OFF MARKET

Off Market Nov 2021 for $840K

$1,233,257

Est. refi paymentEst. refi $5,465/mo

•

2 ba

•

1,228

sq ft

2414 Passi Rd, Ely, MN 55731

About this home

Burntside Lake Property you've been waiting for. Sunsets views in this well thought out and tastefully renovated (to the studs) home takes in all the beauty that Burnside Lake and Ely have to offer. 3acres and 370 feet of shoreline to enjoy and call your own. Main home features views for miles of Burntside's diamond glittering waters, covered and open decks, Northern white cedar cabin grade tongue and grove paneling throughout, White Oak engineered flooring allowing for in floor heat to keep you comfortable on those cool nights and cozy warm in winter. Floe dock tucked in on the 370 feet of shoreline, two car heated garage with a Two bedroom guest suite above complete with kitchenette and private covered and open decks with build in seating, and 1100 sq ft of decks to be exact! . Home features include Minnesota's own Crystal cabinetry, Custom metal and stained glass lights, high powered generator just in case, and smoke, temp and alarm monitoring system. Turnkey home comes furnished

Single-familyProperty Type

1978Year Built

3.06 acresLot Size

$1,004Est. Price/Sq.Ft.

2 car garageParking

Listed by Andrea Zupancich • z' Up North Realty

Bought with Andrea Zupancich • z' Up North Realty

Redfin checked: 2 minutes ago

•Source:RAOR #141743

Redfin Estimate

$1,233,257

$393K since sold in November 2021$24K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 293.4% higher than the average sale price ($313K) of 6 comparable homes.

SOLD JUL 31, 2026
$519,000
A
3 beds2 baths1,320 sq ft
413 Sunset Rd, Ely, MN 55731
SOLD AUG 24, 2026
$475,000
B
3 beds1.5 baths1,248 sq ft
13359 Villa Rd, Ely, MN 55731
SOLD JUL 29, 2026
$249,000
C
3 beds1.5 baths1,480 sq ft
1419 E Chapman St, Ely, MN 55731
SOLD AUG 24, 2026
$178,000
D
3 beds2 baths1,472 sq ft
2 E Conan St, Ely, MN 55731
SOLD MAY 29, 2026
$249,900
E
3 beds2 baths1,126 sq ft
712 E Pattison St, Ely, MN 55731
SOLD JUL 27, 2026
$210,000
F
2 beds1 bath1,215 sq ft
13464 Chestnut Dr, Ely, MN 55731

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,699/mo

Redfin rental estimate

List your home for rent

Market trends in 55731, MN

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.2%

+0.5% MoM

Median sale price

$272K

$7K MoM

Avg. days on market

41d

12 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 6 HRS AGO
$175,000
1 bed— baths290 sq ft
4704 Highway 169, Ely, MN 55731
NEW 29 HRS AGO
$317,000
2 beds— baths1,282 sq ft
651 Fernberg Rd, Ely, MN 55731
NEW 29 HRS AGO
$246,000
7 beds4 baths2,600 sq ft
429 S 4th Ave Ave E, Ely, MN 55731
3D WALKTHROUGH
$160,000
2 beds1 bath1,064 sq ft
1211 E Camp St, Ely, MN 55731
3D WALKTHROUGH
$648,500
3 beds1 bath1,136 sq ft
5005 N Lake Vermilion, Tower, MN 55790
$749,000
1 bed— baths352 sq ft
2815 Schaeffer Rd, Ely, MN 55731
$799,000
2 beds1 bath988 sq ft
2811 Schaeffer Rd, Ely, MN 55731
$259,000
3 beds1 bath1,064 sq ft
308 S 8th Ave. Ave E, Ely, MN 55731
See all

Provided by Redfin

Sale history for 2414 Passi Rd

Date

Event

Price

LSAR as distributed by WIREX #6099983

Nov 10, 2021

Sold

$840,000

$684/sq ft

Oct 1, 2021

Listed

$990,000

$806/sq ft

Burntside Lake Property you've been waiting for. Sunsets views in this well thought out and tastefully renovated (to the studs) home takes in all the beauty that Burnside Lake and Ely have to offer. 3acres and 370 feet of shoreline to enjoy and call your own. Main home features views for miles of Burntside's diamond glittering waters, covered and open decks, Northern white cedar cabin grade tongue and grove paneling throughout, White Oak engineered flooring allowing for in floor heat to keep you comfortable on those cool nights and cozy warm in winter. Floe dock tucked in on the 370 feet of shoreline, two car heated garage with a Two bedroom guest suite (built in 2006) above complete with kitchenette and private covered and open decks with build in seating, and 1100 sq ft of decks to be exact! . Home features include Minnesota's own Crystal cabinetry, Custom metal and stained glass lights, high powered generator just in case, and smoke, temp and alarm monitoring system. Turnkey home comes furnished

