3297 NW Burntside Lk, Ely, MN, 55731

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

3297 NW Burntside Lk, Ely$898,500

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

ParkingNone

Year Built2010

HeatingFireplace(s), Wood, Electric

CoolingNone

WaterfrontLake

FireplaceWood Burning

ViewLake, Panoramic

MLS #6096588

Lot Size38.75 Acres

StatusActive
(ACTIVE)

About 3297 NW Burntside Lk

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!

View More

Property Details

Property Features

Property Information:

• Architectural Style: Log
• Year Built: 2010
• Stories: 1
• Living Area: 800 SqFt

Listing Office:

• Office Name: Janisch Realty Inc.
• Listing Agent: Lisa Janisch

Interior Features

Interior Information:

• Appliances: Refrigerator
• Interior: Hardwood Floors, Natural Woodwork, Vaulted Ceilings
• Fireplace: Wood Burning

Bedroom and Bathroom Information:

• Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

• Attached Garage: No
• Parking: None

Virtual/3D Tour

• 3D Tour: 3297 NW Burntside Lk

3D Tour

Lot Features

Lot Information:

• Lot: Irregular Lot, Some Trees, Underground Utilities
• Lot Size: 38.75 Acres

Utilities

Utilities Information:

• Heating: Fireplace(s), Wood, Electric
• 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

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Ely, MN

City

Med. Sold Price

$236K

Med. Price/SqFt

$173

Avg. Days On Market

293

# of Sold Homes

2

3297 NW Burntside Lk vs Ely

1085 DAYS ON ROCKET

+792 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 Number: #6096588

Listing Office:

• Office Name: Janisch Realty Inc.
• Listing Agent: Lisa Janisch

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: 4/26/2024, 11:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$4,552

Per Month

Principal & Interest

$4,485

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,760

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›3297 NW Burntside Lk

This home is located at 3297 NW Burntside Lk in Ely, MN and zip code 55731. This 800 square foot home, which was built in 2010, sits on a 38.75 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 08, 2021 and is currently priced at $898,500.

Ely, MN housing market in March 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 1 sold below. Between February 2024 and March 2024, Ely, MN real estate market has seen increase in the number of listings by 4.5%. 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.