$725,000 Price Analysis   ♡   Ely, MN 55731 2 bed 1 bath 1,175 SqFt ($617/SqFt) 2.5 acre lot. Built 1935 Listed 2024-06-21, Taxes $4,574 | ✓ USDA Eligible near Ely, MN |
A classic Burntside seasonal cabin with stunning views feet from the water.
* Has Contingent Offer *200 feet of level shoreline with a rocky/sandy bottom and 2.5 acres of diverse land. The close proximity to the lake create views from the rustic cabin that feel like you are on the water. The kitchen is open and combined with the dining room and living room; all facing the lake. Bedrooms are located on either end of the cabin with a 1/2 bath in between. Fetures outside include vinyl siding, lake water system, large storage/work shed, detached 1 stall garage, wood shed and wood burning sauna on the waters edge.
The septic has been inspected; permitting and installation of a new holding tank is in process by the seller. The privy will be abandoned due to nonconformity. The back part of the property is a gorgeous location for a new building site and has been checked for septic and it does accomodate. The panoramic elevated view from there is breathtaking and a perfect location for future dreams. The driveway down to the cabin is seasonally driveable, paved and steep.
Presented by Trish Bulinski at
Bear Island Realty LLC.
Property MLS #6114464 from LakeSuperiorAreaRealtors
Bedroom 1 Dimensions: 11 x 14
Bedroom 2 Dimensions: 9 x 12
Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 1 Features: Knotty pine walls, baseboard heat, carpet, tiled ceiling
Bedroom 2 Features: Knotty Pine walls, tile ceiling, carpet
1/2 Bathrooms: 1
Bathroom 1 Dimensions: 5 x 5
Bathroom 1 Level: Main
Bathroom 1 Features: Sink & Toilet
Sauna
Vaulted Ceilings
Panelled Walls
Window Features: Wood Frame
Entry: 3 x 9
Entry Level: Main
Entry Features: Hallway entry with closet storage areas
Living Room Dimensions: 13 x 26
Living Room Level: Main
Living Room Features: Carpet, Lake views, knotty pine walls
Kitchen Features: Kitchen and Dining Room open and combined. Panaramic close lake views.
Kitchen Level: Main
Inland Lake
Waterfront Feet: 200
Lot Size Dimensions: 200 x 600
Lot Size Square Feet: 108900
Garage Description: Detached
Garage Features: Slab
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directionsSource Listing Status: Inspection cont (mn)
County: St. Louis County
Directions: Follow 169 South out of Ely to Cty Rd 88/Grant McMahan, turn onto Grant McMahan and follow to Van Vac Rd. Follow Van Vac to Moroni Point Rd, turn onto and follow sign to Fowler's 2823 Moroni Point Rd (stay left). The property technically begins partially down the paved driveway.
Tax Year: 2024
Source Property Type: SINGLE FAMILY
Area: LSAR
Source Neighborhood: LSAR
Parcel Number: 465-0040-03470
Property Subtype: Seasonal
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $99,600 + $296,000 $395,600 | $4,574 |
| 2021 | $99,600 + $296,000 $395,600 | $4,730 |
| 2020 | $99,600 + $296,000 $395,600 | $4,470 |
| 2019 | $75,700 + $323,400 $399,100 | $4,490 |
| 2018 | $75,700 + $323,400 $399,100 | $4,480 |
| 2017 | $75,700 + $323,400 $399,100 | $4,508 |
| 2016 | $75,700 + $340,100 $415,800 | $4,650 |
| 2015 | $75,700 + $340,100 $415,800 | $4,728 |
| 2014 | $73,100 + $340,000 $413,100 | $4,695 |
| 2013 | $73,100 + $340,000 $413,100 | $4,728 |
| 2011 | $76,600 + $412,000 $488,600 | $4,803 |
| 2010 | $85,200 + $412,000 $497,200 | $4,553 |
| 2009 | $69,300 + $295,800 $365,100 | $3,421 |
| 2008 | $60,300 + $257,200 $317,500 | $3,071 |
| 2007 | $57,000 + $219,100 $276,100 | $2,935 |
$725,000
LakeSuperiorAreaRealtors
Year Built: 1935
Above Grade Finished Area: 1175
Building Exterior Type: Vinyl
Foundation Details: Concrete Block
Property Age: 89
Levels or Stories: 1 Story
Structure Type: Frame/Wood
House Style: Rustic Cabin
Year Built Details: Previously Owned
Water Source: Private
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.