OFF MARKET

Off Market May 2020 for $229K

$489,588

•

1,440

sq ft

2532 Verbick Rd, Ely, MN 55731

About this home

Year round living or an amazing retreat opportunity! The serenity and breathtaking lake views are worth the drive! The beautiful stone fireplace is centrally located for optimal charm and ambience while you entertain or enjoy a quiet evening in! Multiple decks to enjoy the weather and stunning views, along with a large screen porch! The oversized two car garage offers an additional workshop space and offers a separate electrical panel. The stair case leads you to the lakeshore and cable system dock. You won't want to miss this one!

Single-familyProperty Type

1996Year Built

0.7 acresLot Size

$340Est. Price/Sq.Ft.

2 car garageParking

Listed by Tim Collelo • Tim Collelo Realty, LLC

Bought with Jerry Fink • Canoe Capital Realty, LLC

Redfin checked: a minute ago

•Source:LSAR #6087839

Redfin Estimate

$489,588

$260K since sold in May 2020$16K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 58.4% higher than the average sale price ($309K) of 6 comparable homes.

SOLD JUL 29, 2026
$610,000
A
2 beds2 baths— sq ft
1787 N Bay Rd, Ely, MN 55731
SOLD JUN 22, 2026
$108,000
B
2 beds2 baths— sq ft
50 Beech Ct, Babbitt, MN 55706
SOLD MAY 1, 2026
$626,000
C
2 beds2 baths1,258 sq ft
1471 N Pioneer Rd, Ely, MN 55731
SOLD JUL 29, 2026
$249,000
D
3 beds1.5 baths1,480 sq ft
1419 E Chapman St, Ely, MN 55731
SOLD AUG 12, 2026
$135,000
E
2 beds2 baths— sq ft
42 Garden Cir, Babbitt, MN 55706
SOLD JUN 5, 2026
$127,000
F
2 beds2 baths1,382 sq ft
31 Garden Cir, Babbitt, MN 55706

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Rent

$2,773/mo

Redfin rental estimate

List your home for rent

Market trends in 55731, MN

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.7%

0.3% MoM

Median sale price

$265K

$31K MoM

Avg. days on market

53d

0 days MoM

Recently sold homes

9 MoM

New listings for sale

$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
$684,500
3 beds2 baths1,806 sq ft
214 Cedar Ln, Ely, MN 55731
VIDEO TOUR
$887,900
2 beds1 bath525 sq ft
3530 North Arm Rd, Ely, MN 55731
$117,000
3 beds1 bath918 sq ft
31 E Harvey St, Ely, MN 55731
3D WALKTHROUGH
$395,000
2 beds1 bath955 sq ft
13412 Bear Paw Trl, Ely, MN 55731
3D WALKTHROUGH
$449,000
2 beds2 baths1,389 sq ft
1772 Hwy 120, Ely, MN 55731
3D WALKTHROUGH
$850,000
3 beds2 baths1,904 sq ft
14653 & 14655 Hulstrand Rd, Ely, MN 55731
See all

Provided by Redfin

Sale history for 2532 Verbick Rd

Date

Event

Price

LSAR #6087839

May 29, 2020

Sold

$229,669

$159/sq ft

Dec 24, 2019

Listed

$220,000

$153/sq ft

NORTHSTARMLS as Distributed by MLS Grid #MAM6001937

Sep 17, 2014

Listing Removed

—

Jul 23, 2014

Price Changed

$365,000

$253/sq ft

Apr 2, 2014

Price Changed

$425,000

$295/sq ft

Mar 21, 2014

Price Changed

$349,500

$243/sq ft

Mar 9, 2014

Listed

$339,900

$236/sq ft

NORTHSTARMLS as Distributed by MLS Grid #MAM24612

Apr 24, 2012

Listed

$339,900

$236/sq ft

NORTHSTARMLS as Distributed by MLS Grid #MAM29583

Mar 15, 2011

Listed

$358,900

$249/sq ft

NORTHSTARMLS as Distributed by MLS Grid #MAM22248

Jul 16, 2007

Listed

$489,000

$340/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$4,296 (−0.6%)

$177,200 + $227,900

$405,100

2025

$4,320 (+24.6%)

$177,200 + $227,900

$405,100

2024

$3,468 (+11.6%)

