2528 Verbick Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$540,200

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,680 sqft (on 1 acre)

2528 Verbick Rd, Ely, MN 55731

Est. Refi. Payment $3,555/mo*
Refinance Your Home
Currently Off Market - Sold Jun 17, 2024 for $500,000

Home Value

Trulia Estimate
$540K
Since last month
Decreased$9K (-1.7%)
Since last year
Decreased$5K (-0.9%)
Since last sale
Increased$40K (+8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +122% in the last 10 years
MonthEstimated value
2026
October 2026$540K
September 2026$548K
August 2026$549K
July 2026$552K
June 2026$551K
May 2026$549K
April 2026$547K
March 2026$538K
February 2026$532K
January 2026$543K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2734 Bear Island River Rd, Ely, MN
0.96
Single-Family Home
$418,000
10/01/26
2
1.5
1,172
2641 Priests Point Rd, Ely, MN
0.48
Single-Family Home
$331,000
10/07/26
4
2.5
2,900
9362 Vandelay Dr, Ely, MN
0.78
Single-Family Home
$265,000
05/15/26
2
1
976
8702 Sock Lake Road, Babbitt, MN
3.56
Single-Family Home
$285,000
12/08/25
3
2
1,292
8433 Timber Bay Rd, Babbitt, MN
4.31
Single-Family Home
$187,000
07/28/26
2
1
656
8431 Timber Bay Rd, Babbitt, MN
4.30
Single-Family Home
$192,500
07/01/26
1
1
1,008
61 Birch Blvd, Babbitt, MN
4.90
Single-Family Home
$135,000
08/27/26
2
1
1,728

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2522 Verbick Rd, Ely, MN 55731
0.02
$468,800
3
1
1,176
Off Market
2532 Verbick Rd, Ely, MN 55731
0.03
$510,000
2
2
1,440
Off Market
2518 Verbick Rd, Britt, MN 55731
0.04
$408,200
2
1
864
Off Market
2534 Verbick Rd, Ely, MN 55731
0.04
$251,700
3
1
672
Off Market
2536 Verbick Rd, Ely, MN 55731
0.06
$444,600
2
1
972
Off Market
2539 Verbick Rd, Ely, MN 55731
0.09
-
1
-
370
Off Market
2540 Verbick Rd, Ely, MN 55731
0.10
$939,300
2
2
1,232
Off Market
2506 Verbick Rd, Ely, MN 55731
0.12
$552,700
3
2
912
Off Market
2548 Verbick Rd, Ely, MN 55731
0.13
$167,800
2
1
840
Off Market
2547 Verbick Rd, Ely, MN 55731
0.15
$222,800
3
1
1,440
Off Market
2547 Verbick Rd, Ely, MN 55731
0.15
$283,500
3
1
1,840
Off Market
2515 Verbick Rd, Ely, MN 55731
0.15
$278,300
2
1
768
Off Market
2544 Verbick Rd, Ely, MN 55731
0.16
$391,000
2
1
840
Off Market
2550 Verbick Rd, Ely, MN 55731
0.16
$481,200
2
1
800
Off Market
2546 Verbick Rd, Ely, MN 55731
0.17
$390,000
2
1
780
Off Market
2563 Verbick Rd, Ely, MN 55731
0.19
$233,500
2
1
1,020
Off Market
2543 Verbick Rd, Ely, MN 55731
0.20
-
Studio
-
-
Off Market
2518 Little Bear Is, Babbitt, MN 55706
0.23
$391,800
2
-
962
Off Market
2526 Little Bear Is, Babbitt, MN 55706
0.24
$341,800
1
-
560
Off Market
2564 Bear Island River Rd, Ely, MN 55731
0.24
$256,300
2
-
768
Off Market

Local Information

  • Map ViewExplore the area around 2528 Verbick Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1979
1 acre lot
1,680 sqft
$322/sqft
Garage

