4 months on rocket

615 Kellys Lots, Fall Lake Twp, MN, 55731

$350,000

Home List Price

$4,156*

Closing Credit

1 Bedroom
1 Bath
777 SqFt
$450/SqFt
House

Location

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615 Kellys Lots, Ely$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built1972
HeatingBaseboard
CoolingNone
WaterfrontLake Front
FireplaceFree Standing, Wood Burning
MLS #6564043
StatusActive

About 615 Kellys Lots

Escape to your very own log home, nestled on the picturesque narrows of Garden Lake in Ely, MN. This charming property offers easy access to the stunning Chain of Lakes, including White Iron and Farm Lake. Imagine hopping into your boat from your brand-new dock to catch your limit of walleye—this is lakeside living at its finest. Trappers' cabin at the water's edge, perfect for an artist's studio, reading nook, or She Shed all on a deep lot with 157 feet of shoreline. Experience the timeless charm of Log Cabin living while surrounding yourself with the beauty of Minnesota's Lakes and forests. create lifelong memories with loved ones or simply need a tranquil escape from the hustle and bustle of everyday life, this lakeside retreat offers it all. Compliant septic, lake water system.

Property Details

Property Features

Property Information:

  • Year Built: 1972
  • Living Area: 777 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Refrigerator
  • Basement: No
  • Fireplace: Free Standing, Wood Burning

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Some Trees

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Hwy 169 to Kawishiwi Road. Go right to Voyageurs Road, go left to Kelly's Lots, go left to T, then go right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $450/SqFt
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Housing Market Comparison

See how this home compares to others in Ely, MN.

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Ely, MN

City

Med. Sold Price

$273K

Med. Price/SqFt

$242

Avg. Days On Market

97

# of Sold Homes

21

615 Kellys Lots vs Ely

125 DAYS ON ROCKET

+28 Days

$350,000

+$77K More

$450/SqFt

+$208 More

KEY TAKEAWAY

This property is $77K more than the Median Sold Price and $208/SqFt more than other homes in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6564043

Listing Office:

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

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Last updated on: 11/5/2024, 3:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-2003112
6
/10

  • Two Harbors Secondary School

  • 1640 Highway 2

  • 59.24 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,643. The majority of Ely, MN residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 615 Kellys Lots

What is the listing price of this property?

The listing price of 615 Kellys Lots property is $350,000.

What type of property is this?

The property 615 Kellys Lots is a house located in Fall Lake Twp, Minnesota, 55731.

Is this property for sale now?

Active Listing: 615 Kellys Lots is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 615 Kellys Lots are:
Two Harbors Secondary School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 615 Kellys Lots has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 615 Kellys Lots is 777 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 615 Kellys Lots is 1972.

Rocket Homes›Minnesota›Saint Louis County›Ely›55731›615 Kellys Lots

This home is located at 615 Kellys Lots in Fall Lake Twp, MN and zip code 55731. This 777 square foot home was built in 1972. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $350,000.

While more than 3 listings in Ely, MN in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 15 were sold below. The number of listings in Ely, MN decreased by 5.4% between September 2024 and October 2024. Listings spent 97 days on the market in October 2024, and had a median list price of $273,000 during the same period.

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

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