Fabulous Ely home with one level living. This 3 bedroom, 1 bath home has an open lay out with a convenient flow between rooms. There is a warm, comforting feeling that is enhanced by the gas fireplace and the in-floor heat throughout the home. Natural wood work, tile/wood floors and air conditioning are other interior features. The patio door leads you outside to a covered deck and fully fenced in yard for summer entertainment. The large 2 car garage is insulated and includes a wood fired sauna. This home currently has a short term rental license from the city of Ely and the MN department of health.
Sold for $248,500 on 04/28/23
Street View
$248,500
1011 E Madison St, Ely, MN 55731
3beds
1,040sqft
Single Family Residence
Built in 1999
6,969.6 Square Feet Lot
$262,200 Zestimate®
$239/sqft
$1,569 Estimated rent
Home value
$262,200
$249,000 - $275,000
$1,569/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 08, 2025 at 04:13pm
Listed by:
Chris Eilrich 218-343-6169,
Wildwoods Land Company
Bought with:
Chris Eilrich, MN 40199284
Wildwoods Land Company
Source: Lake Superior Area Realtors,MLS#: 6106697
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Description: Carpet
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom
- Description: Carpet
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Bedroom
- Description: Carpet
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Dining room
- Description: Wood floor, patio door
- Level: Main
- Area: 96 Square Feet
- Dimensions: 8 x 12
Kitchen
- Description: Ceramic Tile
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9 x 12
Living room
- Description: Wood floor, gas fireplace
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12 x 16
Utility room
- Level: Main
- Area: 48 Square Feet
- Dimensions: 6 x 8
Heating
- Fireplace(s), In Floor Heat, Propane, Electric
Cooling
- Ductless
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Ceiling Fan(s), Natural Woodwork, Sauna, Vaulted Ceiling(s)
- Flooring: Hardwood Floors, Tiled Floors
- Doors: Patio Door
- Windows: Wood Frames
- Basement: N/A
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total interior livable area: 1,040 sqft
- Finished area above ground: 1,040
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Detached, Electrical Service, Insulation
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Partially Wheelchair
Features
- Patio & porch: Deck
- Fencing: Fenced
Lot
- Size: 6,969 sqft
- Dimensions: 50 x 140
- Features: Level
Details
- Additional structures: Sauna
- Foundation area: 1040
- Parcel number: 030020002190
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl, Composition, Frame/Wood
- Roof: Asphalt Shingle,Metal
Condition
- Previously Owned
- Year built: 1999
Utilities & green energy
- Electric: City Of Ely
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2023 | Sold | $248,500-5.3%$239/sqft |
Source:  Lake Superior Area Realtors #6106697 | ||
| 4/10/2023 | Pending sale | $262,500$252/sqft |
Source: Lake Superior Area Realtors #6106697 | ||
| 2/15/2023 | Contingent | $262,500$252/sqft |
Source: Lake Superior Area Realtors #6106697 | ||
| 2/14/2023 | Listed for sale | $262,500$252/sqft |
Source: Lake Superior Area Realtors #6106697 | ||
| 2/14/2023 | Contingent | $262,500$252/sqft |
Source: Lake Superior Area Realtors #6106697 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,890 +25.6% | $207,600 +5.7% |
| 2023 | $3,098 +13.6% | $196,400 +42.2% |
| 2022 | $2,726 +122% | $138,100 +19.3% |
Find assessor info on the county website
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Memorial Middle SchoolGrades: 6-8Distance: 0.5 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 0.5 mi
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