NOT LISTED FOR SALE

2721 Burntside Lake Rd Ely, MN 55731

Estimated Value: $2,378,743 - $3,337,000

4 Beds
1.5 Baths
4,525 Sq Ft
$641/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $1,490,000 $329 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $17,102/month

259 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Panoramic View
  • Memorial High School Rated 9+
  • Docks
  • Heated Floors

About This Home

As of November 2018

Furnished Burntside Lake Log Home W/Panoramic Views Of Both Main Lake & North Arm. Set on apx 600 ft south facing shoreline & 17 acres of 200 yr old white pines, surrounded on 3 sides by State & Federal forest. Custom built 2000 by a woodworker for his family, 4625 SF, 4BR/2BTH home w/3400 SF decks. Open great rm features 2 story fieldstone firepl w/14 ft hearth & floor-ceiling glass open to screen porch & deck. Stainless DCS/Sub Zero kitchen w/island. Dining rm seats 22 people at table. Main flr BR, full bth & laundry. In-flr heat, covered entry, boathouse used as screen porch 14 ft from waters edge, dock, 2 story guest cabin/workshop. Includes stunning custom furniture. Heavy duty tram from dock up to homes lakefront deck. Compliant Septic. Short boat ride across calm water to Burntside Lodge. A wonderful gathering place to relax, enjoy each other & the extraordinary beauty of Burntside! Click link for 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc. Listed on: 02/02/2018

Last Buyer's Agent

Lisa Janisch

Janisch Realty Inc. Listed on: 02/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,644

Year Built

  • Built in 2000

Lot Details

  • 17.3 Acre Lot
  • Lot Dimensions are 1220x600
  • Private Waterfront
  • 600 Feet of Waterfront
  • Lake Front

Parking

  • No Garage

Home Design

  • Log Cabin
  • Poured Concrete
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 4,525 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Panoramic Views
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating Available
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0040-01455

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,644

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Burntside Lake
  • L O1 Office Phone1 Number: 218-780-6644
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • Twp Number: 63
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Hardwood Floors, Natural Woodwork, Vaulted Ceilings
  • Amenities Exterior: Deck, Dock, Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 4525
  • Garage Type: None
  • Heat: In Floor, Electric
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Family Room
  • TotalBedrooms: 4
  • Year Built: 2000
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Main
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Trash Compactor, Washer
  • Basement Material: Poured Concrete
  • Basement Style: Partial
  • Bathroom 1 Level: main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Formal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Porch
  • Total Bathrooms: 2
  • Total Fin Square Footage: 4525
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse
  • Waterfront Access: Private
  • Water Frontage In Feet: 600
  • Waterfront Name: Burntside
  • Construction Status: Previously Owned
  • Exterior: Log

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1220x600
  • Estimated Number of Acres: 17.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 465-0040-01455
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 13644

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Nov 30, 2018
Sold by
Leih Virgil T and Sandberg Leih Patricia
Bought by
Watson Robert E and Watson Sonia L
Seller's Agent
Lisa Janisch
Janisch Realty Inc.
Buyer's Agent
Lisa Janisch
Janisch Realty Inc.
List Price
$1,490,000
Sold Price
$1,490,000
Current Estimated Value
$2,901,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,411,248
Avg. Annual Appreciation
10.12%
Original Mortgage
$940,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2009
Sold by
Leih Virgil T and Sandberg Leih Patricia
Bought by
Leih Virgil T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Watson Robert E $1,490,000 None Available
Leih Virgil T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Watson Robert E $940,000
Previous Owner Leih Virgil T $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2018 11/30/18 Sold $1,490,000 0.0% $329 / Sq Ft
11/30/2018 11/30/18 Sold $1,490,000 0.0% $322 / Sq Ft View Prior Sale
10/19/2018 10/19/18 Pending -- -- --
10/19/2018 10/19/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $1,490,000 0.0% $329 / Sq Ft
02/02/2018 02/02/18 For Sale $1,490,000 -- $322 / 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 $22,096 $1,989,600 $445,300 $1,544,300
2023 $22,096 $1,887,300 $420,400 $1,466,900
2022 $18,312 $1,578,400 $358,000 $1,220,400
2021 $18,952 $1,369,200 $305,000 $1,064,200
2020 $17,962 $1,369,200 $305,000 $1,064,200
2019 $13,726 $1,369,200 $305,000 $1,064,200
2018 $13,704 $1,071,600 $268,100 $803,500
2017 $13,786 $1,071,500 $268,000 $803,500
2016 $13,928 $1,071,500 $268,000 $803,500
2015 $15,119 $1,085,400 $281,900 $803,500
2014 $15,119 $1,151,300 $281,900 $869,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6032975

APN: 465004001455