NOT LISTED FOR SALE

314 N 2nd St Tower, MN 55790

4 Beds
2 Baths
2,050 Sq Ft
1930 Built

Last Sold June 28, 2022

Last sale price $149,900 $73 Per Sq Ft

11 Days on Market

About This Home

As of June 2022

Updated & Well Maintained Duplex, great location in the idyllic small town of Tower, just blocks from harbor access to Lake Vermilion & only 22 miles to Virginia/20 to Ely. Each spacious home offers 2 bedrooms and 1 bath, private basement, main and upper levels, hardwood floors, updated electrical, newer roofing, siding & gutters. City water & sewer, off street parking, concrete sidewalks, front & back decks! Excellent rental history.

Last Agent to Sell the Property

Dan Janisch

Janisch Realty Inc License #40343713 Listed on: 05/05/2022

Last Buyer's Agent

Sherry Zupancich Anderson

Vermilion Land Office Inc License #40026207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1930

Parking

  • Off-Site Parking

Home Design

  • 2,050 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Lot Details

  • Lot Dimensions are 140 x 50

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $1,130
  • Net Operating Income $9,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,611

Year Built

Built in 1930

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Lvt Date: 05/05/2022
  • Real Estate Tax: 1611
  • Type: Duplex
  • Year Built: 1930
  • Lot Size Length: 140
  • Lot Size Width: 50
  • Net Income: 9999
  • Projected Income: 1130
  • Rent: Month To Month
  • Total Expense: 9999
  • Total Income: 1130
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2050
  • Basement: Block, Full

Exterior Features

  • Exterior: Steel
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking: Off Site Parking

Utilities

  • Utilities: City Sewer, City Water
  • Heating: Forced Air

Fee Information

  • Rent Income: 1130

Lot Info

  • Zoning: R3

Rental Info

  • Actual Income: 1130

Multi Family

  • Number Of Units: 2

Tax Info

  • Taxes: 1611
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2022 06/28/22 Sold $149,900 +0.3% $73 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $149,500 +149.2% $73 / Sq Ft
07/08/2016 07/08/16 Sold $60,000 -- $29 / Sq Ft View Prior Sale
05/04/2016 05/04/16 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 $2,136 $96,300 $6,000 $90,300
2023 $2,136 $86,200 $5,400 $80,800
2022 $1,696 $72,900 $5,400 $67,500
2021 $1,708 $63,500 $4,700 $58,800
2020 $1,680 $63,500 $4,700 $58,800
2019 $1,508 $63,200 $4,700 $58,500
2018 $1,532 $59,200 $4,500 $54,700
2017 $1,538 $59,200 $4,500 $54,700
2016 $1,512 $59,200 $4,500 $54,700
2015 $1,466 $59,000 $4,500 $54,500
2014 $1,466 $59,000 $4,500 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 143258

Range Association of REALTORS®
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