Estimated payment $1,008/month
Highlights
- Deck
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
Located in a prime downtown location just off the main street/hwy with high traffic flow & excellent visibility, this unique residential/commercial property offers a fantastic opportunity for a business with the added benefit of residential living quarters above. The upper level provides private living quarters w/3 BRs, 1 bath, a kitchenette and an upper rear-facing deck. The spacious office area on the main floor is perfect for a variety of businesses, whether you're looking to set up an office, retail space, or professional services. Large windows allow for excellent visibility & natural light, while the open floor plan offers flexibility to customize the space to suit your specific needs. AND THE Bonus is a 2-stall heated garage! With its unbeatable location near beautiful Lake Vermilion, this property offers access to the surrounding community & outdoor activities.
Listing Agent
Vermilion Land Office Inc License #40026207 Listed on: 07/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,421
Year Built
- Built in 1925
Lot Details
- 4,792 Sq Ft Lot
- Property is zoned Com
Parking
- 2 Car Detached Garage
Home Design
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 1,512 Sq Ft Home
- 1.5-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Laundry
- Electric Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 080-0010-02325
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,546 | $57,600 | $4,600 | $53,000 |
| 2023 | $1,546 | $57,200 | $4,200 | $53,000 |
| 2022 | $1,588 | $52,500 | $4,200 | $48,300 |
| 2021 | $1,660 | $51,900 | $3,600 | $48,300 |
| 2020 | $1,490 | $51,900 | $3,600 | $48,300 |
| 2019 | $1,440 | $48,500 | $3,600 | $44,900 |
| 2018 | $1,456 | $48,500 | $3,600 | $44,900 |
| 2017 | $1,780 | $48,500 | $3,600 | $44,900 |
| 2016 | $1,784 | $48,500 | $3,600 | $44,900 |
| 2015 | $1,836 | $49,800 | $6,300 | $43,500 |
| 2014 | $2,823 | $78,200 | $6,300 | $71,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $169,000 | -4.0% | $112 / Sq Ft |
| 07/16/2025 07/16/25 | For Sale | $176,000 | 0.0% | $116 / Sq Ft |
| 07/16/2025 07/16/25 | Off Market | $176,000 | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $176,000 | -- | $116 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | None Available | |
| Contract Of Sale | $50,000 | None Available | |
| Warranty Deed | $50,000 | None Available | |
| Warranty Deed | $37,000 | Up North Title Inc | |
| Quit Claim Deed | -- | Northeast Title Company | |
| Warranty Deed | $80,000 | Northeast Title Company | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $25,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Seller Take Back | |
| Previous Owner | $29,600 | Commercial | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $61,000 | Commercial |
Source: Range Association of REALTORS®
MLS Number: 148672
APN: 080001002325
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