$219,900

5322 Ely Island S Tower, MN 55790

Estimated payment $1,324/month

Total Views 15,137
1 Bed
-- Bath
434 Sq Ft
$507 Price per Sq Ft

Highlights

  • 1,140 Feet of Waterfront
  • No HOA
  • 1-Story Property
  • Beach Access
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

This Cute and Cozy, historic Lake Vermilion Ely Island off-grid Loggers cabin boasts 9.74 acres and 1140 ft. of lake shore! First time on the market in 50 years and renovated in 2017. Easy 5 minute commute from Stuntz Bay public boat launch. Enjoy privacy in the peaceful protected cove with gorgeous views of the lake across Seven Sisters to Pike Bay. NEW foundation supports, roof, windows, loft, front porch, screened in back porch and steps! Add another cabin on the main island if desired. Excellent fishing and swimming right from your dock. Abundant wildlife at your doorstep. Located close to McKinley Park, historic Soudan Mine and new State Park with numerous hiking/biking/ATV and snowmobile trails. Sold mostly furnished. Don't pass up the chance to own your own island paradise!

Listing Agent

Sherry Zupancich Anderson

Vermilion Land Office, Inc. Listed on: 01/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1958

Lot Details

  • 9.74 Acre Lot
  • Lot Dimensions are 394x421
  • 1,140 Feet of Waterfront
  • Lake Front

Interior Spaces

  • 1 Bedroom
  • 434 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Range

Additional Features

  • Beach Access
  • Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 270002001410

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,271

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: None
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 434
  • Water Body Name: Vermilion
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 16x24
  • FireNumber: 5322
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Range, Refrigerator
  • Living Area: 434
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1

Beds/Baths

  • Total Bedrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Lake, South
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Rear Porch,Screened
  • Lake Acres: 39272
  • LakeChain: N
  • Waterfront Frontage: 1140

Garage/Parking

  • Parking Features: None
  • Garage Square Feet: 0

Utilities

  • Heating: None
  • Sewer: None
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictNumber: 2142
  • SchoolDistrictPhone: 218-749-8130

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 394x421
  • Lot Size Sq Ft: 424274.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 270002001410
  • Tax Annual Amount: 1271
  • TaxWithAssessments: 1356.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

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Average Value
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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
2023 $1,356 $96,700 $61,500 $35,200
2022 $1,182 $96,700 $61,500 $35,200
2021 $1,186 $82,300 $53,400 $28,900
2020 $828 $82,300 $53,400 $28,900
2019 $1,030 $74,600 $59,900 $14,700
2018 $964 $74,400 $59,700 $14,700
2017 $876 $68,100 $56,400 $11,700
2016 $586 $66,100 $54,400 $11,700
2015 $910 $65,500 $53,400 $12,100
2014 $943 $65,500 $53,400 $12,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $219,900 0.0% $507 / Sq Ft
07/14/2025 07/14/25 Price Changed $219,900 -2.2% $495 / Sq Ft
05/20/2025 05/20/25 Price Changed $224,900 0.0% $518 / Sq Ft
05/20/2025 05/20/25 Price Changed $224,900 -5.9% $507 / Sq Ft
01/07/2025 01/07/25 Price Changed $239,000 0.0% $551 / Sq Ft
01/06/2025 01/06/25 For Sale $239,000 -3.6% $538 / Sq Ft
08/14/2024 08/14/24 Price Changed $248,000 -8.1% $571 / Sq Ft
07/12/2024 07/12/24 Price Changed $269,900 -3.6% $622 / Sq Ft
05/15/2024 05/15/24 Price Changed $279,900 -3.1% $645 / Sq Ft
02/05/2024 02/05/24 For Sale $289,000 -- $666 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Warranty Deed $95,000 Stewart Title Guaranty Co
Quit Claim Deed -- --
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6645728

NorthstarMLS

APN: 270002001410