NOT LISTED FOR SALE

1492 E Mallard Dr Tower, MN 55790

Estimated Value: $426,000 - $592,000

2 Beds
1 Bath
624 Sq Ft
$773/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2023

Last sale price $425,000 $681 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,863 / mo

2 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Bay View
  • Docks
  • Sauna
  • Deck

About This Home

As of May 2023

Cabin in the soaring pine features two bedrooms, one bath, free standing wood-burning fireplace, and a 11 x 33 covered deck overlooking the sparkling waters of Lake Vermilion. Additional features include a 10x16 sauna, 8x8 storage building, and a metal roll-out dock. The site features 3.67 acres and 101 feet of lakeshore. The property is located within a short distance of hiking and biking trails in the nearby Vermilion State Park, snowmobile trails, local public beaches, Fortune Bay Golf Course and Casino, and local shopping. The sale will include a new holding tank.

Last Agent to Sell the Property

Steve Aberhamson

Vermilion Land Office, Inc Listed on: 04/27/2023

Last Buyer's Agent

Barbara Hegg

Vermilion Land Office, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,881

Year Built

  • Built in 1974

Lot Details

  • 3.67 Acre Lot
  • Lot Dimensions are 560x200
  • Private Waterfront
  • 101 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Level Lot
  • Irregular Lot
  • Landscaped with Trees

Property Views

  • Bay
  • Lake

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 624 Sq Ft Home
  • Free Standing Fireplace
  • Living Room
  • Open Floorplan
  • Sauna
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Storage Shed

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Wood
  • Private Water Source
  • Electric Water Heater
  • Sewer Holding Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 270-0020-02965

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,881

Year Built

Built in 1974

Lot Details

3.67 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 169 to Tower, left on Cedar Street, left on Hoodoo Point Road, follow to Mallard Drive East, turn north and follow to property address.
  • Waterfront Info Lake Maximum Depth: 76
  • L O1 Office Phone1 Number: 218-753-8985
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Public
  • ShorelineCharacteristics: Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Twp Number: 62
  • View Type:Pond View: Bay, Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Sauna
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 624
  • Garage Type: None
  • Heat: Fireplace, Space/Wall Heater, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1974
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Refrigerator, Range/Stove
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 624
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 39272.5
  • Out Buildings: Sauna, Storage Shed
  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 101
  • Waterfront Name: Vermilion
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Lake Country Power
  • Sewer: Holding Tank
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 560x200
  • Estimated Number of Acres: 3.67
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium, Level
  • Parcel Number: 270-0020-02965
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2881

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 26, 2023
Sold by
Bought by
Seller's Agent
Steve Aberhamson
Vermilion Land Office, Inc
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc
List Price
$425,000
Sold Price
$425,000
Views
10
Current Estimated Value
$482,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,361
Avg. Annual Appreciation
4.14%
Original Mortgage
$300,000
Outstanding Balance
$261,080
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$221,281

Purchase Details

Closed on
Sep 30, 2022
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2016
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 All American Title
$90,000 --
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $425,000 0.0% $681 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $425,000 -- $681 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,276 $253,200 $180,100 $73,100
2023 $2,986 $231,600 $166,500 $65,100
2022 $2,920 $234,100 $169,000 $65,100
2021 $2,880 $200,600 $146,200 $54,400
2020 $3,072 $200,600 $146,200 $54,400
2019 $2,794 $211,300 $149,400 $61,900
2018 $2,760 $198,400 $136,500 $61,900
2017 $2,754 $192,500 $136,600 $55,900
2016 $2,742 $192,500 $136,600 $55,900
2014 $3,036 $197,900 $136,600 $61,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steve Aberhamson

    Vermilion Land Office, Inc

    (218) 780-4769

    25 Total Sales

    Steve Aberhamson
    Section Image
  • Barbara Hegg

    Buyer's Agent in 2023

    Barbara Hegg

    Vermilion Land Office, Inc

    (218) 742-2369

    180 Total Sales

    Barbara Hegg
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6107708

APN: 270002002965

Minnesota St Louis County Tower 55790

1492 E Mallard Dr, Tower, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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