3014 Otter Is, Ely, MN 55731
OFF MARKET

$404,900

Trulia Estimate
  • 1 Bed
  • 504 sqft (on 2.50 acres)

3014 Otter Is, Ely, MN 55731

Est. Refi. Payment $2,661/mo*
Refinance Your Home

Home Value

Trulia Estimate
$405K
Since last month
Decreased$36K (-8.2%)
Since last year
Increased$26K (+7%)
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 decreased by -9% in the last 10 years
MonthEstimated value
2026
October 2026$405K
September 2026$441K
August 2026$418K
July 2026$427K
June 2026$437K
May 2026$407K
April 2026$384K
March 2026$382K
February 2026$380K
January 2026$371K
2025
2024
2023

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
3009 Burntside Ridge Rd, Ely, MN
0.82
Single-Family Home
$729,000
09/18/26
2
1
773
3003 Burntside Ridge Rd, Ely, MN
0.80
Single-Family Home
$850,000
09/25/26
3
1
1,560
2445 Reed Rd, Ely, MN
0.70
Single-Family Home
$770,000
09/25/26
4
3
4,872
2796 Clayton Rd, Ely, MN
1.15
Single-Family Home
$665,000
01/30/26
3
2
1,296
2230 Passi Rd, Ely, MN
1.22
Single-Family Home
$600,000
07/23/26
2
1
1,008
1875 Echo Tr, Ely, MN
1.90
Single-Family Home
$450,000
08/03/26
2
2
1,260
2151 Echo Tr, Ely, MN
2.32
Single-Family Home
$135,000
12/05/25
1
-
480
2050 Shipman Island, Ely, MN
2.40
Single-Family Home
$290,000
08/12/26
2
-
560
2022 Rockwood Way, Ely, MN
2.09
Single-Family Home
$559,000
08/24/26
4
4
2,016
1883 Lindbeck Rd, Ely, MN
2.43
Single-Family Home
$725,000
01/12/26
4
4
2,628

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
2431 True North Is, Ely, MN 55731
0.19
$555,800
2
1
864
Off Market
2948 Miller Is, Ely, MN 55731
0.41
$900,800
3
2
1,600
Off Market
2474 Passi Rd, Ely, MN 55731
0.48
$1,241,400
4
3
1,080
Off Market
2470 Passi Rd, Ely, MN 55731
0.49
$750,000
2
2
1,040
Off Market
2498 Passi Rd, Woodbury, MN 55731
0.50
$1,083,600
2
1
1,008
Off Market
2526 Wallingford Is, Ely, MN 55731
0.53
$1,212,500
3
1
2,669
Off Market
2462 Passi Rd, Ely, MN 55731
0.53
$715,600
3
1
1,392
Off Market
2365 Reed Rd, Ely, MN 55731
0.53
-
-
-
-
Off Market
2454 Passi Rd, Ely, MN 55731
0.54
$783,200
3
2
1,718
Off Market
2444 Passi Rd, Ely, MN 55731
0.54
$809,400
1
1
840
Off Market
2473 Passi Rd, Ely, MN 55731
0.55
$931,500
Studio
2
1,280
Off Market
2438 Passi Rd, Ely, MN 55731
0.55
-
2
1
832
Off Market
2384 Appleberry Ln, Ely, MN 55731
0.56
$1,584,000
4
3
1,544
Off Market
2463 Passi Rd, Ely, MN 55731
0.57
$469,200
2
-
745
Off Market
2414 Passi Rd, Ely, MN 55731
0.58
$1,203,000
3
2
1,228
Off Market
2391 Reed Rd, Ely, MN 55731
0.58
$1,268,500
4
2
1,152
Off Market
2381 Appleberry Ln, Ely, MN 55731
0.58
$824,500
3
2
902
Off Market
2433 Reed Rd, Ely, MN 55731
0.59
$822,800
2
-
600
Off Market
2395 Reed Rd, Ely, MN 55731
0.60
$758,100
3
2
1,199
Off Market
2447 Passi Rd, Ely, MN 55731
0.61
$816,000
2
1
900
Off Market

Local Information

  • Map ViewExplore the area around 3014 Otter Is.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
2.5 acre lot
504 sqft
$803/sqft

About this House

This single-family home is located at 3014 Otter Is, Ely, MN. 3014 Otter Is is in Ely, MN and in ZIP code 55731. This property has 1 bedroom and approximately 504 sqft of floor space. This property has a lot size of 2.50 acres.
3014 Otter Is, Ely, MN 55731 is a 1 bedroom, 504 sqft single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $404,900, with a rent estimate of $1,117/month.

Home Details for 3014 Otter Is

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.5
Fireplace & Spa
Fireplace

Property Information

Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 2.50 acres

Price and Tax history

YearProperty taxTax assessment
2025
$3,878
$473,600
Home facts updated by county records

Market trends in Ely

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
100
3MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Ely

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 80% say there's holiday spirit
  • 75% say there are sidewalks
  • 72% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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 3014 Otter Is

  • What is 3014 Otter Is estimated to be worth?
    Trulia's estimated value for 3014 Otter Is in Ely, MN is $404,900.
  • 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.
  • What are the closest schools to 3014 Otter Is?
    The closest schools to 3014 Otter Is in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).
  • How big is the lot at 3014 Otter Is?
    The lot at 3014 Otter Is in Ely, MN is about 2.5 acres.

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