3945 Swanson Shores Rd, Ely, MN, 55731

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3945 Swanson Shores Rd, Ely$700,000

Buyer Closing Credits

$8,313^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingDetached

Garage2 spaces

Year Built1992

HeatingFireplace(s), Forced Air, Wood, Propane

WaterfrontLake

FireplaceWood Burning

MLS #6112724

Lot Size1.35 Acres

StatusActive
(INSPECTION CONT (MN))

About 3945 Swanson Shores Rd

Custom built Log home featuring a large wrap around deck with panoramic views of Eagles Nest Lake #3. A custom built log sauna with wood heat. Sauna, changing room and attached 3 season screened porch that overlooks the lake's bay. This home is exactly what you would expect and wish for; Natural log, wood floors, open vaulted beamed ceilings, loft with skylight to watch the moon & stars, bright spaces, massive rock fireplace built upon a full foundation with interior and exterior access. This is an ideal setting between the Lake and State forest across the road. Quiet, peaceful and ideally located between Tower and Ely makes this that perfect setting for creating memories of a life enjoyed.

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Property Details

Property Features

Property Information:

• Architectural Style: Log
• Year Built: 1992
• Stories: 1
• Living Area: 1,492 SqFt

Listing Office:

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

Interior Features

Interior Information:

• Fireplace: Wood Burning

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: Lake

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: No
• Parking: Detached

Lot Features

Lot Information:

• Lot Size: 1.35 Acres

Utilities

Utilities Information:

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

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 W from Ely, left on Bear Head State Park Rd, right on Walsh Rd, follow to Swanson Shores Rd and continue to home.

Price Information

Listing Price Info

Price Summary:

• List Price: $700,000
• Price Per SqFt: $469/SqFt

Tax Information:

• Annual Amount: $4,416
• Tax Year: 2020

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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

3945 Swanson Shores Rd vs Ely

39 DAYS ON ROCKET

-254 Days

$700,000

+$464K More

$469/SqFt

+$295 More

KEY TAKEAWAY

This property is $464K more than the Median Sold Price and $295/SqFt more than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #6112724

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: 4/27/2024, 3:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$4,416	$369,800
2019	$4,704	$386,700
2017	$4,396	$352,300

History based on county public records data.

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**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›3945 Swanson Shores Rd

This home is located at 3945 Swanson Shores Rd in Ely, MN and zip code 55731. This 1,492 square foot home, which was built in 1992, sits on a 1.35 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $700,000.

In March 2024 more than 0 listings in Ely, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below. The number of homes for sale 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.