House For Sale

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2234 Balsam Ln
Ely, MN 55731

  • 2 beds
  • 1 bath
  • 576 sqft
  • ~2 acre lot
  • $518 per sqft
  • 1991 build
  • on site

Furnished Yr Rnd Knotty Pine Cabin, Set On 1.7 Acres Adjoining Hundreds of Acres of Public Lands & 205 Ft Northeast Facing Sandy Swimming Shoreline, Wolf Lake. Just 10 Mi West Of Ely, this is a 145 acre lake , 28 ft deep, stocked w/walleye & offering excellent walleye & bass fishing. Updated & lovingly maintained since being built in 1991, 576 SF 2BR/1 NEW BTH yr rnd main cabin plus 1BR summer guest cabin connected by deck. Kitchen w/L open to vaulted livingrm w/propane wall furnace, fireplace front wood stove & glass door to lakeside screen porch. Gentle steps to level lakefront firepit area & dock. Timber frame woodshed/patio. Compliant septic. Dock. Vintage sauna cabin used for storage could be remodeled for workshop or addl guest quarters. Includes 1976 14 ft Sylvan boat, Yamaha 8HP motor & Sport by Spartan trailer & Old Town kayak!

DAAR logo Listing courtesy of DAAR / Janisch Realty Inc.

Last checked: Checking… • Last updated Jan 3, 2021 • Source: DAAR

MLS# 6094102 —

Amenities & Taxes

The Building

Construction Type:
Frame/Wood
Roof:
Asphalt Shingles
Stories:
1
Exterior:
Wood

Interior

Dining Room
Living Room
Kitchen
Bedroom
Bedroom
Virtual Tour
Dining:
Combine with Kitchen
Extra Rooms:
Enclosed Porch
Fireplace:
yes
Fireplaces:
1
Fireplace Type:
wood-burning
Amenities:
Ceiling Fans, Natural Woodwork, Vaulted Ceilings
Basement Style:
Crawl Space
Basement Features:
N/A
Basement Material:
Wood

Financial & Terms

Potential Short Sale:
no

Location

Latitude:
47.88521
Longitude:
-92.03386

The Property

Sub Type:
Single Family
Property Style:
SF Single Family
Amenities-Exterior:
Deck, Dock, Gutter/Downspout
1.7
Acres
View:
Inland Lake, Panoramic
Road Maintenance:
Private
Road Between Waterfront and Home:
no
Waterfront Name:
Wolf
Waterfront:
yes
Classification:
NonHomestead
Lot Description:
heavy tree coverage, Rolling
Outbuildings:
Storage Shed, Bunkhouse, Other Buildings

Listing Agent

Contact info:

Beds

Main Floor Bedroom:
1

Baths

Bath Description:
3/4 Main Floor
Main Floor Bath:
Yes

The Listing

Terms:
Cash, Conventional

Heating & Cooling

Air Conditioning:
None
Heat:
Space/Wall Heater, Propane

Utilities

Sewer:
Private
Water:
Private
Mechanicals:
Water Heater-Gas

Appliances

Appliances:
Refrigerator, Range/Stove

Schools

School District:
Ely #696

The Community

Waterfront Description:
Inland Lake
Waterfront Access:
Private

Parking

Garage Type:
None
Parking/Driveway:
Driveway - Gravel

Extra Units

Outbuilding Description:
Traditional

Schools

Rating Details
7

Ely Memorial High School

  • Public
  • 7-12
  • 8.3 mi
5

Washington Elementary School

  • Public
  • K-5
  • 8.3 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Monthly cost estimate

2234 Balsam Ln

Asking price

$298,500

Mortgage Principal & interest
Assumes 20% down, 30 yr.
fixed, good credit

$1,018

Taxes $152
Insurance $82
Utilities $96 See report
Total $1,348/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
11/14/20
Listed / Active DAAR $298,500
6/27/19
Price Changed DAAR
5/15/19
Listed / Active DAAR

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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2234 Balsam Ln
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This house located in MN 55731 is currently for sale for $298,500. 2234 Balsam Ln is a 576 square foot house with 2 beds and 1 bath that has been on Estately for 67 days. This house is in the attendance area of Ely Memorial High School and Washington Elementary School.

DAAR logo Listing Courtesy of: DAAR and Janisch Realty Inc..

The information included in this listing 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 information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Duluth MLS / DAAR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.

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