OFF MARKET

Off Market Aug 2018 for $414K

$953,484

•

—

sq ft

2540 Verbick Road Rd, Ely, MN 55731

About this home

Single-familyProperty Type

1992Year Built

2.5 acresLot Size

3 car garageParking

Listed by Lisa Janisch • Janisch Realty, Inc

Redfin checked: 3 minutes ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #4894496

Redfin Estimate

$953,484

$539K since sold in August 2018$7,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 160% higher than the average sale price ($367K) of 6 comparable homes.

SOLD JUL 29, 2026
$610,000
A
2 beds2 baths— sq ft
1787 N Bay Rd, Ely, MN 55731
SOLD MAY 1, 2026
$626,000
B
2 beds2 baths1,258 sq ft
1471 N Pioneer Rd, Ely, MN 55731
SOLD JUN 22, 2026
$108,000
C
2 beds2 baths— sq ft
50 Beech Ct, Babbitt, MN 55706
SOLD JUL 31, 2026
$519,000
D
3 beds2 baths1,320 sq ft
413 Sunset Rd, Ely, MN 55731
SOLD JUL 27, 2026
$210,000
E
2 beds1 bath1,215 sq ft
13464 Chestnut Dr, Ely, MN 55731
SOLD JUN 5, 2026
$127,000
F
2 beds2 baths1,382 sq ft
31 Garden Cir, Babbitt, MN 55706

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Earn from this home

Rent

$3,672/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 2540 Verbick Road Rd

Date

Event

Price

RAOR #133407

Aug 28, 2018

Sold

$414,250

Dec 1, 2017

Listed

$448,500

Custom One Owner Bear Island Lake Home Set On Apx 300 Ft SW Facing Shoreline, SAND BEACH, Private Gradual 2.5 Acres, Beautiful Island Studded Views, 10 Mile Paved Rd To Ely-Clear Water, Sun All Day Long & Gorgeous Sunsets! This is a 2362 acre lake in Bear Island State Forest, 62 ft deep, stocked w/ walleye. Built 1992, 2464SF, 2+BR/2BTH cedar sided home. Huge kitchen (w/ island & maple flr) open to dining & living-all lakeside, flooded w/ natural light & views-3 sets of glass doors open to wrap around lakefront deck. Lakeside master w/ full bth, glass doors open to lakefront deck. Main flr guest BR & bth. Main flr laundry. Wlkout basement offers high ceiling, in flr heat, plumbed for sauna & full bth, area for addl BR & family rm, firepl, glass doors to lakeside patio. Open yard, 2 stall garage, RV garage, storage bldg, boat launch, Anderson windows, newer roof, high speed internet, log sauna by the lake! Click on link to view 3D Tour!

NORTHSTARMLS as Distributed by MLS Grid #4894496

Aug 28, 2018

Sold

$414,250

Aug 3, 2018

Contingent

—

Jul 12, 2018

Price Changed

$448,500

Feb 13, 2018

Price Changed

$469,000

Dec 1, 2017

Listed

$474,500

LSAR #6032467

Aug 28, 2018

Sold

$414,250

Dec 1, 2017

Listed

$448,500

+19

NORTHSTARMLS as Distributed by MLS Grid #4781443

Nov 30, 2017

Listing Removed

—

Dec 7, 2016

Listed

$474,500

Year

Property tax

Land + Additions

Assessment*

2026

$11,128 (−0.2%)

$357,400 + $639,700

$997,100

2025

$11,154 (+26.8%)

$357,400 + $639,700

$997,100

2024

$8,794 (+5.8%)

$287,100 + $511,100

$798,200

2023

$8,312 (+5.8%)

$260,700 + $442,700

$703,400

2022

$7,858 (+6.5%)

$247,500 + $367,800

$615,300

2021

$7,376 (+53.2%)

$225,500 + $328,300

$553,800

2020

$4,816 (−1.7%)

$225,500 + $328,300

$553,800

2019

$4,898 (−5.0%)

$241,700 + $174,200

$415,900

2018

$5,158 (+6.4%)

$241,800 + $174,200

$416,000

2017

$4,846 (+1.2%)

$231,115 + $180,834

$411,949

2016

$4,790 (+3.3%)

$231,100 + $180,800

$411,900

2014

$4,639 (−2.7%)

