NOT LISTED FOR SALE

5378 Ely Island S Tower, MN 55790

Estimated Value: $289,000 - $470,000

3 Beds
2 Baths
1,312 Sq Ft
$286/Sq Ft Est. Value

Last Sold March 21, 2017

Last sale price $250,000 $191 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,297/month

Highlights

  • Deck
  • Baseboard Heating
  • Wood Burning Fireplace

About This Home

As of March 2017

Furnished Ely Island Retreat W/Park Like Grounds, Rock Outcroppings, Sandy Swimming Cove/Great Floatplane Harbor Set On 3.5 Acres & Apx 469Ft South Facing Shoreline On Lake Vermilion, Short Boat Ride To Town—Just 1.5 Miles Across Calm Water To Stuntz Bay. 1312 SF, 3BR/2BTH cedar sided home. Vaulted great rm w/wood burning stove, 2 sets of glass doors open to view & huge wrap around deck. Modern kitchen w/sit around center island open to great rm & view. 2 main flr BRs. Main flr BTH w/tub. Spacious loft w/2nd BTH has room for 2 beds or 1 king. Trails lead to guest cabin, fire ring on rock outcropping at waters edge, sandy swimming cove, dock. Pick berries, watch eagles, listen to loon calls, catch fish off your dock, kick back around a fire at waters edge, relax & enjoy the moon rise!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 03/08/2017

Last Buyer's Agent

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 03/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1987

Lot Details

  • 3.46 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 270-0116-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,204

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Wood, Electric, Baseboard
  • Irregular Lot Size: Yes
  • Lvt Date: 09/21/2016
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 270-0116-00060
  • Patioporch: Deck
  • Real Estate Tax: 2204.00
  • Style: 1 1/2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1312
  • Bedroom 1: Size: 13x10, On Level: Main
  • Total Bathrooms: 2
  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: Block, Crawl
  • Bedroom 2: Size: 12x10, On Level: Main
  • Bedroom 3: Bedroom 3, Size: 15x12.5, On Level: Upper
  • Dining Room: Size: 13x10, On Level: Main
  • Fireplace: 1 Fireplace, Free Standing, Wood Burning
  • Kitchen: Size: 10x9, On Level: Main
  • Living Room: Size: 15.5x12, On Level: Main
  • Main Level Bedrooms: 2

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Utilities

  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 420x311
  • Number Of Acres: 3.46
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Mar 21, 2017
Sold by
Shadduck Robert N and Shadduck Charlotte A
Bought by
Hoffman John R and Hoffman Alison A
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Lisa Janisch
Janisch Realty Inc
Sold Price
$250,000
Current Estimated Value
$374,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,677
Avg. Annual Appreciation
4.81%
Source: Public Records

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
Hoffman John R $250,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2017 03/21/17 Sold $250,000 -- $191 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
Source: Range Association of REALTORS®

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 $3,914 $332,900 $161,500 $171,400
2023 $3,914 $284,100 $134,200 $149,900
2022 $3,460 $284,100 $134,200 $149,900
2021 $3,416 $237,900 $114,800 $123,100
2020 $3,718 $237,900 $114,800 $123,100
2019 $3,614 $255,600 $160,500 $95,100
2018 $2,286 $256,000 $160,900 $95,100
2017 $2,244 $159,800 $88,000 $71,800
2016 $2,226 $157,300 $85,500 $71,800
2015 $2,443 $160,300 $77,200 $83,100
2014 $2,443 $160,300 $77,200 $83,100
Source: Public Records

Agents Affiliated with this Home

  • Lisa Janisch

    Seller's Agent in 2017

    Lisa Janisch

    Janisch Realty Inc

    (218) 780-6644

    309 Total Sales

    Lisa Janisch
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Map

Source: Range Association of REALTORS®

MLS Number: 130539

Range Association of REALTORS®

APN: 270011600060

Minnesota St Louis County Tower 55790

5378 Ely Island S, Tower, MN

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