Sold for $195,000 on 10/11/24
$195,000
514 E Boundary St, Ely, MN 55731
3beds
2,024sqft
Single Family Residence
Built in 1954
8,276.4 Square Feet Lot
$207,500 Zestimate®
$96/sqft
$2,054 Estimated rent
Home value
$207,500
$178,000 - $241,000
$2,054/mo
Zestimate® history
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What's special
Your Dream Home Awaits! Charming 3 BR, 2 BA home, perfect for first-time homebuyers and young professionals or anyone else wanting a move in ready home! This beautifully updated 3-bedroom, 2-bathroom home is a blend of modern upgrades and timeless charm. Key Features include spacious living area with coved living room ceilings and arched doorways create an inviting ambiance, complemented by lovely hardwood floors throughout. Modern upgrades are newer Marvin Windows and updated bathrooms, ensuring comfort and efficiency. The kitchen features beautiful oak cabinets with stained glass details and Glass Block windows, providing both privacy and ample natural light. Indoor-Outdoor Living. Marvin Window patio doors open from the dining room to a large deck, perfect for entertaining or relaxing in the massive backyard. Additional Space! The semi-finished basement includes a wood-burning fireplace (non-working) and plumbing for a wet bar. The third bedroom boasts egress windows, offering flexibility for various uses.
Zillow last checked: 8 hours ago
Listing updated: September 08, 2025 at 04:25pm
Listed by:
Andrea Zupancich 218-749-0159,
Z' Up North Realty
Bought with:
Heather Franciskovich, MN 40675808
Keller Williams Classic Realty NW - Ely
Source: Lake Superior Area Realtors,MLS#: 6116096
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11 x 12
Bedroom
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9 x 9
Bedroom
- Description: Egress Window Cedar lined closet Built in drawers
- Level: Lower
- Area: 123.5 Square Feet
- Dimensions: 9.5 x 13
Dining room
- Description: Hardwood floors Patio door leading to the back deck
- Level: Main
- Area: 126 Square Feet
- Dimensions: 9 x 14
Kitchen
- Description: Custom oak cabinets some with leaded glass New vinyl plank flooring Eating counter w/bar stools Overlooks dining room
- Level: Main
- Area: 153 Square Feet
- Dimensions: 9 x 17
Laundry
- Description: Washer & Dryer Hook-ups Utility sink Circuit breaker box - 200 amp
- Level: Lower
- Area: 161.5 Square Feet
- Dimensions: 8.5 x 19
Living room
- Description: Oak flooring New Marvin windows
- Level: Main
- Area: 240 Square Feet
- Dimensions: 12 x 20
Rec room
- Description: New vinyl plank flooring Plumbing for a bar Fireplace (Non-working)
- Level: Lower
- Area: 273 Square Feet
- Dimensions: 13 x 21
Heating
- Forced Air, Oil
Cooling
- Central Air
Appliances
- Included: Water Heater-Electric, Dishwasher, Dryer, Microwave, Range, Washer
- Laundry: Dryer Hook-Ups, Washer Hookup
Features
- Natural Woodwork
- Flooring: Hardwood Floors, Tiled Floors
- Doors: Patio Door
- Windows: Wood Frames
- Basement: Full,Egress Windows,Finished,Family/Rec Room,Fireplace,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Basement
Interior area
- Total interior livable area: 2,024 sqft
- Finished area above ground: 1,064
- Finished area below ground: 960
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Concrete, Attached, Insulation, Slab
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Exterior features: Rain Gutters
- Has view: Yes
- View description: City Lights
Lot
- Size: 8,276 sqft
- Dimensions: 60 x 144
- Features: Some Trees, Level
- Residential vegetation: Partially Wooded
Details
- Additional structures: Storage Shed
- Foundation area: 1008
- Parcel number: 030036500255
- Zoning description: Residential
- Other equipment: Fuel Tank-Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood, Frame/Wood
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Previously Owned
- Year built: 1954
Utilities & green energy
- Electric: City Of Ely
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & neighborhood
Location
- Region: Ely
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2024 | Sold | $195,000-4.9%$96/sqft |
Source: | ||
| 9/17/2024 | Pending sale | $205,000$101/sqft |
Source: | ||
| 9/14/2024 | Listed for sale | $205,000+8.5%$101/sqft |
Source: | ||
| 12/2/2021 | Sold | $189,000$93/sqft |
Source: Public Record | ||
| 11/15/2021 | Pending sale | $189,000$93/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,104 +58% | $178,500 +5.6% |
| 2023 | $1,332 +27.6% | $169,000 +49.2% |
| 2022 | $1,044 -38.1% | $113,300 +18.9% |
Find assessor info on the county website
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Memorial Middle SchoolGrades: 6-8Distance: 0.2 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 0.2 mi

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