NOT LISTED FOR SALE

2743 E Chig A Big Rd Ely, MN 55731

Estimated Value: $371,000 - $422,000

3 Beds
1.5 Baths
884 Sq Ft
$459/Sq Ft Est. Value

Last Sold November 24, 2014

Last sale price $199,000 $225 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,363/month

498 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Beach Access
  • Deck
  • Docks
  • Open Floorplan
  • 1 Car Detached Garage

About This Home

As of November 2014

3 bedroom, 2 bath home with 155 feet of shoreline on Shagawa Lake, just minutes from downtown Ely on a paved road. This year around 1 story home features the living/dining area, kitchen, master bedroom and full bath on the main floor. There is a full length 26' x 8' four season porch on the west side of the home. The second floor has 2 spacious bedrooms, a half bath and plenty of storage. Full basement. There is a 1 car garage and a large storage building for a four-wheeler and additional storage. Beautiful lot with huge pines. The dock is included. Southern exposure! This affordable home is ready for you to add your own touch and enjoy lakeshore living.

Last Agent to Sell the Property

Janet Erchul

Bear Island Land Co., Inc Listed on: 06/11/2013

Co-Listed By

Gary Erchul

Bear Island Land Co., Inc

Last Buyer's Agent

Lisa Janisch

Janisch Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,522

Year Built

  • 1973

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 205 x 150
  • 150 Feet of Waterfront
  • Property fronts a private road
  • Landscaped

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Open Floorplan
  • Woodwork
  • Combination Dining and Living Room
  • Tile Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 465-0075-00140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,522

Year Built

1973

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Gravel, Porch
  • Estimated Number of Acres: 0.68
  • Beach Type: Rocky
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Owned, Water Heater-Electric
  • Parcel Number: 465-0075-00140
  • Stories: 1.25 - 1.75 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Dining Room: Combine with Living Room, Open Floor Plan
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x13, On Level: Main
  • Room 2: Dining Room, 11x14, On Level: Main
  • Room 3: Kitchen, 8x9, On Level: Main
  • Room 4: Master Bedroom, 10x12, On Level: Main
  • Room 5: Bedroom, 10x13, On Level: Upper
  • Room 6: Bedroom, 12x13, On Level: Upper
  • Room 7: 7x26, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 884
  • Below Grade Finished Sq Ft: 884
  • Total Square Footage: 1326

Exterior Features

  • Frontage Road: Private
  • Waterfront Name: Shagawa
  • Construction Type: Frame/Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 150

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Oil, Wood
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Ely #696

Lot Info

  • Estimated Lot Dimensions: 205 x 150
  • Lot/Land Description: Accessible Shoreline, Landscaped, Telephone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2013
Closed on
Nov 24, 2014
Sold by
Fleischman David Adam and Fleischman Daniel Henry
Bought by
Schindale John and Schindele Candace
Seller's Agent
Janet Erchul
Bear Island Land Co., Inc
Buyer's Agent
Lisa Janisch
Janisch Realty Inc.
List Price
$269,000
Sold Price
$199,000
Premium/Discount to List
-$70,000
-26.02%
Total Days on Market
498
Current Estimated Value
$405,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,650
Avg. Annual Appreciation
7.00%
Original Mortgage
$159,200
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2013
Sold by
Bulinski Emery S and Bulinski Dolores P
Bought by
Bulinski Dolores P

Purchase Details

Closed on
Dec 22, 2009
Sold by
Fleischman Deborah Lou and Hornstein Steve
Bought by
Fleischman Deborah Lou and Fleischman Daniel Henry

Purchase Details

Closed on
Dec 17, 2002
Sold by
Fleischman David and Fleischman Marianne
Bought by
Fleischman Deborah Lou and Fleischman Daniel Henry
Source: Public Records

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Range of Values:

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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
Schindale John $199,000 Northeast Title Company
Bulinski Dolores P -- Attorney
Fleischman Deborah Lou -- None Available
Fleischman Deborah Lou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schindele John W $152,600
Closed Schindale John $159,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2014 11/24/14 Sold $199,000 -26.0% $225 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
06/11/2013 06/11/13 For Sale $269,000 -- $304 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2023 $2,522 $317,800 $138,800 $179,000
2022 $2,186 $273,600 $126,900 $146,700
2021 $2,364 $226,300 $103,100 $123,200
2020 $2,168 $226,300 $103,100 $123,200
2019 $1,998 $226,300 $103,100 $123,200
2018 $1,846 $217,400 $105,500 $111,900
2017 $1,688 $205,800 $100,600 $105,200
2016 $2,032 $190,900 $95,800 $95,100
2015 $2,512 $223,500 $111,600 $111,900
2014 $2,490 $223,500 $111,600 $111,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4494363

REALTOR® Association of Southern Minnesota

APN: 465007500140