Estimated payment $2,588/month
Highlights
- Deeded Waterfront Access Rights
- Lake Front
- Sauna
- Memorial High School Rated 9+
- Barn
- Heated Floors
About This Home
Country Home in Beautiful Ely, MN. Escape to your own private retreat in the Northwoods! Nestled among towering trees outside of Ely, this inviting country home offers the perfect blend of rustic charm and modern comfort. Step inside to find warm wood floors throughout, and a bright, open loft that fills the home with natural light. Floor-to-ceiling windows showcase the serene, wooded views, creating a peaceful, treehouse-like atmosphere year-round. Whether you're sipping coffee on the porch, enjoying the quiet sounds of nature, or entertaining by the fireplace, this home is a true Northwoods haven. Features include, Open concept living with vaulted ceilings, Spacious loft with a bedroom and deck, sitting area and charming bathroom with a clawfoot tub. Floor-to-ceiling windows with stunning forest views, wood floors throughout Surrounded by mature trees on a private lot. Outside you will find a partially fenced area, an electric sauna for those winter nights and plenty of space to roam. There is a huge barn that is added storage for boats, camper, cars you name it. Just down the road is the deeded access to white iron lake, it is a foot trail to the lake. Perfect as a year-round residence, weekend getaway, or vacation rental. Buyer's agent to verify all measurements. Septic system new in 2024.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,753
Year Built
- Built in 2007
Lot Details
- 7.1 Acre Lot
- Lake Front
- Property fronts a county road
- Partially Fenced Property
- Many Trees
Home Design
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- Multi-Level Property
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Entrance Foyer
- Living Room
- Combination Kitchen and Dining Room
- Den
- Loft
- Bonus Room
- Lower Floor Utility Room
- Utility Room
- Sauna
Kitchen
- Eat-In Kitchen
- Range
- Recirculated Exhaust Fan
- Dishwasher
Flooring
- Wood
- Heated Floors
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- Freestanding Bathtub
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Parking
- 2 Car Detached Garage
- Carport
- Gravel Driveway
- Dirt Driveway
Outdoor Features
- Deeded Waterfront Access Rights
- Balcony
- Patio
Farming
- Barn
Utilities
- Ductless Heating Or Cooling System
- Boiler Heating System
- Heating System Uses Propane
- Private Water Source
- Electric Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 465-0330-00040
Map
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 | $2,838 | $358,500 | $58,900 | $299,600 |
| 2023 | $2,838 | $288,300 | $54,200 | $234,100 |
| 2022 | $2,348 | $262,600 | $52,000 | $210,600 |
| 2021 | $2,320 | $239,700 | $48,000 | $191,700 |
| 2020 | $2,128 | $223,000 | $48,000 | $175,000 |
| 2019 | $2,046 | $223,000 | $48,000 | $175,000 |
| 2018 | $2,028 | $221,300 | $48,900 | $172,400 |
| 2017 | $1,830 | $221,300 | $48,900 | $172,400 |
| 2016 | $1,792 | $203,000 | $47,000 | $156,000 |
| 2015 | $1,801 | $184,000 | $42,600 | $141,400 |
| 2014 | $1,801 | $184,000 | $42,600 | $141,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/09/2025 10/09/25 | For Sale | $449,000 | +8.2% | $174 / Sq Ft | |
| 04/02/2024 04/02/24 | Sold | $415,000 | 0.0% | $161 / Sq Ft | View Prior Sale |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- | |
| 02/09/2024 02/09/24 | For Sale | $415,000 | -- | $161 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,000 | -- | |
| Warranty Deed | $231,000 | Canoe Title | |
| Warranty Deed | $35,000 | Consolidated Hbg |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $352,750 | New Conventional | |
| Previous Owner | $138,000 | New Conventional | |
| Previous Owner | $31,500 | Credit Line Revolving |
Source: Lake Superior Area REALTORS®
MLS Number: 6122394
APN: 465033000040
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