NOT LISTED FOR SALE

2556 Birch Point Rd Tower, MN 55790

Estimated Value: $750,000 - $786,110

2 Beds
1 Bath
760 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $370,000 $487 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,766/month

Highlights

  • Deck
  • Space Heater
  • Wood Burning Fireplace
  • 1-Story Property

About This Home

As of May 2014

Live the Dream on one of the most prominent lake lots on Vermilion's Birch Point. Gently sloping to lake with 250' of lakeshore with breathtaking southern views. Mature trees of Minnesota's finest species. Modest cabin with 2 bedrooms, wood burning fireplace and lots of memories to be made. Whether you're dream is a secluded cabin or a magnificent lake home... this is the place of endless possibilities.

Last Agent to Sell the Property

Mary Jacobsen

Jacobsen Appraisals License #4001031 Listed on: 03/12/2014

Last Buyer's Agent

Steve Bradach

Vermilion Land Office Inc License #40022417

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1940

Lot Details

  • 1.2

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 760 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Space Heater
  • Heating System Uses Oil
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Additional Features

  • Deck
  • 1.2 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 387-0075-00640

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,340

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil, Space Heaters
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 387-0075-00640
  • Patioporch: Deck
  • Real Estate Tax: 4340
  • Style: One Story, Seasonal
  • Total Above Grade Sq Ft: 760
  • Type: Residential
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 760
  • Bedroom 1: Size: 8 X 9, On Level: Main
  • Total Bathrooms: 1
  • Bedroom 2: Size: 9 X 10, On Level: Main
  • Bedroom 3: Frnt Porch, Size: 10 X 20
  • Dining Room: Size: 0 X 0
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 10 X 10, On Level: Main
  • Living Room: Size: 15 X 12, On Level: Main
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 760
  • Rec Room: Size: 0 X 0

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Schools

  • School District: Tower/Soudan- 2142

Lot Info

  • Lot Size: Dimensions: 225x250
  • Number Of Acres: 1.2
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 30, 2014
Sold by
Underhill Steven J and Underhill Rose Ann
Bought by
White James and White Carla J
Seller's Agent
Mary Jacobsen
Jacobsen Appraisals
Buyer's Agent
Steve Bradach
Vermilion Land Office Inc
Sold Price
$370,000
Current Estimated Value
$762,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,528
Avg. Annual Appreciation
6.55%
Original Mortgage
$333,000
Outstanding Balance
$223,301
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$539,227
Source: Public Records

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
White James $370,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White James $333,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $370,000 -- $487 / Sq Ft
03/12/2014 03/12/14 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
2023 $8,824 $589,100 $340,000 $249,100
2022 $4,180 $449,000 $289,800 $159,200
2021 $3,972 $395,000 $256,300 $138,700
2020 $3,856 $374,400 $256,300 $118,100
2019 $3,850 $358,100 $253,100 $105,000
2018 $3,564 $357,200 $252,200 $105,000
2017 $3,532 $328,400 $252,300 $76,100
2016 $3,574 $328,400 $252,300 $76,100
2015 $4,182 $340,400 $260,100 $80,300
2014 $4,182 $340,400 $260,100 $80,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Jacobsen

    Jacobsen Appraisals

    Section Image

  • S

    Buyer's Agent in 2014

    Steve Bradach

    Vermilion Land Office Inc

    (218) 780-2021

    23 Total Sales

    Steve Bradach
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 123151

Range Association of REALTORS®

APN: 387007500640

Minnesota St Louis County Tower 55790

2556 Birch Point Rd, Tower, MN

This home is located at 2556 Birch Point Rd, Tower, MN 55790 since 12 March 2014 and is currently estimated at $762,528, approximately $1,003 per square foot. This property was built in 1940. 2556 Birch Point Rd is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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