NOT LISTED FOR SALE

5596 Ely Island S Tower, MN 55790

Estimated Value: $367,000 - $503,058

3 Beds
1 Bath
1,155 Sq Ft
$396/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2014

Last sale price $120,000 $104 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $2,875 / mo

Highlights

  • Deck
  • 1-Story Property
  • Wood Burning Fireplace
  • Porch

About This Home

As of March 2014

LAKE VERMILION ISLAND RETREAT with 12.94 acres and 1100 feet meandering shoreline boasting natural rock outcroppings and towering red and white pines. Property has a 3 bedroom 1155 sq ft rustic cabin with electric service and a second rustic cabin in need of repairs. Private setting with Southern Exposure.

Last Agent to Sell the Property

Rick Clark

Northwoods Land Office License #20165911 Listed on: 09/30/2013

Last Buyer's Agent

Betsy Clark

Northwoods Land Office License #20337324

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

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

Home Design

  • Wood Frame Construction

Interior Spaces

  • 3 Bedrooms
  • 1,155 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Outdoor Features

  • Deck
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 270-20-1691

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

12.94 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Irregular Lot Size: Yes
  • Number Of Bedrooms: 3
  • Parcel Code Number: 270-20-1691
  • Patioporch: Deck, Porch
  • Real Estate Tax: 3031.78
  • Style: One Story, Seasonal
  • Type: Residential
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1155
  • Bedroom 1: Size: 10x10, On Level: Main
  • Appliances: Refrigerator
  • Bedroom 2: Size: 10x10, On Level: Main
  • Bedroom 3: Bedroom 3, Size: 10x10
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 8x12, On Level: Main
  • Living Room: Size: 21x12, On Level: Main
  • Main Level Bedrooms: 3

Exterior Features

  • Exterior: Wood

Lot Info

  • Lot Size: Dimensions: 1100x500
  • Number Of Acres: 12.94
  • Zoning: SMU11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2013
Closed on
Mar 14, 2014
Sold by
Bought by
Seller's Agent
Rick Clark
Northwoods Land Office
Buyer's Agent
Betsy Clark
Northwoods Land Office
Sold Price
$120,000
Current Estimated Value
$457,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,765
Avg. Annual Appreciation
11.53%

Purchase Details

Listed on
Sep 30, 2013
Closed on
Mar 6, 2014
Sold by
Bought by
Seller's Agent
Rick Clark
Northwoods Land Office
Buyer's Agent
Betsy Clark
Northwoods Land Office
Sold Price
$120,000

Purchase Details

Closed on
Dec 31, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2013
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 West Title
$120,000 West Title
$12,500 None Available
$12,500 None Available
$6,000 West Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/17/2014 03/17/14 Sold $120,000 -- $104 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
Source: Range Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,008 $422,500 $251,000 $171,500
2023 $4,956 $356,500 $206,500 $150,000
2022 $4,330 $356,500 $206,500 $150,000
2021 $4,276 $297,900 $174,700 $123,200
2020 $4,290 $297,900 $174,700 $123,200
2019 $4,172 $294,700 $187,500 $107,200
2018 $3,718 $295,300 $188,100 $107,200
2017 $3,674 $258,500 $173,400 $85,100
2016 $3,670 $256,000 $170,900 $85,100
2015 $2,968 $193,600 $156,200 $37,400
2014 $2,968 $193,600 $156,200 $37,400
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rick Clark

    Northwoods Land Office

    (218) 290-1670

    16 Total Sales

    Rick Clark
    Section Image
  • Betsy Clark

    Buyer's Agent in 2014

    Betsy Clark

    Northwoods Land Office

    (218) 290-3619

    174 Total Sales

    Betsy Clark
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 122368

Range Association of REALTORS®

APN: 270002001691

Minnesota St Louis County Tower 55790

5596 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.

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