1542 Saari Rd, Ely, MN 55731 Property Records

St. Louis County property record for 1542 Saari Rd, Ely, MN 55731

Property Summary

Property TypeResidential Multi-Family (5+ Units)
Details3 bd · 2.5 ba · 1,578 sqft · built 2005
Lot Size4.75 acres (206,910 sqft)
Owner2 Company Names on Record
Tax Bill$5,918 (2026)
Deeds & MortgagesOct 2023 Line of Credit
Flood ZoneZone X (minimal risk)
APN465-0010-03426

Property Details

APN / Parcel Number

Primary APN465-0010-03426
Alternative APNs
  • 1159000
  • 790327

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Total Rooms3 Rooms
Stories1 Story
Building Area1,578 sqft Gross Area
1st Floor Area1,578 sqft
Basement Area120 sqft
Finished Basement120 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2005
Effective Year BuiltEffective 2005
Architectural StyleRanch
Exterior MaterialWood
Construction TypeFrame
Lot Area206,910 sqft (4.75 acres)
Garage Area1,760 sqft
Deck Area96 sqft
SaunaSauna

Utilities, Heating & Cooling

Cooling SystemCentral
Heating FuelGas

Location & Zoning

Account Number1159000
Street Address1542 SAARI RD
CityELY
StateMN
Zip55731-8238
Property CategoryResidential
Property TypeResidential > Multi-Unit > Residential Multi-Family (5+ Units)
Local Zoning CodeSMU
Legal DescriptionPART OF LOT 5 ASSUMING S LINE OF LOT 5 TOBEAR N90DEG00'00"E & FROM SW COR OF LOT 5 RUNN43DEG36'59"E 732.07 FT THENCE
Legal Range12W
Legal Township62N
Legal Section24
Legal SubdivisionMORSE TOWN OF
Legal Lot Number5
JurisdictionST LOUIS MN
Township / Civil DivisionMORSE
Census Block Group1
Census Block1074
Census Tract15401

Owner

Source: St. Louis County records, as of September 28, 2026

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

Owner of Record2 Company Names on Record
Mailing Address1542 SAARI RD, ELY, MN 55731-8238
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last Transfer DateOct 23, 2024
Transfer Doc0001498099
Record UpdatedOct 29, 2026

October 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address1542 SAARI RD, ELY, MN 55731-8238
Transaction TypeMortgage
Record UpdatedNov 22, 2023
Title CompanyRADIAN SETTLEMENT SERVICES INC, RADIAN SETTLEMENT SERVICES

Transferred To (Grantee/Buyer)

NameVerified Name
Address1542 SAARI RD, ELY, MN 55731-8238

Mortgage

Document Number0001476411
DateOct 20, 2023
Instrument1476411
Lender
NameUS BANK NA
TypeBank
AddressCINCINNATI, OH 45202
Agreement
TypeLine of Credit
AmountAmount Recorded
Term359 Months
DueSep 15, 2053
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$5,918.00 (+18.41%)
2025$606,400 (+15.55%) Land $277,600 Building $328,800$606,400 (+15.55%) Land $277,600 Building $328,800
2024$4,998.00$524,800 (+2.44%) Land $264,900 Building $259,900$524,800 (+2.44%) Land $264,900 Building $259,900
2022$512,300 Land $252,300 Building $260,000$512,300 Land $252,300 Building $260,000

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

Flood

Source: FEMA National Flood Hazard Layer, effective March 24, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone A, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

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

Wildfire RiskHigh
above 72% of the US · above 89% of Minnesota
Wildfire Likelihood0.2% annual chance
ExposureDirect
burnable vegetation

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

Internet Providers

Source: FCC Broadband Data Collection, based on 5 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Zito Media
Fiber
1,000 / 1,000

Cell Coverage

5G and 4G LTE (outdoors only)

Nearby Properties on Saari Rd

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