$279,900 Price Analysis 5322 S Ely IsTower, MN 55790 1 bed 0 bath 434 SqFt ($644/SqFt) 9.74 acre lot. Built 1958 Listed 2024-02-06, Taxes $1,204 | ✓ USDA Eligible near Tower, MN |
Historic Lake Vermilion Ely Island off-grid Loggers cabin boasts 9.74 cres and 1140 ft. of lake shore! First time on the market in 50 years and renovated in 2017. Easy 5 minute commute from Stuntz Bay public boat launch. Enjoy privacy in the peaceful protected cove with gorgeous views of the lake across Seven Sisters to Pike Bay.
CONTEMPORARY foundation supports, roof, windows, loft, front porch, screened in back porch and steps. Add another cab in on the main island if desired. Excellent fishing and swimming right from your dock. Abundant wildlife at your doorstep. Located close to McKinley Park, historic Soudan Mine and new State Park with numerous hiking/biking/ATV and snowmobile trails. Sold mostly furnished. Don't pass up the chance to own your own island paradise!
Presented by Sherry Zupancich at
VERMILION LAND OFFICE INC.
Property MLS #6112171 from LakeSuperiorAreaRealtors
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $28,900 + $53,400 $82,300 | $1,204 |
2021 | $28,900 + $53,400 $82,300 | $1,186 |
2020 | $14,700 + $59,900 $74,600 | $828 |
2019 | $14,700 + $59,700 $74,400 | $1,030 |
2018 | $11,700 + $56,400 $68,100 | $964 |
2017 | $11,700 + $54,400 $66,100 | $876 |
2016 | $11,700 + $28,300 $40,000 | $586 |
2015 | $12,100 + $53,400 $65,500 | $910 |
2014 | $12,100 + $53,400 $65,500 | $943 |
2013 | $9,800 + $50,400 $60,200 | $887 |
2011 | $9,800 + $50,400 $60,200 | $1,694 |
2010 | $10,600 + $132,100 $142,700 | $1,829 |
2009 | $9,200 + $106,700 $115,900 | $1,349 |
2008 | $7,600 + $111,600 $119,200 | $1,477 |
2007 | $6,200 + $89,400 $95,600 | $1,275 |
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.