116 S 15th Ave E, Ely, MN 55731
Property image
Property image
OFF MARKET

$266,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,363 sqft

116 S 15th Ave E, Ely, MN 55731

Est. Refi. Payment $1,763/mo*
Refinance Your Home
Currently Off Market - Sold May 15, 2012 for $115,000

Home Value

Trulia Estimate
$267K
Since last month
Increased$14K (+5.4%)
Since last year
Increased$23K (+9.6%)
Since last sale
Increased$152K (+131.7%)
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 +152% in the last 10 years
MonthEstimated value
2026
September 2026$267K
August 2026$253K
July 2026$255K
June 2026$260K
May 2026$259K
April 2026$252K
March 2026$240K
February 2026$239K
January 2026$228K
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
1419 E Chapman St, Ely, MN
0.12
Single-Family Home
$249,000
07/29/26
3
1.5
1,480
1505 E Harvey St, Ely, MN
0.04
Single-Family Home
$265,000
08/27/26
3
2
2,128
124 S 14th Ave E, Ely, MN
0.07
Single-Family Home
$210,000
10/09/25
3
1
1,186
1027 E Chapman St, Ely, MN
0.33
Single-Family Home
$180,500
10/15/25
4
2
1,496
1135 E Harvey St, Ely, MN
0.25
Single-Family Home
$112,000
05/11/26
2
1
1,250
954 E Camp St, Ely, MN
0.44
Single-Family Home
$150,000
09/17/26
4
2
1,450
30 N 19th Ave E, Ely, MN
0.32
Single-Family Home
$140,000
09/01/26
3
1
912
1250 E Madison St, Ely, MN
0.30
Single-Family Home
$143,000
11/19/25
2
2
800
1151 E Camp St, Ely, MN
0.32
Single-Family Home
$221,000
02/19/26
3
3
1,975
1229 E Sheridan St, Ely, MN
0.26
Single-Family Home
$154,900
05/08/26
2
1.5
1,012

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
1512 E Harvey St, Ely, MN 55731
0.01
$267,900
4
2
2,152
Off Market
1505 E Harvey St, Ely, MN 55731
0.04
$265,000
3
2
2,128
Recently Sold
124 S 14th Ave E, Ely, MN 55731
0.07
$214,100
3
1
1,186
Off Market
112 S 16th Ave, Ely, MN 55731
0.06
$241,000
3
2
1,040
Off Market
1602 E Harvey St, Ely, MN 55731
0.07
$269,600
3
1.5
1,560
Off Market
1435 E White St, Ely, MN 55731
0.10
$318,400
3
2
1,880
Off Market
1419 E Chapman St, Ely, MN 55731
0.12
$249,000
3
1.5
1,480
Recently Sold
230 S 16th Ave E, Ely, MN 55731
0.10
$256,800
3
2
1,900
Off Market
207 S 17TH ST, Ely, MN 55731
0.12
$199,300
2
1
860
Off Market
1215 E Chapman St, Ely, MN 55731
0.23
$161,300
4
1
2,184
Off Market
1135 E Harvey St, Ely, MN 55731
0.25
$112,000
2
1
1,250
Recently Sold

Local Information

  • Map ViewExplore the area around 116 S 15th Ave E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1950
1,363 sqft
$196/sqft
Garage

About this House

This 3 bedroom, 1 bath home is situated on an 80x 140 nicely landscaped lot in a quiet neighborhood. It offers convenient living on one level with the 3 bedrooms, full bath, spacious living room and totally renovated kitchen with beautiful knotty alder wood cabinets, new flooring, new appliances and sink. The dining area has new French doors leading to a deck in the back yard. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Janet Erchul
116 S 15th Ave E, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,363 sqft single-family home built in 1950. It last sold for $115,000 on May 15, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $266,500, with a rent estimate of $1,945/month.

Home Details for 116 S 15th Ave E

Interior Features

Interior Details
BasementAdditional StorageStorage
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Price and Tax history

DateEventPrice
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$130,000
Oct 11, 2012
Source: Agent Provided
Listed For Sale
$130,000
May 26, 2012
Source: Agent Provided
ListingRemoved
$130,000
May 15, 2012
Source: Lake Superior Area Realtors as distributed by MLS GRID #1185272
Sold
$115,000
Jul 25, 2011
Source: Agent Provided
PriceChange
$130,000
Price decreased by 4%

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

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

Frequently asked questions about 116 S 15th Ave E

  • What is 116 S 15th Ave E estimated to be worth?
    Trulia's estimated value for 116 S 15th Ave E in Ely, MN is $266,500.
  • What is the price history for 116 S 15th Ave E?
    116 S 15th Ave E in Ely, MN last sold for $115,000 in May 2012.
  • 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 116 S 15th Ave E have air conditioning?
    Yes, 116 S 15th Ave E in Ely, MN has air conditioning.
  • Does 116 S 15th Ave E have a garage?
    Yes, 116 S 15th Ave E in Ely, MN has a garage.

Apartments for Rent

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Off Market Homes Near 116 S 15th Ave E

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