2 months on rocket

1804 N Bay Rd, Ely, MN, 55731

$699,000

Home List Price

$8,301*

Closing Credit

3 Bedrooms
1 Full Bath
2,586 SqFt
$270/SqFt
House
Schools Nearby

Location

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1804 N Bay Rd, Ely$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

ParkingDetached
Garage6 spaces
Year Built1987
HeatingBaseboard, Fireplace(s), Forced Air, Wood, Propane
WaterfrontLake
FireplaceWood Burning
ViewLake, Panoramic
MLS #6112434
Lot Size3.10 Acres
StatusActive
(ACTIVE)

About 1804 N Bay Rd

Lovely 3 bedroom, 3 bath year around home on Birch Lake approx. 12 miles south of Ely! Awesome location on a gorgeous 3 acre point of land with great lake views on 3 sides! Approx. 3 acres and 675 feet of accessible user friendly shoreline including a sandy bottom area! The main floor of this classic lake home features: a large kitchen, a huge living/dining room with a wood burning brick fireplace, a stunning family room with vaulted ceilings that faces the lake, a master bedroom with master bath, a second bedroom, and a second bathroom. Also a main floor laundry. The lower level has a large rec-room, and 3 additional separate rooms that could be used as bedrooms if egress windows were added, or offices, or other. Unbelievable storage as there are 2 separate large garages here: one that has 4 stalls with a workshop area, and a wood burning stove, and another with 2 stalls! There is a sleeping room above the bigger garage, and an attached greenhouse. Other features include a large deck in front of the home, great sunsets, and nice end of the road privacy! The dock is located in a quiet bay out of the wind. Birch Lake is one of the area's premiere fishing lakes and is a massive 20 miles long, with much of its shoreline being undeveloped Superior National Forest lands!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1987
  • Stories: 1
  • Living Area: 2,586 SqFt

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Jeff Hway

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Interior: Vaulted Ceilings, Main Floor Laundry
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: No
  • Parking: Detached

Virtual/3D Tour

  • 3D Tour: 1804 N Bay Rd

3D Tour

Lot Features

Lot Information:

  • Lot: Some Trees
  • Lot Size: 3.10 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Fireplace(s), Forced Air, Wood, Propane

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From County Road 120, Take Birch Lake Road south for 4.2 miles to address. Driveway is gated.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $270/SqFt

Tax Information:

  • Annual Amount: $5,066
  • Tax Year: 2020
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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

1804 N Bay Rd vs Ely

60 DAYS ON ROCKET

-233 Days

$699,000

+$463K More

$270/SqFt

+$96 More

KEY TAKEAWAY

This property is $463K more than the Median Sold Price and $96/SqFt more than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6112434

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Jeff Hway

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: 4/29/2024, 2:25:19 PM 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
2020$5,066$442,500
2019$5,124$442,500
2017$5,392$472,300

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-3148163
5
/10
  • Babbitt Elementary School

  • 30 South Dr

  • 5.01 miles

  • Public District Grades PK-6

High School

school-card-donut-3148164
6
/10
  • Northeast Range Secondary School

  • 30 South Dr

  • 5.02 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,745. Most Ely, MN residents have annual incomes between $35k-100k. The majority of 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 1804 N Bay Rd

What is the listing price of this property?

The listing price of 1804 N Bay Rd property is $699,000.

What type of property is this?

The property 1804 N Bay Rd is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 1804 N 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 1804 N Bay Rd are:
Babbitt 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 $5,066 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1804 N Bay Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1804 N Bay Rd is 2,586 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1804 N Bay Rd is 1987.

Rocket HomesMinnesotaSaint Louis CountyEly557311804 N Bay Rd

This home is located at 1804 N Bay Rd in Ely, MN and zip code 55731. This 2,586 square foot home, which was built in 1987, sits on a 3.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $699,000.

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. Listings spent 293 days on the market in March 2024, and had a median list price of $236,000 during the same period.

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

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