1541 E Sheridan St, Ely, MN 55731
Property image
Property image
OFF MARKET

1541 E Sheridan St
Ely, MN 55731

  • 3 Beds
  • 1 Bath
  • 1,040 sqft

$108,500

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $726/mo*
Refinance Your Home

$108,500

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $726/mo*
Refinance Your Home
3 Beds
1 Bath
1,040 sqft

Home Value

Trulia Estimate
$109K
Since last month
Increased$5K (+5%)
Since last year
Increased$14K (+15.2%)
Since last sale
Increased$86K (+391.4%)
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 +67% in the last 10 years
MonthEstimated value
2026
August 2026$108K
July 2026$104K
June 2026$103K
May 2026$101K
April 2026$98K
March 2026$96K
February 2026$86K
January 2026$86K
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
0.11
Single-Family Home
$249,000
07/29/26
3
1.5
1,480
1239 E Washington St, Ely, MN
0.26
Single-Family Home
$234,000
05/04/26
3
1
1,160
124 S 14th Ave E, Ely, MN
0.22
Single-Family Home
$210,000
10/09/25
3
1
1,186
1229 E Sheridan St, Ely, MN
0.22
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
1029 E White St, Ely, MN
0.44
Single-Family Home
$120,000
12/12/25
2
1
2,166
1135 E Harvey St, Ely, MN
0.32
Single-Family Home
$112,000
05/11/26
2
1
1,250
1027 E Chapman St, Ely, MN
0.36
Single-Family Home
$180,500
10/15/25
4
2
1,496
915 E James St, Ely, MN
0.59
Single-Family Home
$25,000
11/20/25
3
1
1,386
845 E White St, Ely, MN
0.56
Single-Family Home
$108,960
12/22/25
2
1
1,150
1510 E Conan St, Ely, MN
0.23
Single-Family Home
$150,000
09/09/25
3
2
1,214

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
1419 E Chapman St, Ely, MN 55731
0.11
$249,000
3
1.5
1,480
Recently Sold
1602 E Harvey St, Ely, MN 55731
0.17
$275,800
3
1.5
1,560
Off Market
1512 E Harvey St, Ely, MN 55731
0.17
$268,200
4
2
2,152
Off Market
112 S 16th Ave, Ely, MN 55731
0.18
$240,700
3
2
1,040
Off Market
124 S 14th Ave E, Ely, MN 55731
0.22
$213,700
3
1
1,186
Off Market
207 S 17TH ST, Ely, MN 55731
0.24
$195,000
2
1
860
Off Market
230 S 16th Ave E, Ely, MN 55731
0.26
$267,800
3
2
1,900
Off Market
1229 E Sheridan St, Ely, MN 55731
0.22
$154,900
2
1.5
1,012
Recently Sold
1203 E Camp St, Saint Ely, MN 55731
0.22
$166,700
2
1
-
Off Market
1215 E Chapman St, Ely, MN 55731
0.25
$166,200
4
1
2,184
Off Market
1435 E White St, Ely, MN 55731
0.27
$322,000
3
2
1,880
Off Market
1151 E Camp St, Ely, MN 55731
0.25
$221,000
3
3
1,975
Recently Sold

Local Information

  • Map ViewExplore the area around 1541 E Sheridan St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Living Area
1,040 sqft
Price/Sqft
$104
Parking
Garage

About this House

Garage is grandfathered in where it sits, had living Quarters above. This property is now under auction terms. Auction dates are 10/06/09-10/11/09. Anypresale offers should be submitted to Hudson & Marshall by clicking http://www.hudsonandmarshall.com then on the Bid Now icon. Bids will be taken duringpre and post sale at the aforementioned website. You may bid in person at the ballroom or on-site auction as well. No minimum starting bid required.
1541 E Sheridan St, Ely, MN 55731 is a 3 bedroom, 1 bathroom, 1,040 sqft single-family home built in 1900. It last sold for $22,000 on Sep 18, 2009. It is currently off market. The Trulia Estimate is $108,500, with a rent estimate of $1,587/month.

Home Details for 1541 E Sheridan St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: OtherCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
Exterior: Other
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 7840 sqft

Price and Tax history

DateEventPrice
Sep 18, 2009
Source: Lake Superior Area Realtors as distributed by MLS GRID #148585
Sold
$22,000
Sep 5, 2009
Source: Agent Provided
Listed For Sale
$22,000
Aug 23, 2009
Source: Agent Provided
ListingRemoved
$0
Aug 8, 2009
Source: Agent Provided
Listed For Sale
$0
Nov 5, 2008
Source: N/A
Sold
$50,250

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
    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
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Apartments for Rent

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Homes for sale near 1541 E Sheridan St

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Off Market Homes Near 1541 E Sheridan St

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Frequently asked questions about 1541 E Sheridan St

  • What is 1541 E Sheridan St estimated to be worth?
    Trulia's estimated value for 1541 E Sheridan St in Ely, MN is $108,500.
  • What is the price history for 1541 E Sheridan St?
    1541 E Sheridan St in Ely, MN last sold for $22,000 in September 2009.
  • 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 1541 E Sheridan St have air conditioning?
    Yes, 1541 E Sheridan St in Ely, MN has air conditioning.
  • How big is the lot at 1541 E Sheridan St?
    The lot at 1541 E Sheridan St in Ely, MN is about 0.57 acres (24,750 sq ft).