NOT LISTED FOR SALE

5432 Ely Island S Tower, MN 55790

Estimated Value: $282,000 - $393,894

3 Beds
1 Bath
800 Sq Ft
$396/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $130,000 $162 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,937/month

Highlights

  • Deck
  • Screened Patio
  • Heating Available
  • Porch
  • Wood Burning Fireplace

About This Home

As of October 2012

LAKE VERMILION seasonal cabin on South Shore of Ely Island on approx 3 acre parcel & 797' meandering shoreline with COMPLIANT Septic inspected July 2012! Cabin has a lakeside deck, screen porch, living room w/natural rock fireplace vaulted ceiling w/open beams, a main floor bedroom & 2 add'l bedrooms in loft. A natural point creats a safe harbor w/sand beach hard to find on Lake Vermilion!

Last Agent to Sell the Property

Betsy Clark

Northwoods Land Office License #20337324 Listed on: 09/21/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1950

Lot Details

  • 3 Acre Lot
  • Irregular Lot
  • Property is zoned SMU11

Interior Spaces

  • 800 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating Available
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 270-20-1442

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,093

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Heat: Electric
  • Irregular Lot Size: Yes
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 270-20-1442
  • Patioporch: Deck, Porch, Screened
  • Real Estate Tax: 3092.62
  • Style: 1 1/2 Story
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 800
  • Bedroom 1: Size: 10x12, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Refrigerator
  • Basement: Crawl
  • Bedroom 2: Size: 10x10, On Level: Upper
  • Bedroom 3: Bedroom 3, Size: 10x10, On Level: Upper
  • Dining Room: Size: 10x10, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 10x10, On Level: Main
  • Living Room: Size: 10x12, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Screen Por, Size: 8x14, On Level: Main

Exterior Features

  • Exterior: Wood

Utilities

  • Cooling: Window Unit
  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 797x512
  • Number Of Acres: 3
  • Zoning: SMU11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2012
Closed on
Oct 29, 2012
Sold by
Roddy Claire
Bought by
Kultala Kenneth L and Kultala Wayne D
Seller's Agent
Betsy Clark
Northwoods Land Office
Sold Price
$130,000
Current Estimated Value
$316,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,974
Avg. Annual Appreciation
7.07%
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
Kultala Kenneth L $130,000 Up North Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold $130,000 -- $163 / Sq Ft
09/21/2012 09/21/12 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 $3,244 $275,300 $184,800 $90,500
2023 $3,244 $232,300 $153,000 $79,300
2022 $2,844 $232,300 $153,000 $79,300
2021 $2,806 $195,400 $130,300 $65,100
2020 $2,834 $195,400 $130,300 $65,100
2019 $2,748 $195,000 $138,400 $56,600
2018 $2,512 $195,200 $138,600 $56,600
2017 $2,470 $175,400 $130,400 $45,000
2016 $2,454 $172,900 $127,900 $45,000
2015 $2,172 $143,100 $103,400 $39,700
2014 $2,172 $143,100 $103,400 $39,700
Source: Public Records

Agents Affiliated with this Home

  • Betsy Clark

    Seller's Agent in 2012

    Betsy Clark

    Northwoods Land Office

    (218) 290-3619

    222 Total Sales

    Betsy Clark
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 118024

Range Association of REALTORS®

APN: 270002001442

Minnesota St Louis County Tower 55790

5432 Ely Island S, 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.

Range Association of REALTORS® 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