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

$735,100

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

2039 Somero Rd, Ely, MN 55731

Est. Refi. Payment $4,798/mo*
Refinance Your Home
Currently Off Market - Sold Dec 2, 2014 for $310,000

Home Value

Trulia Estimate
$735K
Since last month
Increased$22K (+3.1%)
Since last year
Increased$56K (+8.2%)
Since last sale
Increased$430K (+138.8%)
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 +137% in the last 10 years
MonthEstimated value
2026
October 2026$740K
September 2026$753K
August 2026$718K
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
1875 Echo Tr, Ely, MN
0.95
Single-Family Home
$450,000
08/03/26
2
2
1,260
3009 Burntside Ridge Rd, Ely, MN
1.17
Single-Family Home
$729,000
09/18/26
2
1
773
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
3003 Burntside Ridge Rd, Ely, MN
1.21
Single-Family Home
$850,000
09/25/26
3
1
1,560
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
2022 Rockwood Way, Ely, MN
1.16
Single-Family Home
$559,000
08/24/26
4
4
2,016
2050 Shipman Island, Ely, MN
1.81
Single-Family Home
$290,000
08/12/26
2
-
560
1583 Jewel Ridge Rd, Ely, MN
2.16
Single-Family Home
$377,000
10/07/26
2
1
728

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
2001 Somero Rd, Ely, MN 55731
0.07
$897,100
2
2
1,288
Off Market
Somero Rd, Ely, MN 55731
0.08
-
-
-
-
Off Market
2-XXX2 Somero Rd, Ely, MN 55731
0.08
-
-
-
-
Off Market
3-XXX3 Somero Rd, Ely, MN 55731
0.08
-
-
-
-
Off Market
2041 Somero Rd, Ely, MN 55731
0.08
-
-
-
280
Off Market
2041 Somero Rd, Ely, MN 55731
0.08
-
3
2
1,152
Off Market
2049 Somero Rd, Ely, MN 55731
0.13
$479,200
2
1
957
Off Market
2051 Somero Rd, Ely, MN 55731
0.13
$963,600
3
2
1,188
Off Market
2055 Somero Rd, Ely, MN 55731
0.15
$892,100
4
2
1,064
Off Market
2063 Somero Rd, Ely, MN 55731
0.16
$585,600
2
1
776
Off Market
1992 Somero Rd, Ely, MN 55731
0.20
$597,800
2
2
1,017
Off Market
2032 Somero Rd, Ely, MN 55731
0.23
$2,082,000
6
5
3,582
Off Market
2018 Somero Rd, Ely, MN 55731
0.23
$597,900
3
2
1,184
Off Market
1978 Somero Rd, Ely, MN 55731
0.23
$332,600
Studio
-
672
Off Market
1999 Somero Rd, Ely, MN 55731
0.24
$1,566,700
2
2
1,128
Off Market
xxx Somero Rd, Ely, MN 55731
0.25
-
-
-
-
Off Market
1974 Somero Rd, Ely, MN 55731
0.28
$620,200
4
2
1,740
Off Market
1938 Somero Rd, Ely, MN 55731
0.33
$248,600
2
1
662
Off Market
2148 Solitude Is, Ely, MN 55731
0.35
$194,500
2
-
450
Off Market
3065 E Arm Rd, Ely, MN 55731
0.35
$1,266,300
6
2.5
3,124
Off Market

Local Information

  • Map ViewExplore the area around 2039 Somero Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
2.2 acre lot
1,061 sqft
$693/sqft
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $735,100, with a rent estimate of $1,659/month.

Home Details for 2039 Somero Rd

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir 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 September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
100
3MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Ely

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 80% say there's holiday spirit
  • 75% say there are sidewalks
  • 72% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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 2039 Somero Rd

  • What is 2039 Somero Rd estimated to be worth?
    Trulia's estimated value for 2039 Somero Rd in Ely, MN is $735,100.
  • 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.

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