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

$89,800

Trulia Estimate
  • 4 Beds
  • 1 Bath
  • 609 sqft (on 0.28 acres)

283 N 5th Ave E, Ely, MN 55731

Est. Refi. Payment $644/mo*
Refinance Your Home
Currently Off Market - Sold Dec 15, 2011 for $25,000

Home Value

Trulia Estimate
$89.8K
Since last month
Increased$3K (+3.1%)
Since last year
Increased$6K (+7.2%)
Since last sale
Increased$65K (+259.2%)
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 +81% in the last 10 years
MonthEstimated value
2026
September 2026$90K
August 2026$87K
July 2026$79K
June 2026$79K
May 2026$89K
April 2026$82K
March 2026$84K
February 2026$75K
January 2026$70K
2025
2024
2023
2022
2021
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
0.05
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
549 E Washington St, Ely, MN
0.09
Single-Family Home
$60,000
10/08/25
3
1
787
254 N 5th Ave E, Ely, MN
0.05
Single-Family Home
$62,500
11/24/25
3
1
870
45 E Boundary St, Ely, MN
0.66
Single-Family Home
$35,000
10/24/25
3
1
1,134
954 E Camp St, Ely, MN
0.33
Single-Family Home
$150,000
09/17/26
4
2
1,450
232 W Sheridan St, Ely, MN
0.57
Single-Family Home
$194,000
10/06/25
3
1
963
1239 E Washington St, Ely, MN
0.58
Single-Family Home
$234,000
05/04/26
3
1
1,160
24 N Pioneer Rd, Ely, MN
0.45
Single-Family Home
$140,000
09/21/26
4
1
1,011
409 E Camp St, Ely, MN
0.10
Single-Family Home
$116,000
12/16/25
4
1
1,827

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
0.04
$204,500
3
2
2,378
Off Market
246 N 5th Ave E, Ely, MN 55731
0.05
$165,500
3
1.5
1,346
Recently Sold
xxx Point Dr, Ely, MN 55731
0.06
-
-
-
-
Off Market
xxx Wolf Lake Rd, Ely, MN 55731
0.06
$167,700
1
-
420
Off Market
xx W SHAGAWA RD, Ely, MN 55731
0.06
$488,400
3
1
2,370
Off Market
xx Southwest Shores Tr, Ely, MN 55731
0.06
$311,400
3
1
1,512
Off Market
TBD Twin Lakes Rd, Ely, MN 55731
0.06
$404,200
3
2
2,630
Off Market
- Jackpine Tr, Ely, MN 55731
0.06
$389,900
2
1
418
Off Market
xx Kempton Lake, Ely, MN 55731
0.06
$437,200
3
-
808
Off Market
TBD Meander Lake Rd, Ely, MN 55731
0.06
-
-
-
-
Off Market
xxx White St, Ely, MN 55731
0.06
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 283 N 5th Ave E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
0.28 acre lot
609 sqft
$147/sqft
Garage

About this House

AFFORDABLE 4BD ELY HOME. With large living room & eat in kitchen. bath. Hardwood floors. Good storage w/ 22 x 26 garage & 8 x 10 shed attached. 2nd shed 8 x 14. Very large back yard, close to the Trezona Trail and Miners Lake. Available for quick closing. Brokered And Advertised By: Border Lakes Realty Listing Agent: Judy Mcclure
283 N 5th Ave E, Ely, MN 55731 is a 4 bedroom, 1 bathroom, 609 sqft single-family home. It last sold for $25,000 on Dec 15, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $89,800, with a rent estimate of $1,349/month.

Home Details for 283 N 5th Ave E

Interior Features

Interior Details
BasementAdditional StorageStorage
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5

Exterior Features

Exterior Home Features
Roof: AsphaltDeck
Parking & Garage
GarageParking: Garage

Property Information

Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.28 acres

Price and Tax history

DateEventPrice
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$29,900
Oct 11, 2012
Source: Agent Provided
Listed For Sale
$29,900
Dec 15, 2011
Source: Lake Superior Area Realtors as distributed by MLS GRID #1029983
Sold
$25,000
Nov 23, 2011
Source: Agent Provided
Pending
$29,900
Oct 26, 2011
Source: Agent Provided
PriceChange
$29,900
Price decreased by 23%

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 283 N 5th Ave E

  • What is 283 N 5th Ave E estimated to be worth?
    Trulia's estimated value for 283 N 5th Ave E in Ely, MN is $89,800.
  • What is the price history for 283 N 5th Ave E?
    283 N 5th Ave E in Ely, MN last sold for $25,000 in December 2011.
  • 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.
  • How big is the lot at 283 N 5th Ave E?
    The lot at 283 N 5th Ave E in Ely, MN is about 0.28 acres (12,196 sq ft).
  • Does 283 N 5th Ave E have a garage?
    Yes, 283 N 5th Ave E in Ely, MN has a garage.

Apartments for Rent

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Off Market Homes Near 283 N 5th Ave E

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