NOT LISTED FOR SALE

1108 Lagoon Rd Tower, MN 55790

Estimated Value: $580,000 - $686,000

2 Beds
1.5 Baths
2,294 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $555,000 $242 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,649/month

94 Days on Market

Highlights

  • Deck
  • Porch
  • 1-Story Property
  • Multiple Fireplaces
  • Screened Patio
  • Forced Air Heating System

About This Home

As of May 2023

Lake Vermilion year round home on large lake lot with 225' of frontage and 1.5 acres. This spacious 2 bedroom home features over 2,000 of living space and has many updates including large master bedroom suite with large bath with separate tub and shower, walk-in closet and views of Lake Vermilion. Other features include updated kitchen, enclosed porch, several rec rooms for even more sleeping room, a large mud/work room, sauna and laundry on the main floor and several fireplaces. Also includes attached garage, boathouse, well and septic system. Close to Tower and paved road.

Last Agent to Sell the Property

Julia Maki

B.I.C. Realty License #40377638 Listed on: 01/18/2023

Last Buyer's Agent

Julia Maki

B.I.C. Realty License #40377638 Listed on: 01/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,262

Year Built

  • Built in 1970

Lot Details

  • 1.5 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,294 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 387-0330-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,262

Year Built

Built in 1970

Lot Details

1.5 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Gas, Electric, Forced Air
  • Irregular Lot Size: Yes
  • Lvt Date: 01/18/2023
  • Main Level Bathrooms: 1.5
  • Number Of Bedrooms: 2
  • Parcel Code Number: 387-0330-00060
  • Patioporch: Deck, Porch, Screened
  • Real Estate Tax: 3262
  • Style: One Story
  • Type: Residential
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2294
  • Bedroom 1: Size: 14x16, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Block, Full
  • Dining Room: Size: 10x8, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Wood Burning
  • Kitchen: Size: 14x14, On Level: Main
  • Living Room: Size: 20x16, On Level: Main
  • Main Level Bedrooms: 2
  • Rec Room: Size: 14x16, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24x30

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 270x230
  • Number Of Acres: 1.5
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
May 26, 2023
Sold by
Nelson Brian Christopher and Nelson Dana Lee
Bought by
Lanyk Cameron C and Lanyk Susan M
Seller's Agent
Julia Maki
B.I.C. Realty
Buyer's Agent
Julia Maki
B.I.C. Realty
List Price
$615,000
Sold Price
$555,000
Premium/Discount to List
-$60,000
-9.76%
Views
80
Current Estimated Value
$643,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,390
Avg. Annual Appreciation
5.58%
Original Mortgage
$444,000
Outstanding Balance
$397,422
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$245,968
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
Lanyk Cameron C $555,000 All American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanyk Cameron C $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2023 05/30/23 Sold $555,000 0.0% $242 / Sq Ft View Prior Sale
05/30/2023 05/30/23 Sold $555,000 -6.7% $242 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $595,000 -3.3% $259 / Sq Ft
01/18/2023 01/18/23 For Sale $615,000 +3.4% $268 / Sq Ft
06/15/2022 06/15/22 For Sale $595,000 -- $259 / 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 $4,022 $541,200 $204,500 $336,700
2023 $4,022 $516,900 $202,800 $314,100
2022 $3,262 $458,100 $182,300 $275,800
2021 $3,106 $349,000 $143,200 $205,800
2020 $3,164 $331,100 $143,200 $187,900
2019 $3,020 $339,500 $137,700 $201,800
2018 $2,858 $332,400 $130,600 $201,800
2017 $3,066 $313,200 $130,600 $182,600
2016 $3,134 $340,500 $143,000 $197,500
2015 $3,712 $368,000 $153,900 $214,100
2014 $3,717 $368,000 $153,900 $214,100
Source: Public Records

Agents Affiliated with this Home

  • Julia Maki

    Seller's Agent in 2023

    Julia Maki

    B.I.C. Realty

    (218) 780-0315

    211 Total Sales

    Julia Maki
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Map

Source: Range Association of REALTORS®

MLS Number: 144596

Range Association of REALTORS®

APN: 387033000060

Minnesota St Louis County Tower 55790

1108 Lagoon Rd, Tower, MN

Not Listed for Sale

Detached

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