302 E Sheridan St, Ely, MN 55731 Property Records

St. Louis County property record for 302 E Sheridan St, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail
Year BuiltBuilt 1989
Square Footage4,214 sqft Gross Area
Lot Size31,515 sqft (0.723 acres)
Garage16,500 sqft
Last Sale$425,000 (2024)
Tax Bill$10,904.00 (2026)

Property Details

APN / Parcel Number

Primary APN030-0370-00930
Alternative APNs
  • 1041845
  • 1163170

Interior

Building Area4,214 sqft Gross Area
1st Floor4,214 sqft 1st Floor
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 1989
Effective Year BuiltEffective 1989
Exterior MaterialBrick Veneer Exterior
Lot Area31,515 sqft (0.723 acres)
Garage Area16,500 sqft Garage
Canopy Area100 sqft Canopy

Utilities and HVAC

Cooling SystemA/C Package Cooling
Heating SystemFloor/Wall Furnace Heating

Location & Zoning

Account Number1163170
Street Address302 E SHERIDAN ST
CityELY
StateMN
Zip55731-1454
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionLOTS 1 THRU 10 SERIAL #
Legal SubdivisionWHITESIDES ADD TO THE TOWN OF
Legal Block9
Legal Lot Number1-10
JurisdictionST LOUIS MN
Minor Civil DivisionELY
Census Blockgroup2
Census Block2019
Census Tract15300

Owner

Source: St. Louis County records · APN 030-0370-00930

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 RecordIndividual Name on File
Mailing Address2208 HIGHWAY 1, ELY, MN 55731-8208
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Mar 12, 2024Warranty Deed, Transfer
Sep 22, 2021Deed of Trust, Mortgage · Line of Credit
UNITED PRAIRIE BANK
Sep 26, 2019Deed of Trust, Mortgage
MISCELLANEOUS GOVT AGCY
Feb 21, 2018Deed of Trust, Mortgage
TWIN CITIES-METRO CERTIFIED DE
Feb 21, 2018Deed of Trust, Mortgage
FRANDSEN BK&TR
Nov 17, 2017Warranty Deed, Transfer · Line of Credit
FRANDSEN BK&TR

Assessor's Deed Record

Deed NamesVerified Name on Deed
Known Transactions
  • Last Sale Amount on Mar 12, 2024
  • Deed Sale Price on Mar 12, 2024
  • Prior Sale Amount on Nov 17, 2017
Deed Doc Number20241484304
Record RefreshedSep 20, 2026

March 2024: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionST LOUIS MN
Recording DateMar 12, 2024
Property Address302 E SHERIDAN ST, ELY, MN 55731-1454
Document Number0001484304
Instrument DateFeb 23, 2024
Instrument1484304
Transaction TypeTransfer
Record UpdatedMay 06, 2024

Transaction

AmountAmount Recorded
Tax$1,402.50
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants
Address2208 HIGHWAY 1, ELY, MN 55731-8208

September 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address302 E SHERIDAN ST, ELY, MN 55731-1454
Transaction TypeMortgage
Record UpdatedSep 29, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address3109 HENNEPIN AVE, MINNEAPOLIS, MN 55408-2620

Mortgage

Document Number0001425220
DateSep 22, 2021
Instrument1425220
Lender
NameUNITED PRAIRIE BANK
TypeBank
AddressOWATONNA, MN 55060
Agreement
TypeLine of Credit
AmountAmount Recorded
Term180 Months
DueSep 14, 2036
Interest
Rate TypeAdjustable Rate

September 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address302 E SHERIDAN ST, ELY, MN 55731-1454
Document Number00A1364236
Instrument DateSep 26, 2019
Transaction TypeMortgage
Record UpdatedOct 08, 2019
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address302 E SHERIDAN ST ELY MN 557311454, ELY, MN 55731-1454

Mortgage

Document Number00A1364236
DateSep 26, 2019
InstrumentA1364236
Lender
NameMISCELLANEOUS GOVT AGCY
Agreement
AmountAmount Recorded

February 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address302 E SHERIDAN ST, ELY, MN 55731-1454
Document Number00A1329630
Instrument DateFeb 21, 2018
Transaction TypeMortgage
Record UpdatedJan 12, 2019
Title CompanyLAND TITLE CORPORATION, LAND TITLE INC

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address302 E SHERIDAN ST ELY MN 557311454, ELY, MN 55731-1454

Mortgage

Document Number00A1329630
DateMar 19, 2018
InstrumentA1329630
Lender
NameTWIN CITIES-METRO CERTIFIED DE
TypeConstruction/Development Company
AddressVADNAIS HEIGHTS, MN 55110
Agreement
AmountAmount Recorded
Term240 Months
DueMar 18, 2038

February 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address302 E SHERIDAN ST, ELY, MN 55731-1454
Document Number00A1329635
Instrument DateFeb 21, 2018
Transaction TypeMortgage
Record UpdatedApr 11, 2018
Title CompanyLAND TITLE CORPORATION, LAND TITLE INC

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address302 E SHERIDAN ST ELY MN 557311454, ELY, MN 55731-1454

Mortgage

Document Number00A1329635
DateMar 19, 2018
InstrumentA1329635
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
AmountAmount Recorded
Term120 Months
DueMar 18, 2028

November 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionST LOUIS MN
Recording DateNov 17, 2017
Property Address302 E SHERIDAN ST, ELY, MN 55731-1454
Document Number00A1322455
Instrument DateNov 09, 2017
InstrumentA1322455
Transaction TypeTransfer
Record UpdatedNov 29, 2017
Title CompanyNORTHEAST TITLE AGENCY INC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$957.00
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address3109 HENNEPIN AVE MINNEAPOLIS MN 554082620, MINNEAPOLIS, MN 55408-2620

Mortgage

Document NumberA1322456
DateNov 17, 2017
InstrumentA1322456
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
TypeLine of Credit
AmountAmount Recorded
Term120 Months
DueNov 16, 2027
Interest
Rate TypeAdjustable Rate

Mortgage

Document NumberA1322457,
DateNov 17, 2017
InstrumentA1322457
Lender
NameFRANDSEN BK&TR
TypeBank
AddressELY, MN 55731
Agreement
TypeLine of Credit
AmountAmount Recorded
Term240 Months
DueNov 16, 2037
Interest
Rate TypeAdjustable Rate

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$10,904.00 (+1.47%)
2025$10,746.00 (+7.72%)$360,800 (+7.83%) Land $179,800 Building $181,000$360,800 (+7.83%) Land $179,800 Building $181,000
2024$9,976.00 (+4.16%)$334,600 (+19.67%) Land $171,300 Building $163,300$334,600 (+19.67%) Land $171,300 Building $163,300
2023$9,578.00
2022$279,600 (-) Land $155,700 Building $123,900$279,600 (-) Land $155,700 Building $123,900
2021$279,600 Land $155,700 Building $123,900$279,600 Land $155,700 Building $123,900

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