NOT LISTED FOR SALE

2633 Priest Point Rd Ely, MN 55731

Estimated Value: $644,000 - $733,875

4 Beds
2.5 Baths
2,986 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $339,900 $114 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,046/month

90 Days on Market

Highlights

  • Boathouse
  • 175 Feet of Waterfront
  • Panoramic View
  • Memorial High School Rated 9+
  • Docks
  • Deck

About This Home

As of July 2016

Excellent opportunity for a perfect family get away place with a separate in-law suite or guest quarters. Located on Bear Island Lake, a quiet lake with many islands, good fishing, and scenic shoreline, this 4 bedroom, 2.5 bath home features a beautiful natural brick exterior, a large open floor plan, gorgeous lake views and a detached 3-car garage with storage. The full walk-out basement is finished with a kitchen, bedrooms and family room. Very low maintenance with new septic system, 200-amp electric, remodeled kitchen, new windows, large amounts of storage space and lakeside boathouse.

Last Agent to Sell the Property

Bruce Chernak

Bear Island Realty LLC Listed on: 02/20/2016

Co-Listed By

Kate Davies

Bear Island Realty LLC

Last Buyer's Agent

Doug Furnstahl

Bear Island Land Co., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,244

Year Built

  • Built in 1980

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 207' x 175'
  • 175 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Washer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Patio

Utilities

  • Dual Heating Fuel
  • Heating System Uses Oil
  • Private Water Source
  • Private Sewer
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 625-0026-00410

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,244

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Call office. Agent must be present.
  • L O1 Office Phone1 Number: 218-365-2800
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Kitchen Center Island, Natural Woodwork, Foyer Entry, Patio Door, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock, Patio
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1576
  • Below Grade Finished Sq Ft: 1410
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, Oil, Electric
  • Room 10: Den/Office
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 4
  • Year Built: 1980
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Lower
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Egress Windows, Finished, Unfinished, Walkout, Bath, Bedrooms, Family/Rec Room, Kitchen
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Bathroom Description: Full Basement, 1/2 Main Floor, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Sunroom/Solarium
  • Room 9: Kitchen
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2986
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse, Other Buildings
  • Road Frontage: County
  • Water Frontage In Feet: 175
  • Waterfront Name: Bear Island
  • Construction Status: Previously Owned
  • Exterior: Brick
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt
  • Garage Capacity: 3

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 207' x 175'
  • Estimated Number of Acres: 1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, Telephone
  • Parcel Number: 625-0026-00410
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 4244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2016
Closed on
Jul 19, 2016
Sold by
Rusco Norman J and Rusco Donna M
Bought by
Hartshorn Kevin K and Hartshorn Beth A
Seller's Agent
Bruce Chernak
Bear Island Realty LLC
Buyer's Agent
Doug Furnstahl
Bear Island Land Co., Inc
List Price
$339,900
Sold Price
$339,900
Current Estimated Value
$676,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,569
Avg. Annual Appreciation
7.54%
Original Mortgage
$322,905
Outstanding Balance
$256,745
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$419,724

Purchase Details

Listed on
Feb 20, 2016
Closed on
Jul 18, 2016
Sold by
Rom Norma and Rom John
Bought by
Rusco Norman J and Rusco Donna M
Seller's Agent
Bruce Chernak
Bear Island Realty LLC
Buyer's Agent
Doug Furnstahl
Bear Island Land Co., Inc
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,905
Outstanding Balance
$256,745
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$419,724

Purchase Details

Closed on
Dec 17, 2010
Sold by
Rusco Norman J and Rusco Donna M
Bought by
Rom Norma and Rusco Randall
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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Purchase History

Date Buyer Sale Price Title Company
Hartshorn Kevin K $339,900 Northeast Title Company
Rusco Norman J -- Northeast Title Company
Rom Norma -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartshorn Kevin K $322,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2016 07/19/16 Sold $339,900 0.0% $114 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $339,900 -- $114 / Sq Ft
Source: Lake Superior Area 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 $6,106 $602,400 $219,600 $382,800
2023 $6,106 $482,800 $177,000 $305,800
2022 $4,544 $425,700 $161,000 $264,700
2021 $4,232 $380,100 $150,600 $229,500
2020 $3,972 $336,900 $137,200 $199,700
2019 $4,112 $337,100 $137,400 $199,700
2018 $4,086 $356,600 $152,100 $204,500
2017 $4,230 $356,600 $152,100 $204,500
2016 $4,180 $365,600 $152,100 $213,500
2015 $4,048 $361,300 $150,300 $211,000
2014 $4,048 $361,300 $150,300 $211,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6020450

APN: 625002600410