535 E Boundary St, Ely, MN 55731
OFF MARKET

$282,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,016 sqft

535 E Boundary St, Ely, MN 55731

Est. Refi. Payment $1,860/mo*
Refinance Your Home
Currently Off Market - Sold Jan 30, 2024 for $250,000

Home Value

Trulia Estimate
$283K
Since last month
Increased$5K (+1.9%)
Since last year
Increased$13K (+5%)
Since last sale
Increased$33K (+13%)
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 +285% in the last 10 years
MonthEstimated value
2026
September 2026$283K
August 2026$277K
July 2026$278K
June 2026$282K
May 2026$277K
April 2026$273K
March 2026$271K
February 2026$263K
January 2026$258K
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
647 E Boundary St, Ely, MN
0.08
Single-Family Home
$195,000
10/07/25
3
2
2,000
638 E James St, Ely, MN
0.08
Single-Family Home
$230,000
05/01/26
3
1.5
1,350
545 E Wilson St, Ely, MN
0.07
Single-Family Home
$220,000
04/15/26
3
2
1,544
712 E Pattison St, Ely, MN
0.15
Single-Family Home
$249,900
05/29/26
3
2
1,170
313 E Chapman St, Ely, MN
0.41
Single-Family Home
$216,000
03/02/26
4
2.5
1,824
137 E Boundary St, Ely, MN
0.27
Single-Family Home
$209,000
12/12/25
2
2
1,287
2 E Conan St, Ely, MN
0.44
Single-Family Home
$178,000
08/24/26
3
2
1,472
118 E James St, Ely, MN
0.30
Single-Family Home
$275,000
08/03/26
3
1
1,882
36 E Beacon Hill Rd, Ely, MN
0.48
Single-Family Home
$198,000
11/12/25
3
2
1,920

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
519 E Boundary St, Ely, MN 55731
0.02
$173,900
3
1
1,167
Off Market
513 E Boundary St, Ely, MN 55731
0.03
$105,200
2
1
658
Off Market
514 E Boundary St, Ely, MN 55731
0.04
$247,500
3
2
2,024
Off Market
545 E Wilson St, Ely, MN 55731
0.07
$220,000
3
2
1,544
Recently Sold
409 E Boundary St, Ely, MN 55731
0.09
$227,600
4
2
1,450
Off Market
628 E Boundary St, Ely, MN 55731
0.07
$234,900
3
2
1,644
Off Market
512 E Pattison St, Ely, MN 55731
0.09
$176,700
2
1
980
Off Market
615 E Wilson St, Ely, MN 55731
0.08
$241,400
3
2.5
1,708
Off Market
638 E Boundary St, Ely, MN 55731
0.08
$237,900
3
1.5
1,716
Off Market
638 E James St, Ely, MN 55731
0.08
$230,000
3
1.5
1,350
Recently Sold
524 E Pattison St, Ely, MN 55731
0.09
$283,700
4
2
2,728
Off Market

Local Information

  • Map ViewExplore the area around 535 E Boundary St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1955
2,016 sqft
$140/sqft
Garage

About this House

Tremendous updated Ely Home in a very desirable quiet location just a few blocks from the public schools. This is a feel good home. It is comfortable, warm and has many features and updates. The main level has 2 bedrooms, 1 bath, kitchen, pantry closet, formal dining room and living room. the attic area was remodeled to offer an insulated full storage area. Added was a metal roof, full home 200 amp rewire, large front deck with retractable awning. Fully remodeled basement has a 3rd bedroom, 2nd bath with attached electric sauna, den, wet bar, large laundry room, new boiler storage room and craft room. This home is in excellent condition and is well cared for. The yard has been landscaped along the front and side with a full, extensive vegetable garden in the back yard. If your green thumb beckons you to an organic black dirt garden this is for you! This garden offers you to grow your own vegetables in the staked out plot. Extra footage in the spacious two car plus garage with workbench and plenty of storage shelving along with a 60 Amp Electric Sub Panel. The basement is dry. New propane fireplaces and high energy efficient propane boiler replaced the older heating system. Also installed was Mini Split Heat pump with A/C. Built in 1955, this brick plus wood frame, sheet rocked home, hardwood flooring home is from a time of excellent craftsmanship.
535 E Boundary St, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 2,016 sqft single-family home built in 1955. It last sold for $250,000 on Jan 30, 2024 (6% below the $265,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $282,600, with a rent estimate of $2,081/month.
Last check for updates: about 21 hours ago
Listed by Jerry Fink, (218) 343-1318
Canoe Capital Realty, LLC
Bought with: Julian Rasmusson, (651) 270-8911, Z' Up North Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6109089

Home Details for 535 E Boundary St

Interior Features

Interior Details
Basement: Full,Egress Windows,Finished,Bath,Bedrooms,Den/Office,Family/Rec Room,Fireplace,Utility Room,Washer Hook-Ups,Dryer Hook-UpsNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom, Bathroom, Dining Room, Kitchen, Living Room, Other, Sauna, Utility Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2016 Square FeetFoundation Area: 1008
Heating & Cooling
Heating: Baseboard,Boiler,Fireplace(s),Ductless,OilHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Gas, BasementHas a Fireplace
Gas & Electric
Electric: City Of Ely
Levels, Entrance, & Accessibility
Number of Stories: 1
View
No View

Exterior Features

Exterior Home Features
Roof: MetalFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1008 Square FeetFinished Area (below surface): 1008 Square Feet

Days on Market

Cumulative Days on Market: 137

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Brick, Metal, Composition, Asphalt, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 030042000450

Price & Status

Price
List Price: $265,000
Status Change & Dates
Off Market Date: Wed Dec 06 2023

Active Status

MLS Status: SOLD

Location

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

HOA

No HOA

Lot Information

Lot Area: 6098.4 sqft

Miscellaneous

BasementMls Number: 6109089Attribution Contact: ***Above Grade Unfinished Area: 1008

Price and Tax history

DateEventPrice
Jan 30, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109089
Sold
$250,000
Dec 6, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109089
Pending
$265,000
Jul 25, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109089
PendingToActive
$265,000
Jul 3, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109089
Pending
$265,000
Jun 30, 2023
Source: Lake Superior Area Realtors as distributed by MLS GRID #6109089
Listed For Sale
$265,000

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

Based on information submitted to the MLS GRID as of 2026-09-23 11:02:09 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 535 E Boundary St

  • What is 535 E Boundary St estimated to be worth?
    Trulia's estimated value for 535 E Boundary St in Ely, MN is $282,600.
  • What is the price history for 535 E Boundary St?
    535 E Boundary St in Ely, MN last sold for $250,000 in January 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.
  • Does 535 E Boundary St have air conditioning?
    Yes, 535 E Boundary St in Ely, MN has air conditioning.
  • How big is the lot at 535 E Boundary St?
    The lot at 535 E Boundary St in Ely, MN is about 0.14 acres (6,098 sq ft).

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