2865 Schaeffer Rd, Ely, MN 55731
OFF MARKET

2865 Schaeffer Rd
Ely, MN 55731

  • 2 Beds
  • 1 Bath
  • 700 sqft (on 0.43 acres)

$564,400

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,405/mo*
Refinance Your Home

$564,400

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,405/mo*
Refinance Your Home
2 Beds
1 Bath
700 sqft
(on 0.43 acres)

Local Information

  • Map ViewExplore the area around 2865 Schaeffer Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1983
Lot Size
0.43 acres
Living Area
700 sqft
Price/Sqft
$806
Parking
Garage

About this House

This single-family home is located at 2865 Schaeffer Rd, Ely, MN. 2865 Schaeffer Rd is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 1 bathroom and approximately 700 sqft of floor space. This property has a lot size of 0.43 acres and was built in 1983.
2865 Schaeffer Rd, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 700 sqft single-family home built in 1983. It last sold for $395,000 on May 31, 2007. It is currently off market. The Trulia Estimate is $564,400, with a rent estimate of $1,405/month.

Home Details for 2865 Schaeffer Rd

Interior Features

Interior Details
BasementIn-law unit
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Single Family Home

Exterior Features

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

Community

Units in Building: 1

Lot Information

Lot Area: 0.43 acres

Building

Pool
Sauna

Price History for 2865 Schaeffer Rd

DatePriceEventSource
05/31/2007$395,000Sold
N/A

Market trends in Ely

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
96
16MoM
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Property Tax and Assessment

Year2024
Tax$3,258
Assessment$351,100
Home facts updated by county records

Comparable Sales for 2865 Schaeffer Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2796 Clayton Rd, Ely, MN
0.47
Single-Family Home
$665,000
01/30/26
3
2
1,296
1995 Pine Tree Tr, Ely, MN
2.12
Single-Family Home
$489,400
10/03/25
2
1
911
1984 Grant McMahan Blvd, Ely, MN
2.17
Single-Family Home
$614,000
08/29/25
3
1
912
1984 Grant McMahan Blvd #1984, Ely, MN
2.19
Single-Family Home
$614,000
08/29/25
3
1
912
2263 Longstorff Rd, Ely, MN
2.49
Single-Family Home
$510,000
10/06/25
3
2
1,581
85 W Chandler St., Ely, MN
3.47
Single-Family Home
$161,000
11/04/25
3
1
1,275
1918 Pine Tree Tr, Ely, MN
2.45
Single-Family Home
$1,078,500
01/13/26
4
3
4,300
1883 Lindbeck Rd, Ely, MN
2.67
Single-Family Home
$725,000
01/12/26
4
4
2,628
1852 Grant McMahan Blvd, Ely, MN
2.75
Single-Family Home
$880,000
05/06/26
3
2
2,460
232 W Sheridan St, Ely, MN
3.68
Single-Family Home
$194,000
10/06/25
3
1
963

Nearby homes

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Assigned Schools

These are the assigned schools for 2865 Schaeffer Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
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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
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  • 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."
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Apartments for Rent

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Explore by feature - Garage

Homes for sale near 2865 Schaeffer Rd

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Off Market Homes Near 2865 Schaeffer Rd

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Frequently asked questions about 2865 Schaeffer Rd

  • What is 2865 Schaeffer Rd estimated to be worth?
    Trulia's estimated value for 2865 Schaeffer Rd in Ely, MN is $564,400.
  • What is the price history for 2865 Schaeffer Rd?
    2865 Schaeffer Rd in Ely, MN last sold for $395,000 in May 2007.
  • 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 2865 Schaeffer Rd?
    The lot at 2865 Schaeffer Rd in Ely, MN is about 0.43 acres (18,730 sq ft).
  • Does 2865 Schaeffer Rd have a garage?
    Yes, 2865 Schaeffer Rd in Ely, MN has a garage.