Last Sold Price
2 beds1,680 sqft$298/sqft
2528 Verbick Rd, Ely, MN 55731

Description

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,...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.
LISTING CLOSED: 06/17/2024 12:00 AM

  1. Listed by Lori Schulze • Keller Williams Classic Realty NW - Ely
    P: (218) 343-1787 lorischulze@kw.com

Property Details for 2528 Verbick Road

Status
MLS #
6113543
Days on Compass
8
Taxes
$2,869 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Detached
Year Built
1979
Lot Size
1.00 AC / 43,560 SF
Architectural Style
Ranch
View
Inland Lake
Waterfront Features
Inland Lake
Waterfront YN
Yes

Recent comparable sales

Median sold price

$378,000

Avg days on market

26

Sale-to-list ratio

10978.1%

Ely, MN

9 comparable properties found

$610,000 | 1787 North Bay Road, Ely, MN 55731
1

$610,000

Sold 07/29/26

2
Bedrooms
1,872
Square Feet
0.96
Acres
$265,000 | 9362 Vandelay Drive, Ely, MN 55731
1/68
2

$265,000

Sold 05/15/26

2
Bedrooms
976
Square Feet
20
Acres
$375,000 | 14724 Moose Lake Road, Ely, MN 55731
1/51
3

$375,000

Sold 01/31/25

2
Bedrooms
1,500
Square Feet
3
Acres
$378,000 | 6 East Creek Road, Ely, NV 89301
1/40
4

$378,000

Sold 09/25/25

2
Bedrooms
1,456
Square Feet
4.95
Acres
$410,000 | 8717 Birch Lake Road, Ely, MN 55731
1/3
5

$410,000

Sold 12/18/25

2
Bedrooms
1
Bathrooms
1,012
Square Feet
1
Acres
$550,000 | 762 Kawishiwi Trail, Ely, MN 55731
1/2
6

$550,000

Sold 05/30/25

2
Bedrooms
2
Bathrooms
1,400
Square Feet
35
Acres
$279,000 | 4 East Boundary Street, Ely, MN 55731
1/38
7

$279,000

Sold 10/23/24

2
Bedrooms
1,514
Square Feet
0.23
Acres
$200,000 | 416 East Camp Street, Ely, MN 55731
8

$200,000

Sold 01/09/26

2
Bedrooms
1,550
Square Feet
0.14
Acres
$420,000 | 2349 Gold Mine Road, Ely, MN 55731
9

$420,000

Sold 10/15/24

2
Bedrooms
1,298
Square Feet
19.14
Acres

Location

Listing Courtesy of Keller Williams Classic Realty NW - Ely

Sold By Nonmember Office

Add your commute

Building Information for 2528 Verbick Road

Stories1Year Built1979Building Size-Lot Size1.00 AC / 43,560 SF

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$2,781 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,541

Property Taxes

$239

HOA Dues

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Property Information for 2528 Verbick Road

