In the late 17th century, Old Believers settled in hard-to-reach places along the rivers Visim, Shaitanka, Sulatka, Utka, and other corners of what would become the Nizhny Tagil mining district. They brought their way of life and strict morals, rejecting laziness, drunkenness, and idle entertainment, which contributed to the development of trade and entrepreneurship. At that time, the Old Believers were not downtrodden and ignorant; in difficult conditions, they managed to preserve monuments of Russian culture, such as old printed books and icons. However, they could not maintain unity and create a single church.

The Tagil Old Believers, like their brethren in the Urals, sought to have their own bishop. At first, they managed without one, thanks to a runaway priest, John, known as Father Ioann. After his death, the position was offered to Andrey Ivanovich Ryabinin, who came from the Moscow princely family of Khovansky. Fearing the past of his family, accused of treason, he left Moscow and settled in the Urals, engaging in trade.

Ryabinin, being a zealous adherent of tradition, built a wooden chapel in 1745, which burned down four years later. In 1781, he erected a stone chapel with cells for female novices. He showed special reverence for the Assumption Cathedral in Moscow and adorned his chapel with an icon of the Assumption of the Mother of God. After his death, the chapel was handed over to the schismatics and became the stronghold of the Nizhny Tagil Holy Trinity Society.

Local historian A.F. Kozhevnikov claims that the chapel was built by Old Believer Ryabov, repeating the mistake of I.Ya. Krivoshchekov, who referred to the "Orthodox Messenger." However, the publication named Ryabinin as the builder.

In the first half of the 19th century, the chapel became an important center for Old Believers, addressing both spiritual and worldly issues. However, this prosperity was temporary. In the early 19th century, the Russian Orthodox Church introduced the idea of 'unification,' which allowed Old Believers to openly conduct rituals. However, most Old Believers remained steadfast in their positions, considering unification subordinate to the Holy Synod.

With the introduction of unification in the Perm province, active propaganda began, and in 1829, an anti-schism mission was established in Perm. In Nizhny Tagil, the struggle against the schismatics intensified, and the administration attempted to convert Old Believer chapels into unified ones but faced resistance.

In May 1837, the heir to the throne, Alexander Nikolaevich, visited the Urals. The Old Believers handed him a note requesting not to seal the chapels and to allow them to have their own priests. However, their requests were denied.

The activities of missionaries intensified, and some Old Believers accepted unification. In 1837, a Tagil peasant, Fyodor Utkin, united more than 50 families and asked to find them a priest. This became Deacon Ioann Pyryev, and in 1840, Nicholas I allowed the chapel to be handed over to the unified believers.

In May 1840, the transfer of the chapel began, but the Old Believers resisted. In May 1841, Governor Ogarev arrived in Tagil for the re-transfer of the chapel. After a storming, the chapel was handed over to the unified believers, and in 1842 it was consecrated as a unified church.

In the early 1930s, the church was closed, and in 1991 it was transferred to the Yekaterinburg diocese. Restoration of the temple began, and by 1993, the first bells were raised. Through joint efforts, the church began to be restored, and a parish emerged.