2359 Highway 1, Ely, MN 55731
OFF MARKET

$273,600

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,060 sqft (on 3.40 acres)

2359 Highway 1, Ely, MN 55731

Refinance Your Home
Currently Off Market - Sold Apr 4, 2007 for $105,000

Home Value

Trulia Estimate
$274K
Since last month
Decreased$800 (-0.3%)
Since last year
Increased$6K (+2.1%)
Since last sale
Increased$168K (+159.8%)
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 +132% in the last 10 years
MonthEstimated value
2026
August 2026$273K
July 2026$274K
June 2026$277K
May 2026$273K
April 2026$264K
March 2026$255K
February 2026$250K
January 2026$246K
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
1510 E Conan St, Ely, MN
0.47
Single-Family Home
$150,000
09/09/25
3
2
1,214
845 E White St, Ely, MN
0.61
Single-Family Home
$108,960
12/22/25
2
1
1,150
1029 E White St, Ely, MN
0.53
Single-Family Home
$120,000
12/12/25
2
1
2,166
1135 E Harvey St, Ely, MN
0.60
Single-Family Home
$112,000
05/11/26
2
1
1,250
1419 E Chapman St, Ely, MN
0.63
Single-Family Home
$249,000
07/29/26
3
1.5
1,480
712 E Pattison St, Ely, MN
0.64
Single-Family Home
$249,900
05/29/26
3
2
1,170
1229 E Sheridan St, Ely, MN
0.71
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
124 S 14th Ave E, Ely, MN
0.51
Single-Family Home
$210,000
10/09/25
3
1
1,186
1027 E Chapman St, Ely, MN
0.68
Single-Family Home
$180,500
10/15/25
4
2
1,496
638 E James St, Ely, MN
0.65
Single-Family Home
$230,000
05/01/26
3
1.5
1,350

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
TBD Highway 1, Ely, MN 55731
0.33
-
-
-
-
Off Market
xx Highway 1, Ely, MN 55731
0.30
-
-
-
-
Off Market
230 S 16th Ave E, Ely, MN 55731
0.45
$268,300
3
2
1,900
Off Market
1435 E White St, Ely, MN 55731
0.45
$321,300
3
2
1,880
Off Market
207 S 17TH ST, Ely, MN 55731
0.49
$192,400
2
1
860
Off Market
9xx James St, Ely, MN 55731
0.51
-
-
-
-
Off Market
124 S 14th Ave E, Ely, MN 55731
0.51
$211,700
3
1
1,186
Off Market
112 S 16th Ave, Ely, MN 55731
0.53
$238,300
3
2
1,040
Off Market
1512 E Harvey St, Ely, MN 55731
0.53
$265,300
4
2
2,152
Off Market
1029 E White St, Ely, MN 55731
0.53
$120,000
2
1
2,166
Recently Sold
1602 E Harvey St, Ely, MN 55731
0.54
$273,700
3
1.5
1,560
Off Market
1505 E Harvey St, Ely, MN 55731
0.56
$265,000
3
2
2,128
Recently Sold

Local Information

  • Map ViewExplore the area around 2359 Highway 1.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Lot Size
3.4 acres
Living Area
1,060 sqft
Price/Sqft
$258
Parking
Garage

About this House

null Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Kate Davies
2359 Highway 1, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 1,060 sqft single-family home built in 1950. It last sold for $105,000 on Apr 4, 2007. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $273,600, with a rent estimate of $1,747/month.

Home Details for 2359 Highway 1

Interior Features

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

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood, Brick
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

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

Community

Units in Building: 1

Lot Information

Lot Area: 3.40 acres

Price and Tax history

DateEventPrice
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$149,900
Oct 11, 2012
Source: Agent Provided
Listed For Sale
$149,900
Sep 9, 2012
Source: Agent Provided
ListingRemoved
$149,900
May 12, 2012
Source: Agent Provided
PriceChange
$149,900
Price decreased by 6%
Apr 13, 2012
Source: Agent Provided
PriceChange
$159,900
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

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 2359 Highway 1

  • What is 2359 Highway 1 estimated to be worth?
    Trulia's estimated value for 2359 Highway 1 in Ely, MN is $273,600.
  • What is the price history for 2359 Highway 1?
    2359 Highway 1 in Ely, MN last sold for $105,000 in April 2007.
  • 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 2359 Highway 1 have air conditioning?
    Yes, 2359 Highway 1 in Ely, MN has air conditioning.
  • How big is the lot at 2359 Highway 1?
    The lot at 2359 Highway 1 in Ely, MN is about 3.4 acres.

Apartments for Rent

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Off Market Homes Near 2359 Highway 1

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