NOT LISTED FOR SALE

3261 Thomas Rd Tower, MN 55790

Estimated Value: $315,000 - $634,000

2 Beds
1 Bath
874 Sq Ft
$531/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $290,000 $332 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,816/month

About This Home

As of September 2017

This 854 sq. ft. Lake Vermilion 2 BR+ cabin has the right location and features for 3+ season family lakeside fun. The cabin has a wonderful northwoods charm with a classic pine interior, cathedral design with loft, open kitchen, dining, and living spaces, cozy bedrooms, and large lakeside deck. Plenty of space for guests including bunk cabin, sauna w/ bunk space, and a great lakeside boat house for group socializing. The lot is level with room for outside play, the shoreline is swimming friendly, and the dock is set up for sunset views across beautiful Frazer Bay. Escape to the lake with your family and friends!

Last Listed By

Bill Tibbetts

B.I.C. Realty License #20437344 Listed on: 09/08/2017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,890

Year Built

1970

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Electric, Baseboard, Space Heaters, Gas - Propane
  • Lvt Date: 08/02/2017
  • Main Level Bathrooms: .75
  • Number Of Bedrooms: 2
  • Parcel Code Number: 387-0105-00180
  • Patioporch: Deck
  • Real Estate Tax: 2198
  • Style: 1 1/4 Story
  • Total Above Grade Sq Ft: 874
  • Type: Residential
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 874
  • Bedroom 1: Size: 10'x9'6", On Level: Main
  • Total Bathrooms: 0.75
  • Appliances: Electric Range, Refrigerator
  • Bedroom 2: Size: 10'x9'6", On Level: Main
  • Bedroom 3: Loft, Size: 11'x14', On Level: Upper
  • Dining Room: Size: Inc w/ kit, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 13'x11'6", On Level: Main
  • Living Room: Size: 17'x11'6", On Level: Main
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 720
  • Upper Level Sq Ft: 154

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt

Utilities

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

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 250x100
  • Number Of Acres: 0.57
  • Zoning: RES9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Sep 29, 2017
Sold by
Anderson Kenneth E and Anderson Linda A
Bought by
Anderson Kenneth E and Anderson Linda A
Seller's Agent
Bill Tibbetts
B.I.C. Realty
Buyer's Agent
Bill Tibbetts
B.I.C. Realty
Sold Price
$290,000
Total Days on Market
0
Current Estimated Value
$464,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,355
Avg. Annual Appreciation
6.36%

Purchase Details

Listed on
Sep 8, 2017
Closed on
Sep 22, 2017
Sold by
Johnson Benjaman R and Johnson Erin L T
Bought by
Anderson Kenneth E
Seller's Agent
Bill Tibbetts
B.I.C. Realty
Buyer's Agent
Bill Tibbetts
B.I.C. Realty
Sold Price
$290,000

Purchase Details

Closed on
Mar 26, 2010
Sold by
Maroushek Benjamin M and Maroushek Janice I
Bought by
Johnson Benjaman R and Johnson Erin L T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.96%
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
Anderson Kenneth E -- Land Title Inc
Anderson Kenneth E $290,000 Land Title Inc
Johnson Benjaman R $325,000 Ne Cook
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Benjaman R $31,000
Previous Owner Johnson Benjaman R $248,000
Previous Owner Johnson Benjamin R $43,000
Previous Owner Johnson Benjaman R $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $290,000 -- $332 / Sq Ft
09/08/2017 09/08/17 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
2023 $2,890 $349,400 $181,000 $168,400
2022 $2,592 $294,400 $155,600 $138,800
2021 $2,334 $250,300 $134,500 $115,800
2020 $2,588 $225,400 $124,900 $100,500
2019 $2,568 $240,700 $124,900 $115,800
2018 $2,304 $239,200 $123,400 $115,800
2017 $2,258 $211,200 $123,400 $87,800
2016 $2,272 $211,200 $123,400 $87,800
2015 $2,655 $214,800 $123,100 $91,700
2014 $2,655 $218,500 $123,100 $95,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bill Tibbetts

    B.I.C. Realty

    (218) 750-0299

    31 Total Sales

    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 132712

Range Association of REALTORS®

APN: 387010500180

Minnesota St Louis County Tower 55790

3261 Thomas Rd, Tower, MN

Homes for Sale in Tower, MN

This home is located at 3261 Thomas Rd, Tower, MN 55790 since 08 September 2017 and is currently estimated at $464,355, approximately $531 per square foot. This property was built in 1970. 3261 Thomas 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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