2039 Somero Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

2039 Somero Rd
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 1,061 sqft (on 2.20 acres)

$716,500

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $4,371/mo*
Refinance Your Home

$716,500

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $4,371/mo*
Refinance Your Home
2 Beds
1 Bath
1,061 sqft
(on 2.20 acres)

Home Value

Trulia Estimate
$717K
Since last month
Decreased$10K (-1.3%)
Since last year
Increased$11K (+1.6%)
Since last sale
Increased$400K (+129.1%)
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 +131% in the last 10 years
MonthEstimated value
2026
August 2026$710K
July 2026$724K
June 2026$720K
May 2026$699K
April 2026$685K
March 2026$671K
February 2026$670K
January 2026$656K
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
1995 Pine Tree Tr, Ely, MN
0.66
Single-Family Home
$489,400
10/03/25
2
1
911
1883 Lindbeck Rd, Ely, MN
0.51
Single-Family Home
$725,000
01/12/26
4
4
2,628
2230 Passi Rd, Ely, MN
0.94
Single-Family Home
$600,000
07/23/26
2
1
1,008
1984 Grant McMahan Blvd, Ely, MN
1.28
Single-Family Home
$614,000
08/29/25
3
1
912
1984 Grant McMahan Blvd #1984, Ely, MN
1.30
Single-Family Home
$614,000
08/29/25
3
1
912
1918 Pine Tree Tr, Ely, MN
0.47
Single-Family Home
$1,078,500
01/13/26
4
3
4,300
1475 Echo Tr, Ely, MN
1.44
Single-Family Home
$272,500
06/30/26
1
1
1,160
1603 Hanson Rd, Ely, MN
2.35
Single-Family Home
$300,000
06/12/26
3
1
996
1776 Grant McMahan Blvd, Ely, MN
1.79
Single-Family Home
$279,255
08/18/25
1
-
314
1852 Grant McMahan Blvd, Ely, MN
1.74
Single-Family Home
$880,000
05/06/26
3
2
2,460

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
xxx Somero Rd, Ely, MN 55731
0.25
-
-
-
-
Off Market
3061 E Arm Rd, Ely, MN 55731
0.40
$1,900,300
4
3.5
4,980
Off Market
3067 East Arm Rd, Ely, MN 55731
0.42
-
-
-
-
Off Market
TBD Burntside Lake, Ely, MN 55731
0.40
-
-
-
-
Off Market
1918 Pine Tree Tr, Ely, MN 55731
0.47
$1,078,500
4
3
4,300
Recently Sold
1883 Lindbeck Rd, Ely, MN 55731
0.51
$725,000
4
4
2,628
Recently Sold
xxx Pine Tree Tr, Ely, MN 55731
0.53
-
-
-
-
Off Market
TBD Burntside Lake Island, Ely, MN 55731
0.60
-
-
-
-
Off Market
1995 Pine Tree Tr, Ely, MN 55731
0.66
$498,100
2
1
911
Off Market
TBD Lindbeck Rd, Ely, MN 55731
0.74
$105,000
-
-
-
Recently Sold
2009 Pine Tree Tr, Ely, MN 55731
0.74
$799,800
2
2
1,760
Off Market
1968 Pine Tree Tr, Ely, MN 55731
0.77
$185,800
1
-
320
Off Market

Local Information

  • Map ViewExplore the area around 2039 Somero Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
2.2 acres
Living Area
1,061 sqft
Price/Sqft
$675
Parking
Garage

About this House

Cute home on Burntside Lake. 2 bedroom, 1 full bath home with over 1,000 sq. ft. of living space. House has new vinyl siding, newer roof and sits on a level lot about 70 ft. from the sand beach shoreline and existing dock. Property has 2.2+/- acres with 250+/- ft. of shoreline in a private location. Minimal landscaping makes this an attractive lot. Other improvements include a one stall garage with attached workshop area and snowmobile/ATV storage in back. This is your chance to get a place on Burntside at a reasonable price. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Phil Hyde
2039 Somero Rd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,061 sqft single-family home. It last sold for $310,000 on Dec 2, 2014. It is currently off market. The Trulia Estimate is $716,500, with a rent estimate of $1,632/month.

Home Details for 2039 Somero Rd

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Appliances & Utilities
DryerRefrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 2.20 acres

Price and Tax history

DateEventPrice
Dec 2, 2014
Source: Lake Superior Area Realtors as distributed by MLS GRID #1966104
Sold
$310,000
Sep 19, 2014
Source: Agent Provided
PriceChange
$329,000
Price decreased by 6%
Jul 19, 2014
Source: Agent Provided
PriceChange
$349,000
Price decreased by 13%
Sep 21, 2013
Source: Agent Provided
PriceChange
$399,000
Price decreased by 11%
Mar 22, 2013
Source: Agent Provided
PriceChange
$450,000
Price decreased by 6%

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
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  • 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. "
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    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
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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 2039 Somero Rd

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Off Market Homes Near 2039 Somero Rd

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Frequently asked questions about 2039 Somero Rd

  • What is 2039 Somero Rd estimated to be worth?
    Trulia's estimated value for 2039 Somero Rd in Ely, MN is $716,500.
  • What is the price history for 2039 Somero Rd?
    2039 Somero Rd in Ely, MN last sold for $310,000 in December 2014.
  • 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 2039 Somero Rd have air conditioning?
    Yes, 2039 Somero Rd in Ely, MN has air conditioning.
  • How big is the lot at 2039 Somero Rd?
    The lot at 2039 Somero Rd in Ely, MN is about 2.2 acres.