2 years on rocket

3297 Burntside Lk NW, Ely, MN, 55731

$898,500

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Bath
800 SqFt
$1,123/SqFt
House
Schools Nearby

Location

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3297 Burntside Lk NW, Ely$898,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built2010
HeatingBaseboard, Fireplace(s)
CoolingNone
BasementYes
WaterfrontLake Front
FireplaceLiving Room, Stone, Wood Burning
ViewOther, Lake, Panoramic
MLS #5754039
StatusActive

About 3297 Burntside Lk NW

Burntside Lake Handscribed Log Home In Private Bay At End Of Pristine Granite Fiord. Set on 1703 ft shoreline & 38.75 acres of park-like forest w/walking trails, surrounded on 3 sides by Federal forests at the edge of the BWCA. Huisman custom built 2010, 800 SF, 1B/1B home w/cedar shake roof & wrap deck. Open great rm w/wood burning firepl & wall of windows showcasing majestic panoramic views over lake & surrounding forest. Surveyed, drilled well, full septic system, fire suppression system, permanent electricity (no generator), dock. A spectacular retreat from the distractions of everyday life. Relax in the total peace & quiet of the forest & the extraordinary beauty of Burntside!

Property Details

Property Features

Property Information:

  • Year Built: 2010
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Janisch Realty, Inc

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Fireplace: Living Room, Stone, Wood Burning

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Other, Lake, Panoramic

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Irregular Lot, Some Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Baseboard, Fireplace(s)
  • Cooling: None

School Info

Assigned Schools Information:

  • Memorial High School, Public District Grades 7-12
  • Memorial Middle School, Public District Grades 6-8
  • Washington Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: By boat, W. from Van Vac Landing through narrows S. of Waters Is., proceed straight W., until mainland and follow mainland NW until mouth of bay.

Price Information

Listing Price Info

Price Summary:

  • List Price: $898,500
  • Price Per SqFt: $1,123/SqFt

Tax Information:

  • Annual Amount: $4,048
  • 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

3297 Burntside Lk NW vs Ely

1083 DAYS ON ROCKET

+790 Days

$898,500

+$662.5K More

$1,123/SqFt

+$949 More

KEY TAKEAWAY

This property is $662.5K more than the Median Sold Price and $949/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: #5754039

Listing Office:

  • Office Name: Janisch Realty, Inc

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Property Sales & Tax

Listing History

Dec 23, 2009Home Sold
$310,000
Dec 23, 2009Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,048$351,900
2019$3,838$351,900
2017$3,906$352,500

History based on county public records data.

Payment Calculator

$4,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,760

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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-441308
5
/10
  • Washington Elementary School

  • 600 E Harvey St

  • 8.22 miles

  • Public District Grades PK-5

Middle School

school-card-donut-441309
7
/10
  • Memorial Middle School

  • 600 E Harvey St

  • 8.22 miles

  • Public District Grades 6-8

High School

school-card-donut-441310
8
/10
  • Memorial High School

  • 600 E Harvey St

  • 8.22 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. The majority of Ely, MN residents have income between $35k-100k annually. 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 3297 Burntside Lk NW

What is the listing price of this property?

The listing price of 3297 Burntside Lk NW property is $898,500.

What type of property is this?

The property 3297 Burntside Lk NW is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 3297 Burntside Lk NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3297 Burntside Lk NW are:
Washington Elementary School: GreatSchools Rating 5/10
Memorial Middle School: GreatSchools Rating 7/10
Memorial High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,048 (source: MLS/based on county public records data).

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

The last sale was on December 23, 2009 for $310,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3297 Burntside Lk NW has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 3297 Burntside Lk NW is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3297 Burntside Lk NW is 2010.

Rocket HomesMinnesotaSaint Louis CountyEly557313297 Burntside Lk NW

This home is located at 3297 Burntside Lk NW in Ely, MN and zip code 55731. This 800 square foot home was built in 2010. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 08, 2021 and is currently priced at $898,500.

While more than 0 listings in Ely, MN in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The number of listings in Ely, MN increased by 4.5% between February 2024 and March 2024. In March 2024 median list price was $236,000 and the average listing age was 293 days.

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

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