NOT LISTED FOR SALE

5643 Ely Island N Tower, MN 55790

Estimated Value: $278,000 - $356,680

4 Beds
1.5 Baths
400 Sq Ft
$807/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $260,000 $650 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,132/month

343 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • Vaulted Ceiling
  • Dock Available
  • Panoramic View
  • Wood Flooring

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 a land based lot located at 5687 Hoodoo Point Rd. There is a possibility that a portion of this property could possibly be inclusive with purchase, details are being worked out.

NON-RMLS NON-RMLS

Non-MLS Listed on: 08/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 2.09 Acre Lot
  • Lot Dimensions are 208x450
  • Lake Front

Interior Spaces

  • 400 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Flooring
  • Panoramic Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Dock Available

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Water Filtration System
  • Well

Community Details

  • Cedarwood Town Of Breitung Subdivision

Listing and Financial Details

  • Assessor Parcel Number 270002400010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,008

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: None
  • Outside Features: Log
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Fuel Type: Electric, Propane
  • Year Built: 2018
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1216.00
  • Above Grade Finished Area Search: 1216.00
  • Above Grade Finished Sq Ft: 400.00
  • Assessment Pending Y N: No
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 76
  • List A O R Key Numeric: 16696
  • Listing Organization: Iowa
  • Living Area Finished: 1216.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 816.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 270002400010
  • Rental License: No
  • Stories Type: One and One Half
  • Tax Assessment Balance: 20.00
  • Water Body Name: Vermilion
  • Waterfront Frontage: 208
  • Waterfront Slope Type: Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: None
  • Appliances: Exhaust Fan/Hood, Fuel Tank - Rented, Microwave, Range, Refrigerator, Water Filtration System
  • Living Area: 400.00
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • LakeAcres: 39272.25000
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Other

Utilities

  • Heating: Baseboard, Fireplace
  • Sewer: Tank with Drainage Field

Association/Amenities

  • Property Amenities: Ceiling Fan(s), Dock, Hardwood Floors, Panoramic View, Vaulted Ceiling(s)

Schools

  • School District: 2142 - St. Louis County
  • School District Phone: 218-749-8130

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Completed New Construction
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: 208x450
  • Homestead: No
  • Lot Size Acres: 2.0900
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT: 0001 BLOCK:001 cedarwood
  • Tax Amount: 2008.00
  • Tax Year: 2019
  • Tax With Assessments: 2008.00
  • Assessor Parcel Number: 270002400010

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front

MLS Schools

  • School District Name: 2142 - St. Louis County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Sep 13, 2020
Sold by
Countrywood Ventures North Inc
Bought by
Schonebaum Peter A
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Total Days on Market
343
Current Estimated Value
$322,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,670
Avg. Annual Appreciation
4.80%
Original Mortgage
$234,000
Interest Rate
2.8%
Mortgage Type
New Conventional

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
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 Change Sq Ft Price
09/28/2020 09/28/20 Sold $260,000 0.0% $650 / Sq Ft
09/28/2020 09/28/20 Sold $260,000 -5.4% $214 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/15/2020 07/15/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $274,900 -8.3% $226 / Sq Ft
01/06/2020 01/06/20 For Sale $299,900 0.0% $750 / 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 -- --
12/31/2019 12/31/19 Off Market $260,000 -- --
08/28/2019 08/28/19 For Sale $299,900 0.0% $750 / Sq Ft
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: 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 $4,116 $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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Source: NorthstarMLS

MLS Number: NST5285421

NorthstarMLS

APN: 270002400010