NOT LISTED FOR SALE

2648 Priest Point Rd Ely, MN 55731

Estimated Value: $407,000 - $570,000

3 Beds
2 Baths
1,456 Sq Ft
$347/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $401,000 $275 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,117/month

Highlights

  • Deck
  • Fireplace
  • Forced Air Heating System
  • Memorial High School Rated 9+
  • 1-Story Property

About This Home

As of August 2021

Nice clean home with a great view of the lake, with large pines in front area. Drilled well and oversize 2 stall garage. Garden shed and carport. The kitchen has been updated, most of the doors and windows have been changed, two decks, and a good dock area with lots of sand when you get out a little way. Recreation room in the basement with a shower room, a bath room, and washer and dryer hookups. Part of the driveway is paved, lots of privacy. Two heating systems, forced air and electric off peak units. Septic system passed inspection. Comes with stove, refrigerator, washer dryer, dock and boat lift.

Last Agent to Sell the Property

Michael Jershe

Arrowhead Realty License #20397187 Listed on: 05/03/2021

Last Buyer's Agent

Michael Jershe

Arrowhead Realty License #20397187 Listed on: 05/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1973

Lot Details

  • 2 Acre Lot
  • Irregular Lot
  • Property is zoned smu-7

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Block Basement Construction
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 625-0026-00450

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,220

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Electric, Forced Air
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: .75
  • Lvt Date: 05/03/2021
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 625-0026-00450
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 40
  • Real Estate Tax: 4220
  • Style: One Story
  • Type: Residential
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1456
  • Bedroom 1: Size: 12x15, On Level: Main
  • Total Bathrooms: 1.75
  • Appliances: Dishwasher, Hood, Washer, Elec. Dryer
  • Basement: Block
  • Bedroom 2: Size: 12x17, On Level: Main
  • Bedroom 3: Size: 10x12, On Level: Main
  • Dining Room: Size: 12x17, On Level: Main
  • Fireplace: 1 Fireplace
  • Kitchen: Size: 12x17, On Level: Main
  • Living Room: Size: 12x22, On Level: Main
  • Main Level Bedrooms: 3
  • Rec Room: Size: 17x18, On Level: Lower

Exterior Features

  • Exterior: Hard Board
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24x28

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 475x220
  • Number Of Acres: 2
  • Zoning: smu-7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Aug 16, 2021
Sold by
Haag Russel L and Haag Dianne W
Bought by
Kavan Gerald A and Kavan Barbara J
Seller's Agent
Michael Jershe
Arrowhead Realty
Buyer's Agent
Michael Jershe
Arrowhead Realty
List Price
$399,000
Sold Price
$401,000
Premium/Discount to List
$2,000
0.5%
Current Estimated Value
$505,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,153
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jul 18, 2007
Sold by
Rutzen Joyce M
Bought by
Haag Russel L and Haag Dianne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2005
Sold by
Rutzen Louis A and Rutzen Joyce M
Bought by
Rutzen Louis A and Rutzen Joyce M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Kavan Gerald A $401,000 Northeast Title Company
Haag Russel L $450,000 None Available
Rutzen Louis A -- --
Kavan Gerald Gerald $401,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haag Russel L $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $401,000 +0.5% $275 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/14/2021 07/14/21 Price Changed $399,000 0.0% $274 / Sq Ft
07/14/2021 07/14/21 For Sale $399,000 +2.6% $274 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/05/2021 06/05/21 Price Changed $389,000 -13.6% $267 / Sq Ft
05/03/2021 05/03/21 For Sale $450,000 -- $309 / 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 $5,670 $535,600 $248,400 $287,200
2023 $5,670 $464,900 $226,100 $238,800
2022 $4,584 $412,300 $205,500 $206,800
2021 $4,220 $356,900 $193,200 $163,700
2020 $4,036 $318,300 $176,000 $142,300
2019 $4,278 $318,300 $176,000 $142,300
2018 $4,276 $340,800 $194,900 $145,900
2017 $4,420 $340,800 $194,900 $145,900
2016 $4,392 $351,200 $214,300 $136,900
2015 $4,312 $351,200 $214,300 $136,900
2014 $4,312 $351,200 $214,300 $136,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 141244

Range Association of REALTORS®

APN: 625002600450