NOT LISTED FOR SALE

2640 Bear Island River Rd Ely, MN 55731

Estimated Value: $578,000 - $1,067,000

4 Beds
3 Baths
2,826 Sq Ft
$310/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $525,000 $186 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,363/month

Highlights

  • Deck
  • 3 Car Detached Garage
  • Water Softener
  • Memorial High School Rated 9+
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of August 2016

One Owner Hand Hewn Log Lake Home W/Sandy Swimming, Private Gradual Lot, Undeveloped Wilderness Lake Views & Great Fishing! Set back off paved road on 1.5 acres & Apx 200 ft south facing shoreline on Bear Island Lake, just 10 miles to town. Custom built 1995, 2826 SF, 4BR/3BTH w/a bed & bath on each flr. Chalet front great room w/two story tall windows & glass doors open to 45 ft maint-free lakefront deck. Kitchen w/granite counters open to great rm, dining rm & sunroomall lakeside. Main flr bedrm w/full bth. Spacious loft bedrm w/private bth & panoramic big water view. Wlkout lower level w/2 bedrms, bth, office, fam rm. Central air, economical heat, new roof, open yard for activities, concrete walks, bunkhouse, boathouse, dock, 3 stall garage w/guest quarters above. Wonderful relaxing wilderness nest. Enjoy daily visits from eagles, loons, deer & Oscar the Heron! Click on link to view 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 07/19/2016

Last Buyer's Agent

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 07/19/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 1995

Lot Details

  • 1.5 Acre Lot
  • Irregular Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 2,826 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Gas Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

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

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Radiator
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 625-0026-00210

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,702

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Guttering: Partial
  • Heat: Gas, Dual Fuel/Off Peak, Electric, Forced Air, Radiator
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: .75
  • Lower Level Bedrooms: 2
  • Lvt Date: 06/01/2016
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 625-0026-00210
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 5702.00
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 2826
  • Bedroom 1: Size: 12x10, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Dishwasher, Garage Opener, Hood, Microwave, Refrigerator, Water Softener, Elec. Dryer, Gas Dryer
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 11x11, On Level: Lower
  • Bedroom 3: Bedroom 3, Size: 13x12.5, On Level: Lower
  • Fireplace: 1 Fireplace, Free Standing, Gas Log
  • Kitchen: Size: 12.6x9.2, On Level: Main
  • Living Room: Size: 30.5x18.5, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Loft Bed, Size: 24.5x12, On Level: Upper
  • Rec Room: Size: 19x17, On Level: Lower

Exterior Features

  • Exterior: Log
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 3
  • Garage Size: 40x26

Utilities

  • Cooling: Central
  • Utilities: Septic, Well, Telephone
  • Water Heater: Elec. Off Peak

Lot Info

  • Lot Size: Dimensions: 340x205
  • Number Of Acres: 1.5
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Ingram Larry J and Larry J Ingram Trust
Bought by
Ingram Larry J and Ingram Pamela M
Current Estimated Value
$876,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$232,551
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$644,189

Purchase Details

Closed on
Feb 19, 2021
Sold by
Ingram Larry J and Larry J Ingram Trust
Bought by
Ingram Larry J and Ingram Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$232,551
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$644,189

Purchase Details

Listed on
Jul 19, 2016
Closed on
Aug 31, 2016
Sold by
Ronn Daniel F and Ronn Darilyn A
Bought by
Larry J Ingram Trust
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Lisa Janisch
Janisch Realty Inc
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$225,000
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Ingram Larry J -- Northeast Title Company
Ingram Larry J -- None Available
Larry J Ingram Trust $525,000 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingram Larry J $285,000
Previous Owner Larry J Ingram Trust $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2016 08/31/16 Sold $525,000 0.0% $186 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Sold $525,000 0.0% $186 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
07/19/2016 07/19/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $525,000 -- $186 / 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 $9,336 $855,000 $286,500 $568,500
2023 $9,336 $684,500 $230,500 $454,000
2022 $7,346 $602,800 $209,500 $393,300
2021 $6,152 $535,700 $199,000 $336,700
2020 $5,782 $474,100 $181,400 $292,700
2019 $5,946 $474,100 $181,400 $292,700
2018 $5,910 $500,800 $200,700 $300,100
2017 $5,768 $500,800 $200,700 $300,100
2016 $5,702 $486,700 $192,000 $294,700
2015 $5,523 $486,700 $192,000 $294,700
2014 $5,523 $486,700 $192,000 $294,700
Source: Public Records

Agents Affiliated with this Home

  • Lisa Janisch

    Seller's Agent in 2016

    Lisa Janisch

    Janisch Realty Inc.

    (218) 780-6644

    304 Total Sales

    Lisa Janisch
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Map

Source: Range Association of REALTORS®

MLS Number: 129618

Range Association of REALTORS®

APN: 625002600210

Minnesota St Louis County Ely 55706

2640 Bear Island River Rd, Ely, MN

Not Listed for Sale

Detached

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