Discover this hard-to-come by gem on Ely Lake, one of Northern MN most sought after quaint lakes. Conveniently located close to town w/access to local shops and dining. As you step inside, you'll be greeted by a warm and inviting living room with a cozy wood-burning FP & knotty pine walls. Step onto the large deck with amazing lake views, ideal for summer BBQ's and gatherings with family and friends. 2 bedrooms and 1 bath complete the main floor. The lower level walk-out offers an additional living room with wood-burning FP which opens to the kitchen and dining room. It leads directly to the beautiful landscaped yard and dock, where you can enjoy swimming, fishing and boating right from your back yard. Lower level bedroom is non-egress. Laundry room and additional bath included on lower level. There is a spacious 2 stall garage with workshop. This charming home on Ely Lake is a rare find! Don't miss this opportunity to enjoy lakeside living!
Sold for $479,900
$479,900
7389 Ely Lake Dr, Eveleth, MN 55734
3beds
2,400sqft
Single Family Residence
Built in 1955
0.7 Acres Lot
$556,600 Zestimate®
$200/sqft
$2,020 Estimated rent
Home value
$556,600
$523,000 - $601,000
$2,020/mo
Zestimate® history
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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#: 6114685
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Utility Room, Non-Conforming Bedroom
Bedroom
- Level: Main
- Area: 124.8 Square Feet
- Dimensions: 10.4 x 12
Bedroom
- Level: Main
- Area: 125.94 Square Feet
- Dimensions: 10.4 x 12.11
Bedroom
- Description: Non-egress window
- Level: Lower
- Area: 105 Square Feet
- Dimensions: 10 x 10.5
Dining room
- Description: Patio doors and lots of natural light
- Level: Lower
- Area: 218.55 Square Feet
- Dimensions: 14.1 x 15.5
Kitchen
- Level: Lower
- Area: 196 Square Feet
- Dimensions: 14 x 14
Living room
- Description: Wood-burning fireplace
- Level: Lower
- Area: 267.4 Square Feet
- Dimensions: 14 x 19.1
Living room
- Description: Wood-burning fireplace
- Level: Main
- Area: 419.25 Square Feet
- Dimensions: 12.9 x 32.5
Heating
- Baseboard, Fireplace(s), Propane
Cooling
- None
Appliances
- Included: Water Heater-Electric, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer
- Laundry: Dryer Hook-Ups, Washer Hookup
Features
- Natural Woodwork
- Doors: Patio Door
- Basement: Full,Finished,Walkout,Bath,Bedrooms,Fireplace,Kitchen,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Basement
Interior area
- Total interior livable area: 2,400 sqft
- Finished area above ground: 1,200
- Finished area below ground: 1,200
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Detached, Electrical Service
- Garage spaces: 2
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(Gravel, Sand, Shore-Accessible)
- Body of water: Ely
- Frontage length: 151
Lot
- Size: 0.7 Acres
- Dimensions: 251 x 151
- Features: Accessible Shoreline, Some Trees, Level
- Residential vegetation: Partially Wooded
Details
- Additional structures: Other
- Foundation area: 1200
- Parcel number: 340004000160
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stone, Vinyl, Wood, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1955
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Public Sewer
- Water: Private
Community & HOA
HOA
- Has HOA: No
Location
- Region: Eveleth
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $374,900
- Annual tax amount: $3,997
- Date on market: 7/2/2024
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2024 | Sold | $479,900-4%$200/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #6114685 Report a problem | ||
| 7/16/2024 | Contingent | $499,900$208/sqft |
Source: Range AOR #146995 Report a problem | ||
| 7/2/2024 | Listed for sale | $499,900$208/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6562824 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,082 -5.3% | $374,900 |
| 2023 | $4,312 +15.9% | $374,900 |
| 2022 | $3,720 +15.7% | $374,900 +26.7% |
| 2021 | $3,214 | $295,800 +10.9% |
| 2020 | $3,214 | $266,800 |
| 2019 | $3,214 +17.8% | $266,800 +1.4% |
| 2018 | $2,728 -2.4% | $263,200 |
| 2017 | $2,794 +2.4% | $263,200 +11.4% |
| 2016 | $2,728 +15% | $236,300 +4% |
| 2015 | $2,372 -5.3% | $227,200 |
| 2014 | $2,506 +1% | $227,200 |
| 2013 | $2,482 +5.3% | $227,200 +1.4% |
| 2012 | $2,357 +18.9% | $224,100 -6.5% |
| 2011 | $1,982 -12.7% | $239,800 -9.1% |
| 2010 | $2,271 | $263,800 |
| 2009 | $2,271 -13.7% | $263,800 -0.4% |
| 2008 | $2,630 +10.2% | $264,900 +13.8% |
| 2007 | $2,386 +14.5% | $232,800 +15% |
| 2006 | $2,084 +16.1% | $202,400 +32.3% |
| 2004 | $1,795 +7.6% | $153,000 +12% |
| 2003 | $1,668 +27.3% | $136,600 +10% |
| 2002 | $1,311 -5.4% | $124,200 +8.5% |
| 2001 | $1,386 -2% | $114,500 |
| 2000 | $1,414 | $114,500 |
Find assessor info on the county website
Neighborhood: 55734
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Nearby schools
GreatSchools rating
- 9/10Laurentian ElementaryGrades: PK-6Distance: 3 mi
- 5/10VIRGINIA HIGH SCHOOLGrades: 7-12Distance: 3.3 mi
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- Minnesota
- Saint Louis County
- Eveleth
- 55734
- 7389 Ely Lake Dr
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