NOT LISTED FOR SALE

5587 Wahlsten Rd Tower, MN 55790

Estimated Value: $107,000 - $219,000

2 Beds
1 Bath
896 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $93,500 $104 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $967/month

Highlights

  • 40 Acre Lot
  • Landscaped with Trees
  • Open Floorplan
  • Living Room
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2019

This all recreation property is "one of a kind!" Located only minutes from Lake Vermilion includes 40 acres with towering pines, ATV and hiking trails, shooting lanes, storage shed, and two bedroom hunting cabin. Private setting located off county maintained highway with electricity nearby. Cabin with generator, wood burning stove, propane heater, and a room for a future bathroom is ready to be enjoyed and start your hunting memories. Adjacent to hundreds of acres of public land. Park-like setting is ideal for year round home/cabin!

Last Agent to Sell the Property

Barbara Hegg

Vermilion Land Office, Inc Listed on: 08/26/2019

Last Buyer's Agent

Barbara Hegg

Vermilion Land Office, Inc Listed on: 08/26/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 2005

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320x1320
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Cabin
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2 Bedrooms
  • 896 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Open Floorplan

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Water Not Available
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number 410-0022-00670

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Tower, Hwy 135 approximately 5 miles to left on Wahlsten Road approximately 1/2 mile to Property on left #5587. Gate across driveway.
  • L O1 Office Phone1 Number: 218-753-8985
  • Road Maintenance: Public
  • Property Sub-Type: Seasonal
  • Tax Year: 2019
  • Twp Number: 61
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 896
  • Garage Type: None
  • Heat: Wood
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 2005
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: None
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Fin Square Footage: 896
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Lake Country Power
  • Sewer: None
  • Water: None

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 1320x1320
  • Estimated Number of Acres: 40
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 410-0022-00670

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Nov 20, 2019
Sold by
Ackerson Charles W and Ackerson Lynn Marie
Bought by
White Jesse Michael and White Chandra Lynn
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc
List Price
$93,500
Sold Price
$93,500
Current Estimated Value
$170,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,632
Avg. Annual Appreciation
10.19%
Original Mortgage
$84,150
Outstanding Balance
$69,991
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$100,141
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
White Jesse Michael $93,500 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Jesse Michael $84,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $93,500 0.0% $104 / Sq Ft
08/26/2019 08/26/19 For Sale $93,500 -- $104 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
Source: Lake Superior Area 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 $1,036 $112,500 $63,100 $49,400
2023 $1,036 $95,700 $52,600 $43,100
2022 $926 $91,800 $52,600 $39,200
2021 $758 $83,400 $44,700 $38,700
2020 $778 $67,500 $38,300 $29,200
2019 $808 $67,500 $38,300 $29,200
2018 $812 $67,500 $38,300 $29,200
2017 $972 $67,500 $38,300 $29,200
2016 $936 $80,800 $52,900 $27,900
2015 $689 $80,800 $52,900 $27,900
2014 $689 $59,200 $53,200 $6,000
Source: Public Records

Agents Affiliated with this Home

  • Barbara Hegg

    Seller's Agent in 2019

    Barbara Hegg

    Vermilion Land Office, Inc

    (218) 742-2369

    191 Total Sales

    Barbara Hegg
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6085871

APN: 410002200670

Minnesota St Louis County Tower 55790

5587 Wahlsten Rd, Tower, MN

Not Listed for Sale

Detached

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