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Off market
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  • $140,500

    277 N 5th Ave E, Ely, MN 55731

    2beds
    1,281sqft
    SingleFamily
    Built in 1890
    0.3 Acres Lot
    $140,500 Zestimate®
    $110/sqft
    $1,539 Estimated rent

    Home value

    $140,500

    $133,000 - $148,000

    $1,539/mo

    Zestimate® history
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    $719/mo

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    What's special

    DON'T PAY LAKESHORE TAXES!! Here is your opportunity to own an in-town cabin at an affordable price - or make it your year around home. Trailer your boat to any of the area's many lakes. Just a short walk downtown to enjoy Ely's great restaurants and shopping. Yard has several fruit trees and lilac bushes. Propane wall furnace in living room and some kitchen upgrades.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Radiant, Propane / Butane
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,281 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 030028500350

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Roof: Composition
    Condition
    • Year built: 1890

    Community & HOA

    Location
    • Region: Ely

    Financial & listing details

    • Price per square foot: $110/sqft
    • Tax assessed value: $77,500
    • Annual tax amount: $496

    Price history

    DateEventPrice
    6/30/2026Listing removed$146,500$114/sqft
    Source: Range AOR #149704 Report a problem
    4/30/2026Price change$146,500-1.3%$114/sqft
    Source: Range AOR #149704 Report a problem
    4/2/2026Listed for sale$148,500+32.6%$116/sqft
    Source: Range AOR #149704 Report a problem
    12/7/2021Sold$112,000-2.5%$87/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6100054 Report a problem
    10/31/2021Contingent$114,900$90/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6100054 Report a problem
    10/6/2021Listed for sale$114,900+1049%$90/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6100054 Report a problem
    2/8/2017Sold$10,000-50%$8/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6023337 Report a problem
    10/14/2016Price change$20,000-20%$16/sqft
    Source: Culbert Realty, Inc - Ely #129787 Report a problem
    10/5/2016Price change$25,000-35.1%$20/sqft
    Source: Culbert Realty, Inc - Ely #129787 Report a problem
    6/21/2016Listed for sale$38,500-35.7%$30/sqft
    Source: Culbert Realty, Inc - Ely #129787 Report a problem
    10/17/2012Listing removed$59,900$47/sqft
    Source: Culbert Realty - Ely #28508 Report a problem
    10/11/2012Listed for sale$59,900$47/sqft
    Source: Culbert Realty - Ely #28508 Report a problem
    5/20/2012Listing removed$59,900$47/sqft
    Source: Culbert Realty - Ely #29244 Report a problem
    6/7/2010Listed for sale$59,900+19.8%$47/sqft
    Source: Culbert Realty - Ely #28508 Report a problem
    10/1/2008Sold$50,000$39/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$496 +78.4%$77,500 +5.3%
    2023$278 +15.8%$73,600 +61.4%
    2022$240 -66.2%$45,600 +16.9%
    2021$710 $39,000 +8.6%
    2020$710 $35,900
    2019$710 +0.9%$35,900 -2.2%
    2018$704 +2.9%$36,700
    2017$684 -2.8%$36,700 +4.9%
    2016$704 -37.6%$35,000 -4.9%
    2015$1,128 +62.1%$36,800
    2014$696 +1.5%$36,800
    2013$686 -4%$36,800 -2.1%
    2012$715 +22.3%$37,600 -1.8%
    2011$584 +2.4%$38,300 -5.4%
    2010$571 $40,500
    2009$571 -6.1%$40,500 -1.7%
    2008$608 -1.8%$41,200
    2007$619 +10.8%$41,200 +11.1%
    2006$558 +4%$37,100 +32%
    2004$537 +4.9%$28,100 +12%
    2003$512 +85.2%$25,100 +94.6%
    2002$276 -6.4%$12,900 +8.4%
    2001$295 +12.4%$11,900 +8.2%
    2000$263 $11,000
    Find assessor info on the county website

    Neighborhood: 55731

    Nearby schools

    GreatSchools rating
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