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

$175,400

Trulia Estimate
  • 4 Beds
  • 1 Bath
  • 1,104 sqft

706 E James St, Ely, MN 55731

Est. Refi. Payment $1,185/mo*
Refinance Your Home
Currently Off Market - Sold Jul 10, 2020 for $119,000

Home Value

Trulia Estimate
$175K
Since last month
Decreased$5K (-2.7%)
Since last year
Increased$2K (+1.2%)
Since last sale
Increased$56K (+47.4%)
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 +191% in the last 10 years
MonthEstimated value
2026
September 2026$175K
August 2026$180K
July 2026$181K
June 2026$182K
May 2026$178K
April 2026$175K
March 2026$175K
February 2026$168K
January 2026$165K
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
845 E White St, Ely, MN
0.20
Single-Family Home
$108,960
12/22/25
2
1
1,150
712 E Pattison St, Ely, MN
0.07
Single-Family Home
$249,900
05/29/26
3
2
1,170
638 E James St, Ely, MN
0.04
Single-Family Home
$230,000
05/01/26
3
1.5
1,350
1135 E Harvey St, Ely, MN
0.43
Single-Family Home
$112,000
05/11/26
2
1
1,250
647 E Boundary St, Ely, MN
0.04
Single-Family Home
$195,000
10/07/25
3
2
2,000
545 E Wilson St, Ely, MN
0.14
Single-Family Home
$220,000
04/15/26
3
2
1,544
45 E Boundary St, Ely, MN
0.44
Single-Family Home
$35,000
10/24/25
3
1
1,134
1229 E Sheridan St, Ely, MN
0.57
Single-Family Home
$154,900
05/08/26
2
1.5
1,012
124 S 14th Ave E, Ely, MN
0.55
Single-Family Home
$210,000
10/09/25
3
1
1,186

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
647 E Boundary St, Ely, MN 55731
0.04
$198,800
3
2
2,000
Off Market
638 E Boundary St, Ely, MN 55731
0.07
$238,800
3
1.5
1,716
Off Market
638 E James St, Ely, MN 55731
0.04
$230,000
3
1.5
1,350
Recently Sold
713 E James St, Ely, MN 55731
0.03
$179,600
3
2
1,376
Off Market
628 E Boundary St, Ely, MN 55731
0.07
$234,900
3
2
1,644
Off Market
745 E James St, Ely, MN 55731
0.06
$177,600
3
1
1,230
Off Market
645 E James St, Ely, MN 55731
0.04
$178,700
4
1.5
1,390
Off Market
647 JAMES ST, Ely, MN 55731
0.05
$214,600
5
3
-
Off Market
712 E Pattison St, Ely, MN 55731
0.07
$249,900
3
2
1,170
Recently Sold
408 S 7th Ave E, Ely, MN 55731
0.07
$239,000
2
1
992
For Sale
615 E Wilson St, Ely, MN 55731
0.11
$245,000
3
2.5
1,708
Off Market
614 E Pattison St, Ely, MN 55731
0.09
$195,900
4
2
2,076
Off Market

Local Information

  • Map ViewExplore the area around 706 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 1939
1,104 sqft
$159/sqft
Garage

About this House

This single-family home is located at 706 E James St, Ely, MN. 706 E James St is in Ely, MN and in ZIP code 55731. This property has 4 bedrooms, 1 bathroom and approximately 1,104 sqft of floor space. This property has a lot size of 6098 sqft and was built in 1939.
706 E James St, Ely, MN 55731 is a 4 bedroom, 1 bathroom, 1,104 sqft single-family home built in 1939. It last sold for $119,000 on Jul 10, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $175,400, with a rent estimate of $1,793/month.

Home Details for 706 E James St

Interior Features

Interior Details
BasementTypes of Rooms: Dining Room, Pantry
Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1939
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
DeckPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Jul 10, 2020
Source: Lake Superior Area Realtors as distributed by MLS GRID #6088604
Sold
$119,000
May 28, 2020
Source: Agent Provided
Pending
$119,000
May 15, 2020
Source: Agent Provided
PriceChange
$119,000
Price decreased by 3%
Mar 4, 2020
Source: Agent Provided
Listed For Sale
$122,900
Jul 7, 2017
Source: Lake Superior Area Realtors as distributed by MLS GRID #6028509
Sold
$96,500

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 706 E James St

  • What is 706 E James St estimated to be worth?
    Trulia's estimated value for 706 E James St in Ely, MN is $175,400.
  • What is the price history for 706 E James St?
    706 E James St in Ely, MN last sold for $119,000 in July 2020.
  • 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 706 E James St have air conditioning?
    Yes, 706 E James St in Ely, MN has air conditioning.
  • How big is the lot at 706 E James St?
    The lot at 706 E James St in Ely, MN is about 0.14 acres (6,098 sq ft).

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