NOT LISTED FOR SALE

507 S 2nd St Tower, MN 55790

Estimated Value: $93,000 - $138,000

2 Beds
1.5 Baths
1,192 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $76,000 $64 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $707/month

About This Home

As of March 2018

Well-maintained 2 BR, 1.5 bath home has a built-in hutch and bow window in the DR, plus an eat-in kitchen, a sauna in the lower level along with a half bath, a newer roof and a 2-stall garage. Ideal location makes it easy to walk to anywhere in town. And don't forget it's close to beautiful Lake Vermilion and miles of trails and the golf course at Fortune Bay. Come enjoy our beautiful North Woods.

Last Agent to Sell the Property

Lynn Voss

Vermilion Land Office Inc License #40188579 Listed on: 10/18/2017

Last Buyer's Agent

Sherry Zupancich Anderson

Vermilion Land Office Inc License #40026207

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 1945

Lot Details

  • 6,970

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 1,192 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Garage
  • Garage Door Opener

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 080-0010-02550

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,254

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Oil
  • Lower Level Bathrooms: .5
  • Lvt Date: 10/18/2017
  • Main Level Bathrooms: 1.0
  • Number Of Bedrooms: 2
  • Parcel Code Number: 080-0010-02550
  • Patioporch: Porch, Enclosed
  • Percent Of Bsmnt Finished: 10
  • Real Estate Tax: 1254
  • Style: One Story
  • Total Above Grade Sq Ft: 1084
  • Type: Residential
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1192
  • Bedroom 1: Size: 11.5x13.4, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Electric Range, Garage Opener, Hood, Refrigerator, Washer, Elec. Dryer
  • Basement: Block, Full
  • Bedroom 2: Size: 12x13.4, On Level: Main
  • Dining Room: Size: 17x12, On Level: Main
  • Kitchen: Size: 10x16, On Level: Main
  • Living Room: Size: 19x12, On Level: Main
  • Lower Level Sq Ft: 1084
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1084
  • Other Room 2: Porch, Size: 5.5x6, On Level: Main
  • Other Room 3: Sauna, Size: 6.5x12.5, On Level: Lower

Exterior Features

  • Exterior: Hard Board
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24x22

Utilities

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

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 50x140
  • Number Of Acres: 0.16
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Mar 1, 2018
Sold by
Lakso Dolores A and Lakso Ann L
Bought by
Norgren Adam and Norgren Tammy
Seller's Agent
Lynn Voss
Vermilion Land Office Inc
Buyer's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
List Price
$89,900
Sold Price
$76,000
Premium/Discount to List
-$13,900
-15.46%
Current Estimated Value
$122,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,264
Avg. Annual Appreciation
4.41%
Source: Public Records

Range of Values:

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Average Value
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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
Norgren Adam $76,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $76,000 -15.5% $64 / Sq Ft
10/18/2017 10/18/17 For Sale $89,900 -- $75 / Sq Ft
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 $708 $91,300 $5,400 $85,900
2022 $652 $77,100 $5,400 $71,700
2021 $662 $67,300 $4,700 $62,600
2020 $748 $67,300 $4,700 $62,600
2019 $500 $75,500 $4,700 $70,800
2018 $1,252 $59,200 $4,500 $54,700
2017 $1,254 $59,200 $4,500 $54,700
2016 $1,234 $59,200 $4,500 $54,700
2015 $1,297 $64,600 $4,500 $60,100
2014 $1,297 $64,600 $4,500 $60,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lynn Voss

    Vermilion Land Office Inc

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Map

Source: Range Association of REALTORS®

MLS Number: 133228

Range Association of REALTORS®

APN: 080001002550

Minnesota St Louis County Tower 55790

507 S 2nd St, Tower, MN

This home is located at 507 S 2nd St, Tower, MN 55790 since 18 October 2017 and is currently estimated at $122,264, approximately $102 per square foot. This property was built in 1945. 507 S 2nd 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.

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