NOT LISTED FOR SALE

3501 E Lake Four Rd Ely, MN 55731

Estimated Value: $133,000 - $387,000

3 Beds
2 Baths
1,586 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $300,000 $189 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $1,129/month

Highlights

  • Multiple Fireplaces
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of August 2018

Secluded Lake Home At End Of Road, Adjoining Hundreds Of Acres Of State Land, Then Bear Head Lake State Park, Private Bay, Private Gradual Lot W/Towering Pines, Beautiful Views! Close to town, set on apx 10.5 acres & 770ft shoreline on the clear waters of Eagles Nest Lake 4, opposite shoreline pristine wilderness. 2,474 SF, 3B/2B home w/2 fireplaces, main floor bedroom & bath, sunroom w/glowing wood floors, glassed livingroom offers lots of natural light. Full dry basement w/high ceilings could be workshop, fam rm, addl bedrm. Coverd entry, private park like yard, dock, County approved septic, 2 stall garage plus workshop, 32 x 32 yr rnd guest cabin w/covered patio, wood shed, storage bldg, historic log cabin sauna by the lake! Click on link to view 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 12/01/2017

Last Buyer's Agent

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 12/01/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,718

Year Built

  • Built in 1969

Lot Details

  • 10.5 Acre Lot
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,586 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating System Uses Gas
  • Heating System Uses Wood
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 317-0110-00010,20,30,4070

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,718

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Wood, Dual Fuel/Off Peak, Electric, Baseboard
  • Irregular Lot Size: Yes
  • Lvt Date: 12/01/2017
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 317-0110-00010,20,30,4070
  • Patioporch: Porch, Covered
  • Real Estate Tax: 4718.00
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 1586
  • Bedroom 1: Size: 11.5x10.5, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Electric Range, Garage Opener, Hood, Refrigerator, Washer, Elec. Dryer
  • Basement: Block, Full
  • Bedroom 2: Size: 14x10, On Level: Upper
  • Bedroom 3: Bedroom 3, Size: 11.5x10, On Level: Upper
  • Dining Room: Size: 11.5x9, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Gas Log
  • Kitchen: Size: 13x11.5, On Level: Main
  • Living Room: Size: 18x11.5, On Level: Main
  • Main Level Bedrooms: 1
  • Rec Room: Size: 25x13.5, On Level: Main

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24x24

Utilities

  • Utilities: Septic, Well
  • Water Heater: Elec. Off Peak

Lot Info

  • Lot Size: Dimensions: 1044x765
  • Number Of Acres: 10.5
  • Zoning: RES

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jul 31, 2018
Sold by
Stone Charles P and Stone Danielle B
Bought by
Trail Johnson Karin S and Trail Johnson Douglas M
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Lisa Janisch
Janisch Realty Inc
List Price
$369,500
Sold Price
$300,000
Premium/Discount to List
-$69,500
-18.81%
Current Estimated Value
$206,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,504
Avg. Annual Appreciation
-5.03%
Original Mortgage
$100,000
Outstanding Balance
$60,507
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$145,989

Purchase Details

Closed on
Nov 19, 2010
Sold by
Stone Charles P and Stone Danielle B
Bought by
Stone Charles P and Stone Danielle B
Source: Public Records

Range of Values:

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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
Trail Johnson Karin S $300,000 None Available
Stone Charles P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trail Johnson Karin S $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $300,000 -18.8% $189 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $369,500 -- $233 / 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
2024 $520 $59,900 $59,900 $0
2023 $520 $44,200 $44,200 $0
2022 $496 $44,200 $44,200 $0
2021 $482 $44,200 $44,200 $0
2020 $518 $44,200 $44,200 $0
2019 $466 $46,600 $46,600 $0
2018 $480 $42,400 $42,400 $0
2017 $420 $42,400 $42,400 $0
2016 $516 $37,800 $37,800 $0
2015 $1,851 $154,800 $125,400 $29,400
2014 $1,851 $164,600 $133,400 $31,200
Source: Public Records

Agents Affiliated with this Home

  • Lisa Janisch

    Seller's Agent in 2018

    Lisa Janisch

    Janisch Realty Inc

    (218) 780-6644

    309 Total Sales

    Lisa Janisch
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Map

Source: Range Association of REALTORS®

MLS Number: 133408

Range Association of REALTORS®

APN: 317011000010

Minnesota St Louis County Ely 55731

3501 E Lake Four Rd, Ely, MN

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