48 E James St, Ely, MN 55731
Property image
Property image
OFF MARKET

$207,900

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 934 sqft

48 E James St, Ely, MN 55731

Est. Refi. Payment $1,392/mo*
Refinance Your Home
Currently Off Market - Sold Aug 31, 2023 for $205,000

Home Value

Trulia Estimate
$208K
Since last month
Decreased$3K (-1.3%)
Since last year
Decreased$1K (-0.6%)
Since last sale
Increased$2K (+1.2%)
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 +198% in the last 10 years
MonthEstimated value
2026
September 2026$207K
August 2026$210K
July 2026$214K
June 2026$215K
May 2026$212K
April 2026$209K
March 2026$208K
February 2026$201K
January 2026$200K
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
137 E Boundary St, Ely, MN
0.06
Single-Family Home
$209,000
12/12/25
2
2
1,287
27 E Harvey St, Ely, MN
0.28
Single-Family Home
$172,000
04/14/26
2
1.5
1,041
118 E James St, Ely, MN
0.05
Single-Family Home
$275,000
08/03/26
3
1
1,882
45 E Boundary St, Ely, MN
0.03
Single-Family Home
$35,000
10/24/25
3
1
1,134
124 E White St, Ely, MN
0.13
Single-Family Home
$195,000
04/06/26
3
3
1,200
2 E Conan St, Ely, MN
0.19
Single-Family Home
$178,000
08/24/26
3
2
1,472
235 E Harvey St, Ely, MN
0.31
Single-Family Home
$164,000
06/18/26
3
2
1,299
232 W Sheridan St, Ely, MN
0.45
Single-Family Home
$194,000
10/06/25
3
1
963

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
37 E Boundary St, Ely, MN 55731
0.03
$189,000
2
2
1,058
For Sale
23 E Boundary St, Ely, MN 55731
0.04
$256,300
2
2.5
810
Off Market
4 E Boundary St, Ely, MN 55731
0.09
$274,400
2
1.5
1,514
Off Market
14 E James St, Ely, MN 55731
0.04
$224,900
4
1.5
1,360
Off Market
137 E Boundary St, Ely, MN 55731
0.06
$209,000
2
2
1,287
Recently Sold
105 E James St, Ely, MN 55731
0.04
$235,300
3
1
1,436
Off Market
118 E James St, Ely, MN 55731
0.05
$275,000
3
1
1,882
Recently Sold
138 E Pattison St, Ely, MN 55731
0.08
$211,600
3
1.5
1,360
Off Market
19 E Pattison St, Ely, MN 55731
0.10
$182,200
3
2
1,204
Off Market
232 E Boundary St, Ely, MN 55731
0.13
$305,800
4
2.5
2,160
Off Market

Local Information

  • Map ViewExplore the area around 48 E James St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1920
934 sqft
$223/sqft
Garage

About this House

What's unique:Modern styleCharming breakfast nookModern functionalityProfessional landscapingTesla car chargerCaptivating curb appeal
This single-family home is located at 48 E James St, Ely, MN. 48 E James St is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 1 bathroom and approximately 934 sqft of floor space. This property has a lot size of 3049 sqft and was built in 1920.
48 E James St, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 934 sqft single-family home built in 1920. It last sold for $205,000 on Aug 31, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $207,900, with a rent estimate of $1,613/month.

Home Details for 48 E James St

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodPatio
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 3049 sqft

Price and Tax history

DateEventPrice
Aug 31, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109177
Sold
$205,000
Jul 31, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109177
Pending
$225,000
Jul 18, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109177
Contingent
$225,000
Jul 6, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109177
Listed For Sale
$225,000
Mar 3, 2017
Source: NorthstarMLS as distributed by MLS GRID #4742372
Sold
$73,000

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
5MoM

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 48 E James St

  • What is 48 E James St estimated to be worth?
    Trulia's estimated value for 48 E James St in Ely, MN is $207,900.
  • What is the price history for 48 E James St?
    48 E James St in Ely, MN last sold for $205,000 in August 2023.
  • 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 48 E James St have air conditioning?
    Yes, 48 E James St in Ely, MN has air conditioning.
  • How big is the lot at 48 E James St?
    The lot at 48 E James St in Ely, MN is about 0.07 acres (3,049 sq ft).

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 48 E James St

Skip to last item
Skip to first item

Homes for sale near 48 E James St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item