101 W Sheridan St, Ely, MN 55731 Property Records

St. Louis County property record for 101 W Sheridan St, Ely, MN 55731

Property Summary

Property Type	Commercial
Details	960 sqft · built 1940
Lot Size	0.028 acres (1,244 sqft)
Owner	Company Name on Record
Last Sale	$234,400 (Apr 2022)
Tax Bill	$244 (2026)
Deeds & Mortgages	Sep 2021 Mortgage Sep 2021 Line of Credit + 1 more
Flood Zone	Zone X (minimal risk)
APN	`030-0020-00015`

Property Details

APN / Parcel Number

Primary APN	`030-0020-00015`
Alternative APN	`1127915`

Interior

Building Area	960 sqft Base Area
1st Floor Area	960 sqft
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Exterior Material	Metal
Lot Area	1,244 sqft (0.028 acres)
Utility Building	960 sqft

Location & Zoning

Account Number	1127915
Street Address	101 W SHERIDAN ST
City	ELY
State	MN
Zip	55731-1122
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	PART OF OUTLOT 1 BEING PART OF A PARCELASSUMING N BOUNDARY TO LIE E & W ANDFROM NE COR RUN S 84.6333 DEG W 632.79FT TO PT OF
Legal Subdivision	AUDITORS 7 ELY
Jurisdiction	ST LOUIS MN
Township / Civil Division	ELY
Census Block Group	1
Census Block	1019
Census Tract	15300

Owner

Source: St. Louis County records, as of August 17, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	421 MAIN ST, LITTLEFORK, MN 56653
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Sep 14, 2021	Deed of Trust, Mortgage · Commercial Mortgage BORDER BANK
Sep 14, 2021	Deed of Trust, Mortgage · Line of Credit BORDER BANK
Apr 13, 2022	Warranty Deed, Transfer MINNESOTA TITLE AND ABSTRACT COMPANY, MINNESOTA TTL & ABSTRACT CO

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 13, 2022 · Amount on Record
Deed Sale	Apr 13, 2022 · Amount on Record
Deed Document Number	20221441067
Record Updated	Sep 20, 2026

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ST LOUIS MN
Property Address	ELY, MN 55731
Transaction Type	Mortgage
Record Updated	Aug 15, 2022
Title Company	SUN TITLE AND ABSTRACT, MN TITLE & ABSTRACT

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0001424408
Date	Sep 14, 2021
Instrument	1424408

Lender

Name	BORDER BANK
Type	Bank
Address	BAUDETTE, MN 56623

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	61 Months
Due	Oct 16, 2026

September 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ST LOUIS MN
Property Address	ELY, MN 55731
Transaction Type	Mortgage
Record Updated	Aug 15, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0001046695
Date	Sep 14, 2021
Instrument	1046695

Lender

Name	BORDER BANK
Type	Bank
Address	BAUDETTE, MN 56623

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	61 Months
Due	Oct 16, 2026

April 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ST LOUIS MN
Recording Date	Apr 13, 2022
Property Address	ELY, MN 55731
Document Number	0001441067
Instrument Date	Sep 29, 2020
Instrument	1441067
Transaction Type	Transfer
Record Updated	Aug 15, 2022
Title Company	MINNESOTA TITLE AND ABSTRACT COMPANY, MINNESOTA TTL & ABSTRACT CO

Transaction

Amount	Amount Recorded
Tax	$773.52
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	961 1ST AVE, LITTLEFORK, MN 56653-2005

Tax Assessment & Valuation

Source: St. Louis County assessment roll, as of August 17, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	St. Louis County
Municipality	Ely City
Unified School District	Ely Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$244.00
2025	$244.00 (+2.52%)	$4,800 (+9.09%) Land $1,600 Building $3,200	$4,800 (+9.09%) Land $1,600 Building $3,200
2024	$238.00	$4,400 (+46.67%) Land $1,500 Building $2,900	$4,400 (+46.67%) Land $1,500 Building $2,900
2022		$3,000 Land $1,300 Building $1,700	$3,000 Land $1,300 Building $1,700

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective March 24, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 64% of the US · above 63% of Minnesota
Wildfire Likelihood	0.03% annual chance
Exposure	Indirect within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Ely serves 3,258 people · EPA ID MN1690014
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	7 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	Haloacetic acids not recorded as resolved · Oct 2024
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 353 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Midco Fiber	5,000 / 5,000
Treehouse Broadband Fixed Wireless	1,000 / 1,000

May also be available: AT&T, CTC.

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