NOT LISTED FOR SALE

3248 Big Rock Dr Ely, MN 55731

Estimated Value: $785,000 - $1,317,183

4 Beds
2.5 Baths
1,305 Sq Ft
$862/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $775,000 $594 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,821/month

202 Days on Market

Highlights

  • 275 Feet of Waterfront
  • Guest House
  • Sauna
  • Beach Access
  • Sandy Beach
  • Deck

About This Home

As of May 2014

Exquisite Bissonett 4 season log home built in 2001 on almost two acres on beautiful White Iron Lake, with 275 ft. of shoreline in a protected cove. This home is being sold completely furnished with quality furnishings, including full kitchen. The furniture is custom made, unique and beautiful. On the main level, the home features a spacious living room, dining area and gorgeous kitchen in an open floor plan, plus a half bath, and a screened-in porch and full length porch overlooking White Iron Lake. The lower walk-out level has 3 spacious bedrooms, a full bath, electric cedar lined sauna and family room. The bonus to this property is the 3 car garage with a finished, furnished loft, full bath with shower and bedding for four. There is off peak slab heat in the main home and garage, 6 off peak storage units and a Franklin stove in the living room. The grounds are beautiful with mature pines, perennial flower beds and natural landscape throughout much of the almost 3 acres.

Last Agent to Sell the Property

Janet Erchul

Bear Island Land Co., Inc Listed on: 10/17/2013

Last Buyer's Agent

Janet Erchul

Bear Island Land Co., Inc Listed on: 10/17/2013

Home Details

Home Type

  • Single Family

Year Built

  • 2000

Lot Details

  • 1.7 Acre Lot
  • 275 Feet of Waterfront
  • Sandy Beach
  • Street terminates at a dead end
  • Landscaped
  • Unpaved Streets
  • Many Trees

Home Design

  • Log Cabin
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Free Standing Fireplace
  • Dining Room
  • Sauna
  • Wood Flooring
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Additional Homes

  • Guest House

Utilities

  • Dual Heating Fuel
  • Heating System Uses Wood
  • Underground Utilities
  • Private Water Source
  • Electric Water Heater
  • Private Sewer
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 28-6225-01170

Home Details

Home Type

Single Family

Year Built

2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Sauna, Security System, Skylight, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel, Porch, Sauna
  • Estimated Number of Acres: 1.7
  • Beach Type: Rocky, Sand
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 28-6225-01170
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Dining Room: Breakfast Bar, Informal Dining Room
  • Fireplace Type: Free Standing
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor 1/2 Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 28x23, On Level: Main
  • Room 2: Dining Room, 16x10, On Level: Main
  • Room 3: Kitchen, 12x19, On Level: Main
  • Room 4: Master Bedroom, 10x18, On Level: Lower
  • Room 5: Bedroom, 9x14, On Level: Lower
  • Room 6: Bedroom, 13x16, On Level: Lower
  • Room 7: 14x21, On Level: Lower
  • Room 8: Loft, 24x26, On Level: Upper
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1305
  • Below Grade Finished Sq Ft: 1140
  • Total Square Footage: 2445

Exterior Features

  • Frontage Road: Dead End/No Outlet, Unpaved
  • LakeAcres: 3238
  • Lake Chain: Yes
  • Waterfront Name: White Iron
  • Construction Type: Log Home
  • Exterior: Log
  • Out Buildings: Guesthouse
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 275

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Fuel: Electric, Wood
  • Heat: Dual Fuel/Off Peak
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 370 x 226, 237 x 275
  • Lot/Land Description: Accessible Shoreline, Landscaped, Tree Coverage - Heavy, Telephone, Underground Utilities

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2014 05/28/14 Sold $775,000 +7.8% $594 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
10/17/2013 10/17/13 For Sale $719,000 -- $551 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $11,148 $1,309,600 $248,500 $1,061,100
2024 $6,400 $1,380,800 $245,700 $1,135,100
2023 $5,636 $1,350,700 $215,600 $1,135,100
2022 $8,374 $1,097,200 $214,000 $883,200
2021 $7,681 $812,900 $204,800 $608,100
2020 $7,024 $589,700 $262,200 $327,500
2019 $7,131 $589,700 $262,200 $327,500
2018 $7,430 $652,300 $260,400 $391,900
2017 $6,274 $669,200 $273,600 $395,600
2016 $6,302 $590,700 $260,400 $330,300
2015 $6,218 $594,400 $260,400 $334,000
2014 $6,218 $0 $0 $0
2013 -- $0 $0 $0
2012 $5,938 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4554304

REALTOR® Association of Southern Minnesota

APN: 28-6225-01170