$819,000
SOLD FEB 10, 2025

584 Riverview Rd Ely, MN 55731

3 Beds
2 Baths
2,108 Sq Ft
2.4 Acres

Recently Sold

$389 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Heated Floors
  • Docks
  • Lake View
  • Deck

About This Home

As of February 2025

This beautiful 3 bedroom, 2 bath, custom built, log sided, year-round home/cabin is situated on +-2.4 acres on the shores of Farm Lake, with +-220 feet of level shoreline. If you’re looking for the convenience of urban living with the wilderness experience of a cabin, this is it. This home has a Great Room with a beautiful rock fireplace, vaulted ceiling, handcrafted natural wood railings to the 2nd floor, slate flooring with in-floor heat and has air conditioning. The wood finishing is amazing. The main floor has a living/dining/kitchen combination (Great Room), the primary bedroom, full bath, laundry area, utility room and storage areas. The kitchen has been upgraded with quartz counter tops and built-in sink, a three-door refrigerator and exceptional gas stove and microwave. The island was hand crafted by the owner/contractor. In the main bath, the tub has been replaced by a beautiful walk-in, glass door-shower, primarily for safety. The upper area has 2 bedrooms, a full bathroom and a sitting area that overlooks the great room. There is a 4-season porch off the living area and a full covered porch off the kitchen and dining areas. The grounds have been maintained and landscaped with perennials and native plants. The 40 x 40, 5 car garage is insulated and heated. There is a workshop on the main floor and storage on the upper level. Excellent workshop lighting and an abundance of electrical receptacles make this a craftsman’s paradise. There is a small storage shed and a woodshed. Drilled well and compliant septic system. This property gives you multiple use recreation opportunities with access to the White Iron Chain of Lakes, the Kawishiwi River and direct access to the BWCAW. Very well maintained and ready for immediate occupancy

Last Agent to Sell the Property

Don Stocks

Wildwoods Land Company Listed on: 12/02/2024

Last Buyer's Agent

Kerry Davis

Canoe Capital Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,773

Year Built

  • Built in 2005

Lot Details

  • 2.4 Acre Lot
  • Lot Dimensions are 250 x 475
  • Private Waterfront
  • 220 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Unpaved Streets
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Paneling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Dining Room
  • Open Floorplan
  • Sun or Florida Room
  • Utility Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 5 Car Detached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Storage Shed
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 28-6387-01030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,773

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, East on Hwy 169, Right on Kawishiwi Trail. Turn left onto Garden Lake Road. At a bit over two miles veer to right when coming to Point Drive. In 1/2 mile, take a right onto Riverview Road. Proceed to Fire#584 on your left.
  • L O1 Office Phone1 Number: 218-365-3665
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Private
  • ShorelineCharacteristics: Hard, Sand, Shore-Accessible, Shore-Beach, Shore-Vegetation
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Wall
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Panelled Walls, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2108
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, In Floor, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Utility Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 2005
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Main
  • RoomLevel9: Upper
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: Full Main Floor, Full Upper
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: 4 Season Porch, Great Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Great Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Primary Bedroom
  • Bedroom 5: Sunroom/Solarium
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bathroom
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2108
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Other Buildings
  • Road Frontage: Unpaved, Township
  • Waterfront Access: Private
  • Water Frontage In Feet: 220
  • Waterfront Name: Farm
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Electrical Service, Heat, Insulation, Slab
  • Garage Capacity: 5
  • ParkingFeaturesGarageDimensions: 40 x 40

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 250 x 475
  • Estimated Number of Acres: 2.4
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, Telephone, Level, BWCA Area
  • Parcel Number: 28-6387-01030
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 4773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Jan 8, 2025
Sold by
Myers Donna and Hartfield C.
Bought by
Jt Northwoods Llc
Seller's Agent
Don Stocks
Wildwoods Land Company
Buyer's Agent
Kerry Davis
Canoe Capital Realty, LLC
List Price
$849,900
Sold Price
$819,000
Premium/Discount to List
-$30,900
-3.64%
Views
10
Current Estimated Value
$905,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,895
Avg. Annual Appreciation
12.29%
Original Mortgage
$655,200
Outstanding Balance
$650,650
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$255,245

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 7, 2022
Sold by
Guldan Michael and Guldan Ann
Bought by
Hartfield C. and Myers Donna
Seller's Agent
Lori Schulze
Keller Williams Classic Realty NW - Ely
Buyer's Agent
Don Stocks
Wildwoods Land Company
List Price
$757,000
Sold Price
$757,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$592,000
Interest Rate
5.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $819,000 --
Deed $757,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $655,200 New Conventional
Previous Owner $592,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2025 02/10/25 Sold $819,000 -3.6% $389 / Sq Ft
12/14/2024 12/14/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $849,900 +12.3% $403 / Sq Ft
10/07/2022 10/07/22 Sold $757,000 0.0% $359 / Sq Ft View Prior Sale
08/23/2022 08/23/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $757,000 -- $359 / Sq Ft
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 $4,808 $746,100 $211,000 $535,100
2024 $3,066 $751,900 $211,000 $540,900
2023 $2,621 $739,300 $198,300 $541,000
2022 $3,410 $600,400 $198,300 $402,100
2021 $3,206 $426,700 $182,600 $244,100
2020 $4,224 $183,100 $182,600 $500
2019 $4,273 $205,400 $204,900 $500
2018 $4,449 $417,200 $204,900 $212,300
2017 $3,891 $429,600 $215,000 $214,600
2016 $3,878 $383,900 $204,900 $179,000
2015 $3,252 $383,900 $204,900 $179,000
2014 $3,252 $0 $0 $0
2013 $3,765 $0 $0 $0
2012 $2,508 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117173

APN: 28-6387-01030