742 E Boundary St, Ely, MN 55731
OFF MARKET

$334,300

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 960 sqft (on 0.33 acres)

742 E Boundary St, Ely, MN 55731

Est. Refi. Payment $2,203/mo*
Refinance Your Home
Currently Off Market - Sold Jul 20, 2005 for $204,800

Home Value

Trulia Estimate
$334K
Since last month
Decreased$4K (-1.1%)
Since last year
Increased$28K (+9.2%)
Since last sale
Increased$130K (+63.2%)
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 +104% in the last 10 years
MonthEstimated value
2026
September 2026$334K
August 2026$338K
July 2026$337K
June 2026$338K
May 2026$329K
April 2026$326K
March 2026$324K
February 2026$312K
January 2026$309K
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
638 E James St, Ely, MN
0.10
Single-Family Home
$230,000
05/01/26
3
1.5
1,350
545 E Wilson St, Ely, MN
0.14
Single-Family Home
$220,000
04/15/26
3
2
1,544
712 E Pattison St, Ely, MN
0.13
Single-Family Home
$249,900
05/29/26
3
2
1,170
647 E Boundary St, Ely, MN
0.07
Single-Family Home
$195,000
10/07/25
3
2
2,000
1027 E Chapman St, Ely, MN
0.46
Single-Family Home
$180,500
10/15/25
4
2
1,496
137 E Boundary St, Ely, MN
0.42
Single-Family Home
$209,000
12/12/25
2
2
1,287
246 N 5th Ave E, Ely, MN
0.60
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
36 E Beacon Hill Rd, Ely, MN
0.57
Single-Family Home
$198,000
11/12/25
3
2
1,920
124 E White St, Ely, MN
0.48
Single-Family Home
$195,000
04/06/26
3
3
1,200
954 E Camp St, Ely, MN
0.53
Single-Family Home
$150,000
09/17/26
4
2
1,450

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
745 E James St, Ely, MN 55731
0.09
$177,600
3
1
1,230
Off Market
713 E James St, Ely, MN 55731
0.10
$179,600
3
2
1,376
Off Market
647 E Boundary St, Ely, MN 55731
0.07
$198,800
3
2
2,000
Off Market
638 E Boundary St, Ely, MN 55731
0.08
$238,800
3
1.5
1,716
Off Market
9xx James St, Ely, MN 55731
0.13
-
-
-
-
Off Market
638 E James St, Ely, MN 55731
0.10
$230,000
3
1.5
1,350
Recently Sold
645 E James St, Ely, MN 55731
0.11
$178,700
4
1.5
1,390
Off Market
712 E Pattison St, Ely, MN 55731
0.13
$249,900
3
2
1,170
Recently Sold
647 JAMES ST, Ely, MN 55731
0.12
$214,600
5
3
-
Off Market
628 E Boundary St, Ely, MN 55731
0.09
$234,900
3
2
1,644
Off Market
408 S 7th Ave E, Ely, MN 55731
0.14
$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

Local Information

  • Map ViewExplore the area around 742 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 2002
0.33 acre lot
960 sqft
$348/sqft
Garage

About this House

Beautiful home on edge of town offering expansive southern views from the open DR, KI, & LR! Home gives you a north woods feel w/tongue & groove throughout, cathedral ceilings & fieldstone fireplace. Carpeted LR has the fireplace as a centerpiece, & DR & KI offer hickory cabinets. Large covered deck. Master BR has an attached BA. Main floor laundry. Loft BR offering more expansive views to the south. Walkout basement has a large rec. room w/surround sound system, den & full BA. Brokered And Advertised By: Bear Island Land Co., Inc Listing Agent: Bruce Chernak
742 E Boundary St, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 960 sqft single-family home built in 2002. It last sold for $204,800 on Jul 20, 2005. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $334,300, with a rent estimate of $1,616/month.

Home Details for 742 E Boundary St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1.2000000476837158
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: Wood
Parking & Garage
GarageParking Spaces: 3Parking: Garage Detached

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.33 acres

Price and Tax history

DateEventPrice
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$219,900
Oct 11, 2012
Source: Agent Provided
Listed For Sale
$219,900
Jul 20, 2005
Source: N/A
Sold
$204,800
Sep 5, 2001
Source: N/A
Sold
$15,900

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 742 E Boundary St

  • What is 742 E Boundary St estimated to be worth?
    Trulia's estimated value for 742 E Boundary St in Ely, MN is $334,300.
  • What is the price history for 742 E Boundary St?
    742 E Boundary St in Ely, MN last sold for $204,800 in July 2005.
  • 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 742 E Boundary St have air conditioning?
    Yes, 742 E Boundary St in Ely, MN has air conditioning.
  • How big is the lot at 742 E Boundary St?
    The lot at 742 E Boundary St in Ely, MN is about 0.33 acres (14,374 sq ft).

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