NOT LISTED FOR SALE

5441 Ely Island Tower, MN 55790

Estimated Value: $227,064 - $462,000

2 Beds
-- Bath
448 Sq Ft
$766/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2021

Last sale price $150,000 $335 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,967 / mo

146 Days on Market

Highlights

  • 16.5 Acre Lot
  • 1-Story Property
  • Wood Burning Fireplace
  • Deck

About This Home

As of October 2021

ONE OF BEST VIEWS ON LAKE VERMILION IF NOT THE BEST.16.5 ACRES ,375 FT OF LAKESHORE FACING WEST OVER LOOKING BIG BAY.RUSTIC 2 BEDROOM CABIN BUILT 1950'S.IF YOUR LOOKING FOR A DREAM BUILDING SITE IN FUTURE THE CABIN IS A START OF YOUR JOURNEY. TRANSFORMER ON PROPERTY PROCESS OF HOOKING UP .FAR FROM TURN KEY, POTENTIAL TO THE STARS!! CALL FOR MORE INFO TOO MUCH TO SHARE DON'T WANT TO BURST ANYONE'S DREAM.

Last Agent to Sell the Property

Ron Lockhart

1ST Realty Rangewide Inc License #20464706 Listed on: 05/15/2021

Last Buyer's Agent

Steven Baker

B.I.C. Realty License #40733914

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1958

Lot Details

  • 16.5 Acre Lot
  • Property is zoned RR

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 2 Bedrooms
  • 448 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Range

Additional Features

  • Deck
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 270-0020-01426

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 1958

Lot Details

16.5 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Wood
  • Lvt Date: 05/15/2021
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 2
  • Parcel Code Number: 270-0020-01426
  • Patioporch: Deck
  • Real Estate Tax: 1142
  • Style: One Story
  • Type: Residential
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 448
  • Bedroom 1: Size: 10 X10, On Level: Main
  • Appliances: Gas Range
  • Bedroom 2: Size: 10X10, On Level: Main
  • Fireplace: Wood Burning
  • Kitchen: Size: 10 X12, On Level: Main
  • Living Room: Size: 12 X12, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: LV ROOM, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Rubber

Lot Info

  • Lot Size: Dimensions: 1320x375
  • Number Of Acres: 16.5
  • Zoning: RR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Oct 21, 2021
Sold by
Lockhart Ronald L and Lockhart Deborah
Bought by
Lofgren Jesse
Seller's Agent
Ron Lockhart
1ST Realty Rangewide Inc
Buyer's Agent
Steven Baker
B.I.C. Realty
List Price
$209,000
Sold Price
$150,000
Premium/Discount to List
-$59,000
-28.23%
Current Estimated Value
$343,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,016
Avg. Annual Appreciation
20.03%

Purchase Details

Closed on
Oct 15, 2004
Sold by
Avery Ray
Bought by
Irvine Christopher Keith and Irvine Jessica Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lofgren Jesse $150,000 None Available
Irvine Christopher Keith $120,000 Consolidated Title & Abstrac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $150,000 -24.6% $335 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $199,000 -4.8% $444 / Sq Ft
05/15/2021 05/15/21 For Sale $209,000 -- $467 / Sq Ft
Source: Range Association of REALTORS®

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 $1,776 $139,300 $124,200 $15,100
2023 $1,660 $116,500 $103,300 $13,200
2022 $1,159 $116,500 $103,300 $13,200
2021 $1,164 $85,000 $74,100 $10,900
2020 $1,144 $85,000 $74,100 $10,900
2019 $1,100 $84,000 $75,800 $8,200
2018 $1,032 $83,700 $75,500 $8,200
2017 $1,054 $77,600 $71,100 $6,500
2016 $1,024 $75,100 $68,600 $6,500
2015 $1,094 $74,600 $62,600 $12,000
2014 $1,094 $74,600 $62,600 $12,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ron Lockhart

    1ST Realty Rangewide Inc

    Section Image
  • Steven Baker

    Buyer's Agent in 2021

    Steven Baker

    B.I.C. Realty

    (763) 238-3833

    27 Total Sales

    Steven Baker
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 141352

Range Association of REALTORS®

APN: 270002001426

Minnesota St Louis County Tower 55790

5441 Ely Island, 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.

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