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Seasonal, Cabin, Vacation ResidenceResidential
Last sold for $450,000 on May 20, 2008

287 SHADY LN

ELY, MN 55731
1
Beds
1
Baths
812 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.1 ac
Lot SizeThe size of the land the home sits on, from county records.
1984
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$450,000 · May 20, 2008

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,032 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$358,400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$261,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$96,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$310,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$358,400

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.38
41
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
32
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
39
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
60
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.38 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Seasonal, Cabin, Vacation Residence
StyleThe architectural style of the home, such as ranch or colonial.Rustic
CountyLAKE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1990
Lot (acres)The size of the land the home sits on, from county records.1.10
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Galvanized
HeatingThe type of heating system in the home.Space
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.Pool W/Hot Tub/Spa
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.SaunaDeck · 48 ft²Porch · 320 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Two Harbors Secondary SchoolC
Middle · Grades 6–12 · 62.8 mi
E
Minnehaha Elementary SchoolB
Elementary · Grades PK–5 · 64.5 mi

District: Lake Superior Public School District

Neighborhood · ZIP 55731These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.157
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.57%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.6,010
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$60,740
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,169
Average tempThe average temperature here across a full year.37°F
Annual precipHow much rain and melted snow falls here in a typical year.29 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.52%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

287 Shady Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Smaller than 70% of homes in Ely 55731

How it measures up in Ely 55731

The dot is this home. The mark in the middle is the typical home in Ely 55731.

Living area812 ft²
SmallerTypical 1,078 ft²Bigger

Bigger than 30% of homes nearby

Lot size1.1 ac
SmallerTypical 1.15 acBigger

Bigger than 49% of homes nearby

Year built1984
OlderTypical 1976Newer

Newer than 59% of homes nearby

How 287 Shady Ln ranks against every home in each area.
MeasureThis homeEly 55731Lake County
Living areabigger than812 ft²30% of homes31% of homes
Lot sizebigger than1.1 ac49% of homes46% of homes
Year builtnewer than198459% of homes59% of homes

About 287 Shady Ln

When did 287 Shady Ln, Ely, MN last sell?

287 Shady Ln, Ely, MN last sold on May 20, 2008 for $450,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 287 Shady Ln, Ely, MN?

287 Shady Ln, Ely, MN has 1 bedrooms, 1 bathrooms, 812 square feet of living space and a 1.10-acre lot.

When was 287 Shady Ln, Ely, MN built?

287 Shady Ln, Ely, MN was built in 1984, making it 42 years old. It is a rustic home. The building has 1 story.

What schools serve 287 Shady Ln, Ely, MN?

287 Shady Ln, Ely, MN is assigned to Two Harbors Secondary School (middle), rated C; Minnehaha Elementary School (elementary), rated B. All sit in Lake Superior Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 287 Shady Ln, Ely, MN compare to other homes in Ely 55731?

Among the 5,982 homes in Ely 55731, it is bigger than 30% of them (812 ft² against a typical 1,078 ft²), its lot is bigger than 49% of them (1.1 ac against a typical 1.15 ac) and it is newer than 59% of them (1984 against a typical 1976). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 287 Shady Ln, Ely, MN?

The 2026 property tax bill for 287 Shady Ln, Ely, MN was $2,032. The county assessed it at $358,400.

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