3484 North Arm Rd, Ely, MN 55731
OFF MARKET

$908,700

Trulia Estimate
  • 2 Beds
  • 640 sqft (on 1 acre)

3484 North Arm Rd, Ely, MN 55731

Refinance Your Home
Currently Off Market - Sold Jul 17, 2014 for $595,000

Home Value

Trulia Estimate
$909K
Since last month
Increased$26K (+3%)
Since last year
Decreased$70K (-7.1%)
Since last sale
Increased$314K (+52.7%)
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 decreased by -7% in the last 10 years
MonthEstimated value
2026
August 2026$909K
July 2026$883K
June 2026$969K
May 2026$992K
April 2026$943K
March 2026$927K
February 2026$829K
January 2026$905K
2025

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
0.15
Single-Family Home
$1,075,000
02/13/26
3
2
2,862
2796 Clayton Rd, Ely, MN
3.71
Single-Family Home
$665,000
01/30/26
3
2
1,296
3784 Fenske Lake Rd Unit 5, Ely, MN
3.99
Single-Family Home
$310,000
06/12/26
2
2
967
2151 Echo Tr, Ely, MN
3.55
Single-Family Home
$135,000
12/05/25
1
-
480
1995 Pine Tree Tr, Ely, MN
5.07
Single-Family Home
$489,400
10/03/25
2
1
911
4194 First Lake Rd, Ely, MN
4.56
Single-Family Home
$129,000
11/13/25
1
-
280
2050 Shipman Island, Ely, MN
5.60
Single-Family Home
$290,000
08/12/26
2
-
560
1918 Pine Tree Tr, Ely, MN
5.16
Single-Family Home
$1,078,500
01/13/26
4
3
4,300

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
3488 North Arm Rd, Ely, MN 55731
0.09
$707,100
3
0.5
986
Off Market
3422 North Arm Rd, Ely, MN 55731
0.15
$1,075,000
3
2
2,862
Recently Sold
TBD Lindskog Rd, Ely, MN 55731
0.34
-
-
-
-
Off Market
3530 North Arm Rd, Ely, MN 55731
0.31
$887,900
2
1
525
For Sale
3536 North Arm Rd, Ely, MN 55731
0.46
$771,500
Studio
1
731
Off Market
3506 Hanson Lake Rd, Ely, MN 55731
1.28
$550,000
-
-
-
For Sale
3666 Mackie Rd, Ely, MN 55731
1.51
$759,000
2
1
889
For Sale

Local Information

  • Map ViewExplore the area around 3484 North Arm Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Lot Size
1 acre
Living Area
640 sqft
Price/Sqft
$1,420
Parking
None

About this House

NEW LISTING on BURNTSIDE LAKE Exceptionally private location on the North Arm of Burntside with 450 of level sandy shoreline, mature Norway pines, and large private dock. 2 BDRM cabin features hardwood floors, knotty- pine tongue & groove throughout, skylights, wood-burning fireplace, new roof and windows in 2008. Outbuildings include authentic sauna just a few steps from the water, small workshop and wood-shed.
3484 North Arm Rd, Ely, MN 55731 is a 2 bedroom, 640 sqft single-family home. It last sold for $595,000 on Jul 17, 2014 (8% below the $645,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $908,700, with a rent estimate of $1,422/month.
Last check for updates: about 12 hours ago
Listed by Chris Eilrich, (218) 343-6169
Wildwoods Land Company
Bought with: Lori Schulze, (218) 343-1787, Wildwoods Land Company
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#2208942

Home Details for 3484 North Arm Rd

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2
Dimensions and Layout
Living Area: 640 Square Feet
Heating & Cooling
Heating: Wood,ElectricHas HeatingHeating Fuel: Wood
Fireplace & Spa
Fireplace: Free Standing
Windows, Doors, Floors & Walls
Window: Skylight(s)
Levels, Entrance, & Accessibility
Number of Stories: 1
View
Has a ViewView: Lake Superior, Bay, Panoramic

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleOther Structures: Storage ShedExterior: Dock
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
WaterfrontWaterfront: Inland LakeOn Waterfront
Water & Sewer
Sewer: None, OuthouseWater Body: Burntside
Farm & Range
Frontage Length: 450
Finished Area
Finished Area (above surface): 640 Square Feet

Days on Market

Cumulative Days on Market: 1

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Wood, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 465004000300

Price & Status

Price
List Price: $645,000
Status Change & Dates
Off Market Date: Thu Jul 17 2014Possession Timing: Negotiable

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

Lot Information

Lot Area: 1 Acres

Offer

Listing Terms: Cash

Miscellaneous

Mls Number: 2208942Water ViewWater View: Lake Superior, BayAbove Grade Unfinished Area: 640

Price and Tax history

DateEventPrice
Jul 17, 2014
Source: Lake Superior Area Realtors as distributed by MLS GRID #2208942
Sold
$595,000

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

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
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-29 12:03:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 3484 North Arm Rd

  • What is 3484 North Arm Rd estimated to be worth?
    Trulia's estimated value for 3484 North Arm Rd in Ely, MN is $908,700.
  • What is the price history for 3484 North Arm Rd?
    3484 North Arm Rd in Ely, MN last sold for $595,000 in July 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 3484 North Arm Rd?
    The lot at 3484 North Arm Rd in Ely, MN is about 1 acre.

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