RAOR #141743

Nov 10, 2021

Sold

$840,000

$684/sq ft

Jun 25, 2021

Listed

$990,000

$806/sq ft

NORTHSTARMLS as Distributed by MLS Grid #6017128

Sep 30, 2021

Listing Removed

—

Sep 10, 2021

Relisted

—

Sep 9, 2021

Listing Removed

—

Aug 4, 2021

Price Changed

$990,000

$806/sq ft

Jul 9, 2021

Price Changed

$1,170,000

$953/sq ft

Jun 29, 2021

Listed

$1,270,000

$1,034/sq ft

Public Records

Aug 19, 2005

Sold

$630,000

$513/sq ft

Public Records

Aug 5, 2003

Sold

$396,000

$322/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$10,792 (+19.8%)

$704,200 + $322,200

$1,026,400

2025

$9,010 (+4.6%)

$613,400 + $255,100

$868,500

2024

$8,614 (+10.5%)

$605,300 + $231,200

$836,500

2023

$7,794 (+6.8%)

$514,800 + $192,300

$707,100

2022

$7,300 (−3.3%)

$437,900 + $167,600

$605,500

2021

$7,552 (+5.7%)

$437,900 + $167,600

$605,500

2020

$7,146 (+2.0%)

$437,900 + $167,600

$605,500

2019

$7,006 (+0.8%)

$450,700 + $157,200

$607,900

2018

$6,948 (−0.9%)

$450,700 + $157,200

$607,900

2017

$7,010 (−2.6%)

$450,700 + $157,200

$607,900

2016

$7,200 (−0.8%)

$474,100 + $157,200

$631,300

2014

$7,259 (−0.8%)

$474,100 + $159,500

$633,600

2013

$7,314

$474,100 + $159,500

$633,600

Tax history for 2414 Passi Rd

Year

Property tax

Land + Additions

Assessment*

2026

$10,792 (+19.8%)

$704,200 + $322,200

$1,026,400

2025

$9,010 (+4.6%)

$613,400 + $255,100

$868,500

2024

$8,614 (+10.5%)

$605,300 + $231,200

$836,500

2023

$7,794 (+6.8%)

$514,800 + $192,300

$707,100

2022

$7,300 (−3.3%)

$437,900 + $167,600

$605,500

2021

$7,552 (+5.7%)

$437,900 + $167,600

$605,500

2020

$7,146 (+2.0%)

$437,900 + $167,600

$605,500

2019

$7,006 (+0.8%)

$450,700 + $157,200

$607,900

2018

$6,948 (−0.9%)

$450,700 + $157,200

$607,900

2017

$7,010 (−2.6%)

$450,700 + $157,200

$607,900

2016

$7,200 (−0.8%)

$474,100 + $157,200

$631,300

2014

$7,259 (−0.8%)

$474,100 + $159,500

$633,600

2013

$7,314

$474,100 + $159,500

$633,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3.05 Acres

Year renovated

—

Sq. Ft.

808

Year built

—

Style

Single Family Residential

County

St. Louis County

APN

465-0040-01750

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Detached

Interior

Virtual Tour

Heating & Cooling
Has Heating
Heating: Propane, Radiant Floor

Interior Features
Appliances: Dryer, Refrigerator, Washer, Electric Water Heater

Room Information
Laundry Features: Electric Dryer Hookup
Has Basement
Basement Details: Full

Exterior

Exterior Features
Patio And Porch Features: Deck, Covered
Fencing: None
Roof: Asphalt, Shingle

Building Information
# of Stories Total: 2
Construction Materials: Frame, Wood Siding

Property Features
Waterfront Features: Lake

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Lot Information
Water Body Name: Burntside
Lot Size : 300 x330
Lot Size Acres: 3.06

Utilities

Utility Information
Sewer: Septic Tank

Location

Schools Information
School District: Ely-696

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 808
Stories: 1.0
Lot Size: 3.05 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: St. Louis County
APN: 465-0040-01750

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 4.8mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 4.8mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 4.8mi

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)

-5

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.4 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 2414 Passi Rd

Data from public records.

Address	Redfin Estimate
2417 Passi Rd, Ely, MN 1 Beds \| 1 Baths \| 848 Sq. Ft.	$397,533
2473 Passi Rd, Ely, MN - Beds \| 2 Baths \| 1280 Sq. Ft.	$585,166

Address	Redfin Estimate
2444 Passi Rd, Ely, MN 1 Beds \| 1 Baths \| 1260 Sq. Ft.	$689,157
2402 Passi Rd, Ely, MN 4 Beds \| 2 Baths \| 2731 Sq. Ft.	$1,221,314

Address	Redfin Estimate
2447 Passi Rd, Ely, MN 2 Beds \| 1 Baths \| 900 Sq. Ft.	$564,963
2398 Passi Rd, Ely, MN 4 Beds \| 3 Baths \| 3646 Sq. Ft.	$1,332,511

Property information provided by RAOR when last listed in 2021. This data may not match . Learn more.

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