Estimated payment $2,007/month
Highlights
- Very Popular Property
- Lake Front
- No HOA
- Memorial High School Rated 9+
- Deck
- 1-Story Property
About This Home
Ely's own Shagawa Lake Shipman Island Cabin, all to yourself! You will find it tucked under some towering pines and rugged rock outcroppings, mesmerizing lake views and nearly 900 ft of shoreline. The picturesque coastline is pure Superior National Forest—no neighbors, just loons, eagles, and the occasional moose who thinks he owns the place. Built in 2012, this cozy 560 sq ft 2BR knotty-pine cabin delivers classic Up North charm. Open layout, lakeside deck connects to the kitchen cabin, and a dock with walk-in swimming area that’s basically your own private beach. In the 1800s this island was the summer escape of one of Ely’s original doctors—proof that even back then, the smart ones knew the best way to make house calls was by boat. (The iron ring is still bolted to the west end which was used to corral logs. Now it just corrals compliments.) Shagawa Lake (2,344 acres, max depth 48 ft) is a DNR walleye factory, the walleye ain't waitin' paddle fast to get this one!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,653
Year Built
- Built in 2012
Lot Details
- Lot Dimensions are 150.00 x 365.00
- Lake Front
Home Design
- Frame Construction
Interior Spaces
- 2 Bedrooms
- 459 Sq Ft Home
- 1-Story Property
- Range
- Basement
Outdoor Features
- Deck
Utilities
- No Cooling
- Space Heater
- Propane
- Well
Community Details
- No Home Owners Association
- Morse Town Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 465002004200
Map
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 | $1,650 | $179,000 | $112,800 | $66,200 |
| 2023 | $1,650 | $150,300 | $84,000 | $66,300 |
| 2022 | $1,376 | $116,900 | $76,400 | $40,500 |
| 2021 | $1,082 | $95,100 | $61,100 | $34,000 |
| 2020 | $1,020 | $95,100 | $61,100 | $34,000 |
| 2019 | $990 | $95,100 | $61,100 | $34,000 |
| 2018 | $928 | $93,600 | $58,600 | $35,000 |
| 2017 | $906 | $88,700 | $55,800 | $32,900 |
| 2016 | $1,010 | $82,600 | $52,800 | $29,800 |
| 2015 | $877 | $97,600 | $62,300 | $35,300 |
| 2014 | $877 | $83,100 | $62,300 | $20,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $350,000 | -- | $763 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: NorthstarMLS
MLS Number: 7045366
APN: 465002004200
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
- 1852 Grant McMahan Blvd
- XXX Olson Bay Trail
- 52 W Chandler St
- 23XX Low Creek Rd
- 27 E Harvey St
- TBD Trezona Rd
- 235 E Harvey St
- 277 N 5th Ave E
- 246 N 5th Ave E
- 324 S 4th Ave E
- 628 E Sheridan St
- 738 E Camp St
- 954 E Camp St
- 638 E James St
- 545 E Wilson St
- 1317 N Pioneer Rd
- 1239 E Washington St
- 1471 N Pioneer Rd
- 1135 E Harvey St
- 1229 E Sheridan St
Ask me questions while you tour the home.