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Sold for $695,000
    • $695,000

    3945 Swanson Shores Rd, Ely, MN 55731

    2beds
    1,492sqft
    Single Family Residence
    Built in 1992
    1.35 Acres Lot
    $788,300 Zestimate®
    $466/sqft
    $1,756 Estimated rent

    Home value

    $788,300

    $670,000 - $922,000

    $1,756/mo

    Zestimate® history
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    What's special

    Custom built Log home featuring a large wrap around deck with panoramic views of Eagles Nest Lake #3. A custom built log sauna with wood heat. Sauna, changing room and attached 3 season screened porch that overlooks the lake's bay. This home is exactly what you would expect and wish for; Natural log, wood floors, open vaulted beamed ceilings, loft with skylight to watch the moon & stars, bright spaces, massive rock fireplace built upon a full foundation with interior and exterior access. This is an ideal setting between the Lake and State forest across the road. Quiet, peaceful and ideally located between Tower and Ely makes this that perfect setting for creating memories of a life enjoyed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Janet Erchul 218-365-2100,

    Ely Realty,

    Paul Solberg 218-730-7848,

    Ely Realty

    Bought with:

    Anna Yahnke, MN 20593852

    Bear Island Realty LLC

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6112724MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Bedroom
    • Description: Hardwood floors
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bedroom
    • Description: Hardwood Floors
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Bathroom
    • Description: Features clawfoot tub with shower. Huge linen closet.
    • Level: Main
    • Area: 69 Square Feet
    • Dimensions: 5.75 x 12
    Deck
    • Description: North facing portion of wraparound deck
    • Level: Main
    • Area: 280.5 Square Feet
    • Dimensions: 8.5 x 33
    Deck
    • Description: Private balcony with views of forested state land
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 6 x 20
    Deck
    • Description: East facing portion of wraparound deck
    • Level: Main
    • Area: 313.88 Square Feet
    • Dimensions: 7.75 x 40.5
    Dining room
    • Description: Open vaulted ceilings
    • Level: Main
    • Area: 104 Square Feet
    • Dimensions: 8 x 13
    Kitchen
    • Description: Combined Kitchen with Informal Dining Room
    • Level: Main
    • Area: 129.5 Square Feet
    • Dimensions: 7 x 18.5
    Living room
    • Description: Open Vaulted ceiling with fantastic custom native rock wood burning fireplace. Panoramic view overlooking the lake.
    • Level: Main
    • Area: 296 Square Feet
    • Dimensions: 16 x 18.5
    Loft
    • Description: Currently used as master bedroom featuring private balcony. Vaulted ceiling with lake views.
    • Level: Upper
    • Area: 326.63 Square Feet
    • Dimensions: 19.5 x 16.75
    Sauna
    • Description: Separate log Sauna with changing room and separate sauna room 8.5 X 7
    • Area: 262.5 Square Feet
    • Dimensions: 14 x 18.75
    Other
    • Description: Attached to log Sauna building. Wonderful lake views.
    Heating
    • Fireplace(s), Forced Air, Wood, Propane
    Features
    • Basement: Full,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 1,492 sqft
    • Finished area above ground: 1,492
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Electrical Service
    • Garage spaces: 2
    Features
    • On waterfront: Yes
    • Waterfront features: Inland Lake, Waterfront Access(Private)
    • Body of water: Eagles Nest 3
    • Frontage length: 242
    Lot
    • Size: 1.35 Acres
    • Dimensions: 268 x 293 x 224 x 295
    Details
    • Foundation area: 1024
    • Parcel number: 317018000210 & 00220

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log
    • Property subtype: Single Family Residence
    Materials
    • Log, Log Home
    • Foundation: Concrete Perimeter
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 1992

    Utilities & green energy

    • Electric: Lake Country Power
    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $466/sqft
    • Tax assessed value: $604,800
    • Annual tax amount: $4,603
    • Date on market: 3/19/2024
    • Cumulative days on market: 14 days

    Price history

    DateEventPrice
    6/17/2024Sold$695,000-0.7%$466/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6112724 Report a problem
    5/13/2024Pending sale$700,000$469/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6112724 Report a problem
    4/1/2024Contingent$700,000$469/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6112724 Report a problem
    3/19/2024Listed for sale$700,000$469/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6112724 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,474 -2.9%$604,800 +32.6%
    2023$4,608 +1.8%$456,200 +2.9%
    2022$4,528 -3.7%$443,300 +19.9%
    2021$4,704 $369,800 -4.4%
    2020$4,704 $386,700
    2019$4,704 +7%$386,700 +9.8%
    2018$4,396 +3.1%$352,300
    2017$4,264 -3%$352,300 +13.1%
    2016$4,396 +15.1%$311,500 -14.2%
    2015$3,820 -8.1%$363,000 -5.9%
    2014$4,156 -14.2%$385,600
    2013$4,844 +3.4%$385,600
    2012$4,686 +8.7%$385,600 -4.1%
    2011$4,313 -2.4%$402,100 -5.1%
    2010$4,421 $423,800
    2009$4,421 +15.9%$423,800 +7%
    2008$3,815 +5.1%$396,100 +15%
    2007$3,629 +9.4%$344,400 +17.9%
    2006$3,316 +4%$292,200 +35.3%
    2004$3,189 +9.5%$216,000 +17.5%
    2003$2,911 +12.1%$183,900 +15.6%
    2002$2,598 -0.4%$159,100 +9.9%
    2001$2,609 +20.2%$144,800 +16%
    2000$2,170 $124,800
    Find assessor info on the county website

    Neighborhood: 55731

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