11 months on rocket

13848 Queens Bay Rd, Ely, MN, 55731

$330,000

Home List Price

$3,919*

Closing Credit

2 Bedrooms
0 Baths
400 SqFt
$825/SqFt
House
Schools Nearby

Location

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13848 Queens Bay Rd, Ely$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

ParkingNone
Year Built1950
HeatingOil
CoolingNone
WaterfrontLake
ViewLake, Panoramic
MLS #6108277
Lot Size5.00 Acres
StatusActive
(ACTIVE)

About 13848 Queens Bay Rd

Garden Lake log cabin situated on 5 acres with 215 feet of level lakeshore. The cabin was moved from Deer Ridge Resort and placed on a full block basement. This charming cabin has an open floor plan with a kitchen and living area. 2 bedrooms. Fuel oil space heater. New insulated roof in 2019. Possibilities for expanding the cabin or enough land to build a new home. The road is between the cabin and lakeshore. Private, quiet location. Access to White Iron, Farm, South Farm and the Kawishiwi River. BWCA access.

Property Details

Property Features

Property Information:

  • Architectural Style: Log
  • Year Built: 1950
  • Stories: 1
  • Living Area: 400 SqFt

Listing Office:

  • Office Name: Ely Realty
  • Listing Agent: Janet Erchul

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • View: Lake, Panoramic
  • Exterior: Dock

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Many Trees
  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Oil
  • Cooling: None

School Info

Assigned Schools Information:

  • Two Harbors Secondary School, Public District Grades 6-12

Other

Directions Information:

  • Directions: East of Ely on 169 to Fernberg Rd, follow to Queens Bay Road, right on Queens Bay, first house on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $825/SqFt

Tax Information:

  • Annual Amount: $1,551
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$236K

Med. Price/SqFt

$173

Avg. Days On Market

293

# of Sold Homes

2

13848 Queens Bay Rd vs Ely

338 DAYS ON ROCKET

+45 Days

$330,000

+$94K More

$825/SqFt

+$651 More

KEY TAKEAWAY

This property is $94K more than the Median Sold Price and $651/SqFt more than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6108277

Listing Office:

  • Office Name: Ely Realty
  • Listing Agent: Janet Erchul

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,551$156,500
2020$1,551$156,800
2018$1,815$157,000
2017$1,672$180,600

History based on county public records data.

Payment Calculator

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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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.

High School

school-card-donut-1885764
6
/10
  • Two Harbors Secondary School

  • 1640 Highway 2

  • 60.66 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,643. The majority of Ely, MN residents have income between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 13848 Queens Bay Rd

What is the listing price of this property?

The listing price of 13848 Queens Bay Rd property is $330,000.

What type of property is this?

The property 13848 Queens Bay Rd is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 13848 Queens Bay Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 13848 Queens Bay Rd are:
Two Harbors Secondary School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,551 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 13848 Queens Bay Rd has 2 bedrooms.

What is the square footage of this property?

The property 13848 Queens Bay Rd is 400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 13848 Queens Bay Rd is 1950.

Rocket HomesMinnesotaSaint Louis CountyEly5573113848 Queens Bay Rd

This home is located at 13848 Queens Bay Rd in Ely, MN and zip code 55731. This 400 square foot home, which was built in 1950, sits on a 5.00 acre lot. Features: 2 bedrooms. It has been listed on Rocket Homes since May 26, 2023 and is currently priced at $330,000.

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.

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