NOT LISTED FOR SALE

5218 5218 Ely Island-- Tower, MN 55790

Estimated Value: $537,793 - $665,000

2 Beds
1 Bath
1,508 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $280,000 $186 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,492/month

140 Days on Market

Highlights

  • Lake Front
  • Forced Air Heating System
  • Wood Burning Fireplace
  • 1-Story Property
  • Wood Siding

About This Home

As of May 2012

Secluded Island Retreat W/Panoramic Faraway Views Set In Towering Pines & Rock Outcroppings On Lake Vermilion, Short Boat Ride To Town--Just 1.5 Miles Across Calm Water To Stuntz Bay, BWCAW Access. 1508SF Retreat, 1252SF, 2 Bed Main Cabin

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc. Listed on: 12/20/2011

Last Buyer's Agent

Mark Miller

North Oaks Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,962

Year Built

  • 1990

Lot Details

  • 5.66 Acre Lot
  • Lot Dimensions are 635 x 384
  • Lake Front

Parking

  • Carport

Home Design

  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 1,508 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Range

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane

Listing and Financial Details

  • Assessor Parcel Number 270002001367

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,962

Year Built

1990

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 5.66
  • Assessment Balance: 19.72
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1508
  • Parcel Number: 270002001367
  • Projected Closed Date: 06/15/2012
  • Stories: 1 Story
  • Taxes With Assessments: 3506
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Room 1: Living Room, 26x16, On Level: Main
  • Room 4: Kitchen, 22x16, On Level: Main
  • Room 5: Bedroom, 14x13, On Level: Main
  • Room 6: Bedroom, 15x13, On Level: Main
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 1508
  • Total Fin Square Footage: 1508

Exterior Features

  • LakeAcres: 39272.25
  • Exterior: Wood
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Carport

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Forced Air

Schools

  • School District: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 635 x 384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2013
Sold by
Miller Mark and Miller Renee
Bought by
Trustee Of The Trust Agreement Of Mark M
Current Estimated Value
$585,198

Purchase Details

Listed on
Dec 20, 2011
Closed on
May 25, 2012
Sold by
Lillquist Timothy T and Lillquist Leigh
Bought by
Miller Mark and Miller Renee
Seller's Agent
Lisa Janisch
Janisch Realty Inc.
Buyer's Agent
Mark Miller
North Oaks Realty, LLC
List Price
$298,500
Sold Price
$280,000
Premium/Discount to List
-$18,500
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$224,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trustee Of The Trust Agreement Of Mark M -- None Available
Miller Mark $280,000 All Amer Hb
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Mark $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $280,000 -6.2% $186 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $298,500 -- $198 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,962 $423,000 $150,800 $272,200
2023 $4,962 $363,600 $125,600 $238,000
2022 $4,406 $363,600 $125,600 $238,000
2021 $4,350 $303,100 $107,600 $195,500
2020 $3,966 $303,100 $107,600 $195,500
2019 $3,848 $272,500 $112,900 $159,600
2018 $2,680 $272,500 $112,900 $159,600
2017 $2,638 $187,000 $106,400 $80,600
2016 $2,624 $184,500 $103,900 $80,600
2015 $2,357 $158,800 $84,800 $74,000
2014 $2,357 $154,800 $80,800 $74,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lisa Janisch

    Janisch Realty Inc.

  • M

    Buyer's Agent in 2012

    Mark Miller

    North Oaks Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4094538

REALTOR® Association of Southern Minnesota

APN: 270002001367

Minnesota St Louis County Tower 55790

5218 5218 Ely Island--, Tower, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes