NOT LISTED FOR SALE

95824 NW Pine Island Tower, MN 55790

Estimated Value: $156,000 - $270,000

9 Acres
$23,168 Price per Acre
370,260 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $109,500

Est. 74% increase in value since last sale

Current estimated payment $1,142/month

220 Days on Market

About This Lot

As of September 2022

Located near Moccasin Point with a mix of hardwoods and pines throughout, this property is a beautiful backdrop for your dream cabin.  The lot is level and includes electricity, approved septic sites, amazing sandy shoreline, and Certificate of Survey. Just minutes from the Trout Lake Portage and the BWCAW access point. Start making memories! New dock has been ordered and will be included with the sale of this property.

Last Agent to Sell the Property

Barbara Hegg

Vermilion Land Office Inc License #20052250 Listed on: 01/21/2022

Last Buyer's Agent

Member Non

NON-MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $832

Lot Details

  • 8.5 Acre Lot
  • Lot Dimensions are 1,262 x 293
  • 298 Feet of Lake Waterfront
  • Lake Front
  • Irregular Lot
  • Property is zoned RES-5

Outdoor Features

  • Boat Access Only

Property Details

Property Type

Land

Est. Annual Taxes

$832

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 01/21/2022
  • Real Estate Tax: 832
  • Type: Waterfront
  • Dnr Lake Id Number: 690378
  • Lot Size Length: 1262
  • Lot Size Width: 293
  • Lake Frontage: 298
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Vermilion
  • Waterfront: 1 - Lake

Utilities

  • Utilities: Electricity

Schools

  • School District: St.Louis County

Lot Info

  • Number Of Acres: 8.5
  • Zoning: RES-5
  • Improvements: Dock
  • Land Description: Level lot with mature trees. Sandy shoreline
  • Topography: Boat Access Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Sep 13, 2022
Sold by
Bonita J Fogarty Revocable Trust
Bought by
Scherber Isaac and Scherber Kylie
Seller's Agent
Barbara Hegg
Vermilion Land Office Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$129,000
Sold Price
$109,500
Premium/Discount to List
-$19,500
-15.12%
Current Estimated Value
$190,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,803
Avg. Annual Appreciation
15.13%
Original Mortgage
$78,000
Outstanding Balance
$68,928
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$94,896

Purchase Details

Closed on
Apr 7, 2016
Sold by
Fogarty Terence M
Bought by
Fogarty Bonita J and Bonita J Fogarty Revocable 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
Scherber Isaac $109,500 --
Fogarty Bonita J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherber Isaac $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $109,500 -15.1% --
08/29/2022 08/29/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $129,000 -- --
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 $1,200 $107,800 $99,100 $8,700
2022 $832 $85,900 $85,900 $0
2021 $832 $85,900 $85,900 $0
2020 $1,246 $85,900 $85,900 $0
2019 $1,124 $123,000 $123,000 $0
2018 $1,144 $111,800 $111,800 $0
2017 $1,120 $111,900 $111,900 $0
2016 $1,148 $111,900 $111,900 $0
2015 $1,298 $101,800 $101,800 $0
2014 $1,298 $111,900 $111,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Hegg

    Seller's Agent in 2022

    Barbara Hegg

    Vermilion Land Office Inc

    (218) 742-2369

    220 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Member Non

    NON-MEMBER

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 142791

Range Association of REALTORS®

APN: 387039100080

Minnesota St Louis County Tower 55790

95824 NW Pine Island, Tower, MN

This home is located at 95824 NW Pine Island, Tower, MN 55790 since 21 January 2022 and is currently estimated at $196,929. 95824 NW Pine 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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