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240 Boundary St

Ely, MN 55731

3 bd 2 ba 1,518 sqft Built 1950 Lot 8,276 sqft single_family
Most recent sale
$179,000
Jan 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2022 Sold $179,000 MLS #6100710
Nov 6, 2003 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $173,794 $11,499 $185,293 $2,520
2025 $157,401 $10,670 $168,071 $2,376
2023 $138,152 $10,017 $148,169 $2,420
2022 $109,598 $8,705 $118,303 $1,994
2021 $93,570 $8,383 $101,953 $1,926
2020 $93,570 $8,383 $101,953 $1,722
2019 $91,545 $8,337 $99,882 $1,634
2018 $86,079 $9,007 $95,086 $1,538
2017 $82,506 $8,111 $90,617 $1,564
2016 $95,900 $9,400 $105,300 $1,684
2015 $86,100 $9,100 $95,200 $1,530
2014 $86,100 $9,100 $95,200 $1,563
2013 $86,100 $9,100 $95,200 $1,568
2012 $86,100 $9,100 $95,200 $1,556
2011 $83,700 $9,000 $92,700 $1,300
2010 $121,300 $11,600 $132,900 $1,403
2009 $123,800 $11,600 $135,400 $1,425
2008 $113,200 $11,100 $124,300 $1,398
2007 $113,200 $11,100 $124,300 $1,429

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,518 sqft
Lot size
8,276 sqft
ZIP code
55731
City
Ely
Street
Boundary St
Coordinates
47.89657, -91.86289

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,074
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 240 Boundary St last sell?
240 Boundary St most recently sold on Jan 20, 2022 for $179,000.
What is the current tax assessment for 240 Boundary St?
The most recent total assessment for 240 Boundary St (year 2026) is $185,293 with $2,520 in property tax.
How does 240 Boundary St's assessment compare to its last sale price?
The current assessment is 3.5% above the last sale price of $179,000.
When was 240 Boundary St built?
240 Boundary St was built in 1950.
How does 240 Boundary St compare to others on Boundary St?
We track 8 other properties on Boundary St. Browse the list under "Other properties on Boundary St" to compare beds, baths, and sale history.
What are the property facts for 240 Boundary St?
240 Boundary St is a 3 bed, 2 bath, 1,518 sqft, 8,276 sqft lot single_family.
Is 240 Boundary St a flip candidate?
No — 240 Boundary St does not appear in our flips dataset.
Is 240 Boundary St a tax-appeal candidate?
No — 240 Boundary St 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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