NOT LISTED FOR SALE

3611 Fectos Rd Tower, MN 55790

Estimated Value: $198,000 - $284,000

1 Bed
1 Bath
512 Sq Ft
$479/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $298,000 $582 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,389/month

5 Days on Market

Highlights

  • 34 Feet of Waterfront
  • Loft
  • No HOA
  • Guest House
  • 1 Fireplace
  • Living Room

About This Home

As of May 2023

Welcome to your new cozy cabin alongside beautiful Lake Vermilion! This small cabin packs a punch with many updates, open concept living room/dining room, sleeping loft, bunkhouse, deck facing the lake, 34 ft of deeded lakeshore, and 80ft dock with sun deck. The perfect year round getaway to enjoy fishing, golfing, and a beautiful sunrise each morning. Pack your bags and enjoy your new cabin by fishing opener!

Owners are licensed real estate agents in MN.

Last Agent to Sell the Property

Robert Snyder

eXp Realty Listed on: 03/31/2023

eXp Realty

Last Buyer's Agent

Barbara Hegg

Vermilion Land Office, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1999

Lot Details

  • 5,184 Sq Ft Lot
  • 34 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Home Design

  • Cedar

Interior Spaces

  • 512 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Loft
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • Space Heater
  • Propane
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Sundlings Cottage Sites T Of Greenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 387036000225

Home Details

Home Type

Single Family

Est. Annual Taxes

$580

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 512
  • Water Body Name: Little Vermilion
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Living Area: 512
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bathroom, Loft, Guest Room
  • SqFtTotal: 512.00

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • View: Bay
  • LakeChain: N
  • Waterfront Frontage: 34

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Fireplace(s), Space Heater
  • Sewer: Holding Tank, Septic System Compliant - Yes
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 101x50, 32x12
  • Lot Size Sq Ft: 5183.64
  • Land Lease: No
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 387036000225
  • Tax Annual Amount: 580
  • TaxWithAssessments: 580.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 19, 2023
Sold by
Lattemer Andrew
Bought by
Soares Christopher Graham and Lampi Lenore R
Seller's Agent
Robert Snyder
eXp Realty
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc.
List Price
$298,000
Sold Price
$298,000
Views
34
Current Estimated Value
$245,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,926
Avg. Annual Appreciation
-7.11%
Original Mortgage
$62,000
Outstanding Balance
$57,763
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$187,311

Purchase Details

Listed on
Jul 17, 2019
Closed on
Sep 5, 2019
Sold by
Mcgahan Michael J and Mcgahan Christina M
Bought by
Latterner Andrew and Glynn Taylor
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.32%
Original Mortgage
$132,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2008
Sold by
Schult William and Schult Joyce
Bought by
Mcgahan Michael J and Mcgahan Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,450
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2005
Sold by
Tomazin Kara S and Kerber John D
Bought by
Schult William and Schult Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Soares Christopher Graham $298,000 All American Title Company
Latterner Andrew $165,000 None Available
Mcgahan Michael J $191,000 None Available
Schult William $162,451 Consolidated Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soares Christopher Graham $62,000
Previous Owner Latterner Andrew $132,000
Previous Owner Mcgahan Michael J $181,450
Previous Owner Schult William $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2023 05/19/23 Sold $298,000 0.0% $582 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $298,000 +80.6% $582 / Sq Ft
09/05/2019 09/05/19 Sold $165,000 0.0% $261 / Sq Ft View Prior Sale
07/26/2019 07/26/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $165,000 -- $261 / Sq Ft
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
2024 $1,288 $149,900 $33,400 $116,500
2023 $1,288 $118,600 $30,100 $88,500
2022 $580 $110,800 $30,100 $80,700
2021 $420 $103,500 $30,100 $73,400
2020 $1,102 $87,800 $30,100 $57,700
2019 $1,062 $103,200 $35,800 $67,400
2018 $1,006 $100,700 $33,300 $67,400
2017 $984 $93,900 $33,300 $60,600
2016 $968 $93,900 $33,300 $60,600
2015 $1,211 $103,300 $38,300 $65,000
2014 $1,211 $103,300 $38,300 $65,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Snyder

    Seller's Agent in 2023

    Robert Snyder

    eXp Realty

    (651) 430-2970

    264 Total Sales

    Robert Snyder
    Section Image
  • Barbara Hegg

    Buyer's Agent in 2023

    Barbara Hegg

    Vermilion Land Office, Inc.

    (218) 742-2369

    191 Total Sales

    Barbara Hegg
    Section Image

  • N

    Buyer's Agent in 2019

    Nonmember NONMEMBER

    Nonmember Office

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Map

Source: NorthstarMLS

MLS Number: 6346411

NorthstarMLS

APN: 387036000225

Minnesota St Louis County Tower 55790

3611 Fectos Rd, Tower, MN

Not Listed for Sale

Detached

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