$262,700
- 1 Bed
- 1 Bath
- 480 sqft (on 10 acres)
2847 Cedar Lake Rd, Ely, MN 55731
Currently Off Market - Sold Nov 6, 2014 for $144,393
Home Value
Trulia Estimate
$263KSince last month
Decreased$2K (-0.8%)Since last year
Increased$17K (+7%)Since last sale
Increased$117K (+81%)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 +82% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $261K |
| July 2026 | $264K |
| June 2026 | $266K |
| May 2026 | $258K |
| April 2026 | $253K |
| March 2026 | $242K |
| February 2026 | $238K |
| January 2026 | $229K |
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 |
|---|---|---|---|---|---|---|---|
0.71 | Single-Family Home | $415,000 | 03/06/26 | 2 | 1 | 1,088 | |
1.35 | Single-Family Home | $130,000 | 07/31/26 | 3 | 1 | 1,373 | |
1.58 | Single-Family Home | $300,000 | 06/12/26 | 3 | 1 | 996 | |
1.41 | Single-Family Home | $188,700 | 09/05/25 | 3 | 1 | 1,310 | |
1.75 | Single-Family Home | $475,000 | 01/02/26 | 2 | 2 | 1,114 | |
1.00 | Single-Family Home | $735,000 | 09/04/25 | 3 | 2 | 2,189 | |
1.11 | Single-Family Home | $930,000 | 08/29/25 | 3 | 2 | 2,042 | |
1.41 | Single-Family Home | $250,000 | 12/18/25 | 3 | 2 | 1,728 | |
1.59 | Single-Family Home | $205,000 | 02/20/26 | 3 | 3 | 3,048 | |
2.73 | Single-Family Home | $272,500 | 06/30/26 | 1 | 1 | 1,160 |
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 |
|---|---|---|---|---|---|---|
0.22 | $495,000 | 4 | 3 | 2,722 | For Sale | |
0.43 | $499,999 | 2 | 2 | 2,382 | For Sale | |
0.61 | $152,000 | 3 | 1 | 1,035 | Off Market | |
0.63 | $99,500 | 3 | 1 | 1,384 | For Sale | |
0.64 | $128,900 | 2 | 2 | 1,060 | Off Market | |
0.68 | - | 6 | 2 | 2,700 | Off Market | |
0.69 | $120,100 | 2 | 2 | 765 | Off Market | |
0.74 | - | - | - | - | Off Market | |
0.71 | $415,000 | 2 | 1 | 1,088 | Recently Sold | |
0.74 | $58,300 | 1 | 1 | 280 | Off Market | |
0.79 | $134,600 | 3 | 1.5 | 1,350 | Off Market | |
0.81 | $121,200 | 1 | 1 | 1,008 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1931
Lot Size
10 acres
Living Area
480 sqft
Price/Sqft
$547
Parking
Garage
About this House
This single-family home is located at 2847 Cedar Lake Rd, Ely, MN. 2847 Cedar Lake Rd is in Ely, MN and in ZIP code 55731. This property has 1 bedroom, 1 bathroom and approximately 480 sqft of floor space. This property has a lot size of 10.00 acres and was built in 1931.
2847 Cedar Lake Rd, Ely, MN 55731 is a 1 bedroom, 1 bathroom, 480 sqft single-family home built in 1931. It last sold for $144,393 on Nov 6, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $262,700, with a rent estimate of $1,110/month.
Home Details for 2847 Cedar Lake Rd
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Interior Details BasementIn-law unitTypes of Rooms: Dining Room, Family Room |
Heating & Cooling Heating: Forced Air, StoveAir ConditioningHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: OtherDeckExterior: Wood |
Parking & Garage GarageParking Spaces: 6Parking: Garage Detached |
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Year Built Year Built: 1931 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 10.00 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 6, 2014 Source: N/A | Sold | $144,393 |
Feb 18, 2014 Source: Agent Provided | Listed For Sale | $165,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,346 | $183,000 |
Home facts updated by county records
Market trends in Ely
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
98
2MoM
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 2847 Cedar Lake Rd
- What is 2847 Cedar Lake Rd estimated to be worth?Trulia's estimated value for 2847 Cedar Lake Rd in Ely, MN is $262,700.
- What is the price history for 2847 Cedar Lake Rd?2847 Cedar Lake Rd in Ely, MN last sold for $144,393 in November 2014.
- 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.
- How big is the lot at 2847 Cedar Lake Rd?The lot at 2847 Cedar Lake Rd in Ely, MN is about 10 acres.
- Does 2847 Cedar Lake Rd have a garage?Yes, 2847 Cedar Lake Rd in Ely, MN has a garage.