3073 Pelo Ln
Ely, MN 55731
2 bd 1 ba 1,000 sqft Built 1938 Lot 100,188 sqft single_family
Most recent sale
$420,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $420,000 | MLS #6104972 |
| Aug 16, 2022 | Listed | $365,000 | MLS #6104972 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $93,600 | $202,700 | $296,300 | $2,806 |
| 2023 | $60,200 | $191,800 | $252,000 | $2,608 |
| 2022 | $45,900 | $146,900 | $192,800 | $2,174 |
| 2021 | $42,600 | $146,900 | $189,500 | $2,210 |
| 2020 | $42,600 | $146,900 | $189,500 | $2,090 |
| 2019 | $42,600 | $146,900 | $189,500 | $1,746 |
| 2018 | $58,000 | $102,400 | $160,400 | $1,640 |
| 2017 | $54,200 | $97,300 | $151,500 | $1,690 |
| 2016 | $54,200 | $97,300 | $151,500 | $1,944 |
| 2015 | $63,700 | $114,000 | $177,700 | $1,976 |
| 2014 | $63,700 | $114,000 | $177,700 | $1,972 |
| 2013 | $63,700 | $114,000 | $177,700 | $2,286 |
| 2012 | $63,700 | $139,700 | $203,400 | $2,259 |
| 2011 | $34,100 | $148,300 | $182,400 | $1,875 |
| 2010 | $37,900 | $160,700 | $198,600 | $1,782 |
| 2009 | $37,900 | $160,700 | $198,600 | $1,832 |
| 2008 | $37,900 | $160,700 | $198,600 | $1,690 |
| 2007 | $32,100 | $122,700 | $154,800 | $1,605 |
Property facts
Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,000 sqft
Lot size
100,188 sqft
ZIP code
55731
City
Ely
Street
Pelo Ln
Coordinates
47.94625, -91.88494
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,500
Gross rental yield
4.29%
Implied cap rate
2.79%
Trend-extrapolated value
—
Frequently asked questions
When did 3073 Pelo Ln last sell?
3073 Pelo Ln most recently sold on Oct 14, 2022 for $420,000.
What is the current tax assessment for 3073 Pelo Ln?
The most recent total assessment for 3073 Pelo Ln (year 2025) is $296,300 with $2,806 in property tax.
How does 3073 Pelo Ln's assessment compare to its last sale price?
The current assessment is 29.5% below the last sale price of $420,000.
When was 3073 Pelo Ln built?
3073 Pelo Ln was built in 1938.
How does 3073 Pelo Ln compare to others on Pelo Ln?
We do not currently track other properties on Pelo Ln.
What are the property facts for 3073 Pelo Ln?
3073 Pelo Ln is a 2 bed, 1 bath, 1,000 sqft, 100,188 sqft lot single_family.
Is 3073 Pelo Ln a flip candidate?
No — 3073 Pelo Ln does not appear in our flips dataset.
Is 3073 Pelo Ln a tax-appeal candidate?
No — 3073 Pelo Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$266.6K
2026 Q4
$269.6K