NOT LISTED FOR SALE

9405 Runn Rd Ely, MN 55731

Estimated Value: $437,000 - $1,216,000

3 Beds
2 Baths
2,575 Sq Ft
$351/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $925,000 $359 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,650/month

2 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Panoramic View
  • Memorial High School Rated 9+
  • Sauna
  • Deck

About This Home

As of August 2023

Handscribed Western Red Cedar Bissonett log home on Bear Island Lake. This phenomenal 3-BR, 2-BA log home sits near the water on a peninsula featuring amazing 180 degree panoramic views with fantastic ledgerock outcroppings, and all-around great shoreline (almost 900’) – sand beach area too! The main floor features 2 bedrooms, a ¾ bath and open concept kitchen with newer appliances, dining and living room with cathedral ceilings and wood burning fireplace. Lake side 4-season porch feels like you are one with the lapping shores offering wall to wall windows and expansive views of the lake. Bright and cheery open loft. Full finished walk-out basement complete with sauna, rec. room/family room and two additional non-egress rooms. Beautifully wooded and private 14 +/- acres with abundant pines, blueberries and walking trails throughout. Plenty of public lands surrounding for added recreational opportunities. 2 Car garage plus a 24 x 34 insulated & heated shop building and storage shed. Dual fuel electric / LP heat. Drilled well with Kinetico water filtration system & reverse osmosis. Come make memories in this delightful home with an amazing setting!

Last Agent to Sell the Property

Kate Davies

Bear Island Realty LLC Listed on: 06/23/2023

Co-Listed By

Anna Yahnke

Bear Island Realty LLC

Last Buyer's Agent

Chris Eilrich

Wildwoods Land Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,677

Year Built

  • Built in 1990

Lot Details

  • 13.8 Acre Lot
  • Lot Dimensions are 900 x 650
  • Private Waterfront
  • 894 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Level Lot
  • Many Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Log Cabin
  • Concrete Foundation
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • Multi-Level Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Loft
  • Lower Floor Utility Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Docks
  • Deck
  • Separate Outdoor Workshop
  • Storage Shed
  • Porch

Utilities

  • Dual Heating Fuel
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Drilled Well
  • Mound Septic
  • Private Sewer
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 625-0010-00254

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,677

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, travel south on Hwy 21 to Bear Island River Road. Turn right and follow to Runn Road. Turn right on Runn Road and follow to the address.
  • InternetOptions: Cable, DSL, Satellite
  • Waterfront Info Lake Chain: No
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Association
  • ShorelineCharacteristics: Rocky, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Sauna, Vaulted Ceilings, Beamed Ceilings, Drywalls, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1550
  • Below Grade Finished Sq Ft: 1025
  • Garage Type: Detached
  • Heat: Baseboard, Dual Fuel/Off Peak, Fireplace, Wood, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • New Development: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1990
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Lower
  • RoomLevel7: Main
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Finished, Walkout, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, 3/4 Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Loft
  • Stories: 1.25 - 1.75 Story
  • Room 6: Rec Room
  • Room 7: Porch
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2575
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Workshop
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 894
  • Waterfront Name: Bear Island
  • Construction Status: Previously Owned
  • Exterior: Log
  • Window Features:Insulated Windows: Energy Windows, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 3

Utilities

  • Power Company: Lake Country Power
  • Sewer: Mound, Private
  • Water: Drilled, Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 900 x 650
  • Estimated Number of Acres: 13.8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, High, Level
  • Parcel Number: 625-0010-00254
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 8677

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 28, 2023
Sold by
Spicher Andrew R and Spicher Shelia D
Bought by
Karin And David Beauclair Trust and Beauclair
Seller's Agent
Kate Davies
Bear Island Realty LLC
Buyer's Agent
Chris Eilrich
Wildwoods Land Company
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
$903,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,032
Avg. Annual Appreciation
-0.95%
Original Mortgage
$475,000
Outstanding Balance
$464,356
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$439,612

Purchase Details

Closed on
Sep 30, 2015
Sold by
Nicholes James R and Nicholes Joan W
Bought by
Spicher Andrew R and Spicher Shelia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.91%
Mortgage Type
Commercial
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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Purchase History

Date Buyer Sale Price Title Company
Karin And David Beauclair Trust $925,000 Northeast Title Company
Spicher Andrew R $720,303 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karin And David Beauclair Trust $475,000
Previous Owner Spicher Andrew R $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $925,000 0.0% $359 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $925,000 -- $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
2024 $11,638 $1,035,000 $557,500 $477,500
2023 $11,638 $828,300 $446,900 $381,400
2022 $8,532 $735,800 $405,400 $330,400
2021 $8,096 $659,100 $384,700 $274,400
2020 $7,760 $588,800 $350,100 $238,700
2019 $8,392 $588,800 $350,100 $238,700
2018 $8,388 $632,800 $388,200 $244,600
2017 $8,682 $632,800 $388,200 $244,600
2016 $8,086 $649,800 $389,800 $260,000
2015 $8,210 $649,800 $389,800 $260,000
2014 $7,835 $649,800 $389,800 $260,000
Source: Public Records

Agents Affiliated with this Home

  • Kate Davies

    Seller's Agent in 2023

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    167 Total Sales

    Kate Davies
    Section Image
  • Anna Yahnke

    Seller Co-Listing Agent in 2023

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    178 Total Sales

    Anna Yahnke
    Section Image

  • C

    Buyer's Agent in 2023

    Chris Eilrich

    Wildwoods Land Company

    (218) 343-6169

    150 Total Sales

    Chris Eilrich
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108938

APN: 625001000254

Minnesota St Louis County Ely 55731

9405 Runn Rd, Ely, MN

Not Listed for Sale

Detached

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