NOT LISTED FOR SALE

7329 Ely Lake Dr Eveleth, MN 55734

Estimated Value: $335,000 - $441,000

2 Beds
1.5 Baths
1,120 Sq Ft
$333/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2023

Last sale price $310,000 $277 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,274 / mo

5 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Traditional Architecture
  • 2 Car Detached Garage
  • Sauna
  • No HOA
  • Woodwork

About This Home

As of May 2023

Beautiful 2 bedroom home on Ely Lake in Fayal Township/ Eveleth, MN! Enjoy your morning coffee or summer evenings in the sun room or on the lake! This home is a must see with all the gorgeous woodwork throughout. The main floor features a beautifully updated kitchen, and open concept living/ dining room combination, along with 2 bedrooms ( One lacking a closet), and a full bathroom. The basement is an unfinished pallet of potential, there could be more bedrooms added down there or an additional hangout space to add value or just make it what you want! Outside has a wonderful sauna area and most of all you will love being out on the lake! Call for your personal tour today!

Last Agent to Sell the Property

Darcie Novak

My Place Realty, Inc. Listed on: 04/13/2023

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1940

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 245x50
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Combination Dining and Living Room
  • Sauna
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shared Waterfront

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 340-0040-00430

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

Built in 1940

Lot Details

0.28 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Miller Trunk Rd by the gas station in Fayal. Head East on Ely Lake Dr (County rd 96), Home on left in 2.1 miles.
  • L O1 Office Phone1 Number: 218-276-5495
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Twp Number: 57
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Natural Woodwork, Sauna
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block
  • FinFootageAboveGrade: 1120
  • Garage Type: Detached
  • Heat: Forced Air
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1940
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1120
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna
  • Waterfront Access: Public
  • Water Frontage In Feet: 50
  • Waterfront Name: Ely
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 30x24

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Rock Ridge #2909

Lot Info

  • Estimated Lot Dimensions: 245X50
  • Estimated Number of Acres: 0.28
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 340-0040-00430
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 2175

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 23, 2023
Sold by
Bought by
Seller's Agent
Darcie Novak
My Place Realty, Inc.
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$310,000
Sold Price
$310,000
Views
74
Current Estimated Value
$372,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,963
Avg. Annual Appreciation
6.21%
Original Mortgage
$18,600
Outstanding Balance
$18,063
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$354,900

Purchase Details

Closed on
Mar 2, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$310,000 Burnet Title
-- None Available
$145,000 None Available
$100,000 Consolidated Title & Abstrac
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $18,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $310,000 0.0% $277 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $310,000 -- $277 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,030 $242,300 $105,800 $136,500
2023 $2,798 $219,200 $105,800 $113,400
2022 $1,636 $219,200 $105,800 $113,400
2021 $1,388 $156,000 $66,500 $89,500
2020 $2,030 $141,200 $63,200 $78,000
2019 $1,746 $141,200 $63,200 $78,000
2018 $1,752 $141,200 $63,200 $78,000
2017 $1,638 $139,300 $63,200 $76,100
2016 $1,662 $131,200 $62,900 $68,300
2015 $1,597 $134,200 $65,100 $69,100
2014 $1,597 $134,200 $65,100 $69,100
Source: Public Records

Agents Affiliated with this Home

  • Darcie Novak

    Seller's Agent in 2023

    Darcie Novak

    My Place Realty, Inc.

    (218) 276-4087

    356 Total Sales

    Darcie Novak
    Section Image

  • N

    Buyer's Agent in 2023

    Nonmember NONMEMBER

    Nonmember Office

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6107506

APN: 340004000430

Minnesota St Louis County Eveleth 55734

7329 Ely Lake Dr, Eveleth, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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