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1407 21st Ave

Ely, MN 55731

4 bd 3 ba 3,154 sqft Built 2004 Lot 63,598 sqft single_family
Most recent sale
$279,000
Dec 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2023 Sold $360,000 NorthstarMLS
May 25, 2023 Listed $374,900 LakeSuperiorAreaRealtors
Dec 7, 2021 Sold $279,000 MLS #142689
Apr 28, 2021 Sold $279,000 Public Record
Jul 27, 2004 Sold $25,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $298,667 $37,046 $335,713 $5,128
2023 $229,683 $33,808 $263,491 $4,450
2022 $161,528 $29,369 $190,897 $3,330
2021 $140,000 $28,661 $168,661 $3,294
2020 $138,635 $15,826 $154,461 $2,702
2019 $136,070 $15,775 $151,845 $2,586
2018 $128,828 $14,683 $143,511 $2,420
2017 $128,828 $14,683 $143,511 $2,588
2016 $128,800 $14,700 $143,500 $2,364
2015 $117,700 $14,400 $132,100 $2,198
2014 $117,700 $14,400 $132,100 $2,245
2013 $117,700 $14,400 $132,100 $2,253
2012 $117,700 $14,400 $132,100 $2,310
2011 $118,100 $14,400 $132,500 $1,834
2010 $146,900 $16,800 $163,700 $1,891
2009 $147,500 $16,800 $164,300 $1,881
2008 $147,500 $16,800 $164,300 $2,067
2007 $142,200 $14,500 $156,700 $1,980

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,154 sqft
Lot size
63,598 sqft
ZIP code
55731
City
Ely
Street
21st Ave
Coordinates
47.91686, -91.83523

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,674
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1407 21st Ave last sell?
1407 21st Ave most recently sold on Dec 7, 2021 for $279,000.
What is the current tax assessment for 1407 21st Ave?
The most recent total assessment for 1407 21st Ave (year 2025) is $335,713 with $5,128 in property tax.
How does 1407 21st Ave's assessment compare to its last sale price?
The current assessment is 20.3% above the last sale price of $279,000.
When was 1407 21st Ave built?
1407 21st Ave was built in 2004.
How does 1407 21st Ave compare to others on 21st Ave?
We track 6 other properties on 21st Ave. Browse the list under "Other properties on 21st Ave" to compare beds, baths, and sale history.
What are the property facts for 1407 21st Ave?
1407 21st Ave is a 4 bed, 3 bath, 3,154 sqft, 63,598 sqft lot single_family.
Is 1407 21st Ave a flip candidate?
Yes — 1407 21st Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1407 21st Ave a tax-appeal candidate?
No — 1407 21st Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$266.6K
2026 Q4
$269.6K
ZIP 55731 — Median Price History + Forecast

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