NOT LISTED FOR SALE

5614 Ely Island S Tower, MN 55790

Estimated Value: $228,000 - $462,000

1 Bed
-- Bath
1,638 Sq Ft
$187/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2018

Last sale price $142,500 $87 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,844 / mo

52 Days on Market

Highlights

  • Enclosed Patio or Porch
  • 1-Story Property
  • Wood Burning Fireplace

About This Home

As of August 2018

Rustic lodge cabin with wood burning fireplace constructed from Lake Vermilion rock is located on private 6.2 wooded acres and 425' of lakeshore. Great room has been used for many family gatherings and includes stunning southern views through multiple windows, original pine planking flooring, and even a piano for entertaining. A quaint kitchen with wood burning cook stove and screen porch. Numerous hiking trails and additional building sites. Towering pines, sandy beach, and incredible Lake Vermilion views! Electricity and approved septic sites! This is a keeper!!

Last Agent to Sell the Property

Barbara Hegg

Vermilion Land Office Inc License #20052250 Listed on: 05/26/2018

Last Buyer's Agent

Sherry Zupancich Anderson

Vermilion Land Office Inc License #40026207

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6.2 Acre Lot
  • Irregular Lot
  • Property is zoned RES10

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1 Bedroom
  • 1,638 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Additional Features

  • Enclosed Patio or Porch
  • Heating System Uses Wood

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

6.2 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Wood
  • Irregular Lot Size: Yes
  • Lvt Date: 05/26/2018
  • Number Of Bedrooms: 1
  • Patioporch: Porch, Enclosed, Screened
  • Style: One Story, Seasonal
  • Type: Residential
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1638
  • Bedroom 3: Bunk Room, Size: 11X18, On Level: Main
  • Dining Room: Size: Incl/LR, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 11X23, On Level: Main
  • Living Room: Size: 23X47, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Scrn/Porch, Size: 8X12, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Lot Info

  • Lot Size: Dimensions: 900x425
  • Number Of Acres: 6.2
  • Zoning: RES10

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
May 26, 2018
Closed on
Aug 28, 2018
Sold by
Bought by
Seller's Agent
Barbara Hegg
Vermilion Land Office Inc
Buyer's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
List Price
$147,000
Sold Price
$142,500
Premium/Discount to List
-$4,500
-3.06%
Current Estimated Value
$307,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,511
Avg. Annual Appreciation
10.14%
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
$142,500 None Available
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 Prior Sale
08/17/2018 08/17/18 Sold $142,500 -3.1% $87 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $147,000 -49.1% $90 / Sq Ft
10/02/2015 10/02/15 Sold $289,000 -- $176 / Sq Ft View Prior Sale
08/13/2015 08/13/15 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 $2,068 $186,600 $106,300 $80,300
2023 $2,212 $159,400 $89,000 $70,400
2022 $1,960 $159,400 $89,000 $70,400
2021 $1,934 $134,500 $76,700 $57,800
2020 $1,788 $134,500 $76,700 $57,800
2019 $1,770 $123,300 $79,400 $43,900
2018 -- $130,700 $86,800 $43,900
Source: Public Records

Agents Affiliated with this Home

  • Barbara Hegg

    Seller's Agent in 2018

    Barbara Hegg

    Vermilion Land Office Inc

    (218) 742-2369

    182 Total Sales

    Barbara Hegg
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Map

Source: Range Association of REALTORS®

MLS Number: 134680

Range Association of REALTORS®

APN: 270010900010

Minnesota St Louis County Tower 55790

5614 Ely Island S, Tower, MN

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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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