NOT LISTED FOR SALE

610 Riverview Rd Ely, MN 55731

Estimated Value: $483,332

1.87 Acres
$258,466 Price per Acre
81,457 Sq Ft Lot

Last Sold October 12, 2012

Last sale price $212,500

Est. 127% increase in value since last sale

Current estimated payment $2,694/month

83 Days on Market

Highlights

  • 225 Feet of Waterfront
  • Beach Access
  • Level Lot
  • Docks
  • Landscaped with Trees
  • Storage Shed

About This Lot

As of October 2012

This home is located at 610 Riverview Rd, Ely, MN 55731 since 04 June 2012 and is currently estimated at $483,332. 610 Riverview Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

Last Agent to Sell the Property

Janet Erchul

Bear Island Land Co., Inc Listed on: 06/04/2012

Last Buyer's Agent

Catherine Braun

Wildwoods Land Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,666

Lot Details

  • 1.87 Acre Lot
  • Lot Dimensions are 355 x 225
  • 225 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Landscaped with Trees

Outdoor Features

  • Beach Access
  • Docks
  • Storage Shed

Utilities

  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 28-6376-28250

Property Details

Property Type

Land

Est. Annual Taxes

$1,666

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Residential
  • Amenities Exterior: Dock
  • Parcel Number: 28-6376-28250
  • Projected Closed Date: 10/12/2012
  • Range: 11
  • Section: 28
  • Twp Number: 63
  • Estimated Number of Acres: 1.87
  • Exclusive Builder: Kit
  • Land Improvements: Unpaved, Private
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Farm
  • Out Buildings: Storage Shed
  • Waterfront: Yes
  • Water Frontage: 225
  • Waterfront Description: Lake

Utilities

  • Available Utilities: Electric, Private Septic
  • On Site Utilities: Electric

Schools

  • School District: Ely #696

Lot Info

  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Medium
  • Estimated Lot Dimensions: 355 x 225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2012
Closed on
Oct 8, 2012
Sold by
Byhoffer Steven and Byhoffer Patricia
Bought by
Nemitz Michael
Seller's Agent
Janet Erchul
Bear Island Land Co., Inc
Buyer's Agent
Catherine Braun
Wildwoods Land Company
List Price
$245,000
Sold Price
$212,500
Premium/Discount to List
-$32,500
-13.27%
Current Estimated Value
$483,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,832
Avg. Annual Appreciation
6.51%
Original Mortgage
$148,750
Interest Rate
3.53%
Mortgage Type
New Conventional
Source: Public Records

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
Nemitz Michael $212,500 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nemitz Michael $148,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $212,500 -13.3% --
08/26/2012 08/26/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $245,000 -- --
Source: REALTOR® Association of Southern Minnesota

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 $1,666 $234,300 $209,600 $24,700
2024 $905 $234,300 $209,600 $24,700
2023 $975 $221,200 $196,500 $24,700
2022 $1,800 $215,500 $196,500 $19,000
2021 $1,827 $197,700 $186,700 $11,000
2020 $2,202 $196,300 $186,700 $9,600
2019 $2,211 $220,100 $210,500 $9,600
2018 $2,348 $220,100 $210,500 $9,600
2017 $2,174 $231,000 $221,400 $9,600
2016 $2,114 $218,500 $210,500 $8,000
2015 $2,112 $213,500 $210,500 $3,000
2014 $2,112 $0 $0 $0
2013 $2,118 $0 $0 $0
2012 $2,247 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Janet Erchul

    Bear Island Land Co., Inc

  • C

    Buyer's Agent in 2012

    Catherine Braun

    Wildwoods Land Company

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4283055

REALTOR® Association of Southern Minnesota

APN: 28-6376-28250

Minnesota Lake County Ely 55731

610 Riverview Rd, Ely, MN

This home is located at 610 Riverview Rd, Ely, MN 55731 since 04 June 2012 and is currently estimated at $483,332. 610 Riverview Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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