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244 Sheridan St

Ely, MN 55731

2 bd 1 ba 1,525 sqft Built 1938 Lot 6,098 sqft single_family
Most recent sale
$194,000
Oct 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 26, 2024 Sold $225,000 LakeSuperiorAreaRealtors
Apr 13, 2024 Listed $223,500 LakeSuperiorAreaRealtors
Oct 25, 2022 Sold $194,000 MLS #6104829
Aug 9, 2022 Listed $189,000 MLS #6104829
Dec 31, 2014 Sold $90,000 Public Record
Nov 5, 2004 Sold $92,000 Public Record
Oct 17, 2003 Sold $62,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $129,300 $22,700 $152,000 $3,882
2023 $87,300 $18,300 $105,600 $2,940
2022 $72,800 $16,700 $89,500 $2,562
2021 $64,500 $16,700 $81,200 $2,506
2020 $64,500 $16,700 $81,200 $2,314
2019 $64,500 $16,700 $81,200 $2,222
2018 $63,500 $16,700 $80,200 $2,160
2017 $54,000 $23,500 $77,500 $2,636
2016 $52,500 $21,400 $73,900 $2,846
2015 $58,500 $23,800 $82,300 $2,724
2014 $54,000 $23,800 $77,800 $2,754
2013 $54,000 $23,800 $77,800 $2,819
2012 $54,000 $23,800 $77,800 $2,729
2011 $54,500 $23,800 $78,300 $2,477
2010 $60,600 $27,400 $88,000 $2,534
2009 $60,600 $27,400 $88,000 $2,523
2008 $60,600 $27,400 $88,000 $2,671
2007 $55,100 $27,400 $82,500 $2,557

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,525 sqft
Lot size
6,098 sqft
ZIP code
55731
City
Ely
Street
Sheridan St
Coordinates
47.90302, -91.87117

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,288
Gross rental yield
14.15%
Implied cap rate
9.20%
Trend-extrapolated value

Frequently asked questions

When did 244 Sheridan St last sell?
244 Sheridan St most recently sold on Oct 25, 2022 for $194,000.
What is the current tax assessment for 244 Sheridan St?
The most recent total assessment for 244 Sheridan St (year 2025) is $152,000 with $3,882 in property tax.
How does 244 Sheridan St's assessment compare to its last sale price?
The current assessment is 21.6% below the last sale price of $194,000.
When was 244 Sheridan St built?
244 Sheridan St was built in 1938.
How does 244 Sheridan St compare to others on Sheridan St?
We track 8 other properties on Sheridan St. Browse the list under "Other properties on Sheridan St" to compare beds, baths, and sale history.
What are the property facts for 244 Sheridan St?
244 Sheridan St is a 2 bed, 1 bath, 1,525 sqft, 6,098 sqft lot single_family.
Is 244 Sheridan St a flip candidate?
No — 244 Sheridan St does not appear in our flips dataset.
Is 244 Sheridan St a tax-appeal candidate?
No — 244 Sheridan St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.6%
2026 Q3
$281.9K
2026 Q4
$278.4K
ZIP 55731 — Median Price History + Forecast

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