NOT LISTED FOR SALE

95135 Grassy Point Tower, MN 55790

Estimated Value: $309,000

2 Beds
1 Bath
876 Sq Ft
7.79 Acres Lot

Sale Details

Date Sold: October 30, 2020

Last sale price $259,000 $296 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,767 / mo

37 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Wood Burning Fireplace
  • Enclosed Patio or Porch
  • Baseboard Heating

About This Home

As of October 2020

Lake Vermilion cabin destination! True 'Boundary Waters' feel in this expertly crafted 2BR cabin mazimizing open feel; conv. galley kitchen/white washed walls; floor to ceiling windows providing lots of natural light to the open dining/living area. Built in cabinets in kitchen/dining area gives great storage and counter space. Private loft bedroom & main floor 2nd bedroom. Free standing fireplace/elec. baseboard heat. 3/4 bath/composting toilet/shower. Bring your work to the cabin while you watch the kids play off the dock! Panoramic views from any number of vantage points on this large 7.7+ acre lot with approx. 650' of southfacing shoreline. Convenient level lot from dock to cabin. Explore the shoreline and check out the fantastic private viewing perch overlooking all of Frazer Bay, Lake Vermilion! Property will include a newly installed septic system for a 2BR cabin!

Last Agent to Sell the Property

Vicki Schelde

B.I.C. Realty License #413435 Listed on: 08/03/2020

Last Buyer's Agent

Julia Maki

B.I.C. Realty License #40377638

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1970

Lot Details

  • 7.79

Home Design

  • Loft
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 876 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 387-0020-03930/03932/0393

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,406

Year Built

Built in 1970

Lot Details

7.79 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Wood, Electric, Baseboard
  • Irregular Lot Size: Yes
  • Lvt Date: 08/03/2020
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 387-0020-03930/03932/0393
  • Patioporch: Deck, Porch, Enclosed
  • Real Estate Tax: 2406
  • Style: One Story And A Loft
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Finished Sq Ft: 876
  • Bedroom 1: Size: 12x9, On Level: Upper
  • Total Bathrooms: 1
  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: Crawl
  • Bedroom 2: Size: 7.7x12, On Level: Main
  • Dining Room: Size: Inc, On Level: Main
  • Fireplace: Free Standing, Wood Burning
  • Kitchen: Size: 12.5x11.5, On Level: Main
  • Living Room: Size: 17x13.8, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Bath, Size: 7x7.3, On Level: Main
  • Other Room 3: Porch, Size: 7x8.10, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Metal

Utilities

  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 545x555
  • Number Of Acres: 7.79
  • Zoning: RES8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 26, 2020
Sold by
Bought by
Seller's Agent
Vicki Schelde
B.I.C. Realty
Buyer's Agent
Julia Maki
B.I.C. Realty
List Price
$298,000
Sold Price
$259,000
Premium/Discount to List
-$39,000
-13.09%
Current Estimated Value
$309,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,000
Avg. Annual Appreciation
3.21%
Original Mortgage
$207,200
Outstanding Balance
$148,600
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$160,400
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$259,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $207,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $259,000 -13.1% $296 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $298,000 -- $340 / Sq Ft
Source: Range Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2024 $1,120 $140,200 $140,200 $0
2023 $960 $112,300 $112,300 $0
2022 $802 $112,300 $112,300 $0
2021 $792 $95,800 $95,800 $0
2020 $902 $95,800 $95,800 $0
2019 $816 $106,100 $106,100 $0
2018 $830 $96,400 $96,400 $0
2017 $846 $96,500 $96,500 $0
2016 $868 $96,500 $96,500 $0
2015 $382 $33,900 $33,900 $0
2014 $382 $37,300 $37,300 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2020

    Vicki Schelde

    B.I.C. Realty

    Section Image
  • Julia Maki

    Buyer's Agent in 2020

    Julia Maki

    B.I.C. Realty

    (218) 780-0315

    205 Total Sales

    Julia Maki
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 139990

Range Association of REALTORS®

APN: 387002003930

Minnesota St Louis County Tower 55790

95135 Grassy Point, Tower, MN

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.

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