Take advantage of an affordable opportunity to own this unique Up North experience! Set on nearly 9 beautiful wooded acres with a Yurt suitable for year round use! A circle driveway, drilled well, and propane for heat and appliances are onsite. Electricity available at Sunset Road. Conveniently located close to town and the popular White Iron chain of lakes. A public water access, the Prospector ATV / Side by Side Trail and Taconite snowmobile trail system are all a short drive away!
Property Details
Property Features
Listing Office:
Office Name: Bear Island Realty LLC
Listing Agent: Connie Coughlin
Exterior Features
Exterior Information:
View: Other
Lot Features
Lot Information:
Lot: Irregular Lot, Many Trees
Lot Size: 8.77 Acres
School Info
Assigned Schools Information:
Two Harbors Secondary School, Public District Grades 6-12
Other
Directions Information:
Directions: East of Ely on Hwy 169 approximately 2.5 miles. Right on CR 16/Kawishiwi Trail for 3.2 miles. Right on Sunset Rd for 0.8 miles to Fire Number on left.
Price Information
Listing Price Info
Price Summary:
List Price: $145,000
What can I afford?
Understand what home price range makes sense for your budget.
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.
$791
Per Month
Principal & Interest
$724
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$501
Powered By
Advertisement
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
6
/10
Two Harbors Secondary School
1640 Highway 2
Distance between this listing and this school58.14 miles
Public District Grades 6-12
Nearby Schools
5
/10
Washington Elementary School
600 E Harvey St
Distance between this listing and this school4.79 miles
Public District Grades PK-5
5
/10
Babbitt Elementary School
30 South Dr
Distance between this listing and this school15.39 miles
Public District Grades PK-6
5
/10
Tower-Soudan Elementary School
415 North 2nd St
Distance between this listing and this school24.62 miles
Public District Grades PK-6
Nearby Schools
7
/10
Memorial Middle School
600 E Harvey St
Distance between this listing and this school4.79 miles
Public District Grades 6-8
Assigned Schools
6
/10
Two Harbors Secondary School
1640 Highway 2
Distance between this listing and this school58.14 miles
Public District Grades 6-12
Nearby Schools
8
/10
Memorial High School
600 E Harvey St
Distance between this listing and this school4.79 miles
Public District Grades 7-12
6
/10
Northeast Range Secondary School
30 South Dr
Distance between this listing and this school15.40 miles
The neighbors living near this home have an average income of $59,643. Residents of Ely, MN typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 420 Sunset Rd
What is the listing price of this property?
The listing price of 420 Sunset Rd property is $145,000.
What type of property is this?
The property 420 Sunset Rd is land located in Ely, Minnesota, 55731.
Is this property for sale now?
Active Listing: 420 Sunset 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 420 Sunset Rd are: Two Harbors Secondary School: GreatSchools Rating 6/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 420 Sunset Rd in Ely, MN and zip code 55731. This home sits on a 8.77 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $145,000.
Ely, MN housing market in April 2024 saw over 5 listings sold above listed price, more than 0 sold at listed price and over 6 sold below. In April 2024 in Ely, MN there were 33.3% more homes for sale than in March 2024. In April 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $223,500.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dollar General
Dick's Sporting Goods
Cracker Barrel
Applebees
Texas Roadhouse
Cadillac
Subaru
Oldsmobile
News/Talk/Information
Classic Country
New Country