"Prime lakeshore property on Ely Island! 310 feet of wooded shoreline plus over 5 acres adjacent to 40 acres of State of Minnesota land. North-facing for breathtaking views, with electricity nearby and a convenient lift-out dock already in place. Mature trees provide the perfect setting for your cabin dreams. Don't miss out on this opportunity for big water views and endless possibilities!"
Sold for $105,000
$105,000
5397 N Ely Island, Tower, MN 55790
--beds
--baths
5.36Acres
Unimproved Land
Built in ----
5.36 Acres Lot
$-- Zestimate®
$--/sqft
$1,320 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,320/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Barb Hegg 218-742-2369,
Vermilion Land Office, Inc
Bought with:
Barb Hegg, MN 20052250
Vermilion Land Office, Inc
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6117393
Facts & features
Property
Parking
- Parking features: None
Features
- Has view: Yes
- View description: Inland Lake, Bay
- Has water view: Yes
- Water view: Lake,Bay
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Undeveloped)
- Body of water: Vermilion
- Frontage length: 310
Lot
- Size: 5.36 Acres
- Dimensions: 814 x 305
- Features: Accessible Shoreline, Many Trees
- Residential vegetation: Heavily Wooded
Details
- Parcel number: 270002001409
Utilities & green energy
- Electric: Lake Country Power
Community & neighborhood
Location
- Region: Tower
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2025 | Listed for sale | $95,000-9.5% |
Source:  NorthstarMLS as distributed by MLS GRID #6732173 Report a problem | ||
| 5/30/2025 | Sold | $105,000-8.6% |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6117393 Report a problem | ||
| 5/7/2025 | Pending sale | $114,900 |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117393 Report a problem | ||
| 5/7/2025 | Contingent | $114,900 |
Source: Range AOR #147825 Report a problem | ||
| 1/3/2025 | Listed for sale | $114,900 |
Source: Range AOR #147825 Report a problem | ||
| 10/11/2024 | Listing removed | $114,900-3.8% |
Source: NorthstarMLS as distributed by MLS GRID #6534664 Report a problem | ||
| 9/8/2024 | Price change | $119,500-4% |
Source: Range AOR #146664 Report a problem | ||
| 8/8/2024 | Price change | $124,500-3.1% |
Source: Range AOR #146664 Report a problem | ||
| 6/10/2024 | Price change | $128,500-0.8% |
Source: Range AOR #146664 Report a problem | ||
| 5/10/2024 | Listed for sale | $129,500+56% |
Source: Range AOR #146664 Report a problem | ||
| 9/21/2021 | Sold | $83,000-41.5% |
Source: Public Record Report a problem | ||
| 1/6/2006 | Sold | $142,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $832 -4.6% | $100,600 +24.2% |
| 2023 | $872 +5.3% | $81,000 |
| 2022 | $828 -11% | $81,000 +20.7% |
| 2021 | $930 | $67,100 -11.1% |
| 2020 | $930 | $75,500 |
| 2019 | $930 +8.4% | $75,500 +6.2% |
| 2018 | $858 -5.1% | $71,100 |
| 2017 | $904 +5.4% | $71,100 |
| 2016 | $858 -2.7% | $71,100 +93.2% |
| 2015 | $882 -0.9% | $36,800 |
| 2014 | $890 +2.3% | $36,800 -49.5% |
| 2008 | $870 -5.2% | $72,800 +15% |
| 2007 | $918 +17.1% | $63,300 +15.1% |
| 2006 | $783 +63.2% | $55,000 +91% |
| 2004 | $480 +15.6% | $28,800 +24.1% |
| 2003 | $415 +18.5% | $23,200 +27.5% |
| 2002 | $351 +12.9% | $18,200 +8.3% |
| 2001 | $311 +4% | $16,800 +9.8% |
| 2000 | $299 | $15,300 |
Find assessor info on the county website
Neighborhood: 55790
Nearby schools
GreatSchools rating
- 5/10Tower-Soudan Elementary SchoolGrades: PK-6Distance: 3.5 mi
- 6/10Northeast Range SecondaryGrades: 7-12Distance: 17.5 mi
- Minnesota
- Saint Louis County
- Ely
- 55790
- 5397 N Ely Island
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