$410,000 Price Analysis   ♡   Ely, MN 55731 2 bed 1 bath 1,750 SqFt ($234/SqFt) 8.96 acre lot. Built 2007 Listed 2024-04-29, Taxes $1,738 | ✓ USDA Eligible near Ely, MN |
Welcome to this enchanting 9-acre homesite nestled on the historic grounds of Section 30 Mine
* Sale Pending *A relic from the early 1900s. As you explore the hallowed trails and vintage railroad grades, youll step back in time and connect with the rich history of this land. Lets delve into the fascinating story: Exploratory Beginnings: In the 19th century, two intrepid timber cruisersEdward Byrne and Joe Clementsworked for the Minnesota Iron Company. Their mission: to explore Section 30 in Township 63, Range 11 of the Vermi lion Range. The exploratory shaft was initiated in January 1906. Guided by visionaries like Leonidas and Alfred Merritt, along with W. G. Sinclair, the mine gained momentum. By 1910, Section 30 Mine was in full swing. It shipped 30 cars, each carrying a hefty 50 tons of ore, in June 1910. Rise and Fall: Alas, the mines glory was short-lived. By 1921, all work ceased. Yet during its existence, the Section 30 Mine left an indelible mark, shipping a staggering 1, 457, 305 tons of ore over 14 years.
The Home: Nestled within this historic landscape stands a charming 32 x 45 log-sided structure with sturdy steel roofing. The main floor boasts an open floor plan along with a Master Bedroom, large closet and a full bath with updated fixtures. 10 x 11 Utility Room, now enhanced with 2-inch foam and new composite flooring for comfort and easy maintenance. Open Kitchen/Dining/Living Area, fstering warmth and connection. 9 x 7 Office for productivity. 4 x 8 Walk-in Closet, a haven for organization. Full Domestic Water Treatment System in the utility room. Recent updates include a revamped kitchen, bathroom, new furnace and refreshed flooring. The Loft: Ascend to the 11 x 32 loft, a canvas of possibilities: Loft Office: Overlooking the lower level, its a space for inspiration. Storage: Along the east wall, neatly organized. Loft Bedroom: Bathed in natural light, a cozy retreat. An open area invites relaxation, with a natural wood blend wall and abundant sunlight. Metal Garage: A 24 x 30 insulated and heated metal garage, completed in 2018, stands ready for your vehicles and projects. Embrace the echoes of history, the serenity of nature and the promise of new beginnings on this remarkable property.
Presented by Jerry Fink at
Canoe Capital Realty, LLC.
Property MLS #6113377 from LakeSuperiorAreaRealtors
Bedroom 1 Dimensions: 13 x 12
Bedroom 2 Dimensions: 13 x 12
Bedroom 1 Level: Main
Bedroom 2 Level: Upper
Full Bathrooms: 1
Bathroom 1 Dimensions: 7 x 8
Bathroom 1 Level: Main
Bathroom 1 Features: Full Bath
Den/Office Level: Main
Den/Office Features: Working office with Storage
Utility Room: 11 x 10
Utility Room Level: Main
Den/Office: 6 x 11
Den/Office Level: Upper
Bonus Room: 13 x 12
Bonus Room Level: Upper
Living Room Dimensions: 11 x 14
Living Room Level: Main
Living Room Features: Open Design
Extra Room-1 Description: No
Dining Room Features: Combined with Kitchen
Dining Room Level: Main
Kitchen Features: Open with Living Area
Kitchen Level: Main
Pond
Waterfront Feet: 350
Lot Size Dimensions: 1250 x 420 x 1320 x 230
Lot Size Square Feet: 390298
Garage Description: Detached
Garage Features: Drains, Electrical Service, Heat, Insulation
Parking Features: Driveway - Gravel, Off Street
Garage Dimensions: 24 x 30
Calculated Total Monthly Association Fees: 0
Map directions Map directionsSource Listing Status: PENDING
County: Lake County
Directions: From Ely, East on Minnesota State Highway 169 1 mile to right on County Road 16, 1 mile to left on 175 Kawishiwi Trail.
Tax Year: 2024
Source Property Type: SINGLE FAMILY
Area: LSAR
Source Neighborhood: LSAR
Parcel Number: 28-6311-30550
Public Survey Section: 30
Township: Fall Lake township (Lake County)
Property Subtype: SF/Detached
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $167,801 + $64,734 $232,535 | $1,738 |
| 2021 | $159,600 + $62,253 $221,853 | $1,684 |
| 2020 | $152,300 + $67,482 $219,782 | $1,822 |
| 2019 | $152,300 + $67,482 $219,782 | $1,799 |
| 2018 | $137,210 + $66,440 $203,650 | $1,664 |
| 2017 | $123,044 + $74,175 $197,219 | $1,556 |
$410,000
LakeSuperiorAreaRealtors
Listed 2024-04-29
$434,000
LakeSuperiorAreaRealtors
Sold 2015-07-22
$189,500
Public Record
Listing removed 2015-05-04
$199,000
Arrowhead
Listed 2015-05-03
$199,000
Arrowhead
Listing removed 2015-01-01
$219,000
Arrowhead
Listing removed 2014-11-30
$424,500
Arrowhead
Price Changed 2014-08-19
$219,000
Arrowhead
Price Changed 2014-08-19
$424,500
Arrowhead
Price Changed 2014-07-18
$249,000
Arrowhead
Price Changed 2014-07-18
$454,500
Arrowhead
Listed 2014-05-01
$299,000
Arrowhead
Listed 2014-05-01
$474,500
Arrowhead
Listing removed 2013-12-01
$474,500
Arrowhead
Listing removed 2013-12-01
$299,000
Arrowhead
Relisted 2013-10-09
$299,000
Arrowhead
Relisted 2013-10-09
$474,500
Arrowhead
Listing removed 2013-10-02
$474,500
Arrowhead
Listing removed 2013-10-02
$299,000
Arrowhead
Price Changed 2013-07-29
$299,000
Arrowhead
Listed 2013-07-26
$474,500
Arrowhead
Listed 2013-05-01
$329,900
Arrowhead
Sold 2005-02-14
$61,000
Public Record
Sold 2003-07-15
$61,000
Public Record
Year Built: 2007
Above Grade Finished Area: 1750
Building Exterior Type: Wood
Foundation Details: Slab
Property Age: 17
Roof: Metal
Levels or Stories: 1.25 - 1.75 Story
Structure Type: Frame/Wood
House Style: A Frame
Year Built Details: Previously Owned
Water Source: Drilled, Private
 |  |  |  |  |
 |  |  |  | |
 |  |  | |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  | |
 |  |  |  |  |
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.