NOT LISTED FOR SALE

512 N 2nd St Tower, MN 55790

Estimated Value: $108,000 - $139,137

2 Beds
1 Bath
1,188 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $67,500 $57 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $721/month

316 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Living Room
  • Sun or Florida Room
  • Porch
  • Bathroom on Main Level

About This Home

As of March 2018

Cozy two bedroom year-round home located only a short distance from Lake Vermilion, downtown, hiking and biking trails, public beach, and other local amenities. The home features a gas fireplace in the living room, and a free standing gas fireplace in the finished porch. Ductless air for those few hot days of summer. Would make a great cabin for those looking for seasonal use.

Last Agent to Sell the Property

Steve Aberhamson

Vermilion Land Office, Inc Listed on: 03/23/2017

Last Buyer's Agent

Steve Aberhamson

Vermilion Land Office, Inc Listed on: 03/23/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 140x75

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Fiber Board Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,188 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 080-0010-02230

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 53 North to Hwy 169 to Tower, left on Birch Street, turn right on North 2nd Street to address & sign. Property on right.
  • L O1 Office Phone1 Number: 218-753-8985
  • List Price/ Sq Ft: 56.82
  • Road Maintenance: See Remarks
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • Twp Number: 62
  • Lot Description Waterfront: No
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Garage Door Opener, Main Floor Laundry
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Modular
  • FinFootageAboveGrade: 1188
  • Garage Type: Detached
  • Heat: Baseboard, Propane, Electric
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1960
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: Other
  • Estimated Basement Sq Ft: 1188
  • Basement Style: Crawl Space
  • Bathroom 1 Level: 1
  • Bathroom Description: Full Main Floor
  • Extra Rooms: Sunrm/Solarium
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Sunroom/Solarium
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1188
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Fiber Board, Wood

Garage/Parking

  • Parking Driveway: Off Street, Street
  • Garage Capacity: 1

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2018-03-30
  • Estimated Lot Dimensions: 140x75
  • Estimated Number of Acres: 0.24
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Telephone
  • Parcel Number: 080-0010-02230

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Mar 26, 2018
Sold by
Golden Alfred L
Bought by
Thompson Randy Dean
Seller's Agent
Steve Aberhamson
Vermilion Land Office, Inc
Buyer's Agent
Steve Aberhamson
Vermilion Land Office, Inc
List Price
$67,500
Sold Price
$67,500
Current Estimated Value
$124,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,534
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Jul 7, 2017
Sold by
Golden Alfred L
Bought by
Golden Alfred L

Purchase Details

Closed on
Jun 15, 2007
Sold by
Swift Esther M
Bought by
Golden Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2007
Sold by
Swift John A and Swift Rita E
Bought by
Swift Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2003
Sold by
Hanson John Iver and Hanson Kathleen M
Bought by
Swift John A and Swift Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.33%
Mortgage Type
Unknown
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
Thompson Randy Dean $67,500 Up North Title
Golden Alfred L -- None Available
Golden Alfred $90,000 Rels Title
Swift Esther M -- Rels Title
Swift John A $78,000 Ati
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golden Alfred $69,000
Previous Owner Swift John A $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $67,500 0.0% $57 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
03/23/2017 03/23/17 For Sale $67,500 -- $57 / Sq Ft
Source: Lake Superior Area 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 $764 $94,000 $8,100 $85,900
2022 $682 $79,900 $8,100 $71,800
2021 $694 $69,700 $7,000 $62,700
2020 $766 $69,700 $7,000 $62,700
2019 $646 $76,500 $7,000 $69,500
2018 $660 $71,000 $6,700 $64,300
2017 $660 $71,000 $6,700 $64,300
2016 $644 $71,000 $6,700 $64,300
2015 $784 $52,200 $4,300 $47,900
2014 $784 $52,200 $4,300 $47,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6027579

APN: 080001002230