NOT LISTED FOR SALE

714 N 2nd St Tower, MN 55790

Estimated Value: $113,000 - $135,000

0.16 Acre
$787,912 Price per Acre
6,970 Sq Ft Lot

Last Sold March 10, 2021

Last sale price $8,000

Est. 1,476% increase in value since last sale

Current estimated payment $860/month

126 Days on Market

About This Lot

As of March 2021

Nice level lot with city utilities has mobile home with potential to fix-up or remove from lot to build your home. Close to Lake Vermilion, hiking, biking trails and shopping, clinic and schools.

Last Listed By

Sherry Zupancich Anderson

Vermilion Land Office, Inc Listed on: 10/07/2020

Property Details

Property Type

  • Land

Year Built

  • 1976

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Level Lot

Parking

  • No Driveway

Property Details

Property Type

Land

Year Built

1976

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Hwy 169 to Tower, turn left on Cedar Street, turn right on 2nd Street North to sign.
  • L O1 Office Phone1 Number: 218-753-8985
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 50000
  • Road Maintenance: Public
  • Property Sub-Type: Residential
  • Tax Year: 2020
  • Twp Number: 62
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1976

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking Driveway: None

Utilities

  • Available Utilities: City Water, City Sewer, Electric
  • Power Company: Minnesota Power

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-10-07
  • Estimated Lot Dimensions: 50x140
  • Estimated Number of Acres: 0.16
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Level

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Miller Ryan and Miller Ashley
Bought by
Fink Kendra L and Greenberg Charles R
Total Days on Market
126
Current Estimated Value
$126,066

Purchase Details

Closed on
Nov 22, 2023
Sold by
Miller Ryan and Miller Ashley
Bought by
Fink Kendra and Greenberg Charles

Purchase Details

Listed on
Oct 6, 2020
Closed on
Mar 10, 2021
Sold by
Ferguson Tammy
Bought by
Miller Ryan and Thaemert Ashley
Seller's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
Buyer's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
List Price
$9,500
Sold Price
$8,000
Premium/Discount to List
-$1,500
-15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.03%

Purchase Details

Closed on
Mar 1, 2004
Sold by
Hill Jeffrey L
Bought by
Walker Jeffrey C and Nygaard Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,947
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 8, 2002
Sold by
Hill Jeffrey L
Bought by
Walker Jeffrey C and Nygaard Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 15, 1999
Sold by
Hill Alan J
Bought by
Hill Jeffrey L

Range of Values:

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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
Fink Kendra L $115,000 --
Fink Kendra $115,000 --
Miller Ryan $8,000 Northeast Title Company
Walker Jeffrey C $15,500 --
Walker Jeffrey C $15,500 --
Hill Jeffrey L -- --
Miller Ryan Ryan $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walker Jeffrey C $10,947
Previous Owner Walker Jeffrey C $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $8,000 0.0% --
03/10/2021 03/10/21 Sold $8,000 0.0% --
02/10/2021 02/10/21 Pending -- -- --
02/08/2021 02/08/21 Pending -- -- --
10/07/2020 10/07/20 For Sale $8,000 -15.8% --
10/06/2020 10/06/20 For Sale $9,500 -- --
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 $1,930 $82,800 $5,400 $77,400
2022 $228 $45,900 $5,400 $40,500
2021 $230 $7,000 $4,700 $2,300
2020 $288 $7,000 $4,700 $2,300
2019 $258 $10,600 $4,700 $5,900
2018 $262 $10,000 $4,500 $5,500
2017 $114 $10,000 $4,500 $5,500
2016 $112 $10,000 $4,500 $5,500
2015 $129 $8,200 $2,700 $5,500
2014 $129 $8,200 $2,700 $5,500
Source: Public Records

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Source: Lake Superior Area REALTORS®

MLS Number: 6093507

APN: 080001004070

Minnesota St Louis County Tower 55790

714 N 2nd St, Tower, MN

Homes for Sale in Tower, MN

This home is located at 714 N 2nd St, Tower, MN 55790 since 07 October 2020 and is currently estimated at $126,066. This property was built in 1976. 714 N 2nd St is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School and Vermilion Country School.

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