NOT LISTED FOR SALE

Ely, MN 55731

Estimated Value: $553,000 - $626,000

2 Beds
1.5 Baths
1,448 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $312,500 $216 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,430/month

Highlights

  • Heated Floors
  • Deck
  • Wood Burning Fireplace
  • Memorial High School Rated 9+

About This Home

As of August 2016

New Country Home In The Pines – This 3 year old custom built home is surrounded by Large Towering Red Pines. Sixteen hundred square foot Two bedroom , 1 ½ bath home with open floor plan, cathedral ceilings, large trapezoid window for lots of natural light. Gas in floor heat and a stone wood fireplace add to the warm feel in this home. Situated on 14.5 acres with some open meadow for the horse owner. Plus a oversized garage with guest quarters above it and an additional bathroom. All for only $349,900.

Last Agent to Sell the Property

Mark Larson

Wildwoods Land Company License #40037736 Listed on: 06/14/2016

Co-Listed By

Kris Schmidt

Wildwoods Land Company License #20250001

Last Buyer's Agent

Wendy Johnson

Keller Williams Classic Realty Northwest License #20553505

Keller Williams Classic Realty Northwest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $556

Year Built

  • Built in 2012

Lot Details

  • 14.5 Acre Lot
  • Property is zoned Muns4

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,448 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Heated Floors

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Radiator
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 465-0010-01100

Home Details

Home Type

Single Family

Est. Annual Taxes

$556

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas, Radiator, In-Floor
  • Main Level Bathrooms: 1.5
  • Number Of Bedrooms: 2
  • Parcel Code Number: 465-0010-01100
  • Patioporch: Deck
  • Real Estate Tax: 556
  • Style: 1 1/2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1448
  • Bedroom 1: Size: 16 x 16, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Slab
  • Bedroom 2: Size: 20 x 22, On Level: Upper
  • Bedroom 3: Bathroom, Size: 8 x 12, On Level: Main
  • Fireplace: Wood Burning
  • Kitchen: Size: 14 x 20, On Level: Main
  • Living Room: Size: 14 x 20, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Utility Rm, Size: 6 x 10, On Level: Main
  • Other Room 3: 1/2 bath, Size: 5'x 6', On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 28 x 36

Utilities

  • Utilities: Septic, Well, Telephone
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 665x1078
  • Number Of Acres: 14.5
  • Zoning: Muns4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Aug 3, 2016
Sold by
Hensel Don L
Bought by
Babiracki Joseph P and Babiracki Julie A
Seller's Agent
Mark Larson
Wildwoods Land Company
Buyer's Agent
Wendy Johnson
Keller Williams Classic Realty Northwest
Sold Price
$312,500
Current Estimated Value
$580,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,361
Avg. Annual Appreciation
6.81%
Original Mortgage
$245,250
Outstanding Balance
$195,150
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$385,711

Purchase Details

Closed on
Apr 5, 2010
Sold by
Ellerbrook Mark Lee and Ellerbrook Dianna
Bought by
Hensel Don L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2008
Sold by
Ellerbroek Mark Lee and Ellerbroek Dianna
Bought by
Hensel Don L

Purchase Details

Closed on
Aug 19, 2004
Sold by
Kassey Thomas Paul and Kassey Rhana Lee
Bought by
Ellerbroek Mark Lee and Ellerbroek Dianna

Purchase Details

Closed on
Mar 12, 2004
Sold by
Lee Kassey Thomas Paul and Lee Kassey Rhana
Bought by
Lee Kassey Thomas Paul and Lee Kassey Rhana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Babiracki Joseph P $312,500 Northeast Title Company
Hensel Don L $89,000 None Available
Hensel Don L $89,000 Canoe Country
Ellerbroek Mark Lee $73,000 Northeast Title Company
Lee Kassey Thomas Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babiracki Joseph P $245,250
Previous Owner Hensel Don L $30,000
Closed Hensel Don L $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $312,500 -- $216 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
Source: Range Association of 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 $4,642 $530,100 $104,000 $426,100
2023 $4,642 $463,700 $94,200 $369,500
2022 $3,706 $406,400 $85,200 $321,200
2021 $3,780 $351,000 $71,700 $279,300
2020 $3,488 $335,100 $71,700 $263,400
2019 $2,944 $335,100 $71,700 $263,400
2018 $2,390 $297,200 $69,100 $228,100
2017 $2,176 $252,200 $69,100 $183,100
2016 $616 $232,100 $66,500 $165,600
2015 $1,657 $228,100 $62,500 $165,600
2014 $1,657 $150,500 $62,500 $88,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Larson

    Wildwoods Land Company

    Section Image

  • K

    Seller Co-Listing Agent in 2016

    Kris Schmidt

    Wildwoods Land Company

  • Wendy Johnson

    Buyer's Agent in 2016

    Wendy Johnson

    Keller Williams Classic Realty Northwest

    (218) 349-7731

    57 Total Sales

    Wendy Johnson
    Section Image
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Source: Range Association of REALTORS®

MLS Number: 128003

Range Association of REALTORS®

APN: 465001001100

Minnesota St Louis County Ely

55731

Not Listed for Sale

Detached

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