322 E  Boundary St, Ely, MN 55731
Property image
Property image
OFF MARKET

$152,500

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 840 sqft

322 E Boundary St, Ely, MN 55731

Est. Refi. Payment $1,041/mo*
Refinance Your Home
Currently Off Market - Sold May 24, 2011 for $25,000

Home Value

Trulia Estimate
$153K
Since last month
Increased$4K (+2.9%)
Since last year
Increased$17K (+12.3%)
Since last sale
Increased$128K (+510%)
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 +144% in the last 10 years
MonthEstimated value
2026
September 2026$153K
August 2026$148K
July 2026$146K
June 2026$145K
May 2026$139K
April 2026$138K
March 2026$134K
February 2026$133K
January 2026$125K
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
0.18
Single-Family Home
$35,000
10/24/25
3
1
1,134
0.44
Single-Family Home
$25,000
11/20/25
3
1
1,386
0.13
Single-Family Home
$7,372
06/25/26
1
1
590
0.44
Single-Family Home
$108,960
12/22/25
2
1
1,150
0.12
Single-Family Home
$209,000
12/12/25
2
2
1,287
0.60
Single-Family Home
$62,500
11/24/25
3
1
870
0.18
Single-Family Home
$58,000
07/15/26
2
2.5
2,340
0.17
Single-Family Home
$275,000
08/03/26
3
1
1,882

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
0.06
$305,800
4
2.5
2,160
Off Market
0.10
$159,900
2
1.5
875
Off Market
0.08
$226,500
4
2
1,450
Off Market
0.11
$230,000
7
4
2,600
For Sale
0.12
$209,000
2
2
1,287
Recently Sold
0.14
$106,700
2
1
658
Off Market
0.13
$249,000
3
2
2,024
Off Market
0.14
$174,500
3
1
1,167
Off Market
0.17
$211,600
3
1.5
1,360
Off Market
0.18
$122,500
4
3
2,640
For Sale

Local Information

  • Map ViewExplore the area around 322 E Boundary St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1955
840 sqft
$182/sqft
Garage

About this House

One Level Living. Affordable, easy keeper, 2 BR, 1 bath bungalow with a great 2-car garage. Full unfinished basement with a wood stove for supplemental heat. At this price, this could be a good income property!<br/><br/>Brokered And Advertised By: BWCA Real Estate<br/>Listing Agent: Gerald Erchul
322 E Boundary St, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 840 sqft single-family home built in 1955. It last sold for $25,000 on May 24, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $152,500, with a rent estimate of $1,263/month.

Home Details for 322 E Boundary St

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1.2000000476837158
Heating & Cooling
Air ConditioningCooling System: Central

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
Foundation Type: Slab
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Price and Tax history

DateEventPrice
May 26, 2011
Source: Agent Provided
ListingRemoved
$69,900
May 24, 2011
Source: Lake Superior Area Realtors as distributed by MLS GRID #1036599
Sold
$25,000
Feb 4, 2010
Source: Agent Provided
Listed For Sale
$69,900

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
5
MoM

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. "
  • 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 . "
  • 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. "
  • 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."
  • 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."
  • 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."

LGBTQ Local Legal Protections

Frequently asked questions about 322 E Boundary St

  • What is 322 E Boundary St estimated to be worth?
    Trulia's estimated value for 322 E Boundary St in Ely, MN is $152,500.
  • What is the price history for 322 E Boundary St?
    322 E Boundary St in Ely, MN last sold for $25,000 in May 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.
  • Does 322 E Boundary St have air conditioning?
    Yes, 322 E Boundary St in Ely, MN has air conditioning.
  • Does 322 E Boundary St have a garage?
    Yes, 322 E Boundary St in Ely, MN has a garage.

Apartments for Rent

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Off Market Homes Near 322 E Boundary St

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