Estimated payment $1,080/month
Highlights
- Spa
- Sauna
- No HOA
- Memorial High School Rated 9+
- Wood Flooring
- Fenced Yard
About This Home
Step into this beautifully renovated 2-bedroom, 2-bath home in the heart of Ely, offering the perfect blend of modern updates and original character. A covered front porch and a stunning, intricate front door set the tone for the charm inside. The main floor features 9’ ceilings, a brand-new kitchen with fresh tiled flooring, a new full bath, and refinished hardwood floors throughout. Upstairs, you’ll find two cozy bedrooms with thoughtfully updated closets, convenient built-ins, and a quaint updated half bath. Renovations also revealed the home’s original shiplap, now sealed and painted white to create a bright, timeless aesthetic. The bright walk-out basement, complete with new sump pump and compliant sewer line, offers high ceilings, laundry area, extra square footage, and a renovated electric sauna, adding both function and charm. Outside, enjoy beautifully designed gardens, a paver patio, and fully fenced front and back yards—perfect for entertaining or relaxing. While the newer roof and maintenance-free siding provide peace of mind, a 1-car garage plus additional off-street parking adds convenience. Located in downtown Ely, this property is zoned C-1, offering flexibility and opportunity. Whether you’re looking for a charming home or a short-term rental investment, it’s move-in ready and full of potential—ideal as a year-round residence, Northwoods getaway, or income-producing rental. From its character-filled interiors to its beautifully landscaped outdoor spaces, this home truly captures the best of Ely living—comfortable, stylish, and ready to welcome its next owner.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,041
Year Built
- Built in 1925
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 25 x 131
- Fenced Yard
Home Design
- Bungalow
- Concrete Foundation
- Poured Concrete
- Fire Rated Drywall
- Wood Frame Construction
- Asphalt Shingled Roof
- Composition Shingle
Interior Spaces
- Multi-Level Property
- Woodwork
- Living Room
- Sauna
- Wood Flooring
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
Parking
- 1 Car Detached Garage
- Off-Street Parking
Outdoor Features
- Spa
- Patio
- Porch
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Oil
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 030-0010-02560
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 | $1,066 | $63,100 | $4,700 | $58,400 |
| 2023 | $1,066 | $59,800 | $4,600 | $55,200 |
| 2022 | $874 | $52,900 | $4,300 | $48,600 |
| 2021 | $860 | $44,400 | $3,900 | $40,500 |
| 2020 | $780 | $39,800 | $3,900 | $35,900 |
| 2019 | $750 | $39,800 | $3,900 | $35,900 |
| 2018 | $564 | $39,200 | $3,900 | $35,300 |
| 2017 | $578 | $28,700 | $3,700 | $25,000 |
| 2016 | $554 | $27,700 | $3,400 | $24,300 |
| 2015 | $538 | $28,800 | $3,800 | $25,000 |
| 2014 | $538 | $28,800 | $3,800 | $25,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/14/2025 10/14/25 | For Sale | $189,000 | +152.0% | $182 / Sq Ft | |
| 09/11/2023 09/11/23 | Sold | $75,000 | +1.5% | $78 / Sq Ft | View Prior Sale |
| 08/04/2023 08/04/23 | Pending | -- | -- | -- | |
| 08/02/2023 08/02/23 | For Sale | $73,900 | -- | $77 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | Northeast Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | None Available |
Source: Lake Superior Area REALTORS®
MLS Number: 6122439
APN: 030001002560
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