Adorable and Affordable Lake Vermilion Island getaway situated in a calm, quiet bay located minutes from Stuntz Bay landing. 100 feet of gorgeous pine studded shoreline. Furnished log cabin with hardwood floors, wood burning fireplace and loft. Enjoy the view from the spacious deck. Sauna at water's edge could easily be converted into a bunkhouse for additional sleeping area. Spend your days on the water boating to waterside restaurants, golf course with marina, or make your way to town via the East Two River with convenient docking. Don't miss out on this Ely Island hide-a-way on Lake Vermilion!
Sold for $181,000
$181,000
5466 S Ely Island, Tower, MN 55790
1beds
0baths
640sqft
Single Family Residence
Built in 1987
0.86 Acres Lot
$226,500 Zestimate®
$283/sqft
$1,350 Estimated rent
Home value
$226,500
$197,000 - $260,000
$1,350/mo
Zestimate® history
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$1,200/mo
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List your homeWhat's special
Golf courseSpacious deckWaterside restaurantsHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Sherry Anderson 218-753-8985,
Vermilion Land Office, Inc
Bought with:
Nonmember NONMEMBER
Nonmember Office
Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6108378
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Bedroom
- Description: Open Floor plan
- Level: Upper
- Area: 320 Square Feet
- Dimensions: 16 x 20
Living room
- Description: Includes kitchen; open floor plan
- Level: Main
- Area: 320 Square Feet
- Dimensions: 16 x 20
Heating
- Baseboard, Fireplace(s), Wood, Electric
Cooling
- None
Appliances
- Included: Microwave, Range, Refrigerator
Features
- Sauna
- Basement: N/A
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 640 sqft
- Finished area above ground: 640
- Finished area below ground: 0
Property
Parking
- Parking features: None, None
Features
- Patio & porch: Deck
- Exterior features: Dock
- Has view: Yes
- View description: Inland Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Shore-Accessible)
- Body of water: Vermilion
- Frontage length: 100
Lot
- Size: 0.86 Acres
- Dimensions: 100 x 400
- Features: Accessible Shoreline, Many Trees
- Residential vegetation: Heavily Wooded
Details
- Additional structures: Sauna
- Foundation area: 320
- Parcel number: 270002001447, 270002001441
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Log
- Property subtype: Single Family Residence
Materials
- Log, Log Home
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1987
Utilities & green energy
- Electric: Lake Country Power
- Sewer: None
- Water: None
Community & neighborhood
Location
- Region: Tower
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2023 | Sold | $181,000-2.2%$283/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6108378 Report a problem | ||
| 6/16/2023 | Pending sale | $185,000$289/sqft |
Source: Lake Superior Area Realtors as distributed by MLS GRID #6108378 Report a problem | ||
| 6/16/2023 | Contingent | $185,000$289/sqft |
Source: Range AOR #145094 Report a problem | ||
| 5/30/2023 | Listed for sale | $185,000-5.1%$289/sqft |
Source: Range AOR #145094 Report a problem | ||
| 9/16/2022 | Listing removed | -- |
Source: Range AOR #142350 Report a problem | ||
| 9/24/2021 | Listed for sale | $195,000$305/sqft |
Source: Range AOR #142350 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,056 -9.9% | $92,700 +1.8% |
| 2023 | $1,172 +1.7% | $91,100 |
| 2022 | $1,152 +10.3% | $91,100 +15.8% |
| 2021 | $1,044 | $78,700 +9.2% |
| 2020 | $1,044 | $72,100 |
| 2019 | $1,044 +18.9% | $72,100 +17% |
| 2018 | $878 -11.1% | $61,600 |
| 2017 | $988 +12.5% | $61,600 +4.2% |
| 2016 | $878 +9.5% | $59,100 +5.5% |
| 2015 | $802 -1% | $56,000 |
| 2014 | $810 +0.9% | $56,000 +5.5% |
| 2013 | $803 +7.6% | $53,100 +7.9% |
| 2012 | $746 -10.2% | $49,200 -24.5% |
| 2011 | $831 -3.7% | $65,200 -4.7% |
| 2010 | $862 | $68,400 |
| 2009 | $862 +6.4% | $68,400 +3.3% |
| 2008 | $811 +5.2% | $66,200 +14.9% |
| 2007 | $771 +19% | $57,600 +15% |
| 2006 | $648 -0.6% | $50,100 +32.2% |
| 2004 | $652 +4.4% | $37,900 +12.1% |
| 2003 | $624 +2.2% | $33,800 +10.1% |
| 2002 | $611 +12.6% | $30,700 +8.5% |
| 2001 | $542 +2.8% | $28,300 +8.4% |
| 2000 | $528 | $26,100 |
Find assessor info on the county website
Neighborhood: 55790
Nearby schools
GreatSchools rating
- 5/10Tower-Soudan Elementary SchoolGrades: PK-6Distance: 2.7 mi
- 6/10Northeast Range SecondaryGrades: 7-12Distance: 17.3 mi
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- Minnesota
- Saint Louis County
- Ely
- 55790
- 5466 S Ely Island
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