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3547 Norway Ln, Ely, MN, 55731

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
1 Full Bath
1,400 SqFt
$356/SqFt
House

Location

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3547 Norway Ln, Ely$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built2019
HeatingFireplace(s), Radiant Floor
CoolingNone
FireplaceWood Burning
MLS #6641043
StatusActive

About 3547 Norway Ln

Step into the warmth of this stunning log home, perfectly designed for those seeking a peaceful escape. Log home tucked under the White Pines on Everett Lake outside of Ely MN. The open-floor concept blends the kitchen, dining, and living areas beautifully, making it the heart of the home. Picture yourself enjoying a morning coffee at the kitchen breakfast bar or cozying up by the wood-burning fireplace after a day outside. The home boasts in-floor heating, adding comfort to every season. A loft bedroom provides a private retreat, while two spacious main-floor bedrooms and a main-floor laundry offer convenience and practicality. Outdoor Paradise with waterfront access with 331 feet of shoreline, you'll have endless opportunities for kayaking, fishing, or simply soaking up the views. Spread out on your own peaceful 3+ acre lot surrounded by nature. Two-Car Garage includes a finished loft space perfect for an artist's studio, a home office, exercise room, or play area. This property is ideal for nature lovers and those seeking tranquility right outside their front door. Whether you're enjoying serene lake views, hosting friends for a cozy weekend, or creating your dream studio in the loft area the garage, the possibilities are endless.

Property Details

Property Features

Property Information:

  • Year Built: 2019
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: z'Up North Realty, Inc.

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Fireplace(s), Radiant Floor
  • Cooling: None

Other

Directions Information:

  • Directions: Echo Trail to Norway Lane to Fire number

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $356/SqFt

Tax Information:

  • Annual Amount: $3,816
  • 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

3547 Norway Ln vs Ely

1 DAY ON ROCKET

-67 Days

$499,000

+$300K More

$356/SqFt

+$211 More

KEY TAKEAWAY

This property is $300K more than the Median Sold Price and $211/SqFt more than other homes in Ely, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6641043

Listing Office:

  • Office Name: z'Up North Realty, Inc.

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Last updated on: 12/17/2024, 11:52:49 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$3,816$310,200
2019$3,574$300,878
2017$3,446$300,878

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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-4331978
7
/10
  • Washington Elementary School

  • 600 E Harvey St

  • 6.00 miles

  • Public District Grades PK-5

school-card-donut-4331979
4
/10
  • Babbit Elementary School

  • 30 South Dr

  • 18.75 miles

  • Public District Grades PK-6

school-card-donut-4331980
2
/10
  • Tower-Soudan Elementary School

  • 415 2nd St N

  • 20.37 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,298. The most common annual income of people living in Ely, MN is between $35k-100k. The most common type of family 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 3547 Norway Ln

What is the listing price of this property?

The listing price of 3547 Norway Ln property is $499,000.

What type of property is this?

The property 3547 Norway Ln is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 3547 Norway Ln 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 $3,816 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3547 Norway Ln has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3547 Norway Ln is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3547 Norway Ln is 2019.

Rocket HomesMinnesotaSaint Louis CountyEly557313547 Norway Ln

This home is located at 3547 Norway Ln in Ely, MN and zip code 55731. This 1,400 square foot home was built in 2019. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $499,000.

Over 0 listings were sold over their listed price in November 2024 in Ely, MN. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. Between October 2024 and November 2024, Ely, MN real estate market has seen decrease in the number of listings by 16.7%. Listings spent 68 days on the market in November 2024, and had a median list price of $199,000 during the same period.

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

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