NOT LISTED FOR SALE

1522 E Mallard Dr Tower, MN 55790

Estimated Value: $255,708 - $398,000

1.61 Acres
$204,302 Price per Acre
70,132 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $175,000

Est. 86% increase in value since last sale

Current estimated payment $1,903/month

About This Lot

As of November 2017

LAKE VERMILION Hard to find building lot minutes from Downtown Tower. This 1.61 acre parcel has an over size 2 stall garage (24 x 30) with metal roof, separate finished living area with bunk beds and of course electric service. There is a gentle sloping path cleared to the 100 feet of shoreline where you can enjoy 5 mile views of Big Bay. This lot would be perfect for a walk out style cabin or lake home nestled in the mature cedars, birch, pine and ash trees.

Last Agent to Sell the Property

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 10/25/2017

Last Buyer's Agent

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 10/25/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,958

Lot Details

  • 1.61 Acre Lot
  • Lot Dimensions are 1,078 x 100
  • 100 Feet of Lake Waterfront
  • Lake Front

Property Details

Property Type

Land

Est. Annual Taxes

$1,958

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Lvt Date: 06/28/2017
  • Real Estate Tax: 1958
  • Type: Residential
  • Lot Size Length: 1078
  • Lot Size Width: 100
  • Lake Frontage: 100
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Lake Vermilion
  • Waterfront: 1 - Lake

Utilities

  • Utilities: Electricity

Lot Info

  • Number Of Acres: 1.61
  • Zoning: Res
  • Improvements: Drive Way
  • Land Description: Level at driveway with a gentle slope path leading to level lake shore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Nov 17, 2017
Sold by
Toppson William J and Toppson Julie
Bought by
Pratt Robert A
Seller's Agent
Betsy Clark
Northwoods Land Office
Buyer's Agent
Betsy Clark
Northwoods Land Office
Sold Price
$175,000
Current Estimated Value
$325,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,522
Avg. Annual Appreciation
8.01%
Original Mortgage
$160,000
Interest Rate
3.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pratt Robert A $175,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pratt Robert A $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $175,000 -- --
10/25/2017 10/25/17 Pending -- -- --
Source: Range Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,552 $215,900 $172,300 $43,600
2023 $2,552 $198,000 $159,200 $38,800
2022 $2,472 $198,000 $159,200 $38,800
2021 $2,438 $169,700 $137,200 $32,500
2020 $2,274 $169,700 $137,200 $32,500
2019 $1,948 $156,600 $137,200 $19,400
2018 $1,964 $139,000 $124,800 $14,200
2017 $1,958 $137,600 $124,800 $12,800
2016 $1,938 $137,600 $124,800 $12,800
2015 $1,671 $111,300 $97,600 $13,700
2014 $1,671 $111,300 $97,600 $13,700
Source: Public Records

Agents Affiliated with this Home

  • Betsy Clark

    Seller's Agent in 2017

    Betsy Clark

    Northwoods Land Office

    (218) 290-3619

    204 Total Sales

    Betsy Clark
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Map

Source: Range Association of REALTORS®

MLS Number: 132420

Range Association of REALTORS®

APN: 270008300090

Minnesota St Louis County Tower 55790

1522 E Mallard Dr, Tower, MN

Not Listed for Sale

Lots

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