NOT LISTED FOR SALE

514 2nd St N Tower, MN 55790

Estimated Value: $79,000 - $118,093

3 Beds
1 Bath
1,024 Sq Ft
$98/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $50,000 $49 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $659/month

228 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Forced Air Heating System
  • Porch
  • Bathroom on Main Level
  • Dining Room

About This Home

As of July 2020

Affordable 3 BR home conveniently located close to the school, shopping, post office. Features new furnace, maintenance-free siding. Open Dining room/living room. Dining Room has large bay window. Only a short distance to Lake Vermilion's public beach and boat landing.

Last Agent to Sell the Property

Sherry Zupancich Anderson

Vermilion Land Office, Inc Listed on: 10/25/2019

Last Buyer's Agent

Sherry Zupancich Anderson

Vermilion Land Office, Inc Listed on: 10/25/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $508

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 140x50

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 080-0010-02250

Home Details

Home Type

Single Family

Est. Annual Taxes

$508

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 53 North to Hwy 169 to Tower, turn left on Birch Street, turn right onto 2nd Street North to house number & sign.
  • L O1 Office Phone1 Number: 218-753-8985
  • List Price/ Sq Ft: 48.83
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 20209
  • Twp Number: 62
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1024
  • Garage Type: None
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1900
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Bathroom 1 Level: 1
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Porch
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1024
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street, Street, Driveway - Gravel

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: 2019-10-25
  • Estimated Lot Dimensions: 140x50
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 080-0010-02250

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Jul 10, 2020
Sold by
Koivisto Amanda J
Bought by
Sunsdahl Casey and Sunsdahl Jennifer
Seller's Agent
Sherry Zupancich Anderson
Vermilion Land Office, Inc
Buyer's Agent
Sherry Zupancich Anderson
Vermilion Land Office, Inc
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$100,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,273
Avg. Annual Appreciation
9.54%
Original Mortgage
$40,000
Outstanding Balance
$35,862
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$44,605

Purchase Details

Closed on
Aug 30, 2004
Sold by
Winkelaar Karel and Winkelaar Brenda
Bought by
Koivisto Amanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 27, 2002
Sold by
Mickle Corey and Mickle Corey L
Bought by
Winkelaar Karel and Ellison William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.39%
Source: Public Records

Range of Values:

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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
Sunsdahl Casey $50,000 None Available
Koivisto Amanda J $53,000 --
Winkelaar Karel $25,500 Consolidated Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunsdahl Casey $40,000
Previous Owner Koivisto Amanda J $53,000
Previous Owner Winkelaar Karel $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $50,000 0.0% $49 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
10/25/2019 10/25/19 For Sale $50,000 -- $49 / 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 $1,526 $75,000 $5,400 $69,600
2022 $1,222 $63,500 $5,400 $58,100
2021 $508 $55,400 $4,700 $50,700
2020 $578 $55,400 $4,700 $50,700
2019 $488 $62,200 $4,700 $57,500
2018 $500 $58,300 $4,500 $53,800
2017 $502 $58,300 $4,500 $53,800
2016 $488 $58,300 $4,500 $53,800
2015 $451 $35,000 $2,700 $32,300
2014 $451 $35,000 $2,700 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6087097

APN: 080001002250

Minnesota St Louis County Tower 55790

514 2nd St N, Tower, MN

This home is located at 514 2nd St N, Tower, MN 55790 since 25 October 2019 and is currently estimated at $100,273, approximately $97 per square foot. This property was built in 1900. 514 2nd St N is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School and Vermilion Country School.

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