NOT LISTED FOR SALE

413 Sunset Rd Ely, MN 55731

Estimated Value: $528,000 - $640,000

2 Beds
2 Baths
1,320 Sq Ft
$446/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2021

Last sale price $365,000 $277 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,447 / mo

3 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Lake, Pond or Stream
  • Docks
  • Lake View
  • Traditional Architecture

About This Home

As of July 2021

Private setting on White Iron Lake with a 2 bedroom lake home, 2 car garage, level shoreline and western views. The main level of this 1,600 square foot home has 2 bedrooms, 2 bath, living room, kitchen and dining room. Coming in from the entry sunroom, you will find the spacious living room which has a free standing wood fireplace and large windows overlooking the lake. Master bedroom has a private 3/4 bath with laundry facilities and lakeside entry. The walkout basement has a finished family room complete with wood fireplace. The front of the home has a level yard down to +-164' of lakeshore where you will find a dock and plenty of recreational opportunities. Part of the garage is insulated and has a wood stove for heating. White Iron Lake is a part of a larger chain of lakes and is just a few miles from Ely.

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 06/01/2021

Last Buyer's Agent

Jeff Hway

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,719

Year Built

  • Built in 1972

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 300 x 165
  • Private Waterfront
  • 164 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Level Lot
  • Many Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Lower Floor Utility Room
  • Utility Room
  • Lake Views
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Recreation or Family Area in Basement

Parking

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

Outdoor Features

  • Beach Access
  • Docks
  • Lake, Pond or Stream
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Baseboard Heating
  • Sand Point Well
  • Electric Water Heater
  • Mound Septic
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 28-6272-05020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,719

Year Built

Built in 1972

Lot Details

1.1 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East from Ely on Highway #169 to Kawishiwi Trail. Follow for 3.5 miles to Sunset Road. Follow Sunset Road to Fire #413 on your right.
  • Waterfront Info Lake Chain: Yes
  • L O1 Office Phone1 Number: 218-365-3665
  • Road Maintenance: Public
  • ShorelineCharacteristics: Rocky, Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Main Floor Laundry
  • Amenities Exterior: Dock, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 984
  • Below Grade Finished Sq Ft: 336
  • Garage Type: Detached
  • Heat: Baseboard, Fireplace, Forced Air, Wood, Electric
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Family Room
  • TotalBedrooms: 2
  • Year Built: 1972
  • Level 1 Bedroom: Main
  • RoomLevel3: Lower
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Partially Finished, Walkout, Family/Rec Room, Fireplace, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Master
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Enclosed Porch
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Den/Office
  • Room 8: Utility Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1320
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 164
  • Waterfront Name: White Iron
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 27 x 31

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Sand Point

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 300 x 165
  • Estimated Number of Acres: 1.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, Level, BWCA Area
  • Parcel Number: 28-6272-05020
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2718.62

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 22, 2021
Sold by
Bought by
Seller's Agent
Chris Eilrich
Wildwoods Land Company
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$589,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,009
Avg. Annual Appreciation
10.28%
Original Mortgage
$292,000
Outstanding Balance
$264,945
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$324,064
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
$365,000 None Available
$365,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $292,000
Closed $292,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $365,000 0.0% $277 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $365,000 -- $277 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax 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.

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 $3,194 $486,700 $185,800 $300,900
2024 $1,769 $454,500 $184,200 $270,300
2023 $1,724 $432,100 $161,800 $270,300
2022 $2,719 $381,400 $163,800 $217,600
2021 $2,719 $306,100 $157,000 $149,100
2020 $2,786 $236,500 $157,000 $79,500
2019 $280 $251,900 $172,400 $79,500
2018 $2,934 $276,600 $172,400 $104,200
2017 $2,621 $286,400 $180,800 $105,600
2016 $2,602 $261,600 $172,400 $89,200
2015 $2,612 $260,600 $172,400 $88,200
2014 $2,612 $0 $0 $0
2013 $2,537 $0 $0 $0
2012 $2,462 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chris Eilrich

    Wildwoods Land Company

    (218) 343-6169

    135 Total Sales

    Chris Eilrich
    Section Image
  • Jeff Hway

    Buyer's Agent in 2021

    Jeff Hway

    Bear Island Realty LLC

    (218) 349-0906

    159 Total Sales

    Jeff Hway
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097211

APN: 28-6272-05020

Minnesota Lake County Ely 55731

413 Sunset Rd, Ely, MN

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

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