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2194 Highway 1, Ely, MN 55731

$555,000

Last sold date unavailable

  • 3

    bed

  • —

    bath

  • 2,640

    Sqft ($290/Sqft)

House not for sale
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About 2194 Highway 1

Property type House
Year built 1920
HOA fee $0/month
Lot size 33 Sqft
Movoto estimate
Property description
This 3-bedroom single-family home is located at 2194 Highway 1, Ely, MN, 55731 in Saint Louis County and was built in 1920. This home offers 2,640 square feet of living space on a 33.05-acre lot. The estimated market value is $555,000, approximately $210 per square foot.
$555K
Range: $327K-$782K
Last 30 days 
  • Year Property taxes Tax assessment
  • 2025
    $5,178 +18.4%
    $496,800
  • 2024
    $4,374 +4.7%
    $496,800 +14.15%
  • 2023
    $4,178 +15.7%
    $435,200 +24.45%
  • 2022
    $3,612 +3.0%
    $349,700 +8.94%
  • 2021
    $3,508 +8.1%
    $321,000
  • 2020
    $3,244 +10.8%
    $321,000 +5.73%
  • 2019
    $2,928 +1.0%
    $303,600 +0.03%
  • 2018
    $2,900 +9.4%
    $303,500 +8.59%
  • 2017
    $2,652 +1.8%
    $279,500 +5.71%
  • 2016
    $2,606
    $264,400
  • 2194 Highway 1
    $764K
  • —
  • 55731
    $475K +5% y/y
  • Ely
    $475K +5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
2175 Highway 1, Ely, MN 55731 $264,000 3/1 1,084 0.11
2207 Highway 1, Ely, MN 55731 $397,000 2/1 1,648 0.12
2141 Highway 1, Ely, MN 55731 $453,000 3/2 1,566 0.22
1509 Johnson Crk, Ely, MN 55731 $65,800 —/— 120 0.3
1487 N White Iron Rd, Ely, MN 55731 $435,000 3/1 1,444 0.34
2257 Highway 1, Ely, MN 55731 $380,000 3/2 1,472 0.37
2208 Highway 1, Ely, MN 55731 $449,000 3/2 1,539 0.37
1534 Johnson Crk, Ely, MN 55731 $276,000 3/1 648 0.41

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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5/10
Washington Elementary School
public Grades PK, K-5
Ely Public School District
8/10
Memorial Secondary
public Grades 9-12
Ely Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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