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For sale by owner
  • $400,000

    727 S 1st Ave E, Ely, MN 55731

    3beds
    1,900sqft
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    SingleFamily
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $211/sqft
    $-- HOA

    What's special

    Warm inviting feelEasy flowWell-maintained interiorPeaceful surroundings
    Welcome to your move-in ready retreat in the heart of Ely! Nestled in a quiet, family-friendly neighborhood, this home offers the perfect blend of comfort, functionality, and space to gather. Step inside to find a well-maintained interior with a warm, inviting feel and a layout designed for everyday living. Whether you’re hosting holiday gatherings, summer barbecues, or cozy nights in, this home makes entertaining effortless with its spacious living areas and easy flow. Outside, enjoy the peaceful surroundings. Ideal for families or anyone looking to enjoy the charm of small-town living. Located just minutes from local schools, parks, and the natural beauty Ely is known for, you’ll love both the convenience and the tranquility this property provides. This is a home where memories are made—move right in and start your next chapter.
    95 days
    |
    381
    |
    6
    |
    Listed by:

    Property Owner (218) 343-6490

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      Heating
      • Other
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Carpet, Laminate, Linoleum / Vinyl
      • Basement: Finished
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 1,900 sqft

      Property

      Parking
      • Parking features: Garage - Attached
      Features
      • Exterior features: Other, Brick
      Details
      • Parcel number: 030007200450

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Wood
      • Roof: Shake / Shingle
      Condition
      • New construction: No
      • Year built: 1965

      Community & HOA

      Location
      • Region: Ely

      Financial & listing details

      • Price per square foot: $211/sqft
      • Tax assessed value: $318,000
      • Annual tax amount: $4,864
      • Date on market: 4/17/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,139/mo

        Price history

        DateEventPrice
        4/17/2026Listed for sale$400,000$211/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,864 -3.5%$318,000 +4.5%
        2023$5,038 +14%$304,200 +8.7%
        2022$4,418 +6.5%$279,800 +19.6%
        2021$4,148 $234,000 +8.2%
        2020$4,148 $216,300
        2019$4,148 +34.5%$216,300 +8.7%
        2018$3,084 -10.5%$199,000
        2017$3,444 +11.7%$199,000 +11.5%
        2016$3,084 +7.9%$178,500 +8.7%
        2015$2,858 -5.3%$164,200
        2014$3,018 +5.8%$164,200
        2013$2,854 +0.1%$164,200 +2.1%
        2012$2,851 +23.2%$160,800 -13.3%
        2011$2,314 -6.5%$185,400 -8.6%
        2010$2,474 $202,900
        2009$2,474 -5.1%$202,900 +2.3%
        2008$2,606 -1.9%$198,300
        2007$2,656 +16.4%$198,300 +1.4%
        2006$2,281 -3.8%$195,500 +15%
        2004$2,370 -1.6%$170,000 +5.3%
        2003$2,409 +11.8%$161,500 +10%
        2002$2,155 -20.6%$146,800 +8.1%
        2001$2,713 +20.7%$135,800 +8.5%
        2000$2,248 $125,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 55731

        Getting around

        45 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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