$199,000

1229 E Sheridan St Ely, MN 55731

$2,363
Closing credit¹
2 beds
1 bath
1,012 sqft
0.1 acres
$197 / sqft
House

Property details

About 1229 E Sheridan St

The Blue Moose is an updated 2 Bedroom, 1 Bath home. Charming, well maintained, and located on Sheridan Street; Ely's main street. A Turnkey, licensed short term Airbnb rental, with growing and successful rental history. The home has generous front & back entries, wood accents, tin ceilings, laminate and wood flooring.New(er) items include: shingles on house and garage, painted garage, all appliances, furnishings, egress window on upper level, and mini split air conditioner. Outside features a 2 stall detached garage and picnic area with privacy panels. Furnishings and appliances included with sale. Rental history available. Compliant sewer. This is an excellent location to all of Ely's offerings. Blue Moose Ely, Minnesota will access the current website.

Highlights

HeatingForced Air, Oil
StatusActive
(ACTIVE)
CoolingDuctless, Ceiling Fan(s)
Size1,012 sqft
Lot size0.13 Acres
Year built1935
ParkingDetached
MLS #6113923
Garage2 spaces

Virtual tour

Summary

  • MLS Number: 6113923
  • Office Name: Bear Island Realty LLC
  • Listing Agent: Patricia Bulinski

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/17/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bungalow-style house with a front yard

$199,000

1229 E Sheridan St

$2,363

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 21, 2021
Home Sold
$84,000

Tax history

YearAssessmentProperty Tax
2023$102,600$2,588
2021$54,400$1,550
2020$54,400$1,720
2019$54,400$1,584
2017$54,000$1,536

History based on county public records data.

Nearby schools

7

Washington Elementary School

Public District PK-5

0.6 mi

600 E Harvey St

4

Babbit Elementary School

Public District PK-6

14.3 mi

30 South Dr

2

Tower-Soudan Elementary School

Public District PK-6

20.8 mi

415 2nd St N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $34,634. Most Ely, MN residents have annual incomes less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

51%
<35k
46%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
7%
Single, with Kids
28%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
46%
18-34 yrs old
26%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • DodgeDodge

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1229 E Sheridan St

This home is located at 1229 E Sheridan St in Ely, MN and zip code 55731. This 1,012 square foot home, which was built in 1935, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $199,000.

While more than 0 listings in Ely, MN in February 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. In February 2025 in Ely, MN there were 8.9% less homes for sale than in January. Listings spent 30 days on the market in February 2025, and had a median list price of $214,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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