3807 Fenske Lake Rd #2, Ely, MN 55731
OFF MARKET

$211,300

Trulia Estimate
  • Studio

3807 Fenske Lake Rd #2, Ely, MN 55731

Est. Refi. Payment $1,439/mo*
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Home Value

Trulia Estimate
$211K
Since last month
Decreased$4K (-2.1%)
Since last year
Decreased$64K (-23.5%)
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 -23% in the last 10 years
MonthEstimated value
2026
September 2026$209K
September 2026$209K
August 2026$214K
July 2026$221K
June 2026$207K
May 2026$218K
April 2026$213K
March 2026$234K
February 2026$225K
January 2026$241K
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
3784 Fenske Lake Rd Unit 5, Ely, MN
0.09
Single-Family Home
$310,000
06/12/26
2
2
967
4194 First Lake Rd, Ely, MN
1.91
Single-Family Home
$129,000
11/13/25
1
-
280
2151 Echo Tr, Ely, MN
1.97
Single-Family Home
$135,000
12/05/25
1
-
480
1875 Echo Tr, Ely, MN
2.87
Single-Family Home
$450,000
08/03/26
2
2
1,260
2230 Passi Rd, Ely, MN
3.39
Single-Family Home
$600,000
07/23/26
2
1
1,008
1475 Echo Tr, Ely, MN
3.85
Single-Family Home
$272,500
06/30/26
1
1
1,160
1883 Lindbeck Rd, Ely, MN
4.03
Single-Family Home
$725,000
01/12/26
4
4
2,628
3009 Burntside Ridge Rd, Ely, MN
4.08
Single-Family Home
$729,000
09/18/26
2
1
773
3003 Burntside Ridge Rd, Ely, MN
4.12
Single-Family Home
$850,000
09/25/26
3
1
1,560
1918 Pine Tree Tr, Ely, MN
4.19
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
3763 Fenske Lake Rd, Ely, MN 55731
0.00
$615,000
3
2
1,064
Off Market
3784 Fenske Lake Rd Unit 5, Ely, MN 55731
0.09
$310,000
2
2
967
Recently Sold
3788 Fenske Lake Rd, Ely, MN 55731
0.09
$731,100
4
2
1,765
Off Market
3788 Fenske Lake Rd, Ely, MN 55731
0.09
$218,700
Studio
-
-
Off Market
3775 Fenske Lake Rd Unit 7, Ely, MN 55731
0.11
$349,000
2
1
690
For Sale
3801 Fenske Lake Rd Unit 4, Ely, MN 55731
0.13
$349,000
2
1
630
For Sale
3803 Fenske Lake Rd Unit 3, Ely, MN 55731
0.15
$305,000
1
1
530
For Sale
2082 N Grassy Rd, Ely, MN 55731
0.19
$545,200
2
1
572
Off Market
3811 Fenske Lake Rd Unit 1, Ely, MN 55731
0.20
$389,000
3
1
1,120
For Sale
2239 Echo Trl, Ely, MN 55731
0.20
-
-
-
-
Off Market
2080 N Grassy Rd, Ely, MN 55731
0.32
-
-
-
-
Off Market
2397 Echo Trl, Ely, MN 55731
0.44
$380,300
2
2
832
Off Market
2395 Echo Trl, Ely, MN 55731
0.47
$484,700
2
1
600
Off Market
2445 Echo Trl, Ely, MN 55731
0.59
$238,900
2
1
919
Off Market
Tbd Hanson Lake Road Rd, Ely, MN 55731
0.61
-
-
-
-
Off Market
2444 Echo Trl, Ely, MN 55731
0.69
$128,000
2
1
993
Off Market
3689 Pileated Pl, Ely, MN 55731
0.69
$66,700
1
-
432
Off Market
3662 Everett Lake Lane, Ely, MN 55731
0.74
$404,500
3
2
1,248
Off Market
3686 Pileated Pl, Ely, MN 55731
0.76
$113,800
1
-
688
Off Market
3656 Everett Lake Lane, Ely, MN 55731
0.77
$314,700
3
-
560
Off Market

Local Information

  • Map ViewExplore the area around 3807 Fenske Lake Rd #2.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

3807 Fenske Lake Rd #2 is in Ely, MN and in ZIP code 55731.
3807 Fenske Lake Rd #2, Ely, MN 55731 is a studio property. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $211,300, with a rent estimate of $1,011/month.

Price and Tax history

DateEventPrice
Apr 17, 2026
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120736
ListingRemoved
$295,000
Jul 16, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6120736
Listed For Sale
$295,000

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
    Flag
  • 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 3807 Fenske Lake Rd #2

  • What is 3807 Fenske Lake Rd #2 estimated to be worth?
    Trulia's estimated value for 3807 Fenske Lake Rd #2 in Ely, MN is $211,300.
  • 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 3807 Fenske Lake Rd #2?
    The closest schools to 3807 Fenske Lake Rd #2 in Ely, MN are Memorial Middle School (rated 7/10), Memorial Secondary (High, rated 9/10), Washington Elementary School (Pre-K, rated 6/10).

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