$369,000
SOLD SEP 2, 2022

386 Garden Lake Rd Ely, MN 55731

3 Beds
2 Baths
1,970 Sq Ft
5.02 Acres

Recently Sold

$187 Per Sq Ft

7 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Main Floor Primary Bedroom
  • Heated Floors
  • Vaulted Ceiling
  • Loft

About This Home

As of September 2022

Country living at its finest. This lush forest of pines and ferns is the backdrop of this updated home with a new modern kitchen featuring stainless steel refrigerator, dishwasher, center island with stove top, built in oven and stainless steel hood all included. Ample counter space, bright sunny windows for natural light, pantry closet, new wood floor and open shelving. Cozy great room with wood burning stove overlooking a massive deck to enjoy the forest views. Main floor bedroom and bath, large loft with knotty pine walls. Finished lower level with master bedroom, walk in closet, bath, bonus room to use as an office or reading nook, large mud room with outside entry and plenty storage area. The property features single stall garage with workshop area, insulated, heat and bunkroom upstairs with an outside entrance. 2 car garage with ample storage. Wood shed and outdoor wood boiler. All buildings have new steel roofs. Trails are in place to walk or ski your property and buts up to state of mn tf for more exploring. Within 5 +/- minutes of Ely and area lakes.

Last Agent to Sell the Property

Lori Schulze

Keller Williams Classic Realty NW - Ely Listed on: 06/28/2022

Keller Williams Classic Realty NW - Ely

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1995

Lot Details

  • 5.02 Acre Lot
  • Lot Dimensions are 775x488x952
  • Property fronts a county road
  • Landscaped
  • Level Lot
  • Unpaved Streets
  • Many Trees

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Loft
  • Bonus Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Utility Room
  • Panoramic Views
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Storage Shed

Utilities

  • Dual Heating Fuel
  • Boiler Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Hot Water Heating System
  • Drilled Well
  • Electric Water Heater
  • Water Softener is Owned
  • Mound Septic
  • Private Sewer
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 28-6311-29285

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,181

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Hwy 169 east to the Kawishiwi Trail take a right and follow to Garden Lake Rd take a left to Fire #386 on your right.
  • InternetOptions: Satellite
  • L O1 Office Phone1 Number: 763-463-7500
  • List Price/ Sq Ft: 187.31
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Twp Number: 63
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Foyer Entry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 985
  • Below Grade Finished Sq Ft: 985
  • Garage Type: Detached
  • Heat: Boiler, Dual Fuel/Off Peak, In Floor, Hot Water, Wood, Propane, Electric
  • MainFloorBath: Yes
  • Reso Roof: Metal
  • Room 10: Bonus Room
  • Room 11: Utility Room
  • Room 12: Mud Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1995
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Walkout, Bath, Bedrooms, Den/Office, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Wood
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Mud Room, Utility Room, Great Room, Loft, Entry
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Foyer
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Loft
  • Room 7: Bathroom
  • Room 8: Master Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1970
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Workshop, Other Buildings
  • Road Frontage: County, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: Mound, Private
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2022-06-28
  • Estimated Lot Dimensions: 775x488x952
  • Estimated Number of Acres: 5.02
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Heavy, Level, Rolling
  • Parcel Number: 28-6311-29285

Tax Info

  • Tax Amount: 1180.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 29, 2022
Sold by
Hohenstein Todd and Hohenstein Heather
Bought by
Murchison Tyler and Murchison Lauren
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$369,000
Sold Price
$369,000
Current Estimated Value
$422,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,008
Avg. Annual Appreciation
5.96%
Original Mortgage
$332,100
Outstanding Balance
$318,358
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$121,441

Purchase Details

Closed on
Oct 26, 2012
Sold by
Hohenstein Todd James and Hohenstein Heather Jean
Bought by
Hohenstein Todd James and Hohenstein Heather Jean

Purchase Details

Listed on
Jun 15, 2010
Closed on
Jul 2, 2012
Sold by
Huston Michael David
Bought by
Hohenstein Todd James and Hohenstein Heather Jean
Seller's Agent
Jerry Fink
Canoe Capital Realty, LLC
Buyer's Agent
Jerry Fink
Canoe Capital Realty, LLC
List Price
$199,000
Sold Price
$155,000
Premium/Discount to List
-$44,000
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$124,000
Interest Rate
3.77%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Deed $369,000 --
Interfamily Deed Transfer -- Canoe Country Title
Deed $155,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,100 New Conventional
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $124,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $369,000 0.0% $187 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $369,000 +138.1% $187 / Sq Ft
07/02/2012 07/02/12 Sold $155,000 -22.1% $160 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
06/15/2010 06/15/10 For Sale $199,000 -- $206 / 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
2025 $1,816 $358,500 $64,700 $293,800
2024 $1,315 $360,100 $63,100 $297,000
2023 $856 $375,000 $63,100 $311,900
2022 $1,181 $249,800 $64,700 $185,100
2021 $1,132 $188,000 $56,300 $131,700
2020 $1,305 $175,600 $70,700 $104,900
2019 $1,301 $175,600 $70,700 $104,900
2018 $1,283 $186,900 $58,900 $128,000
2017 $1,186 $183,900 $58,900 $125,000
2016 $1,155 $178,100 $65,300 $112,800
2015 $1,085 $178,700 $65,900 $112,800
2014 $1,085 $0 $0 $0
2013 $854 $0 $0 $0
2012 $1,691 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103879

APN: 28-6311-29285