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5499 Ely Is

Tower, MN 55790

2 bd 1 ba 1,080 sqft Built 1989 Lot 602,870 sqft single_family
Most recent sale
$240,000
Sep 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Listed $259,900 MLS #6234486
Sep 17, 2021 Sold $240,000 MLS #5496734
Jun 28, 2021 Price changed $299,900 MLS #5496734
May 6, 2021 Listed $240,000 MLS #5496734
Sep 22, 2011 Sold $125,000 MLS #4074961
Aug 5, 2011 Listed $149,900 MLS #4074961

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $139,700 $138,400 $278,100 $3,276
2023 $122,200 $115,000 $237,200 $3,006
2022 $84,900 $98,300 $183,200 $2,668
2021 $84,900 $98,300 $183,200 $2,632
2020 $84,900 $98,300 $183,200 $2,830
2019 $65,200 $95,800 $161,000 $2,698
2018 $65,200 $95,600 $160,800 $2,424
2017 $51,800 $90,000 $141,800 $2,370
2016 $51,800 $87,500 $139,300 $2,386
2015 $51,800 $87,500 $139,300 $2,256
2014 $49,000 $77,000 $126,000 $2,243
2013 $49,000 $77,000 $126,000 $2,260
2012 $49,000 $77,000 $126,000 $2,272
2011 $49,000 $77,100 $126,100 $3,462
2010 $54,000 $190,000 $244,000 $2,520
2009 $48,100 $188,800 $236,900 $2,176
2008 $48,100 $188,800 $236,900 $1,938
2007 $36,600 $140,500 $177,100 $1,745

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,080 sqft
Lot size
602,870 sqft
ZIP code
55790
City
Tower
Street
Ely Is
Coordinates
47.85317, -92.26573

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
$1,620
Gross rental yield
8.10%
Implied cap rate
5.27%
Trend-extrapolated value

Frequently asked questions

When did 5499 Ely Is last sell?
5499 Ely Is most recently sold on Sep 17, 2021 for $240,000.
What is the current tax assessment for 5499 Ely Is?
The most recent total assessment for 5499 Ely Is (year 2025) is $278,100 with $3,276 in property tax.
How does 5499 Ely Is's assessment compare to its last sale price?
The current assessment is 15.9% above the last sale price of $240,000.
When was 5499 Ely Is built?
5499 Ely Is was built in 1989.
How does 5499 Ely Is compare to others on Ely Is?
We track 8 other properties on Ely Is. Browse the list under "Other properties on Ely Is" to compare beds, baths, and sale history.
What are the property facts for 5499 Ely Is?
5499 Ely Is is a 2 bed, 1 bath, 1,080 sqft, 602,870 sqft lot single_family.
Is 5499 Ely Is a flip candidate?
No — 5499 Ely Is does not appear in our flips dataset.
Is 5499 Ely Is a tax-appeal candidate?
No — 5499 Ely Is 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
+6.6%
Implied 1-yr
+26.4%
2026 Q2
$511.9K
2026 Q3
$535.5K
ZIP 55790 — Median Price History + Forecast

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