Google satellite image for 2865 Schaeffer Rd, Ely, MN 55731

Off Market May 2007 for $395K

—

Est. refi paymentEst. refi $2,474/mo

•

1 ba

•

1,148

sq ft

2865 Schaeffer Rd, Ely, MN 55731

About this home

2865 Schaeffer Rd is a 1,148 square foot property on a 0.43 acre lot with 2 bedrooms and 1 bathroom. - it last sold on May 31, 2007 for $395,000.

1983Year Built

0.43 acresLot Size

$344Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 55731, MN

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.2%

0.8% MoM

Median sale price

$275K

$6K MoM

Avg. days on market

62d

20 days MoM

Recently sold homes

6 MoM

New listings for sale

$239,000
2 beds1 bath992 sq ft
408 S 7th Ave Ave E, Ely, MN 55731
$175,000
1 bed— baths290 sq ft
4704 Highway 169, Ely, MN 55731
$317,000
2 beds— baths1,282 sq ft
651 Fernberg Rd, Ely, MN 55731
$230,000
7 beds4 baths2,600 sq ft
429 S 4th Ave Ave E, Ely, MN 55731
3D WALKTHROUGH
$160,000
2 beds1 bath1,064 sq ft
1211 E Camp St, Ely, MN 55731
See all

Provided by Redfin

Sale history for 2865 Schaeffer Rd

Year

Property tax

Land + Additions

Assessment*

2026

$3,856 (+16.2%)

$236,500 + $174,200

$410,700

2025

$3,318 (+1.8%)

$206,200 + $144,900

$351,100

2024

$3,258 (+8.1%)

$194,700 + $151,100

$345,800

2023

$3,014 (+3.6%)

$166,000 + $125,800

$291,800

2022

$2,908 (−3.2%)

$141,500 + $109,600

$251,100

2021

$3,004 (+6.1%)

$141,500 + $109,600

$251,100

2020

$2,832 (−2.5%)

$141,500 + $109,600

$251,100

2019

$2,906 (+0.3%)

$160,200 + $99,000

$259,200

2018

$2,898 (−0.6%)

$160,200 + $99,000

$259,200

2017

$2,916 (−1.6%)

$160,200 + $99,000

$259,200

2016

$2,964 (−5.2%)

$168,400 + $99,000

$267,400

2014

$3,126 (−0.7%)

$168,000 + $109,500

$277,500

2013

$3,149

$168,000 + $109,500

$277,500

Tax history for 2865 Schaeffer Rd

Year

Property tax

Land + Additions

Assessment*

2026

$3,856 (+16.2%)

$236,500 + $174,200

$410,700

2025

$3,318 (+1.8%)

$206,200 + $144,900

$351,100

2024

$3,258 (+8.1%)

$194,700 + $151,100

$345,800

2023

$3,014 (+3.6%)

$166,000 + $125,800

$291,800

2022

$2,908 (−3.2%)

$141,500 + $109,600

$251,100

2021

$3,004 (+6.1%)

$141,500 + $109,600

$251,100

2020

$2,832 (−2.5%)

$141,500 + $109,600

$251,100

2019

$2,906 (+0.3%)

$160,200 + $99,000

$259,200

2018

$2,898 (−0.6%)

$160,200 + $99,000

$259,200

2017

$2,916 (−1.6%)

$160,200 + $99,000

$259,200

2016

$2,964 (−5.2%)

$168,400 + $99,000

$267,400

2014

$3,126 (−0.7%)

$168,000 + $109,500

$277,500

2013

$3,149

$168,000 + $109,500

$277,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Exterior

Exterior Information
Physical Condition: Good
Construction Type: Wood
Building Construction Quality: Good
Building Type: Residential

Pool Information
Pool Type: Sauna
Has Pool

Property Information
Subdivision Name: MORSE TOWN OF
Living Sq. Ft: 1,148
Building Sq. Ft: 1,148
# of Stories: 2
Legal Description: PART OF GOV LOT 3 COMM AT THE MOST ELY COR OF LOT 13 DAVIDSON PARK RUNNING THENCE NELY ALONG THE CONTINUATION OF THE SELY LINE OF SAID LOT 13 A DISTANCE OF 206.67 FT TO THE PT OF BEG THENCE NWLY AT AN ANGLE OF 77 DEG TO THE LEFT 317.8 FT TO THE SHORE OF BURNTSIDE LAKE THENCE NELY ALONG SAID SHORE AT AN ANGLE OF 87 DEG 83' TO THE RIGHT 113.3 FT THENCE SELY AT AN ANGLE OF 85 DEG 53' TO THE RIGHT 78.3 FT THENCE SWLY AT AN ANGLE OF 42 DEG 15' TO THE RIGHT 123.4 FT THENCE SWLY 37 DEG 20' TO THE RIGHT A DISTANCE OF 47.5 FT THENCE SELY AT AN ANGLE OF 76 DEG 55' TO THE LEFT A DISTANCE OF 125.4 FT TO SELY LINE EXTENDED OF SAID LOT 13 THENCE SWLY AT AN ANGLE OF 81 DEG 24' TO THE RIGHT 18 FT TO PT OF BEG

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 240
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 18,731
Legal Lot Number: 3
Municipality Name: MORSE TWP
Acres: 0.43
Zoning Code: RES
County Use Description: NON-COMM SEASONAL RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,148
Stories: 2.0
Lot Size: 0.43 acres
Style: Other
Year Built: 1983
Year Renovated: —
County: St. Louis County
APN: 465-0040-03750

Home facts updated by county records on Jun 15, 2026

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 4.2mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 4.2mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 4.2mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 92° expected this year, 12 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Ely, MN • 55731

Average low and high temperatures (°F)

-5

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

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New listings for sale in 55731

$239,000

2 beds1 bath992 sq ft

408 S 7th Ave Ave E, Ely, MN 55731

$175,000

1 bed— baths290 sq ft

4704 Highway 169, Ely, MN 55731

$317,000

2 beds— baths1,282 sq ft

651 Fernberg Rd, Ely, MN 55731

$230,000

7 beds4 baths2,600 sq ft

429 S 4th Ave Ave E, Ely, MN 55731

3D WALKTHROUGH

$160,000

2 beds1 bath1,064 sq ft

1211 E Camp St, Ely, MN 55731

Home values near 2865 Schaeffer Rd

Data from public records.

Address	Redfin Estimate
2809 Schaeffer Road, Ely, MN 2 Beds \| 1 Baths \| 448 Sq. Ft.	$362,889
2835 Schaeffer Road, Ely, MN 5 Beds \| 3 Baths \| 5191 Sq. Ft.	$2,552,165

Address	Redfin Estimate
2811 Schaeffer Road, Ely, MN 2 Beds \| 1 Baths \| 988 Sq. Ft.	$797,599
2833 Schaeffer Road, Ely, MN 3 Beds \| 2 Baths \| 950 Sq. Ft.	$734,929

Address	Redfin Estimate
2815 Schaeffer Road, Ely, MN 1 Beds \| - Baths \| 352 Sq. Ft.	$746,115
2446 Reed Road, Ely, MN 3 Beds \| 2 Baths \| 2303 Sq. Ft.	$652,626

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