5322 Ely Island

Tower, MN 55790

$279,900
Price
1
Beds
434 Sq. Ft.
$645 / Sq. Ft.
434
Sq. Ft.
$645
per Sq. Ft.

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...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!

Property Details for 5322 Ely Island

Area
LSAR
Style
Rustic Cabin
Geo Subdivision
MN
Waterfront
Yes
Waterfront Access
Private
Waterfront Name
Vermilion
Waterfront Type
Inland Lake

Location

Listing Courtesy of Vermilion Land Office, Inc
Add your commute
LISTING UPDATED: 05/15/2024 08:21 PM

Property Details for 5322 Ely Island

StatusActive
MLS #6112171
Days on Compass104
Taxes$1,097 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSINGLE FAMILY / Seasonal
Year Built1958
Lot Size9.74 AC / 424,274 SF
CountySt. Louis County

Location

Listing Courtesy of Vermilion Land Office, Inc
Add your commute

Building Information for 5322 Ely Island

Stories-Year Built1958Building Size-Lot Size9.74 AC / 424,274 SF

Payment Calculator

$1,619 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,528

Property Taxes

$91

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5322 Ely Island

Summary
Location and General Information
  • City: Tower
  • State: MN
  • County: St. Louis County
  • Directions: Via boat to South Side of Ely Island. Nearest public boat launch is Stuntz Bay, Soudan.
  • Lake Class: RD
  • Lake Maximum Depth: 76.0
  • Road Between Waterfront and Home: No
  • Road Frontage: None
  • Road Maintenance: None
  • Shoreline Characteristics: Undeveloped, Shore-Accessible
  • Township Number: 62
  • Township Name: Breitung township (St. Louis County)
  • View: Inland Lake, Bay
  • Waterfrontage - ft: 1140.0
  • Zip: 55790
Taxes and HOA Information
  • Association Fee: No
  • Parcel Number: 270-0020-01410
  • Tax Year: 2024
  • Tax Amount: $1,097.00
Parking
  • Garage Capacity: 0
  • Garage Type: None
  • Parking/Driveway: None
School Information
  • School District: St. Louis County #2142
Property
Property and Assessments
  • Class: SINGLE FAMILY
  • Classification (MN): NonHomestead
  • Disclosures/Docs: Disc./Condition Report, LBP Disclosure
  • Possession: Close Escrow
  • Sub Type: Seasonal
  • Terms: Cash, Conventional
Lot Information
  • Approx Lot Dimension: 394x421
  • Approx Number of Acres: 9.74
  • Basement Sq Ft: 0.0
  • Construction Status: Previously Owned
  • Construction Type: Frame/Wood
  • Fin Footage-Above Grade: 434.0
  • Fin Footage-Below Grade: 0.0
  • Foundation Dimensions: 16x24
  • Lake Acres: 39272.5
  • Lot Description: Accessible Shoreline, Tree Coverage - Light, Island/Peninsula
  • Prop Adjoins Public Land: No
  • Stories: 1.25 - 1.75 Story
  • Total Fin Square Footage: 434.0
  • Year Built: 1958
Utilities
  • Mechanicals: Generator
  • Sewer: None
  • Water: None
Interior and Exterior Features
Exterior Features
  • Amenities: Hardwood Floors, Natural Woodwork, Vaulted Ceilings, Beamed Ceilings
  • Amenities-Exterior: Deck, Dock
  • Exterior: Asphalt
  • Roof: Asphalt Shingles
Interior Features
  • Air Conditioning: None
  • Appliances: Range/Stove, Refrigerator
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bath Description: None
  • Fireplace: No
  • Full Baths: 0
  • Main Floor Bath: No
  • Main Floor Bedroom: No
  • Total Bathrooms: 0
  • Total Bedrooms: 1
  • 1/2 Baths: 0
  • 1/4 Baths: 0
  • 3/4 Baths: 0
Room Information
Room Information
  • Extra Rooms: 3 Season Porch
Room 1
  • Room Level 1: Main
  • Room Dim - Length 1: 15'9
  • Room Dim - Width 1: 13
  • Room 1: Living Room
  • Room Remarks 1: Open area with dining
Room 2
  • Room 2: Kitchen
  • Room Level 2: Main
  • Room Dim - Length 2: 15'8
  • Room Dim - Width 2: 9'10
Room 3
  • Room 3: Bedroom
  • Room Level 3: Upper
  • Room Dim - Length 3: 10
  • Room Dim - Width 3: 8

Property History for 5322 Ely Island

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5322 Ely Island

This home is within St. Louis County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
Tower-Soudan Elementary School
PublicPK to 6

Northeast Range Secondary
Public7 to 12

North Woods Secondary
Public7 to 12

Cherry Elementary School
PublicPK to 6

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.

Similar Homes

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Similar Sold Homes

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5322 Ely Island is a single family home for sale in Tower, MN 55790. This property was listed for sale on February 5, 2024 by Vermilion Land Office, Inc, it's currently listed at $279,900. This listing's school district is St. Louis County School District. Nearby schools include Tower-Soudan Elementary School, Northeast Range Secondary and North Woods Secondary. 5322 Ely Island is a 1-bed, 0-bath, 434 sqft single family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Vermilion Land Office, Inc

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 05/15/2024 08:21 PM