$1,250,000

1663 Saari Rd Ely, MN 55731

Estimated payment $7,138/month

Total Views 7,586
4 Beds
4 Baths
5,016 Sq Ft
$249 Price per Sq Ft

Highlights

  • Multiple Fireplaces
  • 6 Car Detached Garage
  • Central Air
  • Memorial High School Rated 9+
  • 1-Story Property
  • Baseboard Heating

About This Home

White Iron Lake, Ely, Minnesota - Custom built 5200 sq. ft. home with 320 feet of level lakeshore with a private boat launch. 8.7 acres of land. Both levels completed with quality materials. Features an open floor plan for the living, dining and kitchen. 4 bedrooms & 4 baths on the main floor. Walkout Lower level features a den/office, family room, full bath, sauna, pool/rec room Sleeps up to 19 people. Dual fuel heat.Tuck under garage + a 30 x 48 Morton Building. RV Hookup. Rollout dock. Access to the BWCAW. Being sold furnished.

Listing Agent

Jan Erchul

Ely Realty License #593436 Listed on: 09/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,056

Year Built

  • Built in 1997

Lot Details

  • 8.96 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,016 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 6 Car Detached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 465-0010-03191

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,056

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Dual Fuel/Off Peak, Electric, Baseboard, Gas - Propane
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 1
  • Lvt Date: 09/06/2025
  • Main Level Bathrooms: 3
  • Number Of Bedrooms: 4
  • Parcel Code Number: 465-0010-03191
  • Percent Of Bsmnt Finished: 90
  • Real Estate Tax: 7056.00
  • Style: One Story
  • Type: Residential
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 5016
  • Bedroom 1: Size: 21 x 16, On Level: Main
  • Total Bathrooms: 4
  • Appliances: Dishwasher, Garage Opener, Microwave, Refrigerator, Washer, Elec. Dryer, Gas Range
  • Basement: Poured
  • Bedroom 2: Size: 15 x 11, On Level: Main
  • Bedroom 3: Size: 16 x 14, On Level: Main
  • Dining Room: Size: 21 x 14, On Level: Main
  • Fireplace: 2 Or More Fireplaces
  • Kitchen: Size: 14 x 12, On Level: Main
  • Living Room: Size: 21 x 18, On Level: Main
  • Main Level Bedrooms: 4
  • Other Room 2: FamilyRoom, Size: 17 x 21, On Level: Lower
  • Other Room 3: Sauna, Size: 10 x 5, On Level: Lower
  • Rec Room: Size: 14 x 20, On Level: Lower

Exterior Features

  • Exterior: Vinyl, Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 6
  • Garage Size: 30 X 48

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 707x350
  • Number Of Acres: 8.96
  • Zoning: Res

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,888 $686,600 $276,300 $410,300
2023 $6,888 $593,900 $220,000 $373,900
2022 $5,198 $593,900 $220,000 $373,900
2021 $5,564 $452,500 $168,800 $283,700
2020 $5,168 $452,500 $168,800 $283,700
2019 $4,442 $452,500 $168,800 $283,700
2018 $4,170 $398,000 $184,300 $213,700
2017 $4,206 $376,300 $176,100 $200,200
2016 $4,856 $376,300 $176,100 $200,200
2015 $4,875 $442,800 $206,600 $236,200
2014 $4,875 $442,800 $206,600 $236,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2025 10/22/25 Price Changed $1,250,000 -16.6% $237 / Sq Ft
09/06/2025 09/06/25 Price Changed $1,499,000 -89.3% $284 / Sq Ft
09/04/2025 09/04/25 For Sale $14,000,000 +4136.0% $2,652 / Sq Ft
12/28/2012 12/28/12 Sold $330,500 -- $125 / Sq Ft View Prior Sale
11/29/2012 11/29/12 Pending -- -- --
Source: Range Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $332,500 Canoe Country Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $266,000 New Conventional
Source: Public Records

Source: Range Association of REALTORS®

MLS Number: 148978

Range Association of REALTORS®

APN: 465001003191