Seller's Agent in 2025
Jeff Hway
Bear Island Realty LLC
(218) 349-0906
161 Total Sales
3
Beds
2
Baths
2,189
Sq Ft
1.06
Acres
Highlights
- Private Waterfront
- Panoramic View
- 2 Fireplaces
- Multiple Garages
- Ranch Style House
- Sun or Florida Room
About This Home
As of September 2025Lovely year around home on Fall Lake located just 5 miles north of Ely. This south facing gem has 3 bedrooms and 2 baths and is a 2 level home with a finished walk out basement. Gorgeous island views from both levels! Fall Lake has very good fishing and is approx. 6 miles long with the northern part of the lake being in the famous Boundary Waters Wilderness Area, offering direct access to Basswood Lake and the Canadian border! Location, location, location! The home's main level has a huge 4 season sun porch, large kitchen with lots of counter space, living room with a gorgeous "Mike Braun" stone fireplace (propane), 2 bedrooms, and a large bathroom. Downstairs is a large family room with an impressive brick wood burning fireplace, full bar with sink, a 3rd bedroom, bathroom, nice laundry area, and 2 large utility/workshop rooms. Easy access shoreline with a sand beach area, and a fantastic cedar sauna with new wood burning Kuuma stove with a large changing room right near the beach and the roll-in dock! Two detached 2-stall garages: one right by the house with furnace and bathroom with sink and toilet, and the other on the hill by the access road, also insulated and with a heater, and near a large woodshed. Other features of the home include a large wrap around deck, and new dual fuel hot water heating boilers. Outside enjoy the lovely lupine flowers, great lake views, a garden area, and excellent privacy! Drilled well, compliant septic system. Parcel size is approx. 1.01 acres with 178 feet of shoreline, and the feeling of complete privacy is abundant here! The home has a great location on one of Ely's finest lakes and is ready to go as your Ely area year-around home or vacation headquarters!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,267
Year Built
- Built in 1982
Lot Details
- 1.06 Acre Lot
- Lot Dimensions are 234 x 200
- Private Waterfront
- 200 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Elevated Lot
- Landscaped with Trees
Property Views
- Lake
- Panoramic
Home Design
- Ranch Style House
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 2 Fireplaces
- Gas Fireplace
- Double Pane Windows
- Wood Frame Window
- Family Room
- Living Room
- Open Floorplan
- Sun or Florida Room
- Lower Floor Utility Room
- Utility Room
Kitchen
- Range
- Microwave
- Dishwasher
- Trash Compactor
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- 2 Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Bedroom in Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
- Basement Window Egress
Parking
- 4 Car Detached Garage
- Multiple Garages
- Heated Garage
- Insulated Garage
- Bathroom In Garage
- Gravel Driveway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Propane
- Baseboard Heating
- Drilled Well
- Electric Water Heater
- Water Softener is Owned
- Fuel Tank
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 26-6374-18040
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2025
Closed on
Sep 4, 2025
Sold by
The Dubbin Family Trust Dated March 26
Bought by
Miklaucic James and Miklaucic Jane
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Jodi Nyman
Z' Up North Realty
List Price
$789,000
Sold Price
$735,000
Premium/Discount to List
-$54,000
-6.84%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,027
Avg. Annual Appreciation
-2.06%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $735,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Sold | $735,000 | -0.5% | $336 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 08/06/2025 08/06/25 | Price Changed | $739,000 | -6.3% | $338 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $789,000 | -- | $360 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $3,352 | $564,400 | $167,300 | $397,100 |
| 2024 | $2,170 | $568,900 | $167,300 | $401,600 |
| 2023 | $1,716 | $564,000 | $157,600 | $406,400 |
| 2022 | $2,581 | $425,200 | $157,700 | $267,500 |
| 2021 | $2,425 | $337,400 | $151,200 | $186,200 |
| 2020 | $2,849 | $315,300 | $151,200 | $164,100 |
| 2019 | $2,835 | $337,400 | $169,000 | $168,400 |
| 2018 | $2,945 | $337,400 | $169,000 | $168,400 |
| 2017 | $2,481 | $345,700 | $177,100 | $168,600 |
| 2016 | $2,434 | $307,400 | $169,000 | $138,400 |
| 2015 | $2,505 | $309,200 | $169,000 | $140,200 |
| 2014 | $2,505 | $0 | $0 | $0 |
| 2013 | $2,159 | $0 | $0 | $0 |
| 2012 | $2,093 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hway
-
Zachary Hway
Z
Seller Co-Listing Agent in 2025
Zachary Hway
Bear Island Realty LLC
(651) 341-0383
68 Total Sales
-
Jodi Nyman
Buyer's Agent in 2025
Jodi Nyman
Z' Up North Realty
(218) 343-1654
41 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6120241
APN: 28-6374-18040
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