NOT LISTED FOR SALE

512 N Second St Tower, MN 55790

Estimated Value: $110,000 - $127,014

2 Beds
1 Bath
1,188 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 30, 2018

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

Est. 78% increase in value since last sale

Current estimated payment $693/month

323 Days on Market

Highlights

  • Multiple Fireplaces
  • 1-Story Property
  • Heating Available
  • Enclosed Patio or Porch

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 License #20306944 Listed on: 03/16/2017

Last Buyer's Agent

Steve Aberhamson

Vermilion Land Office Inc License #20306944 Listed on: 03/16/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned R-3

Home Design

  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 080-0010-02230

Home Details

Home Type

Single Family

Est. Annual Taxes

$660

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Modular
  • Guttering: Partial, Yes
  • Heat: Electric
  • Lvt Date: 03/16/2017
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 080-0010-02230
  • Patioporch: Porch, Enclosed
  • Real Estate Tax: 660
  • Style: One Story
  • Type: Residential
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1188
  • Bedroom 1: Size: 9.5x12, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Garage Opener, Hood, Microwave, Refrigerator, Washer, Elec. Dryer
  • Basement: Crawl
  • Bedroom 2: Size: 11.5x14.5, On Level: Main
  • Dining Room: Size: 8.5x10, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Gas Log
  • Kitchen: Size: 8.5x9.5, On Level: Main
  • Living Room: Size: 15.5x16, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 3: sun porch, Size: 12x19, On Level: Main

Exterior Features

  • Exterior: Hard Board, Wood
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 18x20

Utilities

  • Cooling: Ductless Air
  • Utilities: City Water, City Sewer
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 140x75
  • Number Of Acres: 0.24
  • Zoning: R-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 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
$72,500
Sold Price
$67,500
Premium/Discount to List
-$5,000
-6.9%
Current Estimated Value
$120,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,504
Avg. Annual Appreciation
7.71%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $67,500 -6.9% $57 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
03/16/2017 03/16/17 For Sale $72,500 -- $61 / 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
2024 $764 $104,900 $8,900 $96,000
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

  • S

    Seller's Agent in 2018

    Steve Aberhamson

    Vermilion Land Office Inc

    (218) 780-4769

    26 Total Sales

    Steve Aberhamson
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Map

Source: Range Association of REALTORS®

MLS Number: 131448

Range Association of REALTORS®

APN: 080001002230

Minnesota St Louis County Tower 55790

512 N Second St, Tower, MN

Not Listed for Sale

Detached

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