Sold for $1,750,000

$1,750,000

3061 Arm Rd E, Ely, MN 55731

4beds

4baths

1,904sqft

SingleFamily

Built in 1997

2 Acres Lot

$1,805,100 Zestimate^®

$919/sqft

$2,663 Estimated rent

Home value

$1,805,100

$1.62M - $1.99M

$2,663/mo

Zestimate^® history

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$2,663/mo

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$2,663/mo

Rent Zestimate^®

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$11,196/mo

Est. payment

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$11,196/mo

Est. payment

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What's special

Property is truly unique w/privacy, many mature pines & spectacular views. Each BA is selectively hand-painted w/scenes related to the area. Lot features: gardens, pond w/waterfall, landscaping on entire parcel, log sided sauna on waters edge, sand beach. Beautiful open floor plan w/cathedral ceilings & hardwood floors emphasizes the great room, KI, & DR. KI features custom ash cabinets, fieldstone fireplace in great room & DR w/tons of storage. Huge master BR has formal glass French doors to separate LR w/ Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Bruce Chernak

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Forced air, wood

Cooling

Central

Features

Has fireplace: Yes

Interior area

Total interior livable area: 1,904 sqft

Property

Parking

Total spaces: 4
Parking features: Garage - Attached, Garage - Detached

Features

Exterior features: Wood
Has view: Yes
View description: Territorial

Lot

Size: 2 Acres

Details

Parcel number: 465020000060

Construction

Type & style

Home type: SingleFamily

Materials

Wood
Roof: Asphalt

Condition

Year built: 1997

Community & HOA

Location

Region: Ely

Financial & listing details

Price per square foot: $919/sqft
Tax assessed value: $1,287,200
Annual tax amount: $12,320

Price history

Date	Event	Price
8/13/2024	Sold	$1,750,000+25%$919/sqft
Source: Public Record Report a problem
10/17/2012	Listing removed	$1,400,000$735/sqft
Source: Bear Island Land Co., Inc #15311 Report a problem
10/12/2012	Listed for sale	$1,400,000-6.7%$735/sqft
Source: Bear Island Land Co., Inc #15311 Report a problem
1/28/2008	Sold	$1,500,000+2105.9%$788/sqft
Source: Public Record Report a problem
7/2/2003	Sold	$68,000$36/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$12,320 +10.8%	$1,287,200 +11.5%
2023	$11,118 +10.1%	$1,154,700 +19.4%
2022	$10,096 +0.7%	$967,000 +15.4%
2021	$10,022	$837,600
2020	$10,022	$837,600
2019	$10,022 +3.2%	$837,600 -0.1%
2018	$9,708 -0.9%	$838,500
2017	$9,794 +0.9%	$838,500
2016	$9,708 -0.9%	$838,500 -1.6%
2015	$9,796 -0.2%	$852,000 0%
2014	$9,812 -1.2%	$852,300
2013	$9,935 -7.2%	$852,300 -10.6%
2012	$10,705 +15%	$953,200
2011	$9,313 +54.7%	$953,200 +44.3%
2010	$6,021	$660,700
2009	$6,021 -8.5%	$660,700
2008	$6,581 -3.2%	$660,700 +4.2%
2007	$6,797 +30%	$634,200 +8.2%
2006	$5,228 -6.2%	$586,100 +17.3%
2004	$5,573 +8.5%	$499,600 +12%
2003	$5,137 +14.5%	$446,100 +10%
2002	$4,487 -36.3%	$405,500 +8.5%
2001	$7,042 +3.3%	$373,700 +8.5%
2000	$6,816	$344,400