$275,000

506 S 2nd St Tower, MN 55790

Estimated payment $1,452/month

Total Views 2,597
3 Beds
1.5 Baths
1,659 Sq Ft
$166 Price per Sq Ft

Highlights

  • Hot Property
  • Wood Burning Stove
  • 2 Fireplaces
  • Deck
  • Main Floor Primary Bedroom
  • No HOA

About This Home

Giants Ridge & Lake Vermilion Areas—Great Rental Potential! Fully Furnished. Easy One Level Living—Exceptional 3BR/2BA Updated Home W/City Water & Sewer, New 2 Stall Garage, Huge Yard In Peaceful Tower, Just 17 Mi To The Slopes, Tees, Lakes, Bike & Snowmobile Trails At Giants Ridge. Only Blocks To Lake Vermilion Landing, State Park, Bike & Snowmobile Trails. 1659 SF home offers main flr BR & full BA. LR w/wd burning firepl front stove & glowing hardwd flr open to screen porch. Lg kitch w/painted wood cabinets & bar open to DR. Upstairs guest BR & primary suite w/bth, walk in closet & deck. Triple pane windows, added insulation, freshly painted. Almost every room completely renovated. New: 2 new firepl front wood stoves, screen porch, propane furnace, electrical upgrades, sewer lateral, natural wood ceilings. Good internet. Click link for 3D Tour!

Listing Agent

Lisa Janisch

Janisch Realty, Inc Listed on: 02/11/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $438

Year Built

  • Built in 1992

Lot Details

  • Lot Dimensions are 14x50
  • Chain Link Fence
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,659 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Vented Exhaust Fan
  • 100 Amp Service
  • Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 080001002610

Home Details

Home Type

Single Family

Est. Annual Taxes

$438

Year Built

Built in 1992

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water - In Street
  • Year Built: 1992
  • Above Grade Finished Sq Ft: 1659
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Wood Burning Stove
  • Living Area: 1659
  • Fireplace: Yes
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link
  • Other Structures: Garage(s)
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • LaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Electric: 100 Amp Service
  • Fuel: Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck, Hardwood Floors, Main Floor Primary Bedroom, Porch, Washer/Dryer Hookup

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictPhone: 2187498130

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 14x50
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 080001002610
  • Tax Annual Amount: 438
  • TaxWithAssessments: 438

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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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 $438 $77,100 $6,000 $71,100
2023 $438 $69,100 $5,400 $63,700
2022 $1,132 $58,600 $5,400 $53,200
2021 $454 $51,100 $4,700 $46,400
2020 $550 $51,100 $4,700 $46,400
2019 $462 $60,000 $4,700 $55,300
2018 $474 $56,100 $4,500 $51,600
2017 $474 $56,100 $4,500 $51,600
2016 $462 $56,100 $4,500 $51,600
2015 $248 $30,500 $2,700 $27,800
2014 $248 $22,100 $2,000 $20,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2026 02/11/26 For Sale $275,000 +120.2% $166 / Sq Ft
11/20/2023 11/20/23 Sold $124,900 0.0% $75 / Sq Ft View Prior Sale
11/20/2023 11/20/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $124,900 -- $75 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $124,900 All American Title Company
Source: Public Records

Source: NorthstarMLS

MLS Number: 7020306

NorthstarMLS

APN: 080001002610

Minnesota St Louis County Tower 55790

506 S 2nd St, Tower, MN

For Sale

Detached

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.

NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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Lisa Janisch
Listing Agent
Lisa Janisch
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Janisch Realty, Inc
(218) 288-6530
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