NOT LISTED FOR SALE

3242 Wolf Lake Rd Ely, MN 55731

Estimated Value: $672,000 - $898,963

3 Beds
3 Baths
2,760 Sq Ft
$288/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $743,000 $269 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,796/month

17 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake Front
  • Heated Floors
  • Memorial High School Rated 9+
  • Guest House
  • 33 Acre Lot

About This Home

As of September 2021

Best Of Both Worlds—Deep Forest & Access To Burntside! Custom Home Set In 33 Acres Of Towering Pines W/Dock On Wolf Lake In Superior Natl Forest—ONLY HALF MILE TO BURNTSIDE LAKE ACCESS, home just 8 mi south of Ely. Built 2003, 2760 SF, 3+B/3B immaculate stone/cedar sided home w/handmade doors. Great rm w/natural light pouring in two story tall windows, stone wood burning firepl, doors to wrap around deck & 3 season porch. Kitchen w/rock faced granite counters, sit around walnut island, handmade alder cabinets, Wolf & Sub-Zero appl. Spacious master w/luxurious private spa bth. Two large guest BRs w/full bth. Laundry w/granite counters. Spacious loft family rm w/fireplace front stove, glass doors to deck/potential 4th BR. Rocky Mountain Quartz & oak flooring. Economical in-flr heat. Security system. Whole home backup generator. 4 car insulated heated garage w/guest apt above! Click link for 3D tour!

Last Agent to Sell the Property

Dan Janisch

Janisch Realty Inc. Listed on: 06/02/2021

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely

Keller Williams Classic Realty NW - Ely

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 2003

Lot Details

  • 33 Acre Lot
  • Lot Dimensions are 1300x1285
  • Lake Front
  • Property fronts a county road
  • Landscaped
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Many Trees

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Combination Dining and Living Room
  • Loft
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 4 Car Detached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • No Cooling
  • Boiler Heating System
  • Heating System Uses Propane
  • Hot Water Heating System
  • Private Water Source
  • Gas Water Heater
  • Private Sewer
  • Phone Available

Additional Features

  • Air Exchanger
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 465-0040-05175

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,179

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 169, N. on Wolf Lake Rd. to Fire #.
  • L O1 Office Phone1 Number: 218-780-6644
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Twp Number: 63
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Skylight, Vaulted Ceilings, Walk-In Closet, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1560
  • Below Grade Finished Sq Ft: 1200
  • Garage Type: Detached
  • Heat: Boiler, In Floor, Hot Water, Propane, Electric
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Lower
  • RoomLevel5: Lower
  • RoomLevel6: Lower
  • RoomLevel7: Upper
  • RoomLevel8: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Master, Private Master
  • Formal Dining: Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Enclosed Porch
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Loft
  • Room 8: Porch
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2760
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Guesthouse
  • Road Frontage: County, Paved
  • Waterfront Access: Deeded Access
  • Waterfront Name: Wolf
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Heat, Insulation
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 40x34

Utilities

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

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1300x1285
  • Estimated Number of Acres: 33
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Landscaped, Tree Coverage - Heavy, Telephone, Rolling
  • Parcel Number: 465-0040-05175
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 5179

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Sep 17, 2021
Sold by
Jackson Andrew and Jackson Susan
Bought by
Hein Joshua and Hein Hollie
Seller's Agent
Dan Janisch
Janisch Realty Inc.
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$743,000
Sold Price
$743,000
Current Estimated Value
$794,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,988
Avg. Annual Appreciation
1.59%
Original Mortgage
$350,000
Outstanding Balance
$218,788
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$576,200

Purchase Details

Listed on
Jul 8, 2017
Closed on
Apr 11, 2018
Sold by
Crumb Elizabeth A
Bought by
Jackson Andrew
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Dan Janisch
Janisch Realty Inc
List Price
$538,500
Sold Price
$500,000
Premium/Discount to List
-$38,500
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%

Purchase Details

Closed on
Apr 24, 2009
Sold by
Jones Dennis E and Jones Barbara B
Bought by
Crumb Elizabeth A

Purchase Details

Closed on
May 7, 2004
Sold by
Jones Dennis E and Jones Barbara B
Bought by
James Jacen P and James Jennifer C

Purchase Details

Closed on
Aug 9, 2002
Sold by
Campbell William G and Campbell Deborah L
Bought by
Sundell Jeffrey K and Sundell Bridget A

Purchase Details

Closed on
Jul 10, 2002
Sold by
Jones Dennis E and Jones Barbara B
Bought by
James Jacen P and Ritchie Jennifer C

Purchase Details

Closed on
Nov 23, 2001
Sold by
Hanna Robert L and Riley Samuel H
Bought by
Jones Dennis E and Jones Barbara B
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hein Joshua $743,000 None Available
Jackson Andrew $500,000 None Available
Crumb Elizabeth A $410,000 Northeast Title Company
James Jacen P -- --
Sundell Jeffrey K -- --
James Jacen P -- --
Jones Dennis E $99,500 --
Hein Joshua Joshua $743,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hein Joshua $350,000
Closed Hein Joshua Joshua $353,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $743,000 0.0% $269 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $743,000 +48.6% $269 / Sq Ft
04/11/2018 04/11/18 Sold $500,000 -7.1% $181 / Sq Ft View Prior Sale
03/05/2018 03/05/18 Pending -- -- --
07/08/2017 07/08/17 For Sale $538,500 -- $195 / 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 $7,572 $800,900 $153,700 $647,200
2023 $7,572 $711,300 $138,900 $572,400
2022 $5,148 $622,800 $125,300 $497,500
2021 $5,264 $480,200 $110,100 $370,100
2020 $4,882 $458,700 $110,100 $348,600
2019 $4,370 $458,700 $110,100 $348,600
2018 $4,702 $426,100 $100,100 $326,000
2017 $4,340 $426,100 $100,100 $326,000
2016 $4,292 $391,100 $96,200 $294,900
2015 $4,454 $391,100 $96,200 $294,900
2014 $4,454 $400,500 $102,700 $297,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097298

APN: 465004005175