NOT LISTED FOR SALE

507 N Third St Tower, MN 55790

Estimated Value: $102,000 - $180,000

3 Beds
1 Bath
1,235 Sq Ft
$108/Sq Ft Est. Value

Last Sold February 20, 2015

Last sale price $25,000 $20 Per Sq Ft

Est. 435% increase in value since last sale

Current estimated payment $751/month

About This Home

As of February 2015

LAKE VERMILION area charming 3 bedroom 1235 sq ft home with tuck under garage located across from football field, blocks no Lake Vermilion biking trail and public access. Large living room, separate dining room, storage shed and large back yard perfect for large garage.

Last Agent to Sell the Property

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 02/02/2015

Last Buyer's Agent

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 02/02/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 6,970

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Hardboard

Interior Spaces

  • 1,235 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 080-0010-01960

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Oil
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 080-0010-01960
  • Patioporch: Porch, Enclosed
  • Real Estate Tax: 630.26
  • Style: 1 1/2 Story
  • Total Above Grade Sq Ft: 1235
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1958
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1235
  • Bedroom 1: Size: 13x9, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Refrigerator
  • Bedroom 2: Size: 11x10, On Level: Main
  • Bedroom 3: Bedroom 3, Size: 13x12, On Level: Upper
  • Dining Room: Size: 13x15, On Level: Main
  • Kitchen: Size: 13x13, On Level: Main
  • Living Room: Size: 14x13, On Level: Main
  • Lower Level Sq Ft: 1000
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1135
  • Upper Level Sq Ft: 100

Exterior Features

  • Exterior: Hard Board

Garage/Parking

  • Garage: 1 Stall
  • Garage Capacity: 1
  • Garage Size: 10x18

Utilities

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

Schools

  • School District: Tower/Soudan- 2142

Lot Info

  • Lot Size: Dimensions: 100x50
  • Number Of Acres: 0.16
  • Zoning: Res

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
$133,709

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

Listed on
Feb 2, 2015
Closed on
Feb 17, 2015
Sold by
Everbank
Bought by
Blake Debra K and Nelson Roger W
Seller's Agent
Betsy Clark
Northwoods Land Office
Buyer's Agent
Betsy Clark
Northwoods Land Office
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $25,000 -- $20 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
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
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

Agents Affiliated with this Home

  • Betsy Clark

    Seller's Agent in 2015

    Betsy Clark

    Northwoods Land Office

    (218) 290-3619

    230 Total Sales

    Betsy Clark
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 125493

Range Association of REALTORS®

APN: 080001001960

Minnesota St Louis County Tower 55790

507 N Third St, Tower, MN

This home is located at 507 N Third St, Tower, MN 55790 since 02 February 2015 and is currently estimated at $133,709, approximately $108 per square foot. This property was built in 1958. 507 N Third St is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School and Vermilion Country School.

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.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes