NOT LISTED FOR SALE

507 3rd St S Tower, MN 55790

Estimated Value: $99,000 - $146,000

3 Beds
1 Bath
1,166 Sq Ft
$105/Sq Ft Est. Value

About This Home

This home is located at 507 3rd St S, Tower, MN 55790 and is currently estimated at $123,008, approximately $105 per square foot. 507 3rd St S is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School and Vermilion Country School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Udovich Edward J
Bought by
Udovich Edward John and Edward John Udovich Trust
Current Estimated Value
$119,384

Purchase Details

Closed on
Dec 2, 2016
Sold by
Blake Debra K and Blake Robert C
Bought by
Udovich Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Outstanding Balance
$40,436
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$65,883

Purchase Details

Closed on
Feb 17, 2015
Sold by
Everbank
Bought by
Blake Debra K and Nelson Roger W

Purchase Details

Closed on
Jun 26, 2014
Sold by
Olson Kim R
Bought by
Everbank

Purchase Details

Closed on
Aug 15, 2006
Sold by
Bjorgo Mark A
Bought by
Olson Kim R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
6.78%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2001
Sold by
Niemiste John S and Niemiste Gretchen J
Bought by
Bjorgo Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
7.16%
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Udovich Edward John -- None Available
Udovich Edward J $52,000 Home Security Abstract & Tit
Blake Debra K $25,000 National Settlement & Title
Everbank $50,000 None Available
Olson Kim R $64,500 All American Title Company
Bjorgo Mark A $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Udovich Edward J $49,400
Previous Owner Olson Kim R $64,500
Previous Owner Bjorgo Mark A $56,500
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
2023 $508 $80,500 $5,400 $75,100
2022 $534 $68,100 $5,400 $62,700
2021 $512 $59,400 $4,700 $54,700
2020 $648 $56,900 $4,700 $52,200
2019 $548 $68,800 $4,700 $64,100
2018 $560 $64,400 $4,500 $59,900
2017 $562 $64,400 $4,500 $59,900
2016 $548 $64,400 $4,500 $59,900
2015 $630 $44,200 $2,700 $41,500
2014 $630 $44,200 $2,700 $41,500
Source: Public Records

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