247 N 5th Ave E, Ely, MN 55731
Property image
Property image
OFF MARKET

$203,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,378 sqft

247 N 5th Ave E, Ely, MN 55731

Est. Refi. Payment $1,359/mo*
Refinance Your Home
Currently Off Market - Sold Jul 31, 2024 for $174,500

Home Value

Trulia Estimate
$203K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$16K (+8.4%)
Since last sale
Increased$30K (+17.2%)
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 +161% in the last 10 years
MonthEstimated value
2026
September 2026$205K
August 2026$203K
July 2026$204K
June 2026$208K
May 2026$204K
April 2026$201K
March 2026$199K
February 2026$193K
January 2026$193K
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
246 N 5th Ave E, Ely, MN
0.02
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
416 E Camp St, Ely, MN
0.10
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
313 E Chapman St, Ely, MN
0.21
Single-Family Home
$216,000
03/02/26
4
2.5
1,824
235 E Harvey St, Ely, MN
0.29
Single-Family Home
$164,000
06/18/26
3
2
1,299
23 W Harvey St, Ely, MN
0.46
Single-Family Home
$190,000
04/06/26
4
1.5
2,484
647 E Boundary St, Ely, MN
0.56
Single-Family Home
$195,000
10/07/25
3
2
2,000
2 E Conan St, Ely, MN
0.48
Single-Family Home
$178,000
08/24/26
3
2
1,472
954 E Camp St, Ely, MN
0.33
Single-Family Home
$150,000
09/17/26
4
2
1,450
1151 E Camp St, Ely, MN
0.51
Single-Family Home
$221,000
02/19/26
3
3
1,975
45 W Chapman St, Ely, MN
0.45
Single-Family Home
$115,000
06/29/26
4
1.5
1,500

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
246 N 5th Ave E, Ely, MN 55731
0.02
$165,500
3
1.5
1,346
Recently Sold
xxx Point Dr, Ely, MN 55731
0.04
-
-
-
-
Off Market
xxx Wolf Lake Rd, Ely, MN 55731
0.04
$167,700
1
-
420
Off Market
xx W SHAGAWA RD, Ely, MN 55731
0.04
$488,400
3
1
2,370
Off Market
xx Southwest Shores Tr, Ely, MN 55731
0.04
$311,400
3
1
1,512
Off Market
TBD Twin Lakes Rd, Ely, MN 55731
0.04
$404,200
3
2
2,630
Off Market
- Jackpine Tr, Ely, MN 55731
0.04
$389,900
2
1
418
Off Market
xx Kempton Lake, Ely, MN 55731
0.04
$438,900
3
-
808
Off Market
TBD Meander Lake Rd, Ely, MN 55731
0.04
-
-
-
-
Off Market
xxx White St, Ely, MN 55731
0.04
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 247 N 5th Ave E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1890
2,378 sqft
$85/sqft
Garage

About this House

What's unique:Field stone gas fireplaceHardwood bamboo flooringNew carpetingMain floor laundryMetal roofNew knotty pine paneling
Nice, well cared for 3 bedroom, 2 bath older home with 1,600 sq. ft. of living space. Updates include new knotty pine paneling, hardwood bamboo flooring, new carpeting, field stone gas fireplace, and main floor laundry. Main floor has large kitchen/dining area, ¾ bathroom, living room, master bedroom, laundry area and 4 season porch with wood burning stove. Upper level has 2 bedrooms, office and full bath. Large basement with workshop and storage. 2 car detached garage with lean-to for extra storage. Home has vinyl siding and metal roof. Sewer is compliant. Move in condition and walking distance to shops.
247 N 5th Ave E, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 2,378 sqft single-family home built in 1890. It last sold for the $175,000 asking price on Jul 31, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $203,300, with a rent estimate of $1,993/month.
Last check for updates: about 19 hours ago
Listed by Don Stocks, (218) 340-1353
Wildwoods Land Company
Bought with: Jim Burke, (218) 235-8619, Keller Williams Classic Realty - Duluth
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6114167

Home Details for 247 N 5th Ave E

Interior Features

Interior Details
Basement: FullNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Deck, Four Season Porch, Kitchen, Laundry, Living Room, Office, Workshop
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2378 Square FeetFoundation Area: 1520
Heating & Cooling
Heating: Forced Air,OilHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: MultipleHas a Fireplace
Gas & Electric
Electric: City Of Ely
Levels, Entrance, & Accessibility
Number of Stories: 2
View
No View

Exterior Features

Exterior Home Features
Roof: MetalFoundation: 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
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1578 Square FeetFinished Area (below surface): 800 Square Feet

Days on Market

Cumulative Days on Market: 25

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Vinyl, Frame/Wood
Property Information
Parcel Number: 030028500320

Price & Status

Price
List Price: $175,000
Status Change & Dates
Off Market Date: Fri Jul 05 2024

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 5227.2 sqft

Miscellaneous

BasementMls Number: 6114167Attribution Contact: ***Above Grade Unfinished Area: 1578

Price and Tax history

DateEventPrice
Jul 31, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114167
Sold
$174,500
Jul 16, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114167
Pending
$175,000
Jul 5, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114167
Contingent
$175,000
Jun 10, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114167
Listed For Sale
$175,000
Dec 4, 2020
Source: Lake Superior Area Realtors as distributed by MLS GRID #6093725
Sold
$120,000

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

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 2026-09-23 10:52:13 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 247 N 5th Ave E

  • What is 247 N 5th Ave E estimated to be worth?
    Trulia's estimated value for 247 N 5th Ave E in Ely, MN is $203,300.
  • What is the price history for 247 N 5th Ave E?
    247 N 5th Ave E in Ely, MN last sold for $174,500 in July 2024.
  • 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 247 N 5th Ave E have laundry facilities?
    Yes, 247 N 5th Ave E in Ely, MN has laundry facilities.
  • How big is the lot at 247 N 5th Ave E?
    The lot at 247 N 5th Ave E in Ely, MN is about 0.12 acres (5,227 sq ft).

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 247 N 5th Ave E

Skip to last item
Skip to first item

Homes for sale near 247 N 5th Ave E

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item