NOT LISTED FOR SALE

416 3rd St S Tower, MN 55790

Estimated Value: $200,000 - $302,241

4 Beds
2 Baths
2,790 Sq Ft
$88/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $280,000 $100 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,532/month

6 Days on Market

Highlights

  • Heated Floors
  • 1-Story Property
  • Baseboard Heating
  • Deck
  • Forced Air Heating System
  • Gas Log Fireplace

About This Home

As of September 2023

Spacious home in Tower with privacy. 4 bed/1.75 bath home located near edge of Town on approx. 2.5 acres. Enjoy both the convenience of living in Town with a country atmosphere. Home features updated large main floor living room, large formal dining room and kitchen with 3-season porch and deck. Partially finished walkout basement has 2 bedrooms, laundry, rec room and bath. Large 32x40 sq. ft. garage to fit your toys and large yard part of which is heavily wooded and has trails and gardens. Property borders public lands, is near trails and the East Two River. Excellent opportunity for home and/or VRBO near Lake Vermilion.

Last Agent to Sell the Property

Julia Maki

B.I.C. Realty License #40377638 Listed on: 08/06/2023

Last Buyer's Agent

Steve Amundson

Property Brokers of Minnesota License #40679469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1960

Lot Details

  • 2.5 Acre Lot
  • Irregular Lot

Parking

  • 4 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,790 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Heated Floors

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 080-0010-01230 plus more

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,250

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Gas, Electric, Forced Air, Baseboard, In-Floor
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 0.7
  • Lower Level Bedrooms: 2
  • Lvt Date: 08/06/2023
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 4
  • Parcel Code Number: 080-0010-01230 plus more
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 80
  • Real Estate Tax: $2250
  • Style: One Story
  • Type: Residential
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2790
  • Bedroom 1: Size: 11x12, On Level: Main
  • Total Bathrooms: 1.75
  • Appliances: Electric Range, Microwave, Refrigerator, Washer, Elec. Dryer
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 11x12, On Level: Main
  • Bedroom 3: Size: 10x16, On Level: Lower
  • Dining Room: Size: 12x19, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 12x20, On Level: Main
  • Living Room: Size: 24x24, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: master bed, Size: 13x16, On Level: Lower
  • Rec Room: Size: 12x19, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 4
  • Garage Size: 32x40

Utilities

  • Utilities: City Water, City Sewer, Gas
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 170x350
  • Number Of Acres: 2.5
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Sep 22, 2023
Sold by
Carlson Joshua and Carlson Nicole
Bought by
Picek Bennett and Picek Jessica
Seller's Agent
Julia Maki
B.I.C. Realty
Buyer's Agent
Steve Amundson
Property Brokers of Minnesota
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Views
47
Current Estimated Value
$244,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,440
Avg. Annual Appreciation
-5.74%
Original Mortgage
$277,000
Outstanding Balance
$271,125
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$26,565

Purchase Details

Closed on
Aug 1, 2007
Sold by
Nelson Linda M
Bought by
Carlson Joshua H and Carlson Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.77%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Picek Bennett $280,000 --
Carlson Joshua H $165,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Picek Bennett $277,000
Previous Owner Carlson Joshua H $164,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $280,000 -3.1% $100 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $289,000 -- $104 / Sq Ft
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
2024 $3,046 $226,900 $18,300 $208,600
2023 $3,046 $203,300 $16,400 $186,900
2022 $2,426 $172,600 $16,400 $156,200
2021 $2,452 $150,600 $14,300 $136,300
2020 $2,592 $150,600 $14,300 $136,300
2019 $2,252 $157,900 $14,300 $143,600
2018 $2,292 $147,800 $13,700 $134,100
2017 $1,832 $147,800 $13,700 $134,100
2016 $1,796 $126,500 $13,700 $112,800
2015 $2,302 $131,700 $15,300 $116,400
2014 $2,302 $131,700 $15,300 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 145537

Range Association of REALTORS®

APN: 080001001230