NOT LISTED FOR SALE

4450 Cedar Island Dr Eveleth, MN 55734

Estimated Value: $418,000 - $455,938

3 Beds
2 Baths
1,797 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $424,500 $236 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,622/month

30 Days on Market

Highlights

  • 205 Feet of Waterfront
  • No HOA
  • Living Room
  • 1 Fireplace
  • The kitchen features windows
  • 1-Story Property

About This Home

As of August 2023

Easy One Level Lake Living In This Furnished 3BR/2BA Home On Ely Lake W/Sandy Swimming, Gradual Lot; City Water, Sewer & Nat Gas; Just 3 Mi to town. Beautifully remodeled 2011, 2,229 SF home, square log sauna at 205 ft shore, dock, lakeside deck, 2 stall gar w/storage & hobby loft. Kitchen, vaulted sunroom and lakeside bedrm offer beautiful water views & sounds of water lapping shore, loon calls & lake breezes! Locally sourced pine and black ash woodwork throughout, full partially finished basement w/tv room, economical nat gas heat, open yard for activities under mature trees w/gorgeous Fall color. Swim, catch fish, relax & enjoy this peaceful retreat! Click link for 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty, Inc Listed on: 06/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,923

Year Built

  • Built in 1952

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 260x219
  • 205 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Cedar Island Park Town Of Fayal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 340004200390

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,923

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 1365
  • Water Body Name: Ely
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 38x36
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1797
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 432
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Sun Room, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: East, Lake, Panoramic, South
  • Other Structures: Sauna
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Enclosed,Porch
  • Lake Acres: 723
  • Lake Bottom: Gravel,Sand,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 205

Garage/Parking

  • Parking Features: Asphalt, Garage Door Opener, Paved
  • Garage Square Feet: 698

Utilities

  • Heating: Baseboard, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Electric
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Porch,Panoramic View,Sauna,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Eveleth-Gilbert
  • SchoolDistrictNumber: 2154
  • SchoolDistrictPhone: 218-744-7701

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 260x219
  • Lot Size Sq Ft: 53796.6
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 340004200390
  • Tax Annual Amount: 3923
  • TaxWithAssessments: 4008.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 15, 2023
Sold by
Anderson Anne H
Bought by
Smith Kelly K and Clifford Robert F
Seller's Agent
Lisa Janisch
Janisch Realty, Inc
List Price
$424,500
Sold Price
$424,500
Views
73
Current Estimated Value
$417,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,947
Avg. Annual Appreciation
0.26%
Original Mortgage
$339,600
Outstanding Balance
$271,660
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$155,068

Purchase Details

Listed on
Jul 26, 2017
Closed on
Sep 7, 2017
Sold by
Adair Aubury and Adair Betty A
Bought by
Anderson Bruce L and Anderson Anne H
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Lisa Janisch
Janisch Realty Inc
Sold Price
$277,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$249,457
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2010
Sold by
Aagenes Jason and Aagenes Stephanie
Bought by
Adair Aubury and Adair Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2007
Sold by
Nelson Julie A and Nelson Jeffrey A
Bought by
Aagenes Jason and Aagenes Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,002
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2007
Sold by
Cooper Dolores M
Bought by
Nelson Julie A and Cooper Daniel J
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
Smith Kelly K $424,500 None Listed On Document
Anderson Bruce L $277,175 None Available
Adair Aubury $150,000 Up North Title
Aagenes Jason $194,000 All American Title Co Inc
Nelson Julie A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kelly K $339,600
Previous Owner Anderson Bruce L $249,457
Previous Owner Adair Aubury $120,000
Previous Owner Aagenes Jason $191,002
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $424,500 0.0% $236 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $424,500 +53.2% $236 / Sq Ft
09/08/2017 09/08/17 Sold $277,175 0.0% $154 / Sq Ft
09/08/2017 09/08/17 Sold $277,175 0.0% $154 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/26/2017 07/26/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $277,175 -- $154 / 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
2023 $4,036 $330,800 $181,000 $149,800
2022 $3,596 $330,800 $181,000 $149,800
2021 $3,208 $254,400 $124,000 $130,400
2020 $3,608 $230,200 $116,500 $113,700
2019 $3,230 $224,500 $116,500 $108,000
2018 $2,686 $224,500 $116,500 $108,000
2017 $1,754 $222,000 $116,600 $105,400
2016 $1,758 $149,900 $72,800 $77,100
2015 $1,612 $124,000 $63,200 $60,800
2014 $1,612 $124,000 $63,200 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6381668

NorthstarMLS

APN: 340004200390