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$369,900   Price Analysis
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1543 Highway 1
Ely, MN 55731
2 bed 1 bath 1,392 SqFt ($265/SqFt)
4.4 acre lot. Built 1968
Listed 2024-01-29, Taxes $1,812
USDA Eligible
near Ely, MN
 

Welcome to A Welcome to Ely residential property listing located south of town that is perfect for families looking for a year-round vacation spot in the Ely area.

* Sale Pending *

This property is a few miles from the Boundary Waters and the famous Kawishiwi River/Birch Lake chain, which offers excellent year-round recreational activities. This ranch rambler-style house is an affordable option for those who are not yet ready to retire but are looking for a place to relax and enjoy the beauty of Ely. It's an excellent option for people looking to downsize, with a sizeable 4.4-acre yard and garage. The house has two bedrooms, a bathroom and an open living room/kitchen area with tiled floors. The living room overlooks an expansive deck perfect for watching the Northern Lights. The lower level of the house has a bar/recreational area and two bonus rooms that could be turned into bedrooms by installing egress windows.

The 10 x 19 utility room has a washer, dryer, fuel oil furnace and an off-peak electrical panel for two off-peak storage het units. The sizeable recreational deck wraps around the west to east of the north side of the home, extending the seasonal recreational area. This home has a large yard with two horseshoe pits, a generous open lawn and a garden area. The large 36 x 60 garage has one 10-foot and one 8-foot door, providing plenty of space for washing or repairing vehicles and recreational vehicles. The garage is insulated and heated with in-floor heat and has a year-round insulated underground waterline service to the garage, complete with a water heater. The garage has an enormous indoor kennel with an insulated/lockable pet door to access the outdoor run. A large, professionally installed chain-link fence has been added to protect and contain dogs or other pets. As soon as weather permits, the septic system will be upgraded fro m Non-Conforming to compliance this spring.


Presented by Jerry Fink at
Canoe Capital Realty, LLC.
Listing Agent Photo

Property MLS #6112066 from LakeSuperiorAreaRealtors

Bedrooms: 2
Bedroom 1 Dimensions: 10 x 13
Bedroom 2 Dimensions: 10 x 12.6
Bedroom 1 Level: Main
Bedroom 2 Level: Main

Total Bathrooms: 1 / 0 / 0
Full Bathrooms: 1
Bathroom 1 Dimensions: 7 x 9
Bathroom 1 Level: Main
Bathroom 1 Features: Remodeled - Tile

Tiled Floors
Drywalls
Panelled Walls
Window Features: Energy Windows, Vinyl Frame

Dryer
Microwave
Range/Stove
Refrigerator
Washer

Bonus Room: 8 x 12
Bonus Room Level: Lower
Bonus Room Features: Extra room - possible bedroom with an egress window install
Bonus Room: 10 x 11
Bonus Room Level: Lower
Bonus Room Features: Storage or -
Utility Room: 10 x 19
Utility Room Level: Lower
Utility Room Features: Washer Dryer utility room
Basement Features: Partially Finished, Den/Office, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
Family Room Dimensions: 12 x 22
Living Room Dimensions: 11 x 15
Family Room Level: Lower
Living Room Level: Main
Family Room Features: Carpeted - Bar Area
Living Room Features: Open design to kitchen - Carpet

12
Dining Area Description: Combine with Kitchen
Kitchen Features: Island, Tile, Open design
Kitchen Level: Main

Heating Features: Baseboard, Boiler, Dual Fuel/Off Peak, Radiant, Electric

Deck
Dog Run
Fenced Yard - Partial
Gutter/Downspout
Other Structures: Kennel
Road Frontage Type: Highway
Road Maintenance: Private

Lot Description: Landscaped, Tree Coverage - Medium, High, Level
Lot Size Acres: 4.4
Lot Size Dimensions: 450 x 450
Lot Size Square Feet: 191664

Garage Spaces: 6
Garage Description: Detached
Garage Features: Drains, Electrical Service, Heat, Insulation, Plumbing
Parking Features: Off Street, Driveway - Gravel
Garage Dimensions: 36 x 60

View: Valley, Panoramic, Typical
Other Equipment: Water Heater-Electric

Association: No
Calculated Total Monthly Association Fees: 0

School District: Ely #696

Washington Elementary School is a public elementary school located approximately 5 miles away.
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Memorial Secondary is a public high school located approximately 5 miles away.
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Memorial Middle School is a public middle school located approximately 5 miles away.
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Annual Tax Amount: 1978
Source Listing Status: PENDING
County: St. Louis County
Directions: South of Ely on Minnesota State Highway 169, 7 miles to property on right.
Tax Year: 2023
Source Property Type: SINGLE FAMILY
Area: LSAR
Source Neighborhood: LSAR
Parcel Number: 465-0010-03632, 4650010-03633
Public Survey Section: 26
Township: Morse
Property Subtype: SF/Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$142,408 + $33,556
$175,964
$1,812
2021$132,836 + $33,209
$166,045
$1,844
2020$132,836 + $33,209
$166,045
$1,686
2019$105,245 + $34,422
$139,667
$1,346
2018$105,245 + $34,422
$139,667
$1,334
2017$92,948 + $32,440
$125,388
$1,194
2016$92,900 + $32,500
$125,400
$1,166
2015$92,900 + $32,500
$125,400
$1,184
2014$91,200 + $32,300
$123,500
$1,151
2013$91,800 + $35,500
$127,300
$1,199
2011$86,800 + $43,200
$130,000
$922
2010$113,800 + $51,000
$164,800
$1,028
2009$113,800 + $51,000
$164,800
$1,122
2008$111,800 + $50,100
$161,900
$1,133
2007$101,800 + $39,000
$140,800
$1,019

Price Changed 2024-03-20
$369,900
LakeSuperiorAreaRealtors
Listed 2024-01-29
$379,900
LakeSuperiorAreaRealtors
Sold 2023-07-14
$350,000
LakeSuperiorAreaRealtors
Sold 2023-07-03
$350,000
RangeMLS
Listed 2023-05-26
$359,000
LakeSuperiorAreaRealtors
Listed 2023-05-26
$359,000
RangeMLS

Total Square Feet Living: 1392
Year Built: 1968
Above Grade Finished Area: 768
BelowGradeFinishedArea: 624
Building Exterior Type: Vinyl
Foundation Details: Full Basement, Concrete Block
Property Age: 56
Roof: Asphalt Shingles
Levels or Stories: 1 Story
Structure Type: Concrete Block, Frame/Wood
House Style: Ranch/Rambler
Year Built Details: Previously Owned

Sewer: Private, Drain Field
Water Source: Private, Drilled
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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.