2 months on rocket

1340 Hidden Valley Rd, Ely, MN, 55731

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
1 Full Bath
3,024 SqFt
$116/SqFt
House

Location

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1340 Hidden Valley Rd, Ely$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

ParkingDetached, Multiple
Garage6 spaces
Year Built1966
HeatingHot Water, Oil
CoolingNone
MLS #6116415
Lot Size2.00 Acres
StatusActive
(ACTIVE)

About 1340 Hidden Valley Rd

Tucked away amidst two acres of forested land lies a property like no other—a sanctuary for nature enthusiasts and privacy seekers alike. Enjoy 3,024 sq ft of inviting space, thoughtfully designed to blend comfort and functionality. The 36x40 pole building and 16x24 garage provide ample storage and workspace for all your hobbies and projects. Relish the charm of hardwood floors throughout and a great room crafted in knotty pine, perfect for cozy gatherings. With 3 bedrooms, 3 bathrooms, and a versatile office space, there’s room for everyone to live and thrive. A large handicap-accessible bathroom on the main floor ensures accessibility for all. Multiple outbuildings complement this stunning setting, providing options galore for outdoor activities. Discover peace and serenity in a secluded, beautiful location just outside Ely—where rural living meets modern convenience.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1966
  • Stories: 1
  • Living Area: 3,024 SqFt

Listing Office:

  • Office Name: Z' Up North Realty
  • Listing Agent: Andrea Zupancich

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior: Eat-In Kitchen, Hardwood Floors, Drywalls

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: No
  • Parking: Detached, Multiple

Lot Features

Lot Information:

  • Lot: Some Trees, Level, Rolling/Hilly
  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Oil
  • Cooling: None

Other

Directions Information:

  • Directions: Hwy 169 NE out of Ely to Hidden Valley Rd - right to firenumber

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $2,030
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$199K

Med. Price/SqFt

$145

Avg. Days On Market

68

# of Sold Homes

8

1340 Hidden Valley Rd vs Ely

78 DAYS ON ROCKET

+10 Days

$350,000

+$151K More

$116/SqFt

-$29 Less

KEY TAKEAWAY

This property is $151K more than the Median Sold Price and $29/SqFt less than other homes in Ely, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #6116415

Listing Office:

  • Office Name: Z' Up North Realty
  • Listing Agent: Andrea Zupancich

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: 12/22/2024, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,030$200,700
2019$1,858$181,523
2017$1,608$165,064

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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.

Nearby Schools

school-card-donut-863883
7
/10
  • Washington Elementary School

  • 600 E Harvey St

  • 1.68 miles

  • Public District Grades PK-5

school-card-donut-863884
4
/10
  • Babbit Elementary School

  • 30 South Dr

  • 14.78 miles

  • Public District Grades PK-6

school-card-donut-863885
2
/10
  • Tower-Soudan Elementary School

  • 415 2nd St N

  • 21.91 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,795. Typical income of Ely, MN residents is between $35k-100k annually. The majority of 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 1340 Hidden Valley Rd

What is the listing price of this property?

The listing price of 1340 Hidden Valley Rd property is $350,000.

What type of property is this?

The property 1340 Hidden Valley Rd is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 1340 Hidden Valley Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,030 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1340 Hidden Valley Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1340 Hidden Valley Rd is 3,024 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1340 Hidden Valley Rd is 1966.

Rocket HomesMinnesotaSaint Louis CountyEly557311340 Hidden Valley Rd

This home is located at 1340 Hidden Valley Rd in Ely, MN and zip code 55731. This 3,024 square foot home, which was built in 1966, sits on a 2.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $350,000.

In November 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 7 were sold below. The number of homes for sale in Ely, MN decreased by 16.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $199,000, while the average time on the real estate market was 68 days.

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

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