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2389 Reed Rd, Ely, MN 55731

$863,000

Last sold date unavailable

  • 2

    bed

  • 1

    bath

  • 1,120

    Sqft ($476/Sqft)

House not for sale
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About 2389 Reed Rd

Property type House
Year built 1975
HOA fee $0/month
Movoto estimate
Property description
This 2-bedroom, 1-bathroom single-family home is located at 2389 Reed Rd, Ely, MN, 55731 in Saint Louis County and was built in 1975. This home offers 1,120 square feet of living space. The estimated market value is $863,000, approximately $771 per square foot.
$863K
Range: $396K-$1.32M
Last 30 days 
  • Year Property taxes Tax assessment
  • 2025
    $3,870 +6.3%
    $386,700
  • 2024
    $3,640 +7.9%
    $386,700 +18.33%
  • 2023
    $3,372 +3.6%
    $326,800 +16.17%
  • 2022
    $3,256 -3.3%
    $281,300
  • 2021
    $3,366 +6.0%
    $281,300
  • 2020
    $3,174 +2.4%
    $281,300 +1.77%
  • 2019
    $3,100 +0.3%
    $276,400
  • 2018
    $3,092 -0.6%
    $276,400 -3.15%
  • 2017
    $3,110 -1.8%
    $285,400
  • 2016
    $3,168
    —
  • 2389 Reed Rd
    $533K
  • —
  • 55731
    $475K +5% y/y
  • Ely
    $475K +5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
3003 Burntside Ridge Trl, Ely, MN 55731 $840,000 3/1 1,560 0.04
2383 Reed Rd, Ely, MN 55731 $613,000 3/— 1,064 0.05
2983 Burntside Ridge Trl, Ely, MN 55731 $267,000 —/— 240 0.05
2377 Reed Rd, Ely, MN 55731 $925,000 2/1 1,056 0.08
3009 Burntside Ridge Trl, Ely, MN 55731 $720,000 2/1 768 0.09
3015 Burntside Ridge Trl, Ely, MN 55731 $1,957,000 3/— 1,564 0.14
2313 Reed Rd, Ely, MN 55731 $878,000 —/— — 0.15
3031 Burntside Ridge Trl, Ely, MN 55731 $517,000 2/1 572 0.17

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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