444 Fernberg Rd Unit 9, Ely, MN, 55731

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444 Fernberg Rd Unit 9, Ely$270,000

Buyer Closing Credits

$3,206^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingNone

Year Built1995

HeatingBaseboard, Propane, Electric

WaterfrontLake

MLS #6114818

Lot Size0.06 Acres

StatusActive
(ACTIVE)

About 444 Fernberg Rd Unit 9

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 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.

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Property Details

Property Features

Property Information:

• Architectural Style: Log
• Year Built: 1995
• Stories: 1
• Living Area: 871 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: 0.06 Acres

Utilities

Utilities Information:

• Heating: Baseboard, Propane, Electric

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.

Ely, MN

City

Med. Sold Price

$199K

Med. Price/SqFt

$145

Avg. Days On Market

68

# of Sold Homes

8

444 Fernberg Rd Unit 9 vs Ely

164 DAYS ON ROCKET

+96 Days

$270,000

+$71K More

$310/SqFt

+$165 More

KEY TAKEAWAY

This property is $71K more than the Median Sold Price and $165/SqFt more than other homes in Ely, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #6114818

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: 12/23/2024, 1:20:54 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

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**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›444 Fernberg Rd Unit 9

This home is located at 444 Fernberg Rd Unit 9 in Ely, MN and zip code 55731. This 871 square foot home, which was built in 1995, sits on a 0.06 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $270,000.

While more than 0 listings in Ely, MN in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. The inventory of homes for sale in Ely, MN between October 2024 and November 2024 decreased by 16.7%. In November 2024 median list price was $199,000 and the average listing age was 68 days.

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