NOT LISTED FOR SALE

3065 E Arm Rd Ely, MN 55731

Estimated Value: $784,000 - $1,152,515

6 Beds
2.5 Baths
3,124 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $800,000 $256 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,746/month

45 Days on Market

Highlights

  • 200 Feet of Waterfront
  • RV Access or Parking
  • Wood Flooring
  • Memorial High School Rated 9+
  • Panoramic View
  • Lower Floor Utility Room

About This Home

As of May 2017

Incredible Burntside Lake Log Lodge home. Old world charm built in 1930 this hand hewn Lodge was built by Timber Barron Louis Hopkins as an entertainment lodge. Step back in time and enjoy! Great room w/intricately built stone fireplace. Fantastic 200' of sand beach that is perfect for all your water activities. The best beach on the lake! Home is located on 2 acres tucked in the majestic pines. This property is a income property that sleeps 20 in 6 bedrooms. This could be a multi family property. Also includes a 1 car garage & 2 bedroom guest cabin, shop, out building, and plenty of room for expansion. You won't believe the spectacular sunsets! owner/agent

Last Agent to Sell the Property

Jay Rock

Shoreline Realty Inc Listed on: 02/08/2017

Co-Listed By

Nonmember NONMEMBER

Nonmember Office

Last Buyer's Agent

Jay Rock

Shoreline Realty Inc Listed on: 02/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1930

Lot Details

  • 2 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Level Lot
  • Many Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Log Cabin
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Log Siding
  • Concrete Block And Stucco Construction
  • Stone Exterior Construction
  • Stone

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Window Screens
  • Entrance Foyer
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Finished Basement Bathroom

Parking

  • 1 Car Garage
  • Carport
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Storage Shed

Utilities

  • No Cooling
  • Boiler Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Private Sewer
  • Phone Available

Additional Features

  • Grab Bar In Bathroom
  • Bunk House

Listing and Financial Details

  • Assessor Parcel Number 465-0200-00020 465-0200-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Echo Trail to E Arm Rd. Keep left
  • L O1 Office Phone1 Number: 612-508-1100
  • Road Maintenance: Private
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Ada Features: Grab Bars in Bathroom
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Beamed Ceilings, Foyer Entry, Patio Door, Washer Hook-Ups
  • Amenities Exterior: Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block, Log Home, Stone
  • FinFootageAboveGrade: 3036
  • Below Grade Finished Sq Ft: 88
  • Garage Type: Attached, Carport, Detached
  • Heat: Baseboard, Boiler, Fireplace, Wood, Oil, Electric
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 6
  • Year Built: 1930
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Bath, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: upper
  • Bathroom 3 Level: lower
  • Bathroom Description: 1/2 Basement, 3/4 Main Floor
  • Formal Dining: Combine with Living Room, Eat-In Kitchen, Other
  • Extra Rooms: Enclosed Porch, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: 4 Season Porch
  • Room 7: Foyer
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3124
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Workshop, Bunkhouse
  • Road Frontage: Dead End/No Outlet, Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Burntside
  • Construction Status: Previously Owned
  • Exterior: Log, Stone
  • Window Features:Insulated Windows: Screens

Garage/Parking

  • Parking Driveway: RV Parking, Driveway - Gravel
  • Garage Capacity: 1

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 200
  • Estimated Number of Acres: 2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, Telephone, Level, BWCA Area
  • Parcel Number: 465-0200-00020 465-0200-00010
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 7400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2018
Sold by
Appleberry William Matthew
Bought by
Appleberry William Matthew and The William Appleberry Revocab
Current Estimated Value
$951,172

Purchase Details

Listed on
Feb 8, 2017
Closed on
May 22, 2017
Sold by
Houle Daniel G and Houle Lorl
Bought by
Appieberry William Mathew
Seller's Agent
Jay Rock
Shoreline Realty Inc
Buyer's Agent
Jay Rock
Shoreline Realty Inc
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.03%
Original Mortgage
$640,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2002
Sold by
Palcher Louis J
Bought by
Houle Daniel G and Houle Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Appleberry William Matthew -- None Available
Appieberry William Mathew $800,000 Clear To Close Title Llc
Houle Daniel G $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Appieberry William Mathew $640,000
Previous Owner Houle Daniel G $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $800,000 0.0% $256 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $800,000 -- $256 / 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 $8,976 $861,200 $332,000 $529,200
2023 $8,976 $821,300 $313,500 $507,800
2022 $5,758 $581,300 $267,200 $314,100
2021 $6,164 $501,700 $227,900 $273,800
2020 $5,268 $501,700 $227,900 $273,800
2019 $5,072 $461,400 $227,900 $233,500
2018 $4,742 $455,300 $224,800 $230,500
2017 $4,788 $455,300 $224,800 $230,500
2016 $4,826 $455,300 $224,800 $230,500
2015 $4,844 $466,800 $236,300 $230,500
2014 $4,844 $466,600 $236,300 $230,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jay Rock

    Shoreline Realty Inc

  • N

    Seller Co-Listing Agent in 2017

    Nonmember NONMEMBER

    Nonmember Office

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6026841

APN: 465020000020

Minnesota St Louis County Ely 55731

3065 E Arm Rd, Ely, MN

Not Listed for Sale

Detached

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