1216 Minnesota Boulevard Ely, MN ^$ 359,000

1216 Minnesota Boulevard

^$ 359,000

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1216 Minnesota Boulevard

Ely, MN, 55731

^$ 359,000

Bedrooms2 Baths1.0 Sq 1,013

Monthly Estimate*

^$ 2,508

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Single Family Home for sale in Ely, MN

for $359,000 with 2 bedrooms and 1 full bath. This 1,013 square foot home was built in 1970 on a lot size of 2.

Welcome to your lakeside retreat: Located on highly sought-after Eagles Nest Lake 3 boasting 2 acres with 475' of shoreline. This charming furnished cabin is a stone's throw away from the crystal-clear water's edge. Enjoy beautiful lake views from the expansive deck. The 2 BR, 1 bath cabin embraces simple living with an open kitchen/dining/living room area. Spacious loft is perfect for guests. Vaulted ceiling, wood floors, main floor bath w/W&D. Improvements include new siding, decking, windows, and compliant septic. Level lot with a convenient circular driveway and ample parking space. Desirable Northern MN location between Tower and Ely. Don't miss out on this rare find!

Single Family Pending

Price

^$ 359,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,239

Style

Single Family Residence

Lot Size

Year Built

1970

Town/City

Ely

County/Region

Saint Louis

MLS | Web ID

6519564

Features

General

Sewer Private Sewer

Heating None

Cooling None

Roof Asphalt

Appliances Dryer Electric Water Heater Microwave Range Refrigerator Washer

HOA 0

Garage Spaces 0

Construction Materials Vinyl Siding

Year Built 1970

View Bay Lake

Levels One and One Half

Property SubType Single Family Residence

Tax Year 2024

Waterfront Features Lake Front

Accessibility None

County St. Louis

New Construction N

Property Type Residential

HOA / Comm Assn N

Contingency None

Directions Hwy 169 to Bearhead State Park Road to Walsh Road to Minnesota Blvd to FN.

City Ely

Buyer Agent Compensation 2.25

Body of Water Eagles Nest #3

High School District St. Louis County

Zoning Description Shoreline Residential-Single Family

Lot Size Square Feet 87120

Waterfront Y/N Y

Street Name Minnesota

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1239

Additional Parcels Y/N N

Days on Market 8

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block Full Unfinished Walkout

Total Fireplaces 0

Basement (Y/N) Y

Above Grade Finished Area 1013

Full Baths 1

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Boulevard

Total Bedrooms 2

Below Grade Finished Area 0

Room Type Living Room Dining Room Kitchen Bedroom 1 Bedroom 2

Total Baths 1

Bath Desc Main Floor Full Bath

Dining Room Description Informal Dining Room Kitchen/Dining Room Living/Dining Room

Foundation Dimensions 25x24

Fuel Electric

Garage Dimensions 0

Garage Square Feet 0

Lake Acres 1027

Waterfront Feet 475

Exterior

Parking Features Gravel

Lot Features Accessible Shoreline Irregular Lot Tree Coverage - Light

Water Source Lake Water

Lot Size Area 2

Lot Dimensions 624x387x302x475(Lake)

Lot Size Units Acres

Foundation Area 600

Road Frontage Type County Road

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1216

* Excluded Features

List By

Vermilion Land Office, Inc.

Broker

sherry@vermilionland.com

Affordability Calculator

$2,611

Per Month

Monthly Principal & Interest: $2,508
Monthly Property Taxes: $103
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Ely, MN

Average List Price ^$713,538

Percent of Sale Price 99%

About Ely, MN

3,601 Population

-3% Since 2002

^$35,741 Median Income

44.39 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708317 Elementary School

708533 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$359,000		Listed Price

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1216 Minnesota Boulevard, Ely, MN, 55731 is a Single Family Home for sale at $359,000 with 1,013 sqft and a lot size of 2. 1216 Minnesota Boulevard has 2 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 55731 which is in Ely, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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1216 Minnesota Boulevard

Single Family Home for sale in Ely, MN

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