Closed

$950,000

5312 Mud Creek Rd, Ely, MN 55731

3beds

2,500sqft

Single Family Residence

Built in 1979

4.25 Acres Lot

$1,077,400 Zestimate^®

$380/sqft

$2,373 Estimated rent

Home value

$1,077,400

$1.00M - $1.16M

$2,373/mo

Zestimate^® history

Owner options

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$2,373/mo

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$2,373/mo

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$6,034/mo

Est. payment

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$6,034/mo

Est. payment

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What's special

125 FT NATURAL SUGAR SAND BEACH on park-like point at this 3BR-1.5 BA year-round home on 4.25 acres on pristine east end of Lake Vermilion. 425 ft of S and W shorelines and island studded views, 4+ stall 36 X 48 heated/AC garage, towering pines, rock outcroppings, great hunting, & walleye, bass and muskie off your docks. A scenic overlook, private boat launch, boat lift. The sunny home has steel beam, 2 X 6 construction, new two-stage high efficiency Bryant Evolution gas furnace, 5-ton air to air heat pump, UV lights w electronic air cleaner, cathedral ceilings, custom light aspen T-n-G, SS 36" Wolf Duel-Fuel range and custom Sub-Zero fridge/freezer, granite island, huge bay windows, fireplace in MB, tons of space and high ceilings in LL, cheerful perennials, drilled well, Hot Springs hot tub, heated floors in entryway and BA. 1/2 mi to Boundary Waters, snowmobile and bike trails, 30 minutes to Tower or Ely. First-time listing. Enjoy your prime spot on Lake Vermilion.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: Main
Area: 228 Square Feet
Dimensions: 19x12

Bedroom 2

Level: Main
Area: 132 Square Feet
Dimensions: 12x11

Bedroom 3

Level: Main
Area: 121 Square Feet
Dimensions: 11x11

Dining room

Level: Main
Area: 224 Square Feet
Dimensions: 14x16

Kitchen

Level: Main
Area: 320 Square Feet
Dimensions: 16x20

Living room

Level: Main
Area: 720 Square Feet
Dimensions: 20x36

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Features

Basement: Block,Partial,Concrete,Walk-Out Access
Number of fireplaces: 1
Fireplace features: Gas, Primary Bedroom

Interior area

Total structure area: 2,500
Total interior livable area: 2,500 sqft
Finished area above ground: 2,500
Finished area below ground: 0

Property

Parking

Total spaces: 4
Parking features: Detached Garage, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking
Garage spaces: 4
Has uncovered spaces: Yes
Details: Garage Dimensions (36x48), Garage Door Height (8)

Accessibility

Accessibility features: Doors 36"+

Features

Levels: One
Stories: 1
Fencing: Partial
Has view: Yes
View description: Bay, South, West
Has water view: Yes
Water view: Bay
Waterfront features: Lake Front, Lake Bottom(Excellent Sand)
Frontage length: Water Frontage: 425

Lot

Size: 4.25 Acres
Dimensions: 900 x 250
Features: Irregular Lot, Tree Coverage - Medium

Details

Foundation area: 1142
Parcel number: 665006000030
Zoning description: Shoreline,Residential-Single Family
Other equipment: Fuel Tank - Rented

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Brick, Concrete, Frame, Steel Siding
Roof: Metal

Condition

New construction: No
Year built: 1979

Utilities & green energy

Electric: 200+ Amp Service, Power Company: Lake Country Power
Gas: Propane
Sewer: Mound Septic, Private Sewer
Water: Private, Well

Community & HOA

Community

Subdivision: Stoddards Vermilion Lake Lt 63 15

HOA

Has HOA: No

Location

Region: Ely

Financial & listing details

Price per square foot: $380/sqft
Tax assessed value: $689,500
Annual tax amount: $6,410
Date on market: 7/6/2023
Cumulative days on market: 49 days

Price history

Date	Event	Price
9/28/2023	Sold	$950,000-13.6%$380/sqft
Source: NorthstarMLS as distributed by MLS GRID #6397516 Report a problem
8/24/2023	Pending sale	$1,100,000$440/sqft
Source: NorthstarMLS as distributed by MLS GRID #6397516 Report a problem
7/6/2023	Listed for sale	$1,100,000$440/sqft
Source: NorthstarMLS as distributed by MLS GRID #6397516 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,372 -0.6%	$689,500 +7.9%
2023	$6,410 0%	$639,200 +4.8%
2022	$6,412 -0.4%	$610,100 +9.3%
2021	$6,436	$558,400 +1.3%
2020	$6,436	$551,300
2019	$6,436 +14.1%	$551,300 +10.4%
2018	$5,642 -5.2%	$499,300
2017	$5,952 +5.5%	$499,300
2016	$5,642 -0.6%	$499,300 -8.8%
2015	$5,678 -0.4%	$547,700
2014	$5,702 -3.7%	$547,700
2013	$5,920 +13.2%	$547,700 +5.8%
2012	$5,231 -9.7%	$517,600 -17.9%
2011	$5,794 +1.9%	$630,300
2010	$5,689	$630,300
2009	$5,689 +59.3%	$630,300 +28.8%
2008	$3,572 +9.4%	$489,500 +16.5%
2007	$3,266 +35.3%	$420,200 +30.8%
2006	$2,414 +89.6%	$321,300 +84.4%
2004	$1,273 +8.8%	$174,200 +12%
2003	$1,170 +11.5%	$155,500 +11.8%
2002	$1,049 -20.3%	$139,100 +8.5%
2001	$1,317 +8.4%	$128,200 +8.5%
2000	$1,215	$118,200