NOT LISTED FOR SALE

3145 Highway 169 Ely, MN 55731

Estimated Value: $673,000 - $929,000

3 Beds
3.5 Baths
2,667 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 08, 2019

Last sale price $457,000 $171 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,523/month

92 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Beach Access
  • Memorial High School Rated 9+
  • Docks
  • Panoramic View

About This Home

As of August 2019

Great privacy and seclusion at this 3 bedroom, 4 bath lake home on Wolf Lake approx. 7 miles west of Ely! Over 11 acres of beautiful wooded land and approx. 225 feet of good hard sand/gravel swimming shoreline. Half-log sided home sits on a hill with wonderful lake views, and there is a nice little road to the lake and the dock. Home features a large open floor plan living room, dining room, and kitchen with lots of cabinets and counter space on the main floor with a handy half bath. Also, the master bedroom with master full bath AND a large fantastic 3 season porch, with adjoining deck! Upstairs is a large loft room with open views of the main floor, a bedroom and 3/4 bath. The walk out lower level has a large family/rec room, another bedroom, a full bath, and the utility/laundry room. Other features include central air, cathedral ceilings, a nice mix of gorgeous high quality native wood and drywall interior walls and ceilings, and great lake views throughout the house! Nice landscaping designed to keep lawn mowing to a minimum. Long, windy private driveway. Also, a new garage/workshop! Wolf Lake is a quiet 288 acre lake that has very good fishing for bass, walleye, northern pike and panfish. Peaceful and quiet are the key words here!!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 03/25/2019

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 2007

Lot Details

  • 11.1 Acre Lot
  • Private Waterfront
  • 260 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property fronts a highway
  • Elevated Lot
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Open Floorplan
  • Loft
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Boathouse
  • Docks
  • Deck
  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Fuel Tank
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 465-0030-00820

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,580

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, travel west on Hwy 169 7.4 miles to property on the right side of the road. Property is shown by appointment only.
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Private
  • ShorelineCharacteristics: Hard, Sand, Shore-Accessible, Elevation-Medium, Shore-Beach
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Drywalls, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1734
  • Below Grade Finished Sq Ft: 933
  • Garage Type: Detached
  • Heat: Forced Air, Heat Pump, Propane
  • Fireplaces: 1
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: 3 Season Porch
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2007
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Main
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Bathroom Description: Full Basement, Full Master, 1/2 Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: Sunrm/Solarium
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Loft
  • Room 7: Bedroom
  • Room 8: Family Room
  • Room 9: Bathroom
  • Total Bathrooms: 4
  • Total Fin Square Footage: 2667
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse, Storage Shed
  • Road Frontage: Highway, Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 260
  • Waterfront Name: Wolf
  • Construction Status: Previously Owned
  • Exterior: Log
  • Window Features:Insulated Windows: Double Glazed, Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Private, Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 11.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High
  • Parcel Number: 465-0030-00820
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Aug 8, 2019
Sold by
Lenoch Richard A and Lenoch Judy R
Bought by
Marshall Wayne K and Marshall Wanda M
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$457,000
Sold Price
$457,000
Current Estimated Value
$787,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,041
Avg. Annual Appreciation
8.76%
Original Mortgage
$155,000
Outstanding Balance
$135,541
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$651,500

Purchase Details

Closed on
Mar 26, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lenoch Richard A and Lenoch Judy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2009
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 22, 2009
Sold by
Johnson Craig A and Johnson Joanna M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 21, 2008
Sold by
Johnson Craig A and Johnson Joanna M
Bought by
Johnson Real Estate Investment Of Becker

Purchase Details

Closed on
Jul 31, 2006
Sold by
Johnson Real Estate Investment Of Becker
Bought by
Johnson Craig A and Johnson Joanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2005
Sold by
Johnson Benjamin H and Johnson Laura R
Bought by
Johnson Real Estate Investment Of Becker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2001
Sold by
Ravnikar Paul
Bought by
Ravnikar Anthony Joseph and Ravnikar Ronnalee Mary
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Marshall Wayne K $457,000 Northeast Title Company
Lenoch Richard A -- Burnet Title
Federal Home Loan Mortgage Corp -- None Available
Wells Fargo Bank Na $360,000 None Available
Johnson Real Estate Investment Of Becker -- Edina Realty Title
Johnson Craig A -- Edina Realty Title
Johnson Real Estate Investment Of Becker $257,000 Edina Realty Title
Ravnikar Anthony Joseph -- --
Ravnikar Anthony Joseph -- --
Ravnikar Ernest Peter -- --
Johnson Benjamin H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Wayne K $155,000
Previous Owner Lenoch Richard A $240,000
Previous Owner Johnson Craig A $417,000
Previous Owner Johnson Real Estate Investment Of Becker $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2019 08/08/19 Sold $457,000 0.0% $171 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $457,000 -- $171 / 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 $5,244 $582,300 $246,000 $336,300
2023 $5,244 $542,400 $234,700 $307,700
2022 $4,466 $542,400 $234,700 $307,700
2021 $4,800 $413,300 $180,300 $233,000
2020 $4,436 $413,300 $180,300 $233,000
2019 $3,580 $413,300 $180,300 $233,000
2018 $3,310 $350,900 $173,000 $177,900
2017 $3,342 $330,500 $164,300 $166,200
2016 $3,952 $330,500 $164,300 $166,200
2015 $4,390 $385,800 $191,500 $194,300
2014 $4,390 $386,700 $192,600 $194,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6081339

APN: 465003000820