Summary
Location and General Information
  • Directions: From Ely travel Hwy 21 south to Bear Island River Road, right turn and follow to Verbick Road, take left and follow to property address on your right.
  • Latitude: 48
  • Longitude: -92
  • Road Between Waterfront And Home: No
  • Shoreline Characteristics: Gravel,Sand,Shore-Accessible
  • Waterfront Access: Private
  • Waterfrontage Feet: 100
  • MLSArea Major: LSAR
  • Road Frontage Type: County Road, Dead End/No Outlet
  • Road Responsibility: Public Maintained Road
Parking
  • Garage Spaces: 1.0
  • Garage Features: Electrical Service
  • Garage Type: Detached
  • Parking Features: Gravel, Off Street
School Information
  • High School District: Ely #696
Taxes and HOA
  • Association YN: No
  • Taxes With Assessments: 2954
  • Parcel Number: 625-025-00130
  • Tax Annual Amount: $2,869.00
  • Tax Legal Description: Lot 7 Block 2 Lahti Land
  • Tax Year: 2024
Property
Lot Information
  • Above Grade Finished Area: 840.0
  • Below Grade Finished Area: 840.0
  • Living Area: 1680.0
  • Lot Features: Accessible Shoreline, Many Trees
  • Lot Size Acres: 1.0
  • Lot Size Dimensions: 375x100
  • Basement Square Feet: ***
  • Construction Type: Frame/Wood
  • Foundation Dimensions: 28x30
  • Other Structures: Sauna, Storage Shed
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 85
  • Land Access: ***
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Year Built: 1979
Utilities
  • Sewer: Private Sewer
  • Water Body Name: Bear Island
  • Water Source: Drilled
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl
  • Exterior Features: Balcony, Dock
  • Foundation Details: Poured Concrete
  • Roof: Asphalt Shingle
  • Stories Total: 1
Interior Features
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: Full
  • Bathrooms Full: 0
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Fireplace YN: No
  • Heating: Baseboard, Hot Water, Propane
  • Interior Features: Ceiling Fan(s), Eat In Kitchen, Kitchen Island, Center Hall Foyer, Patio Door, Dryer Hook-Ups, Washer Hookup
  • Basement Features: Finished,Walkout,Bath,Family/Rec Room,Washer Hook-Ups,Dryer Hook-Ups
  • Bath Description: 3/4 Basement,1/2 Main Floor
  • Dining Room Type: Combine with Kitchen
  • Extra Rooms: Spa/Sauna,Bonus Room
  • Main Floor Bedroom: 1
  • Mechanicals: Water Heater-Electric
Room Information
Room 1
  • RoomLength: 14.0
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 16.0
Room 2
  • RoomLength: 13.0
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 14.0
Room 3
  • RoomDescription: Open with Living Room and Kitchen
  • RoomLevel: Main
  • RoomType: Dining Room
Room 4
  • RoomLength: 13.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 10.0
Room 5
  • RoomLength: 13.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 10.0
Room 6
  • RoomLength: 13.0
  • RoomLevel: Lower
  • RoomType: Bonus Room
  • RoomWidth: 10.0
Room 7
  • RoomLevel: Lower
  • RoomType: Great Room
Room 8
  • RoomLevel: Lower
  • RoomType: Laundry
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • LVTDate: 2024-05-07
  • Management Company: ***
  • Management Company Phone Email: ***
  • Power Company: Lake Country Power
  • Transaction Type: For Sale
Rental
Rent Information
  • Leased Land: Owned
  • Lender Owned: No

Property History for 2528 Verbick Road

DateEvent & SourcePriceAppreciation
Jun 17, 2024

Sold (Public Record)

Public Record #1537407752

$500,000

+14.5% / yr

Jun 17, 2024

Sold

Lake Superior Area REALTORS #6113543

$500,000
May 15, 2024

Pending

Lake Superior Area REALTORS #6113543

DateEvent & SourcePrice
06/17/2024

Sold (Public Record)

Public Record #1537407752

$500,000

+14.5% / yr

06/17/2024

Sold

Lake Superior Area REALTORS #6113543

$500,000
05/15/2024

Pending

Lake Superior Area REALTORS #6113543

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

Public Records for 2528 Verbick Road

Taxable ValueLand$155,100Additions$220,000Total$375,100
Tax Record2026$3,346 ($279 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,596 SqFtAbove Grade Finished SqFt840 SqFtFinished Basement SqFt756 SqFtStories1Lot Size39,748 SqFtStyleSingle Family ResidenceYear Built1979Year Renovated1979ZoningSMUCountyST. LOUISAPN625-0025-00130

Schools near 2528 Verbick 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: 2528 Verbick Road, Ely, MN 55731
$500,000
2
1,680
43,560
3
1
1,338
44,170
2
1
864
46,883
3
1
672
36,521
$81,000
2
1
972
47,936
$33,000
108,900

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Classic Realty NW - Ely

Based on information submitted to the MLS GRID as of 09/08/2025 06:22 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.