OFF MARKET

Off Market Oct 2018 for $60K

$211,062

Est. refi paymentEst. refi $394/mo

•

1,150

sq ft

1497 Latva Rd, Ely, MN 55731

About this home

Country Home on +/- 5.3 acres, 5 miles south of Ely on a gravel township road. Quiet setting for this 3 bedroom, 2 bath home. Adjoins National Forest land on one side, City of Ely airport buffer property on another side, and 2 other country homesteads on the 4th side. Property is being sold “AS IS”. Property ran out of fuel over the winter and it froze up, so it will need a new heating system, hot water heater, and repairs to the plumbing system. Older septic system will probably need replacement as well. Dug well. Full unfinished basement. Same family built the home in 1957 and has lived here until just recently. The land around the house is lawn/grassy meadow, and the other parts of the land are heavily wooded. Older 2 stall garage with attached shed. 24’ x 16’ storage building. This property could be used as a country home as it has since it was built or used as your “up north” cabin. Needs work but priced accordingly.

Single-familyProperty Type

1957Year Built

5.3 acresLot Size

$184Est. Price/Sq.Ft.

2 car garageParking

Bought with Jim Burke • Bear Island Land Co., Inc

Redfin checked: a minute ago

•Source:LSAR #6076485

Redfin Estimate

$211,062

$151K since sold in October 2018$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.7% lower than the average sale price ($263K) of 6 comparable homes.

SOLD JUL 31, 2026
$519,000
A
3 beds2 baths1,320 sq ft
413 Sunset Rd, Ely, MN 55731
SOLD JUL 29, 2026
$249,000
B
3 beds1.5 baths1,480 sq ft
1419 E Chapman St, Ely, MN 55731
SOLD MAY 29, 2026
$249,900
C
3 beds2 baths1,126 sq ft
712 E Pattison St, Ely, MN 55731
SOLD JUN 10, 2026
$265,000
D
3 beds2 baths1,408 sq ft
1480 Maijala Rd, Ely, MN 55731
SOLD APR 7, 2026
$75,000
E
3 beds2 baths960 sq ft
39 Cherry Cir, Babbitt, MN 55706
SOLD APR 15, 2026
$220,000
F
3 beds2 baths1,544 sq ft
545 E Wilson St, Ely, MN 55731

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Earn from this home

Refinance

Est. cash available

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Rent

$2,383/mo

Redfin rental estimate

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Market trends in 55731, MN

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.7%

0.3% MoM

Median sale price

$265K

$31K MoM

Avg. days on market

53d

0 days MoM

Recently sold homes

9 MoM

New listings for sale

NEW 11 HRS AGO
$160,000
2 beds1 bath1,064 sq ft
1211 E Camp St, Ely, MN 55731
3D WALKTHROUGH
$648,500
3 beds1 bath1,136 sq ft
5005 N Lake Vermilion, Tower, MN 55790
$749,000
1 bed— baths352 sq ft
2815 Schaeffer Rd, Ely, MN 55731
$799,000
2 beds1 bath988 sq ft
2811 Schaeffer Rd, Ely, MN 55731
$259,000
3 beds1 bath1,064 sq ft
308 S 8th Ave. Ave E, Ely, MN 55731
$684,500
3 beds2 baths1,806 sq ft
214 Cedar Ln, Ely, MN 55731
VIDEO TOUR
$887,900
2 beds1 bath525 sq ft
3530 North Arm Rd, Ely, MN 55731
$117,000
3 beds1 bath918 sq ft
31 E Harvey St, Ely, MN 55731
See all

Provided by Redfin

Sale history for 1497 Latva Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,608 (+0.5%)

$51,100 + $224,600

$275,700

2025

$2,594 (+7.6%)

$51,100 + $214,500

$265,600

2024

$2,410 (+4.1%)

$44,300 + $204,600

$248,900

2023

$2,316 (+12.2%)

$40,200 + $177,900

$218,100

2022

$2,064 (+26.2%)

$34,100 + $141,000

$175,100

2021

$1,636 (+55.5%)

$34,100 + $93,900

$128,000

2020

$1,052 (−22.8%)

$34,100 + $93,900

$128,000

2019

$1,362 (+66.9%)

