NOT LISTED FOR SALE

5619 Ely Island N Tower, MN 55790

Estimated Value: $288,000 - $471,000

3 Beds
1.5 Baths
1,620 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2022

Last sale price $239,000 $148 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,374 / mo

43 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Deck
  • Docks
  • Bay View
  • Vaulted Ceiling

About This Home

As of January 2022

This beautiful 3 bedroom hand-hewn Michigan Red Pine home is waiting for your finishing touches. Most of the materials needed to finish are on site. Gleaming tongue and grove woodwork throughout, open floor plan, hardwood floors, stainless steel appliances, vaulted living room with wood burning stove. Upstairs features an open loft rec room with amazing lake view which could easily accommodate additional sleeping plus an open loft bedroom and additional half bath. Gorgeous big water view with 235 ft of lake frontage. Short boat ride from McKinley Park, or Stuntz Bay, Aronson's Marina and Your Boat Club Marina are conveniently located as well.

Last Agent to Sell the Property

Sherry Zupancich Anderson

Vermilion Land Office, Inc Listed on: 10/20/2021

Last Buyer's Agent

Sherry Zupancich Anderson

Vermilion Land Office, Inc Listed on: 10/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,239

Year Built

  • Built in 2007

Lot Details

  • 2.25 Acre Lot
  • Lot Dimensions are 468x239
  • Private Waterfront
  • 235 Feet of Waterfront
  • Lake Front
  • Elevated Lot
  • Few Trees

Property Views

  • Bay
  • Lake

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room
  • Open Floorplan
  • Loft
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • No Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Water Not Available
  • Electric Water Heater
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number 270-0024-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,239

Year Built

Built in 2007

Lot Details

2.25 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Via Boat to the NW corner of Ely Island.
  • Waterfront Info Lake Maximum Depth: 76
  • L O1 Office Phone1 Number: 218-753-8985
  • Road Maintenance: None
  • ShorelineCharacteristics: Rocky, Undeveloped, Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Twp Number: 62
  • View Type:Pond View: Inland Lake, Bay
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Vaulted Ceilings
  • Amenities Exterior: Deck, Dock
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1620
  • Garage Type: None
  • Heat: Baseboard, Fireplace, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 2007
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor, 1/2 Upper
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: Loft
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Loft
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1620
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 39272.5
  • Road Frontage: None
  • Waterfront Access: Private
  • Water Frontage In Feet: 235
  • Waterfront Name: Vermilion
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Parking Driveway: None

Utilities

  • Power Company: Lake Country Power
  • Sewer: None
  • Water: None

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 468x239
  • Estimated Number of Acres: 2.25
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Light, High
  • Parcel Number: 270-0024-00060
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2239

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Jan 14, 2022
Sold by
Bought by
Seller's Agent
Sherry Zupancich Anderson
Vermilion Land Office, Inc
Buyer's Agent
Sherry Zupancich Anderson
Vermilion Land Office, Inc
List Price
$239,000
Sold Price
$239,000
Current Estimated Value
$379,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,311
Avg. Annual Appreciation
10.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$239,000 All American Title
$239,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2022 01/14/22 Sold $239,000 0.0% $148 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $239,000 +218.7% $148 / Sq Ft
11/02/2017 11/02/17 Sold $75,000 -- -- View Prior Sale
10/13/2017 10/13/17 Pending -- -- --
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,682 $304,600 $100,300 $204,300
2023 $3,584 $238,100 $84,000 $154,100
2022 $2,356 $224,700 $84,000 $140,700
2021 $2,264 $161,800 $72,400 $89,400
2020 $2,084 $161,800 $72,400 $89,400
2019 $1,896 $146,700 $73,900 $72,800
2018 $996 $138,100 $73,500 $64,600
2017 $962 $73,600 $22,300 $51,300
2016 $1,174 $71,100 $19,800 $51,300
2015 $1,196 $74,100 $19,000 $55,100
2014 $1,196 $74,100 $19,000 $55,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100285

APN: 270002400060

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