1 W Railroad St, Ely, MN 55731
Property image
Property image
OFF MARKET

$292,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,704 sqft (on 0.35 acres)

1 W Railroad St, Ely, MN 55731

Est. Refi. Payment $1,849/mo*
Refinance Your Home
Currently Off Market - Sold Jul 25, 2025 for $285,000

Home Value

Trulia Estimate
$293K
Since last month
Decreased$700 (-0.2%)
Since last year
Decreased$2K (-0.7%)
Since last sale
Increased$9K (+3.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +371% in the last 10 years
MonthEstimated value
2026
August 2026$294K
August 2026$293K
July 2026$294K
June 2026$295K
May 2026$294K
April 2026$285K
March 2026$284K
February 2026$275K
January 2026$268K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
24 E Conan St, Ely, MN
0.52
Single-Family Home
$272,500
07/10/26
4
1.5
1,400
85 W Chandler St., Ely, MN
0.27
Single-Family Home
$161,000
11/04/25
3
1
1,275
246 N 5th Ave E, Ely, MN
0.47
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
313 E Chapman St, Ely, MN
0.45
Single-Family Home
$216,000
03/02/26
4
2.5
1,824
416 E Camp St, Ely, MN
0.44
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
232 W Sheridan St, Ely, MN
0.34
Single-Family Home
$194,000
10/06/25
3
1
963
2 E Conan St, Ely, MN
0.53
Single-Family Home
$178,000
08/24/26
3
2
1,472
45 W Chapman St, Ely, MN
0.36
Single-Family Home
$115,000
06/29/26
4
1.5
1,500
23 W Harvey St, Ely, MN
0.42
Single-Family Home
$190,000
04/06/26
4
1.5
2,484
235 E Harvey St, Ely, MN
0.48
Single-Family Home
$164,000
06/18/26
3
2
1,299

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
101 W Railroad St, Ely, MN 55731
0.10
$275,000
3
2
1,680
For Sale
43 N Klondike Dr, Ely, MN 55731
0.21
$82,700
3
1
704
Off Market
15 W Shagawa Rd, Ely, MN 55731
0.18
$178,500
3
2
1,478
Off Market
51 Chandler Rd, Ely, MN 55731
0.19
-
-
-
-
Off Market
52 W Chandler Rd, Ely, MN 55731
0.19
$249,000
Studio
1
786
For Sale
25 W Shagawa Rd, Ely, MN 55731
0.19
$142,400
2
1
1,005
Off Market
13 Yukon, Ely, MN 55731
0.24
$225,800
3
2
1,393
Off Market
32 W Shagawa Rd, Ely, MN 55731
0.22
$205,900
4
2
2,520
Off Market

Local Information

  • Map ViewExplore the area around 1 W Railroad St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1910
0.35 acre lot
1,704 sqft
$172/sqft
2 Car Garage

About this House

Charming home fully renovated in prime Ely location! This beautifully restored 3-bedroom, 2-bathroom home blends historic charm with modern efficiency. Originally built in 1910, the home has been completely renovated down to the studs while preserving its timeless character. Gleaming refinished wood floors, thoughtfully updated finishes, and high energy efficiency throughout make this a rare find. The main level features a bedroom and 3/4 bathroom for added convenience, while the upstairs hosts two additional bedrooms and a second full bath. A fully insulated attached 2-car garage offers year-round comfort and easy access. The full basement provides ample storage or potential for additional living space. Situated directly across from Miners Lake and the scenic Trezona Trail, this property offers an unbeatable Ely location. The fenced garden with raised beds and a 12’ x 20’ storage shed with concrete floor complete the exterior features, making this home ideal for outdoor enthusiasts, gardeners, or anyone looking to enjoy the best of northern Minnesota living.
1 W Railroad St, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,704 sqft single-family home built in 1910. It last sold for $285,000 on Jul 25, 2025 (4% below the $297,500 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $292,700, with a rent estimate of $1,835/month.
Last check for updates: about 21 hours ago
Listed by Lori Schulze, (218) 343-1787
Keller Williams Classic Realty NW - Ely
Heather Franciskovich, (218) 235-3895
Keller Williams Classic Realty NW - Ely
Bought with: Nonmember NONMEMBER, Nonmember Office
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6119807

Home Details for 1 W Railroad St

Interior Features

Interior Details
Basement: Full,Partially Finished,Walkout,Family/Rec Room,Utility Room,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1704 Square FeetFoundation Area: 1128
Appliances & Utilities
Appliances: Water Heater-Electric, Dishwasher, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Dryer Hook-Ups,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,PropaneHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: City Of Ely
Windows, Doors, Floors & Walls
Window: Energy WindowsFlooring: Hardwood Floors, Tiled Floors
Levels, Entrance, & Accessibility
Number of Stories: 1Accessibility: Partially WheelchairFloors: Hardwood Floors, Tiled Floors
View
Has a ViewView: Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt Shingle MetalFencing: PartialOther Structures: Storage ShedFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Gravel,Attached,Electrical Service,Insulation,Slab
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1704 Square Feet

Days on Market

Cumulative Days on Market: 6

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Cement Board, Frame/Wood
Property Information
Parcel Number: 030016500280, 030003000250

Price & Status

Price
List Price: $297,500
Status Change & Dates
Off Market Date: Mon Jun 09 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 0.35 acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6119807Attribution Contact: ***Above Grade Unfinished Area: 1704

Price and Tax history

DateEventPrice
Jul 25, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119807
Sold
$285,000
Jun 18, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119807
Pending
$297,500
Jun 10, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119807
Contingent
$297,500
Jun 3, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6119807
Listed For Sale
$297,500
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$63,900

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
98
2MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
    Flag
  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
    Flag
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
    0
    Flag
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-07 17:47:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 1 W Railroad St

  • What is 1 W Railroad St estimated to be worth?
    Trulia's estimated value for 1 W Railroad St in Ely, MN is $292,700.
  • What is the price history for 1 W Railroad St?
    1 W Railroad St in Ely, MN last sold for $285,000 in July 2025.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • Does 1 W Railroad St have air conditioning?
    Yes, 1 W Railroad St in Ely, MN has air conditioning.
  • Does 1 W Railroad St have laundry facilities?
    Yes, 1 W Railroad St in Ely, MN has in-unit laundry.

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