242 E Sheridan St, Ely, MN 55731 Property Records

St. Louis County property record for 242 E Sheridan St, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property TypeResidential > Multi-Unit > Residential Multi-Family (5+ Units)
Year BuiltBuilt 1989
Square Footage5,638 sqft Gross Area
Lot Size6,248 sqft (0.143 acres)
Tax Bill$5,178.00 (2026)

Property Details

APN / Parcel Number

Primary APN030-0010-01040
Alternative APN
  • 980105

Interior

Building Area5,638 sqft Gross Area
1st Floor5,638 sqft 1st Floor
Basement Area3,250 sqft Basement
Stories1 Stories
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 1910
Effective Year BuiltEffective 1989
Exterior MaterialOther Exterior
Lot Area6,248 sqft (0.143 acres)

Utilities and HVAC

Heating SystemHot Water Heating

Location & Zoning

Account Number980105
Street Address242 E SHERIDAN ST
CityELY
StateMN
Zip55731-1452
Property UsageResidential Property Usage
TypeResidential > Multi-Unit > Residential Multi-Family (5+ Units)
Legal DescriptionLOTS 11 AND 12 SERIAL #
Legal SubdivisionELY
Legal Block9
Legal Lot Number11-12
JurisdictionST LOUIS MN
Minor Civil DivisionELY
Census Blockgroup2
Census Block2018
Census Tract15300

Owner

Source: St. Louis County records · APN 030-0010-01040

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 Address212 BINGHAM RD, COLUMBIA, MO 65203-3505
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Aug 05, 2021Deed of Trust, Mortgage · Commercial Mortgage
NATIONAL BANK OF COMMERCE
Aug 05, 2021Deed of Trust, Mortgage · Commercial Mortgage
NATIONAL BANK OF COMMERCE
Jan 27, 2020Deed of Trust, Mortgage · Conventional Mortgage
MISCELLANEOUS GOVT AGCY
Nov 20, 2018Loan Modification, Mortgage
FRANDSEN BK&TR
Jul 11, 2018Loan Modification, Mortgage
FRANDSEN BK&TR
Feb 08, 2018Deed of Trust, Mortgage · Conventional Mortgage with Private Mortgage Insurance (PMI)
PRIVATE INDIVIDUAL
Jan 26, 2018Loan Modification, Mortgage
FRANDSEN BK&TR
Sep 12, 2017Loan Modification, Mortgage
FRANDSEN BK&TR
Jun 30, 2017Loan Modification, Mortgage
FRANDSEN BK&TR

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleApr 21, 2015
Deed SaleApr 21, 2015
Deed Doc Number20151258828
Last Transfer DateJul 31, 2015
Transfer Doc00A1270518
Record RefreshedSep 20, 2026

August 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address242 E SHERIDAN ST, ELY, MN 55731-1452
Transaction TypeMortgage
Record UpdatedAug 25, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0001421093
DateAug 05, 2021
Instrument1421093
Lender
NameNATIONAL BANK OF COMMERCE
TypeBank
AddressSUPERIOR, WI 54880
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

August 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address242 E SHERIDAN ST, ELY, MN 55731-1452
Transaction TypeMortgage
Record UpdatedAug 25, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0001421094
DateAug 05, 2021
Instrument1421094
Lender
NameNATIONAL BANK OF COMMERCE
TypeBank
AddressSUPERIOR, WI 54880
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

January 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address242 E SHERIDAN ST, ELY, MN 55731-1452
Document Number00A1372358
Instrument DateJan 27, 2020
Transaction TypeMortgage
Record UpdatedFeb 18, 2020
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address242 E SHERIDAN ST ELY MN 557311452, ELY, MN 55731-1452

Mortgage

Document Number00A1372358
DateJan 28, 2020
InstrumentA1372358
Lender
NameMISCELLANEOUS GOVT AGCY
Address209 E CHAPMAN ST, ELY, MN 55731-1471
Agreement
TypeConventional Mortgage
AmountAmount Recorded

November 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionST LOUIS MN
Property Address242 E SHERIDAN ST, ELY, MN 55731-1452
Document Number0001346496
Instrument DateNov 20, 2018
Transaction TypeMortgage
Record UpdatedDec 24, 2018

Transaction

Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address234 E SHERIDAN ST ELY MN 557311452, ELY, MN 55731-1452

Mortgage

Document Number0001346496
DateDec 13, 2018
Instrument1346496
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
Term12 Months
DueDec 12, 2019

July 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionST LOUIS MN
Property Address242 E SHERIDAN ST, ELY, MN 55731-1452
Document Number00A1337448
Instrument DateJul 11, 2018
Transaction TypeMortgage
Record UpdatedJul 09, 2020
Title CompanyNOT AVAILABLE

Transaction

Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address234 E SHERIDAN ST ELY MN 557311452, ELY, MN 55731-1452

Mortgage

Document Number00A1337448
DateJul 27, 2018
InstrumentA1337448
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
Term12 Months
DueJul 26, 2019

February 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address242 E SHERIDAN ST, ELY, MN 55731-1452
Document Number00A1327647
Instrument DateFeb 08, 2018
Transaction TypeMortgage
Record UpdatedAug 31, 2018

Transaction

Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany

Mortgage

Document Number00A1327647
DateFeb 13, 2018
InstrumentA1327647
Lender
NamePRIVATE INDIVIDUAL
TypeFunding / Finance Company
AddressEVELETH, MN 55734
Agreement
TypeConventional Mortgage with Private Mortgage Insurance (PMI)
AmountAmount Recorded
Term60 Months
DueFeb 12, 2023

January 2018: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionST LOUIS MN
Property Address242 E SHERIDAN ST, ELY, MN 55731-1452
Document Number00A1330386
Instrument DateJan 26, 2018
Transaction TypeMortgage
Record UpdatedApr 20, 2018

Transaction

Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address234 E SHERIDAN ST ELY MN 557311452, ELY, MN 55731-1452

Mortgage

Document Number00A1330386
DateApr 03, 2018
InstrumentA1330386
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
Term12 Months
DueApr 02, 2019

September 2017: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionST LOUIS MN
Property Address242 E SHERIDAN ST, ELY, MN 55731-1452
Document Number00A1319576
Instrument DateSep 12, 2017
Transaction TypeMortgage
Record UpdatedOct 26, 2017

Transaction

Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address242 E SHERIDAN ST ELY MN 557311452, ELY, MN 55731-1452

Mortgage

Document Number00A1319576
DateOct 09, 2017
InstrumentA1319576
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
Term12 Months
DueOct 08, 2018

June 2017: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionST LOUIS MN
Property Address242 E SHERIDAN ST, ELY, MN 55731-1452
Document Number00A1313385
Instrument DateJun 30, 2017
Transaction TypeMortgage
Record UpdatedJul 31, 2017

Transaction

Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address234 E SHERIDAN ST ELY MN 557311452, ELY, MN 55731-1452

Mortgage

Document Number00A1313385
DateJul 18, 2017
InstrumentA1313385
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
Term12 Months
DueJul 17, 2018

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$5,178.00 (+1.93%)
2025$5,080.00 (+4.83%)$235,100 (+9.96%) Land $36,800 Building $198,300$235,100 (+9.96%) Land $36,800 Building $198,300
2024$4,846.00$213,800 (+15.76%) Land $35,100 Building $178,700$213,800 (+15.76%) Land $35,100 Building $178,700
2022$184,700 Land $32,000 Building $152,700$184,700 Land $32,000 Building $152,700

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