Sold
Last Sold Price
3 beds1,150 sqft$52/sqft
1497 Latva Rd, Ely, MN 55731
Single FamilyProperty Type
5.3 acresLot Size
1957Year Built
$52/sq ftPrice per sq ft
2 carsParking Spaces

Description

Country Home on +/- 5.3 acres, 5 miles south of Ely on a gravel township road. Quiet setting for this 3 bedroom, 2 bath home. Adjoins National Forest land on one side, City of Ely airport buffer property on another side, and 2 other country homesteads on the 4th side. Property is being sold “AS IS”. Property ran out of fuel over the winter and it froze up, so it will need a new heating system, hot water heater, and repairs to the plumbing system. Older septic system will probably need replacement...Country Home on +/- 5.3 acres, 5 miles south of Ely on a gravel township road. Quiet setting for this 3 bedroom, 2 bath home. Adjoins National Forest land on one side, City of Ely airport buffer property on another side, and 2 other country homesteads on the 4th side. Property is being sold “AS IS”. Property ran out of fuel over the winter and it froze up, so it will need a new heating system, hot water heater, and repairs to the plumbing system. Older septic system will probably need replacement as well. Dug well. Full unfinished basement. Same family built the home in 1957 and has lived here until just recently. The land around the house is lawn/grassy meadow, and the other parts of the land are heavily wooded. Older 2 stall garage with attached shed. 24’ x 16’ storage building. This property could be used as a country home as it has since it was built or used as your “up north” cabin. Needs work but priced accordingly.
  • Listed by: Jeff Hway 218.349.0906 jeff@bearislandrealty.com • Bear Island Land Co., Inc
Listing closed: 10/17/2018 12:00 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 6076485

Recent comparable sales

Median sold price

$195,000

Avg days on market

34

Sale-to-list ratio

92.8%

Ely, MN

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Location

Listing Courtesy of Bear Island Land Co., Inc

Sold By Bear Island Land Co., Inc

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Property Information for 1497 Latva Road

Property Details
  • Taxes: $756 / year
  • MLS Type: Residential / Single Family Detached
  • Architectural Style: Ranch
  • View: Panoramic
  • Waterfront YN: No
Building Information
  • Stories: 1
  • Year Built: 1957
  • Lot Size: 5.30 AC / 230,868 SF
Summary
Location and General Information
  • Directions: From Ely, take Hwy 1 south 4.7 miles to Esterberg Road. Turn right on Esterberg Rd. and follow for 1/2 mile to Latva Rd. Turn left on Latva Rd and follow 1/4 mile to property on the right.
  • Latitude: 48
  • Longitude: -92
  • Range: 12
  • MLSArea Major: LSAR
  • Road Frontage Type: Township
  • Road Responsibility: Public Maintained Road
  • Township: Morse township (St. Louis County)
Parking
  • Garage Spaces: 2.0
  • Garage Type: Detached
  • Parking Features: Off Street, Gravel
School Information
  • High School District: Ely #696
Taxes and HOA
  • Taxes With Assessments: 816
  • Twp Number: 62
  • Parcel Number: 465-0010-03875
  • Tax Annual Amount: $756.00
  • Tax Legal Description: N 660’ of E 350’ of NE 1/4 of NW 1/4 in Sec. 27, T62N, R12W
  • Tax Year: 2018
Property
Lot Information
  • Above Grade Finished Area: 1150.0
  • Below Grade Finished Area: 0.0
  • Living Area: 1150.0
  • Lot Features: Many Trees, Level
  • Lot Size Acres: 5.3
  • Lot Size Dimensions: 660 x 350
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 19 x 37.5, 19 x 22
  • Other Structures: Storage Shed
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 60
  • Land Access: ***
  • Possession: Immediate
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Public Survey Section: 27
  • Year Built: 1957
Utilities
  • Sewer: Private Sewer, Drain Field
  • Water Source: Private, Dug
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Foundation Details: Concrete
  • Roof: Asphalt Shingle
  • Stories Total: 1
Interior Features
  • Appliances: Range, Refrigerator
  • Basement: Full
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Fireplace YN: No
  • Heating: Hot Water, Oil
  • Interior Features: Eat In Kitchen, Dryer Hook-Ups, Washer Hookup
  • Basement Features: Partially Finished,Unfinished,Washer Hook-Ups
  • Bath Description: 3/4 Main Floor,Full Main Floor
  • Dining Room Type: Eat-In Kitchen
  • Main Floor Bedroom: 1
  • Window Features: Wood Frames
Room Information
Room 1
  • RoomLength: 19.0
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 10.0
Room 2
  • RoomLength: 13.5
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 10.0
Room 3
  • RoomLength: 12.5
  • RoomLevel: Main
  • RoomType: Primary Bedroom
  • RoomWidth: 10.0
Room 4
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 10.0
Room 5
  • RoomLength: 12.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 10.0
Room 6
  • RoomLength: 8.5
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 7.0
Room 7
  • RoomLength: 6.0
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 4.5
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2018-06-26
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No
  • Rental License: No

Property History for 1497 Latva Road

DateEvent & SourcePriceAppreciation
Oct 17, 2018

Sold (Public Record)

Public Record #633829096

$60,000
Oct 17, 2018

Sold

Lake Superior Area REALTORS #6076485

$60,000
Sep 18, 2018

Pending

Lake Superior Area REALTORS #6076485

DateEvent & SourcePrice
10/17/2018

Sold (Public Record)

Public Record #633829096

$60,000
10/17/2018

Sold

Lake Superior Area REALTORS #6076485

$60,000
09/18/2018

Pending

Lake Superior Area REALTORS #6076485

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1497 Latva Road

Taxable ValueLand$54,200Additions$282,600Total$336,800
Tax Record2026$2,608 ($217 / month)
Home Facts
Beds3Baths1.8Total Finished SqFt1,492 SqFtAbove Grade Finished SqFt1,392 SqFtFinished Basement SqFt100 SqFtStories1Lot Size231,304 SqFtStyleMiscellaneous ResidentialYear Built1957Year Renovated1958ZoningMUNSCountyST. LOUISAPN465-0010-03875

Schools near 1497 Latva Road

This home is within Ely Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

Memorial Secondary
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1497 Latva Road, Ely, MN 55731
$60,000
3
1,150
230,868
$90,000
3
2.5
2,618
827,640
$140,000
3
1.75
2,088
827,640
166,835
1.5
2,128
1,426,590
3
1.75
1,520
225,641

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bear Island Land Co., Inc

Based on information submitted to the MLS GRID as of 04/15/2025 07:11 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.