Seller's Agent in 2024
Kate Davies
Bear Island Realty LLC
(218) 343-9173
168 Total Sales
Estimated Value: $575,000 - $694,000
2
Beds
2.5
Baths
1,440
Sq Ft
$433/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Ranch Style House
- Enclosed Patio or Porch
- Vaulted Ceiling
- Den
- Woodwork
About This Home
As of July 2024Sought after one-level living on Birch Lake just 10 miles south of Ely. This year-round 2-bedroom, 2.5 bath home features open concept with vaulted ceilings, tiled floors with in-floor heat and a huge screen porch to enjoy the summer evenings. Nestled into a gorgeous 8+ acre lot, the property boasts over 1,100 feet of phenomenal shoreline. Access to the lake is level and the shoreline is rocky with a custom built in dock, ledgerock outcroppings and spectacular views. Also on the property is an older 3-bedroom seasonal cabin with a kitchen, living room, and wood stove. In addition, the 2-room bunkhouse is perfect for even more family and friends to visit. These additions are ready for your ideas and updates and both already have electricity. Birch Lake is a 20-mile long lake with trophy Walleye and Northern fishing, picturesque islands and miles of undeveloped shoreline.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,148
Year Built
- Built in 2011
Lot Details
- 8.3 Acre Lot
- Lot Dimensions are 683 x 800
- Private Waterfront
- 1,100 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Landscaped with Trees
HOA Fees
- $21 Monthly HOA Fees
Home Design
- Ranch Style House
- Slab Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 1,440 Sq Ft Home
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Combination Dining and Living Room
- Den
- Tile Flooring
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Parking
- No Garage
- Gravel Driveway
Accessible Home Design
- Wheelchair Access
- No Interior Steps
- Stepless Entry
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Propane
- Drilled Well
- Electric Water Heater
- Fuel Tank
- Mound Septic
- Satellite Dish
Additional Features
- Energy-Efficient Windows
- Enclosed Patio or Porch
- Bunk House
Listing and Financial Details
- Assessor Parcel Number 20-6111-07920
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2024
Closed on
Jul 10, 2024
Sold by
Hall Jane
Bought by
Barnett Terry and Barnett Elizabeth
Seller's Agent
Kate Davies
Bear Island Realty LLC
Buyer's Agent
Kerry Davis
Canoe Capital Realty, LLC
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,847
Avg. Annual Appreciation
8.95%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barnett Terry | $550,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2024 07/10/24 | Sold | $550,000 | -7.6% | $382 / Sq Ft |
| 05/29/2024 05/29/24 | Pending | -- | -- | -- |
| 02/09/2024 02/09/24 | For Sale | $595,000 | -- | $413 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $3,720 | $694,600 | $304,700 | $389,900 |
| 2024 | $2,823 | $699,100 | $304,700 | $394,400 |
| 2023 | $2,974 | $690,600 | $291,700 | $398,900 |
| 2022 | $3,518 | $660,800 | $254,700 | $406,100 |
| 2021 | $3,398 | $473,100 | $221,100 | $252,000 |
| 2020 | $3,676 | $452,200 | $221,100 | $231,100 |
| 2019 | $345 | $433,900 | $209,900 | $224,000 |
| 2018 | $3,710 | $433,900 | $209,900 | $224,000 |
| 2017 | $3,588 | $458,600 | $289,400 | $169,200 |
| 2016 | $3,575 | $460,400 | $289,400 | $171,000 |
| 2015 | $3,548 | $462,100 | $289,400 | $172,700 |
| 2014 | $3,548 | $0 | $0 | $0 |
| 2013 | $3,003 | $0 | $0 | $0 |
| 2012 | $2,404 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kate Davies
-
Anna Yahnke
Seller Co-Listing Agent in 2024
Anna Yahnke
Bear Island Realty LLC
(218) 235-3547
177 Total Sales
-
Kerry Davis
K
Buyer's Agent in 2024
Kerry Davis
Canoe Capital Realty, LLC
(218) 235-1084
48 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6112223
APN: 20-6111-07920
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