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Sold on 07/12/2021
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2316 Balsam Ln, Ely, MN 55731

$608,000

Last sold 07/12/2021 for $449K

  • 3

    bed

  • —

    bath

  • 896

    Sqft ($501/Sqft)

House not for sale
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About 2316 Balsam Ln

Property type House
Year built 2008
HOA fee $0/month
Lot size 4 Sqft
Movoto estimate
Property description
This 3-bedroom single-family home is located at 2316 Balsam Ln, Ely, MN, 55731 in Saint Louis County and was built in 2008. This home offers 896 square feet of living space on a 3.65-acre lot. The estimated market value is $608,000, approximately $679 per square foot.
$608K
Range: $352K-$863K
Last 30 days 
  • — Off Market
    —
  • Jul 2021
    Public Records
  • Jul 12, 2021 Sold
    $449,000 (+32.1%)
  • Oct 2013
    Public Records
  • Oct 31, 2013 Sold
    $340,000
  • Year Property taxes Tax assessment
  • 2026
    $3,562 +1.0%
    $425,900 +5.71%
  • 2025
    $3,526 -0.7%
    $402,900
  • 2024
    $3,550 -9.2%
    $402,900
  • 2023
    $3,908 +37.5%
    $402,900 +43.79%
  • 2022
    $2,842 -18.3%
    $280,200
  • 2021
    $3,478 +7.7%
    $280,200
  • 2020
    $3,228 +10.9%
    $280,200 +8.27%
  • 2019
    $2,910 +7.0%
    $258,800 +6.28%
  • 2018
    $2,720 -0.9%
    $243,500 -14.89%
  • 2017
    $2,744 -13.1%
    $286,100
  • 2016
    $3,158
    $286,100
  • 2316 Balsam Ln
    $449K
  • —
  • 55731
    $599K +28% y/y
  • Ely
    $599K +24% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
2310 Balsam Ln, Ely, MN 55731 $552,000 2/— 1,404 0.02
2170 Wolf Creek Pass, Ely, MN 55731 $573,000 4/2 2,076 0.12
2256 Balsam Ln, Ely, MN 55731 $363,000 —/— 576 0.15
2254 Balsam Ln, Ely, MN 55731 $384,000 2/— 480 0.19
2130 Wolf Creek Pass, Ely, MN 55731 $447,000 2/— 832 0.21
2140 Wolf Creek Pass, Ely, MN 55731 $475,000 2/1 1,080 0.21
2126 Wolf Creek Pass, Ely, MN 55731 $405,000 —/— 256 0.26
2131 Wolf Creek Pass, Ely, MN 55731 $115,000 —/— — 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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