About this House

What's unique:Bear island lakeWork shopCenter islandIce fishingPlenty of storageSingle stall garage
This year-round home/cabin boost phenomenal lake views of Bear Island Lake. Many updates have taken place with a beautiful updated kitchen, center island, new flooring and appliances. Expansive deck off the living area to enjoy the summer breeze. Bear Island Lake offers such a beautiful setting with over 22 islands, 22+/- acres and much undeveloped property to enjoy all your outdoor recreational activities. Boating, kayak, canoe, swimming, fishing to name a few along with winter snowshoeing, skiing, ice fishing and more. Updates have also been done with the bathrooms and comfortable family area in the walk out lower level that brings you out to the water’s edge. Single stall garage with added work shop and plenty of storage. The sauna is waiting for you and close to the dock for a plunge into the lake.
2528 Verbick Rd, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 1,680 sqft single-family home built in 1979. It last sold for $500,000 on Jun 17, 2024 (5% below the $525,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $540,200, with a rent estimate of $1,797/month.
Last check for updates: about 19 hours ago
Listed by Lori Schulze, (218) 343-1787
Keller Williams Classic Realty NW - Ely
Bought with: Nonmember NONMEMBER, Nonmember Office
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6113543

Home Details for 2528 Verbick Rd

Interior Features

Interior Details
Basement: Full,Finished,Walkout,Bath,Family/Rec Room,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 8Types of Rooms: Bedroom, Bonus Room, Dining Room, Great Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1680 Square FeetFoundation Area: 840
Appliances & Utilities
Appliances: Water Heater-Electric, Dishwasher, Dryer, Range, Refrigerator, WasherDishwasherDryerLaundry: Dryer Hook-Ups,Washer HookupRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Hot Water,PropaneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Lake Country Power
Windows, Doors, Floors & Walls
Door: Patio Door
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Inland Lake

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleVegetation: Heavily WoodedOther Structures: Sauna, Storage ShedExterior: Balcony, DockFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Gravel,Off Street,Detached,Electrical Service
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Gravel, Sand, Shore-Accessible)Road Frontage: County Road, Dead End/No OutletResponsible for Road Maintenance: Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: Private SewerWater Body: Bear Island
Farm & Range
Frontage Length: 100
Finished Area
Finished Area (above surface): 840 Square FeetFinished Area (below surface): 840 Square Feet

Days on Market

Cumulative Days on Market: 8

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 62502500130

Price & Status

Price
List Price: $525,000
Status Change & Dates
Off Market Date: Wed May 15 2024

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 1 Acres

Miscellaneous

BasementMls Number: 6113543Water ViewWater View: LakeAttribution Contact: ***Above Grade Unfinished Area: 840

Price and Tax history

DateEventPrice
Jun 17, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113543
Sold
$500,000
Jun 5, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113543
Pending
$525,000
May 15, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113543
Contingent
$525,000
May 10, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113543
Listed For Sale
$525,000
Nov 21, 2017
Source: Lake Superior Area Realtors as distributed by MLS GRID #6023782
Sold
$205,000

Market trends in Ely

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
100
3MoM

Around this home

What Locals Say about Ely

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 80% say there's holiday spirit
  • 75% say there are sidewalks
  • 72% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
    Flag
  • 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 . "
    7
    Flag
  • 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. "
    0
    Flag
  • 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

Based on information submitted to the MLS GRID as of 2026-10-12 15:02:21 PDT. 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

Frequently asked questions about 2528 Verbick Rd

  • What is 2528 Verbick Rd estimated to be worth?
    Trulia's estimated value for 2528 Verbick Rd in Ely, MN is $540,200.
  • What is the price history for 2528 Verbick Rd?
    2528 Verbick Rd in Ely, MN last sold for $500,000 in June 2024.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • Does 2528 Verbick Rd have laundry facilities?
    Yes, 2528 Verbick Rd in Ely, MN has in-unit laundry.
  • How big is the lot at 2528 Verbick Rd?
    The lot at 2528 Verbick Rd in Ely, MN is about 1 acre.

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