14 days on rocket

Sale Pending

1216 Minnesota Blvd, Ely, MN, 55731

$359,000

Home List Price

$4,263*

Closing Credit

2 Bedrooms
1 Full Bath
1,013 SqFt
$354/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1216 Minnesota Blvd, Ely$359,000

Buyer Closing Credits

$4,263*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGravel
Year Built1970
HeatingNone
CoolingNone
BasementYes
WaterfrontLake Front
ViewBay, Lake
MLS #6519564
StatusSale Pending
(Pending)

About 1216 Minnesota Blvd

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!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Living Area: 1,013 SqFt

Listing Office:

  • Office Name: Vermilion Land Office, Inc.

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Bay, Lake

Parking Information:

  • Parking: Gravel

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Irregular Lot, Few Trees

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Northeast Range Secondary School, Public District Grades 7-12
  • Tower-Soudan Elementary School, Public District Grades PK-6

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,000
  • Price Per SqFt: $354/SqFt

Tax Information:

  • Annual Amount: $1,302
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Ely, MN.

Map thumbnail provided by MapBox

Ely, MN

City

Med. Sold Price

$236K

Med. Price/SqFt

$173

Avg. Days On Market

293

# of Sold Homes

2

1216 Minnesota Blvd vs Ely

14 DAYS ON ROCKET

-279 Days

$359,000

+$123K More

$354/SqFt

+$180 More

KEY TAKEAWAY

This property is $123K more than the Median Sold Price and $180/SqFt more than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6519564

Listing Office:

  • Office Name: Vermilion Land Office, Inc.

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 6:22:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 25, 2018Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,302$113,700
2019$1,812$153,200
2017$2,062$166,800

History based on county public records data.

Payment Calculator

$1,859

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,143

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3257038
5
/10

  • Tower-Soudan Elementary School

  • 415 North 2nd St

  • 7.82 miles

  • Public District Grades PK-6

High School

school-card-donut-3257039
6
/10

  • Northeast Range Secondary School

  • 30 South Dr

  • 10.18 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,340. Residents of Ely, MN typically earn between $35k-100k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1216 Minnesota Blvd

What is the listing price of this property?

The listing price of 1216 Minnesota Blvd property is $359,000.

What type of property is this?

The property 1216 Minnesota Blvd is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Sale Pending: 1216 Minnesota Blvd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1216 Minnesota Blvd are:
Tower-Soudan Elementary School: GreatSchools Rating 5/10
Northeast Range Secondary School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,302 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 25, 2018 for $125,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1216 Minnesota Blvd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1216 Minnesota Blvd is 1,013 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1216 Minnesota Blvd is 1970.

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›1216 Minnesota Blvd

This home is located at 1216 Minnesota Blvd in Ely, MN and zip code 55731. This 1,013 square foot home was built in 1970. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $359,000.

In March 2024, from all listings sold in Ely, MN there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. In March 2024 in Ely, MN there were 4.5% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $236,000, while the average time on the real estate market was 293 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources