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167 Sunset Rd, Ely, MN, 55731

$720,000

Home List Price

$8,550*

Closing Credit

3 Bedrooms
1 Full Bath
2,520 SqFt
$286/SqFt
House

Location

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167 Sunset Rd, Ely$720,000

Buyer Closing Credits

$8,550*

1.25% Loan Amount

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Property Highlights

ParkingNone
HeatingBaseboard, Wood, Electric
CoolingNone, Ceiling Fan(s)
WaterfrontLake
FireplaceFree Standing
ViewLake, Panoramic
MLS #6115626
Lot Size2.70 Acres
StatusActive
(INSPECTION CONT (MN))

About 167 Sunset Rd

Lovely and spacious 3 bedroom, 2 bath home on White Iron Lake. Located on Sunset Road, this gorgeous home can be used year around, or as your Ely vacation home! This quality built home is on approx. 2.7 acres of privacy and has approx. 235 feet of shoreline on the largest lake chain in the Ely area, that is 12 miles long! Great fishing and exploring and direct access to the BWCAW! The main floor has a large open concept living room, kitchen and dining area with vaulted pine ceilings and a nice wood stove. Also a fantastic 3 season porch that faces towards the lake that could be 4 season by adding a heater. Also, a full bath and 2 large bedrooms. The lower level has the 3rd bedroom, a 3/4 bath, a very comfortable family room, and a large, mostly finished, utility room that could be used for almost anything! There is a walkout door towards the lake. The home is cedar sided and has awesome log highlights on the front entry and rear deck. Also, a maintenance free metal roof. Nice easy path to the lake and a dock in the bay that faces northwest. Ready to go for your enjoyment!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Stories: 1
  • Living Area: 2,520 SqFt

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Jeff Hway

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Interior: Ceiling Fans, Natural Woodwork, Vaulted Ceilings
  • Fireplace: Free Standing

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • View: Lake, Panoramic

Parking Information:

  • Attached Garage: No
  • Parking: None

Virtual/3D Tour

  • 3D Tour: 167 Sunset Rd
3D Tour

Lot Features

Lot Information:

  • Lot: Some Trees
  • Lot Size: 2.70 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Wood, Electric
  • Cooling: None, Ceiling Fan(s)

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From Ely, travel east on Hwy 169 to Kawishiwi Trial. Turn right and follow to Sunset Road. Turn right and follow to the property address on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $720,000
  • Price Per SqFt: $286/SqFt

Tax Information:

  • Annual Amount: $38
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$296.7K

Med. Price/SqFt

$222

Avg. Days On Market

29

# of Sold Homes

14

167 Sunset Rd vs Ely

32 DAYS ON ROCKET

+3 Days

$720,000

+$423.2K More

$286/SqFt

+$64 More

KEY TAKEAWAY

This property is $423.2K more than the Median Sold Price and $64/SqFt more than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6115626

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Jeff Hway

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: 9/21/2024, 12:55:49 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
2021$38$440,500
2020$38$195,300
2018$3,945$369,400
2017$3,511$382,000

History based on county public records data.

Payment Calculator

$3,661

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,225

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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-211378
6
/10
  • Two Harbors Secondary School

  • 1640 Highway 2

  • 57.20 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 167 Sunset Rd

What is the listing price of this property?

The listing price of 167 Sunset Rd property is $720,000.

What type of property is this?

The property 167 Sunset Rd is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 167 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 167 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 $38 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 167 Sunset Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 167 Sunset Rd is 2,520 SqFt (source: MLS/tax record).

Rocket HomesMinnesotaSaint Louis CountyEly55731167 Sunset Rd

This home is located at 167 Sunset Rd in Ely, MN and zip code 55731. This 2,520 square foot home sits on a 2.70 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $720,000.

While more than 1 listings in Ely, MN in August 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 9 were sold below. In August 2024 in Ely, MN there were 11.4% more homes for sale than in July 2024. In August 2024 median list price was $296,750 and the average listing age was 29 days.

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

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