NOT LISTED FOR SALE

497 Sunset Rd Ely, MN 55731

Estimated Value: $372,000 - $458,372

0.37 Acre
$1,107,684 Price per Acre
16,117 Sq Ft Lot

Last Sold May 18, 2016

Last sale price $26,000

Est. 1,476% increase in value since last sale

Current estimated payment $2,368/month

28 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Landscaped with Trees
  • Elevated Lot
  • Lake, Pond or Stream

About This Lot

As of May 2016

Sunset Rd White Iron Lake Lot This lot is just a short distance off of Kawishiwi Trail on Sunset Rd. The lot has 75 of shoreline facing west/southwest looking out across White Iron Lake. Mixed tree cover. Very nice shoreline.

Last Agent to Sell the Property

Wesley Crawford

Wildwoods Land Company Listed on: 03/24/2016

Last Buyer's Agent

Lori Schulze

Keller Williams Classic Realty NW - Ely

Keller Williams Classic Realty NW - Ely

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $569

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 75x215
  • 75 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Unpaved Streets
  • Landscaped with Trees

Outdoor Features

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$569

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: East on 169 turn rt. Kawishiwi Trail, to Sunset turn rt. prop. on rt.
  • Waterfront Info Lake Chain: Yes
  • L O1 Office Phone1 Number: 218-365-3665
  • Renewal Options: Sell Entirely
  • Road Maintenance: Private, Year Round
  • Property Sub-Type: Residential
  • Tax Year: 2016
  • Twp Number: 63
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Unpaved, Private
  • Water Frontage In Feet: 75
  • Waterfront Name: White Iron

Utilities

  • Available Utilities: Electric, None

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 75x215
  • Estimated Number of Acres: 0.37
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, High, BWCA
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 569.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Vanhale Daniel P
Bought by
Lozar Daniel
Current Estimated Value
$409,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$144,690
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$265,153

Purchase Details

Listed on
Mar 24, 2016
Closed on
May 16, 2016
Bought by
Vanhale Daniel Daniel
Seller's Agent
Wesley Crawford
Wildwoods Land Company
Buyer's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
List Price
$26,000
Sold Price
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.24%

Purchase Details

Closed on
Apr 6, 2010
Sold by
Grantman James W
Bought by
Grantman James W and James W Grantman Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lozar Daniel $200,000 None Available
Vanhale Daniel Daniel $26,000 --
Grantman James W -- None Available
Lozar Daniel Daniel $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozar Daniel $160,000
Closed Lozar Daniel Daniel $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $26,000 0.0% --
04/21/2016 04/21/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $26,000 -- --
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
2025 $2,646 $386,700 $135,800 $250,900
2024 $1,485 $375,600 $136,300 $239,300
2023 $1,097 $362,600 $120,900 $241,700
2022 $1,712 $242,600 $120,900 $121,700
2021 $1,659 $188,400 $116,200 $72,200
2020 $1,004 $131,900 $69,100 $62,800
2019 $590 $69,100 $69,100 $0
2018 $587 $73,400 $73,400 $0
2017 $573 $73,000 $73,000 $0
2016 $569 $69,100 $69,100 $0
2015 $566 $69,100 $69,100 $0
2014 $566 $0 $0 $0
2013 $553 $0 $0 $0
2012 $531 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Wesley Crawford

    Wildwoods Land Company

    (218) 349-5350

    1 Total Sale

    Wesley Crawford
    Section Image
  • Lori Schulze

    Buyer's Agent in 2016

    Lori Schulze

    Keller Williams Classic Realty NW - Ely

    (218) 343-1787

    125 Total Sales

    Lori Schulze
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6021131

APN: 28-6311-32760

Minnesota Lake County Ely 55731

497 Sunset Rd, Ely, MN

Not Listed for Sale

Lots

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