1232 Fernberg Rd, Ely, MN 55731
OFF MARKET

$425,200

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 896 sqft (on 46.10 acres)

1232 Fernberg Rd, Ely, MN 55731

Est. Refi. Payment $2,726/mo*
Refinance Your Home
Currently Off Market - Sold Sep 30, 2022 for $375,000

Home Value

Trulia Estimate
$425K
Since last month
Decreased$7K (-1.6%)
Since last year
Increased$2K (+0.4%)
Since last sale
Increased$47K (+12.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +55% in the last 10 years
MonthEstimated value
2026
September 2026$422K
August 2026$425K
July 2026$429K
June 2026$438K
May 2026$434K
April 2026$435K
March 2026$422K
February 2026$418K
January 2026$423K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1152 Fernberg Rd, Ely, MN
0.83
Single-Family Home
$150,000
07/24/26
1
1
516
1621 Fernberg Rd, Ely, MN
2.55
Single-Family Home
$316,666
11/06/25
2
-
840
632 Voyageur Rd, Ely, MN
4.03
Single-Family Home
$475,000
08/28/26
2
1
1,335
14108 Fall Lake Rd, Ely, MN
3.08
Single-Family Home
$359,000
05/29/26
2
2
3,274
631 Circle Dr, Ely, MN
3.48
Single-Family Home
$805,000
01/16/26
3
2.5
2,373
14105 Madden Lake Trl, Ely, MN
3.06
Single-Family Home
$75,000
12/10/25
1
-
280
13408 Black Bear Tr, Ely, MN
4.39
Single-Family Home
$210,000
09/25/25
2
1
614
13315 Aurora Dr, Ely, MN
3.83
Single-Family Home
$1,264,900
09/30/25
4
2
3,740
540 Loop Rd, Ely, MN
4.49
Single-Family Home
$710,000
02/06/26
3
2
3,160
386 Garden Lake Rd, Ely, MN
4.81
Single-Family Home
$419,000
12/08/25
3
2
2,281

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1152 Fernberg Rd, Ely, MN 55731
0.83
$150,000
1
1
516
Recently Sold
xxx Grant McMahon, Ely, MN 55731
1.01
$667,100
4
2
1,280
Off Market
XXXX Garden St, Ely, MN 55731
1.01
-
-
-
-
Off Market
TBD N 5TH AVE E, Ely, MN 55731
1.01
-
-
-
-
Off Market
- DEEP LAKE RD, Ely, MN 55731
1.01
-
-
-
-
Off Market
TBD Moose River Loop, Ely, MN 55731
1.01
-
-
-
-
Off Market
xxx Moose River Loop, Ely, MN 55731
1.01
-
-
-
-
Off Market
xxx Little Lost Lake Rd, Ely, MN 55731
1.01
-
-
-
-
Off Market
1063 Fernberg Rd, Ely, MN 55731
1.24
$457,100
2
2
2,322
Off Market

Local Information

  • Map ViewExplore the area around 1232 Fernberg Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2004
46.1 acre lot
896 sqft
$475/sqft
Garage

About this House

This single-family home is located at 1232 Fernberg Rd, Ely, MN. 1232 Fernberg Rd is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 1 bathroom and approximately 896 sqft of floor space. This property has a lot size of 46.00 acres and was built in 2004.
1232 Fernberg Rd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 896 sqft single-family home built in 2004. It last sold for $375,000 on Sep 30, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $425,200, with a rent estimate of $1,636/month.

Home Details for 1232 Fernberg Rd

Interior Features

Interior Details
BasementAdditional StorageStorage
Levels, Entrance, & Accessibility
Stories: 1.5
Heating & Cooling
Air ConditioningCooling System: Central

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: Single Family HomeArchitecture: Log Cabin/Rustic

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 46.10 acres

Building

Pool
Sauna

Price and Tax history

DateEventPrice
Sep 30, 2022
Source: Lake Superior Area Realtors as distributed by MLS GRID #6103429
Sold
$375,000
Aug 26, 2022
Source: Lake Superior Area Realtors as distributed by MLS GRID #6103429
Pending
$375,000
Aug 9, 2022
Source: Lake Superior Area Realtors as distributed by MLS GRID #6103429
Contingent
$375,000
Jul 28, 2022
Source: Lake Superior Area Realtors as distributed by MLS GRID #6103429
PriceChange
$375,000
Price decreased by 11%
Jul 19, 2022
Source: Lake Superior Area Realtors as distributed by MLS GRID #6103429
PriceChange
$420,000
Price decreased by 3%

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
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  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
    Flag
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
    0
    Flag
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
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LGBTQ Local Legal Protections

Frequently asked questions about 1232 Fernberg Rd

  • What is 1232 Fernberg Rd estimated to be worth?
    Trulia's estimated value for 1232 Fernberg Rd in Ely, MN is $425,200.
  • What is the price history for 1232 Fernberg Rd?
    1232 Fernberg Rd in Ely, MN last sold for $375,000 in September 2022.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • Does 1232 Fernberg Rd have air conditioning?
    Yes, 1232 Fernberg Rd in Ely, MN has air conditioning.
  • How big is the lot at 1232 Fernberg Rd?
    The lot at 1232 Fernberg Rd in Ely, MN is about 46 acres.

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