405 W Shagawa Rd, Ely, MN 55731
OFF MARKET

$130,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,200 sqft

405 W Shagawa Rd, Ely, MN 55731

Est. Refi. Payment $863/mo*
Refinance Your Home
Currently Off Market - Sold Jan 3, 2022 for $65,000

Home Value

Trulia Estimate
$130K
Since last month
Increased$1K (+1%)
Since last year
Increased$16K (+14.2%)
Since last sale
Increased$66K (+100.8%)
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 increased by +90% in the last 10 years
MonthEstimated value
2026
August 2026$131K
August 2026$130K
July 2026$129K
June 2026$135K
May 2026$132K
April 2026$126K
March 2026$128K
February 2026$116K
January 2026$114K
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
0.05
Single-Family Home
$161,000
11/04/25
3
1
1,275
45 W Chapman St, Ely, MN
0.30
Single-Family Home
$115,000
06/29/26
4
1.5
1,500
21 White St, Ely, MN
0.50
Single-Family Home
$47,500
10/21/25
3
2
2,130
2 E Conan St, Ely, MN
0.47
Single-Family Home
$178,000
08/24/26
3
2
1,472
232 W Sheridan St, Ely, MN
0.19
Single-Family Home
$194,000
10/06/25
3
1
963
235 E Harvey St, Ely, MN
0.53
Single-Family Home
$164,000
06/18/26
3
2
1,299
42 W Shagawa Rd, Ely, MN
0.13
Single-Family Home
$110,000
09/23/25
1
1
852
23 W Harvey St, Ely, MN
0.36
Single-Family Home
$190,000
04/06/26
4
1.5
2,484
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
404 W Shagawa Rd, Ely, MN 55731
0.03
$93,500
3
1.5
1,076
Off Market
78 W Chandler Rd, Ely, MN 55731
0.05
$227,000
3
1.5
1,420
Off Market
85 W Chandler St., Ely, MN 55731
0.05
$161,000
3
1
1,275
Recently Sold
56 W Shagawa Rd, Ely, MN 55731
0.11
$172,800
2
1
756
Off Market
48 W Shagawa Rd, Ely, MN 55731
0.12
-
-
-
-
Off Market
51 Chandler Rd, Ely, MN 55731
0.10
-
-
-
-
Off Market
42 W Shagawa Rd, Ely, MN 55731
0.13
$111,700
1
1
852
Off Market
52 W Chandler Rd, Ely, MN 55731
0.10
$249,000
Studio
1
786
For Sale
230 W Camp St, Ely, MN 55731
0.15
$118,999
3
1.5
2,012
For Sale
32 W Shagawa Rd, Ely, MN 55731
0.16
$205,900
4
2
2,520
Off Market
244 W Sheridan St, Ely, MN 55731
0.18
$217,600
2
1
1,525
Off Market
232 W Sheridan St, Ely, MN 55731
0.19
$196,700
3
1
963
Off Market

Local Information

  • Map ViewExplore the area around 405 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
1925
Living Area
1,200 sqft
Price/Sqft
$108
Parking
Garage

About this House

9-room house with 3 fishing lakes nearby. Interior remodel underway when owner became disabled and remains unfinished. ONLY CASH offers will be considered. Quick close.
405 W Shagawa Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,200 sqft single-family home built in 1925. It last sold for $65,000 on Jan 3, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $130,000, with a rent estimate of $1,784/month.

Home Details for 405 W Shagawa Rd

Interior Features

Interior Details
BasementAttic
Heating & Cooling
Heating: Forced Air, Propane ButaneHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Softwood, Other, Hardwood
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Vinyl, WoodLawn
Parking & Garage
GarageParking Spaces: 3Parking: Garage Detached

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Single Family HomeArchitecture: Contemporary

Community

Units in Building: 720

Lot Information

Lot Area: 7000 sqft

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Jan 3, 2022
Source: N/A
Sold
$65,000
Sep 25, 2021
Source: N/A
ListingRemoved
Jun 27, 2021
Source: N/A
Listed For Sale
$67,000
Mar 24, 2021
Source: N/A
ListingRemoved
Sep 8, 2019
Source: N/A
ListingRemoved
$67,900

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

Frequently asked questions about 405 W Shagawa Rd

  • What is 405 W Shagawa Rd estimated to be worth?
    Trulia's estimated value for 405 W Shagawa Rd in Ely, MN is $130,000.
  • What is the price history for 405 W Shagawa Rd?
    405 W Shagawa Rd in Ely, MN last sold for $65,000 in January 2022.
  • 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 405 W Shagawa Rd?
    The lot at 405 W Shagawa Rd in Ely, MN is about 0.16 acres (7,000 sq ft).
  • Does 405 W Shagawa Rd have a garage?
    Yes, 405 W Shagawa Rd in Ely, MN has a garage.

Apartments for Rent

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Off Market Homes Near 405 W Shagawa Rd

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