517 E Sheridan St, Ely, MN 55731 Property Records

St. Louis County property record for 517 E Sheridan St, Ely, MN 55731 · Last verified August 2026

Property Highlights

Property Type	Commercial > Retail
Year Built	Built 1984
Square Footage	1,512 sqft Gross Area
Lot Size	3,127 sqft (0.071 acres)
Garage	672 sqft
Last Sale	$85,000 (2022)
Tax Bill	$2,308.00 (2026)

Property Details

APN / Parcel Number

Primary APN	`030-0370-00580`
Alternative APN	`1085788`

Interior

Building Area	1,512 sqft Gross Area
1st Floor	1,111 sqft 1st Floor
Basement Area	1,020 sqft Basement
Stories	1 Stories
Fire Sprinklers	The property is equipped with a fire-suppression sprinkler system

Exterior

Year Built	Built 1910
Effective Year Built	Effective 1984
Lot Area	3,127 sqft (0.071 acres)
Garage Area	672 sqft Garage
Canopy Area	150 sqft Canopy

Utilities and HVAC

Heating System	Hot Water Heating

Location & Zoning

Account Number	1085788
Street Address	517 E SHERIDAN ST
City	ELY
State	MN
Zip	55731-1457
Property Usage	Commercial Property Usage
Type	Commercial > Retail
Legal Description	ELY 1/2 OF LOT 4 AND ALL OF LOT 5 SERIAL #
Legal Subdivision	WHITESIDES ADDITION TO ELY
Legal Block	6
Legal Lot Number	4-5
Jurisdiction	ST LOUIS MN
Minor Civil Division	ELY
Census Blockgroup	4
Census Block	4004
Census Tract	15300

Owner

Source: St. Louis County records · APN 030-0370-00580

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 Record	Company Name on File
Mailing Address	PO BOX 731, ELY, MN 55731-0731
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 31, 2022	Deed, Transfer · Line of Credit FRANDSEN BANK & TRUST
Oct 10, 2017	Warranty Deed, Transfer NORTHEAST TITLE COMPANY
Oct 10, 2017	Warranty Deed, Transfer NORTHEAST TITLE COMPANY

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Mar 31, 2022 · Amount on Record
Deed Sale	Mar 31, 2022 · Amount on Record
Prior Sale	Oct 10, 2017 · Amount on Record
Deed Doc Number	20221440239
Record Refreshed	Sep 20, 2026

March 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	ST LOUIS MN
Recording Date	Mar 31, 2022
Property Address	517 E SHERIDAN ST, ELY, MN 55731-1457
Document Number	0001440239
Instrument Date	Mar 18, 2022
Instrument	1440239
Transaction Type	Transfer
Record Updated	Apr 25, 2022
Title Company	NORTHEAST TITLE COMPANY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$280.50
Amount Accuracy	Rounded Values by County
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 731, ELY, MN 55731-0731

Mortgage

Document Number	0001440240
Date	Mar 31, 2022
Instrument	1440240

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	61 Months
Due	Apr 15, 2027

October 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ST LOUIS MN
Recording Date	Oct 10, 2017
Property Address	517 E SHERIDAN ST, ELY, MN 55731-1457
Document Number	00A1319617
Instrument Date	Oct 06, 2017
Instrument	A1319617
Transaction Type	Transfer
Record Updated	Oct 26, 2017
Title Company	NORTHEAST TITLE COMPANY

Transaction

Amount	Amount Recorded
Tax	$221.00
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenant/Joint Tenant w/ Right Of Survivorship
Address	517 E SHERIDAN ST ELY MN 557311457, ELY, MN 55731-1457

October 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	ST LOUIS MN
Recording Date	Oct 10, 2017
Property Address	517 E SHERIDAN ST, ELY, MN 55731-1457
Document Number	00A1319618
Instrument Date	Oct 05, 2017
Instrument	A1319618
Transaction Type	Transfer
Record Updated	Oct 26, 2017
Title Company	NORTHEAST TITLE COMPANY

Transaction

Amount	Amount Recorded
Tax	$230.00
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Personal Trust
Address	15091 OAK MEADOW RD PENN VALLEY CA 959469363, PENN VALLEY, CA 95946-9363

Tax Assessment & Valuation

Source: St. Louis County records · Assessment roll updated August 17, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	St. Louis County
Municipality	Ely City
Unified School District	Ely 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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$2,308.00 (+5.39%)
2025	$2,190.00 (+3.4%)	$98,700 (+13.71%) Land $22,200 Building $76,500	$98,700 (+13.71%) Land $22,200 Building $76,500
2024	$2,118.00	$86,800 (+22.25%) Land $21,100 Building $65,700	$86,800 (+22.25%) Land $21,100 Building $65,700
2022		$71,000 Land $19,000 Building $52,000	$71,000 Land $19,000 Building $52,000

517 E Sheridan St, Ely, MN 55731 Property Records

Property Highlights

Property Details

APN / Parcel Number

Interior

Exterior

Utilities and HVAC

Location & Zoning

Owner

Deeds, Mortgages & Sale History

Assessor's Deed Record

March 2022: Deed, Transfer

Transaction

Transferred From (Grantor/Seller)

Transferred To (Grantee/Buyer)

Mortgage

Lender

Agreement

October 2017: Warranty Deed, Transfer

Transaction

Transferred From (Grantor/Seller)

Transferred To (Grantee/Buyer)

October 2017: Warranty Deed, Transfer

Transaction

Transferred From (Grantor/Seller)

Transferred To (Grantee/Buyer)

Tax Assessment & Valuation

Property Jurisdictions

Tax Bill & Assessment History

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