Estimated payment $3,150/month
Total Views
6,300
4
Beds
1
Bath
1,048
Sq Ft
$505
Price per Sq Ft
Highlights
- Spa
- Lake View
- Vaulted Ceiling
- Sauna
- Heated Floors
- Traditional Architecture
About This Home
This 9 acre property features a home, guest cabin and garage. The focal point of the 1 bedroom, 1 bath home is the stunning southern view looking out over White Iron Lake. Other features are in-floor heat, wood fireplace, sauna, covered patio and one level living. The 1,156 sq. ft. guest cabin has 3 bedrooms, 1 bath, laundry, in-floor heat and comes completely furnished. The garage could continue to be used as a shop or a combination shop and 1 car garage. Above the garage is a 12' x 24' loft for additional shop or storage area. From the lakeside of the home you have easy winter access to White Iron Lake over a couple hundred feet of Federal land. In spring, when water is high, you can paddle a canoe out to the lake and in summer there is a walking trail down to the shore.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,795
Year Built
- Built in 2003
Lot Details
- 9.02 Acre Lot
- Lot Dimensions are 890 x 600
- Property fronts a private road
HOA Fees
- $21 Monthly HOA Fees
Home Design
- Traditional Architecture
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 1,048 Sq Ft Home
- 1-Story Property
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Wood Frame Window
- Entrance Foyer
- Living Room
- Combination Kitchen and Dining Room
- Sauna
- Lake Views
- Attic
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Heated Floors
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Heated Garage
- Insulated Garage
- Gravel Driveway
Outdoor Features
- Spa
- Patio
- Storage Shed
- Lean-To Shed
Utilities
- Heating System Uses Wood
- Private Water Source
- Drilled Well
- Mound Septic
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 28-6211-07377
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,006 | $510,100 | $77,900 | $432,200 |
| 2023 | $1,778 | $532,100 | $77,900 | $454,200 |
| 2022 | $2,278 | $439,100 | $77,900 | $361,200 |
| 2021 | $1,690 | $305,000 | $68,700 | $236,300 |
| 2020 | $1,904 | $128,700 | $65,900 | $62,800 |
| 2019 | $1,896 | $132,900 | $70,100 | $62,800 |
| 2018 | $1,918 | $245,300 | $70,100 | $175,200 |
| 2017 | $1,755 | $245,700 | $70,000 | $175,700 |
| 2016 | $1,721 | $234,900 | $76,500 | $158,400 |
| 2015 | $1,778 | $236,500 | $77,100 | $159,400 |
| 2014 | $1,778 | $0 | $0 | $0 |
| 2013 | $1,200 | $0 | $0 | $0 |
| 2012 | $1,205 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $529,000 | -3.6% | $505 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $549,000 | -- | $524 / Sq Ft |
Source: Lake Superior Area REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $3,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $177,500 | Purchase Money Mortgage | |
| Previous Owner | $213,000 | New Conventional | |
| Previous Owner | $215,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Ely, MN
Source: Lake Superior Area REALTORS®
MLS Number: 6119167
APN: 28-6211-07377
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