442 Shady Ln, Ely, MN 55731
Property image
Property image
OFF MARKET

442 Shady Ln
Ely, MN 55731

  • 4 Beds
  • 3 Baths
  • 2,800 sqft (on 2.40 acres)

$918,400

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $5,591/mo*
Refinance Your Home

$918,400

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $5,591/mo*
Refinance Your Home
4 Beds
3 Baths
2,800 sqft
(on 2.40 acres)

Home Value

Trulia Estimate
$918K
Since last month
Increased$18K (+2%)
Since last year
Increased$128K (+16.3%)
Since last sale
Increased$597K (+186.5%)
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 +32% in the last 10 years
MonthEstimated value
2026
August 2026$917K
July 2026$899K
June 2026$912K
May 2026$888K
April 2026$890K
March 2026$914K
February 2026$911K
January 2026$801K
2025
2024

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
631 Circle Dr, Ely, MN
0.88
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
14108 Fall Lake Rd, Ely, MN
1.31
Single-Family Home
$359,000
05/29/26
2
2
3,274
142 Onigum Tr, Ely, MN
1.80
Single-Family Home
$930,000
08/29/25
3
2
2,042
386 Garden Lake Rd, Ely, MN
1.99
Single-Family Home
$419,000
12/08/25
3
2
2,281
118 Onigum Tr, Ely, MN
1.91
Single-Family Home
$735,000
09/04/25
3
2
2,189
13462 Villa Rd, Ely, MN
2.96
Single-Family Home
$465,000
05/27/26
4
2.5
1,962
540 Loop Rd, Ely, MN
2.98
Single-Family Home
$710,000
02/06/26
3
2
3,160
607 N Main St, Winton, MN
2.22
Single-Family Home
$415,000
03/06/26
2
1
1,088
480 Kawishiwi Tr, Ely, MN
2.92
Single-Family Home
$265,000
09/11/25
3
1.5
1,693
13496 Pine Rd #10, Ely, MN
3.03
Single-Family Home
$370,000
10/01/25
4
2.5
1,175

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
14026 Chickadee Ln, Ely, MN 55731
0.14
$1,219,900
3
2.5
3,000
Off Market
470 Shady Ln, Ely, MN 55731
0.27
$664,400
2
1
1,195
Off Market
xxx Shady Ln, Ely, MN 55731
0.39
-
-
-
-
Off Market
429 Barrell Road Lot 6, Ely, MN 55731
0.57
-
-
-
-
Off Market
14015 Romberg Shores Rd, Ely, MN 55731
0.55
$637,600
3
2
2,294
Off Market
425 Barrell Road Lot 5, Ely, MN 55731
0.62
-
-
-
-
Off Market
417 Barrell Road, Ely, MN 55731
0.62
$347,000
-
-
-
For Sale
296 Shady Ln, Ely, MN 55731
0.63
$249,000
2
1
912
For Sale
421 Barrell Road Lot 4, Ely, MN 55731
0.64
-
-
-
-
Off Market
417 Barrell Road Lot 3, Ely, MN 55731
0.65
-
-
-
-
Off Market
413 Barrell Road, Ely, MN 55731
0.69
-
-
-
-
Off Market
409 Barrell Road, Ely, MN 55731
0.71
$257,200
1
-
560
Off Market

Local Information

  • Map ViewExplore the area around 442 Shady Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2018
Lot Size
2.4 acres
Living Area
2,800 sqft
Price/Sqft
$328
Parking
Garage

About this House

This single-family home is located at 442 Shady Ln, Ely, MN. 442 Shady Ln is in Ely, MN and in ZIP code 55731. This property has 4 bedrooms, 3 bathrooms and approximately 2,800 sqft of floor space. This property has a lot size of 2.40 acres and was built in 2018.
442 Shady Ln, Ely, MN 55731 is a 4 bedroom, 3 bathroom, 2,800 sqft single-family home built in 2018. It last sold for $320,000 on Sep 7, 2016. It is currently off market. The Trulia Estimate is $918,400, with a rent estimate of $3,355/month.

Home Details for 442 Shady Ln

Interior Features

Heating & Cooling
Heating: Forced Air, Radiant, Stove, Propane Butane, Wood PelletHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
AtticIn-law unitNumber of Rooms: 11Types of Rooms: Dining Room, Family Room, Laundry Room, Library, Master Bath, Mud Room
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, WoodGardenPorch
Parking & Garage
GarageParking Spaces: 6Parking: Garage Detached

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 2.40 acres

Price and Tax history

DateEventPrice
Sep 7, 2016
Source: NorthstarMLS as distributed by MLS GRID #4709191
Sold
$320,000
Jul 31, 2016
Source: Agent Provided
Pending
$349,000
May 5, 2016
Source: Agent Provided
PriceChange
$349,000
Price decreased by 5%
May 2, 2016
Source: Agent Provided
Listed For Sale
$369,000
Apr 9, 2015
Source: Agent Provided
ListingRemoved
$369,000

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

Frequently asked questions about 442 Shady Ln

  • What is 442 Shady Ln estimated to be worth?
    Trulia's estimated value for 442 Shady Ln in Ely, MN is $918,400.
  • What is the price history for 442 Shady Ln?
    442 Shady Ln in Ely, MN last sold for $320,000 in September 2016.
  • 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 442 Shady Ln have laundry facilities?
    Yes, 442 Shady Ln in Ely, MN has in-unit laundry.
  • How big is the lot at 442 Shady Ln?
    The lot at 442 Shady Ln in Ely, MN is about 2.4 acres.

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