Estimated Value: $319,445 - $371,000
2
Beds
1
Bath
960
Sq Ft
$355/Sq Ft
Est. Value
About This Home
This home is located at 5125 Lake Vermilion N, Tower, MN 55790 and is currently estimated at $340,611, approximately $354 per square foot. 5125 Lake Vermilion N is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2017
Sold by
Anderson Kenton
Bought by
Welch Mark R and Welch Nicole L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Welch Mark R | $125,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Welch Mark R | $100,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,156 | $181,800 | $90,300 | $91,500 |
| 2023 | $2,156 | $181,800 | $90,300 | $91,500 |
| 2022 | $2,332 | $181,800 | $90,300 | $91,500 |
| 2021 | $2,300 | $160,100 | $80,400 | $79,700 |
| 2020 | $2,408 | $160,100 | $80,400 | $79,700 |
| 2019 | $2,324 | $168,900 | $107,800 | $61,100 |
| 2018 | $2,104 | $168,300 | $107,200 | $61,100 |
| 2017 | $2,104 | $150,100 | $102,200 | $47,900 |
| 2016 | $2,084 | $147,600 | $99,700 | $47,900 |
| 2015 | $3,014 | $183,700 | $106,700 | $77,000 |
| 2014 | $3,014 | $196,500 | $116,500 | $80,000 |
Source: Public Records
Map
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