404 W Shagawa Rd, Ely, MN 55731
Property image
Property image
OFF MARKET

$93,800

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 1,076 sqft

404 W Shagawa Rd, Ely, MN 55731

Est. Refi. Payment $638/mo*
Refinance Your Home
Currently Off Market - Sold Aug 9, 2024 for $71,500

Home Value

Trulia Estimate
$93.8K
Since last month
Increased$600 (+0.6%)
Since last year
Increased$15K (+19.7%)
Since last sale
Increased$22K (+30.2%)
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 +90% in the last 10 years
MonthEstimated value
2026
August 2026$93K
July 2026$93K
June 2026$95K
May 2026$95K
April 2026$91K
March 2026$88K
February 2026$80K
January 2026$79K
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
85 W Chandler St., Ely, MN
0.08
Single-Family Home
$161,000
11/04/25
3
1
1,275
232 W Sheridan St, Ely, MN
0.17
Single-Family Home
$194,000
10/06/25
3
1
963
45 W Chapman St, Ely, MN
0.29
Single-Family Home
$115,000
06/29/26
4
1.5
1,500
42 W Shagawa Rd, Ely, MN
0.13
Single-Family Home
$110,000
09/23/25
1
1
852
21 White St, Ely, MN
0.47
Single-Family Home
$47,500
10/21/25
3
2
2,130
2 E Conan St, Ely, MN
0.45
Single-Family Home
$178,000
08/24/26
3
2
1,472
24 E Conan St, Ely, MN
0.45
Single-Family Home
$272,500
07/10/26
4
1.5
1,400
246 N 5th Ave E, Ely, MN
0.66
Single-Family Home
$165,500
05/01/26
3
1.5
1,346

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
78 W Chandler Rd, Ely, MN 55731
0.08
$231,800
3
1.5
1,420
Off Market
85 W Chandler St., Ely, MN 55731
0.08
$161,000
3
1
1,275
Recently Sold
56 W Shagawa Rd, Ely, MN 55731
0.10
$172,900
2
1
756
Off Market
48 W Shagawa Rd, Ely, MN 55731
0.11
-
-
-
-
Off Market
51 Chandler Rd, Ely, MN 55731
0.12
-
-
-
-
Off Market
42 W Shagawa Rd, Ely, MN 55731
0.13
$111,000
1
1
852
Off Market
52 W Chandler Rd, Ely, MN 55731
0.12
$249,000
Studio
1
786
For Sale
230 W Camp St, Ely, MN 55731
0.14
$118,999
3
1.5
2,012
For Sale
32 W Shagawa Rd, Ely, MN 55731
0.16
$202,200
4
2
2,520
Off Market
244 W Sheridan St, Ely, MN 55731
0.16
$212,700
2
1
1,525
Off Market
232 W Sheridan St, Ely, MN 55731
0.17
$195,600
3
1
963
Off Market

Local Information

  • Map ViewExplore the area around 404 W Shagawa 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
1910
Living Area
1,076 sqft
Price/Sqft
$87
Parking
None

About this House

Farmhouse style home on a generous lot. This 3 bedroom home is currently a gutted shell ready for your restoration and design. It has been brought down to the studs in order to gain access for new plumbing, electric, and insulation. As part of the seller disclosures a separate document is available detailing all the work that has been performed to get it to it's current state. The upstairs is the location of the bedrooms and a bath. The main level includes a large back entry room, kitchen, living room, and bath. Full basement. Great location in Ely and direct access to both the Trezona and the Mesabi bike trails. Realize your dream and bring this home to completion with all your creative ideas.
404 W Shagawa Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,076 sqft single-family home built in 1910. It last sold for $71,500 on Aug 9, 2024 (9% below the $79,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $93,800, with a rent estimate of $1,826/month.
Last check for updates: about 14 hours ago
Listed by Patricia Bulinski, (218) 349-5595
Bear Island Realty LLC
Bought with: Janet Erchul, (218) 365-2100, Ely Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6114962

Home Details for 404 W Shagawa Rd

Interior Features

Interior Details
Basement: FullNumber of Rooms: 5Types of Rooms: Bedroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1076 Square FeetFoundation Area: 624
Heating & Cooling
Heating: NoneNo Heating
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: City Of Ely
Levels, Entrance, & Accessibility
Number of Stories: 2
View
No View

Exterior Features

Exterior Home Features
Foundation: Concrete Perimeter
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1076 Square Feet

Days on Market

Cumulative Days on Market: 5

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Wood, Frame/WoodIs a New Construction
Property Information
Condition: Under ConstructionParcel Number: 030003003640

Price & Status

Price
List Price: $79,000
Status Change & Dates
Off Market Date: Sun Jul 21 2024

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 8276.4 sqft

Miscellaneous

BasementMls Number: 6114962Attribution Contact: ***Above Grade Unfinished Area: 1076

Price and Tax history

DateEventPrice
Aug 9, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114962
Sold
$71,500
Jul 22, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114962
Pending
$79,000
Jul 18, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114962
Listed For Sale
$79,000
Jul 21, 2023
Source: N/A
Sold
$60,000
Dec 30, 2022
Source: Lake Superior Area Realtors as distributed by MLS GRID #6103892
Sold
$62,000

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
2MoM

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

Based on information submitted to the MLS GRID as of 2026-08-26 02:42:33 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 404 W Shagawa Rd

  • What is 404 W Shagawa Rd estimated to be worth?
    Trulia's estimated value for 404 W Shagawa Rd in Ely, MN is $93,800.
  • What is the price history for 404 W Shagawa Rd?
    404 W Shagawa Rd in Ely, MN last sold for $71,500 in August 2024.
  • 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 404 W Shagawa Rd?
    The lot at 404 W Shagawa Rd in Ely, MN is about 0.19 acres (8,276 sq ft).

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