2532 Verbick Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$523,300

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,440 sqft (on 0.70 acres)

2532 Verbick Rd, Ely, MN 55731

Est. Refi. Payment $3,455/mo*
Refinance Your Home
Currently Off Market - Sold May 29, 2020 for $229,669

Home Value

Trulia Estimate
$523K
Since last month
Decreased$7K (-1.3%)
Since last year
Increased$12K (+2.3%)
Since last sale
Increased$294K (+127.8%)
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 +76% in the last 10 years
MonthEstimated value
2026
September 2026$523K
September 2026$523K
August 2026$530K
July 2026$532K
June 2026$532K
May 2026$524K
April 2026$523K
March 2026$499K
February 2026$494K
January 2026$482K
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
2734 Bear Island River Rd, Ely, MN
0.94
Single-Family Home
$418,000
10/01/26
2
1.5
1,172
9362 Vandelay Dr, Ely, MN
0.77
Single-Family Home
$265,000
05/15/26
2
1
976
8702 Sock Lake Road, Babbitt, MN
3.55
Single-Family Home
$285,000
12/08/25
3
2
1,292
42 Locust Dr, Babbitt, MN
5.01
Single-Family Home
$210,000
02/27/26
3
2
2,019
8433 Timber Bay Rd, Babbitt, MN
4.32
Single-Family Home
$187,000
07/28/26
2
1
656
12 Basswood Cir, Babbitt, MN
4.83
Single-Family Home
$143,000
12/19/25
2
1
2,024
47 Birch Blvd, Babbitt, MN
5.01
Single-Family Home
$136,900
08/19/26
3
2
1,856
8431 Timber Bay Rd, Babbitt, MN
4.32
Single-Family Home
$192,500
07/01/26
1
1
1,008

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
2534 Verbick Rd, Ely, MN 55731
0.02
$246,000
3
1
672
Off Market
2528 Verbick Rd, Ely, MN 55731
0.03
$546,600
2
1.5
1,680
Off Market
2522 Verbick Rd, Ely, MN 55731
0.04
$449,800
3
1
1,176
Off Market
2536 Verbick Rd, Ely, MN 55731
0.04
$429,400
2
1
972
Off Market
2518 Verbick Rd, Britt, MN 55731
0.06
$404,100
2
1
864
Off Market
2540 Verbick Rd, Ely, MN 55731
0.07
$956,100
2
2
1,232
Off Market
2539 Verbick Rd, Ely, MN 55731
0.08
-
1
-
370
Off Market
2548 Verbick Rd, Ely, MN 55731
0.10
$170,200
2
1
840
Off Market
2547 Verbick Rd, Ely, MN 55731
0.13
$216,000
3
1
1,440
Off Market
2547 Verbick Rd, Ely, MN 55731
0.13
$283,800
3
1
1,840
Off Market
2544 Verbick Rd, Ely, MN 55731
0.13
$393,900
2
1
840
Off Market
2550 Verbick Rd, Ely, MN 55731
0.14
$476,900
2
1
800
Off Market
2506 Verbick Rd, Ely, MN 55731
0.14
$550,600
3
2
912
Off Market
2546 Verbick Rd, Ely, MN 55731
0.14
$382,800
2
1
780
Off Market
2515 Verbick Rd, Ely, MN 55731
0.15
$281,700
2
1
768
Off Market
2563 Verbick Rd, Ely, MN 55731
0.17
$234,400
2
1
1,020
Off Market
2543 Verbick Rd, Ely, MN 55731
0.18
-
Studio
-
-
Off Market
2564 Bear Island River Rd, Ely, MN 55731
0.23
$259,800
2
-
768
Off Market
2602 Bear Island River Rd, Ely, MN 55731
0.24
$516,200
3
2
1,392
Off Market
2518 Little Bear Is, Babbitt, MN 55706
0.24
$400,200
2
-
962
Off Market

Local Information

  • Map ViewExplore the area around 2532 Verbick Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1996
0.7 acre lot
1,440 sqft
$363/sqft
Garage

About this House

This single-family home is located at 2532 Verbick Rd, Ely, MN. 2532 Verbick Rd is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 2 bathrooms and approximately 1,440 sqft of floor space. This property has a lot size of 0.70 acres and was built in 1996.
2532 Verbick Rd, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 1,440 sqft single-family home built in 1996. It last sold for $229,669 on May 29, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $523,300, with a rent estimate of $1,950/month.

Home Details for 2532 Verbick Rd

Interior Features

Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 0.70 acres

Price and Tax history

DateEventPrice
May 29, 2020
Source: Lake Superior Area Realtors as distributed by MLS GRID #6087839
Sold
$229,669
May 14, 2020
Source: Agent Provided
Pending
$220,000
May 13, 2020
Source: Agent Provided
PriceChange
$220,000
Price decreased by 4%
Mar 2, 2020
Source: Agent Provided
PriceChange
$229,900
Price decreased by 10%
Feb 27, 2020
Source: Agent Provided
PriceChange
$255,000
Price decreased by 4%

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

Frequently asked questions about 2532 Verbick Rd

  • What is 2532 Verbick Rd estimated to be worth?
    Trulia's estimated value for 2532 Verbick Rd in Ely, MN is $523,300.
  • What is the price history for 2532 Verbick Rd?
    2532 Verbick Rd in Ely, MN last sold for $229,669 in May 2020.
  • 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 2532 Verbick Rd have air conditioning?
    Yes, 2532 Verbick Rd in Ely, MN has air conditioning.
  • How big is the lot at 2532 Verbick Rd?
    The lot at 2532 Verbick Rd in Ely, MN is about 0.70 acres (30,492 sq ft).

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