NOT LISTED FOR SALE

2780 Bear Island River Rd Ely, MN 55731

Estimated Value: $160,000 - $699,000

1 Bed
1 Bath
480 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $125,000 $260 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $3,134/month

1,149 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Docks
  • 1 Car Detached Garage
  • Memorial High School Rated 9+
  • Beach Access
  • Landscaped with Trees

About This Home

As of July 2013

Very nice 1+/- acre lot on Bear Island Lake with western views and over 100 ft of shoreline with a sand beach. Includes a 14 x 24 garage/boathouse near the shore. Also a 48 ft older, but well maintained mobile home with dug well and older septic system. Nice tree cover, including lots of pine and an easy walk down to the dock. Although mobile home is in good condition the seller will pay for it's removal if the buyer doesn't want it.

Last Agent to Sell the Property

Phil Hyde

Bear Island Land Co., Inc Listed on: 05/31/2010

Last Buyer's Agent

Phil Hyde

Bear Island Land Co., Inc Listed on: 05/31/2010

Home Details

Home Type

  • Single Family

Year Built

  • 1963

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 100' x 433'
  • 101 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Metal Roof
  • Metal Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Docks

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 625-0026-00810

Home Details

Home Type

Single Family

Year Built

1963

Lot Details

1 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities Exterior: Dock
  • Estimated Number of Acres: 1
  • Construction: Previously Owned
  • Parcel Number: 625-0026-00810
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 10'x14.5', On Level: Main
  • Room 2: Dining Room, combinedxkitchen, On Level: Main
  • Room 3: Kitchen, 10'x9', On Level: Main
  • Room 5: Master Bedroom, 10'x9', On Level: Main
  • Room 8: Bedroom, 9'x10', On Level: Main
  • Finished Above Grade Sq Ft: 480
  • Total Fin Square Footage: 480
  • Total Square Footage: 480

Exterior Features

  • Frontage Road: County
  • Waterfront Name: Bear Island
  • Construction Type: Manufactured
  • Exterior: Metal
  • Roof: Metal
  • Waterfront: Yes
  • Water Frontage: 101
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Oil, Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 100' x 433'
  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Teaford James A and Teaford Linda R
Bought by
Teaford And Ricketts Family Revocable Trust
Current Estimated Value
$522,719

Purchase Details

Listed on
May 31, 2010
Closed on
Jul 31, 2013
Sold by
Wagner Michael B and Wagner Karen H
Bought by
Teaford James A and Ricketts Linda R
Seller's Agent
Phil Hyde
Bear Island Land Co., Inc
Buyer's Agent
Phil Hyde
Bear Island Land Co., Inc
List Price
$194,500
Sold Price
$125,000
Premium/Discount to List
-$69,500
-35.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Teaford And Ricketts Family Revocable Trust $3,000 Us Deed Pa
Teaford James A $125,000 Northeast Title Company Elk
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2013 07/30/13 Sold $125,000 -35.7% $260 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
05/31/2010 05/31/10 For Sale $194,500 -- $405 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,384 $513,500 $152,900 $360,600
2023 $5,384 $411,800 $123,700 $288,100
2022 $4,136 $362,300 $112,800 $249,500
2021 $3,776 $321,900 $107,300 $214,600
2020 $3,610 $284,800 $98,200 $186,600
2019 $3,758 $284,800 $98,200 $186,600
2018 $3,754 $299,600 $108,300 $191,300
2017 $3,908 $299,500 $108,200 $191,300
2016 $3,308 $310,900 $107,500 $203,400
2015 $1,350 $110,500 $105,000 $5,500
2014 $1,350 $114,600 $105,000 $9,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Phil Hyde

    Bear Island Land Co., Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4243536

REALTOR® Association of Southern Minnesota

APN: 625002600810

Minnesota St Louis County Ely 55706

2780 Bear Island River Rd, Ely, MN

Not Listed for Sale

Detached

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.

REALTOR® Association of Southern Minnesota 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.