NOT LISTED FOR SALE

502 3rd St S Tower, MN 55790

Estimated Value: $72,000 - $156,000

4 Beds
1 Bath
1,242 Sq Ft
$96/Sq Ft Est. Value

About This Home

This home is located at 502 3rd St S, Tower, MN 55790 and is currently estimated at $119,427, approximately $96 per square foot. 502 3rd St S is a home with nearby schools including Tower-Soudan Elementary School and Vermilion Country School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Carlon Morgen
Bought by
Lempia Nicholas Alan
Current Estimated Value
$119,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,495
Outstanding Balance
$64,713
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$54,714

Purchase Details

Closed on
Jun 29, 2005
Sold by
Carlon Lowell and Carlon Kathleen
Bought by
Carlon Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Lempia Nicholas Alan $70,000 Northeast Title
Carlon Jeffrey D $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lempia Nicholas Alan $65,495
Previous Owner Carlon Jeffrey D $49,000
Source: Public Records

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 $494 $87,000 $13,600 $73,400
2023 $494 $78,000 $12,300 $65,700
2022 $1,452 $67,200 $12,300 $54,900
2021 $1,296 $58,600 $10,700 $47,900
2020 $592 $58,600 $10,700 $47,900
2019 $502 $63,300 $12,700 $50,600
2018 $514 $59,400 $12,100 $47,300
2017 $514 $59,400 $12,100 $47,300
2016 $502 $59,400 $12,100 $47,300
2015 $539 $39,500 $5,400 $34,100
2014 $539 $39,500 $5,400 $34,100
Source: Public Records

Map

Minnesota St Louis County Tower 55790

502 3rd St S, Tower, MN

Not Listed for Sale

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