NOT LISTED FOR SALE

435 Sunset Rd Ely, MN 55731

Estimated Value: $827,000 - $1,042,000

4 Beds
3 Baths
3,600 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $900,000 $250 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,463/month

269 Days on Market

Highlights

  • 215 Feet of Waterfront
  • Lake View
  • Radiant Floor
  • Beach Access
  • Family Room with Fireplace
  • No HOA

About This Home

As of October 2024

This Stunning custom built 3600 sq ft ranch walk-out coveted White Iron Lake located just minutes to Ely/BWCA is situated on 1.10 acres and 215 ft of waterfront. The main floor features an open concept design with vaulted ceiling, floor to ceiling windows offering incredible lake views, and expansive deck perfect for entertaining. The kitchen has tons of cabinet space, stainless steel appliances and a large counter to gather around. Natural light filled spacious dining room and living room with wood burning FP. With the primary suite, private updated en-suite bath with soaking tub, walk-in shower, heated tile, an additional bedroom, bathroom and laundry room, main floor living is effortless. The walkout features a large office, media/rec room with another wood burning FP, 2 bedrooms, full bath and ample storage. The lakeshore has incredible views, new dock, potting shed, raised garden beds and apple trees. Attached 2 stall garage. New roof & gutters. Tranquil Northern MN awaits you!

Last Agent to Sell the Property

Sherry Zupancich Anderson

Vermilion Land Office, Inc. Listed on: 01/22/2024

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,371

Year Built

  • Built in 1996

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 216x231x241x204
  • 215 Feet of Waterfront
  • Lake Front
  • Many Trees
  • Additional Parcels
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Foundation
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Radiant Floor
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Beach Access

Utilities

  • Mini Split Air Conditioners
  • Hot Water Heating System
  • Underground Utilities
  • Propane
  • Private Water Source
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Fortiers White Iron Lots 1St Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28627105020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,371

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 1800
  • Water Body Name: White Iron
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FireNumber: 435
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Walkout, Wood
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area: 3600
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1800
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Office, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Laundry, Primary Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Composite Decking,Deck,Patio
  • Lake Bottom: Gravel,Rocky
  • LakeChain: N
  • Waterfront Frontage: 215

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Garage Door Opener

Utilities

  • Heating: Hot Water, Radiant Floor
  • Sewer: Private Sewer
  • Fuel: Propane
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Superior
  • SchoolDistrictPhone: 218-834-8216

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 216x231x241x204
  • Lot Size Sq Ft: 47916
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees, Underground Utilities
  • Additional Parcels: Yes
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 28627105020
  • Tax Annual Amount: 7371
  • TaxWithAssessments: 7456.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $900,000 -5.3% $250 / Sq Ft
03/21/2024 03/21/24 Price Changed $949,900 -2.1% $264 / Sq Ft
01/22/2024 01/22/24 For Sale $969,900 +14.1% $269 / Sq Ft
05/27/2022 05/27/22 Sold $850,000 -5.0% $236 / Sq Ft View Prior Sale
03/24/2022 03/24/22 Pending -- -- --
11/09/2021 11/09/21 Price Changed $895,000 -5.8% $249 / Sq Ft
11/29/2020 11/29/20 For Sale $950,000 -- $264 / Sq Ft
Source: NorthstarMLS

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 $6,932 $750,300 $135,400 $614,900
2024 $4,027 $894,400 $135,400 $759,000
2023 $3,276 $886,900 $120,100 $766,800
2022 $4,397 $716,200 $120,100 $596,100
2021 $3,942 $533,100 $115,500 $417,600
2020 $4,081 $395,700 $115,500 $280,200
2019 $4,033 $439,200 $159,000 $280,200
2018 $4,171 $458,100 $159,000 $299,100
2017 $3,548 $469,200 $166,600 $302,600
2016 $3,487 $413,900 $158,900 $255,000
2015 $3,433 $416,800 $158,900 $257,900
2014 $3,433 $0 $0 $0
2013 $2,844 $0 $0 $0
2012 $2,735 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6479361

NorthstarMLS

APN: 28-6271-05020