1047 E Sheridan St, Ely, MN 55731
OFF MARKET

1047 E Sheridan St
Ely, MN 55731

  • 3 Beds
  • 1 Bath
  • 720 sqft

$582,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,567/mo*
Refinance Your Home

$582,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $3,567/mo*
Refinance Your Home
3 Beds
1 Bath
720 sqft

Home Value

Trulia Estimate
$582K
Since last month
Decreased$4K (-0.7%)
Since last year
Decreased$35K (-5.6%)
Since last sale
Increased$146K (+32.9%)
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 +42% in the last 10 years
MonthEstimated value
2026
August 2026$590K
July 2026$625K
June 2026$594K
May 2026$591K
April 2026$584K
March 2026$588K
February 2026$551K
January 2026$539K
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
940 E Chapman St, Ely, MN
0.13
Single-Family Home
$142,500
06/18/26
3
1
672
1239 E Washington St, Ely, MN
0.26
Single-Family Home
$234,000
05/04/26
3
1
1,160
1229 E Sheridan St, Ely, MN
0.13
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
124 S 14th Ave E, Ely, MN
0.30
Single-Family Home
$210,000
10/09/25
3
1
1,186
1250 E Madison St, Ely, MN
0.21
Single-Family Home
$143,000
11/19/25
2
2
800
1135 E Harvey St, Ely, MN
0.15
Single-Family Home
$112,000
05/11/26
2
1
1,250
1127 E Chapman St, Ely, MN
0.10
Single-Family Home
$190,000
08/29/25
2
1.5
1,138
1027 E Chapman St, Ely, MN
0.08
Single-Family Home
$180,500
10/15/25
4
2
1,496
549 E Washington St, Ely, MN
0.36
Single-Family Home
$60,000
10/08/25
3
1
787
1419 E Chapman St, Ely, MN
0.28
Single-Family Home
$249,000
07/29/26
3
1.5
1,480

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
1027 E Chapman St, Ely, MN 55731
0.08
$180,500
4
2
1,496
Recently Sold
967 E Sheridan St, Ely, MN 55731
0.07
$194,100
2
1
1,122
Off Market
1020 E Camp St, Ely, MN 55731
0.04
$144,100
3
1
1,050
Off Market
1127 E Chapman St, Ely, MN 55731
0.10
$193,700
2
1.5
1,138
Off Market
1003 E Camp St, Ely, MN 55731
0.07
$231,300
2
2
1,936
Off Market
1111 E Camp St, Ely, MN 55731
0.09
$169,000
3
1
1,238
For Sale
843 E Chapman St, Ely, MN 55731
0.16
$151,300
3
2
2,000
Off Market
1004 Madison St, Ely, MN 55731
0.11
$187,200
2
2
1,650
Off Market
1135 E Harvey St, Ely, MN 55731
0.15
$112,000
2
1
1,250
Recently Sold
1215 E Chapman St, Ely, MN 55731
0.13
$166,200
4
1
2,184
Off Market
1145 E Camp St, Ely, MN 55731
0.11
$201,400
3
2
1,800
Off Market

Local Information

  • Map ViewExplore the area around 1047 E Sheridan St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1960
Living Area
720 sqft
Price/Sqft
$809
Parking
Garage

About this House

This single-family home is located at 1047 E Sheridan St, Ely, MN. 1047 E Sheridan St is in Ely, MN and in ZIP code 55731. This property has 3 bedrooms, 1 bathroom and approximately 720 sqft of floor space. This property was built in 1960.
1047 E Sheridan St, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 720 sqft single-family home built in 1960. It last sold for $443,939 on Jul 22, 2021. It is currently off market. The Trulia Estimate is $582,400, with a rent estimate of $1,461/month.

Home Details for 1047 E Sheridan St

Interior Features

Interior Details
BasementTypes of Rooms: Office
Heating & Cooling
Heating: OtherCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Elevator
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1960Year Updated: 1965
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Other
Parking & Garage
GarageParking: Garage Detached, Off Street

Community

Units in Building: 1

Price and Tax history

DateEventPrice
Jul 22, 2021
Source: N/A
Sold
$443,939
Jan 2, 2004
Source: N/A
Sold
$550,000

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
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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. "
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  • 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
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  • 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
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  • 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
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Apartments for Rent

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Homes for sale near 1047 E Sheridan St

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Off Market Homes Near 1047 E Sheridan St

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Frequently asked questions about 1047 E Sheridan St

  • What is 1047 E Sheridan St estimated to be worth?
    Trulia's estimated value for 1047 E Sheridan St in Ely, MN is $582,400.
  • What is the price history for 1047 E Sheridan St?
    1047 E Sheridan St in Ely, MN last sold for $443,939 in July 2021.
  • 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 1047 E Sheridan St have air conditioning?
    Yes, 1047 E Sheridan St in Ely, MN has air conditioning.
  • Does 1047 E Sheridan St have a garage?
    Yes, 1047 E Sheridan St in Ely, MN has a garage.