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469 Sunset Rd

Ely, MN 55731

3 bd 2 ba 1,150 sqft Built 1950 Lot 155,945 sqft single_family
Most recent sale
$285,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2023 Sold $275,000 LakeSuperiorAreaRealtors
May 26, 2023 Listed $299,900 LakeSuperiorAreaRealtors
Aug 31, 2022 Sold $285,000 MLS #6102522
Jun 15, 2022 Price changed $290,000 MLS #6102522
May 24, 2022 Sold $220,000 MLS #6102500
May 2, 2022 Listed $300,000 MLS #6102522
May 1, 2022 Listed $224,900 MLS #6102500
Feb 15, 2017 Sold $114,000 MLS #6026776
Feb 3, 2017 Listed $114,000 MLS #6026776
Dec 10, 2015 Listing removed $124,500 Arrowhead
Jul 31, 2015 Listed $124,500 MLS #6004516
May 26, 2015 Listing removed $149,900 Arrowhead
Aug 26, 2014 Listed $149,900 MLS #6003039
Aug 15, 2003 Sold $210,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,978,200 $426,400 $2,404,600 $19,951
2023 $1,551,500 $371,800 $1,923,300 $10,304
2022 $981,300 $355,000 $1,336,300 $14,576
2021 $858,200 $355,000 $1,213,200 $13,432
2020 $858,200 $355,000 $1,213,200 $9,765
2019 $458,100 $401,200 $859,300 $9,928
2018 $465,000 $401,200 $866,200 $10,312
2017 $465,000 $422,200 $887,200 $8,921
2016 $393,300 $401,300 $794,600 $8,968
2015 $399,100 $401,300 $800,400 $9,043
2014 $404,800 $401,300 $806,100 $8,841
2013 $410,600 $401,300 $811,900 $8,793
2012 $410,600 $443,300 $853,900 $6,998
2011 $388,000 $489,500 $877,500 $6,751
2010 $1,008,300 $8,324

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,150 sqft
Lot size
155,945 sqft
ZIP code
55731
City
Ely
Street
Sunset Rd
Coordinates
47.89392, -91.75479

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,725
Gross rental yield
7.26%
Implied cap rate
4.72%
Trend-extrapolated value

Frequently asked questions

When did 469 Sunset Rd last sell?
469 Sunset Rd most recently sold on Aug 31, 2022 for $285,000.
What is the current tax assessment for 469 Sunset Rd?
The most recent total assessment for 469 Sunset Rd (year 2025) is $2,404,600 with $19,951 in property tax.
How does 469 Sunset Rd's assessment compare to its last sale price?
The current assessment is 743.7% above the last sale price of $285,000.
When was 469 Sunset Rd built?
469 Sunset Rd was built in 1950.
How does 469 Sunset Rd compare to others on Sunset Rd?
We track 8 other properties on Sunset Rd. Browse the list under "Other properties on Sunset Rd" to compare beds, baths, and sale history.
What are the property facts for 469 Sunset Rd?
469 Sunset Rd is a 3 bed, 2 bath, 1,150 sqft, 155,945 sqft lot single_family.
Is 469 Sunset Rd a flip candidate?
Yes — 469 Sunset Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 469 Sunset Rd a tax-appeal candidate?
Yes — 469 Sunset Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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