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435 Sunset Rd, Ely, MN, 55731

$949,900

Home List Price

$10,000*

Closing Credit

4 Bedrooms
1 Full Bath
3,600 SqFt
$264/SqFt
House
Schools Nearby

Location

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435 Sunset Rd, Ely$949,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Gravel, Garage Door Opener
Attached Garage2 spaces
Year Built1996
HeatingHot Water, Radiant Floor
CoolingDuctless, Mini Split
BasementYes
WaterfrontDock, Lake Front, Lake
FireplaceFamily Room, Living Room, Wood Burning
ViewLake
MLS #6479361
StatusActive

About 435 Sunset Rd

This Stunning custom built 3600 sq ft ranch walk-out coveted White Iron Lake located just minutes to Ely/BWCA is situated on 1.10 acres and 215 ft of waterfront. The main floor features an open concept design with vaulted ceiling, floor to ceiling windows offering incredible lake views, and expansive deck perfect for entertaining. The kitchen has tons of cabinet space, stainless steel appliances and a large counter to gather around. Natural light filled spacious dining room and living room with wood burning FP. With the primary suite, private updated en-suite bath with soaking tub, walk-in shower, heated tile, an additional bedroom, bathroom and laundry room, main floor living is effortless. The walkout features a large office, media/rec room with another wood burning FP, 2 bedrooms, full bath and ample storage. The lakeshore has incredible views, new dock, potting shed, raised garden beds and apple trees. Attached 2 stall garage. New roof & gutters. Tranquil Northern MN awaits you!

Property Details

Property Features

Property Information:

  • Year Built: 1996
  • Living Area: 3,600 SqFt

Listing Office:

  • Office Name: Vermilion Land Office, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Family Room, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Dock, Lake Front, Lake
  • View: Lake

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Gravel, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Some Trees, Underground Utilities

Utilities

Utilities Information:

  • Heating: Hot Water, Radiant Floor
  • Cooling: Ductless, Mini Split

School Info

Assigned Schools Information:

  • Two Harbors Secondary School, Public District Grades 6-12

Other

Directions Information:

  • Directions: Hwy 169 East from Ely to Kawishiwi Trail. Follow past Silver Rapids Lodge to Sunset Road to Fire #435.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,900
  • Price Per SqFt: $264/SqFt

Tax Information:

  • Annual Amount: $4,033
  • Tax Year: 2021
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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

435 Sunset Rd vs Ely

95 DAYS ON ROCKET

-198 Days

$949,900

+$713.9K More

$264/SqFt

+$90 More

KEY TAKEAWAY

This property is $713.9K more than the Median Sold Price and $90/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: #6479361

Listing Office:

  • Office Name: Vermilion Land Office, Inc.

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,033$533,100
2020$4,033$395,700
2018$4,171$458,100
2017$3,548$469,200

History based on county public records data.

Payment Calculator

$4,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,914

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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.

High School

school-card-donut-1149486
6
/10
  • Two Harbors Secondary School

  • 1640 Highway 2

  • 58.22 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,643. Residents of Ely, MN typically earn between $35k-100k each year. The most common type of family is 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 435 Sunset Rd

What is the listing price of this property?

The listing price of 435 Sunset Rd property is $949,900.

What type of property is this?

The property 435 Sunset Rd is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 435 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 435 Sunset Rd are:
Two Harbors Secondary School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,033 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 435 Sunset Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 435 Sunset Rd is 3,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 435 Sunset Rd is 1996.

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›435 Sunset Rd

This home is located at 435 Sunset Rd in Ely, MN and zip code 55731. This 3,600 square foot home was built in 1996. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $949,900.

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. Between February 2024 and March 2024, Ely, MN real estate market has seen increase in the number of listings by 4.5%. While the average time on the market in March 2024 was 293 days, the median list price was $236,000.

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

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