NOT LISTED FOR SALE

5609 Hoodoo Point Rd Tower, MN 55790

Estimated Value: $364,675 - $620,000

2 Beds
1 Bath
1,092 Sq Ft
$456/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $255,000 $234 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,211/month

37 Days on Market

About This Home

As of April 2018

This Lake Vermilion year-round lake home with 117 feet of lakeshore and 1.59 acres is ideally located off a well maintained blacktop county road and only a short distance from numerous local amenities. These amenities include the new Lake Vermilion State Park, two public beaches, Fortune Bay Casino and Golf Course, Giants Ridge Golf Course and Ski Resort, Boundary Waters Canoe Area, miles of snowmobile trials, and hiking and bike trails. This home features 2 bedrooms, 1 bath, a kitchen/dining/living open floor plan, main floor laundry, raised ceiling, central air conditioning, and a walkout basement that provides ample area for additional improvements (bedrooms, family room, etcetera). There is area to build a garage.

Last Listed By

Steve Aberhamson

Vermilion Land Office Inc License #20306944 Listed on: 01/23/2018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,274

Year Built

2006

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Manufactured
  • Heat: Electric, Forced Air
  • Irregular Lot Size: Yes
  • Lvt Date: 01/23/2018
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 270-0020-02966
  • Patioporch: Deck
  • Real Estate Tax: 4210
  • Style: One Story
  • Total Above Grade Sq Ft: 1092
  • Type: Residential
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1092
  • Bedroom 1: Size: 12 x 12.5, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 10 x 12, On Level: Main
  • Dining Room: Size: 8 x 12.5, On Level: Main
  • Kitchen: Size: 12 x 12.5, On Level: Main
  • Living Room: Size: 12.5 x 21, On Level: Main
  • Lower Level Sq Ft: 1092
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1092
  • Other Room 2: Bathroom, Size: 7.5 x 8, On Level: Main
  • Other Room 3: Laundry, Size: 8 x 12.5, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 490x117
  • Number Of Acres: 1.59
  • Zoning: Res11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2020
Sold by
Isaacson Jon E
Bought by
Mesojedec David D and Mesojedec Melanie C
Total Days on Market
37
Current Estimated Value
$497,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$169,449
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$327,970

Purchase Details

Listed on
Jan 23, 2018
Closed on
Apr 26, 2018
Sold by
Isaacson Jon E
Bought by
Mesojedec David M and Mesojedec Melanie C
Seller's Agent
Steve Aberhamson
Vermilion Land Office Inc
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$279,500
Sold Price
$255,000
Premium/Discount to List
-$24,500
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$204,000
Interest Rate
4%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Dec 6, 2012
Sold by
Isaacson Jon E and Spehar Rose M
Bought by
Isaacson Jon E and Spehar Rose M

Purchase Details

Closed on
May 22, 2008
Sold by
Isaacson Jon E and Spehar Rose M
Bought by
Isaacson Jon E and Spehar Rose M

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Mesojedec David D $255,000 Northeast Title Company
Mesojedec David M $255,000 Northeast Title Company
Isaacson Jon E -- None Available
Isaacson Jon E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesojedec David D $189,000
Previous Owner Mesojedec David M $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $255,000 -8.8% $234 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $279,500 -- $256 / Sq Ft
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
2023 $5,274 $407,500 $186,100 $221,400
2022 $4,834 $392,700 $186,100 $206,600
2021 $4,614 $332,700 $161,000 $171,700
2020 $4,340 $321,500 $161,000 $160,500
2019 $3,976 $306,300 $149,000 $157,300
2018 $4,230 $293,500 $136,200 $157,300
2017 $4,246 $278,200 $136,100 $142,100
2016 $4,276 $278,200 $136,100 $142,100
2015 $5,473 $341,000 $151,500 $189,500
2014 $5,473 $341,000 $151,500 $189,500
Source: Public Records

Agents Affiliated with this Home

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Source: Range Association of REALTORS®

MLS Number: 133739

Range Association of REALTORS®

APN: 270002002966