NOT LISTED FOR SALE

612 Main St Tower, MN 55790

Estimated Value: $87,000 - $121,190

2 Beds
1 Bath
2,000 Sq Ft
$53/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $54,900 $27 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $697/month

126 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Laundry Room
  • Ranch Style House
  • Living Room
  • Bathroom on Main Level

About This Home

As of October 2019

This quaint 2 bedroom, 1 bathroom bungalow is located on the Main Street of Tower only a short distance from Lake Vermilion and local shopping. Within the past two years the home has been updated with roofing, windows, flooring, and a bathroom upgrade. Additional features include a 12x23 deck, 24x24 detached garage, concrete sidewalk and garage apron. Attractions located nearby include the Hoodoo Point Campground/beach, McKinley Park Campground/beach, numerous public boat launches, Tower Harbor with direct access to Lake Vermilion, several state parks, Fortune Bay Resort/Casino and Wilderness Golf Course, Giants Ridge Ski & Golf Resort, bike trails, snowmobile trails, and hiking trails.

Last Agent to Sell the Property

Steve Aberhamson

Vermilion Land Office, Inc Listed on: 04/19/2019

Last Buyer's Agent

Steve Aberhamson

Vermilion Land Office, Inc Listed on: 04/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $558

Year Built

  • Built in 1950

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 140x50
  • Property fronts a highway
  • Level Lot

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 080-0010-03120

Home Details

Home Type

Single Family

Est. Annual Taxes

$558

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 53 North to Hwy 169 North to Tower. Home is just past the Tower Civic Center at 612 Main Street.
  • L O1 Office Phone1 Number: 218-753-8985
  • List Price/ Sq Ft: 27.45
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Twp Number: 62
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Main Floor Laundry
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1000
  • Below Grade Finished Sq Ft: 1000
  • Garage Type: Detached
  • Heat: Forced Air, Oil
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel6: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Bathroom Description: Full Main Floor
  • Formal Dining: Informal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Laundry Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 2000
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Highway
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Concrete
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24x24

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2019-04-19
  • Estimated Lot Dimensions: 140x50
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Level
  • Parcel Number: 080-0010-03120

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2022
Sold by
Smrekar James P
Bought by
Smrekar James P and Anderson Kimberly M
Current Estimated Value
$105,048

Purchase Details

Listed on
Apr 19, 2019
Closed on
Oct 28, 2019
Sold by
Tomsich Timothy S and Tomsich Lori K
Bought by
Smrekar James P
Seller's Agent
Steve Aberhamson
Vermilion Land Office, Inc
Buyer's Agent
Steve Aberhamson
Vermilion Land Office, Inc
List Price
$54,900
Sold Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$35,685
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
Tomsich Richard D
Bought by
Tomsich Leonard D and Tomsich Barry J
Source: Public Records

Range of Values:

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Average Value
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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
Smrekar James P -- None Listed On Document
Smrekar James P $54,900 Northeast Title Company
Tomsich Leonard D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smrekar James P $35,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $54,900 0.0% $27 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $54,900 -- $27 / Sq Ft
Source: Lake Superior Area 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 $1,678 $83,000 $5,400 $77,600
2022 $1,340 $70,200 $5,400 $64,800
2021 $1,350 $61,200 $4,700 $56,500
2020 $656 $61,200 $4,700 $56,500
2019 $558 $68,400 $4,700 $63,700
2018 $572 $64,000 $4,500 $59,500
2017 $572 $64,000 $4,500 $59,500
2016 $558 $64,000 $4,500 $59,500
2015 $535 $39,300 $2,700 $36,600
2014 $535 $39,300 $2,700 $36,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6082063

APN: 080001003120