NOT LISTED FOR SALE

5154 5154 Ely Island Tower, MN 55709

Estimated Value: $309,000 - $327,000

2 Beds
1 Bath
640 Sq Ft
$496/Sq Ft Est. Value

About This Home

This home is located at 5154 5154 Ely Island, Tower, MN 55709 and is currently estimated at $317,603, approximately $496 per square foot. 5154 5154 Ely Island 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
Oct 18, 2021
Sold by
Suri Rakesh M
Bought by
Suri Rakesh M and The Rakesh M Suri Trust
Current Estimated Value
$317,603

Purchase Details

Closed on
Aug 24, 2010
Sold by
Bayview Loan Servicing Llc
Bought by
Suri Rakesh M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.54%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 4, 2009
Sold by
Mellesmoen Joan and Mellesmoen Gary C
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Sep 9, 2004
Sold by
Peitso Delores A
Bought by
Mellesmoen Gary C and Mellesmoen Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2002
Sold by
Peitso Delores A
Bought by
Peitso Mark Shawn
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Suri Rakesh M -- None Available
Suri Rakesh M $127,000 Ne Title
Bayview Loan Servicing Llc $152,100 None Available
Mellesmoen Gary C $250,000 Ati
Peitso Mark Shawn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Suri Rakesh M $150,000
Previous Owner Mellesmoen Gary C $225,000
Source: Public Records

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 $2,656 $224,800 $141,200 $83,600
2023 $2,656 $191,100 $118,000 $73,100
2022 $2,354 $191,100 $118,000 $73,100
2021 $2,330 $161,600 $101,500 $60,100
2020 $2,266 $162,100 $101,500 $60,600
2019 $2,188 $156,000 $105,100 $50,900
2018 $1,992 $155,900 $105,000 $50,900
2017 $1,952 $139,600 $99,100 $40,500
2016 $1,930 $137,100 $96,600 $40,500
2015 -- $118,400 $84,900 $33,500
2014 -- $117,700 $84,900 $32,800
Source: Public Records

Map

Minnesota St Louis County Tower 55709

5154 5154 Ely Island, Tower, MN

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