NOT LISTED FOR SALE

5867 Eales Rd Tower, MN 55790

Estimated Value: $216,000 - $365,390

2 Beds
1 Bath
640 Sq Ft
$511/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $195,000 $305 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,017/month

64 Days on Market

Highlights

  • Screened Patio
  • 1-Story Property
  • Wood Burning Fireplace

About This Home

As of August 2019

Rare opportunity to own acreage on Lake Vermilion near Tower. Lot has 5.7 acres of land with 825' of frontage and spectacular views across Pike Bay. Lot includes a 2 bed/1 bath 640 sq. ft. seasonal cabin that sits right on the waters edge. Complete privacy near the mouth of the West Two River which flows into Lake Vermilion. Just minutes from Tower. Drilled well.

Last Agent to Sell the Property

Julia Maki

B.I.C. Realty License #40377638 Listed on: 05/16/2019

Last Buyer's Agent

Scott Beaudette

Culbert Realty License #20429981

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5.7 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Screened Patio

Utilities

  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 080-0015-00050/60/70

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

5.7 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Wood
  • Irregular Lot Size: Yes
  • Lvt Date: 05/16/2019
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 080-0015-00050/60/70
  • Patioporch: Screened
  • Real Estate Tax: 5034
  • Style: One Story
  • Type: Residential
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 640
  • Bedroom 1: Size: 10x10, On Level: Main
  • Total Bathrooms: 0.75
  • Appliances: Electric Range, Refrigerator
  • Basement: Crawl
  • Bedroom 2: Size: 10x10, On Level: Main
  • Dining Room: Size: 5x6, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 10x12, On Level: Main
  • Living Room: Size: 12x14, On Level: Main
  • Main Level Bedrooms: 2

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 568x635
  • Number Of Acres: 5.7
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Aug 28, 2019
Sold by
Cronen Timothy A and Cronen Judith H
Bought by
Ziegler Patrick J and Ziegler Selena L
Seller's Agent
Julia Maki
B.I.C. Realty
Buyer's Agent
Scott Beaudette
Culbert Realty
List Price
$219,000
Sold Price
$195,000
Premium/Discount to List
-$24,000
-10.96%
Current Estimated Value
$326,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,848
Avg. Annual Appreciation
8.31%
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
Commercial
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
Ziegler Patrick J $195,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ziegler Patrick J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $195,000 -11.0% $305 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $219,000 -- $342 / Sq Ft
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 $4,012 $232,700 $201,700 $31,000
2023 $4,012 $223,000 $193,400 $29,600
2022 $4,456 $223,000 $193,400 $29,600
2021 $4,498 $214,700 $185,100 $29,600
2020 $4,672 $214,700 $185,100 $29,600
2019 $4,506 $220,200 $185,100 $35,100
2018 $4,516 $219,300 $184,200 $35,100
2017 $4,542 $215,900 $184,200 $31,700
2016 $4,434 $215,900 $184,200 $31,700
2015 $4,633 $225,100 $189,100 $36,000
2014 $4,633 $225,100 $189,100 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 137101

Range Association of REALTORS®

APN: 080001500050

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