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1230 E Sheridan St, Ely, MN 55731 Property Records

St. Louis County property record for 1230 E Sheridan St, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail
Year BuiltBuilt 1983
Square Footage13,404 sqft Gross Area
Lot Size29,662 sqft (0.68 acres)
Garage19,250 sqft
Last Sale$425,000 (2021)
Tax Bill$10,742.00 (2026)

Property Details

APN / Parcel Number

Primary APN030-0352-00450
Alternative APN
  • 1121929

Interior

Building Area13,404 sqft Gross Area
1st Floor13,404 sqft 1st Floor
Basement Area1,100 sqft Basement
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 1954
Effective Year BuiltEffective 1983
Exterior MaterialConcrete Block Exterior
Lot Area29,662 sqft (0.68 acres)
Garage Area19,250 sqft Garage

Utilities and HVAC

Cooling SystemEvaporative Cooling
Heating SystemForced Air with Air Conditioning Heating

Location & Zoning

Account Number1121929
Street Address1230 E SHERIDAN ST
CityELY
StateMN
Zip55731-1749
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionLOTS 5 & 6 EX NLY 17 FT LOTS 7 THRU 12EX NLY 17 FT SERIAL #
Legal SubdivisionWHITES SECOND ADDITION TO ELY
Legal Block5
Legal Lot Number5-12
JurisdictionST LOUIS MN
Minor Civil DivisionELY
Census Blockgroup5
Census Block5016
Census Tract15300

Owner

Source: St. Louis County records · APN 030-0352-00450

Assessment roll updated August 17, 2026 · Last verified August 2026

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

Owner of RecordCompany Name on File
Mailing Address2043 NORTH DR, ELY, MN 55731-8281
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 09, 2021Deed of Trust, Mortgage · Commercial Mortgage
ZUPANICH BROS INC
Dec 09, 2021Warranty Deed, Transfer · Stand Alone First Mortgage
BOUNDARY WATERS BANK
Jan 07, 2021Warranty Deed, Transfer
NORTHEAST TITLE COMPANY, NORTHEAST TITLE CO
Oct 16, 2018Loan Modification, Mortgage
FRANDSEN BK&TR
Apr 30, 2018Loan Modification, Mortgage · Line of Credit
FRANDSEN BK&TR

Assessor's Deed Record

Deed NamesVerified Name on Deed
Known Transactions
  • Last Sale Amount on Jan 07, 2021
  • Deed Sale Price on Jan 07, 2021
  • Prior Sale Amount on May 16, 2003
Deed Doc Number20211400463
Prior Transfer DateApr 11, 2003
Prior Transfer Doc0000898805
Record RefreshedSep 20, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address1230 E SHERIDAN ST, ELY, MN 55731-1749
Transaction TypeMortgage
Record UpdatedSep 29, 2023
Title CompanyNORTHEAST TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0001432174
DateDec 09, 2021
Instrument1432174
Lender
NameZUPANICH BROS INC
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionST LOUIS MN
Recording DateDec 09, 2021
Property Address1230 E SHERIDAN ST, ELY, MN 55731-1749
Document Number0001432171
Instrument DateNov 17, 2021
Instrument1432171
Transaction TypeTransfer
Record UpdatedAug 15, 2022
Title CompanyNORTHEAST TITLE COMPANY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$3,630.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2045 NORTH DR, ELY, MN 55731-8281

Mortgage

Document Number0001432172
DateDec 09, 2021
Instrument1432172
Lender
NameBOUNDARY WATERS BANK
TypeBank
Agreement
TypeStand Alone First Mortgage
AmountAmount Recorded
Term239 Months
DueNov 17, 2041

Mortgage

Document Number0001432173
DateDec 09, 2021
Instrument1432173
Lender
NameBOUNDARY WATERS BANK
TypeBank
AddressELY, MN 55731
Agreement
TypeStand Alone Second Mortgage
AmountAmount Recorded
Term239 Months
DueNov 17, 2041
Interest
Rate TypeAdjustable Rate

January 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionST LOUIS MN
Recording DateJan 07, 2021
Property Address1230 E SHERIDAN ST, ELY, MN 55731-1749
Document Number00A1400463
Instrument DateJan 04, 2021
InstrumentA1400463
Transaction TypeTransfer
Record UpdatedJan 29, 2021
Title CompanyNORTHEAST TITLE COMPANY, NORTHEAST TITLE CO

Transaction

AmountAmount Recorded
Tax$1,403.00
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address303 E SHERIDAN ST ELY MN 557311453, ELY, MN 55731-1453

October 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionST LOUIS MN
Property Address1230 E SHERIDAN ST, ELY, MN 55731-1749
Document Number0001344673
Instrument DateOct 16, 2018
Transaction TypeMortgage
Record UpdatedJan 02, 2019

Transaction

Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1230 E SHERIDAN ST ELY MN 557311749, ELY, MN 55731-1749

Mortgage

Document Number0001344673
DateNov 14, 2018
Instrument1344673
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
Term24 Months
DueNov 13, 2020

April 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionST LOUIS MN
Property Address1230 E SHERIDAN ST, ELY, MN 55731-1749
Document Number00A1332908
Instrument DateApr 30, 2018
Transaction TypeMortgage
Record UpdatedJun 01, 2018

Transaction

Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership
Address1230 E SHERIDAN ST ELY MN 557311749, ELY, MN 55731-1749

Mortgage

Document Number00A1332908
DateMay 16, 2018
InstrumentA1332908
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
TypeLine of Credit
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: St. Louis County records · Assessment roll updated August 17, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateMinnesota
CountySt. Louis County
MunicipalityEly City
Unified School DistrictEly Public School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2026$10,742.00 (+2.11%)
2025$10,520.00 (+2.1%)$357,800 (+8.92%) Land $107,100 Building $250,700$357,800 (+8.92%) Land $107,100 Building $250,700
2024$10,304.00 (-1.34%)$328,500 (+9.25%) Land $101,700 Building $226,800$328,500 (+9.25%) Land $101,700 Building $226,800
2023$10,444.00
2022$300,700 (-) Land $88,300 Building $212,400$300,700 (-) Land $88,300 Building $212,400
2021$300,700 Land $88,300 Building $212,400$300,700 Land $88,300 Building $212,400

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