$231,100 + $180,800

$411,900

2013

$4,766

$241,300 + $188,800

$430,100

Tax history for 2540 Verbick Road Rd

Year

Property tax

Land + Additions

Assessment*

2026

$11,128 (−0.2%)

$357,400 + $639,700

$997,100

2025

$11,154 (+26.8%)

$357,400 + $639,700

$997,100

2024

$8,794 (+5.8%)

$287,100 + $511,100

$798,200

2023

$8,312 (+5.8%)

$260,700 + $442,700

$703,400

2022

$7,858 (+6.5%)

$247,500 + $367,800

$615,300

2021

$7,376 (+53.2%)

$225,500 + $328,300

$553,800

2020

$4,816 (−1.7%)

$225,500 + $328,300

$553,800

2019

$4,898 (−5.0%)

$241,700 + $174,200

$415,900

2018

$5,158 (+6.4%)

$241,800 + $174,200

$416,000

2017

$4,846 (+1.2%)

$231,115 + $180,834

$411,949

2016

$4,790 (+3.3%)

$231,100 + $180,800

$411,900

2014

$4,639 (−2.7%)

$231,100 + $180,800

$411,900

2013

$4,766

$241,300 + $188,800

$430,100

*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

2.6 Acres

Year renovated

—

Sq. Ft.

3,072

Year built

2019

Style

Single Family Residential

County

St. Louis County

APN

625-0025-00170

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Property details

Parking

Parking Information
Parking Features: Asphalt, Garage Door Opener
Garage Spaces: 3
Garage Dimensions: 40x32

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 2

Bathroom Information
# of Three Quarter Baths (Total): 2
Description: 3/4 Master,Private Master

Room 1 Information
Room Type: Living Room
Room Dimensions: 15x13.5
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 13.5x12.5
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 16x13.5
Room Level: Main

Room 4 Information
Room Type: Bedroom 1
Room Dimensions: 17x13
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 13x11
Room Level: Main

Basement Information
Basement Features: Block, Full, Partially Finished, Walkout

Dining Room Information
Dining Room Features: Informal Dining Room,Kitchen/Dining Room

Other Rooms Information
Main Floor Bedroom

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Gas

Heating & Cooling
Heating Information: Boiler, Radiant Floor
Cooling Information: None

Interior Features
Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Exterior

Building Information
Construction Materials: Wood Siding
Foundation Area: 1,232
Roof: Asphalt

Waterfront Information
On Waterfront
Waterfront Features: Lake Front
Water Body Name: Bear Island
Waterfront Num: 69011500
Lake Acres: 2,362
Lake Classification: Recreational Development
Lake Depth: 62
Waterfront Feet: 320

Property Information
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Additional Garage, Other, Storage Shed
Above Grade Finished Area: 1,232
Amenities: Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Sauna,Washer/Dryer Hookup

Lot Information
Lot Features: Irregular Lot, Tree Coverage - Medium
Lot Size Area: 2.5
Lot Size Units: Acres
Lot Size Dimensions: 548x320
Road Frontage Type: County Road, Paved Streets

Financial

Assessment Information
Other Annual Assessment Amount: $60

Tax Information
Tax Annual Amount: $5,098
Tax Year: 2018
Tax With Assessments: $5,158

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: Well
Sewer: Private Sewer
Fuel: Propane

Location

School Information
High School District: Ely
School District Number: 696
School District Phone: 218-365-6166

Location Information
Directions: From Ely, S. on Hwy 21, W. on Bear Island River Rd., L. on Verbick Rd. to Fire #.
Map Coordinate: 999-A1
Topography: Rolling

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 3,072
Stories: 1.0
Lot Size: 2.6 acres
Style: Single Family Residential
Year Built: 2019
Year Renovated: —
County: St. Louis County
APN: 625-0025-00170

Home facts updated by county records on Aug 7, 2026

Other

Home Information
Living Area: 1232
Levels: One

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 9.2mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 9.2mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 9.2mi

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

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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Home values near 2540 Verbick Road Rd

Data from public records.

Address	Redfin Estimate
2532 Verbick Rd, Ely, MN 2 Beds \| 2 Baths \| 1440 Sq. Ft.	$489,588
2506 Verbick Rd, Ely, MN 3 Beds \| 2 Baths \| 1264 Sq. Ft.	$492,569

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
2544 Verbick Rd, Ely, MN 2 Beds \| 1 Baths \| 780 Sq. Ft.	—

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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