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Sold for $480,000
  • $480,000

    7199 Ely Lake Dr, Eveleth, MN 55734

    2beds
    1,415sqft
    Single Family Residence
    Built in 2011
    0.91 Acres Lot
    $556,100 Zestimate®
    $339/sqft
    $2,013 Estimated rent

    Home value

    $556,100

    $517,000 - $601,000

    $2,013/mo

    Zestimate® history
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    What's special

    Introducing an unparalleled opportunity to own a coveted home on the serene shores of Ely Lake. Offered for the first time, this custom-built home sits on almost an acre and with 101 feet of shoreline. Tucked under the beautiful pines, you'll find this stunning 2-bedroom, 2-bathroom custom home offering over 1,400 sq. ft. of luxurious living space. It blends modern amenities with timeless charm. Elegant and durable hardwood floors, vaulted ceilings with Black Ash tongue and groove add a touch of rustic elegance. Primary suite features a tiled walk-in shower and deep walk-in jetted tub. Dining room, kitchen, and living room are all open floor concept with views from every window. Airy loft also affords beautiful views year-round. In floor heat throughout. The gas fireplace is a focal point as you walk in and are mesmerized by the hand placed stones and the floor to ceiling built in bookcases. Not to mention the stunning views of the lake from every angle of the home. Sandy beach, dock and Northwest views. Attached heated garage, additional detached double garage, patio, anyone seeking a vacation or lakefront luxury home, this property is a rare find in a central location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea Zupancich 218-749-0159,

    Z' Up North Realty

    Bought with:

    Nonmember NONMEMBER

    Nonmember Office

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6114726MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Description: walk in closet, hardwood floors, master ensuite bath (l-shaped 11x4.6 and 6.4x5)
    • Level: Main
    • Area: 184.96 Square Feet
    • Dimensions: 13.6 x 13.6
    Bathroom
    • Description: off kitchen and garage adjacent to MF laundry
    • Level: Main
    • Area: 36 Square Feet
    • Dimensions: 6 x 6
    Dining room
    • Description: overlooking Ely lake
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 13 x 15
    Kitchen
    • Description: with island, display cabinets and granite counters
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 11 x 15
    Living room
    • Description: floor to ceiling bookcase, gas fireplace with hand placed stones
    • Level: Main
    • Area: 285 Square Feet
    • Dimensions: 19 x 15
    Loft
    • Level: Upper
    • Area: 240 Square Feet
    • Dimensions: 16 x 15
    Heating
    • Fireplace(s), In Floor Heat, Propane
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Washer
    • Laundry: Main Level
    Features
    • Kitchen Island, Natural Woodwork, Vaulted Ceiling(s)
    • Flooring: Hardwood Floors
    • Windows: Energy Windows, Wood Frames
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total interior livable area: 1,415 sqft
    • Finished area above ground: 1,415
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Asphalt, Attached, Detached, Multiple, Electrical Service, Heat, Insulation
    • Attached garage spaces: 3
    Features
    • Patio & porch: Patio
    • Exterior features: Dock
    • 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(Gravel, Sand, Elevation-Medium)
    • Body of water: Ely
    • Frontage length: 101
    Lot
    • Size: 0.91 Acres
    • Dimensions: 155 x 276
    • Features: Accessible Shoreline, Many Trees
    • Residential vegetation: Heavily Wooded
    Details
    • Foundation area: 1175
    • Parcel number: 340007000160

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Wood, Frame/Wood
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 2011

    Utilities & green energy

    • Electric: Minnesota Power
    • Sewer: Public Sewer
    • Water: Drilled

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Eveleth

    Financial & listing details

    • Price per square foot: $339/sqft
    • Tax assessed value: $404,600
    • Annual tax amount: $4,369
    • Date on market: 7/4/2024
    • Cumulative days on market: 11 days
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    9/30/2024Sold$480,000+6.9%$339/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6114726 Report a problem
    7/28/2024Pending sale$449,000$317/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6565468 Report a problem
    7/28/2024Listed for sale$449,000$317/sqft
    Source: Range AOR #147003 Report a problem
    7/16/2024Pending sale$449,000$317/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6114726 Report a problem
    7/16/2024Contingent$449,000$317/sqft
    Source: Range AOR #147003 Report a problem
    7/6/2024Listed for sale$449,000+136.3%$317/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6114726 Report a problem
    5/2/2011Sold$190,000$134/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,454 -5.3%$404,600
    2023$4,704 +19.4%$404,600
    2022$3,940 +1.5%$404,600 +30.3%
    2021$3,880 $310,600 +11.3%
    2020$3,880 $279,000
    2019$3,880 +15.3%$279,000 +1.5%
    2018$3,364 -2.2%$274,800
    2017$3,438 +2.2%$274,800 +14.4%
    2016$3,364 +15.6%$240,200 -2.5%
    2015$2,910 -19.6%$246,300
    2014$3,618 +50.2%$246,300 +35.3%
    2013$2,409 -3%$182,000 -6.6%
    2012$2,484 +15.5%$194,900 -8.5%
    2011$2,151 -10.6%$213,000 -9.1%
    2010$2,407 $234,300
    2009$2,407 -7.6%$234,300 +3.9%
    2008$2,606 +9.9%$225,500 +15%
    2007$2,371 +12%$196,100 +15%
    2006$2,116 +8.8%$170,500 +27.8%
    2004$1,945 +6%$133,400 +12%
    2003$1,834 +20.4%$119,100 +10%
    2002$1,522 -0.7%$108,300 +8.5%
    2001$1,534 +44.7%$99,800
    2000$1,060 $99,800
    Find assessor info on the county website

    Neighborhood: 55734

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