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548 Chapman St

Ely, MN 55731

2 bd 2 ba 1,050 sqft Built 1900 Lot 6,534 sqft single_family
Most recent sale
$251,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $251,000 MLS #6102651
May 6, 2022 Listed $249,900 MLS #6102651
Oct 6, 2011 Sold $65,000 Public Record
Oct 3, 2011 Listing removed $85,000 Arrowhead
Sep 8, 2011 Price changed $85,000 MLS #27321
Jul 19, 2010 Price changed $99,900 MLS #27321
Jun 7, 2010 Price changed $115,900 MLS #27321
Nov 4, 2009 Listed $125,900 MLS #27321
Oct 28, 2009 Listing removed $129,900 RangeMLS
Oct 18, 2009 Listing removed $129,900 Arrowhead
Oct 18, 2009 Price changed $129,900 MLS #112236
Aug 10, 2009 Price changed $129,900 MLS #26776
Jul 21, 2009 Listed $135,000 MLS #26776
Jul 17, 2009 Listed $135,000 MLS #112236
Apr 16, 2009 Listing removed $175,000 RangeMLS
Mar 31, 2009 Listing removed $175,000 Arrowhead
Mar 18, 2008 Listed $175,000 MLS #23582
Oct 10, 2007 Listing removed $219,900 LakeSuperiorAreaRealtors
Oct 6, 2007 Listed $175,000 MLS #107281
Jul 30, 2007 Listed $219,900 MLS #135357

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,900 $9,400 $131,300 $2,252
2023 $77,200 $8,700 $85,900 $1,606
2022 $64,300 $7,900 $72,200 $1,422
2021 $57,000 $7,900 $64,900 $1,426
2020 $57,000 $7,900 $64,900 $1,294
2019 $57,000 $7,900 $64,900 $1,242
2018 $56,100 $7,900 $64,000 $1,128
2017 $50,300 $7,800 $58,100 $1,156
2016 $48,900 $7,100 $56,000 $1,186
2015 $54,600 $7,900 $62,500 $1,130
2014 $50,500 $7,900 $58,400 $1,137
2013 $49,800 $7,900 $57,700 $1,110
2012 $48,200 $7,900 $56,100 $1,122
2011 $47,800 $7,800 $55,600 $909
2010 $53,000 $7,500 $60,500 $929
2009 $54,100 $7,500 $61,600 $937
2008 $54,100 $7,500 $61,600 $1,008
2007 $26,100 $7,500 $33,600 $584

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,050 sqft
Lot size
6,534 sqft
ZIP code
55731
City
Ely
Street
Chapman St
Coordinates
47.90196, -91.85822

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,575
Gross rental yield
7.53%
Implied cap rate
4.89%
Trend-extrapolated value

Frequently asked questions

When did 548 Chapman St last sell?
548 Chapman St most recently sold on Jun 10, 2022 for $251,000.
What is the current tax assessment for 548 Chapman St?
The most recent total assessment for 548 Chapman St (year 2025) is $131,300 with $2,252 in property tax.
How does 548 Chapman St's assessment compare to its last sale price?
The current assessment is 47.7% below the last sale price of $251,000.
When was 548 Chapman St built?
548 Chapman St was built in 1900.
How does 548 Chapman St compare to others on Chapman St?
We track 8 other properties on Chapman St. Browse the list under "Other properties on Chapman St" to compare beds, baths, and sale history.
What are the property facts for 548 Chapman St?
548 Chapman St is a 2 bed, 2 bath, 1,050 sqft, 6,534 sqft lot single_family.
Is 548 Chapman St a flip candidate?
No — 548 Chapman St does not appear in our flips dataset.
Is 548 Chapman St a tax-appeal candidate?
No — 548 Chapman 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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