NOT LISTED FOR SALE

2632 Priest Point Rd Ely, MN 55731

Estimated Value: $735,000 - $899,828

3 Beds
3 Baths
2,164 Sq Ft
$361/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2019

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

Est. 86% increase in value since last sale

Current estimated payment $4,873 / mo

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

2 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Mar 9, 2019
Sold by
Bought by
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
$780,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,207
Avg. Annual Appreciation
8.89%
Original Mortgage
$336,000
Outstanding Balance
$294,802
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$485,405

Purchase Details

Closed on
Apr 16, 2002
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$420,000 Northeast Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,008 $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

  • K

    Seller's Agent in 2019

    Karen Zupancich

    Edina Realty, Inc.

    (218) 349-2565

    16 Total Sales

    Karen Zupancich
    Section Image

  • C

    Buyer's Agent in 2019

    Charlie Chernak

    Bear Island Land Co., Inc.

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 135275

Range Association of REALTORS®

APN: 625002600420

Minnesota St Louis County Ely 55706

2632 Priest Point Rd, Ely, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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