NOT LISTED FOR SALE

2640 Bear Island River Rd Ely, MN 55731

Estimated Value: $733,000 - $1,019,000

4 Beds
3 Baths
2,826 Sq Ft
$327/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2016

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

Est. 76% increase in value since last sale

Current estimated payment $5,751 / mo

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

1.5 Acres

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

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

Closed on
Mar 4, 2021
Sold by
Bought by
Current Estimated Value
$922,840

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
$227,454
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$695,386

Purchase Details

Closed on
Feb 19, 2021
Sold by
Bought by

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
$227,454
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$695,386

Purchase Details

Listed on
Jul 19, 2016
Closed on
Aug 31, 2016
Sold by
Bought by
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
5.92%
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

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
-- Northwest Title
$3,000 None Listed On Document
$525,000 All American Title Co Inc
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 $285,000
Previous Owner $225,000
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 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

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 $9,310 $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

    284 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

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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