NOT LISTED FOR SALE

1763 Armstrong Bay Rd Tower, MN 55790

Estimated Value: $298,969

2.7 Acres
$110,729 Price per Acre
117,612 Sq Ft Lot

Last Sold October 30, 2023

Last sale price $277,700

Est. 8% increase in value since last sale

Current estimated payment $1,779/month

2 Days on Market

About This Lot

As of October 2023

Located on coveted Lake Vermilion, this 2.7 acre parcel has 260’ of fabulous lake shore. This property is located on Armstrong Bay,on the quiet Southeast Arm of Lake Vermilion near the State Park. With ideal swimming shoreline and water, plus the big views tothe West in the main part of the lake. Driveway is in, power, well and a partially built 12 x 24 cabin. Loft is 12 x 8. New eptic system is in, but never used or turned on. Cabin is a kit from Jamaica Cottage Company and still enough time for a new buyer to build out the insideof the cabin.

Last Listed By

David Lilja

Think Minnesota Realty LLC Listed on: 10/13/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,476

Lot Details

  • Lot Dimensions are 260x710x85x40x115x515
  • 260 Feet of Waterfront
  • Lake Front

Community Details

  • No Home Owners Association
  • Breitung Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 270001003078

Property Details

Property Type

Land

Est. Annual Taxes

$2,476

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Other
  • Water Body Name: Vermilion
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Deck,Easements

Exterior Features

  • View: Bay, Lake
  • Lake Acres: 39272
  • LakeChain: N
  • Waterfront Frontage: 260

Utilities

  • Utilities: Electricity Connected, None Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictNumber: 2142
  • SchoolDistrictPhone: 218-749-8130

Lot Info

  • Topography: Sloped
  • Waterfront YN: Yes
  • Lot Size: 260x710x85x40x115x515
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 270001003078
  • Tax Annual Amount: 2476
  • TaxWithAssessments: 2254.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Oct 21, 2023
Sold by
Charles H Jorenby H and Charles Clarice A
Bought by
Rudlong Luke and Rudlong Crystal
Seller's Agent
David Lilja
Think Minnesota Realty LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$235,000
Sold Price
$277,700
Premium/Discount to List
$42,700
18.17%
Total Days on Market
2
Views
1
Current Estimated Value
$298,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,269
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
May 28, 2021
Sold by
Jorenby Charles and Jorenby Clarice
Bought by
Jorenby Charles H and Jorenby Clarice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rudlong Luke $277,700 All American Title Company
Jorenby Charles H -- Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jorenby Charles H $233,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $277,700 +18.2% --
10/16/2023 10/16/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $235,000 -- --
Source: NorthstarMLS

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
2023 $2,304 $209,500 $209,200 $300
2022 $2,476 $209,500 $209,200 $300
2021 $2,414 $200,600 $200,300 $300
2020 $2,478 $200,600 $200,300 $300
2019 $2,170 $201,300 $201,300 $0
2018 $2,206 $183,000 $183,000 $0
2017 $1,370 $182,900 $182,900 $0
2016 -- $110,500 $110,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6447713

NorthstarMLS

APN: 270001003078