480 Kawishiwi Trl, Ely, MN, 55731

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

480 Kawishiwi Trl, Ely$325,000

Buyer Closing Credits

$3,859^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

ParkingDetached

Garage2 spaces

Year Built1952

HeatingBaseboard, Steam, Hot Water, Propane

CoolingDuctless

ViewPanoramic

MLS #6116016

Lot Size1.40 Acres

StatusActive
(ACTIVE)

About 480 Kawishiwi Trl

Great location with Farm Lake on one side and White Iron Lake on the other and down the Kawishiwi Trail. Beautiful landscape with towering Pines sitting on 1.4 +/- acres! This 2 bedroom home has received many upgrades over the past few years, new propane boiler with electric backup, air-conditioning, windows, patio door and beautiful 3/4 bath with walk in shower. The upstairs needs finishing but you can make it your own. Plumbing has been brought upstairs and new windows. Septic is sized for a 3 bedroom home. Feel good about steel siding , newer roof and gutters. Large 30 x40 garage with oversized doors, plenty of space and concrete floor. Large deck on the home to enjoy the outdoors. Convenient to area lakes, hiking trails, and all year round activities.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1952
• Stories: 1
• Living Area: 1,693 SqFt

Listing Office:

• Office Name: Keller Williams Classic Realty NW - Ely
• Listing Agent: Lori Schulze

Interior Features

Interior Information:

• Appliances: Dryer, Range, Refrigerator, Washer
• Interior: Foyer Entry, Patio Door

Bedroom and Bathroom Information:

• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: Panoramic
• Exterior: Deck

Parking Information:

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

Lot Features

Lot Information:

• Lot: Some Trees, Level
• Lot Size: 1.40 Acres

Utilities

Utilities Information:

• Heating: Baseboard, Steam, Hot Water, Propane
• Cooling: Ductless

Other

Directions Information:

• Directions: Follow Hwy 169 to Kawishiwi Trail past Silver Rapids Lodge, over the bridge to Fire # 480.

Price Information

Listing Price Info

Price Summary:

• List Price: $325,000
• Price Per SqFt: $192/SqFt

Tax Information:

• Annual Amount: $1,396
• Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

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

480 Kawishiwi Trl vs Ely

103 DAYS ON ROCKET

+35 Days

$325,000

+$126K More

$192/SqFt

+$47 More

KEY TAKEAWAY

This property is $126K more than the Median Sold Price and $47/SqFt more than other homes in Ely, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #6116016

Listing Office:

• Office Name: Keller Williams Classic Realty NW - Ely
• Listing Agent: Lori Schulze

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: 12/22/2024, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$1,396	$142,300
2020	$1,396	$138,000
2018	$1,383	$142,200
2017	$1,266	$139,700

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,690

Per Month

Principal & Interest

$1,623

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›480 Kawishiwi Trl

This home is located at 480 Kawishiwi Trl in Ely, MN and zip code 55731. This 1,693 square foot home, which was built in 1952, sits on a 1.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $325,000.

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, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $199,000.

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