Google street view image for 2618 Bear Island River Rd, Ely, MN 55731

Off market feb 2021 for $50K

$699,296

Est. refi paymentEst. refi $335/mo

•

2 ba

•

2,814

sq ft

2618 Bear Island River Rd, Ely, MN 55731

About this home

2618 Bear Island River Rd is a 2,814 square foot house on a 1.1 acre lot with 2 bedrooms and 2 bathrooms. - it last sold on February 24, 2021 for $50,000. Based on Redfin's Ely data, we estimate the home's value is $699,296.

Single-familyProperty Type

2021Year Built

1.1 acresLot Size

$249Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$699,296

$649K since sold in February 2021$31K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 118.5% higher than the average sale price ($320K) of 6 comparable homes.

SOLD JUL 29, 2026
$610,000
A
2 beds2 baths— sq ft
1787 N Bay Rd, Ely, MN 55731
SOLD OCT 1, 2026
$418,000
B
2 beds2 baths— sq ft
2734 Bear Island River Rd, Ely, MN 55731
SOLD SEP 11, 2026
$160,000
C
3 beds2 baths— sq ft
61 Cypress Blvd, Babbitt, MN 55706
SOLD AUG 28, 2026
$171,500
D
2 beds2 baths— sq ft
32 Dogwood Blvd, Babbitt, MN 55706
SOLD OCT 7, 2026
$331,000
E
4 beds3 baths— sq ft
2641 Priests Point Rd, Ely, MN 55731
SOLD JUL 30, 2026
$230,000
F
2 beds2 baths1,981 sq ft
22 Dogwood Blvd, Babbitt, MN 55706

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Earn from this home

Refinance

Est. cash available

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Rent

$2,936/mo

Redfin rental estimate

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Market trends in 55731, MN

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

92.3%

1.6% MoM

Median sale price

$282K

$10K MoM

Avg. days on market

64d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

$695,000
1 bed1 bath836 sq ft
3692 Mackie Rd, Ely, MN 55731
3D WALKTHROUGH
$329,000
4 beds2 baths2,357 sq ft
20 E Fortier St, Ely, MN 55731
$93,500
4 beds3 baths2,462 sq ft
106 E Harvey St, Ely, MN 55731
$229,000
3 beds1 bath1,008 sq ft
444 Fernberg Rd #12, Ely, MN 55731
$865,000
3 beds2 baths1,378 sq ft
825 Kawishiwi Trl, Ely, MN 55731
$379,000
3 beds1 bath1,400 sq ft
3547 Norway Ln, Ely, MN 55731
3D WALKTHROUGH
$445,000
2 beds1 bath930 sq ft
1450 Trygg Rd, Ely, MN 55731
3D WALKTHROUGH
$219,900
3 beds2 baths1,140 sq ft
11 E White St, Ely, MN 55731
See all

Provided by Redfin

Sale history for 2618 Bear Island River Rd

Year

Property tax

Land + Additions

Assessment*

2026

$4,938 (+12.8%)

$200,100 + $313,300

$513,400

2025

$4,376 (+20.5%)

$200,100 + $259,700

$459,800

2024

$3,632 (+31.8%)

$161,400 + $207,400

$368,800

2023

$2,756 (+113.6%)

$144,203 + $115,539

$259,742

2022

$1,290 (−20.3%)

$114,952 + $2,095

$117,047

2021

$1,618 (+5.3%)

$119,600 + $2,100

$121,700

2020

$1,536 (−8.5%)

$119,600 + $2,100

$121,700

2019

$1,678 (+0.2%)

$132,900 + $2,200

$135,100

2018

$1,674 (+0.8%)

$132,900 + $2,200

$135,100

2017

$1,660 (+2.2%)

$132,400 + $1,300

$133,700

2016

$1,624 (+2.2%)

$132,400 + $1,300

$133,700

2014

$1,589 (−2.9%)

$132,400 + $1,300

$133,700

2013

$1,636

$138,300 + $1,300

$139,600

Tax history for 2618 Bear Island River Rd

Year

Property tax

Land + Additions

Assessment*

2026

$4,938 (+12.8%)

$200,100 + $313,300

$513,400

2025

$4,376 (+20.5%)

$200,100 + $259,700

$459,800

2024

$3,632 (+31.8%)

$161,400 + $207,400

$368,800

2023

$2,756 (+113.6%)

$144,203 + $115,539

$259,742

2022

$1,290 (−20.3%)

$114,952 + $2,095

$117,047

2021

$1,618 (+5.3%)

$119,600 + $2,100

$121,700

2020

$1,536 (−8.5%)

$119,600 + $2,100

$121,700

2019

$1,678 (+0.2%)

$132,900 + $2,200

$135,100

2018

$1,674 (+0.8%)

$132,900 + $2,200

$135,100

2017

$1,660 (+2.2%)

$132,400 + $1,300

$133,700

2016

$1,624 (+2.2%)

$132,400 + $1,300

$133,700

2014

$1,589 (−2.9%)

$132,400 + $1,300

$133,700

2013

$1,636

$138,300 + $1,300

$139,600

*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

Room Information
# of Rooms: 4

Exterior

Exterior Information
Physical Condition: Very Good
Building Style Type: Custom/Designer/Estate
Construction Type: Wood
Building Construction Quality: Good
Building Type: Residential

Property Information
Subdivision Name: LAHTI LAND
Living Sq. Ft: 2,814
Building Sq. Ft: 2,814
# of Stories: 1
Legal Description: LOT: 0025 BLOCK:002

Lot Information
# of Buildings: 1
Land Sq. Ft: 47,878
Legal Lot Number: 25
Legal Block Number: 2
Municipality Name: UNORG 61-13
Acres: 1.0991
Zoning Code: SMU
County Use Description: RES 1 UNIT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 2,814
Stories: 1.0
Lot Size: 1.1 acres
Style: Single Family Residential
Year Built: 2021
Year Renovated: —
County: St. Louis County
APN: 625-0025-00310

Home facts updated by county records on Aug 7, 2026

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 9.2mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 9.1mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 9.1mi

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?

Track this home’s value and nearby sales activity

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New listings for sale in 55731

$695,000

1 bed1 bath836 sq ft

3692 Mackie Rd, Ely, MN 55731

3D WALKTHROUGH

$329,000

4 beds2 baths2,357 sq ft

20 E Fortier St, Ely, MN 55731

$93,500

4 beds3 baths2,462 sq ft

106 E Harvey St, Ely, MN 55731

$229,000

3 beds1 bath1,008 sq ft

444 Fernberg Rd #12, Ely, MN 55731

$865,000

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$379,000

3 beds1 bath1,400 sq ft

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3D WALKTHROUGH

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3D WALKTHROUGH

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Home values near 2618 Bear Island River Rd

Data from public records.

Address	Redfin Estimate
2628 Bear Island River Road, Ely, MN 3 Beds \| 2 Baths \| 1260 Sq. Ft.	$457,770
2602 Bear Island River Road, Ely, MN 3 Beds \| 2 Baths \| 1392 Sq. Ft.	$392,452

Address	Redfin Estimate
2650 Bear Island River Road, Ely, MN 3 Beds \| 2 Baths \| 1480 Sq. Ft.	$472,010
2655 Priest Point Road, Ely, MN 1 Beds \| 1 Baths \| 1008 Sq. Ft.	$290,659

Address	Redfin Estimate
2640 Bear Island River Road, Ely, MN 6 Beds \| 3 Baths \| 2460 Sq. Ft.	$942,131
2540 Verbick Road, Ely, MN 2 Beds \| 2 Baths \| - Sq. Ft.	$804,618

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