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Sold on 05/18/2023
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2234 Balsam Ln, Ely, MN 55731

$420,000

Last sold 05/18/2023 for $320K

  • 2

    bed

  • —

    bath

  • 576

    Sqft ($556/Sqft)

House not for sale
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About 2234 Balsam Ln

Property type House
Year built 1991
HOA fee $0/month
Movoto estimate
Property description
This 2-bedroom single-family home is located at 2234 Balsam Ln, Ely, MN, 55731 in Saint Louis County and was built in 1991. This home offers 576 square feet of living space. The estimated market value is $420,000, approximately $729 per square foot.
$420K
Range: $378K-$462K
Last 30 days 
  • — Off Market
    —
  • May 2023
    Public Records
  • May 18, 2023 Sold
    $320,000
  • May 2023
  • May 12, 2023 Sold
    $320,000 (-1.4%)
  • Apr 4, 2023 Pending
    —
  • Nov 3, 2022 Listed
    —
  • Oct 26, 2022 Pending
    —
  • Oct 7, 2022 Price Change
    $324,500 (-7.3%)
  • Sep 10, 2022 Price Change
    $349,900 (-5.0%)
  • Aug 21, 2022 Price Change
    $368,500 (-2.6%)
  • Aug 12, 2022 Price Change
    $378,500 (-2.6%)
  • Jul 30, 2022 Listed
    $388,500 (-2.5%)
  • Apr 15, 2022 Listed
    $398,500 (+42.3%)
  • Feb 2021
    Public Records
  • Feb 12, 2021 Sold
    $280,075
  • Feb 2021
  • Feb 6, 2021 Sold
    $280,287 (-6.1%)
  • Feb 4, 2021 Pending
    —
  • Nov 14, 2020 Listed
    $298,500 (+398.3%)
  • Jun 2013
  • Jun 27, 2013 Listed
    $59,900
  • Year Property taxes Tax assessment
  • 2026
    $2,676 +1.1%
    $279,100 +9.28%
  • 2025
    $2,646 +9.5%
    $255,400
  • 2024
    $2,416 -8.6%
    $255,400
  • 2023
    $2,642 +33.6%
    $255,400 +49.71%
  • 2022
    $1,978 -2.4%
    $170,600 +0.89%
  • 2021
    $2,026 +6.4%
    $169,100
  • 2020
    $1,904 +3.3%
    $169,100 +2.18%
  • 2019
    $1,844 +6.3%
    $165,500 +5.82%
  • 2018
    $1,734 -0.7%
    $156,400
  • 2017
    $1,746
    $156,400
  • 2234 Balsam Ln
    $320K
  • —
  • 55731
    $599K +28% y/y
  • Ely
    $599K +24% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
2238 Balsam Ln, Ely, MN 55731 $363,000 —/— 576 0.03
2242 Balsam Ln, Ely, MN 55731 $359,000 2/— 520 0.07
3322 Aspen Ln, Ely, MN 55731 $623,000 3/— 1,374 0.17
3296 Aspen Ln, Ely, MN 55731 $470,000 2/1 864 0.18
2254 Balsam Ln, Ely, MN 55731 $384,000 2/— 480 0.18
2256 Balsam Ln, Ely, MN 55731 $363,000 —/— 576 0.2
3297 Aspen Ln, Ely, MN 55731 $255,000 2/— 720 0.22
3285 Aspen Ln, Ely, MN 55731 $418,000 2/— 696 0.28

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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