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534 Boundary St

Ely, MN 55731

3 bd 1 ba 1,311 sqft Built 1955 Lot 5,745 sqft single_family
Most recent sale
$159,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2025 Sold $175,000 Public Record
Apr 8, 2022 Sold $159,000 MLS #6100307
Jan 15, 2022 Price changed $159,000 MLS #6100307
Oct 21, 2021 Listed $169,000 MLS #6100307

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $122,571 $6,747 $129,318 $1,740
2023 $89,161 $6,049 $95,210 $1,488
2022 $94,600 $7,000 $101,600 $1,966
2021 $83,900 $7,000 $90,900 $1,964
2020 $83,900 $7,000 $90,900 $1,784
2019 $83,900 $7,000 $90,900 $1,714
2018 $82,500 $7,000 $89,500 $1,556
2017 $74,600 $6,700 $81,300 $1,594
2016 $72,300 $6,100 $78,400 $1,640
2015 $80,800 $6,800 $87,600 $1,550
2014 $74,600 $6,800 $81,400 $1,580
2013 $74,600 $6,800 $81,400 $1,584
2012 $74,600 $6,800 $81,400 $1,614
2011 $74,500 $6,800 $81,300 $1,302
2010 $84,000 $6,800 $90,800 $1,365
2009 $89,200 $6,500 $95,700 $1,424
2008 $89,200 $6,500 $95,700 $1,534
2007 $89,200 $6,500 $95,700 $1,557

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,311 sqft
Lot size
5,745 sqft
ZIP code
55731
City
Ely
Street
Boundary St
Coordinates
47.89652, -91.85858

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
$954
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 534 Boundary St last sell?
534 Boundary St most recently sold on Apr 8, 2022 for $159,000.
What is the current tax assessment for 534 Boundary St?
The most recent total assessment for 534 Boundary St (year 2025) is $129,318 with $1,740 in property tax.
How does 534 Boundary St's assessment compare to its last sale price?
The current assessment is 18.7% below the last sale price of $159,000.
When was 534 Boundary St built?
534 Boundary St was built in 1955.
How does 534 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 534 Boundary St?
534 Boundary St is a 3 bed, 1 bath, 1,311 sqft, 5,745 sqft lot single_family.
Is 534 Boundary St a flip candidate?
No — 534 Boundary St does not appear in our flips dataset.
Is 534 Boundary St a tax-appeal candidate?
No — 534 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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