Beautiful 3-bedroom, 2-bathroom home with 350' of sugar-sand beach lakeshore on Eagles Nest 1 lake in coveted Ely/Tower. Enjoy your very own peninsula so private and serene. Start your day with coffee on the patio or deck enjoying the lake view! It features many upgrades since 2016, including windows, furnace, washer/dryer, and mini-split(s) just to name a few. Call me today for a showing!
For sale
$449,900
3938 Cedar St, Ely, MN 55731
3beds
2baths
2,120sqft
Residential
Built in 1979
2 Acres Lot
$-- Zestimate®
$212/sqft
$-- HOA
What's special
- 23 days |
- 1,463 |
- 77 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Samantha Koivunen,
Dane Arthur Real Estate Agency
Source: Range AOR,MLS#: 150454
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Bedroom 1
- Level: Main
- Area: 285
- Dimensions: 19 x 15
Bedroom 2
- Level: Main
- Area: 264
- Dimensions: 24 x 11
Bedroom 3
- Level: Upper
- Area: 240
- Dimensions: 30 x 0
Dining room
- Level: Main
Kitchen
- Area: 233.6
- Dimensions: 16 x 14.6
Living room
- Level: Main
- Area: 384
- Dimensions: 24 x 16
Heating
- Dual Fuel/Off Peak, Electric, In-Floor, Propane
Cooling
- See Remarks, Ductless
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator, Water Softener, Washer, Elec. Dryer, Electric Water Heater
Features
- Basement: Crawl Space,Partial,Poured
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace, Free Standing, Wood Burning
Interior area
- Total structure area: 2,120
- Total interior livable area: 2,120 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Stalls, Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: 1 1/4 Story
- Patio & porch: Deck, Patio, Covered, See Remarks
- Exterior features: Guttering: Yes
- Fencing: None
- On waterfront: Yes
- Waterfront features: Lake Front
- Body of water: Eagles Nest 1
Lot
- Size: 2 Acres
- Dimensions: 280 x 440
- Features: Irregular Lot
Details
- Parcel number: 317008000090 + 2
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Steel Siding, Wood Frame
- Roof: Asphalt,Shingle
Condition
- Year built: 1979
Utilities & green energy
- Electric: Amps: 200
- Utilities for property: Septic, Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ely
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $397,900
- Annual tax amount: $4,444
- Date on market: 7/30/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $449,900+34.3%$212/sqft |
Source: Range AOR #150454 Report a problem | ||
| 8/31/2016 | Sold | $335,000$158/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #4663280 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,626 +0.5% | $397,900 +33.6% |
| 2023 | $2,614 +20.2% | $297,800 +4.4% |
| 2022 | $2,174 -7.3% | $285,200 +33.5% |
| 2021 | $2,344 | $213,600 -6.9% |
| 2020 | $2,344 | $229,500 |
| 2019 | $2,344 +13% | $229,500 +10.1% |
| 2018 | $2,074 +3.2% | $208,400 |
| 2017 | $2,010 -3.1% | $208,400 +21.9% |
| 2016 | $2,074 +1.7% | $170,900 -36.6% |
| 2015 | $2,040 -8.8% | $269,400 -5.8% |
| 2014 | $2,236 -38% | $285,900 |
| 2013 | $3,608 +37.8% | $285,900 +3.7% |
| 2012 | $2,619 +12.4% | $275,600 -2.4% |
| 2011 | $2,329 -23.6% | $282,500 -21.4% |
| 2010 | $3,048 | $359,200 |
| 2009 | $3,048 +101.7% | $359,200 +56.6% |
| 2008 | $1,511 +939.2% | $229,400 +1290.3% |
| 2007 | $145 +24.7% | $16,500 +32% |
| 2006 | $117 +38.7% | $12,500 +60.3% |
| 2004 | $84 +5.5% | $7,800 +16.4% |
| 2003 | $80 +6% | $6,700 +9.8% |
| 2002 | $75 -12.1% | $6,100 +8.9% |
| 2001 | $86 +64% | $5,600 +7.7% |
| 2000 | $52 | $5,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 5/10Tower-Soudan Elementary SchoolGrades: PK-6Distance: 8.4 mi
- 6/10Northeast Range SecondaryGrades: 7-12Distance: 11.2 mi
Schools provided by the listing agent
- District: Ely-696
Source: Range AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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