As you drive into this property, amidst the towering pine forest, you'll enter in to 38.94 acres of privacy, land, and shoreline on Elliot Lake, just outside of Eveleth and Fayal Township. Sitting on a whopping 2458 ft of shoreline on the lake, a small creek naturally divides the acres with 12.34 on the northern part and 14+ on the southwestern part and about 11+ acres of lower lands in between making a nice buffer (and home to some monstrous deer). Sauna sitting right at the water's edge, you can't get this close anymore. There are a couple of storage buildings and a woodshed. Keep it all for yourself or split in half and sell the other portion! Original 1 br cabin which has a beautiful hand placed fieldstone fireplace offers a beautiful building spot and view in the future. Great spot for a hunting shack, future cabin, RV spot, whatever you desire, and priced below its tax value. Elliot lake is a 372-acre lake filled with crappies, bluegill, sunfish, bass, walleye and more!
Property Details
Property Features
Listing Office:
Office Name: Z' Up North Realty
Listing Agent: Andrea Zupancich
Exterior Features
Exterior Information:
Waterfront: Lake
View: Lake
Lot Features
Lot Information:
Lot: Level, See Remarks
Lot Size: 38.94 Acres
School Info
Assigned Schools Information:
South Ridge Secondary School, Public District Grades 7-12
South Ridge Elementary School, Public District Grades PK-6
Other
Directions Information:
Directions: 53 S to Central Lakes Road, go East to Elliot's Lake Road, North to Jola Road, go left to fire number. Driveway to Cabin (no Value) is on the lower portion (14.3 acres) northern portion is 12.3 acres. creek naturally divides.
Price Information
Listing Price Info
Price Summary:
List Price: $385,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Eveleth, MN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,989
Per Month
Principal & Interest
$1,922
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,221
Powered By
Advertisement
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.
Elementary School
5
/10
South Ridge Elementary School
8162 Swan Lake Rd
Distance between this listing and this school24.24 miles
Public District Grades PK-6
High School
4
/10
South Ridge Secondary School
8162 Swan Lake Rd
Distance between this listing and this school24.24 miles
Public District Grades 7-12
Assigned Schools
5
/10
South Ridge Elementary School
8162 Swan Lake Rd
Distance between this listing and this school24.24 miles
Public District Grades PK-6
Nearby Schools
6
/10
Franklin Elementary School
602 Fayal Rd
Distance between this listing and this school11.54 miles
Public District Grades PK-4
4
/10
Cherry Elementary School
3943 Tamminen Rd
Distance between this listing and this school14.36 miles
Public District Grades PK-6
Nearby Schools
4
/10
Eveleth-Gilbert Junior High School
Summit St
Distance between this listing and this school12.59 miles
Public District Grades 7-8
4
/10
Nelle Shean Elementary School
Summit St
Distance between this listing and this school12.59 miles
Public District Grades 5-6
4
/10
Chisholm Elementary School
300 3rd Ave SW
Distance between this listing and this school24.36 miles
Public District Grades 4-6
Assigned Schools
4
/10
South Ridge Secondary School
8162 Swan Lake Rd
Distance between this listing and this school24.24 miles
Public District Grades 7-12
Nearby Schools
6
/10
Eveleth-Gilbert Senior High School
801 Jones St
Distance between this listing and this school11.72 miles
Public District Grades 9-12
2
/10
East Range Academy of Tech-Science
2000 Siegel Blvd
Distance between this listing and this school12.58 miles
The neighbors living near this home have an average income of $40,305. Most Eveleth, MN residents have annual incomes less than $35k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7139 Jola Rd
What is the listing price of this property?
The listing price of 7139 Jola Rd property is $385,000.
What type of property is this?
The property 7139 Jola Rd is land located in Eveleth, Minnesota, 55734.
Is this property for sale now?
Active Listing: 7139 Jola Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7139 Jola Rd are: South Ridge Elementary School: GreatSchools Rating 5/10South Ridge Secondary School: GreatSchools Rating 4/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7139 Jola Rd in Eveleth, MN and zip code 55734. This home sits on a 38.94 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $385,000.
Eveleth, MN housing market in October 2024 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 2 sold below. The number of homes for sale in Eveleth, MN decreased by 8.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $255,899, while the average time on the real estate market was 55 days.
From Rocket Homes Real Estate and based on county public records data.
NASCAR
NASCAR
Hunting
Figure Skating
Bass Pro Shops
Academy Sports & Outdoors
Wal-Mart
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
New Country
Oldies