NOT LISTED FOR SALE

672 Point Dr Ely, MN 55731

Estimated Value: $510,000 - $603,000

1 Bed
1.5 Baths
1,390 Sq Ft
$404/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $445,000 $320 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,228/month

111 Days on Market

Highlights

  • 335 Feet of Waterfront
  • Guest House
  • Sauna
  • Docks
  • Spa
  • Panoramic View

About This Home

As of November 2016

Here is your chance to live in a Northwood paradise. This beautifully designed, simple home has a stunning wilderness lake view. The home is designed with efficiency in mind. It has both grid-tied solar panels and solar hot water, and is practically maintenance-free. The generous one bedroom/office has ample space to be transformed into two bedrooms. Features include: stainless gourmet kitchen, lake view screened seasonal porch, 1/1/2 baths and beautiful custom built-ins throughout the house. The property includes 335' of lakeshore on the 'Kawishiwi River' located in the center of the White Iron chain of lakes (Farm, South Farm, White Iron, and Garden Lake) and 3.65 acres of natural landscaping with mature White and Red pines on your own point with dock. The detached garage features a separate large living/sleeping area with charming, private guest accommodations. Watch the unfolding beauty of the lake and woods from large picture windows, while enjoying the comfort of a cozy fire.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 05/26/2016

Last Buyer's Agent

Kate Davies

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,961

Year Built

  • Built in 1996

Lot Details

  • 3.65 Acre Lot
  • Lot Dimensions are 550 x 250
  • 335 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Many Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,390 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Skylights
  • Triple Pane Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Sauna

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Dual Heating Fuel
  • Hot Water Heating System
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Solar Heating System
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 28-6376-28140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,961

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, travel east on Hwy 169 to the Kawishiwi Trail. Turn right and follow to the Garden Lake Road. Turn left onto the Garden Lake Road and follow to Point Road. Turn left and follow to Fire # 672 and sign.
  • L O1 Office Phone1 Number: 218-365-2800
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Kitchen Center Island, Natural Woodwork, Sauna, Skylight, Patio Door, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1390
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, Hot Water, Electric, Solar
  • Bedroom 3: Dining Room
  • TotalBedrooms: 1
  • Year Built: 1996
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Basement Material: Poured Concrete
  • Basement Style: None, Slab
  • Bathroom 1 Level: main
  • Bathroom Description: 1/2 Master, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Enclosed Porch, Pantry, Spa/Sauna
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bathroom
  • Stories: 2 Story
  • Room 6: Bathroom
  • Room 7: 3 Season Porch
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1390
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna, Screenhouse, Guesthouse
  • Road Frontage: Private
  • Water Frontage In Feet: 335
  • Waterfront Name: Garden
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Triple Glazed

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 1

Utilities

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

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 550 x 250
  • Estimated Number of Acres: 3.65
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, Level, BWCA Area
  • Parcel Number: 28-6376-28140
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2961.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Nov 18, 2016
Sold by
Powers Nancy D
Bought by
Heiks Samuel J and Stutzman Rachel E
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Kate Davies
Bear Island Realty LLC
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$562,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,088
Avg. Annual Appreciation
2.60%
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 Buyer Sale Price Title Company
Heiks Samuel J $445,000 Northeast Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $445,000 0.0% $320 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $445,000 -- $320 / 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 $3,282 $463,500 $173,800 $289,700
2024 $1,884 $467,100 $173,800 $293,300
2023 $1,903 $460,200 $163,400 $296,800
2022 $3,570 $420,700 $163,400 $257,300
2021 $3,432 $384,400 $194,400 $190,000
2020 $3,925 $361,600 $194,400 $167,200
2019 $397 $362,400 $218,300 $144,100
2018 $4,137 $388,100 $218,300 $169,800
2017 $3,032 $400,100 $229,100 $171,000
2016 $2,961 $362,400 $218,300 $144,100
2015 $3,041 $363,000 $218,300 $144,700
2014 $3,041 $0 $0 $0
2013 $2,569 $0 $0 $0
2012 $2,552 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Trish Bulinski

    Bear Island Realty LLC

    (218) 349-5595

    135 Total Sales

    Trish Bulinski
    Section Image
  • Kate Davies

    Buyer's Agent in 2016

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    168 Total Sales

    Kate Davies
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6022759

APN: 28-6376-28140

Minnesota Lake County Ely 55731

672 Point Dr, Ely, MN

Not Listed for Sale

Detached

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