Own your own quiet piece in the woods and enjoy the wildlife right out your window. This well built 1980's river front home is just 6 miles and 10 minutes from Ely. Home has 3 bedrooms, 1.5 baths plus a large Great room with dinning area looking out to the Bear Island River, and a cedar sauna in the basement. Architectural metal shingles were installed a few years ago and are in great shape. Home has a Drilled well and private septic system.
Own your own quiet piece in the woods and enjoy the wildlife right out your window! This well built 1980's river front home with 3 bedrooms and 2 baths. It is just 6 miles and 10 minutes from Ely. Home has a newer metal roof hardwood floors and a great view of the Bear Island River.
LSAR #6019876
Jan 6, 2017
Sold
$103,500
$49/sq ft
Jan 9, 2016
Listed
$145,000
$69/sq ft
Public Records
Apr 16, 2015
Sold
$9,500
$4/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,208 (+0.5%)
$45,465 + $131,217
$176,682
2025
$1,202 (−16.5%)
$45,059 + $124,320
$169,379
2024
$1,440 (+7.5%)
$43,262 + $130,413
$173,675
2023
$1,340 (+9.3%)
$38,338 + $110,049
$148,387
2022
$1,226 (−2.4%)
$31,581 + $92,063
$123,644
2021
$1,256 (+10.4%)
$31,150 + $85,518
$116,668
2020
$1,138 (+2.0%)
$31,150 + $85,518
$116,668
2019
$1,116 (+1.1%)
$46,275 + $75,843
$122,118
2018
$1,104 (−9.5%)
$46,181 + $75,828
$122,009
2017
$1,220 (+2.3%)
$58,230 + $69,775
$128,005
2016
$1,192 (−9.6%)
$58,200 + $69,800
$128,000
2014
$1,318 (−7.5%)
$68,200 + $71,000
$139,200
2013
$1,424
$76,200 + $72,000
$148,200
Tax history for 1554 Rapids Rd
Year
Property tax
Land + Additions
Assessment*
2026
$1,208 (+0.5%)
$45,465 + $131,217
$176,682
2025
$1,202 (−16.5%)
$45,059 + $124,320
$169,379
2024
$1,440 (+7.5%)
$43,262 + $130,413
$173,675
2023
$1,340 (+9.3%)
$38,338 + $110,049
$148,387
2022
$1,226 (−2.4%)
$31,581 + $92,063
$123,644
2021
$1,256 (+10.4%)
$31,150 + $85,518
$116,668
2020
$1,138 (+2.0%)
$31,150 + $85,518
$116,668
2019
$1,116 (+1.1%)
$46,275 + $75,843
$122,118
2018
$1,104 (−9.5%)
$46,181 + $75,828
$122,009
2017
$1,220 (+2.3%)
$58,230 + $69,775
$128,005
2016
$1,192 (−9.6%)
$58,200 + $69,800
$128,000
2014
$1,318 (−7.5%)
$68,200 + $71,000
$139,200
2013
$1,424
$76,200 + $72,000
$148,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Directions: South of Ely on Hwy. 1 5 miles, turn right on CR 120 drive 1 mile, turn right on the River Ridge Rd. and then turn right on Rapids Road property (FN 1554) is on your left.
Subdivision Name: Bear Island River Estates
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 960
Stories: 1.0
Lot Size: 6.44 acres
Style: Single Family Residential
Year Built: 1977
Year Renovated: —
County: St. Louis County
APN: 465-0047-00060
Home facts updated by county records on Aug 7, 2026
Around this home
Schools
Washington Elementary School
Public PreK-5 • Assigned • 5.2mi
6/10
Memorial Middle School
Public 6-8 • Assigned • 5.2mi
7/10
Memorial Secondary
Public 9-12 • Assigned • 5.2mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
1/10 Heat Factor
7 days above 92° expected this year, 12 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Ely, MN • 55731
Average low and high temperatures (°F)
14
-5
23
1
37
15
46
27
65
39
74
51
76
55
74
55
72
50
57
38
38
24
21
5
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 2.7 hours in December, placing it below the
U.S. average for solar exposure.