NOT LISTED FOR SALE

405 Sunset Rd Ely, MN 55731

Estimated Value: $537,000 - $703,000

3 Beds
1 Bath
1,156 Sq Ft
$550/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $310,000 $268 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,626/month

95 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Vaulted Ceiling
  • Docks
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of January 2020

3 Bedroom, 1 bath cabin that can be used year around on White Iron Lake with awesome sunset views! Located about 10 minutes from Ely on Sunset Rd. is this very nice, cedar sided home with cathedral ceilings and a stunning interior of native ash tongue and groove wood. Main floor has a comfortable living and dining room that face the lake with 2 big sliding glass doors to the large wrap around deck. Also a wonderful kitchen, 2 bedrooms and a large bathroom with shower. There are hook ups for a washer and dryer in a large closet in the bathroom. Upstairs is a nice sized loft bedroom. Other features include a great screened porch, large dock, 1 plus stall detached garage. Level walk from cabin to the lake! Drilled well, mound septic system. White Iron Lake is part of the largest chain of lakes in the Ely area, and has direct water access to the famous BWCAW! Great fishing chain!

Last Agent to Sell the Property

Jeff Hway

Bear Island Realty LLC Listed on: 09/07/2019

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1994

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 161 x 230
  • Private Waterfront
  • 162 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Unpaved Streets
  • Many Trees

Home Design

  • Bungalow
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Open Floorplan
  • Lake Views
  • Crawl Space
  • Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Docks
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 28-6272-05040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,866

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely travel east on Hwy 169 to the Kawishiwi Trail. Turn right and follow to Sunset Road. turn right and follow to the property address.
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 268.17
  • Road Maintenance: Public
  • ShorelineCharacteristics: Hard, Rocky, Elevation-Medium
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Ada Features: Partially Wheelchair
  • Air Conditioner: Wall, Window
  • Reso Association Amenities: Ceiling Fans, Vaulted Ceilings, Main Floor Laundry
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1156
  • Garage Type: Detached
  • Heat: Baseboard, Fireplace, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1994
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove, Refrigerator
  • Basement Features: N/A
  • Basement Material: Wood
  • Basement Style: Crawl Space
  • Bathroom 1 Level: main
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: Enclosed Porch
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: 3 Season Porch
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1156
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Unpaved
  • Waterfront Access: Private
  • Water Frontage In Feet: 162
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Double Glazed, Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 1

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Private, Drilled

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-09-09
  • Estimated Lot Dimensions: 161 x 230
  • Estimated Number of Acres: 0.85
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, Level
  • Parcel Number: 28-6272-05040
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2866.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2019
Closed on
Jan 29, 2020
Sold by
Kapczynski Thomas H and Kapczynski Jeana D
Bought by
Geist Charles P and Geist Jennifer K
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$636,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,253
Avg. Annual Appreciation
10.68%
Source: Public Records

Range of Values:

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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
Geist Charles P $310,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $310,000 0.0% $268 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $310,000 -- $268 / 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 $1,906 $556,200 $176,200 $380,000
2023 $1,732 $465,500 $155,500 $310,000
2022 $2,663 $383,000 $155,500 $227,500
2021 $2,561 $288,700 $149,100 $139,600
2020 $2,851 $181,200 $149,100 $32,100
2019 $2,866 $277,700 $179,200 $98,500
2018 $2,999 $282,700 $179,200 $103,500
2017 $2,681 $292,500 $187,900 $104,600
2016 $2,740 $267,400 $179,200 $88,200
2015 $2,740 $274,000 $170,200 $103,800
2014 $2,740 $0 $0 $0
2013 $2,662 $0 $0 $0
2012 $2,571 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hway

    Seller's Agent in 2020

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    173 Total Sales

    Jeff Hway
    Section Image

  • T

    Buyer's Agent in 2020

    Trish Bulinski

    Bear Island Realty LLC

    (218) 349-5595

    143 Total Sales

    Trish Bulinski
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6086196

APN: 28-6272-05040

Minnesota Lake County Ely 55731

405 Sunset Rd, Ely, MN

This home is located at 405 Sunset Rd, Ely, MN 55731 since 07 September 2019 and is currently estimated at $636,253, approximately $550 per square foot. This property was built in 1994. 405 Sunset Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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