Seller's Agent in 2022
Barbara Hegg
Vermilion Land Office, Inc.
(218) 742-2369
221 Total Sales
Estimated Value: $627,667
3
Beds
3
Baths
2,251
Sq Ft
$279/Sq Ft
Est. Value
Highlights
- 180 Feet of Waterfront
- No HOA
- Forced Air Heating System
- Beach Access
- Den
- Baseboard Heating
About This Home
As of September 2022Exceptional 3BR, 3BA year-round lakefront home with 180' of lake shore, gentle slope to the lake, and big water views. Spacious family room with fireplace, in-floor heat, and lots of natural light. Open space kitchen and dining area with adjacent den, hardwood floors, and tongue & grove paneling. Quality lakeside deck with new maintenance free composite decking. Main floor bedroom with private patio and full bathroom with Jacuzzi tub. Private upper bedroom with gorgeous lake views, and cozy reading nook plus bathroom/shower. Lower level includes workshop area, laundry room, sauna and additional private hobby/craft room. Includes newer roof, newer furnace, 2 stall garage, bunk house, boathouse (20X25), two docks, and boat lift. Sold mostly furnished. Just bring your groceries and fishing poles!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,486
Year Built
- Built in 1950
Lot Details
- 0.8 Acre Lot
- Lot Dimensions are 211x180
- 180 Feet of Waterfront
- Lake Front
- Few Trees
- Additional Parcels
Parking
- 2 Car Garage
Interior Spaces
- 1.5-Story Property
- Living Room with Fireplace
- Den
- Partially Finished Basement
- Partial Basement
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating System
- Baseboard Heating
- Private Water Source
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 560002000110
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2022
Closed on
Aug 29, 2022
Sold by
Hillestad Nancy L
Bought by
Lewis Kory
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc.
Buyer's Agent
Dan Janisch
Janisch Realty, Inc
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Total Days on Market
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,667
Avg. Annual Appreciation
5.07%
Original Mortgage
$467,500
Outstanding Balance
$452,027
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$175,640
Purchase Details
Closed on
Jun 8, 2022
Sold by
David Hillestad Jerome
Bought by
Tessneer Ann M
Purchase Details
Closed on
Jul 26, 2004
Sold by
Wujcik Thomas J and Wujcik Jere L
Bought by
Hillestad Jerome D and Hillestad Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lewis Kory | $550,000 | Northeast Title Company | |
| Tessneer Ann M | -- | -- | |
| Hillestad Jerome D | $390,000 | Consolidated Title & Abstrac |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lewis Kory | $467,500 | |
| Previous Owner | Hillestad Jerome D | $191,600 | |
| Previous Owner | Hillestad Jerome D | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2022 09/02/22 | Sold | $550,000 | 0.0% | $244 / Sq Ft |
| 09/02/2022 09/02/22 | Sold | $550,000 | +1.9% | $299 / Sq Ft |
| 08/04/2022 08/04/22 | Pending | -- | -- | -- |
| 07/30/2022 07/30/22 | Pending | -- | -- | -- |
| 07/27/2022 07/27/22 | Price Changed | $539,500 | 0.0% | $293 / Sq Ft |
| 07/27/2022 07/27/22 | Price Changed | $539,500 | -3.6% | $240 / Sq Ft |
| 06/21/2022 06/21/22 | Price Changed | $559,500 | 0.0% | $249 / Sq Ft |
| 06/20/2022 06/20/22 | Price Changed | $559,500 | -2.7% | $304 / Sq Ft |
| 06/01/2022 06/01/22 | For Sale | $575,000 | 0.0% | $255 / Sq Ft |
| 06/01/2022 06/01/22 | For Sale | $575,000 | -- | $313 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,188 | $370,700 | $111,900 | $258,800 |
| 2022 | $2,846 | $331,700 | $102,300 | $229,400 |
| 2021 | $2,690 | $258,900 | $83,800 | $175,100 |
| 2020 | $2,742 | $243,500 | $83,800 | $159,700 |
| 2019 | $2,632 | $243,500 | $83,800 | $159,700 |
| 2018 | $2,506 | $238,800 | $79,100 | $159,700 |
| 2017 | $2,638 | $223,500 | $79,000 | $144,500 |
| 2016 | $2,664 | $233,900 | $84,900 | $149,000 |
| 2015 | $2,889 | $240,600 | $91,600 | $149,000 |
| 2014 | $2,889 | $240,600 | $91,600 | $149,000 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Hegg
-
Dan Janisch
Buyer's Agent in 2022
Dan Janisch
Janisch Realty, Inc
(218) 348-2921
77 Total Sales
Map
Similar Homes in Tower, MN
Source: NorthstarMLS
MLS Number: 6205813
APN: 560002000110
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