335 Balsam Rd, Ely, MN 55731
OFF MARKET

$218,800

Trulia Estimate
  • 3 Beds
  • 2 Baths

335 Balsam Rd, Ely, MN 55731

Est. Refi. Payment $1,388/mo*
Refinance Your Home
Currently Off Market - Sold Mar 31, 2011 for $118,164

Home Value

Trulia Estimate
$219K
Since last month
Decreased$17K (-7%)
Since last year
Increased$4K (+1.8%)
Since last sale
Increased$101K (+85.8%)
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 decreased by -14% in the last 10 years
MonthEstimated value
2026
August 2026$220K
July 2026$236K
June 2026$244K
May 2026$233K
April 2026$244K
March 2026$239K
February 2026$217K
January 2026$236K
2025
2024
2023
2022
2021
2020

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
0.16
Single-Family Home
$210,000
07/27/26
2
1
1,215
0.08
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
0.38
Single-Family Home
$475,000
08/24/26
3
1.5
1,248
0.68
Single-Family Home
$265,000
09/11/25
3
1.5
1,693
0.40
Single-Family Home
$370,000
10/01/25
4
2.5
1,175
0.91
Single-Family Home
$419,000
12/08/25
3
2
2,281
1.03
Single-Family Home
$710,000
02/06/26
3
2
3,160
1.21
Single-Family Home
$519,000
07/31/26
3
2
1,320
1.35
Single-Family Home
$210,000
09/25/25
2
1
614
1.39
Single-Family Home
$747,000
07/06/26
3
3
3,175

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
0.08
$465,000
4
2.5
1,962
Recently Sold
0.16
$210,000
2
1
1,215
Recently Sold
0.25
$108,000
1
-
256
For Sale
0.28
$650,500
4
3
1,480
Off Market
0.38
$475,000
3
1.5
1,248
Recently Sold
0.39
$249,800
Studio
-
-
Off Market
0.40
$378,700
4
2.5
1,175
Off Market
0.41
-
-
-
-
Off Market
0.41
$187,700
1
0.5
240
Off Market
0.50
$588,800
2
1
1,260
Off Market
0.66
$567,400
2
2
1,250
Off Market
0.66
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 335 Balsam Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Parking
Garage

About this House

This single-family home is located at 335 Balsam Rd, Ely, MN. 335 Balsam Rd is in Ely, MN and in ZIP code 55731. This property has 3 bedrooms and 2 bathrooms. This property was built in 1996.
335 Balsam Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom single-family home built in 1996. It last sold for $118,164 on Mar 31, 2011. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $218,800, with a rent estimate of $1,842/month.

Home Details for 335 Balsam Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Building

Pool
Sauna

Price and Tax history

DateEventPrice
Mar 31, 2011
Source: N/A
Sold
$118,164

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
98
2
MoM

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. "
  • 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 335 Balsam Rd

  • What is 335 Balsam Rd estimated to be worth?
    Trulia's estimated value for 335 Balsam Rd in Ely, MN is $218,800.
  • What is the price history for 335 Balsam Rd?
    335 Balsam Rd in Ely, MN last sold for $118,164 in March 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 335 Balsam Rd have a garage?
    Yes, 335 Balsam Rd in Ely, MN has a garage.

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Off Market Homes Near 335 Balsam Rd

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