3 months on rocket

TBD Fernberg Rd, Ely, MN, 55731

$79,900

10.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ViewOther
MLS #6114233
Lot Size10.00 Acres
StatusActive
(ACTIVE)

About TBD Fernberg Rd

Nicely wooded 10 acre parcel located approx. 8 miles east of Ely out the Fernberg Road! Mature tree cover of all the normal northwoods tree species. Mostly high ground with a small area of low ground in the NE corner and the SW corner, but otherwise all high ground! Property is surveyed, and has an easement for power from the powerline a few hundred feet away on the other side of the Fernberg Road. Property directly adjoins thousands of acres of County, State, and Federal lands to the south all the way to the BWCAW approx. 1.25 miles away. Great place for a year around home or up north getaway cabin!

Property Details

Property Features

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Jeff Hway

Exterior Features

Exterior Information:

  • View: Other

Lot Features

Lot Information:

  • Lot: Many Trees
  • Lot Size: 10.00 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From Ely, go east on Hwy. 169 which turns into County Road 18 (Fernberg Road). Parcel is approximately 8.5 miles east of Ely on the south side of the Fernberg Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $79,900
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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

TBD Fernberg Rd vs Ely

100 DAYS ON ROCKET

+71 Days

$79,900

-$216.8K Less

KEY TAKEAWAY

This property is $216.8K less than the Median Sold Price in Ely, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #6114233

Listing Office:

  • Office Name: Bear Island Realty LLC
  • Listing Agent: Jeff Hway

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

$466

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-219271
6
/10
  • Two Harbors Secondary School

  • 1640 Highway 2

  • 60.51 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. Typical income of Ely, MN residents is between $35k-100k annually. The most common type of family is 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 TBD Fernberg Rd

What is the listing price of this property?

The listing price of TBD Fernberg Rd property is $79,900.

What type of property is this?

The property TBD Fernberg Rd is land located in Ely, Minnesota, 55731.

Is this property for sale now?

Active Listing: TBD Fernberg 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 TBD Fernberg Rd are:
Two Harbors Secondary School: GreatSchools Rating 6/10

How much acreage is this property?

The property TBD Fernberg Rd is 10.00 acres.
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Rocket HomesMinnesotaSaint Louis CountyEly55731TBD Fernberg Rd

This home is located at TBD Fernberg Rd in Ely, MN and zip code 55731. This home sits on a 10.00 acre lot. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $79,900.

In August 2024, from all listings sold in Ely, MN there were more than 1 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. In August 2024 in Ely, MN there were 11.4% more homes for sale than in July 2024. Listings spent 29 days on the market in August 2024, and had a median list price of $296,750 during the same period.

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

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