$549,000
$30K PRICE DROP

1365 S White Iron Rd Ely, MN 55731

Estimated payment $3,217/month

Total Views 25,060
3 Beds
1.5 Baths
1,800 Sq Ft
$305 Price per Sq Ft

Highlights

  • Panoramic View
  • 62 Acre Lot
  • 1-Story Property
  • Memorial High School Rated 9+
  • Fireplace

About This Home

Enjoy comfortable one-level living with an open-concept living and dining area, an updated kitchen with new appliances, a main-floor laundry, and a bright sunporch. Relax and unwind in your private sauna complete with a changing room and shower. The land showcases a picturesque mix of mature pines and northern hardwoods, offering breathtaking views in every direction. Established trails wind throughout the property, providing endless opportunities for hiking, snowshoeing, and wildlife viewing. Whitetail deer, black bears, wolves, martens, lynx, and bald eagles are often seen here. This meticulously maintained home has seen numerous recent improvements, including a completely refinished basement with new foam walls, flooring, windows, and lighting; LP furnace with central air; 3 heating zones added w/ new thermostats; a new Vertex metal roof with added insulation; a newly built deck; updated plumbing, electrical, fireplace, and bathrooms; updated kitchen with new appliances; and fresh interior paint throughout. The two-stall attached garage is complemented by a 30’ x 60’ metal storage building / garage offering abundant space for vehicles, equipment, and outdoor gear. Other updates include tree clearing, new gravel & grading of road and parking areas, new exterior LED lighting, and much more! This rare property combines modern comfort with the best of northern Minnesota wilderness living, all just minutes from town.

Listing Agent

Kate Davies

Bear Island Realty LLC Brokerage Phone: Listed on: 10/06/2025

Co-Listing Agent

Anna Yahnke

Bear Island Realty LLC Brokerage Phone:

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 1978

Lot Details

  • 62 Acre Lot
  • Lot Dimensions are 2500 x 2200 x 3400

Parking

  • 4

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Panoramic Views
  • Dishwasher
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 465-0010-01815

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

Built in 1978

Lot Details

62 Acres

Parking

4

Listing Details

  • Directions: From Ely, take Sheridan Street East to Hwy 1. Turn South and follow 4.8 miles to South White Iron Road. Turn left and follow 1 mile to 1365 on the left.
  • Tax Year: 2025
  • View Type:Pond View: Panoramic
  • Reso Roof: Metal
  • Year Built: 1978
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Lot Size: 2500 x 2200 x 3400
  • Road Frontage Type: County Road
  • Co List Office Mls Id: LSA31750
  • Co List Office Phone: 218-365-2800
  • Co List Office Mls Id: LSA31750
  • Above Grade Finished Sq Ft: 1800
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1440
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 1
  • Window Features: Energy Windows, Wood Frames

Exterior Features

  • Disclosures: Well Disclosure, Disc./Condition Report
  • Construction Type: Vinyl
  • Foundation Details: Concrete
  • Other Structures: Pole Building

Garage/Parking

  • Parking Features: Asphalt, Gravel

Utilities

  • Sewer: Private Sewer, Mound Septic
  • Cooling: Central Air
  • Water Source: Private, Drilled

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 465-0010-01815
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3673

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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 $3,758 $400,400 $136,700 $263,700
2023 $3,758 $383,700 $123,700 $260,000
2022 $3,268 $337,700 $111,600 $226,100
2021 $2,834 $290,100 $93,500 $196,600
2020 $2,680 $278,800 $93,500 $185,300
2019 $2,636 $278,800 $93,500 $185,300
2018 $2,612 $280,400 $94,300 $186,100
2017 $2,538 $280,400 $94,300 $186,100
2016 $2,494 $274,500 $106,300 $168,200
2015 $2,505 $257,000 $102,200 $154,800
2014 $2,505 $257,000 $102,200 $154,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2026 04/06/26 Price Changed $549,000 -5.2% $305 / Sq Ft
10/06/2025 10/06/25 For Sale $579,000 +99.7% $322 / Sq Ft
09/11/2020 09/11/20 Sold $290,000 -3.0% $155 / Sq Ft View Prior Sale
07/14/2020 07/14/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $299,000 -9.1% $160 / Sq Ft
12/11/2019 12/11/19 Price Changed $329,000 -6.0% $176 / Sq Ft
10/16/2019 10/16/19 For Sale $350,000 -- $187 / Sq Ft
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $290,000 Northeast Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 New Conventional
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6122797

APN: 465001001815

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