2618 Bear Island River Rd, Ely, MN 55731 Property Records

St. Louis County property record for 2618 Bear Island River Rd, Ely, MN 55731

Property Summary

Property Type	Single Family Home
Details	2 bd · 1.5 ba · 2,814 sqft · built 1965
Lot Size	1.09 acres (47,878 sqft)
Owner	Individual Name on Record
Last Sale	$50,000 (Feb 2021)
Tax Bill	$4,938 (2026)
Deeds & Mortgages	Sep 2025 Mortgage May 2021 Construction Loan + 3 more
Flood Zone	Zone X (minimal risk)
APN	`625-0025-00310`

Property Details

APN / Parcel Number

Primary APN	`625-0025-00310`
Alternative APNs	`1102791` `1142306`

Interior

Bedrooms	2 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	4 Rooms
Stories	1 Story
Building Area	2,814 sqft Gross Area
1st Floor Area	1,848 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1965
Effective Year Built	Effective 1965
Architectural Style	Custom Design
Exterior Material	Metal
Construction Type	Frame
Lot Area	47,878 sqft (1.09 acres)
Garage Area	1,288 sqft
Storage Building	100 sqft
Sauna	Sauna
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Propane

Location & Zoning

Account Number	1142306
Street Address	2618 BEAR ISLAND RIVER RD
City	ELY
State	MN
Zip	55731-8309
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	SMU
Legal Description	LOT: 0025 BLOCK:002 SERIAL #
Legal Subdivision	LAHTI LAND
Legal Block	2
Legal Lot Number	25
Jurisdiction	ST LOUIS MN
Township / Civil Division	BIRCH LAKE
Census Block Group	2
Census Block	2092
Census Tract	15401

Owner

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

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	Individual Name on Record
Mailing Address	2618 BEAR ISLAND RIVER RD, ELY, MN 55731-8309
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 8, 2025	Deed of Trust, Mortgage · Conventional Mortgage FRANDSEN BANK & TRUST
May 18, 2021	Deed of Trust, Mortgage · Construction Mortgage FRANDSEN BANK & TRUST
Jan 27, 2022	Deed of Trust, Mortgage · Conventional Mortgage FRANDSEN BANK & TRUST
Feb 24, 2021	Warranty Deed, Transfer NORTHEAST TITLE COMPANY
Jan 6, 2021	Quit Claim Deed, Transfer ATTORNEY ONLY

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 24, 2021 · Amount on Record
Deed Sale	Feb 24, 2021 · Amount on Record
Deed Document Number	20211404979
Prior Transfer Date	Dec 22, 2020
Prior Transfer Doc	00A1400393
Record Updated	Sep 20, 2026

September 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ST LOUIS MN
Property Address	2618 BEAR ISLAND RIVER RD, ELY, MN 55731-8309
Transaction Type	Mortgage
Record Updated	Oct 6, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2618 BEAR ISLAND RIVER RD, ELY, MN 55731-8309

Mortgage

Document Number	0001517650
Date	Sep 8, 2025
Instrument	1517650

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank
Address	NEW ULM, MN 56073

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Sep 1, 2055

May 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ST LOUIS MN
Property Address	2618 BEAR ISLAND RIVER RD, ELY, MN 55731-8309
Transaction Type	Mortgage
Record Updated	Sep 6, 2022
Title Company	NORTHEAST TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 643, ELY, MN 55731-0643

Mortgage

Document Number	0001414243
Date	May 18, 2021
Instrument	1414243

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank
Address	SAINT PAUL, MN 55112

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	9 Months
Due	Feb 11, 2022

January 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	ST LOUIS MN
Property Address	2618 BEAR ISLAND RIVER RD, ELY, MN 55731-8309
Transaction Type	Mortgage
Record Updated	Sep 6, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0001436163
Date	Jan 27, 2022
Instrument	1436163

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank
Address	SAINT PAUL, MN 55112

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Feb 1, 2052

Interest

Rate Type	Adjustable Rate
Type Change Date	Apr 1, 2027
Change Frequency	3 Years
Min Rate At Change	2%
Max Rate At Change	2.45%
Index	3-Year CMT
Max Rate	9.62%

February 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ST LOUIS MN
Recording Date	Feb 24, 2021
Property Address	2618 BEAR ISLAND RIVER RD, ELY, MN 55731-8309
Document Number	0001404979
Instrument Date	Feb 11, 2021
Instrument	1404979
Transaction Type	Transfer
Record Updated	Sep 6, 2022
Title Company	NORTHEAST TITLE COMPANY

Transaction

Amount	Amount Recorded
Tax	$165.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	PO BOX 643, ELY, MN 55731-0643

January 2021: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	ST LOUIS MN
Recording Date	Jan 6, 2021
Property Address	2618 BEAR ISLAND RIVER RD, ELY, MN 55731-8309
Document Number	00A1400393
Instrument Date	Dec 22, 2020
Instrument	A1400393
Transaction Type	Transfer
Record Updated	Jan 29, 2021
Title Company	ATTORNEY ONLY

Transaction

Amount	Amount Recorded
Tax	$2.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Husband and Wife
Address	PO BOX 643 ELY MN 557310643, ELY, MN 55731-0643

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Minnesota
County	St. Louis County
Unified School District	Ely Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$4,938.00 (+12.84%) Homeowner's exemption
2025	$4,376.00 (+20.48%) Homeowner's exemption	$548,000 (+19.18%) Land $200,100 Building $347,900	$548,000 (+19.18%) Land $200,100 Building $347,900
2024	$3,632.00	$459,800 (+73.77%) Land $200,100 Building $259,700	$459,800 (+73.77%) Land $200,100 Building $259,700
2022		$264,600 Land $146,900 Building $117,700	$264,600 Land $146,900 Building $117,700

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 Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 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 Risk	Moderate above 58% of the US · above 83% of Minnesota
Wildfire Likelihood	0.08% annual chance
Exposure	Direct 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 33 locations within half a mile, as of December 31, 2025

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

Cell Coverage

5G (outdoors only) and 4G LTE

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