$36,800 + $81,500

$118,300

2018

$816 (+13.6%)

$28,528 + $63,179

$91,707

2017

$718 (+2.6%)

$26,589 + $55,199

$81,788

2016

$700 (+73.3%)

$26,600 + $55,200

$81,800

2014

$404 (−45.9%)

$26,600 + $55,200

$81,800

2013

$747

$29,600 + $55,900

$85,500

Tax history for 1497 Latva Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,608 (+0.5%)

$51,100 + $224,600

$275,700

2025

$2,594 (+7.6%)

$51,100 + $214,500

$265,600

2024

$2,410 (+4.1%)

$44,300 + $204,600

$248,900

2023

$2,316 (+12.2%)

$40,200 + $177,900

$218,100

2022

$2,064 (+26.2%)

$34,100 + $141,000

$175,100

2021

$1,636 (+55.5%)

$34,100 + $93,900

$128,000

2020

$1,052 (−22.8%)

$34,100 + $93,900

$128,000

2019

$1,362 (+66.9%)

$36,800 + $81,500

$118,300

2018

$816 (+13.6%)

$28,528 + $63,179

$91,707

2017

$718 (+2.6%)

$26,589 + $55,199

$81,788

2016

$700 (+73.3%)

$26,600 + $55,200

$81,800

2014

$404 (−45.9%)

$26,600 + $55,200

$81,800

2013

$747

$29,600 + $55,900

$85,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5.31 Acres

Year renovated

1958

Sq. Ft.

1,392

Year built

1957

Style

Single Family Residential

County

St. Louis County

APN

465-0010-03875

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Off Street, Gravel, Detached

Interior

Bathroom Information
# of Full Bathrooms: 1
# of Three Quarter Bathrooms: 1

Heating & Cooling
Has Heating
Heating: Hot Water, Oil

Interior Features
Interior Features: Eat-in Kitchen, Master Downstairs
Window Features: Wood Frames
Appliances: Range, Refrigerator

Room Information
Laundry Features: Washer Hookup
Has Basement
Basement Details: Full, Unfinished, Partially Finished

Exterior

Exterior Features
Roof: Asphalt, Shingle

Building Information
Above Grade Finished Area: 1,150
# of Stories Total: 1

Property Features
Has View
Other Structures: Shed(s)

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Detached

Lot Information
Lot Features: Many Trees, Level
Road Responsibility: Public Maintained Road
Lot Size Dimensions: 660 x 350
Lot Size Acres: 5.3

Financial

Tax Information
Tax Annual Amount: $756

Utilities

Utility Information
Water Source: Private, Well
Sewer: Private Sewer

Location

Schools Information
High School District: Ely #696

Location Information
Directions: From Ely, take Hwy 1 south 4.7 miles to Esterberg Road. Turn right on Esterberg Rd. and follow for 1/2 mile to Latva Rd. Turn left on Latva Rd and follow 1/4 mile to property on the right.

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,392
Stories: 1.0
Lot Size: 5.31 acres
Style: Single Family Residential
Year Built: 1957
Year Renovated: 1958
County: St. Louis County
APN: 465-0010-03875

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 4.8mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 4.8mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 4.8mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 92° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Ely, MN • 55731

Average low and high temperatures (°F)

-5

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

2.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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Home values near 1497 Latva Rd

Data from public records.

Address	Redfin Estimate
1561 Rapids Road, Ely, MN 3 Beds \| 1 Baths \| 1442 Sq. Ft.	$422,423
1653 Highway 1, Ely, MN - Beds \| 2 Baths \| 2128 Sq. Ft.	$484,969

Address	Redfin Estimate
1354 Highway 120, Ely, MN 3 Beds \| 2 Baths \| 1468 Sq. Ft.	$318,212
1502 Esterberg Road, Ely, MN 3 Beds \| 2 Baths \| 2088 Sq. Ft.	$389,702

Address	Redfin Estimate
1557 Esterberg Road, Ely, MN 4 Beds \| 3 Baths \| 2013 Sq. Ft.	$663,545
1479 Jarvi Road, Ely, MN 2 Beds \| 1 Baths \| 1196 Sq. Ft.	$316,726

Property information provided by LSAR when last listed in 2018. This data may not match . Learn more.

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