NOT LISTED FOR SALE

9405 Runn Rd Ely, MN 55731

Estimated Value: $830,000 - $1,033,765

3 Beds
2 Baths
2,575 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 28, 2023

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

Est. 1% increase in value since last sale

Current estimated payment $6,110/month

2 Days on Market

Highlights

  • Private Waterfront
  • Sauna
  • Deck
  • Docks
  • Panoramic View
  • Recreation Room

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
  • List Price/ Sq Ft: 359.22
  • 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

  • School District: Ely #696
  • Junior High Dist: Ely #696

Lot Info

  • Geo Update Timestamp: 2023-06-23
  • 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

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
$930,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,588
Avg. Annual Appreciation
-1.99%
Original Mortgage
$475,000
Outstanding Balance
$467,052
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$422,659

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:

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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
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 Change Sq Ft Price
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
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

    182 Total Sales

    Section Image
  • Anna Yahnke

    Seller Co-Listing Agent in 2023

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    191 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    Chris Eilrich

    Wildwoods Land Company

    (218) 343-6169

    145 Total Sales

    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

This home is located at 9405 Runn Rd, Ely, MN 55731 since 23 June 2023 and is currently estimated at $930,588, approximately $361 per square foot. This property was built in 1990. 9405 Runn Rd is a home located in St. Louis County with nearby schools including Washington Elementary School and Memorial 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.

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