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

724 E James St
Ely, MN 55731

  • 2 Beds
  • 2 Baths
  • 2 sqft

$235,300

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,464/mo*
Refinance Your Home

$235,300

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $1,464/mo*
Refinance Your Home
2 Beds
2 Baths
2 sqft

Local Information

  • Map ViewExplore the area around 724 E James 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
1959
Living Area
2 sqft
Price/Sqft
$117,650
Parking
Garage

About this House

This sunny 2+ bedroom home is located on quiet James Street on a large wooded lot. This ranch style home has stunning wood floors, 2 bedrooms, full bath, large living / dining room and kitchen all on main level. Downstairs you will find the 2nd bath, utility and laundry, a non-egress bedroom / den and a workshop / office area. Many updates including new windows, roof, deck and beautiful landscaping. 2-stall garage and storage shed. Move-in ready!
724 E James St, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 2 sqft single-family home built in 1959. It last sold for $137,000 on Jan 31, 2017. It is currently off market. The Trulia Estimate is $235,300, with a rent estimate of $1,785/month.

Home Details for 724 E James St

Interior Features

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

Property Information

Year Built
Year Built: 1959
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
DeckExterior: Other
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 936

Lot Information

Lot Area: 7405 sqft

Price History for 724 E James St

DatePriceEventSource
01/31/2017$137,000Sold
Lake Superior Area Realtors as distributed by MLS GRID #6026101
11/28/2016$139,900PendingAgent Provided
11/17/2016$139,900Listed For SaleAgent Provided
11/30/2001$42,000Sold
N/A

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$1,822
Assessment$161,100
Home facts updated by county records

Comparable Sales for 724 E James St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
638 E James St, Ely, MN
0.06
Single-Family Home
$230,000
05/01/26
3
1.5
1,350
647 E Boundary St, Ely, MN
0.06
Single-Family Home
$195,000
10/07/25
3
2
2,000
712 E Pattison St, Ely, MN
0.07
Single-Family Home
$249,900
05/29/26
3
2
1,170
628 E Boundary St, Ely, MN
0.09
Single-Family Home
$230,000
09/10/25
3
2
1,644
545 E Wilson St, Ely, MN
0.15
Single-Family Home
$220,000
04/15/26
3
2
1,544
845 E White St, Ely, MN
0.19
Single-Family Home
$108,960
12/22/25
2
1
1,150
137 E Boundary St, Ely, MN
0.41
Single-Family Home
$209,000
12/12/25
2
2
1,287
416 E Camp St, Ely, MN
0.49
Single-Family Home
$200,000
01/09/26
2
1.5
1,550
1135 E Harvey St, Ely, MN
0.42
Single-Family Home
$112,000
05/11/26
2
1
1,250
1127 E Chapman St, Ely, MN
0.45
Single-Family Home
$190,000
08/29/25
2
1.5
1,138

Nearby homes

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Assigned Schools

These are the assigned schools for 724 E James 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
    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
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Apartments for Rent

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Homes for sale near 724 E James St

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Off Market Homes Near 724 E James St

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Frequently asked questions about 724 E James St

  • What is 724 E James St estimated to be worth?
    Trulia's estimated value for 724 E James St in Ely, MN is $235,300.
  • What is the price history for 724 E James St?
    724 E James St in Ely, MN last sold for $137,000 in January 2017.
  • 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 724 E James St have air conditioning?
    Yes, 724 E James St in Ely, MN has air conditioning.
  • How big is the lot at 724 E James St?
    The lot at 724 E James St in Ely, MN is about 0.17 acres (7,405 sq ft).