NOT LISTED FOR SALE

2732 Bear Island River Rd Ely, MN 55731

Ely Area

Estimated Value: $634,000 - $828,000

3 Beds
1 Bath
1,296 Sq Ft
$531/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2021

Last sale price $510,000 $394 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,162 / mo

5 Days on Market

Highlights

  • Heated Floors
  • Deck
  • 1-Story Property
  • Memorial High School Rated 9+
  • Patio
  • Gas Log Fireplace

About This Home

As of September 2021

Private Bear Island Lake home nestled among the pines with 130 ft of swimming shoreline located 15 mins south of Ely. Built in 2006, 1296 sq ft, 3 bedroom/1 bath cedar sided home’s Great Room features walls of windows with phenomenal lake views, tongue & groove walls & vaulted ceilings, propane fireplace, ceramic flooring, open kitchen concept with large island, all new appliances & so much more! Behind double doors, the Master continues with the vaulted ceilings & lake views. Two additional bedrooms, den, full bath & laundry finish off the floorplan. In-floor heat, septic & drilled well. Outdoor spaces include lake side deck & stone patio; then a soft slope to level lakeshore with a firepit where you will be mesmerized by cry of loons & spectacular dance of northern lights!

Last Agent to Sell the Property

Wendy Johnson

Keller Williams Classic Realty Northwest License #20553505 Listed on: 08/18/2021

Keller Williams Classic Realty Northwest

Last Buyer's Agent

Member Non

NON-MEMBER

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 2006

Lot Details

  • 28,750 Sq Ft Lot
  • Irregular Lot
  • Property is zoned SMU-7

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Heated Floors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 625-0026-00640

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,963

Year Built

Built in 2006

Lot Details

0.66 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Dual Fuel/Off Peak, In-Floor
  • Irregular Lot Size: Yes
  • Lvt Date: 08/18/2021
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 625-0026-00640
  • Patioporch: Deck, Patio
  • Real Estate Tax: 2963.00
  • Style: One Story
  • Type: Residential
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1296
  • Bedroom 1: Size: 11.5 x 13., On Level: Main
  • Total Bathrooms: 1
  • Appliances: Dishwasher, Electric Range, Hood, Microwave, Refrigerator, Washer, Elec. Dryer
  • Basement: Slab
  • Bedroom 2: Size: 11.5 x 11., On Level: Main
  • Bedroom 3: Size: 9 x 11.5, On Level: Main
  • Dining Room: Size: comb w/ LR, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 25 x 9, On Level: Main
  • Living Room: Size: 25 x 14, On Level: Main
  • Main Level Bedrooms: 3
  • Other Room 2: Den/Office, Size: 9 x 9, On Level: Main
  • Other Room 3: Laundry, Size: 7 x 11, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Utilities

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

Lot Info

  • Lot Size: Dimensions: 244x118
  • Number Of Acres: 0.66
  • Zoning: SMU-7

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

Listed on
Aug 18, 2021
Closed on
Sep 30, 2021
Sold by
Bought by
Seller's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Buyer's Agent
Member Non
NON-MEMBER
List Price
$469,900
Sold Price
$510,000
Premium/Discount to List
$40,100
8.53%
Current Estimated Value
$687,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,912
Avg. Annual Appreciation
6.31%
Original Mortgage
$408,000
Outstanding Balance
$363,889
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$324,023

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bought by

Purchase Details

Listed on
Oct 1, 2013
Closed on
Oct 16, 2013
Sold by
Bought by
Seller's Agent
Andrea Zupancich
z' Up North Realty
Buyer's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Aug 19, 2005
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
$157,200
Interest Rate
5.82%
Mortgage Type
Unknown
Source: Public Records

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
$3,000 First American Title
$510,000 First American Title
-- None Available
$224,393 Northeast Title Company
$196,500 Northeast Title Company
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 $408,000
Previous Owner $274,000
Previous Owner $280,000
Previous Owner $157,200
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
09/30/2021 09/30/21 Sold $510,000 +8.5% $394 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $469,900 +64.9% $363 / Sq Ft
10/16/2013 10/16/13 Sold $285,000 0.0% $220 / Sq Ft View Prior Sale
10/16/2013 10/16/13 Sold $285,000 -18.5% $219 / Sq Ft View Prior Sale
10/01/2013 10/01/13 Pending -- -- --
10/01/2013 10/01/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $349,900 -- $269 / 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 $4,654 $437,900 $173,100 $264,800
2023 $4,568 $351,600 $140,200 $211,400
2022 $3,686 $311,100 $127,900 $183,200
2021 $3,048 $257,700 $121,700 $136,000
2020 $2,910 $229,700 $111,400 $118,300
2019 $3,054 $229,700 $111,400 $118,300
2018 $3,050 $243,900 $122,700 $121,200
2017 $3,116 $243,900 $122,700 $121,200
2016 $3,084 $248,400 $121,600 $126,800
2015 $3,025 $248,400 $121,600 $126,800
2014 $3,025 $248,400 $121,600 $126,800
Source: Public Records

Agents Affiliated with this Home

  • Wendy Johnson Real Estate Agent - Keller Williams Classic Realty Northwest

    Seller's Agent in 2021

    Wendy Johnson

    Keller Williams Classic Realty Northwest

    (218) 349-7731

    47 Total Sales

    Wendy Johnson
    Section Image

  • M

    Buyer's Agent in 2021

    Member Non

    NON-MEMBER

  • A

    Seller's Agent in 2013

    Andrea Zupancich

    Z' Up North Realty

    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 142165

Range Association of REALTORS®

APN: 625002600640

Minnesota St Louis County Ely 55706

2732 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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