$194,000
SOLD OCT 6, 2025

232 W Sheridan St Ely, MN 55731

3 Beds
1 Bath
963 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$201 Per Sq Ft

19 Days on Market

Highlights

  • City Lights View
  • Deck
  • Wood Flooring
  • Memorial High School Rated 9+
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2025

Quaint 3BR/1BA home in walking distance to all Ely has to offer. The charming main level features the kitchen, living room, bedroom, full bathroom, dining/rec room with patio doors that lead to the back deck. The beautiful private back yard has rustic charm with a repurposed 16' pallet bar, rock landscaping, plus wood and brick patio. This perfect southfacing gathering space makes it difficult to believe you're on the main street. A portion of what was the garage in past history was transformed into an entertainment space, the rest provides ample storage area. Compliant sewer.

Last Agent to Sell the Property

Trish Bulinski

Bear Island Realty LLC Listed on: 07/02/2025

Last Buyer's Agent

Trish Bulinski

Bear Island Realty LLC Listed on: 07/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1895

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • Property fronts a state road
  • Elevated Lot
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 963 Sq Ft Home
  • Multi-Level Property
  • Mud Room
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • City Lights Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Farming

  • Bunk House

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030-0260-00420

Home Details

Home Type

Single Family

Est. Annual Taxes

$871

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Sheridan west to address & sign.
  • InternetOptions: Satellite
  • L O1 Office Phone1 Number: 218-365-2800
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • View Type:Pond View: City Lights
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 963
  • Garage Type: None
  • Heat: Forced Air, Oil
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1895
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Breakfast Bar, Formal Dining Room
  • Extra Rooms: Mud Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Primary Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 963
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Bunkhouse
  • Road Frontage: State
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Concrete

Utilities

  • Power Company: City Of Ely
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Ely #696

Lot Info

  • Estimated Lot Dimensions: 75 x 125
  • Estimated Number of Acres: 0.22
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Light, High, Level
  • Parcel Number: 030-0260-00420

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Oct 6, 2025
Sold by
Zupancich Michelle
Bought by
Ohara-Frykman Ann M
Seller's Agent
Trish Bulinski
Bear Island Realty LLC
Buyer's Agent
Trish Bulinski
Bear Island Realty LLC
List Price
$194,000
Sold Price
$194,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.44%
Original Mortgage
$155,200
Outstanding Balance
$155,200
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$30,598

Purchase Details

Listed on
Sep 2, 2014
Closed on
Apr 21, 2015
Sold by
Lindsay Ryan M and Lindsay Wendy L
Bought by
Zupancich Michelle
Seller's Agent
Lori Schulze
Wildwoods Land Company
Buyer's Agent
Lori Schulze
Wildwoods Land Company
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$76,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2006
Sold by
Donohue David T
Bought by
Lindsay Ryan M and Lindsay Wendy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,210
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $194,000 Northeast Title
Warranty Deed $85,000 Northeast Title Company
Warranty Deed $66,900 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,200 New Conventional
Previous Owner $76,500 New Conventional
Previous Owner $60,210 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2025 10/06/25 Sold $194,000 0.0% $201 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $194,000 +128.2% $201 / Sq Ft
04/21/2015 04/21/15 Sold $85,000 0.0% $88 / Sq Ft View Prior Sale
03/01/2015 03/01/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $85,000 -- $88 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

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 $896 $117,500 $33,800 $83,700
2023 $896 $111,800 $32,600 $79,200
2022 $840 $102,800 $30,900 $71,900
2021 $824 $88,100 $28,100 $60,000
2020 $726 $81,100 $28,100 $53,000
2019 $726 $81,100 $28,100 $53,000
2018 $592 $80,400 $28,100 $52,300
2017 $598 $72,400 $27,800 $44,600
2016 $600 $68,700 $25,300 $43,400
2015 $2,521 $42,600 $16,900 $25,700
2014 $2,521 $71,000 $28,100 $42,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6120484

APN: 030026000420