Estimated Value: $261,000 - $602,000
2
Beds
1
Bath
1,205
Sq Ft
$386/Sq Ft
Est. Value
About This Home
This home is located at 5385 Lake Vermilion N, Tower, MN 55790 and is currently estimated at $464,794, approximately $385 per square foot. 5385 Lake Vermilion N is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 7, 2011
Sold by
Sullivan James C and Sullivan Elizabeth C
Bought by
Sw2 Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$120,223
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$344,571
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sw2 Llc | $270,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sw2 Llc | $170,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2024 | $2,986 | $305,100 | $99,400 | $205,700 |
| 2023 | $2,986 | $286,300 | $94,700 | $191,600 |
| 2022 | $2,036 | $272,600 | $90,900 | $181,700 |
| 2021 | $2,034 | $166,500 | $41,000 | $125,500 |
| 2020 | $1,764 | $166,500 | $41,000 | $125,500 |
| 2019 | $1,746 | $142,400 | $29,900 | $112,500 |
| 2018 | $1,432 | $142,700 | $30,200 | $112,500 |
| 2017 | $1,166 | $115,300 | $28,400 | $86,900 |
| 2016 | $366 | $96,600 | $28,400 | $68,200 |
| 2015 | $1,323 | $106,800 | $51,400 | $55,400 |
| 2014 | $1,323 | $106,800 | $51,400 | $55,400 |
Source: Public Records
Map
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