NOT LISTED FOR SALE

616 2nd St N Tower, MN 55790

Estimated Value: $121,000 - $168,000

2 Beds
1 Bath
1,496 Sq Ft
$92/Sq Ft Est. Value

About This Home

This home is located at 616 2nd St N, Tower, MN 55790 and is currently estimated at $138,368, approximately $92 per square foot. 616 2nd St N is a home with nearby schools including Tower-Soudan Elementary School and Vermilion Country School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2016
Sold by
Burgess Delbert R and Burgess Steven R
Bought by
Burgess Steven R and Burgess Rodney J
Current Estimated Value
$138,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2016
Sold by
Burgess Steven R and Burgess Barbara
Bought by
Robinson Pong Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2001
Sold by
Burgess Delbert R and Burgess Carol M
Bought by
Burgess Steven R and Burgess Rodney J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Robinson Pong Hui $70,000 None Available
Burgess Steven R -- --
Burgess Steven R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Pong Hui $56,000
Source: Public Records

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 $1,202 $114,800 $10,800 $104,000
2022 $1,830 $97,700 $10,800 $86,900
2021 $1,844 $85,100 $9,400 $75,700
2020 $2,024 $85,100 $9,400 $75,700
2019 $1,818 $94,800 $9,400 $85,400
2018 $1,846 $88,800 $9,000 $79,800
2017 $1,012 $88,800 $9,000 $79,800
2016 $990 $88,800 $9,000 $79,800
2015 $827 $54,500 $5,900 $48,600
2014 $827 $54,500 $5,900 $48,600
Source: Public Records

Map

Minnesota St Louis County Tower 55790

616 2nd St N, Tower, MN

This home is located at 616 2nd St N, Tower, MN 55790 and is currently estimated at $138,368, approximately $92 per square foot. 616 2nd St N is a home with nearby schools including Tower-Soudan Elementary School and Vermilion Country School.

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