Google satellite image for 2447 Reed Rd, Ely, MN 55731

OFF MARKET

—

•

1 ba

•

1,144

sq ft

2447 Reed Rd, Ely, MN 55731

About this home

2447 Reed Rd is a 1,144 square foot property on a 1.51 acre lot with 2 bedrooms and 1 bathroom.

1976Year Built

1.51 acresLot Size

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 55731, MN

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.2%

+0.5% MoM

Median sale price

$272K

$7K MoM

Avg. days on market

41d

12 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 32 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
See all

Provided by Redfin

Sale history for 2447 Reed Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2026

$5,420 (+18.7%)

$412,300 + $151,100

$563,400

2025

$4,568 (+4.0%)

$359,100 + $125,800

$484,900

2024

$4,394 (+7.8%)

$338,900 + $128,800

$467,700

2023

$4,076 (+108.2%)

$288,300 + $107,200

$395,500

2022

$1,958 (−51.7%)

$245,200 + $93,400

$338,600

2021

$4,050 (+5.9%)

$245,200 + $93,400

$338,600

2020

$3,824 (+8.3%)

$245,200 + $93,400

$338,600

2019

$3,532 (+0.2%)

$206,900 + $107,600

$314,500

2018

$3,524 (−0.6%)

$207,000 + $107,600

$314,600

2017

$3,546 (−2.0%)

$207,000 + $107,600

$314,600

2016

$3,620 (−1.7%)

$217,600 + $107,600

$325,200

2014

$3,682 (−0.7%)

$218,000 + $107,600

$325,600

2013

$3,709

$218,000 + $107,600

$325,600

Tax history for 2447 Reed Rd

Year

Property tax

Land + Additions

Assessment*

2026

$5,420 (+18.7%)

$412,300 + $151,100

$563,400

2025

$4,568 (+4.0%)

$359,100 + $125,800

$484,900

2024

$4,394 (+7.8%)

$338,900 + $128,800

$467,700

2023

$4,076 (+108.2%)

$288,300 + $107,200

$395,500

2022

$1,958 (−51.7%)

$245,200 + $93,400

$338,600

2021

$4,050 (+5.9%)

$245,200 + $93,400

$338,600

2020

$3,824 (+8.3%)

$245,200 + $93,400

$338,600

2019

$3,532 (+0.2%)

$206,900 + $107,600

$314,500

2018

$3,524 (−0.6%)

$207,000 + $107,600

$314,600

2017

$3,546 (−2.0%)

$207,000 + $107,600

$314,600

2016

$3,620 (−1.7%)

$217,600 + $107,600

$325,200

2014

$3,682 (−0.7%)

$218,000 + $107,600

$325,600

2013

$3,709

$218,000 + $107,600

$325,600

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

Property details

Interior

Heating & Cooling
Air Conditioning Type: Central

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Brick Chimney
Has Fireplace

Room Information
# of Rooms: 4

Exterior

Exterior Information
Physical Condition: Good
Building Style Type: Cabin
Construction Type: Wood
Building Construction Quality: Good
Building Type: Residential

Property Information
Subdivision Name: BEVIS KINNEY BURNTSIDE LTS MORSE
Living Sq. Ft: 1,144
Building Sq. Ft: 1,144
# of Stories: 1
Legal Description: EX PART W OF A LINE BEG ON W LINE OF LOT 346.02 FT NLY FROM SW COR THENCE S 38 DEG 08 MIN 48 SEC E 111.37 FT THENCE S 1 DEG 5 MIN 58 SEC W 252.53 FT TO SW COR OF LOT

Lot Information
# of Buildings: 1
Land Sq. Ft: 65,658
Legal Lot Number: 3
Municipality Name: MORSE TWP
Acres: 1.5073
Zoning Code: RES
County Use Description: NON-COMM SEASONAL RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,144
Stories: 1.0
Lot Size: 1.51 acres
Style: Other
Year Built: 1976
Year Renovated: —
County: St. Louis County
APN: 465-0048-00035

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 4.2mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 4.2mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 4.2mi

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

3/10 Fire Factor

0.62% 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

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

3D WALKTHROUGH

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Land— sq ft

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Land— sq ft

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New listings for sale in 55731

NEW 32 HRS AGO3D WALKTHROUGH

$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

Home values near 2447 Reed Rd

Data from public records.

Address	Redfin Estimate
2446 Reed Rd, Ely, MN 3 Beds \| 2 Baths \| 2303 Sq. Ft.	$638,222
2449 Reed Rd, Ely, MN 2 Beds \| 1 Baths \| 1257 Sq. Ft.	$432,315

Address	Redfin Estimate
2446 Reed Rd, Ely, MN 2 Beds \| 3 Baths \| 1368 Sq. Ft.	$423,921
2399 Reed Rd, Ely, MN - Beds \| - Baths \| 1085 Sq. Ft.	$839,161

Address	Redfin Estimate
2433 Reed Rd, Ely, MN 2 Beds \| - Baths \| 660 Sq. Ft.	$570,821
2445 Reed Rd, Ely, MN 4 Beds \| 3 Baths \| 4872 Sq. Ft.	—

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