NOT LISTED FOR SALE

1055 Manitou Park Rd Tower, MN 55790

Estimated Value: $513,000 - $581,000

3 Beds
1.5 Baths
1,490 Sq Ft
$367/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $390,000 $262 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,108/month

147 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Enclosed Patio or Porch
  • 1-Story Property
  • Baseboard Heating

About This Home

As of September 2020

Pike Bay listing on Lake Vermilion. 3 bedrooms, 1 1/4 baths, sauna, 2+ stall garage. Highlights are wonderful with an elevated view of the bay from a beautifully updated 3 season porch. Patio below allows comfortable days or nights protected from the weather. Stone faced kitchen walls create standout surroundings in large open concept kitchen, dining area flowing into the living room with stone fireplace to warm you on those cool evenings. Modern gas forced air furnace along with heat pump, and electric base board heat. Kuuma wood stove to boot if needed. Yard offers apple trees, balsam, birch, maple and large pines to create the perfect Minnesota lake property. Minutes from Tower, Y store and Fortune Bay casino and golf. Long dock, included, to put you on the walleyes whenever you want. Great views, sandy swimming area for the kids and adults. This is a property you'll want to see!

Last Agent to Sell the Property

Jerry Pfremmer

Pfremmer Realty License #40239565 Listed on: 03/13/2020

Last Buyer's Agent

Sherry Zupancich Anderson

Vermilion Land Office Inc License #40026207

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.58 Acre Lot
  • Irregular Lot
  • Property is zoned SMU11

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,490 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 387-0260-00220

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.58 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Electric, Forced Air, Baseboard
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: .5
  • Lower Level Bedrooms: 1
  • Lvt Date: 03/13/2020
  • Main Level Bathrooms: .75
  • Number Of Bedrooms: 3
  • Parcel Code Number: 387-0260-00220
  • Patioporch: Deck, Patio, Covered, Enclosed, Screened
  • Percent Of Bsmnt Finished: 40
  • Real Estate Tax: $2,756.00
  • Style: One Story
  • Type: Residential
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1490
  • Bedroom 1: Size: 9.6 x 11, On Level: Main
  • Total Bathrooms: 1.25
  • Appliances: Dishwasher, Electric Range, Hood, Microwave, Refrigerator
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 7 x 12, On Level: Main
  • Bedroom 3: Size: 10 x 11, On Level: Lower
  • Dining Room: Size: comb/liv, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 12 x 16, On Level: Main
  • Living Room: Size: 15 x 22, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: 3 Season, Size: 9.6 x 27, On Level: Main
  • Other Room 3: Laundry, Size: 6 x 9, On Level: Lower

Exterior Features

  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 24 x 28

Utilities

  • Cooling: Central
  • Water Heater: Gas

Lot Info

  • Lot Size: Dimensions: 270x132
  • Number Of Acres: 0.58
  • Zoning: SMU11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Sep 14, 2020
Sold by
Summers Lyle Roger and Summers Carole J
Bought by
Fischer Mark and Fischer Laurie
Seller's Agent
Jerry Pfremmer
Pfremmer Realty
Buyer's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%
Current Estimated Value
$546,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,410
Avg. Annual Appreciation
6.42%
Original Mortgage
$312,000
Outstanding Balance
$276,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$270,160

Purchase Details

Closed on
Oct 10, 2006
Sold by
Loushin Michael K and Loushin Ann M
Bought by
Summers Lyle Roger and Summers Carole J

Purchase Details

Closed on
May 26, 2005
Sold by
Viitala Everett M
Bought by
Loushin Michael K and Loushin Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fischer Mark $390,000 Up North Title Inc
Summers Lyle Roger $340,000 Rels
Loushin Michael K $300,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Mark $312,000
Previous Owner Loushin Michael K $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $390,000 -10.3% $262 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $435,000 -- $292 / Sq Ft
Source: Range Association of REALTORS®

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 $3,520 $417,800 $137,300 $280,500
2023 $3,520 $413,400 $136,300 $277,100
2022 $2,976 $367,100 $123,500 $243,600
2021 $2,686 $280,900 $99,100 $181,800
2020 $2,812 $253,000 $99,100 $153,900
2019 $2,756 $265,700 $99,100 $166,600
2018 $2,632 $260,300 $93,700 $166,600
2017 $2,966 $244,400 $93,800 $150,600
2016 $3,038 $281,900 $110,100 $171,800
2015 $3,409 $280,300 $119,500 $160,800
2014 $3,409 $280,300 $119,500 $160,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jerry Pfremmer

    Pfremmer Realty

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Map

Source: Range Association of REALTORS®

MLS Number: 139033

Range Association of REALTORS®

APN: 387026000220

Minnesota St Louis County Tower 55790

1055 Manitou Park Rd, Tower, MN

Not Listed for Sale

Detached

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