NOT LISTED FOR SALE

3263 Thomas Rd Tower, MN 55790

Estimated Value: $300,573 - $363,000

2 Beds
1 Bath
432 Sq Ft
$758/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $260,000 $602 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,894/month

4 Days on Market

About This Home

As of October 2023

Lake Vermilion seasonal cabin! This cozy 2 bedroom cabin is ready to enjoy! Tongue & grove make up the interior along with a unique vaulted type ceiling. The expansive wrap around deck will give you great views of the beach & lake. Next to the cabin is the bathroom & sauna. The level lot is what everyone wants for summer & fall bonfires, sunset views & yard games! This property is located off of Country Rd 77 in the middle of Lake Vermilion. Close to the Vermilion Club & other resorts. This is an excellent opportunity to own a piece of this extraordinary lake! Schedule your showing today!

Last Agent to Sell the Property

Jessica Mesich

Culbert Realty License #40738649 Listed on: 09/20/2023

Last Buyer's Agent

Kimberly Culbert-Blaeser

Culbert Realty License #40188582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1976

Lot Details

  • 0.5 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 432 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 387-0105-00170

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,740

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Gas
  • Irregular Lot Size: Yes
  • Lvt Date: 09/20/2023
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 387-0105-00170
  • Patioporch: Deck
  • Real Estate Tax: 1740
  • Style: One Story
  • Total Above Grade Sq Ft: 432
  • Type: Residential
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 432
  • Bedroom 1: Size: 9x9, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Microwave, Refrigerator
  • Bedroom 2: Size: 9x9, On Level: Main
  • Kitchen: Size: 9x14, On Level: Main
  • Living Room: Size: 9x14, On Level: Main
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 432

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Utilities

  • Cooling: Window Unit
  • Utilities: Septic
  • Water Heater: Electric

Schools

  • School District: Tower/Soudan- 2142

Lot Info

  • Lot Size: Dimensions: 300x100
  • Number Of Acres: 0.5
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 26, 2023
Sold by
Akstulewicz Christopher and Akstulewicz Jacqueline
Bought by
Hager Marlin and Rhein-Hager Aimee
Seller's Agent
Jessica Mesich
Culbert Realty
Buyer's Agent
Kimberly Culbert-Blaeser
Culbert Realty
List Price
$199,000
Sold Price
$260,000
Premium/Discount to List
$61,000
30.65%
Views
13
Current Estimated Value
$327,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,643
Avg. Annual Appreciation
12.52%
Original Mortgage
$182,000
Outstanding Balance
$178,626
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$149,017

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jul 28, 2017
Sold by
Mccall Edward G
Bought by
Lanari Akstulewics Christopher Francis and Lanari Akstulewics Jacqueline
Seller's Agent
Richard Erickson
Re/Max Results
Buyer's Agent
Mike Zupetz
Culbert Realty
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$103,560
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Hager Marlin $260,000 --
Lanari Akstulewics Christopher Francis $115,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hager Marlin $182,000
Previous Owner Lanari Akstulewics Christopher Francis $103,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $260,000 +30.7% $602 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $199,000 +73.0% $461 / Sq Ft
08/01/2017 08/01/17 Sold $115,000 -- $266 / Sq Ft View Prior Sale
06/19/2017 06/19/17 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 $1,862 $218,700 $166,200 $52,500
2022 $1,702 $186,600 $143,300 $43,300
2021 $1,564 $160,300 $124,200 $36,100
2020 $1,406 $147,000 $115,600 $31,400
2019 $1,370 $131,300 $101,500 $29,800
2018 $1,636 $128,900 $99,100 $29,800
2017 $1,562 $150,800 $122,800 $28,000
2016 $1,600 $150,800 $122,800 $28,000
2015 $1,936 $159,600 $119,700 $39,900
2014 $1,936 $161,200 $119,700 $41,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jessica Mesich

    Culbert Realty

    (218) 750-4299

    110 Total Sales

    Jessica Mesich
    Section Image
  • Richard Erickson

    Seller's Agent in 2017

    Richard Erickson

    RE/MAX

    (218) 780-9573

    65 Total Sales

    Richard Erickson
    Section Image

  • M

    Buyer's Agent in 2017

    Mike Zupetz

    Culbert Realty

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 145830

Range Association of REALTORS®

APN: 387010500170

Minnesota St Louis County Tower 55790

3263 Thomas Rd, Tower, MN

This home is located at 3263 Thomas Rd, Tower, MN 55790 since 20 September 2023 and is currently estimated at $327,643, approximately $758 per square foot. This property was built in 1976. 3263 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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