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1804 N Bay Rd, Ely, MN, 55731

$649,000

Home List Price

$7,707*

Closing Credit

3 Bedrooms
2 Full Baths
2,920 SqFt
$222/SqFt
House

Location

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1804 N Bay Rd, Ely$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

ParkingDetached
Garage6 spaces
Year Built1987
HeatingFireplace(s), Forced Air, Wood, Propane
CoolingNone
WaterfrontLake
FireplaceWood Burning
MLS #6114723
Lot Size2.60 Acres
StatusActive
(ACTIVE)

About 1804 N Bay Rd

Nestled approximately 12 miles south of Ely, this 3BR/3BA Birch Lake home sits on a 2.6-acre point, offering unparalleled views of Birch Lake from three sides. With 675 feet of accessible, user-friendly shoreline, with sandy beach. Huge living/dining room with a cozy wood-burning brick fireplace, lakeside room with vaulted ceilings and panoramic lake views, en-suite primary bedroom, main floor laundry, knotty pine cabin feel throughout for full Up North Cabin feels. Lower level has a roomy rec room and two other rooms used as bedrooms (non-egress) but great for a library, den, exercise room, etc. Outdoor bliss with large front deck, firepit, dock in a quite bay (great fishing shhh) and end of the road privacy. You'll love the sites, sounds, and fresh forest smells of this hidden retreat. Don't miss out!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1987
  • Stories: 1
  • Living Area: 2,920 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior: Main Floor Laundry
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • Exterior: Deck, Patio

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 2.60 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Forced Air, Wood, Propane
  • Cooling: None

Other

Directions Information:

  • Directions: Cty Rd 120 to Birch Lake Rd, down to North Bay Homesites, continue straight to fire number

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $222/SqFt

Tax Information:

  • Annual Amount: $5,066
  • Tax Year: 2020
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Housing Market Comparison

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

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Ely, MN

City

Med. Sold Price

$266K

Med. Price/SqFt

$222

Avg. Days On Market

93

# of Sold Homes

22

1804 N Bay Rd vs Ely

136 DAYS ON ROCKET

+43 Days

$649,000

+$383K More

$222/SqFt

-$0 Less

KEY TAKEAWAY

This property is $383K more than the Median Sold Price and $0/SqFt less than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6114723

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: 11/17/2024, 11:20:50 PM 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$5,066$442,500
2019$5,124$442,500
2017$5,392$472,300

History based on county public records data.

Payment Calculator

$3,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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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.

Nearby Schools

school-card-donut-573116
4
/10

  • Babbit Elementary School

  • 30 South Dr

  • 5.01 miles

  • Public District Grades PK-6

school-card-donut-573117
7
/10

  • Washington Elementary School

  • 600 E Harvey St

  • 9.89 miles

  • Public District Grades PK-5

school-card-donut-573118
2
/10

  • Tower-Soudan Elementary School

  • 415 2nd St N

  • 18.95 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,745. Residents of Ely, MN typically earn between $35k-100k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1804 N Bay Rd

What is the listing price of this property?

The listing price of 1804 N Bay Rd property is $649,000.

What type of property is this?

The property 1804 N Bay Rd is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 1804 N Bay 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 $5,066 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1804 N Bay Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1804 N Bay Rd is 2,920 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1804 N Bay Rd is 1987.

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›1804 N Bay Rd

This home is located at 1804 N Bay Rd in Ely, MN and zip code 55731. This 2,920 square foot home, which was built in 1987, sits on a 2.60 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 04, 2024 and is currently priced at $649,000.

While more than 3 listings in Ely, MN in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 16 were sold below. Between September 2024 and October 2024, Ely, MN real estate market has seen decrease in the number of listings by 4%. In October 2024, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $266,000.

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

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