$159,900
PENDING

1229 E Sheridan St Ely, MN 55731

Estimated payment $1,075/month

Total Views 721
2 Beds
1.5 Baths
1,012 Sq Ft
$158 Price per Sq Ft

About This Home

Welcome to The Blue Moose, a charming and well-maintained 2 Bedroom, 1 Bath home, ideally located on Sheridan Street, Ely's vibrant main street. This licensed, turnkey short-term rental offers a proven and growing rental history, making it a fantastic investment or personal getaway. Inside you'll find warm wood accents, classic tin ceilings, and a blend of laminate and wood flooring that create a cozy, inviting atmosphere. The home features spacious front and back entry areas, adding both convenience and functionality. Recent updates include: new shingles on both the home and garage, freshly painted garage, updated appliances, new furnishings(included in the sale), egress window in the upper level, and mini split air conditioner system. Step outside to enjoy a private picnic area with privacy panels, perfect for relaxing or entertaining guests. The property also includes a two stall detached garage. Additional highlights: Fully furnished and move-in ready, Licensed short term rental with rental history available, compliant sewer system, prime location within walking distance to Ely's shops, dining, and outdoor attractions. Whether you're looking for an income producing property or a Northwoods retreat, The Blue Moose offers an unbeatable location and turnkey convenience. iBlue Moose Ely, Minnesota will access the current website.

Listing Agent

Trish Bulinski

Bear Island Realty LLC Brokerage Phone: Listed on: 04/07/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,655

Year Built

  • Built in 1935

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50 x 110

Parking

  • 2

Interior Spaces

  • 1,012 Sq Ft Home
  • 2-Story Property
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 030-0352-00350

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,655

Year Built

Built in 1935

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Directions: Follow Sheridan to Address, and sign.
  • Tax Year: 2026
  • Reso Roof: Asphalt Shingle
  • Year Built: 1935
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Lot Size: 50 x 110
  • Road Frontage Type: Curbs, Paved Road, State Road, Street Lights
  • Co List Office Mls Id: LSA31750
  • Above Grade Finished Sq Ft: 1012
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Disclosures: Disc./Condition Report, LBP Disclosure
  • Construction Type: Fiber Board
  • Foundation Details: Poured Concrete

Utilities

  • Sewer: Public Sewer
  • Cooling: Ductless Mini-Split
  • Water Source: City

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Development Status: Previously Owned
  • Parcel Number: 030-0352-00350

Tax Info

  • Tax Annual Amount: 2655

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,782 $109,600 $18,600 $91,000
2023 $2,782 $102,600 $18,600 $84,000
2022 $2,588 $54,400 $16,100 $38,300
2021 $1,720 $54,400 $16,100 $38,300
2020 $1,584 $54,400 $16,100 $38,300
2019 $1,556 $54,400 $16,100 $38,300
2018 $1,536 $54,400 $16,100 $38,300
2017 $1,954 $54,000 $22,400 $31,600
2016 $2,220 $54,000 $22,400 $31,600
2014 $2,403 $67,500 $26,300 $41,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2026 04/10/26 Pending -- -- --
04/07/2026 04/07/26 For Sale $159,900 -- $158 / Sq Ft
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Trenti Law Firm
Quit Claim Deed $500 None Listed On Document
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6124367

APN: 030035200350

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