3381 N Arm Rd, Ely, MN 55731
OFF MARKET

3381 N Arm Rd
Ely, MN 55731

  • 3 Beds
  • 2 Baths
  • 1,768 sqft (on 1.30 acres)

$930,700

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $5,655/mo*
Refinance Your Home

$930,700

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $5,655/mo*
Refinance Your Home
3 Beds
2 Baths
1,768 sqft
(on 1.30 acres)

Home Value

Trulia Estimate
$931K
Since last month
Decreased$26K (-2.7%)
Since last year
Decreased$2K (-0.2%)
Since last sale
Increased$286K (+44.3%)
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 +102% in the last 10 years
MonthEstimated value
2026
August 2026$931K
July 2026$942K
June 2026$956K
May 2026$937K
April 2026$922K
March 2026$922K
February 2026$890K
January 2026$899K
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
3422 North Arm Rd, Ely, MN
0.20
Single-Family Home
$1,075,000
02/13/26
3
2
2,862
2796 Clayton Rd, Ely, MN
3.43
Single-Family Home
$665,000
01/30/26
3
2
1,296
2230 Passi Rd, Ely, MN
3.59
Single-Family Home
$600,000
07/23/26
2
1
1,008
3784 Fenske Lake Rd Unit 5, Ely, MN
4.04
Single-Family Home
$310,000
06/12/26
2
2
967
1995 Pine Tree Tr, Ely, MN
4.86
Single-Family Home
$489,400
10/03/25
2
1
911
2151 Echo Tr, Ely, MN
3.46
Single-Family Home
$135,000
12/05/25
1
-
480
2375 Visti Point Rd, Ely, MN
5.39
Single-Family Home
$900,000
04/24/26
3
2
1,488
1918 Pine Tree Tr, Ely, MN
4.96
Single-Family Home
$1,078,500
01/13/26
4
3
4,300
2375 Viste Point Rd, Ely, MN
5.39
Single-Family Home
$900,000
04/01/26
3
2
2,706
1984 Grant McMahan Blvd, Ely, MN
5.25
Single-Family Home
$614,000
08/29/25
3
1
912

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
TBD Lindskog Rd, Ely, MN 55731
0.13
-
-
-
-
Off Market
3422 North Arm Rd, Ely, MN 55731
0.20
$1,075,000
3
2
2,862
Recently Sold
3484 North Arm Rd, Ely, MN 55731
0.28
$986,300
2
-
640
Off Market
3488 North Arm Rd, Ely, MN 55731
0.36
$726,000
3
0.5
986
Off Market
3536 North Arm Rd, Ely, MN 55731
0.69
$905,500
Studio
1
731
Off Market
3506 Hanson Lake Rd, Ely, MN 55731
1.28
$550,000
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 3381 N Arm Rd.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1960
Lot Size
1.3 acres
Living Area
1,768 sqft
Price/Sqft
$526
Parking
Garage

About this House

This single-family home is located at 3381 N Arm Rd, Ely, MN. 3381 N Arm Rd is in Ely, MN and in ZIP code 55731. This property has 3 bedrooms, 2 bathrooms and approximately 1,768 sqft of floor space. This property has a lot size of 1.30 acres and was built in 1960.
3381 N Arm Rd, Ely, MN 55731 is a 3 bedroom, 2 bathroom, 1,768 sqft single-family home built in 1960. It last sold for $645,000 on Oct 15, 2021. It is currently off market. The Trulia Estimate is $930,700, with a rent estimate of $2,150/month.

Home Details for 3381 N Arm Rd

Interior Features

Interior Details
BasementIn-law unitTypes of Rooms: Dining Room
Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family HomeArchitecture: cabin

Exterior Features

Exterior Home Features
DeckExterior: Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 1.30 acres

Price and Tax history

DateEventPrice
Oct 15, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID #6096465
Sold
$645,000
Jun 26, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID #6096465
Pending
$699,500
May 5, 2021
Source: Lake Superior Area Realtors as distributed by MLS GRID #6096465
Listed For Sale
$699,500
Apr 29, 2020
Source: Agent Provided
ListingRemoved
$650,000
Aug 30, 2019
Source: Agent Provided
PriceChange
$650,000
Price decreased by 7%

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
98
2MoM
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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. "
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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
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  • 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. "
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    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."
    0
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Apartments for Rent

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Homes for sale near 3381 N Arm Rd

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Off Market Homes Near 3381 N Arm Rd

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Frequently asked questions about 3381 N Arm Rd

  • What is 3381 N Arm Rd estimated to be worth?
    Trulia's estimated value for 3381 N Arm Rd in Ely, MN is $930,700.
  • What is the price history for 3381 N Arm Rd?
    3381 N Arm Rd in Ely, MN last sold for $645,000 in October 2021.
  • 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 3381 N Arm Rd have air conditioning?
    Yes, 3381 N Arm Rd in Ely, MN has air conditioning.
  • How big is the lot at 3381 N Arm Rd?
    The lot at 3381 N Arm Rd in Ely, MN is about 1.3 acres.