729 S 2nd Ave E, Ely, MN 55731
OFF MARKET

$443,300

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,536 sqft (on 0.29 acres)

729 S 2nd Ave E, Ely, MN 55731

Est. Refi. Payment $2,882/mo*
Refinance Your Home

Home Value

Trulia Estimate
$443K
Since last month
Decreased$10K (-2.2%)
Since last year
Increased$30K (+7.1%)
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 +79% in the last 10 years
MonthEstimated value
2026
September 2026$443K
August 2026$453K
July 2026$454K
June 2026$456K
May 2026$447K
April 2026$437K
March 2026$434K
February 2026$420K
January 2026$414K
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
36 E Beacon Hill Rd, Ely, MN
0.23
Single-Family Home
$198,000
11/12/25
3
2
1,920
24 E Conan St, Ely, MN
0.35
Single-Family Home
$272,500
07/10/26
4
1.5
1,400
545 E Wilson St, Ely, MN
0.31
Single-Family Home
$220,000
04/15/26
3
2
1,544
137 E Boundary St, Ely, MN
0.12
Single-Family Home
$209,000
12/12/25
2
2
1,287
118 E James St, Ely, MN
0.18
Single-Family Home
$275,000
08/03/26
3
1
1,882
2 E Conan St, Ely, MN
0.34
Single-Family Home
$178,000
08/24/26
3
2
1,472
236 Ahola Rd, Ely, MN
0.32
Single-Family Home
$364,000
11/17/25
3
2
2,520
638 E James St, Ely, MN
0.40
Single-Family Home
$230,000
05/01/26
3
1.5
1,350
21 White St, Ely, MN
0.32
Single-Family Home
$47,500
10/21/25
3
2
2,130
45 E Boundary St, Ely, MN
0.13
Single-Family Home
$35,000
10/24/25
3
1
1,134

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
40 Allaire St, Ely, MN 55731
0.08
-
-
-
-
Off Market
4 E Boundary St, Ely, MN 55731
0.11
$274,400
2
1.5
1,514
Off Market
232 E Boundary St, Ely, MN 55731
0.12
$305,800
4
2.5
2,160
Off Market
137 E Boundary St, Ely, MN 55731
0.12
$209,000
2
2
1,287
Recently Sold
37 E Boundary St, Ely, MN 55731
0.13
$189,000
2
2
1,058
For Sale
23 E Boundary St, Ely, MN 55731
0.14
$256,300
2
2.5
810
Off Market
14 E James St, Ely, MN 55731
0.18
$224,900
4
1.5
1,360
Off Market
118 E James St, Ely, MN 55731
0.18
$275,000
3
1
1,882
Recently Sold
105 E James St, Ely, MN 55731
0.19
$235,300
3
1
1,436
Off Market
112 E Beacon Hill Rd, Ely, MN 55731
0.23
$258,200
2
2
2,080
Off Market
36 E Beacon Hill Rd, Ely, MN 55731
0.23
$201,500
3
2
1,920
Off Market
138 E Pattison St, Ely, MN 55731
0.21
$211,600
3
1.5
1,360
Off Market

Local Information

  • Map ViewExplore the area around 729 S 2nd Ave E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1997
0.29 acre lot
1,536 sqft
$289/sqft
Garage

About this House

Beautiful brick home, 5 years old, offers virtually maintenance free home ownership, hardwood floors, cathedral ceiling in LR, 2.5 BA, 4 BR w/ master BR featuring a walk-in closet & BA, 2 fireplaces, sauna, rec. room, laundry room, & air conditioning There is plenty of room to house your vehicles & toys w/a 2-stall attached garage & 2-stall detached garage that is insulated & heated. Home is situated on a nicely landscaped lot w/norway pines & birch trees surrounding. Enjoy the convenience of being in town Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Wesley Crawford
729 S 2nd Ave E, Ely, MN 55731 is a 4 bedroom, 2 bathroom, 1,536 sqft single-family home built in 1997. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $443,300, with a rent estimate of $2,115/month.

Home Details for 729 S 2nd Ave E

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: BrickPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1997
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 0.29 acres

Price and Tax history

DateEventPrice
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$295,000
Oct 11, 2012
Source: Agent Provided
Listed For Sale
$295,000

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 729 S 2nd Ave E

  • What is 729 S 2nd Ave E estimated to be worth?
    Trulia's estimated value for 729 S 2nd Ave E in Ely, MN is $443,300.
  • 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.
  • What are the closest schools to 729 S 2nd Ave E?
    The closest schools to 729 S 2nd Ave E in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).
  • Does 729 S 2nd Ave E have air conditioning?
    Yes, 729 S 2nd Ave E in Ely, MN has air conditioning.
  • How big is the lot at 729 S 2nd Ave E?
    The lot at 729 S 2nd Ave E in Ely, MN is about 0.29 acres (12,632 sq ft).

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 729 S 2nd Ave E

Skip to last item
Skip to first item

Homes for sale near 729 S 2nd Ave E

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