2576 Grant McMahan Blvd, Ely, MN 55731
FOR SALE3.06 ACRES

2576 Grant McMahan Blvd
Ely, MN 55731

  • 3 Beds
  • 2 Baths
  • 1,360 sqft (on 3.06 acres)
  • 3 Beds
  • 2 Baths
  • 1,360 sqft (on 3.06 acres)

$274,950

Est. Mortgage $1,761/mo*
We estimate this home will sell faster than 86% nearby.

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Don't miss out on the chance to invest in the charming town of Ely, MN! This property is a perfect equity builder or investor special, offering a serence and tranquil setting that is sure to attract renters or potential buyers. With a spacious interior and a location within walking distance to the majestic Burntside Lake, this property is a picturesque backdrop for daily life. Take advantage of this unique opportunity to invest in a property where peace, space, and accessibility come together to offer a one-of-a-kind living experience in the beautiful town of Ely, MN.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$202
Listed
30 days ago

Home Details for 2576 Grant McMahan Blvd

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Block,Full,UnfinishedNumber of Rooms: 7Types of Rooms: Bedroom 2, Bedroom 3, Bathroom, Living Room, Dining Room, Bedroom 1
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1360 Square FeetFoundation Area: 1360
Heating & Cooling
Heating: Boiler,Radiant Floor,Space Heater,Wood StoveNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Boiler
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Propane, Wood
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: None
View
No View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageParking Spaces: 4Parking: Detached,Gravel,Asphalt,Electric
Pool
Pool: None
Water & Sewer
Sewer: Private Sewer, Septic System Compliant - No
Finished Area
Finished Area (above surface): 1360 Square Feet

Days on Market

Days on Market: 30

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Fiber BoardNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Age of Property: 71Parcel Number: 465004004106

Price & Status

Price
List Price: $274,950Price Per Sqft: $202

Location

Direction & Address
City: Morse TwpCommunity: Morse Town Of
School Information
High School District: Ely

Agent Information

Listing Agent
Listing ID: 6504427

Building

Building Area
Building Area: 1360 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 3.06 Acres

Offer

Contingencies: None

Compensation

Buyer Agency Commission: 2.7Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %Transaction Broker Commission: 0Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 6504427

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: about 8 hours ago
Listing courtesy of Joe Braman, (612) 670-3004
Coldwell Banker Realty
Anton Reuter, (612) 760-4062
Source: NorthStar MLS as distributed by MLS GRID, MLS#6504427

Price History for 2576 Grant McMahan Blvd

DatePriceEventSource
03/30/2024$274,950Listed For SaleNorthStar MLS as distributed by MLS GRID #6504427
11/15/2018$125,000Sold
N/A
11/13/2018$125,000PendingToActiveAgent Provided
09/12/2018$125,000PendingAgent Provided
06/08/2018$125,000Listed For SaleAgent Provided
03/26/2018$135,000ListingRemovedAgent Provided
01/03/2018$135,000Listed For SaleAgent Provided
12/02/2017$135,000ListingRemovedAgent Provided
06/19/2017$135,000PriceChange
Agent Provided
01/09/2017$145,900Listed For SaleAgent Provided
10/29/2016$148,500ListingRemovedAgent Provided
07/06/2016$148,500PriceChange
Agent Provided
11/11/2015$159,900Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2022
Tax$1,616
Assessment$156,100
Home facts updated by county records

Comparable Sales for 2576 Grant McMahan Blvd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.80
Single-Family Home
$370,000
09/01/23
2
1
1,540
1.92
Single-Family Home
$435,000
11/10/23
3
2
2,400
1.56
Single-Family Home
$798,500
01/02/24
3
2
2,000
2.02
Single-Family Home
$295,000
10/02/23
1
1
800
2.68
Single-Family Home
$895,000
08/25/23
3
2
2,280
3.37
Single-Family Home
$320,000
11/09/23
2
2
878
3.48
Single-Family Home
$60,000
07/21/23
3
2
1,076
3.67
Single-Family Home
$155,500
02/28/24
3
2
1,478

What Locals Say about Ely

  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
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  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
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  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
    Flag

LGBTQ Local Legal Protections

Joe Braman, Coldwell Banker Realty
Based on information submitted to the MLS GRID as of 2024-02-12 13:39:47 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching Northstar MLS listings you agree to the Northstar MLS End User License Agreement
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2576 Grant McMahan Blvd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,360 sqft single-family home built in 1953. This property is currently available for sale and was listed by NorthStar MLS as distributed by MLS GRID on Mar 30, 2024. The MLS # for this home is MLS# 6504427.