NOT LISTED FOR SALE

5228 Soderberg Island Tower, MN 55790

Estimated Value: $1,441,000 - $1,493,000

3 Beds
2 Baths
2,552 Sq Ft
$574/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $1,450,000 $568 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,905/month

10 Days on Market

Highlights

  • 1,560 Feet of Waterfront
  • Main Floor Primary Bedroom
  • No HOA
  • Deck
  • Loft
  • The kitchen features windows

About This Home

As of September 2024

Whole Private Island, Lake Vermilion! Secluded Yr Round Voyageur Log Home In Towering Pines, Short Boat Ride Across Calm Water To Town—Less Than Half Mile To Stuntz Bay. Located in an area of breathtaking scenery east of Ely Island where there are sparkling bright blue bays created by dozens of small islands & miles of picturesque mainland coastline, which is the State Park. 2552SF, 3BR/2BTH Main Cabin, Guest Cabin, Sauna, Treehouse Gazebo, 4 Dock Wharf w/outdoor music, 4 acres, 1560 ft lakeshore. Stainless/granite kitchen w/island open to great rm w/log trussed vaulted ceiling, engineered wood flrs, massive stone wd burning fireplace, walls of Marvin windows showcase mesmerizing 360 degree blue water vistas, glass doors open to spacious wrap around maint free sky deck, bedrooms open to sounds of water lapping shore. Gradual, park like grounds w/rock outcroppings, cart path to the door. Permanent electricity plus back up generator. Economical off peak Steffes heat. Cent air. Swim or catch Walleyes right off your dock, relax & enjoy unrestricted views across the water!

Last Listed By

Lisa Janisch

Janisch Realty, Inc Listed on: 08/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,529

Year Built

  • Built in 2007

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 672x313
  • 1,560 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Home Design

  • Log Siding

Interior Spaces

  • 2,552 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Basement

  • Stone or Rock in Basement
  • Crawl Space

Outdoor Features

  • Boundary Waters Canoe Area Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • The lake is a source of water for the property
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Breitung Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 270002001940

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,529

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: Other
  • Fireplaces: 1
  • Water Source: Lake Water
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 2552
  • Water Body Name: Vermilion
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Satellite
  • FoundationDimensions: 59x43
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Stone/Rock
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area: 2552
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: East, Lake, North, Panoramic, South, West
  • Other Structures: Bunk House, Boat House, Sauna
  • ConstructionMaterialsDesc: Log
  • PatioPorchType: Deck
  • Lake Acres: 39272
  • Lake Bottom: Gravel,Rocky
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 40+
  • Waterfront Frontage: 1560

Garage/Parking

  • Parking Features: Other

Utilities

  • Heating: Dual, Forced Air
  • Sewer: Private Sewer
  • Electric: 200+ Amp Service
  • Fuel: Electric
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View,Sauna,Boat Slip,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictNumber: 2142
  • SchoolDistrictPhone: 218-749-8130

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 672x313
  • Lot Size Sq Ft: 174240
  • Land Lease: No
  • Lot Features: BWCA Access, Irregular Lot, Island/Peninsula, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 270002001940
  • Tax Annual Amount: 9529
  • TaxWithAssessments: 9614.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 9, 2024
Sold by
Lewis Kyle M and Lewis Debra J
Bought by
Sunset Haze And Powder Days Trust
Seller's Agent
Lisa Janisch
Janisch Realty, Inc
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Total Days on Market
10
Views
3
Current Estimated Value
$1,464,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,275
Avg. Annual Appreciation
1.52%

Purchase Details

Closed on
Jul 17, 2006
Sold by
Soderberg Dale Thomas and Soderberg Julie Ann
Bought by
Lewis Kyle M and Lewis Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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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
Sunset Haze And Powder Days Trust $1,450,000 Rochester Title
Lewis Kyle M $330,000 Rels Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Kyle M $288,500
Previous Owner Lewis Kyle M $200,000
Previous Owner Lewis Kyle M $320,000
Previous Owner Lewis Kyle M $205,000
Previous Owner Lewis Kyle M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $1,450,000 -3.3% $568 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $1,500,000 -- $588 / Sq Ft
Source: NorthstarMLS

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 $9,442 $746,200 $212,800 $533,400
2022 $9,614 $746,200 $212,800 $533,400
2021 $9,888 $651,600 $186,800 $464,800
2020 $8,168 $651,600 $186,800 $464,800
2019 $7,942 $548,300 $219,100 $329,200
2018 $6,738 $548,000 $218,800 $329,200
2017 $6,688 $466,400 $208,100 $258,300
2016 $6,714 $463,900 $205,600 $258,300
2015 $10,095 $600,700 $174,400 $426,300
2014 $10,095 $616,500 $190,200 $426,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6577398

NorthstarMLS

APN: 270002001940