7424 Ely Lake Dr Eveleth, MN 55734
Estimated payment $2,087/month
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
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | Price Changed | $354,000 | -1.4% | $144 / Sq Ft |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $196,000 | All American Title | |
| Deed | $196,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $186,200 | New Conventional | |
| Closed | $196,000 | No Value Available |
Source: NorthstarMLS
MLS Number: 6717895
APN: 340004000690
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