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514 Boundary St

Ely, MN 55731

3 bd 2 ba 2,022 sqft Built 1954 Lot 8,276 sqft single_family
Most recent sale
$189,000
Nov 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2024 Sold $195,000 RangeMLS
Sep 16, 2024 Listed $205,000 NorthstarMLS
Sep 14, 2024 Listed $205,000 RangeMLS
Nov 24, 2021 Sold $189,000 MLS #142335
Sep 14, 2021 Listed $189,000 MLS #6099649
Jan 10, 2005 Sold $92,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $179,700 $13,000 $192,700 $3,130
2025 $137,733 $10,282 $148,015 $2,048
2023 $77,578 $8,679 $86,257 $1,332
2022 $59,365 $7,272 $66,637 $1,044
2021 $75,300 $10,400 $85,700 $1,856
2020 $75,300 $10,400 $85,700 $1,686
2019 $75,300 $10,400 $85,700 $1,622
2018 $74,100 $10,400 $84,500 $1,606
2017 $75,100 $8,900 $84,000 $1,646
2016 $73,000 $8,100 $81,100 $1,690
2015 $81,400 $9,000 $90,400 $1,600
2014 $75,100 $9,000 $84,100 $1,630
2013 $75,100 $9,000 $84,100 $1,635
2012 $75,100 $9,000 $84,100 $1,667
2011 $75,100 $9,000 $84,100 $1,343
2010 $84,600 $9,000 $93,600 $1,405
2009 $78,200 $8,600 $86,800 $1,297
2008 $78,200 $8,600 $86,800 $1,396
2007 $78,200 $8,600 $86,800 $1,417

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,022 sqft
Lot size
8,276 sqft
ZIP code
55731
City
Ely
Street
Boundary St
Coordinates
47.89652, -91.85911

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
$1,134
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 514 Boundary St last sell?
514 Boundary St most recently sold on Nov 24, 2021 for $189,000.
What is the current tax assessment for 514 Boundary St?
The most recent total assessment for 514 Boundary St (year 2026) is $192,700 with $3,130 in property tax.
How does 514 Boundary St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $189,000.
When was 514 Boundary St built?
514 Boundary St was built in 1954.
How does 514 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 514 Boundary St?
514 Boundary St is a 3 bed, 2 bath, 2,022 sqft, 8,276 sqft lot single_family.
Is 514 Boundary St a flip candidate?
No — 514 Boundary St does not appear in our flips dataset.
Is 514 Boundary St a tax-appeal candidate?
No — 514 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
+1.0%
Implied 1-yr
+4.0%
2026 Q3
$205.7K
2026 Q4
$207.7K
ZIP 55731 — Median Price History + Forecast

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