$89,000
SOLD MAY 4, 2026

508 3rd St S Tower, MN 55790

3 Beds
1 Bath
989 Sq Ft
6,970 Sq Ft Lot Lot

Sale Details

Date Sold: May 4, 2026

$90 Per Sq Ft

11% Below List Price

82 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Forced Air Heating System
  • Privacy Fence

About This Home

As of May 2026

This cozy 3 bedroom, 1 bath home is perfectly situated on the edge of a quaint northern Minnesota town, offering the best of peaceful living with easy access to everyday amenities. Just minutes from Lake Vermilion, enjoy nearby public boat launches, sandy beaches, dining, local shops, and a community clinic. Outdoor enthusiasts will love the endless recreation right outside your door with miles of ATV, biking, hiking, and snowmobile trails, plus a nearby state park for year round adventure. Award winning golf course and casino nearby too! Whether you're looking for a full time residence, or weekend getaway, this home offers a relaxed lifestyle in a sought-after location close to one of Minnesota's most iconic lakes.

Last Agent to Sell the Property

Sherry Zupancich Anderson

Vermilion Land Office, Inc. Listed on: 02/11/2026

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $315

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 140x50
  • Privacy Fence
  • Wood Fence
  • Few Trees

Parking

  • Open Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement
  • Basement Window Egress

Utilities

  • No Cooling
  • Forced Air Heating System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Tower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 080001002790

Home Details

Home Type

Single Family

Est. Annual Taxes

$315

Year Built

Built in 1941

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Outside Features: Vinyl
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1941
  • Above Grade Finished Sq Ft: 876
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • FireNumber: 508
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Full, Unfinished
  • Appliances: Dryer, Electric Water Heater, Fuel Tank - Owned, Range, Refrigerator, Washer
  • Living Area: 989
  • Fireplace: No
  • Below Grade Finished Sq Ft: 113
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Fencing: Privacy, Wood
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Gravel, Open

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement, Electric Dryer Hookup, Lower Level, Washer Hookup
  • Fuel: Propane
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictPhone: 2187498130

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 140x50
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 080001002790
  • Tax Annual Amount: 315
  • TaxWithAssessments: 400

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2026
Closed on
May 4, 2026
Sold by
Bought by
Seller's Agent
Sherry Zupancich Anderson
Vermilion Land Office, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$99,900
Sold Price
$89,000
Premium/Discount to List
-$10,900
-10.91%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Original Mortgage
$89,898
Outstanding Balance
$89,815
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$424

Purchase Details

Closed on
Feb 25, 2025
Sold by
Bought by

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
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2017
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 2006
Sold by
Bought by

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
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $89,000 All American Title Company
Quit Claim Deed $500 All American Title Company
Warranty Deed $45,000 All American Title Co Inc
Warranty Deed $55,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $89,898 New Conventional
Previous Owner $47,000 New Conventional
Previous Owner $49,500 Unknown
Closed $0 Closed End Mortgage
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/04/2026 05/04/26 Sold $89,000 0.0% $90 / Sq Ft
02/24/2026 02/24/26 Price Changed $89,000 -10.9% $90 / Sq Ft
02/11/2026 02/11/26 For Sale $99,900 -- $101 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $400 $76,300 $6,000 $70,300
2023 $538 $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

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7020701

NorthstarMLS

APN: 080001002790

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