444 Fernberg Rd, Ely, MN, 55731

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444 Fernberg Rd, Ely$305,000

Buyer Closing Credits

$3,622^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingNone

Year Built1992

HeatingBaseboard, Propane, Electric

WaterfrontLake

MLS #6114813

Lot Size0.07 Acres

StatusActive
(INSPECTION CONT (MN))

About 444 Fernberg Rd

This is an awesome 4 season cabin for you to use and rent with a beautiful view of Garden Lake from the lakeside deck, living area as well as the upstairs lakeside bedroom. In 2021 cabin was stained, new roof and new seamless gutter installed. Prior to closing deck will be freshly stained and new hot water tank. There is professional maintenance and property management to take care of the unit for you and renters. Taxes are very low due to the shared shoreline. A dock space is provided as well as access to all resort amenities. The White Iron Chain of lakes is well known for excellent fishing, recreation and access to the BWCAW. You must see this unit and the gorgeous setting.

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Property Details

Property Features

Property Information:

• Architectural Style: Log
• Year Built: 1992
• Stories: 2
• Living Area: 1,293 SqFt

Listing Office:

• Office Name: Canoe Capital Realty, LLC
• Listing Agent: Chad Davis

Interior Features

Bedroom and Bathroom Information:

• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: Lake

Parking Information:

• Attached Garage: No
• Parking: None

Lot Features

Lot Information:

• Lot Size: 0.07 Acres

Utilities

Utilities Information:

• Heating: Baseboard, Propane, Electric

School Info

Assigned Schools Information:

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

Other

Directions Information:

• Directions: From Ely head east on 169. 169 will turn into the Fernberg Rd. Just after the Garden Lake bridge turn right into property at the Deer Ridge Resort sign.

Price Information

Listing Price Info

Price Summary:

• List Price: $305,000
• Price Per SqFt: $236/SqFt

HOA Fees:

• Amount: $200
• Frequency: Annually

Tax Information:

• Annual Amount: $13,660
• 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

$296.7K

Med. Price/SqFt

$222

Avg. Days On Market

29

# of Sold Homes

14

444 Fernberg Rd vs Ely

72 DAYS ON ROCKET

+43 Days

$305,000

+$8.2K More

$236/SqFt

+$14 More

KEY TAKEAWAY

This property is $8.2K more than the Median Sold Price and $14/SqFt more than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #6114813

Listing Office:

• Office Name: Canoe Capital Realty, LLC
• Listing Agent: Chad Davis

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.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Feb 04, 2021	Feb 04, 2021Home Sold	$1,440,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	-	$1,256,800
2020	$13,660	$1,265,700
2018	$11,137	$1,280,200
2017	$9,282	$1,502,000

History based on county public records data.

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**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›444 Fernberg Rd

This home is located at 444 Fernberg Rd in Ely, MN and zip code 55731. This 1,293 square foot home, which was built in 1992, sits on a 0.07 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $305,000.

Over 1 listings were sold over their listed price in August 2024 in Ely, MN. In the same period over 9 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Ely, MN between July 2024 and August 2024 increased by 11.4%. The median list price of listings available in August 2024 was $296,750, while the average time on the real estate market was 29 days.

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