2688 Bear Island River Rd, Ely, MN, 55731

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2688 Bear Island River Rd, Ely$94,500

Buyer Closing Credits

$1,122^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingDetached

Garage2 spaces

Year Built1974

HeatingForced Air, Propane

ViewPanoramic, Other

MLS #6117027

Lot Size1.00 Acres

StatusActive
(ACTIVE)

About 2688 Bear Island River Rd

Affordable Country living within a mile of the Bear Island Lake access landing. Beautiful setting with a compliant septic system, lake setting and no lakeshore taxes. Well-kept home on a nice corner lot. 3 Bedroom, 1 and a 1/2 bath with spacious additions. Dual decks on either side of the home with a 13 x 16 rec room that allows for extra living space. A 24 x 30 insulated garage with work area is nice in all seasons. An affordable Ely getaway with toy storage the year round.

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Property Details

Property Features

Property Information:

• Architectural Style: Single Wide
• Year Built: 1974
• Stories: 1
• Living Area: 1,260 SqFt

Listing Office:

• Office Name: Canoe Capital Realty, LLC
• Listing Agent: Jerry Fink

Interior Features

Interior Information:

• Interior: Panelled Walls

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: Panoramic, Other
• Exterior: Deck, Gutter/Downspout

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: No
• Parking: Detached

Lot Features

Lot Information:

• Lot: Corner Lot, Irregular Lot, Landscaped, Some Trees
• Lot Size: 1.00 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Propane

Other

Directions Information:

• Directions: South of Ely on Highway 21 approximately 6 miles to right on Bear Island River Road, 4.5 miles to 2688 bear Island River Road on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $94,500
• Price Per SqFt: $75/SqFt

Tax Information:

• Annual Amount: $528
• Tax Year: 2020

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Housing Market Comparison

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

Ely, MN

City

Med. Sold Price

$266K

Med. Price/SqFt

$222

Avg. Days On Market

93

# of Sold Homes

22

2688 Bear Island River Rd vs Ely

1 DAY ON ROCKET

-92 Days

$94,500

-$171.5K Less

$75/SqFt

-$147 Less

KEY TAKEAWAY

This property is $171.5K less than the Median Sold Price and $147/SqFt less than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #6117027

Listing Office:

• Office Name: Canoe Capital Realty, LLC
• Listing Agent: Jerry Fink

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, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$528	$43,200
2019	$502	$43,200
2017	$516	$45,300

History based on county public records data.

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NMLS#3030

**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›2688 Bear Island River Rd

This home is located at 2688 Bear Island River Rd in Ely, MN and zip code 55731. This 1,260 square foot home, which was built in 1974, sits on a 1.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $94,500.

Ely, MN housing market in October 2024 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 16 sold below. Between September 2024 and October 2024, Ely, MN real estate market has seen decrease in the number of listings by 4%. Listings spent 93 days on the market in October 2024, and had a median list price of $266,000 during the same period.

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