505 E Wilson St, Ely, MN 55731
Property image
Property image
OFF MARKET

505 E Wilson St
Ely, MN 55731

  • 2 Beds
  • 1.5 Baths
  • 713 sqft

$121,100

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $790/mo*
Refinance Your Home

$121,100

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $790/mo*
Refinance Your Home
2 Beds
1.5 Baths
713 sqft

Local Information

  • Map ViewExplore the area around 505 E Wilson St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1940
Living Area
713 sqft
Price/Sqft
$170
Parking
Garage

About this House

This single-family home is located at 505 E Wilson St, Ely, MN. 505 E Wilson St is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 2 bathrooms and approximately 713 sqft of floor space. This property has a lot size of 6098 sqft and was built in 1940.
505 E Wilson St, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 713 sqft single-family home built in 1940. It last sold for $41,000 on Jan 20, 2016. It is currently off market. The Trulia Estimate is $121,100, with a rent estimate of $1,473/month.

Home Details for 505 E Wilson St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Other, OilAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
Exterior: Other
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price History for 505 E Wilson St

DatePriceEventSource
01/20/2016$41,000Sold
N/A
11/05/2015$48,500PendingAgent Provided
11/05/2015$48,500Listed For SaleAgent Provided
08/17/2014$48,500ListingRemovedAgent Provided
06/23/2014$48,500PriceChange
Agent Provided
01/29/2014$49,900PriceChange
Agent Provided
07/25/2013$52,000Listed For SaleAgent Provided

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16MoM
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Property Tax and Assessment

Year2024
Tax$1,052
Assessment$65,000
Home facts updated by county records

Comparable Sales for 505 E Wilson St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
45 E Boundary St, Ely, MN
0.31
Single-Family Home
$35,000
10/24/25
3
1
1,134
845 E White St, Ely, MN
0.36
Single-Family Home
$108,960
12/22/25
2
1
1,150
137 E Boundary St, Ely, MN
0.25
Single-Family Home
$209,000
12/12/25
2
2
1,287
21 White St, Ely, MN
0.41
Single-Family Home
$47,500
10/21/25
3
2
2,130
712 E Pattison St, Ely, MN
0.22
Single-Family Home
$249,900
05/29/26
3
2
1,170
545 E Wilson St, Ely, MN
0.04
Single-Family Home
$220,000
04/15/26
3
2
1,544
638 E James St, Ely, MN
0.14
Single-Family Home
$230,000
05/01/26
3
1.5
1,350
647 E Boundary St, Ely, MN
0.13
Single-Family Home
$195,000
10/07/25
3
2
2,000
628 E Boundary St, Ely, MN
0.10
Single-Family Home
$230,000
09/10/25
3
2
1,644
1135 E Harvey St, Ely, MN
0.60
Single-Family Home
$112,000
05/11/26
2
1
1,250

Nearby homes

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Assigned Schools

These are the assigned schools for 505 E Wilson St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
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  • 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
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  • 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
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Apartments for Rent

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Homes for sale near 505 E Wilson St

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Off Market Homes Near 505 E Wilson St

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Frequently asked questions about 505 E Wilson St

  • What is 505 E Wilson St estimated to be worth?
    Trulia's estimated value for 505 E Wilson St in Ely, MN is $121,100.
  • What is the price history for 505 E Wilson St?
    505 E Wilson St in Ely, MN last sold for $41,000 in January 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 505 E Wilson St have air conditioning?
    Yes, 505 E Wilson St in Ely, MN has air conditioning.
  • How big is the lot at 505 E Wilson St?
    The lot at 505 E Wilson St in Ely, MN is about 0.14 acres (6,098 sq ft).