7424 Ely Lake Dr Eveleth, MN 55734
Estimated payment $2,217/month
Total Views
4,499
4
Beds
2
Baths
2,452
Sq Ft
$146
Price per Sq Ft
Highlights
- 1 Fireplace
- Living Room
- Family Room
- No HOA
- Baseboard Heating
About This Home
This newly remodeled home sits on 7 acres in the desirable Fayal Township! The front yard offers views of Beautiful Ely Lake, while the privacy of a large back deck allows you to entertain and enjoy a spacious back yard. The 4 bed, 1.75 bath has a variety of updates including flooring, carpet and appliances as well as a natural gas fireplace and water filtration system. Enjoy a drink in the updated bar room while watching your favorite sports team! New siding in 2024 on the house and 3 stall garage. New steel garage roof in 2025 and lots of garage space for vehicles and toys as well as 2 large storage units for extras. Everything you are looking for to have country living close to town!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,598
Year Built
- Built in 1982
Lot Details
- 7 Acre Lot
- Lot Dimensions are 1295x296
Parking
- 3 Car Garage
Home Design
- Bi-Level Home
Interior Spaces
- 1 Fireplace
- Family Room
- Living Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Baseboard Heating
- Well
Community Details
- No Home Owners Association
- Cedar Island Lake Beach Fayal Subdivision
Listing and Financial Details
- Assessor Parcel Number 340004000690
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 |
|---|---|---|---|---|
| 2023 | $2,400 | $253,800 | $48,200 | $205,600 |
| 2022 | $2,024 | $221,000 | $44,400 | $176,600 |
| 2021 | $1,982 | $179,500 | $25,000 | $154,500 |
| 2020 | $2,270 | $179,500 | $25,000 | $154,500 |
| 2019 | $1,936 | $168,800 | $25,000 | $143,800 |
| 2018 | $1,966 | $162,000 | $25,000 | $137,000 |
| 2017 | $2,098 | $165,400 | $25,000 | $140,400 |
| 2016 | $1,990 | $178,200 | $22,000 | $156,200 |
| 2015 | $1,719 | $140,800 | $18,800 | $122,000 |
| 2014 | $1,719 | $133,700 | $18,600 | $115,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Price Changed | $359,000 | -2.7% | $146 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $369,000 | +88.3% | $150 / Sq Ft |
| 11/17/2020 11/17/20 | Sold | $196,000 | 0.0% | $70 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | For Sale | $196,000 | -- | $70 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $196,000 | All American Title | |
| Deed | $196,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $186,200 | New Conventional | |
| Previous Owner | $188,000 | Balloon | |
| Previous Owner | $152,000 | Fannie Mae Freddie Mac | |
| Closed | $196,000 | No Value Available |
Source: Public Records
Similar Homes in Eveleth, MN
Source: NorthstarMLS
MLS Number: 6717895
APN: 340004000690
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 7384 Ely Lake Dr
- 7661 Ely Lake Dr
- 4781 Cedar Island Dr
- 4364 Olaughlin Dr
- 7727 N Airport Dr
- 4325 Golf Course Rd
- 403 S Broadway Ave
- 111 E Nebraska Ave
- TBD Long Lakes Shores Rd
- 203 New Jersey Ave W
- 109 N Norman Ave
- 114 E Wisconsin Ave
- 600 N Van Buren Ave
- TBD N Norman Ave
- 113 E Minnesota Ave
- 115 W Wisconsin Ave
- 825 Fayal Rd
- 215 E Michigan Ave
- 1011 Jefferson St
- 119 E Michigan Ave