$143,200 + $182,000

$325,200

2023

$3,108 (−4.1%)

$130,400 + $135,400

$265,800

2022

$3,240 (−5.9%)

$120,700 + $130,100

$250,800

2021

$3,444 (+23.4%)

$110,400 + $140,200

$250,600

2020

$2,792 (−3.9%)

$110,400 + $140,200

$250,600

2019

$2,904 (+0.7%)

$115,684 + $136,580

$252,264

2018

$2,884 (−0.7%)

$115,684 + $136,580

$252,264

2017

$2,904 (+1.3%)

$109,048 + $143,434

$252,482

2016

$2,868 (+3.3%)

$109,100 + $143,400

$252,500

2014

$2,776 (−3.4%)

$109,100 + $143,400

$252,500

2013

$2,873

$114,400 + $151,200

$265,600

Tax history for 2532 Verbick Rd

Year

Property tax

Land + Additions

Assessment*

2026

$4,296 (−0.6%)

$177,200 + $227,900

$405,100

2025

$4,320 (+24.6%)

$177,200 + $227,900

$405,100

2024

$3,468 (+11.6%)

$143,200 + $182,000

$325,200

2023

$3,108 (−4.1%)

$130,400 + $135,400

$265,800

2022

$3,240 (−5.9%)

$120,700 + $130,100

$250,800

2021

$3,444 (+23.4%)

$110,400 + $140,200

$250,600

2020

$2,792 (−3.9%)

$110,400 + $140,200

$250,600

2019

$2,904 (+0.7%)

$115,684 + $136,580

$252,264

2018

$2,884 (−0.7%)

$115,684 + $136,580

$252,264

2017

$2,904 (+1.3%)

$109,048 + $143,434

$252,482

2016

$2,868 (+3.3%)

$109,100 + $143,400

$252,500

2014

$2,776 (−3.4%)

$109,100 + $143,400

$252,500

2013

$2,873

$114,400 + $151,200

$265,600

*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

0.84 Acres

Year renovated

—

Sq. Ft.

1,440

Year built

1960

Style

Single Family Residential

County

St. Louis County

APN

625-0025-00140

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

Bathroom Information
# of Three Quarter Bathrooms: 2

Heating & Cooling
Has Heating
Heating: Fireplace(s), Propane, Ductless

Interior Features
Interior Features: Master Downstairs
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Gas

Room Information
Basement Details: Crawl Space

Exterior

Building Information
Above Grade Finished Area: 1,440
# of Stories Total: 1
Foundation Details: Pillar/Post/Pier

Property Features
On Waterfront
Waterfront Features: Lake

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Detached

Lot Information
Water Body Name: Bear Island
Lot Size Dimensions: 84 x 360 (estimated)
Lot Size Acres: 0.7

Financial

Tax Information
Tax Annual Amount: $2,904

Utilities

Utility Information
Water Source: Private
Sewer: Private Sewer

Location

Schools Information
High School District: Ely #696

Location Information
Directions: HWY 21 North of Babbitt, West on Verbick Road. Sign out front

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,440
Stories: 1.0
Lot Size: 0.84 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: St. Louis County
APN: 625-0025-00140

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 9.2mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 9.1mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 9.1mi

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

1/10 Fire Factor

Unlikely to be 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 8.5 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

8.5 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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3D WALKTHROUGH

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Home values near 2532 Verbick Rd

Data from public records.

Address	Redfin Estimate
2515 Verbick Rd, Ely, MN 2 Beds \| 1 Baths \| 768 Sq. Ft.	$268,513
2528 Verbick Rd, Ely, MN 2 Beds \| 1.5 Baths \| 1680 Sq. Ft.	$527,935

Address	Redfin Estimate
2518 Verbick Rd, Ely, MN 2 Beds \| 1 Baths \| 864 Sq. Ft.	$298,002
2540 Verbick Rd, Ely, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$953,484

Address	Redfin Estimate
2506 Verbick Rd, Ely, MN 3 Beds \| 2 Baths \| 1264 Sq. Ft.	$492,569
2544 Verbick Rd, Ely, MN 2 Beds \| 1 Baths \| 780 Sq. Ft.	—

Property information provided by LSAR when last listed in 2019. This data may not match . Learn more.

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