Sold for $298,500

$298,500

260 Sunset Rd, Ely, MN 55731

1beds

0baths

416sqft

Single Family Residence

Built in 2000

5.25 Acres Lot

$293,500 Zestimate^®

$718/sqft

$1,173 Estimated rent

Home value

$293,500

$258,000 - $332,000

$1,173/mo

Zestimate^® history

Owner options

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$1,173/mo

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$1,173/mo

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$1,980/mo

Est. payment

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$1,980/mo

Est. payment

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What's special

BWCA Wilderness Entry Points Nearby! Yr Round Retreat On Very Private 5 Acres In The Forest W/Deeded Access To White Iron Lake. Close to town yet abuts state land & Kawishiwi Triangle (area bordered by White Iron Lake chain & Kawishiwi River) w/hundreds of miles of trails for xc skiing or fat tire biking—hop on your skis or bike at your front door & be on a trail in minutes! Also just 10 mi to Hidden Valley’s hiking, biking & skiing trails. Main cabin w/cedar deck features natural light pouring in windows & skylight, soapstone wood stove & elec heat. Bunkhouse w/screen porch has woodstove & elec heat. Wd burning log sauna. 2 stall garage w/wood stove. 2 summer guest cabins. Composting outhouse. Drilled well. Updated underground electric. Click link to view 3D Tour!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 0
Main level bedrooms: 1

Bedroom

Level: Main
Area: 88 Square Feet
Dimensions: 8 x 11

Dining room

Level: Main

Kitchen

Level: Main
Area: 104 Square Feet
Dimensions: 8 x 13

Living room

Level: Main
Area: 189.75 Square Feet
Dimensions: 11.5 x 16.5

Heating

Baseboard, Wood, Electric

Cooling

None

Appliances

Included: Microwave, Range, Refrigerator

Features

Natural Woodwork, Vaulted Ceiling(s)
Has basement: Yes
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total interior livable area: 416 sqft
Finished area above ground: 416
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Gravel, Detached, Heat, Insulation
Garage spaces: 2

Features

Patio & porch: Porch
On waterfront: Yes
Waterfront features: Inland Lake, Waterfront Access(Public)
Body of water: White Iron
Frontage length: 0

Lot

Size: 5.25 Acres
Dimensions: 767 x 353
Features: Irregular Lot, Many Trees
Residential vegetation: Heavily Wooded

Details

Additional structures: Sauna, Bunkhouse, Guest House, Other
Foundation area: 432
Parcel number: 28622503020

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood, Frame/Wood
Foundation: Wood
Roof: Metal

Condition

Previously Owned
New construction: No
Year built: 2000

Utilities & green energy

Electric: Lake Country Power
Sewer: Outhouse
Water: Private

Community & HOA

HOA

Has HOA: No
HOA fee: $150 annually

Location

Region: Ely

Financial & listing details

Price per square foot: $718/sqft
Tax assessed value: $270,100
Annual tax amount: $1,105
Date on market: 4/3/2024
Cumulative days on market: 15 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
6/10/2024	Sold	$298,500$718/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6112936 Report a problem
4/18/2024	Pending sale	$298,500$718/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6112936 Report a problem
4/3/2024	Listed for sale	$298,500+188.4%$718/sqft
Source: Range AOR #146476 Report a problem
4/20/2018	Sold	$103,500-5.8%$249/sqft
Source: Agent Provided Report a problem
2/21/2018	Pending sale	$109,900$264/sqft
Source: Bear Island Land Co., Inc #6028993 Report a problem
11/27/2017	Price change	$109,900-8.3%$264/sqft
Source: Bear Island Land Co., Inc #6028993 Report a problem
5/19/2017	Listed for sale	$119,900+24.9%$288/sqft
Source: Bear Island Land Co., Inc #6028993 Report a problem
12/1/2013	Sold	$96,000-4%$231/sqft
Source: Agent Provided Report a problem
10/4/2013	Listed for sale	$100,000$240/sqft
Source: Wildwoods Land Company #6001673 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,057 +5%	$270,100 +70%
2024	$1,007 -8.9%	$158,900 +3.5%
2023	$1,105 +6.6%	$153,500 +54.9%
2022	$1,037 +17.4%	$99,100
2021	$883 +43.1%	$99,100
2020	$617 -10.3%	$99,100 +37.1%
2018	$688 +2.2%	$72,300 -0.1%
2017	$673 +1.4%	$72,400 -0.3%
2016	$664 -2.1%	$72,600 -1%
2015	$679	$73,300
2014	$679 +308.1%	--
2013	$166 +2%	--
2012	$163	--
2011	--	--
2010	$249	--