Lake County property record for 507 Circle Dr, Ely, MN 55731 · Last verified August 2026
| Property Type | Residential > Single Family > Home |
|---|---|
| Bedrooms | 3 Beds |
| Bathrooms | 2 Baths |
| Year Built | Built 2005 |
| Square Footage | 1,880 sqft Gross Area |
| Lot Size | 204,732 sqft (4.7 acres) |
| Garage | 864 sqft |
| Last Sale | $240,000 (2016) |
| Tax Bill | $2,030.00 (2025) |
| Primary APN | 28-6369-04070 |
|---|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 2 Baths |
| Building Area | 1,880 sqft Gross Area |
| 1st Floor | 1,880 sqft 1st Floor |
| Stories | 1 Stories |
| Primary Flooring | Vinyl/Resilient Flooring |
| Interior Structure | Vinyl Panel/Coating Interior Structure |
| Fireplace | Fireplace |
| Fireplaces | 1 Fireplaces |
| Year Built | Built 2000 |
|---|---|
| Effective Year Built | Effective 2005 |
| Architectural Style | Ranch Style |
| Exterior Material | Vinyl Exterior |
| Construction Type | Wood Construction |
| Roof Material | Wood Roof |
| Lot Area | 204,732 sqft (4.7 acres) |
| Parking Spaces | 3 Parking Spaces |
| Garage Area | 864 sqft Garage |
| Pool Type | Pool with Hot Tub/Spa Pool Type |
|---|---|
| Deck Area | 192 sqft Deck |
| Porch Area | 112 sqft Porch |
| Sauna | Sauna |
| Cooling System | Central Cooling |
|---|---|
| Heating System | HVAC Heating |
| Heating Fuel | Gas Heating Fuel |
| Street Address | 507 CIRCLE DR |
|---|---|
| City | ELY |
| State | MN |
| Zip | 55731-8241 |
| Property Usage | Residential Property Usage |
| Type | Residential > Single Family > Home |
| Legal Description | LOT 7 BLOCK 4 |
| Legal Range | 11W |
| Legal Township | 63N |
| Legal Section | 16 |
| Legal Subdivision | AUDITORS PLAT 19 |
| Legal Block | 4 |
| Legal Lot Number | 7 |
| Jurisdiction | LAKE MN |
| Minor Civil Division | FALL LAKE |
| Census Blockgroup | 1 |
| Census Block | 1144 |
| Census Tract | 370101 |
Source: Lake County records · APN 28-6369-04070
Assessment roll updated August 6, 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 Record | 2 Individual Names on File |
|---|---|
| Mailing Address | PO BOX 626, ELY, MN 55731-0626 |
| Owner Type | Owner is an Individual, Couple or Unincorporated Entity |
| Deed Names | 2 Verified Names on Deed |
|---|---|
| Last Sale | Feb 23, 2016 · Amount on Record |
| Deed Sale | Feb 23, 2016 · Amount on Record |
| Deed Doc Number | 2016184675 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LAKE MN |
| Property Address | 507 CIRCLE DR, ELY, MN 55731-8241 |
| Transaction Type | Mortgage |
| Record Updated | Aug 15, 2022 |
| Name | Verified Name |
|---|
| Document Number | A000187045 |
|---|---|
| Date | Feb 21, 2017 |
| Instrument | A000187045 |
| Name | FRANDSEN BANK & TRUST |
|---|---|
| Type | Bank |
| Address | ELY, MN 55731 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 60 Months |
| Due | Feb 25, 2022 |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly (Revolving credit lines are monthly unless stated otherwise). |
Source: Lake County records · Assessment roll updated August 6, 2026 · Last verified August 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Lake County |
| County Subdivision | Fall Lake Township |
| Unified School District | Lake Superior Public School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $394,400 (+4.17%) Land $72,200 Building $322,200 | $394,400 (+4.17%) Land $72,200 Building $322,200 | |
| 2025 | $2,030.00 | ||
| 2023 | $378,600 Land $61,700 Building $316,900 | $378,600 Land $61,700 Building $316,900 |
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