NOT LISTED FOR SALE

3229 Big Rock Dr Ely, MN 55731

Estimated Value: $789,000 - $938,000

2 Beds
2 Baths
1,923 Sq Ft
3 Acres

Last Sold August 23, 2024

Last sale price $836,533 $435 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,009/month

19 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Baseboard Heating
  • 2 Car Detached Garage
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of August 2024

Beautiful, cedar sided home on the White Iron Lake chain with access to the BWCAW. Exceptional setting with majestic pines, birch & maple. Private location on a deadend road, just 8 miles from Ely. White Iron flows into Farm, South Farm, Garden and the Kawishiwi River. This lovely home is being sold furnished with high quality furnishings throughout. 1923 Sq Ft of open floor space offering 2 BR’S plus sleeping Porch, 2 baths, open floor plan with a great room, patio doors to the front wrap around deck. Main floor bedroom, bath & laundry. Hickory flooring. New gazebo off from main deck in 2021 has under deck screening, insulated ceiling with recessed lighting, fire table. Lakeside shed w/electricity & kayak rack under eave. Wood shed. Detached 2 car garage. Compliant septic. Drilled well. Whole house Briggs & Stratton generator.

Last Agent to Sell the Property

Jan Erchul

Ely Realty License #593436 Listed on: 07/15/2024

Last Buyer's Agent

Member Non

NON-MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 1998

Lot Details

  • Partially Fenced Property

Home Design

  • Loft
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,923 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 28-6225-01130

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,285

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Electric, Baseboard, Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 07/15/2024
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 28-6225-01130
  • Patioporch: Deck, Porch, Enclosed, Screened
  • Real Estate Tax: 5285
  • Style: One Story And A Loft
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Finished Sq Ft: 1923
  • Bedroom 1: Size: 14 X 15.5, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Dishwasher, Garage Opener, Microwave, Refrigerator, Trash Compactor, Washer, Elec. Dryer, Gas Range
  • Bedroom 2: Size: 14.5 X 16, On Level: Upper
  • Dining Room: Size: 10.5 x 21, On Level: Main
  • Fireplace: 1 Fireplace, Free Standing
  • Kitchen: Size: 11 X 21, On Level: Main
  • Living Room: Size: 15 x17.5, On Level: Main
  • Main Level Bedrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 24 X 26

Utilities

  • Cooling: Ductless Air
  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Fencing: Partial
  • Lot Size: Dimensions: 547x268
  • Number Of Acres: 3
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 23, 2024
Sold by
Smith Carl
Bought by
Racciatti Alexis and Racciatti Thomas
Seller's Agent
Jan Erchul
Ely Realty
Buyer's Agent
Member Non
NON-MEMBER
List Price
$899,000
Sold Price
$836,533
Premium/Discount to List
-$62,467
-6.95%
Views
25
Current Estimated Value
$866,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,127
Avg. Annual Appreciation
2.66%

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 30, 2022
Sold by
Terrance M Duffy Living Trust U/A/D Feb
Bought by
Smith Carl
Seller's Agent
Lisa Janisch
Janisch Realty Inc.
Buyer's Agent
Janet Erchul
Ely Realty
List Price
$798,500
Sold Price
$798,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$718,200
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2007
Sold by
Mccormick Thomas K and Mccormick Marcia C
Bought by
Duffy Terrance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.27%
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Racciatti Alexis $836,534 --
Smith Carl $798,500 --
Duffy Terrance M $510,000 Canoe Country Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Carl $718,200
Previous Owner Duffy Terrance M $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $836,533 -6.9% $435 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $899,000 +12.6% $467 / Sq Ft
10/03/2022 10/03/22 Sold $798,500 0.0% $415 / Sq Ft View Prior Sale
08/23/2022 08/23/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $798,500 -- $415 / Sq Ft
Source: Range Association of 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
2025 $5,624 $789,100 $237,500 $551,600
2024 $3,174 $744,100 $239,200 $504,900
2023 $2,855 $720,600 $210,000 $510,600
2022 $4,275 $605,100 $208,400 $396,700
2021 $4,050 $458,800 $199,400 $259,400
2020 $4,454 $425,200 $199,400 $225,800
2019 $450 $394,600 $225,600 $169,000
2018 $4,694 $439,300 $225,600 $213,700
2017 $4,139 $452,800 $236,900 $215,900
2016 $4,128 $407,800 $225,600 $182,200
2015 $3,479 $408,000 $225,600 $182,400
2014 $3,479 $0 $0 $0
2013 $2,933 $0 $0 $0
2012 $2,948 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Erchul

    Seller's Agent in 2024

    Jan Erchul

    Ely Realty

    (218) 349-0515

    52 Total Sales

    Jan Erchul
    Section Image

  • M

    Buyer's Agent in 2024

    Member Non

    NON-MEMBER

  • Lisa Janisch

    Seller's Agent in 2022

    Lisa Janisch

    Janisch Realty Inc.

    (218) 780-6644

    304 Total Sales

    Lisa Janisch
    Section Image
  • Janet Erchul

    Buyer's Agent in 2022

    Janet Erchul

    Ely Realty

    (218) 365-2100

    64 Total Sales

    Janet Erchul
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 147059

Range Association of REALTORS®

APN: 28-6225-01130

Minnesota Lake County Ely 55731

3229 Big Rock Dr, Ely, MN

Not Listed for Sale

Condos

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