5322 Ely Is S, Tower, MN 55790
FOR SALE9.74 ACRES

5322 Ely Is S
Tower, MN 55790

  • 1 Bed
  • 434 sqft (on 9.74 acres)
  • 1 Bed
  • 434 sqft (on 9.74 acres)

$289,000

Est. Mortgage $1,861/mo*

Local Information

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

Description

This Cute and Cozy, historic Lake Vermilion Ely Island off-grid Loggers cabin boasts 9.74 acres and 1140 ft. of lake shore! First time on the market in 50 years and renovated in 2017. Easy 5 minute commute from Stuntz Bay public boat launch. Enjoy privacy in the peaceful protected cove with gorgeous views of the lake across Seven Sisters to Pike Bay. NEW foundation supports, roof, windows, loft, front porch, screened in back porch and steps! Add another cabin on the main island if desired. Excellent fishing and swimming right from your dock. Abundant wildlife at your doorstep. Located close to McKinley Park, historic Soudan Mine and new State Park with numerous hiking/biking/ATV and snowmobile trails. Sold mostly furnished. Don't pass up the chance to own your own island paradise!

Home Highlights

Parking
No Info
Outdoor
Deck
A/C
Contact Manager
HOA
None
Price/Sqft
$666
Listed
81 days ago

Home Details for 5322 Ely Is S

Interior Features

Interior Details
Basement: N/A,Crawl SpaceNumber of Rooms: 3Types of Rooms: Bedroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 1
Dimensions and Layout
Living Area: 434 Square FeetFoundation Area: 384
Appliances & Utilities
Appliances: Range/Stove, RefrigeratorRefrigerator
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: None
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Levels: 1.25 - 1.75 StoryFloors: Hardwood
View
Has a ViewView: Bay, Inland Lake

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckVegetation: Partially WoodedExterior: Dock
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None,No Garage
Frontage
WaterfrontWaterfront: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Undeveloped, Shore-Accessible)Road Frontage: NoneResponsible for Road Maintenance: NoneOn Waterfront
Water & Sewer
Sewer: NoneWater Body: Vermilion
Farm & Range
Frontage Length: 1140
Finished Area
Finished Area (above surface): 434 Square Feet

Days on Market

Days on Market: 81

Property Information

Year Built
Year Built: 1958
Property Type / Style
Property Type: ResidentialProperty Subtype: SeasonalArchitecture: Cabin
Building
Construction Materials: Frame/Wood, AsphaltNot a New Construction
Property Information
Condition: Previously OwnedParcel Number: 270002001410

Price & Status

Price
List Price: $289,000Price Per Sqft: $666
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Tower
School Information
Elementary School District: St. Louis County #2142Jr High / Middle School District: St. Louis County #2142High School District: St. Louis County #2142

Agent Information

Listing Agent
Listing ID: 6112171

Building

Building Area
Building Area: 434 Square Feet

Lot Information

Lot Area: 9.74 Acres

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.75Buyer Agency Commission Type: %Transaction Broker Commission: 2.75Transaction 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: 6112171Water ViewWater View: Bay, Lake
Last check for updates: about 22 hours ago
Listing courtesy of Sherry Anderson
Vermilion Land Office, Inc
Source: Lake Superior Area Realtors, MLS#6112171

Price History for 5322 Ely Is S

DatePriceEventSource
02/05/2024$289,000Listed For SaleRange AOR #146278
07/25/2008$95,000Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$1,204
Assessment$96,700
Home facts updated by county records

Comparable Sales for 5322 Ely Is S

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.90
Single-Family Home
$181,000
08/03/23
1
-
640
0.92
Single-Family Home
$247,500
06/23/23
2
1
1,080
2.23
Single-Family Home
$425,000
05/26/23
2
1
624
2.55
Single-Family Home
$129,900
05/25/23
3
1
1,260

LGBTQ Local Legal Protections

Sherry Anderson, Vermilion Land Office, Inc
Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice.
Copyright 2024 – Lake Superior Area REALTORS, Inc.® MLS – All Rights Reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
5322 Ely Is S, Tower, MN 55790 is a 1 bedroom, 434 sqft single-family home built in 1958. This property is currently available for sale and was listed by Lake Superior Area Realtors on Feb 6, 2024. The MLS # for this home is MLS# 6112171.