NOT LISTED FOR SALE

5643 Ely Island N Tower, MN 55790

Estimated Value: $214,000 - $388,000

4 Beds
1.5 Baths
1,216 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $260,000 $214 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,966/month

716 Days on Market

Highlights

  • Deck
  • Ceiling Fan
  • Gas Log Fireplace
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of September 2020

EXCEPTIONAL Year Round Compatible Log Home. This beautiful log home has just been completed inside and out. This property has a wonderful family history story, see it in documents. This is a 4 Bdrm, 1.5 bath hand hewn Michigan Red Pine Log home, faces west and the sunsets are magnificent right from the covered deck. Brand new custom lift out dock, over 2 acre lot and additional common areas, including an outstanding walking path approximately 1 mile long (roundtrip). This property is a very short boat ride just over 1 mile from Mckinley Park or Hoodod PT landing.

Last Agent to Sell the Property

Darin Alto

Mirabella Realty License #20454323 Listed on: 07/30/2018

Co-Listed By

Mike Mehle

Dane Arthur Real Estate Agency License #20519840

Last Buyer's Agent

Mike Mehle

Dane Arthur Real Estate Agency License #20519840

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 2018

Lot Details

  • 2.05 Acre Lot
  • Irregular Lot
  • Property is zoned RES10

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • 1.75 Story Property
  • Ceiling Fan
  • Gas Log Fireplace

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1.5 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 270-0024-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,008

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Heat: Electric, Baseboard, Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 07/30/2018
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 270-0024-00010
  • Patioporch: Deck, Covered
  • Real Estate Tax: 2008
  • Style: 1 3/4 Story
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1216
  • Bedroom 1: Size: 12x14, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Electric Range, Hood, Microwave, Refrigerator
  • Bedroom 2: Size: 12x12, On Level: Main
  • Bedroom 3: MasterArea, Size: 14x14, On Level: Upper
  • Dining Room: On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 12x14, On Level: Main
  • Living Room: Size: 12x12, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: LoftBdrm, Size: 14x14

Exterior Features

  • Exterior: Log
  • Roof: Metal

Utilities

  • Cooling: Ceiling Fan
  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 450x208
  • Number Of Acres: 2.05
  • Zoning: RES10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Sep 13, 2020
Sold by
Countrywood Ventures North Inc
Bought by
Schonebaum Peter A
Seller's Agent
Darin Alto
Mirabella Realty
Buyer's Agent
Mike Mehle
Dane Arthur Real Estate Agency
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
$308,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,471
Avg. Annual Appreciation
3.42%
Original Mortgage
$234,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Schonebaum Peter A $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schonebaum Peter A $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $260,000 -5.4% $214 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $274,900 -8.3% $226 / Sq Ft
01/03/2020 01/03/20 For Sale $299,900 +15.3% $247 / Sq Ft
01/01/2020 01/01/20 Off Market $260,000 -- --
08/02/2019 08/02/19 Price Changed $299,900 -7.7% $247 / Sq Ft
05/23/2019 05/23/19 Price Changed $325,000 -6.9% $267 / Sq Ft
07/30/2018 07/30/18 For Sale $349,000 -- $287 / Sq Ft
Source: Range Association of 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
2024 $4,116 $286,800 $96,000 $190,800
2023 $4,116 $250,600 $80,900 $169,700
2022 $3,244 $250,600 $80,900 $169,700
2021 $3,202 $223,000 $70,000 $153,000
2020 $2,440 $223,000 $70,000 $153,000
2019 $2,314 $168,000 $69,500 $98,500
2018 $2,008 $167,600 $69,100 $98,500
2017 $2,006 $143,400 $65,200 $78,200
2016 $1,986 $140,900 $62,700 $78,200
2015 $2,167 $142,800 $49,800 $93,000
2014 $2,167 $142,800 $49,800 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 135327

Range Association of REALTORS®

APN: 270002400010