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2340 Reed Rd, Ely, MN 55731

$1,547,000

Last sold date unavailable

  • 2

    bed

  • 2

    bath

  • 979

    Sqft ($442/Sqft)

House not for sale
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About 2340 Reed Rd

Property type House
Year built 2009
HOA fee $0/month
Lot size 5 Sqft
Movoto estimate
Property description
This 2-bedroom, 2-bathroom single-family home is located at 2340 Reed Rd, Ely, MN, 55731 in Saint Louis County and was built in 2009. This home offers 979 square feet of living space on a 5.07-acre lot. The estimated market value is $1,547,000, approximately $1,580 per square foot.
$1.54M
Range: $1M-$2.08M
Last 30 days 
  • Year Property taxes Tax assessment
  • 2025
    $8,064 +5.9%
    $750,700
  • 2024
    $7,616 +11.3%
    $750,700 +18.63%
  • 2023
    $6,844 +6.7%
    $632,800 +16.28%
  • 2022
    $6,416 -3.3%
    $544,200
  • 2021
    $6,638 +5.7%
    $544,200
  • 2020
    $6,278 +14.1%
    $544,200 +11.45%
  • 2019
    $5,500 +0.2%
    $488,300 -0.02%
  • 2018
    $5,490 -0.6%
    $488,400 -2.81%
  • 2017
    $5,524 -2.1%
    $502,500
  • 2016
    $5,644
    $502,500
  • 2340 Reed Rd
    $433K
  • —
  • 55731
    $475K +5% y/y
  • Ely
    $475K +5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
2245 Reed Rd, Ely, MN 55731 $3,063,000 5/5 5,016 0.14
2377 Reed Rd, Ely, MN 55731 $925,000 2/1 1,056 0.18
2337 Reed Rd, Ely, MN 55731 $719,000 4/— 2,650 0.19
2983 Burntside Ridge Trl, Ely, MN 55731 $267,000 —/— 240 0.21
2383 Reed Rd, Ely, MN 55731 $613,000 3/— 1,064 0.22
2313 Reed Rd, Ely, MN 55731 $878,000 —/— — 0.23
2391 Reed Rd, Ely, MN 55731 $2,127,000 4/2 1,296 0.24
2389 Reed Rd, Ely, MN 55731 $863,000 2/1 1,120 0.26

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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