2 months on rocket

444 Fernberg Rd Unit 6, Ely, MN, 55731

$270,000

Home List Price

$3,206*

Closing Credit

2 Bedrooms
1 Bath
870 SqFt
$310/SqFt
House

Location

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444 Fernberg Rd Unit 6, Ely$270,000

Buyer Closing Credits

$3,206*

1.25% Loan Amount

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Property Highlights

ParkingNone
Year Built1995
HeatingBaseboard, Propane, Electric
WaterfrontLake
MLS #6114688
Lot Size0.13 Acres
StatusActive
(INSPECTION CONT (MN))

About 444 Fernberg Rd Unit 6

This is an awesome 4 season cabin for you to use and rent with a beautiful view of Garden Lake from the lakeside deck and living area. In 2021 cabin was stained, new roof and new seamless gutter installed. Cabin comes completely furnished! 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Log
  • Year Built: 1995
  • Stories: 1
  • Living Area: 870 SqFt

Listing Office:

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

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.13 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: $270,000
  • Price Per SqFt: $310/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Annually
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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

444 Fernberg Rd Unit 6 vs Ely

80 DAYS ON ROCKET

+51 Days

$270,000

-$26.7K Less

$310/SqFt

+$88 More

KEY TAKEAWAY

This property is $26.7K less than the Median Sold Price and $88/SqFt more than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6114688

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.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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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.

High School

school-card-donut-215611
6
/10
  • Two Harbors Secondary School

  • 1640 Highway 2

  • 60.87 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. The most common annual income of people living in Ely, MN is between $35k-100k. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 444 Fernberg Rd Unit 6

What is the listing price of this property?

The listing price of 444 Fernberg Rd Unit 6 property is $270,000.

What type of property is this?

The property 444 Fernberg Rd Unit 6 is a house located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: 444 Fernberg Rd Unit 6 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 444 Fernberg Rd Unit 6 are:
Two Harbors Secondary School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 444 Fernberg Rd Unit 6 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 444 Fernberg Rd Unit 6 is 870 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 444 Fernberg Rd Unit 6 is 1995.

Rocket HomesMinnesotaSaint Louis CountyEly55731444 Fernberg Rd Unit 6

This home is located at 444 Fernberg Rd Unit 6 in Ely, MN and zip code 55731. This 870 square foot home, which was built in 1995, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $270,000.

Ely, MN housing market in August 2024 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 9 sold below. Between July 2024 and August 2024, Ely, MN real estate market has seen increase in the number of listings by 11.4%. 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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