Island Land Co., Inc
List Price
$229,900
Sold Price
$173,000
Premium/Discount to List
-$56,900
-24.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$103,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 26, 2008
Sold by
Moon Alan E and Moon Susan R
Bought by
Moon Alan E and Moon Susan R

Purchase Details

Closed on
May 16, 2005
Sold by
Tweeten Tracy N and Tweeten Tina R
Bought by
Moon Alan E and Moon Susan R

Purchase Details

Closed on
Jul 12, 2004
Sold by
Tweeten Tracy N and Tweeten Tina R
Bought by
Kopp Curtis J and Kopp Daniel J

Purchase Details

Closed on
Jan 27, 2001
Sold by
Wimmergren Cora H
Bought by
Tweeten Tracy and Tweeten Tina
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
Petersen Donald Nicholas $185,000 Northeast Title Company
Blume Allen $173,000 Ne Title Co
Moon Alan E -- None Available
Moon Alan E $150,000 Northeast Title Company
Kopp Curtis J -- --
Tweeten Tracy $23,500 Consolidated Title & Abstrac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Donald Nicholas $191,660
Previous Owner Blume Allen $103,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2012 11/07/12 Sold $173,000 -24.7% $120 / Sq Ft
10/07/2012 10/07/12 Pending -- -- --
09/06/2011 09/06/11 For Sale $229,900 -- $160 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,182 $267,600 $23,700 $243,900
2023 $2,182 $232,800 $21,400 $211,400
2022 $1,340 $175,800 $19,900 $155,900
2021 $868 $143,900 $17,100 $126,800
2020 $792 $103,600 $26,300 $77,300
2019 $756 $103,600 $26,300 $77,300
2018 $750 $103,600 $26,300 $77,300
2017 $1,334 $103,600 $26,300 $77,300
2016 $1,296 $107,900 $29,300 $78,600
2015 $1,266 $107,900 $29,300 $78,600
2014 $1,266 $107,900 $29,300 $78,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bruce Chernak

    Bear Island Land Co., Inc

  • K

    Buyer's Agent in 2012

    Kate Davies

    Bear Island Land Co., Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4245798

REALTOR® Association of Southern Minnesota

APN: 625002500060

Minnesota St Louis County Ely 55731

2547 Verbick Rd, Ely, MN

Not Listed for Sale

Detached

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