Sold for $265,000

$265,000

480 Kawishiwi Tr, Ely, MN 55731

3beds

1,693sqft

Single Family Residence

Built in 1952

1.4 Acres Lot

$276,700 Zestimate^®

$157/sqft

$2,118 Estimated rent

Home value

$276,700

$238,000 - $315,000

$2,118/mo

Zestimate^® history

Owner options

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$2,118/mo

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$2,118/mo

Rent Zestimate^®

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$1,606/mo

Est. payment

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$1,606/mo

Est. payment

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What's special

Large deckPatio door

Great location with Farm Lake on one side and White Iron Lake on the other and down the Kawishiwi Trail. Beautiful landscape with towering Pines sitting on 1.4 +/- acres! This 2 bedroom home has received many upgrades over the past few years, new propane boiler with electric backup, air-conditioning, windows, patio door and beautiful 3/4 bath with walk in shower. The upstairs needs finishing but you can make it your own. Plumbing has been brought upstairs and new windows. Septic is sized for a 3 bedroom home. Feel good about steel siding , newer roof and gutters. Large 30 x40 garage with oversized doors, plenty of space and concrete floor. Large deck on the home to enjoy the outdoors. Convenient to area lakes, hiking trails, and all year round activities.

Facts & features

Interior

Bedrooms & bathrooms

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

Rooms

Room types: Entry

Bedroom

Level: Main
Area: 120.75 Square Feet
Dimensions: 11.5 x 10.5

Bedroom

Level: Main
Area: 109.25 Square Feet
Dimensions: 9.5 x 11.5

Bedroom

Description: Great space to make it your own
Level: Upper
Area: 493 Square Feet
Dimensions: 17 x 29

Bathroom

Level: Main
Area: 64 Square Feet
Dimensions: 8 x 8

Dining room

Description: Pine accent
Level: Main
Area: 250 Square Feet
Dimensions: 12.5 x 20

Entry hall

Level: Main

Kitchen

Description: Spacious Kitchen Plenty of cabinets
Level: Main
Area: 182 Square Feet
Dimensions: 14 x 13

Living room

Description: Carpet
Level: Main
Area: 288 Square Feet
Dimensions: 12 x 24

Heating

Baseboard, Boiler, Hot Water, Propane

Cooling

Ductless

Appliances

Included: Water Heater-Gas, Dryer, Range, Refrigerator, Washer

Features

Foyer-Entrance
Doors: Patio Door
Basement: Full,Unfinished,Bath,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
Has fireplace: No

Interior area

Total interior livable area: 1,693 sqft
Finished area above ground: 1,693
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Gravel, Detached, Electrical Service, Slab
Garage spaces: 2

Features

Patio & porch: Deck
Has view: Yes
View description: Panoramic

Lot

Size: 1.4 Acres
Features: Many Trees, High, Level
Residential vegetation: Heavily Wooded

Details

Additional structures: Storage Shed, Other
Parcel number: 28638307100/05010/05020/05030/05190/05200

Construction

Type & style

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

Materials

Steel Siding, Frame/Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1952

Utilities & green energy

Electric: Lake Country Power
Sewer: Mound Septic
Water: Drilled

Community & HOA

HOA

Has HOA: No

Location

Region: Ely

Financial & listing details

Price per square foot: $157/sqft
Tax assessed value: $275,600
Annual tax amount: $1,445
Date on market: 9/10/2024
Cumulative days on market: 324 days
Road surface type: Paved

Price history

Date	Event	Price
9/11/2025	Sold	$265,000-8.6%$157/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116016 Report a problem
7/31/2025	Pending sale	$289,900$171/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116016 Report a problem
7/24/2025	Price change	$289,900-3.3%$171/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116016 Report a problem
5/27/2025	Price change	$299,900-3.3%$177/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116016 Report a problem
4/3/2025	Price change	$310,000-4.6%$183/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116016 Report a problem
10/26/2024	Price change	$325,000-3%$192/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116016 Report a problem
9/10/2024	Listed for sale	$335,000$198/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6116016 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$991 -39.9%	$253,854 +9.9%
2024	$1,649 -9.4%	$230,964 -6.3%
2023	$1,821 +42.9%	$246,600 +78.7%
2022	$1,275 +1.1%	$138,000
2021	$1,261 +4.7%	$138,000
2020	$1,205 -12.9%	$138,000 -3%
2018	$1,383 +9.2%	$142,200 +1.8%
2017	$1,266 +892%	$139,700 +6.6%
2016	$128 -83.1%	$131,100 -1.1%
2015	$755	$132,600
2014	$755 +28.7%	--
2013	$587 +24.8%	--
2012	$470	--
2011	--	--
2010	$554	--