NOT LISTED FOR SALE

5740 Lake Ave S Tower, MN 55790

Estimated Value: $132,196 - $418,000

2 Beds
2 Baths
1,572 Sq Ft
$147/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $254,618 $162 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,200/month

2 Days on Market

Highlights

  • Deck
  • Water Softener
  • Ceiling Fan
  • Enclosed Patio or Porch
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of April 2021

Custom built, Architect designed open concept 2 bed, 2 bath Exceptional home! Private setting with 3.80 acres and a view of Lake Vermilion from the 3 season porch and upper bedroom window. Beautiful natural light throughout the entire house. The kitchen which opens to the dining room features SS appliances, handy work island, gorgeous oak cabinetry, and a built in bookshelf. The living room features hardwood floors, and a wood burning Hearthstone fireplace. Conveniently located off the living rm is the 3 season porch. Spacious main floor bedroom and bathroom. Main floor laundry off foyer. Upper level features a 3/4 bath, bedroom, and rec room with bar. Convenient attached covered carport with concrete slab. Partially fenced in yard. Detached 2 stall garage with heated workshop. Great location within minutes to public boat launch, swimming beaches, paved hiking trails, airport and close to town. This is a must see!

Last Agent to Sell the Property

Sherry Zupancich Anderson

Vermilion Land Office Inc License #40026207 Listed on: 02/22/2021

Last Buyer's Agent

Heather Bierwalter

Culbert Realty License #40719053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 2006

Lot Details

  • 3.8 Acre Lot
  • Chain Link Fence
  • Irregular Lot
  • Property is zoned RES 1

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,572 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 080-0019-00110;0018-00110

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,736

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Electric, Forced Air
  • Irregular Lot Size: Yes
  • Lvt Date: 02/22/2021
  • Main Level Bathrooms: .75
  • Number Of Bedrooms: 2
  • Parcel Code Number: 080-0019-00110;0018-00110
  • Patioporch: Deck, Patio, Porch, Enclosed, Screened
  • Real Estate Tax: 2,736
  • Style: 1 1/2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1572
  • Bedroom 1: Size: 16x14, On Level: Main
  • Total Bathrooms: 1.75
  • Appliances: Dishwasher, Electric Range, Garage Opener, Hood, Microwave, Refrigerator, Water Softener, Washer, Elec. Dryer
  • Basement: Crawl
  • Bedroom 2: Size: 15x12, On Level: Upper
  • Dining Room: Size: 14x10, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 12x12, On Level: Main
  • Living Room: Size: 19x14, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Porch, Size: 14x10, On Level: Main
  • Rec Room: Size: 16x12, On Level: Upper

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24x26

Utilities

  • Cooling: Ceiling Fan
  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Fencing: Chain Link
  • Lot Size: Dimensions: 409x405
  • Number Of Acres: 3.8
  • Zoning: RES 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 5, 2021
Sold by
Sanderson Jason and Sanderson Lisa
Bought by
Olson David B and Olson Laurie Anne
Seller's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
Buyer's Agent
Heather Bierwalter
Culbert Realty
List Price
$249,000
Sold Price
$254,618
Premium/Discount to List
$5,618
2.26%
Current Estimated Value
$230,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,319
Avg. Annual Appreciation
-2.04%

Purchase Details

Closed on
Jul 23, 2018
Sold by
Totenhagen Michael L and Totenhagen Cabin F
Bought by
Sanderson Jason and Sanderson Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2012
Closed on
Aug 31, 2012
Sold by
Aronson John W and Aronson Joyce E
Bought by
Totenhagen Michael L
Seller's Agent
Dale Lundblad
B.I.C. Realty
Buyer's Agent
Steve Bradach
Vermilion Land Office Inc
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$136,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2002
Sold by
Kotzian Timothy L and Kotzian Nancy R
Bought by
Aronson John and Aronson Joyce
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
Olson David B $254,618 Northeast Title Company
Sanderson Jason -- Northeast Title Company
Totenhagen Michael L $170,000 Northeast Title Company
Aronson John $1,000 --
Olson David David $254,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanderson Jason $174,000
Previous Owner Totenhagen Michael L $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2021 04/08/21 Sold $254,618 +2.3% $162 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $249,000 +46.5% $158 / Sq Ft
08/31/2012 08/31/12 Sold $170,000 -- $85 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Pending -- -- --
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 $42 $2,400 $2,400 $0
2023 $42 $2,300 $2,300 $0
2022 $24 $2,300 $2,300 $0
2021 $24 $1,200 $1,200 $0
2020 $24 $1,200 $1,200 $0
2019 $24 $1,200 $1,200 $0
2018 $24 $1,200 $1,200 $0
2017 $24 $1,200 $1,200 $0
2016 $24 $1,200 $1,200 $0
2015 $2 $100 $100 $0
2014 $2 $100 $100 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Buyer's Agent in 2021

    Heather Bierwalter

    Culbert Realty

    Section Image

  • D

    Seller's Agent in 2012

    Dale Lundblad

    B.I.C. Realty

  • S

    Buyer's Agent in 2012

    Steve Bradach

    Vermilion Land Office Inc

    (218) 780-2021

    21 Total Sales

    Steve Bradach
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 140818

Range Association of REALTORS®

APN: 080001900110

Minnesota St Louis County Tower 55790

5740 Lake Ave S, Tower, MN

Not Listed for Sale

Detached

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