Seller's Agent in 2024
Sherry Zupancich Anderson
Vermilion Land Office Inc
(218) 780-1071
198 Total Sales
Estimated Value: $294,350 - $346,000
2
Beds
1
Bath
882
Sq Ft
$352/Sq Ft
Est. Value
About This Home
As of September 2024Discover the unparalleled serenity of Lake Vermilion's Ely Island with this charming cabin retreat nestled on 1.64 acres with 230' of shoreline. An open-concept loft design with large windows allows for abundant natural light and breathtaking lake views. A spacious deck offers the perfect setting for outdoor dining, relaxation and entertaining. The cabin includes a boat house that is currently used for storage but could easily be converted back to a boat house. The cabin is fully insulated. Two docks. Boat lift included. Easy boat access from several public boat launches. Embrace the simplicity and tranquility of island living in this Northern Minnesota cabin retreat. Don't miss out on this gem...schedule your private tour today!
Last Listed By
Vermilion Land Office Inc License #40026207 Listed on: 05/22/2024
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,878
Year Built
1994
Lot Details
0
Listing Details
- Class: Residential
- Construction: Wood Frame
- Heat: Wood, Electric, Baseboard
- Lvt Date: 05/22/2024
- Main Level Bathrooms: .5
- Number Of Bedrooms: 2
- Parcel Code Number: 270-0116-00040
- Patioporch: Deck
- Real Estate Tax: 2437
- Style: One Story And A Loft
- Total Above Grade Sq Ft: 882
- Type: Residential
- Upper Level Bedrooms: 1
- Year Built: 1994
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Total Finished Sq Ft: 882
- Bedroom 1: Size: 11.7x11.7, On Level: Main
- Total Bathrooms: 0.5
- Appliances: Microwave, Refrigerator, Washer, Gas Range
- Bedroom 2: Size: 15x13, On Level: Upper
- Dining Room: Size: Comb, On Level: Main
- Fireplace: 1 Fireplace, Free Standing, Wood Burning
- Kitchen: Size: 13.11x10, On Level: Main
- Living Room: Size: 27.5x15.3, On Level: Main
- Main Level Bedrooms: 1
- Main Level Sq Ft: 784
- Upper Level Sq Ft: 98
Exterior Features
- Exterior: Aluminum
- Roof: Asphalt, Shingle
Utilities
- Cooling: Window Unit
- Utilities: Septic, Lake Water System
Schools
- School District: St.Louis County-2142
Lot Info
- Lot Size: Dimensions: 424x230
- Number Of Acres: 1.67
- Zoning: RES
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2024
Closed on
Aug 30, 2024
Sold by
Carlon Lyle Emmet
Bought by
Dirks Robert G and Dirks Kimberly R
Seller's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
Buyer's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
List Price
$349,900
Sold Price
$295,000
Premium/Discount to List
-$54,900
-15.69%
Total Days on Market
76
Views
28
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
$15,338
Avg. Annual Appreciation
7.86%
Original Mortgage
$295,000
Outstanding Balance
$293,099
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$17,239
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 |
|---|---|---|---|
| Dirks Robert G | $295,000 | All American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dirks Robert G | $295,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2024 09/05/24 | Sold | $295,000 | -15.7% | $334 / Sq Ft |
| 08/06/2024 08/06/24 | Pending | -- | -- | -- |
| 05/22/2024 05/22/24 | For Sale | $349,900 | -- | $397 / Sq Ft |
Source: Range Association of 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 | $2,878 | $209,600 | $89,000 | $120,600 |
| 2022 | $2,522 | $209,600 | $89,000 | $120,600 |
| 2021 | $2,526 | $175,900 | $76,800 | $99,100 |
| 2020 | $2,254 | $175,900 | $76,800 | $99,100 |
| 2019 | $2,144 | $156,600 | $78,600 | $78,000 |
| 2018 | $1,902 | $156,200 | $78,200 | $78,000 |
| 2017 | $1,856 | $135,800 | $73,800 | $62,000 |
| 2016 | $1,238 | $133,300 | $71,300 | $62,000 |
| 2015 | $1,033 | $91,400 | $43,100 | $48,300 |
| 2014 | $1,033 | $91,400 | $43,100 | $48,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sherry Zupancich Anderson
Map
Similar Homes in Tower, MN
Source: Range Association of REALTORS®
MLS Number: 146721
APN: 270011600040
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