3509 E Lake Four Rd
Ely, MN 55731
- 2 Beds
- 2 Baths
- 2,176 sqft (on 1.85 acres)
2 Beds
2 Baths
2,176 sqft
(on 1.85 acres)
Home Value
Trulia Estimate
$609KSince last month
Decreased$7K (-1.2%)Since last year
Increased$21K (+3.5%)Since last sale
Increased$174K (+40%)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 +121% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $610K |
| July 2026 | $609K |
| June 2026 | $617K |
| May 2026 | $601K |
| April 2026 | $589K |
| March 2026 | $579K |
| February 2026 | $570K |
| January 2026 | $562K |
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 |
|---|---|---|---|---|---|---|---|
1.34 | Single-Family Home | $780,000 | 08/12/26 | 3 | 2 | 1,916 | |
1.71 | Single-Family Home | $798,500 | 06/10/26 | 2 | 2.5 | 1,774 | |
1.96 | Single-Family Home | $420,000 | 06/22/26 | 3 | 3 | 1,532 | |
0.52 | Single-Family Home | $140,000 | 04/13/26 | 1 | - | 288 | |
1.95 | Single-Family Home | $335,000 | 07/17/26 | 1 | 1 | 1,056 | |
1.66 | Single-Family Home | $250,000 | 07/24/26 | 2 | 1 | 720 | |
2.17 | Single-Family Home | $265,000 | 06/09/26 | 2 | 1 | 1,346 | |
1.67 | Single-Family Home | $260,000 | 07/08/26 | 1 | 1 | 694 | |
1.29 | Single-Family Home | $131,666 | 02/23/26 | 2 | 1 | 740 | |
2.39 | Single-Family Home | $110,000 | 05/06/26 | 2 | - | 840 |
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 |
|---|---|---|---|---|---|---|
0.10 | $546,800 | 3 | 2 | 1,586 | Off Market | |
0.20 | - | - | - | - | Off Market | |
0.42 | - | - | - | - | Off Market | |
0.48 | - | - | - | - | Off Market | |
0.46 | - | - | - | - | Off Market | |
0.50 | - | - | - | - | Off Market | |
0.52 | $140,000 | 1 | - | 288 | Recently Sold | |
1.34 | $780,000 | 3 | 2 | 1,916 | Recently Sold | |
1.44 | $420,400 | 3 | 2 | 1,296 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1974
Lot Size
1.85 acres
Living Area
2,176 sqft
Price/Sqft
$280
Parking
Garage
About this House
This single-family home is located at 3509 E Lake Four Rd, Ely, MN. 3509 E Lake Four Rd is in Ely, MN and in ZIP code 55731. This property has 2 bedrooms, 2 bathrooms and approximately 2,176 sqft of floor space. This property has a lot size of 1.85 acres and was built in 1974.
3509 E Lake Four Rd, Ely, MN 55731 is a 2 bedroom, 2 bathroom, 2,176 sqft single-family home built in 1974. It last sold for $435,500 on Jul 19, 2021. It is currently off market. The Trulia Estimate is $609,100, with a rent estimate of $2,095/month.
Home Details for 3509 E Lake Four Rd
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Interior Details BasementTypes of Rooms: Dining Room, Family Room, Solarium Atrium, Sun Room |
Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Fireplace & Spa FireplaceHot Tub or Spa |
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Exterior Home Features Roof: AsphaltDeckExterior: Wood |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1974 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Units in Building: 1 |
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Lot Area: 1.85 acres |
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Pool Sauna |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 19, 2021 Source: Lake Superior Area Realtors as distributed by MLS GRID #6097460 | Sold | $435,500 |
Jun 28, 2021 Source: NorthstarMLS as distributed by MLS GRID #6005889 | Pending | $399,000 |
Jun 18, 2021 Source: NorthstarMLS as distributed by MLS GRID #6005889 | PendingToActive | $399,000 |
Jun 17, 2021 Source: Lake Superior Area Realtors as distributed by MLS GRID #6097460 | Pending | $399,000 |
Jun 9, 2021 Source: Lake Superior Area Realtors as distributed by MLS GRID #6097460 | Listed For Sale | $399,000 |
Oct 17, 2012 Source: Agent Provided | ListingRemoved | $437,000 |
Oct 12, 2012 Source: Agent Provided | Listed For Sale | $437,000 |
Sep 15, 2008 Source: Lake Superior Area Realtors as distributed by MLS GRID #1527310 | Sold | $410,000 |
Oct 22, 2003 Source: N/A | Sold | $360,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $3,508 | $483,600 |
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
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Apartments for Rent
Homes for sale near 3509 E Lake Four Rd
Off Market Homes Near 3509 E Lake Four Rd
Frequently asked questions about 3509 E Lake Four Rd
- What is 3509 E Lake Four Rd estimated to be worth?Trulia's estimated value for 3509 E Lake Four Rd in Ely, MN is $609,100.
- What is the price history for 3509 E Lake Four Rd?3509 E Lake Four Rd in Ely, MN last sold for $435,500 in July 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 3509 E Lake Four Rd have air conditioning?Yes, 3509 E Lake Four Rd in Ely, MN has air conditioning.
- How big is the lot at 3509 E Lake Four Rd?The lot at 3509 E Lake Four Rd in Ely, MN is about 1.9 acres.

