303 E Sheridan St, Ely, MN 55731 Property Records

St. Louis County property record for 303 E Sheridan St, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail
Year BuiltBuilt 1995
Square Footage18,125 sqft Gross Area
Lot Size18,906 sqft (0.434 acres)
Tax Bill$20,002.00 (2026)

Property Details

APN / Parcel Number

Primary APN030-0370-00010
Alternative APN
  • 1121929

Interior

Building Area18,125 sqft Gross Area
1st Floor18,125 sqft 1st Floor
Basement Area4,350 sqft Basement
Fire SprinklersThe property is equipped with a fire-suppression sprinkler system

Exterior

Year BuiltBuilt 1983
Effective Year BuiltEffective 1995
Exterior MaterialMetal Exterior
Lot Area18,906 sqft (0.434 acres)

Utilities and HVAC

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

Location & Zoning

Account Number1121929
Street Address303 E SHERIDAN ST
CityELY
StateMN
Zip55731-1453
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionLOTS 1 THRU 6 INC PART OF VAC ALLEY ADJ SERIAL #
Legal SubdivisionWHITESIDES ADDITION TO ELY
Legal Block1
Legal Lot Number1-6
JurisdictionST LOUIS MN
Minor Civil DivisionELY
Census Blockgroup2
Census Block2001
Census Tract15300

Owner

Source: St. Louis County records · APN 030-0370-00010

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 Address2043 NORTH DR, ELY, MN 55731-8281
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
May 02, 2023Deed of Trust, Mortgage
ELY ECONOMIC DEVELOPMENT AUTHORITY COMME
Dec 09, 2021Warranty Deed, Transfer · Stand Alone First Mortgage
BOUNDARY WATERS BANK
Jun 03, 2019Grant Deed, Mortgage
BOUNDARY WATERS ST BK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleApr 06, 2007
Deed SaleApr 06, 2007
Deed Doc Number20071047795
Record RefreshedSep 20, 2026

May 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionST LOUIS MN
Property Address303 E SHERIDAN ST, ELY, MN 55731-1453
Transaction TypeMortgage
Record UpdatedJun 13, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0001465818
DateMay 02, 2023
Instrument1465818
Lender
NameELY ECONOMIC DEVELOPMENT AUTHORITY COMME
TypeGovernment Agency
Agreement
AmountAmount Recorded
Term73 Months
DueJun 01, 2029

December 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionST LOUIS MN
Recording DateDec 09, 2021
Property Address303 E SHERIDAN ST, ELY, MN 55731-1453
Document Number0001432171
Instrument DateNov 17, 2021
Instrument1432171
Transaction TypeTransfer
Record UpdatedAug 15, 2022
Title CompanyNORTHEAST TITLE COMPANY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$3,630.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2045 NORTH DR, ELY, MN 55731-8281

Mortgage

Document Number0001432172
DateDec 09, 2021
Instrument1432172
Lender
NameBOUNDARY WATERS BANK
TypeBank
Agreement
TypeStand Alone First Mortgage
AmountAmount Recorded
Term239 Months
DueNov 17, 2041

Mortgage

Document Number0001432174
DateDec 09, 2021
Instrument1432174
Lender
NameZUPANICH BROS INC
TypeNon-Lending Institution
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

June 2019: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionST LOUIS MN
Recording DateJun 03, 2019
Property Address303 E SHERIDAN ST, ELY, MN 55731-1453
Instrument DateMay 30, 2019
InstrumentA1355791
Transaction TypeMortgage
Record UpdatedJun 18, 2019
Title CompanyNOT AVAILABLE

Transaction

Tax$0.00
Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

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

Mortgage

Document Number00A1355791
DateJun 03, 2019
InstrumentA1355791
Lender
NameBOUNDARY WATERS ST BK
TypeBank
Address601 E SHERIDAN ST, ELY, MN 55731-1631
Agreement
AmountAmount Recorded
Term60 Months
DueJun 02, 2024

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$20,002.00 (+4.84%)
2025$19,078.00 (+2.63%)$621,100 (+11.77%) Land $35,100 Building $586,000$621,100 (+11.77%) Land $35,100 Building $586,000
2024$18,590.00$555,700 (+41.29%) Land $31,300 Building $524,400$555,700 (+41.29%) Land $31,300 Building $524,400
2022$393,300 Land $27,000 Building $366,300$393,300 Land $27,000 Building $366,300

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