Google satellite image for 4138 First Lake Rd, Ely, MN 55731

Off Market Apr 2007 for $185K

—

Est. refi paymentEst. refi $1,320/mo

•

— ba

•

480

sq ft

4138 First Lake Rd, Ely, MN 55731

About this home

4138 First Lake Rd is a 480 square foot property on a 15.75 acre lot with 1 bedroom. - it last sold on April 27, 2007 for $185,000.

1991Year Built

15.75 acresLot Size

$385Price/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 July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.7%

0.3% MoM

Median sale price

$265K

$31K MoM

Avg. days on market

53d

0 days MoM

Recently sold homes

9 MoM

New listings for sale

$749,000
1 bed— baths352 sq ft
2815 Schaeffer Rd, Ely, MN 55731
$799,000
2 beds1 bath988 sq ft
2811 Schaeffer Rd, Ely, MN 55731
$259,000
3 beds1 bath1,064 sq ft
308 S 8th Ave. Ave E, Ely, MN 55731
$684,500
3 beds2 baths1,806 sq ft
214 Cedar Ln, Ely, MN 55731
VIDEO TOUR
$887,900
2 beds1 bath525 sq ft
3530 North Arm Rd, Ely, MN 55731
$117,000
3 beds1 bath918 sq ft
31 E Harvey St, Ely, MN 55731
3D WALKTHROUGH
$395,000
2 beds1 bath955 sq ft
13412 Bear Paw Trl, Ely, MN 55731
3D WALKTHROUGH
$449,000
2 beds2 baths1,389 sq ft
1772 Hwy 120, Ely, MN 55731
3D WALKTHROUGH
$850,000
3 beds2 baths1,904 sq ft
14653 & 14655 Hulstrand Rd, Ely, MN 55731
See all

Provided by Redfin

Sale history for 4138 First Lake Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,000 (+4.5%)

$142,300 + $39,100

$181,400

2025

$1,914 (+11.9%)

$142,300 + $37,200

$179,500

2024

$1,710 (−8.2%)

$129,400 + $30,900

$160,300

2023

$1,862 (−8.2%)

$129,400 + $30,900

$160,300

2022

$2,028 (−4.0%)

$129,400 + $28,100

$157,500

2021

$2,112 (+5.1%)

$129,400 + $30,900

$160,300

2020

$2,010 (+2.8%)

$129,400 + $30,900

$160,300

2019

$1,956 (+0.4%)

$129,400 + $28,700

$158,100

2018

$1,948 (−0.5%)

$129,300 + $28,700

$158,000

2017

$1,958 (−0.5%)

$129,300 + $28,700

$158,000

2016

$1,968 (+2.4%)

$136,800 + $26,700

$163,500

2014

$1,921 (−7.9%)

$136,800 + $26,700

$163,500

2013

$2,085

$152,000 + $26,800

$178,800

Tax history for 4138 First Lake Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,000 (+4.5%)

$142,300 + $39,100

$181,400

2025

$1,914 (+11.9%)

$142,300 + $37,200

$179,500

2024

$1,710 (−8.2%)

$129,400 + $30,900

$160,300

2023

$1,862 (−8.2%)

$129,400 + $30,900

$160,300

2022

$2,028 (−4.0%)

$129,400 + $28,100

$157,500

2021

$2,112 (+5.1%)

$129,400 + $30,900

$160,300

2020

$2,010 (+2.8%)

$129,400 + $30,900

$160,300

2019

$1,956 (+0.4%)

$129,400 + $28,700

$158,100

2018

$1,948 (−0.5%)

$129,300 + $28,700

$158,000

2017

$1,958 (−0.5%)

$129,300 + $28,700

$158,000

2016

$1,968 (+2.4%)

$136,800 + $26,700

$163,500

2014

$1,921 (−7.9%)

$136,800 + $26,700

$163,500

2013

$2,085

$152,000 + $26,800

$178,800

*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: Very Good
Building Style Type: Cabin
Construction Type: Wood
Building Construction Quality: Average
Building Type: Residential

Pool Information
Pool Type: Sauna
Has Pool

Property Information
Living Sq. Ft: 480
Building Sq. Ft: 480
# of Stories: 1.5
Legal Description: LOT 1 EX THAT PART LYING S OF THE FOLLOWING DESCRIBED LINE ASSUMING W LINE OF LOT 1 TO BEAR S02DEG09'54"E & FROM THE NW COR RUN S02DEG09'54"E ALONG W LINE 574.95 FT TO PT OF BEG THENCE N89DEG33'43"E 496.99 FT THENCE S01DEG10'25"W 15 FT THENCE N89DEG33'43"E 668.23 FT TO E LINE OF LOT 1

Lot Information
# of Buildings: 1
Land Sq. Ft: 686,070
Legal Lot Number: 1
Municipality Name: UNORG 64-13
Acres: 15.75
Zoning Code: RES
County Use Description: NON-COMM SEASONAL RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 1
Baths: —
Sq. Ft.: 480
Stories: 1.5
Lot Size: 15.75 acres
Style: Other
Year Built: 1991
Year Renovated: —
County: St. Louis County
APN: 628-0010-01990

Home facts updated by county records on Jun 15, 2026

Around this home

Schools

Washington Elementary School

Public PreK-5 • Assigned • 9.0mi

6/10

Memorial Middle School

Public 6-8 • Assigned • 9.1mi

7/10

Memorial Secondary

Public 9-12 • Assigned • 9.1mi

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

0.15% 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

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New listings for sale in 55731

$749,000

1 bed— baths352 sq ft

2815 Schaeffer Rd, Ely, MN 55731

$799,000

2 beds1 bath988 sq ft

2811 Schaeffer Rd, Ely, MN 55731

$259,000

3 beds1 bath1,064 sq ft

308 S 8th Ave. Ave E, Ely, MN 55731

$684,500

3 beds2 baths1,806 sq ft

214 Cedar Ln, Ely, MN 55731

VIDEO TOUR

$887,900

2 beds1 bath525 sq ft

3530 North Arm Rd, Ely, MN 55731

$117,000

3 beds1 bath918 sq ft

31 E Harvey St, Ely, MN 55731

3D WALKTHROUGH

$395,000

2 beds1 bath955 sq ft

13412 Bear Paw Trl, Ely, MN 55731

3D WALKTHROUGH

$449,000

2 beds2 baths1,389 sq ft

1772 Hwy 120, Ely, MN 55731

3D WALKTHROUGH

$850,000

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14653 & 14655 Hulstrand Rd, Ely, MN 55731

Home values near 4138 First Lake Rd

Data from public records.

Address	Redfin Estimate
4089 First Lake Road, Ely, MN 1 Beds \| 1 Baths \| 768 Sq. Ft.	$289,793
2716 Echo Trail, Ely, MN 1 Beds \| 1 Baths \| 1232 Sq. Ft.	$451,319

Address	Redfin Estimate
4194 First Lake Road, Ely, MN 1 Beds \| - Baths \| 280 Sq. Ft.	$140,262
2148 Nels Lake Road, Ely, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$442,096

Address	Redfin Estimate
2790 Echo Trail, Ely, MN 1 Beds \| - Baths \| 540 Sq. Ft.	$236,568
2772 Echo Trail, Ely, MN 1 Beds \| 1 Baths \| 600 Sq. Ft.	$292,334

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