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1500 E Sheridan St, Ely, MN 55731 Property Records

St. Louis County property record for 1500 E Sheridan St, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail
Year BuiltBuilt 2010
Square Footage33,540 sqft Gross Area
Lot Size130,875 sqft (3 acres)
Garage39,580 sqft
Last Sale$1,475,000 (2020)
Tax Bill$66,620.00 (2026)

Property Details

APN / Parcel Number

Primary APN030-0064-00010
Alternative APN
  • 1122750

Interior

Building Area33,540 sqft Gross Area
1st Floor33,540 sqft 1st Floor
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 2007
Effective Year BuiltEffective 2010
Exterior MaterialMetal Exterior
Lot Area130,875 sqft (3 acres)
Garage Area39,580 sqft Garage

Utilities and HVAC

Cooling SystemEvaporative Cooling
Heating SystemForced Air with Air Conditioning Heating

Location & Zoning

Account Number1122750
Street Address1500 E SHERIDAN ST
CityELY
StateMN
Zip55731-1855
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionLOT 1 BLOCK 1 SERIAL #
Legal SubdivisionECHO PROP
Legal Block1
Legal Lot Number1
JurisdictionST LOUIS MN
Minor Civil DivisionELY
Census Blockgroup5
Census Block5006
Census Tract15300

Owner

Source: St. Louis County records · APN 030-0064-00010

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 Address1500 E SHERIDAN ST, ELY, MN 55731-1855
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Feb 24, 2022Deed of Trust, Mortgage · Commercial Mortgage
PARK STATE BANK & TRUST
Dec 04, 2020Warranty Deed, Transfer
LAND TITLE CORPORATION, LAND TITLE INC
Nov 26, 2018Deed of Trust, Mortgage
BELL BK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 04, 2020 · Amount on Record
Deed SaleDec 04, 2020 · Amount on Record
Prior SaleJul 07, 2011 · Amount on Record
Deed Doc Number20201397770
Record RefreshedSep 20, 2026

February 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address1500 E SHERIDAN ST, ELY, MN 55731-1855
Transaction TypeMortgage
Record UpdatedAug 15, 2022

Transferred To (Grantee/Buyer)

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

Mortgage

Document Number0001438030
DateFeb 24, 2022
Instrument1438030
Lender
NamePARK STATE BANK & TRUST
TypeBank
AddressVIRGINIA, MN 55792
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term60 Months
DueFeb 24, 2027

December 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionST LOUIS MN
Recording DateDec 04, 2020
Property Address1500 E SHERIDAN ST, ELY, MN 55731-1855
Document Number00A1397770
Instrument DateNov 30, 2020
InstrumentA1397770
Transaction TypeTransfer
Record UpdatedDec 24, 2020
Title CompanyLAND TITLE CORPORATION, LAND TITLE INC

Transaction

AmountAmount Recorded
Tax$4,868.00
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

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

November 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address1500 E SHERIDAN ST, ELY, MN 55731-1855
Document Number00A1345256
Instrument DateNov 26, 2018
Transaction TypeMortgage
Record UpdatedDec 11, 2018

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Partnership
Address413 WACOUTA ST #100 ST PAUL MN 551011957, 100, ST PAUL, MN 55101-1957

Mortgage

Document Number00A1345256
DateNov 26, 2018
InstrumentA1345256
Lender
NameBELL BK
Address563 BIELENBERG DR, WOODBURY, MN 55125-4425
Agreement
AmountAmount Recorded
Term120 Months
DueNov 25, 2028

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$66,620.00 (+2.38%)
2025$1,965,300 (+9.74%) Land $247,500 Building $1,717,800$1,965,300 (+9.74%) Land $247,500 Building $1,717,800
2024$65,074.00$1,790,800 (+21.98%) Land $235,000 Building $1,555,800$1,790,800 (+21.98%) Land $235,000 Building $1,555,800
2022$1,468,100 Land $212,400 Building $1,255,700$1,468,100 Land $212,400 Building $1,255,700

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