NOT LISTED FOR SALE

2632 Priest Point Rd Ely, MN 55731

Estimated Value: $499,000 - $798,004

3 Beds
3 Baths
2,164 Sq Ft
$312/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $420,000 $194 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,203/month

199 Days on Market

Highlights

  • Heated Floors
  • Deck
  • 2 Car Attached Garage
  • Memorial High School Rated 9+
  • Enclosed Patio or Porch
  • Partially Fenced Property

About This Home

As of March 2019

You will have spectacular, panoramic views of Bear Island Lake from this gorgeous Bissonnett log home on the end of Priests Point. South, East and West views can be seen. The 3-season porch has screened windows and sky lights that provide an abundance of natural light. This mostly level, two-acre parcel with 579 feet of shoreline is privately tucked away at the end of the cul-de-sac out of sight of neighboring homes. Inside this lovely log home is a master bedroom and bathroom, loft bedroom with its own bathroom, and a lower level bedroom and bathroom. The spacious great room has oak floors, a kitchen, pantry, laundry and living/dining area. Wirsbo in-floor heat, finished lower walkout level and two car garage. Mature Norway Pines adorn the yard along with perennials and gardening areas.

Last Agent to Sell the Property

Karen Zupancich

Edina Realty, Inc. License #91118 Listed on: 07/25/2018

Edina Realty, Inc.

Last Buyer's Agent

Charlie Chernak

Bear Island Land Co., Inc. License #20001202

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,444

Year Built

  • Built in 1994

Lot Details

  • 2 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 2,164 Sq Ft Home
  • 1.5-Story Property
  • Free Standing Fireplace
  • Heated Floors

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 625-0026-00420

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,444

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Heat: In-Floor, Gas - Propane
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 1
  • Lvt Date: 07/25/2018
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 625-0026-00420
  • Patioporch: Deck, Porch, Covered, Enclosed, Screened
  • Percent Of Bsmnt Finished: 80
  • Real Estate Tax: $5444.00
  • Style: 1 1/2 Story, Multi-Level
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 2164
  • Bedroom 1: Size: 13 x 14, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Microwave, Washer, Elec. Dryer, Gas Range
  • Basement: Full, Walkout
  • Bedroom 2: Size: 9 x 14, On Level: Upper
  • Bedroom 3: Bedroom 3, Size: 8 x 14, On Level: Lower
  • Dining Room: Size: 14 x 14, On Level: Main
  • Fireplace: Free Standing
  • Kitchen: Size: 12 x 13, On Level: Main
  • Living Room: Size: 13 x 16, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Porch, Size: 10 x 38, On Level: Main
  • Rec Room: Size: 19 x 23, On Level: Lower

Exterior Features

  • Exterior: Log
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls, Attached
  • Garage Capacity: 2
  • Garage Size: 24 x 26

Utilities

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

Lot Info

  • Fencing: Partial, Wood Privacy
  • Lot Size: Dimensions: 350x300
  • Number Of Acres: 2
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Mar 9, 2019
Sold by
Russell Laurie S and Russell James
Bought by
Witt Douglas and Witt Brenda K
Seller's Agent
Karen Zupancich
Edina Realty, Inc.
Buyer's Agent
Charlie Chernak
Bear Island Land Co., Inc.
List Price
$525,000
Sold Price
$420,000
Premium/Discount to List
-$105,000
-20%
Current Estimated Value
$675,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,001
Avg. Annual Appreciation
7.43%
Original Mortgage
$336,000
Outstanding Balance
$294,802
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$380,199

Purchase Details

Closed on
Apr 16, 2002
Sold by
Fell Lawrence E and Fell Doris L
Bought by
Russell Laurie S and Grenell Joanne L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Witt Douglas $420,000 Northeast Title Company
Russell Laurie S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witt Douglas $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $420,000 -6.7% $194 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
08/21/2018 08/21/18 Price Changed $450,000 -6.3% $208 / Sq Ft
08/20/2018 08/20/18 Price Changed $480,000 -3.8% $222 / Sq Ft
08/03/2018 08/03/18 Price Changed $499,000 -5.0% $231 / Sq Ft
07/25/2018 07/25/18 For Sale $525,000 -- $243 / 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 $8,036 $753,300 $321,400 $431,900
2023 $8,036 $603,200 $258,300 $344,900
2022 $5,978 $533,400 $234,700 $298,700
2021 $5,642 $491,500 $205,000 $286,500
2020 $5,310 $436,100 $186,900 $249,200
2019 $5,478 $436,900 $187,700 $249,200
2018 $5,444 $462,900 $207,600 $255,300
2017 $5,438 $462,900 $207,600 $255,300
2016 $5,376 $460,000 $191,800 $268,200
2015 $5,208 $460,000 $191,800 $268,200
2014 $5,208 $460,000 $191,800 $268,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 135275

Range Association of REALTORS®

APN: 625002600420