1229 E Sheridan St, Ely, MN 55731
Property image
Property image
SOLD
MAY 8, 2026

1229 E Sheridan St
Ely, MN 55731

  • 2 Beds
  • 1.5 Baths
  • 1,012 sqft

$154,900

Last Sold: May 8, 2026
3% below list $160K
$153/sqft
Est. Refi. Payment $1,004/mo*
Refinance Your Home

$154,900

Last Sold: May 8, 2026
3% below list $160K
$153/sqft
Est. Refi. Payment $1,004/mo*
Refinance Your Home
2 Beds
1.5 Baths
1,012 sqft

Home Value

Trulia Estimate
$155K
Since last month
Decreased$700 (-0.4%)
Since last year
Decreased$31K (-16.8%)
Since last sale
Increased$400 (+0.3%)
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 +224% in the last 10 years
MonthEstimated value
2026
August 2026$155K
July 2026$156K
June 2026$156K
May 2026$155K
April 2026$161K
2024
2023
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
1127 E Chapman St, Ely, MN
0.10
Single-Family Home
$190,000
08/29/25
2
1.5
1,138
1135 E Harvey St, Ely, MN
0.15
Single-Family Home
$112,000
05/11/26
2
1
1,250
124 S 14th Ave E, Ely, MN
0.21
Single-Family Home
$210,000
10/09/25
3
1
1,186
1151 E Camp St, Ely, MN
0.07
Single-Family Home
$221,000
02/19/26
3
3
1,975
1239 E Washington St, Ely, MN
0.21
Single-Family Home
$234,000
05/04/26
3
1
1,160
416 E Camp St, Ely, MN
0.59
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
1027 E Chapman St, Ely, MN
0.15
Single-Family Home
$180,500
10/15/25
4
2
1,496

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
1215 E Chapman St, Ely, MN 55731
0.07
$161,400
4
1
2,184
Off Market
1127 E Chapman St, Ely, MN 55731
0.10
$194,800
2
1.5
1,138
Off Market
1151 E Camp St, Ely, MN 55731
0.07
$221,000
3
3
1,975
Recently Sold
1145 E Camp St, Ely, MN 55731
0.07
$199,700
3
2
1,800
Off Market
1203 E Camp St, Saint Ely, MN 55731
0.07
$161,300
2
1
-
Off Market
1111 E Camp St, Ely, MN 55731
0.10
$169,000
3
1
1,238
For Sale
1135 E Harvey St, Ely, MN 55731
0.15
$112,000
2
1
1,250
Recently Sold
1027 E Chapman St, Ely, MN 55731
0.15
$184,300
4
2
1,496
Off Market
1419 E Chapman St, Ely, MN 55731
0.16
$249,000
3
1.5
1,480
Recently Sold
1020 E Camp St, Ely, MN 55731
0.15
$144,000
3
1
1,050
Off Market

Local Information

  • Map ViewExplore the area around 1229 E Sheridan St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1935
Living Area
1,012 sqft
Price/Sqft
$153/sqft
Parking
Garage

About this House

Welcome to The Blue Moose, a charming and well-maintained 2 Bedroom, 1 Bath home, ideally located on Sheridan Street, Ely's vibrant main street. This licensed, turnkey short-term rental offers a proven and growing rental history, making it a fantastic investment or personal getaway. Inside you'll find warm wood accents, classic tin ceilings, and a blend of laminate and wood flooring that create a cozy, inviting atmosphere. The home features spacious front and back entry areas, adding both convenience and functionality. Recent updates include: new shingles on both the home and garage, freshly painted garage, updated appliances, new furnishings(included in the sale), egress window in the upper level, and mini split air conditioner system. Step outside to enjoy a private picnic area with privacy panels, perfect for relaxing or entertaining guests. The property also includes a two stall detached garage. Additional highlights: Fully furnished and move-in ready, Licensed short term rental with rental history available, compliant sewer system, prime location within walking distance to Ely's shops, dining, and outdoor attractions. Whether you're looking for an income producing property or a Northwoods retreat, The Blue Moose offers an unbeatable location and turnkey convenience. iBlue Moose Ely, Minnesota will access the current website.
1229 E Sheridan St, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,012 sqft single-family home built in 1935. It last sold for $154,900 on May 8, 2026 (3% below the $159,900 asking price). It is currently off market. The Trulia Estimate is $155,300, with a rent estimate of $1,544/month.
Last check for updates: about 20 hours ago
Listed by Patricia Bulinski, (218) 349-5595
Bear Island Realty LLC
Bought with: Jodi Nyman, (218) 343-1654, Z' Up North Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6124367

Home Details for 1229 E Sheridan St

Interior Features

Interior Details
Basement: Full,Unfinished,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 8Types of Rooms: Bedroom, Bathroom, Entry Hall, Kitchen, Living Room, Other
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (three quarters): 1Number of Bathrooms (quarter): 1
Dimensions and Layout
Living Area: 1012 Square FeetFoundation Area: 638
Appliances & Utilities
Utilities: Cable, Fiber Optic, SatelliteAppliances: Dryer, Microwave, Range, Refrigerator, WasherDryerLaundry: Dryer Hook-Ups,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,OilHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: City Of Ely
Windows, Doors, Floors & Walls
Flooring: Hardwood Floors
Levels, Entrance, & Accessibility
Number of Stories: 2Floors: Hardwood Floors
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Electrical Service,Slab
Frontage
Road Frontage: Curbs, State Road, Street LightsRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1012 Square Feet

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Fiber Board, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 030035200350

Price & Status

Price
List Price: $159,900Price Per Sqft: $153/sqft
Status Change & Dates
Off Market Date: Fri Apr 10 2026Possession 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: 5662.8 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6124367Attribution Contact: ***Above Grade Unfinished Area: 1012

Price and Tax history

DateEventPrice
May 8, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124367
Sold
$154,900
Apr 10, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124367
Pending
$159,900
Apr 7, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6124367
Listed For Sale
$159,900
Jan 6, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113923
ListingRemoved
$179,000
Jul 9, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113923
PriceChange
$179,000
Price decreased by 10%

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 2026-08-23 11:17:33 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 1229 E Sheridan St

  • What is 1229 E Sheridan St estimated to be worth?
    Trulia's estimated value for 1229 E Sheridan St in Ely, MN is $155,300.
  • What is the price history for 1229 E Sheridan St?
    1229 E Sheridan St in Ely, MN last sold for $154,900 in May 2026.
  • 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 1229 E Sheridan St have air conditioning?
    Yes, 1229 E Sheridan St in Ely, MN has air conditioning.
  • Does 1229 E Sheridan St have laundry facilities?
    Yes, 1229 E Sheridan St in Ely, MN has in-unit laundry.

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