Estimated payment $3,215/month
Highlights
- Lake View
- Cathedral Ceiling
- Fireplace
- Memorial High School Rated 9+
About This Home
Looking for that perfect slice of Ely lake life? This 4-bedroom, 3-bath home on Bear Island Lake delivers it with a smile. Set on 120 feet of beautiful sandy shoreline, this exceptionally well-maintained two-story home gleams with quality. The centerpiece is a stunning custom two-story fieldstone fireplace — double-sided so you can enjoy the crackle from both the living room and the cozy upper level. Inside you’ll find a large eat-in kitchen with warm wood cabinetry, a spacious living room with soaring cathedral ceilings, and breathtaking lake views. A 3-season porch adds even more space for summer entertaining, while decks on both levels let you soak in the scenery morning and night. Recent updates include a new roof, central air, and fresh exterior paint. Compliant septic, too. Just bring your boat, your fishing gear, and your sense of adventure. Whether you’re chasing walleyes or chasing sunsets, this lake home is ready for you.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,551
Year Built
- Built in 1970
Lot Details
- 26,136 Sq Ft Lot
- Lot Dimensions are 275x120
Parking
- 2
Interior Spaces
- 2,900 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Fireplace
- Lake Views
Bedrooms and Bathrooms
- 4 Bedrooms
Listing and Financial Details
- Assessor Parcel Number 625-0026-00400
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 | $4,666 | $489,800 | $172,800 | $317,000 |
| 2023 | $4,666 | $396,500 | $139,600 | $256,900 |
| 2022 | $3,910 | $349,600 | $127,200 | $222,400 |
| 2021 | $3,632 | $333,500 | $121,000 | $212,500 |
| 2020 | $3,402 | $295,400 | $110,600 | $184,800 |
| 2019 | $3,512 | $295,400 | $110,600 | $184,800 |
| 2018 | $3,904 | $311,400 | $122,000 | $189,400 |
| 2017 | $4,152 | $311,400 | $122,000 | $189,400 |
| 2016 | $4,106 | $332,000 | $119,300 | $212,700 |
| 2015 | $3,984 | $332,000 | $119,300 | $212,700 |
| 2014 | $3,984 | $332,000 | $119,300 | $212,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $535,000 | +127.7% | $184 / Sq Ft | |
| 10/05/2018 10/05/18 | Sold | $235,000 | 0.0% | $81 / Sq Ft | View Prior Sale |
| 07/25/2018 07/25/18 | Pending | -- | -- | -- | |
| 03/01/2017 03/01/17 | For Sale | $235,000 | -- | $81 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | -- | |
| Quit Claim Deed | $3,000 | None Listed On Document | |
| Quit Claim Deed | $9,775 | None Available | |
| Assignment Deed | $235,000 | None Available | |
| Land Contract | $235,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Previous Owner | $125,000 | Land Contract Argmt. Of Sale |
Source: Lake Superior Area REALTORS®
MLS Number: 6124547
APN: 625002600400
- 2734 Bear Island River Rd
- 2606 Bear Island Resort Rd
- 1804 N Bay Rd
- 8431 Timber Bay Rd
- 12 Linney St
- 48 Aspen Ln
- 38 Locust Dr
- 3215 County Road 904
- 21 Glen Cir
- 35 Garden Cr
- 35 Garden Cir
- 31 Garden Cr
- 31 Garden Cir
- 3420 Dewees Rd
- 18 Dogwood Blvd
- 10 Elm Blvd
- 30 Fir Cir
- 24 Fern Ct
- 3XXX County Road 904
- TBD Hwy 21
Ask me questions while you tour the home.