Seller's Agent in 2015
Barbara Hegg
Vermilion Land Office, Inc
(218) 742-2369
221 Total Sales
Estimated Value: $412,000 - $862,000
3
Beds
2
Baths
1,508
Sq Ft
$425/Sq Ft
Est. Value
Highlights
- 226 Feet of Waterfront
- Sauna
- Main Floor Primary Bedroom
- Docks
- Lake View
- Den
About This Home
As of December 2015Warm and sunny with southern exposure, this Lake Vermilion property is what you've been searching for. Year-round 3 BR, 2 bath cabin is in "move-in" condition. Open floor plan with large kitchen/dining area onto a patio area through glass doors. Living room with black ash tongue & groove paneling, a wood-burning fireplace, main floor laundry, bathroom and bedroom. Upper level includes 2 BRs, bathroom, office and reading area with incredible big water views!! Electric off-peak heat with propane back-up make it a very affordable winter retreat. Outside sauna, storage shed and 226' of prime lakeshore and sandy swimming area completes this most desirable lake property. Northing to do but fish off your dock!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,090
Year Built
- Built in 2007
Lot Details
- 1.6 Acre Lot
- Lot Dimensions are 385x194
- 226 Feet of Waterfront
- Property fronts a county road
- Irregular Lot
- Landscaped with Trees
Home Design
- Slab Foundation
- Poured Concrete
- Asphalt Shingled Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,508 Sq Ft Home
- Multi-Level Property
- Wood Burning Fireplace
- Living Room
- Den
- Sauna
- Lake Views
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- No Garage
- Gravel Driveway
Outdoor Features
- Docks
- Patio
- Storage Shed
Utilities
- No Cooling
- Dual Heating Fuel
- Heating System Uses Propane
- Private Water Source
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 270-0074-00090
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2015
Closed on
Dec 18, 2015
Sold by
Anderson Timothy D and Anderson Harriet J
Bought by
Latz Frank A and Latz Shirley Ann
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc
Buyer's Agent
Blaine Olson
Vermilion Land Office, Inc
List Price
$350,000
Sold Price
$350,000
Total Days on Market
160
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,186
Avg. Annual Appreciation
6.64%
Original Mortgage
$280,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Latz Frank A | $350,000 | All American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Latz Frank A | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2015 12/18/15 | Sold | $350,000 | 0.0% | $232 / Sq Ft |
| 10/29/2015 10/29/15 | Pending | -- | -- | -- |
| 05/22/2015 05/22/15 | For Sale | $350,000 | -- | $232 / Sq Ft |
Source: Lake Superior Area REALTORS®
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 |
|---|---|---|---|---|
| 2023 | $5,074 | $402,600 | $250,800 | $151,800 |
| 2022 | $4,962 | $402,600 | $250,800 | $151,800 |
| 2021 | $4,898 | $341,400 | $214,900 | $126,500 |
| 2020 | $4,456 | $341,400 | $214,900 | $126,500 |
| 2019 | $4,070 | $306,100 | $203,800 | $102,300 |
| 2018 | $4,004 | $288,000 | $185,700 | $102,300 |
| 2017 | $3,996 | $278,200 | $185,700 | $92,500 |
| 2016 | $3,996 | $278,200 | $185,700 | $92,500 |
| 2015 | $4,469 | $275,400 | $155,400 | $120,000 |
| 2014 | $4,469 | $288,800 | $174,000 | $114,800 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Hegg
-
B
Buyer's Agent in 2015
Blaine Olson
Vermilion Land Office, Inc
Map
Similar Homes in Tower, MN
Source: Lake Superior Area REALTORS®
MLS Number: 6016861
APN: 270007400090