NOT LISTED FOR SALE

508 3rd St S Tower, MN 55790

Estimated Value: $75,000 - $118,000

2 Beds
2 Baths
876 Sq Ft
$105/Sq Ft Est. Value

About This Home

This home is located at 508 3rd St S, Tower, MN 55790 and is currently estimated at $91,708, approximately $104 per square foot. 508 3rd St S is a home with nearby schools including Tower-Soudan Elementary School and Vermilion Country School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Purkat Jordan
Bought by
Gawboy Shawn
Current Estimated Value
$91,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Outstanding Balance
$42,999
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$48,709

Purchase Details

Closed on
Apr 3, 2017
Sold by
Noyes Briita E and Burba Brian
Bought by
Purkat Jordan and Gawboy Shawn

Purchase Details

Closed on
Oct 13, 2006
Sold by
Holm John B and Holm Amy
Bought by
Noyes Briita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Gawboy Shawn $500 All American Title Company
Purkat Jordan $45,000 All American Title Co Inc
Noyes Briita E $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gawboy Shawn $47,000
Previous Owner Noyes Briita E $49,500
Closed Purkat Jordan $0
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
2024 $434 $76,300 $6,000 $70,300
2023 $434 $68,300 $5,400 $62,900
2022 $438 $57,900 $5,400 $52,500
2021 $446 $50,500 $4,700 $45,800
2020 $500 $50,500 $4,700 $45,800
2019 $420 $56,200 $4,700 $51,500
2018 $430 $52,600 $4,500 $48,100
2017 $430 $52,600 $4,500 $48,100
2016 $418 $52,600 $4,500 $48,100
2015 $550 $40,100 $2,700 $37,400
2014 $550 $40,100 $2,700 $37,400
Source: Public Records

Map

Minnesota St Louis County Tower 55790

508 3rd St S, Tower, MN

Not Listed for Sale

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