NOT LISTED FOR SALE

4167 Six Mile Rd Ely, MN 55731

Estimated Value: $606,000 - $1,183,000

3 Beds
3.5 Baths
3,496 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $500,000 $143 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,021/month

80 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Beach Access
  • Deck
  • Docks
  • 25 Acre Lot
  • Vaulted Ceiling

About This Home

As of March 2014

Stunning log home with 25 acres of extremely private land on quiet Six Mile Lake. This beautiful property has an unbelievable Boundary Waters feel! Elegantly modern kitchen, magnificent great room with floor to ceiling fireplace, 3 bedrooms including beautiful lakeside master suite with private bath, 2 additional bathrooms, cozy den with 2nd stone fireplace, spacious screen porch with 3rd stone fireplace, expansive lakeside deck, 3 car garage and much more!

Last Agent to Sell the Property

Chris Eilrich

Wildwoods Land Company Listed on: 11/25/2013

Last Buyer's Agent

Gil Knight

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,286

Year Built

  • 2002

Lot Details

  • 25 Acre Lot
  • Lot Dimensions are 1306 x 825
  • 500 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Many Trees

Home Design

  • Log Cabin
  • Poured Concrete
  • Metal Roof
  • Log Siding

Interior Spaces

  • 3,496 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck

Utilities

  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 317-0010-03442

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,286

Year Built

2002

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Natural Woodwork, Vaulted Ceilings
  • Amenities Exterior: Deck, Dock, Driveway - Gravel
  • Estimated Number of Acres: 25
  • Assessment Balance: 58
  • Assessments: Yes
  • Beach Type: Undevelopment
  • Construction: Previously Owned
  • Parcel Number: 317-0010-03442
  • Stories: 1.25 - 1.75 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Dining Room: Formal Dining Room
  • Total Bedrooms: 3
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 20.5x18.5, On Level: Main
  • Room 2: Dining Room, 19x14.5, On Level: Main
  • Room 3: Kitchen, 18.5x16, On Level: Main
  • Room 4: Rec Room, 34x23, On Level: Main
  • Room 5: Master Bedroom, 20x18.5, On Level: Upper
  • Room 6: Bedroom, 17.5x11, On Level: Upper
  • Room 7: 15.5x15.5, On Level: Upper
  • Room 8: Den/Office, 18x14.5, On Level: Main
  • Room 9: Loft, 16x13, On Level: Upper
  • Basement Features: Walkout
  • Basement Material: Poured Concrete
  • Basement Style: Partial, Walk-out
  • Finished Above Grade Sq Ft: 3496
  • Total Fin Square Footage: 3496
  • Total Square Footage: 3496

Exterior Features

  • Frontage Road: Private
  • Waterfront Name: Six Mile
  • Construction Type: Log Home
  • Exterior: Log
  • Roof: Metal
  • Waterfront: Yes
  • Water Frontage: 500
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Fuel: Propane - Tank Owned
  • Sewer: Private
  • Water: Private

Schools

  • School District: Ely #696

Lot Info

  • Estimated Lot Dimensions: 1306 x 825
  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2013
Closed on
Mar 28, 2014
Sold by
American Bank Of The North
Bought by
Ritterling Scott G A and Ritterling Melanie M
Seller's Agent
Chris Eilrich
Wildwoods Land Company
Buyer's Agent
Gil Knight
Wildwoods Land Company
List Price
$649,000
Sold Price
$500,000
Premium/Discount to List
-$149,000
-22.96%
Current Estimated Value
$870,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,722
Avg. Annual Appreciation
4.89%
Original Mortgage
$450,000
Outstanding Balance
$329,885
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$540,837

Purchase Details

Closed on
Jul 15, 2011
Sold by
Waterway Holding Group Llc
Bought by
American Bank Of The North

Purchase Details

Closed on
Jan 13, 2006
Sold by
Anfinson John Mark and Anfinson Deanna Lynn
Bought by
Waterway Holding Group Llc
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
Ritterling Scott G A $500,000 Northeast Title Company
American Bank Of The North -- Consolidated Title
Waterway Holding Group Llc $575,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritterling Scott G A $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $500,000 -23.0% $143 / Sq Ft
02/13/2014 02/13/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $649,000 -- $186 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,286 $564,200 $171,200 $393,000
2023 $5,286 $528,600 $156,300 $372,300
2022 $6,270 $528,600 $156,300 $372,300
2021 $6,112 $518,300 $150,200 $368,100
2020 $6,100 $518,200 $150,100 $368,100
2019 $6,052 $506,800 $147,300 $359,500
2018 $5,826 $505,000 $148,000 $357,000
2017 $5,742 $472,000 $147,900 $324,100
2016 $5,852 $472,000 $147,900 $324,100
2015 $5,415 $407,600 $141,800 $265,800
2014 $5,415 $493,800 $228,000 $265,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4562375

REALTOR® Association of Southern Minnesota

APN: 317001003442