St. Louis County property record for 1403 E Sheridan St, Ely, MN 55731 · Last verified August 2026
| Property Type | Commercial > Retail > Motel |
|---|---|
| Year Built | Built 1999 |
| Square Footage | 2,520 sqft Gross Area |
| Lot Size | 10,712 sqft (0.245 acres) |
| Garage | Mixed, 2,328 sqft |
| Last Sale | $195,000 (2021) |
| Tax Bill | $4,914.00 (2026) |
| Primary APN | 030-0400-00180 |
|---|---|
| Alternative APN |
|
| Building Area | 2,520 sqft Gross Area |
|---|---|
| 1st Floor | 2,520 sqft 1st Floor |
| Basement Area | 792 sqft Basement |
| Office | 240 sqft Office |
| Fire Sprinklers | The property is equipped with a fire-suppression sprinkler system |
| Year Built | Built 1940 |
|---|---|
| Effective Year Built | Effective 1999 |
| Exterior Material | Aluminum/Vinyl Exterior |
| Lot Area | 10,712 sqft (0.245 acres) |
| Garage Type | Mixed Garage |
| Garage Area | 2,328 sqft Garage |
| Sauna | Sauna |
| Cooling System | Wall Unit Cooling |
|---|---|
| Heating System | Forced Air with Air Conditioning Heating |
| Account Number | 1107585 |
|---|---|
| Street Address | 1403 E SHERIDAN ST |
| City | ELY |
| State | MN |
| Zip | 55731-1834 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail > Motel |
| Legal Description | LOTS 1 THRU 4 EX PART TAKEN FOR HWY SERIAL # |
| Legal Subdivision | ZAVERLS ADD TO ELY |
| Legal Block | 3 |
| Legal Lot Number | 1-4 |
| Jurisdiction | ST LOUIS MN |
| Minor Civil Division | ELY |
| Census Blockgroup | 5 |
| Census Block | 5009 |
| Census Tract | 15300 |
Source: St. Louis County records · APN 030-0400-00180
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 Record | Company Name on File |
|---|---|
| Mailing Address | PO BOX 240, ELY, MN 55731-0240 |
| Owner Type | Owner is a Company |
| Vesting | Company |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Sep 08, 2021 · Amount on Record |
| Deed Sale | Sep 08, 2021 · Amount on Record |
| Deed Doc Number | 20211423887 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Quit Claim Deed |
|---|---|
| Jurisdiction | ST LOUIS MN |
| Recording Date | Sep 08, 2021 |
| Property Address | 1403 E SHERIDAN ST, ELY, MN 55731-1834 |
| Document Number | 0001423887 |
| Instrument Date | Sep 01, 2021 |
| Instrument | 1423887 |
| Transaction Type | Transfer |
| Record Updated | Oct 01, 2021 |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $643.50 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | PO BOX 240, ELY, MN 55731-0240 |
| Document Number | 0001423889 |
|---|---|
| Date | Sep 08, 2021 |
| Instrument | 1423889 |
| Name | WARREN R WALBURN ETUX |
|---|---|
| Type | Seller |
| Type | Seller Take-Back |
|---|---|
| Amount | Amount Recorded |
| Document Number | 0001423888 |
|---|---|
| Date | Sep 08, 2021 |
| Instrument | 1423888 |
| Name | BOUNDARY WATERS BANK |
|---|---|
| Type | Bank |
| Address | ELY, MN 55731 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 180 Months |
| Due | Sep 01, 2036 |
Source: St. Louis County records · Assessment roll updated August 17, 2026 · Last verified August 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | St. Louis County |
| Municipality | Ely City |
| Unified School District | Ely Public School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $4,914.00 (+6.41%) | ||
| 2025 | $4,618.00 (+8.15%) | $227,500 (+16.55%) Land $40,100 Building $187,400 | $227,500 (+16.55%) Land $40,100 Building $187,400 |
| 2024 | $4,270.00 | $195,200 (+41.86%) Land $38,200 Building $157,000 | $195,200 (+41.86%) Land $38,200 Building $157,000 |
| 2022 | $137,600 Land $33,300 Building $104,300 | $137,600 Land $33,300 Building $104,300 |
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