NOT LISTED FOR SALE

507 S Second St Tower, MN 55790

Estimated Value: $92,000 - $114,828

2 Beds
1.5 Baths
1,084 Sq Ft
$97/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $76,000 $70 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $641/month

134 Days on Market

Highlights

  • 2 Car Detached Garage
  • Baseboard Heating
  • 1-Story Property

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 the half bath, a newer house 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.

NON-RMLS NON-RMLS

Non-MLS Listed on: 10/18/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 1945

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 50x140

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 080001002550

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,194

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: None
  • Outside Features: Other
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fuel Type: Oil
  • Year Built: 1945
  • Above Grade Finished Sq Ft: 1084.00
  • Above Grade Finished Area Search: 1084.00
  • Assessment Pending Y N: Yes
  • Below Grade Finished Sq Ft: 108.00
  • Carport Y N: No
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Garage Area: 528.00
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • List A O R Key Numeric: 7803
  • Listing Organization: Iowa
  • Living Area Finished: 1192.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 080001002550
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 60.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full
  • Appliances: Dryer, Exhaust Fan/Hood, Range, Refrigerator, Washer
  • Dining Room Features: Living/Dining Room
  • Bathroom Type: 1/2 Basement, Main Floor Full Bath
  • Fireplace: No
  • Stories: 1
  • Below Grade Finished Sq Ft: 108.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Parking Features: Detached Garage

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected

Schools

  • School District: 2142 - St. Louis County
  • School District Phone: 218-749-8130

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Assessment Pending: Yes
  • Lot Size: 50x140
  • Homestead: No
  • Lot Size Acres: 0.1610
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT: 0013 BLOCK:021, City of Tower
  • Tax Amount: 1194.00
  • Tax Year: 2017
  • Tax With Assessments: 1254.00
  • Assessor Parcel Number: 080001002550

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 2142 - St. Louis County

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
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$89,900
Sold Price
$76,000
Premium/Discount to List
-$13,900
-15.46%
Total Days on Market
134
Current Estimated Value
$104,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,957
Avg. Annual Appreciation
4.60%

Range of Values:

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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
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% $70 / Sq Ft
10/18/2017 10/18/17 For Sale $89,900 -- $83 / Sq Ft
Source: NorthstarMLS

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

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Map

Source: NorthstarMLS

MLS Number: NST4885488

NorthstarMLS

APN: 080001002550