NOT LISTED FOR SALE

5218 Ely Island S Tower, MN 55790

Estimated Value: $500,000 - $711,000

2 Beds
1 Bath
1,508 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $280,000 $186 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,435/month

Highlights

  • Deck
  • Forced Air Heating System
  • Wood Burning Fireplace
  • 1-Story Property

About This Home

As of May 2012

Secluded Island Retreat W/Panoramic Faraway Views Set In Towering Pines & Rock Outcroppings On Lake Vermilion, Short Boat Ride To Town--Just 1.5 Miles Across Calm Water To Stuntz Bay, BWCAW Access. 1508SF Retreat, 1252SF, 2 Bed Main Cabin + 256SF Guest/Sauna Cabin, 5.6 Acres, 384’ lakeshore. Main cabin w/6 glass doors open to view & deck, fireplace-front wood stove, kitchen w/modern appliances. Wooden walkways/decks connect buildings & dock/boatlift. Watch eagles, pick berries, swim or catch Walleyes right off your dock.

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 04/05/2012

Last Buyer's Agent

Renee Capra

Range Associaiton of REALTORS

Range Associaiton of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1990

Lot Details

  • 5.66 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Bedrooms
  • 1,508 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Gas Range

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • The lake is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 270-0020-01367

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,506

Year Built

Built in 1990

Lot Details

5.66 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas, Forced Air
  • Irregular Lot Size: Yes
  • Number Of Bedrooms: 2
  • Parcel Code Number: 270-0020-01367
  • Patioporch: Deck
  • Real Estate Tax: 3506
  • Style: One Story
  • Type: Residential
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1508
  • Bedroom 1: Size: 14 x 13, On Level: Main
  • Appliances: Refrigerator, Gas Range
  • Bedroom 2: Size: 15 x 13, On Level: Main
  • Bedroom 3: SaunaCabin, Size: 16 x 15, On Level: Main
  • Dining Room: Size: Comb
  • Fireplace: Free Standing, Wood Burning
  • Kitchen: Size: 22 x 16, On Level: Main
  • Living Room: Size: 26 x 16, On Level: Main
  • Main Level Bedrooms: 2
  • Rec Room: Size: 0000

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage Size: 0000

Utilities

  • Utilities: Lake Water System

Lot Info

  • Lot Size: Dimensions: 635x384
  • Number Of Acres: 5.66
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2013
Sold by
Miller Mark and Miller Renee
Bought by
Trustee Of The Trust Agreement Of Mark M
Current Estimated Value
$586,547

Purchase Details

Listed on
Apr 5, 2012
Closed on
May 25, 2012
Sold by
Lillquist Timothy T and Lillquist Leigh
Bought by
Miller Mark and Miller Renee
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Renee Capra
Range Associaiton of REALTORS
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$224,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Trustee Of The Trust Agreement Of Mark M -- None Available
Miller Mark $280,000 All Amer Hb
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Mark $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $280,000 -- $186 / Sq Ft
04/05/2012 04/05/12 Pending -- -- --
Source: Range Association of REALTORS®

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 $4,962 $423,000 $150,800 $272,200
2023 $4,962 $363,600 $125,600 $238,000
2022 $4,406 $363,600 $125,600 $238,000
2021 $4,350 $303,100 $107,600 $195,500
2020 $3,966 $303,100 $107,600 $195,500
2019 $3,848 $272,500 $112,900 $159,600
2018 $2,680 $272,500 $112,900 $159,600
2017 $2,638 $187,000 $106,400 $80,600
2016 $2,624 $184,500 $103,900 $80,600
2015 $2,357 $158,800 $84,800 $74,000
2014 $2,357 $154,800 $80,800 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 118333

Range Association of REALTORS®

APN: 270002001367

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