NOT LISTED FOR SALE

95301 Pine Island Tower, MN 55790

Estimated Value: $256,000 - $462,000

3 Beds
1 Bath
1,164 Sq Ft
$342/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $257,000 $221 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,535/month

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Wood Burning Fireplace

About This Home

As of November 2016

This perfect log cabin get away is nestled among towering Red Pines on 14+ acres and 865' of actual lakeshore. All on one level with 3 bedrooms and bathroom with shower creates the ideal setting for friends and family gatherings. West facing with spectacular sunsets, two docks, electricity, septic, and lakewater system. Screen porch adds additional living space and that quiet spot to listen to the loons and watch the Northern Lights. Plenty of acres for hiking or hunting. Only minutes from the nearest marina through protected waters. This is a "keeper."

Last Agent to Sell the Property

Barbara Hegg

Vermilion Land Office Inc License #20052250 Listed on: 09/23/2016

Last Buyer's Agent

Darin Alto

Mirabella Realty License #20454323

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 1980

Lot Details

  • 14.5 Acre Lot
  • Irregular Lot
  • Property is zoned RES-5

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 387-0020-04290,04292

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,672

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Heat: Wood
  • Irregular Lot Size: Yes
  • Lvt Date: 08/15/2016
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 387-0020-04290,04292
  • Patioporch: Porch, Covered, Screened
  • Real Estate Tax: 2672
  • Style: One Story
  • Type: Residential
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1164
  • Bedroom 1: Size: 12X10, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Gas Range
  • Basement: Block, Crawl
  • Bedroom 2: Size: 10X10, On Level: Main
  • Bedroom 3: Bedroom 3, Size: 9X10, On Level: Main
  • Dining Room: Size: Inc/LR, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: Incl/LR, On Level: Main
  • Living Room: Size: 23X17, On Level: Main
  • Main Level Bedrooms: 3
  • Other Room 2: Bathroom, Size: 9X5, On Level: Main
  • Other Room 3: Scrn Porch, Size: 22X8, On Level: Main

Exterior Features

  • Exterior: Log
  • Roof: Asphalt, Shingle

Utilities

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

Lot Info

  • Lot Size: Dimensions: 895x755
  • Number Of Acres: 14.5
  • Zoning: RES-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Nov 1, 2016
Sold by
Baldwin Margaret L and Baldwin Margaret
Bought by
Richardson Janice M and Richardson Ray
Seller's Agent
Barbara Hegg
Vermilion Land Office Inc
Buyer's Agent
Darin Alto
Mirabella Realty
Sold Price
$257,000
Current Estimated Value
$436,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,232
Avg. Annual Appreciation
4.88%
Original Mortgage
$231,300
Outstanding Balance
$147,596
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$250,767
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

Date Buyer Sale Price Title Company
Richardson Janice M $257,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Janice M $231,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2016 11/01/16 Sold $257,000 0.0% $221 / Sq Ft View Prior Sale
11/01/2016 11/01/16 Sold $257,000 0.0% $221 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/23/2016 09/23/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $257,000 -- $221 / 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
2024 $3,042 $360,400 $241,000 $119,400
2023 $3,042 $284,200 $191,400 $92,800
2022 $2,764 $284,200 $191,400 $92,800
2021 $2,676 $260,800 $191,400 $69,400
2020 $2,584 $252,000 $191,400 $60,600
2019 $2,384 $240,300 $201,000 $39,300
2018 $2,430 $222,400 $183,100 $39,300
2017 $2,354 $222,500 $183,200 $39,300
2016 $2,370 $220,000 $180,700 $39,300
2015 $2,895 $204,800 $135,900 $68,900
2014 $2,895 $237,700 $148,100 $89,600
Source: Public Records

Agents Affiliated with this Home

  • Barbara Hegg

    Seller's Agent in 2016

    Barbara Hegg

    Vermilion Land Office, Inc

    (218) 742-2369

    191 Total Sales

    Barbara Hegg
    Section Image

  • N

    Buyer's Agent in 2016

    Nonmember NONMEMBER

    Nonmember Office

  • D

    Buyer's Agent in 2016

    Darin Alto

    Mirabella Realty

    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 130269

Range Association of REALTORS®

APN: 387002004290

Minnesota St Louis County Tower 55790

95301 Pine Island, Tower, MN

Not Listed for Sale

Detached

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