NOT LISTED FOR SALE

1156 Lagoon Rd Tower, MN 55790

Estimated Value: $507,000 - $819,000

3 Beds
3 Baths
2,925 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $306,000 $105 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,663/month

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of December 2015

Lake Vermilion-Spacious Yr Round Home W/Panoramic Island Studded Views Set On 1.5 Acres & 80 Ft South Facing Shoreline, close to town, golf, dining. Built 2002, 3120 SF, 3BR/3BTH home w/2 stall garage. Prow front great rm w/natural light pouring in floor-ceiling glass, stone firepl, 2 glass doors open to lakefront deck. Spacious stainless kitchen w/laundry closet & center island open to great rm w/gorgeous lake view. Huge main flr master suite w/giant WIC, whirlpool, 2 sinks, shower. Main flr den potential 4th BR. Economical propane heat, air cond, air exchanger. Beautifully finished walkout lower level offers enormous family rm w/slate bar area, 2 glass doors open to lakefront patio; 2 lg bedrms, each w/lg closets; full bath. Outdoor wood-fired sauna. New dock. Addl acre behind home included. Compliant septic. Great year round home or summer nest for a snow bird!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 11/09/2015

Last Buyer's Agent

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 11/09/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,776

Year Built

  • Built in 2002

Lot Details

  • 1.5 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,925 Sq Ft Home
  • Bi-Level Home
  • Gas Log Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Washer
  • Gas Dryer

Basement

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

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 387-0335-00220,0010-03832

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,776

Year Built

Built in 2002

Lot Details

1.5 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas, Electric, Forced Air, Baseboard
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 2
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 3
  • Parcel Code Number: 387-0335-00220,0010-03832
  • Patioporch: Deck, Patio, Covered
  • Percent Of Bsmnt Finished: 95
  • Real Estate Tax: 2776
  • Style: One Story, Bi-Level
  • Type: Residential
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2925
  • Bedroom 1: Size: 17x14, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Dishwasher, Garage Opener, Hood, Microwave, Refrigerator, Washer, Gas Dryer, Gas Range
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 13x10, On Level: Lower
  • Bedroom 3: Bedroom 3, Size: 14x12, On Level: Lower
  • Dining Room: Size: 17x10, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 20x11, On Level: Main
  • Living Room: Size: 18x16, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Office, Size: 14x10, On Level: Main
  • Rec Room: Size: 30x17, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24x24

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Gas

Lot Info

  • Lot Size: Dimensions: 226x80
  • Number Of Acres: 1.5
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Dec 11, 2015
Sold by
Backstrom Richard Parker and Backstrom Lynsie K
Bought by
Mccarter James J and Mccarter Erin K
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Lisa Janisch
Janisch Realty Inc
Sold Price
$306,000
Current Estimated Value
$646,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,000
Avg. Annual Appreciation
7.61%
Original Mortgage
$244,800
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Backstrom Richard Parker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2008
Sold by
Mortgage Electronic Registration Systems
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Jan 17, 2008
Sold by
Schaefbauer Paula J
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Oct 28, 2004
Sold by
Schaefbauer Thomas M
Bought by
Schaefbauer Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
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
Mccarter James J $306,000 All American Title Co Inc
Backstrom Richard Parker $309,000 None Available
Deutsche Bank National Trust Co -- None Available
Mortgage Electronic Registration Systems $341,550 None Available
Schaefbauer Paula J -- St Louis Co Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarter James J $244,800
Previous Owner Backstrom Richard Parker $165,000
Previous Owner Schaefbauer Paula J $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $306,000 -- $105 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
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 $4,014 $540,400 $93,100 $447,300
2023 $4,014 $534,000 $92,500 $441,500
2022 $3,350 $473,600 $85,300 $388,300
2021 $3,116 $361,300 $71,500 $289,800
2020 $2,718 $336,000 $71,500 $264,500
2019 $2,612 $298,700 $71,500 $227,200
2018 $2,418 $294,600 $67,400 $227,200
2017 $2,576 $272,900 $67,400 $205,500
2016 $2,634 $294,400 $71,800 $222,600
2015 $2,834 $285,300 $76,300 $209,000
2014 $2,834 $285,300 $76,300 $209,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 126490

Range Association of REALTORS®

APN: 387033500220

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