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13434 Hickory Ave, Ely, MN, 55731

1beds
0baths
256sqft
$114,000
$445price/sqft
$951/moest. monthly cost
$38,040/yrincome needed

About This Home

Escape to the Northwoods with this cozy 1-room dry cabin located just outside Ely. Situated on 1.36 acres, this property offers plenty of space to enjoy the outdoors, relax, and make it your own. The cabin is equipped with electricity and provides a simple, rustic retreat surrounded by nature. The property features four storage sheds, offering ample room for storage, equipment, and outdoor essentials. With a large yard and open space, there's plenty of room for campfires, gatherings, gardening, or future improvements. Conveniently located just minutes from numerous lakes, public boat ramps, and endless recreational opportunities, this property provides the perfect balance of privacy and accessibility. Whether you're looking for a peaceful getaway, a seasonal retreat, or a place to enjoy all that the Ely area has to offer, this property is full of potential.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1997

Materials

  • Roof: Metal
  • Construction materials: Wood,Frame/Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Rustic
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Posts,N/A

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Main level bedrooms: 1

Features

  • Window features: Vinyl Windows
  • Finished area below ground: 0
  • Finished area above ground: 256

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total interior livable area: 256 sqft

Living Room

  • Level: Main
  • Area: 256
  • Dimensions: 16 x 16

Property

Details

  • Parcel number: 29638233210,33060,33505,33110
  • Foundation area: 256

Lot

  • Lot size: 1.36 Acres
  • Features: Corner Lot,Level
  • Lot size dimensions: 303 x 203

Parking

  • Parking features: Gravel,None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Winter Weather
Inland Flooding
Wildfire
Tsunami

FEMA Declared Disasters in Lake County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $576$6,912
Home Insurance *$166$1,992
Property Taxes $39$468
Electricity $170$2,050
Total$951$11,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,605/yr
40% on housing$28,530/yr
45% on housing$25,360/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.9%
16.9%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$445This listing

vs Other Active Listings

Avg $/sqft

ZIP 55731$219
Lake County$144

vs Homes Sold Last Month

Median $/sqft

ZIP 55731
Lake County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-24Listed for sale$114,000

For Sale by Agent

AgentGrace Phenning
BrokerageZ' Up North Realty

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