Sold for $550,000

$550,000

273 Birch, Ely, MN 55731

2beds

1,440sqft

Single Family Residence

Built in 2011

8.3 Acres Lot

$638,800 Zestimate^®

$382/sqft

$2,208 Estimated rent

Home value

$638,800

$594,000 - $690,000

$2,208/mo

Zestimate^® history

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$2,208/mo

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$2,208/mo

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$3,597/mo

Est. payment

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$3,597/mo

Est. payment

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What's special

Sought after one-level living on Birch Lake just 10 miles south of Ely. This year-round 2-bedroom, 2.5 bath home features open concept with vaulted ceilings, tiled floors with in-floor heat and a huge screen porch to enjoy the summer evenings. Nestled into a gorgeous 8+ acre lot, the property boasts over 1,100 feet of phenomenal shoreline. Access to the lake is level and the shoreline is rocky with a custom built in dock, ledgerock outcroppings and spectacular views. Also on the property is an older 3-bedroom seasonal cabin with a kitchen, living room, and wood stove. In addition, the 2-room bunkhouse is perfect for even more family and friends to visit. These additions are ready for your ideas and updates and both already have electricity. Birch Lake is a 20-mile long lake with trophy Walleye and Northern fishing, picturesque islands and miles of undeveloped shoreline.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 1
1/2 bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main
Area: 130 Square Feet
Dimensions: 13 x 10

Bedroom

Level: Main
Area: 168 Square Feet
Dimensions: 14 x 12

Kitchen

Level: Main
Area: 140 Square Feet
Dimensions: 14 x 10

Living room

Level: Main
Area: 352 Square Feet
Dimensions: 22 x 16

Office

Level: Main
Area: 90 Square Feet
Dimensions: 10 x 9

Other

Level: Main
Area: 384 Square Feet
Dimensions: 32 x 12

Heating

Fireplace(s), Ductless, Propane, Electric

Cooling

Ductless

Appliances

Included: Water Heater-Electric, Range, Refrigerator
Laundry: Main Level, Dryer Hook-Ups, Washer Hookup

Features

Ceiling Fan(s), Natural Woodwork, Vaulted Ceiling(s)
Flooring: Tiled Floors
Windows: Energy Windows
Has basement: Yes
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total interior livable area: 1,440 sqft
Finished area above ground: 1,440
Finished area below ground: 0

Property

Parking

Parking features: Gravel, None

Accessibility

Accessibility features: Customized Wheelchair Accessible, No Stairs External, No Stairs Internal

Features

On waterfront: Yes
Waterfront features: Inland Lake, Waterfront Access(Private)
Body of water: Birch
Frontage length: 1100

Lot

Size: 8.3 Acres
Dimensions: 683 x 800
Features: Accessible Shoreline, Many Trees
Residential vegetation: Heavily Wooded

Details

Additional structures: Bunkhouse
Foundation area: 1280
Parcel number: 20611107920
Other equipment: Fuel Tank-Rented

Construction

Type & style

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

Materials

Wood, Frame/Wood
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 2011

Utilities & green energy

Electric: Lake Country Power
Sewer: Mound Septic
Water: Drilled
Utilities for property: Satellite

Community & HOA

HOA

Has HOA: Yes
Services included: Other
HOA fee: $250 annually

Location

Region: Ely

Financial & listing details

Price per square foot: $382/sqft
Tax assessed value: $694,600
Annual tax amount: $4,148
Date on market: 2/9/2024
Cumulative days on market: 294 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
7/10/2024	Sold	$550,000-7.6%$382/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6112223 Report a problem
5/30/2024	Pending sale	$595,000$413/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6112223 Report a problem
2/9/2024	Listed for sale	$595,000-8.4%$413/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6112223 Report a problem
1/28/2024	Listing removed	--
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109725 Report a problem
7/31/2023	Listed for sale	$649,900$451/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109725 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,720 -5.1%	$694,600 -0.6%
2024	$3,920 -5.5%	$699,100 +1.2%
2023	$4,148 +17.9%	$690,600 +52.7%
2022	$3,518 +3.5%	$452,200
2021	$3,398 -14.3%	$452,200
2020	$3,965 +6.9%	$452,200 +4.2%
2018	$3,710 +3.4%	$433,900 -5.4%
2017	$3,588 +0.4%	$458,600 -0.4%
2016	$3,575 +0.8%	$460,400 -0.4%
2015	$3,548	$462,100
2014	$3,548 +18.2%	--
2013	$3,003 +24.9%	--
2012	$2,404	--
2011	--	--
2010	$2,167	--