NOT LISTED FOR SALE

91700 Jackrabbit Island Tower, MN 55790

Estimated Value: $588,000 - $649,000

1 Bed
1 Bath
930 Sq Ft
$663/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $605,000 $651 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,577/month

263 Days on Market

Highlights

  • Deck
  • Screened Patio
  • Wood Burning Fireplace

About This Home

As of September 2024

Here is your chance to own your very own 13.75 acre island with big water views on coveted Lake Vermilion. Nestled in Big Bay this freshly painted, charming, seasonal 1 bedroom cabin consists of an open concept kitchen, living room, main floor bedroom, bath plus a spacious loft, newer deck and gazebo by the lake. There are 2 sheds for storage of gear and 1 shed is in progress but not quite complete. There are trails throughout the property, be prepared to share the island with the deer as there is wildlife within the mixed timber on the island. Enjoy the quiet tranquil evenings around the fire pit. Located just a short boat ride to Fortune Bay for golf and entertainment, and conveniently close to the Everett Bay boat landing.

Last Agent to Sell the Property

Sheila Bratley

Vermilion Land Office Inc License #40906336 Listed on: 11/17/2023

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1991

Lot Details

  • 13.75 Acre Lot
  • Irregular Lot
  • Property is zoned Res10

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 930 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio

Utilities

  • Window Unit Cooling System
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 387-0010-02540

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,052

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Irregular Lot Size: Yes
  • Lvt Date: 11/17/2023
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 1
  • Parcel Code Number: 387-0010-02540
  • Patioporch: Deck, Screened
  • Real Estate Tax: 3052
  • Style: 1 1/2 Story, Seasonal
  • Total Above Grade Sq Ft: 930
  • Type: Residential
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 930
  • Bedroom 1: Size: 13.5 x 7.5, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Hood, Microwave, Refrigerator, Washer, Elec. Dryer, Gas Range
  • Basement: Crawl
  • Dining Room: Size: 10 x 7.5, On Level: Main
  • Fireplace: 1 Fireplace, Free Standing, Wood Burning
  • Kitchen: Size: 13.5 x 7.5, On Level: Main
  • Living Room: Size: 13 x 12, On Level: Main
  • Main Level Bedrooms: 1
  • Main Level Sq Ft: 620
  • Other Room 2: Loft, Size: 10 x 31, On Level: Upper
  • Upper Level Sq Ft: 310

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Window Unit
  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Tower/Soudan- 2142

Lot Info

  • Lot Size: Dimensions: 790x1075
  • Number Of Acres: 13.75
  • Zoning: Res10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Sep 9, 2024
Sold by
Cave James and Cave Molly
Bought by
Kinney Timothy and Kinney Elizabeth
Seller's Agent
Sheila Bratley
Vermilion Land Office Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$750,000
Sold Price
$605,000
Premium/Discount to List
-$145,000
-19.33%
Views
166
Current Estimated Value
$616,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,840
Avg. Annual Appreciation
1.96%

Purchase Details

Closed on
Apr 8, 2021
Sold by
Cave Samuel S and Ankrum Barbara A
Bought by
Cave Samuel S and Ankrum Barbara A

Purchase Details

Closed on
Apr 1, 2021
Sold by
Cave Samuel S
Bought by
Cave James E and Cave Molly

Purchase Details

Closed on
Dec 27, 2013
Sold by
Cave Samuel S and Cave Diane C
Bought by
The Diane C Cave Trust
Source: Public Records

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
Kinney Timothy $605,000 --
Cave Samuel S -- None Available
Cave James E -- None Available
Cave Samuel S -- None Available
Cave Samuel S -- None Available
The Diane C Cave Trust -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $605,000 -4.7% $651 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
07/20/2024 07/20/24 Price Changed $635,000 -6.6% $683 / Sq Ft
03/03/2024 03/03/24 Price Changed $680,000 -9.3% $731 / Sq Ft
11/17/2023 11/17/23 For Sale $750,000 -- $806 / Sq Ft
Source: Range Association of 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 $3,824 $358,100 $298,400 $59,700
2022 $3,052 $358,100 $298,400 $59,700
2021 $3,580 $343,000 $298,400 $44,600
2020 $3,186 $337,400 $298,400 $39,000
2019 $2,920 $296,100 $266,700 $29,400
2018 $2,974 $271,600 $242,200 $29,400
2017 $2,888 $271,600 $242,200 $29,400
2016 $2,914 $269,100 $239,700 $29,400
2015 $2,005 $153,200 $143,600 $9,600
2014 $2,005 $166,700 $157,100 $9,600
Source: Public Records

Agents Affiliated with this Home

  • Sheila Bratley

    Seller's Agent in 2024

    Sheila Bratley

    Vermilion Land Office Inc

    (218) 290-1654

    41 Total Sales

    Sheila Bratley
    Section Image

  • M

    Buyer's Agent in 2024

    Member Non

    NON-MEMBER

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 146071

Range Association of REALTORS®

APN: 387001002540

Minnesota St Louis County Tower 55790

91700 Jackrabbit Island, Tower, MN

This home is located at 91700 Jackrabbit Island, Tower, MN 55790 since 17 November 2023 and is currently estimated at $616,840, approximately $663 per square foot. This property was built in 1991. 91700 Jackrabbit Island is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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