3937 Cedar St, Ely, MN 55731
OFF MARKET

$339,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 760 sqft (on 1.10 acres)

3937 Cedar St, Ely, MN 55731

Est. Refi. Payment $2,224/mo*
Refinance Your Home

Home Value

Trulia Estimate
$339K
Since last month
Decreased$16K (-4.6%)
Since last year
Decreased$7K (-1.9%)
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 +212% in the last 10 years
MonthEstimated value
2026
September 2026$339K
August 2026$356K
July 2026$355K
June 2026$359K
May 2026$362K
April 2026$339K
March 2026$334K
February 2026$327K
January 2026$323K
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
1531 Bear Head State Park Rd, Ely, MN
0.31
Single-Family Home
$335,000
07/17/26
1
1
1,056
1739 Bear Head State Park Rd, Ely, MN
0.63
Single-Family Home
$265,000
06/09/26
2
1
1,346
3806 Dorem Dr, Ely, MN
0.67
Single-Family Home
$250,000
07/24/26
2
1
720
3819 Dorem Dr, Ely, MN
0.82
Single-Family Home
$798,500
06/10/26
2
2.5
1,774
3810 Mud Creek Rd, Ely, MN
1.11
Single-Family Home
$110,000
05/06/26
2
-
840
3772 Rustic Wood Rd, Ely, MN
1.21
Single-Family Home
$131,666
02/23/26
2
1
740
1675 Bradach Rd, Ely, MN
1.38
Single-Family Home
$780,000
08/12/26
3
2
1,916
1755 Bradach Rd, Ely, MN
1.95
Single-Family Home
$260,000
07/08/26
1
1
694
1859 Bobence Rd, Ely, MN
2.27
Single-Family Home
$420,000
06/22/26
3
3
1,532
1233 Minnesota Blvd, Ely, MN
1.75
Single-Family Home
$120,000
01/13/26
1
1
572

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
1571 Bear Head State Park Rd, Ely, MN 55731
0.15
$194,100
1
-
-
Off Market
Bear Head State Park Rd, Ely, MN 55731
0.16
-
-
-
-
Off Market
1565 Bear Head State Park Rd, Ely, MN 55731
0.19
$392,600
2
1
728
Off Market
1531 Bear Head State Park Rd, Ely, MN 55731
0.31
$335,000
1
1
1,056
Recently Sold
TBD Bear Head State Park Rd, Ely, MN 55731
0.67
-
-
-
-
Off Market
3806 Dorem Dr, Ely, MN 55731
0.67
$250,000
2
1
720
Recently Sold
3823 Dorem Dr, Ely, MN 55731
0.79
$855,900
3
2
2,701
Off Market
1473 Bear Head State Park Rd, Ely, MN 55731
0.79
$529,300
4
2
1,213
Off Market
3819 Dorem Dr, Ely, MN 55731
0.82
$798,500
2
2.5
1,774
Recently Sold
TBD Six Mile Rd, Ely, MN 55731
0.99
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 3937 Cedar St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1985
1.1 acre lot
760 sqft
$446/sqft
Garage

About this House

SCENIC AND SECLUDED: This 2 BD/ 1 BA Eagles Nest Lake cabin is situated on 6 lots. This property has been in the family for over 20 years and has been meticulously cared for and updated. The cabin comes completely furnished , as does the 12 x 16 bunkhouse. There is a small loft area in the cabin for storage or sleeping. There is a large 26 x 28 garage and other outbuildings. The grounds are level and landscaped down to the lake. The dock and pontoon boat are also included with the property. Brokered And Advertised By: Border Lakes Realty Listing Agent: Don Stocks
3937 Cedar St, Ely, MN 55731 is a 2 bedroom, 1 bathroom, 760 sqft single-family home built in 1985. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $339,300, with a rent estimate of $1,276/month.

Home Details for 3937 Cedar St

Interior Features

Heating & Cooling
Heating: GasHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Additional StorageStorage

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 1.10 acres

Price and Tax history

DateEventPrice
Oct 17, 2012
Source: Agent Provided
ListingRemoved
$249,500
Oct 12, 2012
Source: Agent Provided
Listed For Sale
$249,500

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

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

Frequently asked questions about 3937 Cedar St

  • What is 3937 Cedar St estimated to be worth?
    Trulia's estimated value for 3937 Cedar St in Ely, MN is $339,300.
  • 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.
  • What are the closest schools to 3937 Cedar St?
    The closest schools to 3937 Cedar St in Ely, MN are Northeast Range Secondary (Middle/High, rated 6/10), Tower-Soudan Elementary School (Pre-K, rated 5/10).
  • How big is the lot at 3937 Cedar St?
    The lot at 3937 Cedar St in Ely, MN is about 1.1 acres.
  • Does 3937 Cedar St have a garage?
    Yes, 3937 Cedar St in Ely, MN has a garage.

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