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2254 Balsam Ln, Ely, MN 55731

  • $516,000

    Last sold date unavailable

  • 2

    bed

  • —

    bath

  • 480

    Sqft ($641/Sqft)

House not for sale
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About 2254 Balsam Ln

Property type House
Year built 1979
HOA fee $0/month
Movoto estimate
Property description
This 2-bedroom single-family home is located at 2254 Balsam Ln, Ely, MN, 55731 in Saint Louis County and was built in 1979. This home offers 480 square feet of living space. The estimated market value is $516,000, approximately $1,075 per square foot.
$516K
Range: $211K-$820K
Last 30 days 
  • Year Property taxes Tax assessment
  • 2025
    $2,140 +3.9%
    $223,600
  • 2024
    $2,060 -8.7%
    $223,600
  • 2023
    $2,256 +18.1%
    $223,600 +31.61%
  • 2022
    $1,910 -3.3%
    $169,900
  • 2021
    $1,976 +5.8%
    $169,900
  • 2020
    $1,868 +3.5%
    $169,900 +2.6%
  • 2019
    $1,804 +6.4%
    $165,600 +5.75%
  • 2018
    $1,696
    $156,600
  • 2254 Balsam Ln
    $307K
  • —
  • 55731
    $475K +5% y/y
  • Ely
    $475K +5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
2256 Balsam Ln, Ely, MN 55731 $487,000 —/— 576 0.03
2242 Balsam Ln, Ely, MN 55731 $484,000 2/— 520 0.12
2238 Balsam Ln, Ely, MN 55731 $487,000 —/— 576 0.16
2310 Balsam Ln, Ely, MN 55731 $782,000 2/— 1,404 0.18
2234 Balsam Ln, Ely, MN 55731 $544,000 2/— 576 0.18
2316 Balsam Ln, Ely, MN 55731 $601,000 3/— 896 0.19
2170 Wolf Creek Pass, Ely, MN 55731 $588,000 4/2 2,076 0.26
3296 Aspen Ln, Ely, MN 55731 $649,000 2/1 864 0.31

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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