NOT LISTED FOR SALE

3945 Swanson Shores Rd Ely, MN 55731

Estimated Value: $584,000 - $1,033,000

2 Beds
1 Bath
1,492 Sq Ft
$529/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2024

Last sale price $695,000 $466 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,809 / mo

14 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Loft
  • Spa
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2024

Custom built Log home featuring a large wrap around deck with panoramic views of Eagles Nest Lake #3. A custom built log sauna with wood heat. Sauna, changing room and attached 3 season screened porch that overlooks the lake's bay. This home is exactly what you would expect and wish for; Natural log, wood floors, open vaulted beamed ceilings, loft with skylight to watch the moon & stars, bright spaces, massive rock fireplace built upon a full foundation with interior and exterior access. This is an ideal setting between the Lake and State forest across the road. Quiet, peaceful and ideally located between Tower and Ely makes this that perfect setting for creating memories of a life enjoyed.

Last Agent to Sell the Property

Janet Erchul

Ely Realty Listed on: 03/18/2024

Co-Listed By

Paul Solberg

Ely Realty

Last Buyer's Agent

Anna Yahnke

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,603

Year Built

  • Built in 1992

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 268 x 293 x 224x295
  • Private Waterfront
  • 242 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Log Cabin
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 1,492 Sq Ft Home
  • Multi-Level Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 317-0180-00210 & 00220

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,603

Year Built

Built in 1992

Lot Details

1.35 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 169 W from Ely, left on Bear Head State Park Rd, right on Walsh Rd, follow to Swanson Shores Rd and continue to home.
  • L O1 Office Phone1 Number: 218-349-0515
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1492
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Wood, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Deck
  • Room 11: 3 Season Porch
  • Room 12: Spa/Sauna
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 1992
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Main
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bathroom
  • Room 7: Loft
  • Room 8: Deck
  • Room 9: Deck
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1492
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 242
  • Waterfront Name: Eagles Nest 3
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Garage Features: Electrical Service
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 X 24

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 268 X 293 X 224X295
  • Estimated Number of Acres: 1.35
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 317-0180-00210 & 00220
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 4603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jun 17, 2024
Sold by
Kunin Michael Burton
Bought by
Reitz Brian and Reitz Lissa E
Seller's Agent
Janet Erchul
Ely Realty
Buyer's Agent
Anna Yahnke
Bear Island Realty LLC
List Price
$700,000
Sold Price
$695,000
Premium/Discount to List
-$5,000
-0.71%
Views
1
Current Estimated Value
$789,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,360
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Jun 1, 2021
Sold by
Sreymom Tan
Bought by
Kunin Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Reitz Brian $695,000 Knight Barry Title
Kunin Michael -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $695,000 -0.7% $466 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $700,000 -- $469 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $6,444 $604,800 $237,700 $367,100
2023 $5,900 $456,200 $184,200 $272,000
2022 $4,474 $443,300 $184,200 $259,100
2021 $4,416 $369,800 $184,200 $185,600
2020 $4,704 $369,800 $184,200 $185,600
2019 $4,264 $386,700 $184,200 $202,500
2018 $4,396 $352,300 $168,600 $183,700
2017 $3,820 $352,300 $168,600 $183,700
2016 $4,156 $311,500 $151,400 $160,100
2015 $4,811 $363,000 $152,200 $210,800
2014 $4,811 $385,600 $161,400 $224,200
Source: Public Records

Agents Affiliated with this Home

  • Janet Erchul

    Seller's Agent in 2024

    Janet Erchul

    Ely Realty

    (218) 365-2100

    63 Total Sales

    Janet Erchul
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Paul Solberg

    Ely Realty

    Section Image
  • Anna Yahnke

    Buyer's Agent in 2024

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    168 Total Sales

    Anna Yahnke
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112724

APN: 317018000210

Minnesota St Louis County Ely 55731

3945 Swanson Shores Rd, Ely, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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