277 N 5th Ave E, Ely, MN 55731
OFF MARKET

$138,800

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,281 sqft (on 0.30 acres)

277 N 5th Ave E, Ely, MN 55731

Est. Refi. Payment $959/mo*
Refinance Your Home
Currently Off Market - Sold Dec 7, 2021 for $112,000

Home Value

Trulia Estimate
$139K
Since last month
$0 (0%)
Since last year
Decreased$4K (-3.1%)
Since last sale
Increased$27K (+24.2%)
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 +296% in the last 10 years
MonthEstimated value
2026
September 2026$139K
August 2026$139K
July 2026$140K
June 2026$141K
May 2026$141K
April 2026$143K
March 2026$141K
February 2026$136K
January 2026$137K
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
0.04
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
845 E White St, Ely, MN
0.47
Single-Family Home
$108,960
12/22/25
2
1
1,150
1135 E Harvey St, Ely, MN
0.54
Single-Family Home
$112,000
05/11/26
2
1
1,250
416 E Camp St, Ely, MN
0.12
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
1029 E White St, Ely, MN
0.55
Single-Family Home
$120,000
12/12/25
2
1
2,166
1229 E Sheridan St, Ely, MN
0.54
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
85 W Chandler St., Ely, MN
0.66
Single-Family Home
$161,000
11/04/25
3
1
1,275
954 E Camp St, Ely, MN
0.33
Single-Family Home
$150,000
09/17/26
4
2
1,450
1239 E Washington St, Ely, MN
0.58
Single-Family Home
$234,000
05/04/26
3
1
1,160

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
247 N 5th Ave E, Ely, MN 55731
0.03
$204,500
3
2
2,378
Off Market
246 N 5th Ave E, Ely, MN 55731
0.04
$165,500
3
1.5
1,346
Recently Sold
xxx Point Dr, Ely, MN 55731
0.05
-
-
-
-
Off Market
xxx Wolf Lake Rd, Ely, MN 55731
0.05
$167,700
1
-
420
Off Market
xx W SHAGAWA RD, Ely, MN 55731
0.05
$488,400
3
1
2,370
Off Market
xx Southwest Shores Tr, Ely, MN 55731
0.05
$311,400
3
1
1,512
Off Market
TBD Twin Lakes Rd, Ely, MN 55731
0.05
$404,200
3
2
2,630
Off Market
- Jackpine Tr, Ely, MN 55731
0.05
$389,900
2
1
418
Off Market
xx Kempton Lake, Ely, MN 55731
0.05
$437,200
3
-
808
Off Market
TBD Meander Lake Rd, Ely, MN 55731
0.05
-
-
-
-
Off Market
xxx White St, Ely, MN 55731
0.05
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 277 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
0.3 acre lot
1,281 sqft
$108/sqft

About this House

What's unique:Newer woodburning stoveBright cozy living space
DON'T PAY LAKESHORE TAXES!! Here is your opportunity to own an in-town cabin at an affordable price - or make it your year around home. Trailer your boat to any of the area's many lakes. Just a short walk downtown to enjoy Ely's great restaurants and shopping. Yard has several fruit trees and lilac bushes. Propane wall furnace in living room and some kitchen upgrades.
277 N 5th Ave E, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 1,281 sqft single-family home built in 1890. It last sold for $112,000 on Dec 7, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $138,800, with a rent estimate of $1,488/month.

Home Details for 277 N 5th Ave E

Interior Features

Interior Details
BasementAdditional StorageNumber of Rooms: 7Types of Rooms: Family Room, Laundry Room, Mud RoomStorage
Heating & Cooling
Heating: Radiant, Propane ButaneAir ConditioningCooling System: WallHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: CompositionExterior: VinylFoundation Type: SlabLawnPorch
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 546

Lot Information

Lot Area: 0.30 acres

Mobile R/V

RV Parking
Rv Parking

Building

Pool
Sauna

Price and Tax history

DateEventPrice
Jun 30, 2026
Source: Range AOR #149704
ListingRemoved
$146,500
Apr 30, 2026
Source: Range AOR #149704
PriceChange
$146,500
Price decreased by 1%
Apr 2, 2026
Source: Range AOR #149704
Listed For Sale
$148,500
Dec 7, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID #6100054
Sold
$112,000
Oct 31, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID #6100054
Contingent
$114,900

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 277 N 5th Ave E

  • What is 277 N 5th Ave E estimated to be worth?
    Trulia's estimated value for 277 N 5th Ave E in Ely, MN is $138,800.
  • What is the price history for 277 N 5th Ave E?
    277 N 5th Ave E in Ely, MN last sold for $112,000 in December 2021.
  • 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 277 N 5th Ave E have air conditioning?
    Yes, 277 N 5th Ave E in Ely, MN has air conditioning.
  • Does 277 N 5th Ave E have laundry facilities?
    Yes, 277 N 5th Ave E in Ely, MN has in-unit laundry.

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