NOT LISTED FOR SALE

550 N 3rd Ave Virginia, MN 55792

-- Bed
-- Bath
750 Sq Ft
0.35 Acres

About This Home

Alice Nettell Tower is affordable housing for 62+ Seniors. Rents are based on income.

Iron Range Premier Senior Living




Utilities included in rent are heat, water, refuse and electricity. Residents pay for optional phone, cable tv, or internet.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2025
Sold by
Lc Wfe Root Llc
Bought by
Ant Canopy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$7,000,000
Interest Rate
6.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ant Canopy Llc $61,776 None Listed On Document
Lc Wfe Root Llc $10,275,757 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ant Canopy Llc $7,000,000
Open Ant Canopy Llc $14,789,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 Off Market $821 -- --
10/29/2025 10/29/25 Price Changed $821 +7.3% $1 / Sq Ft
10/20/2025 10/20/25 Price Changed $765 -6.8% $1 / Sq Ft
06/22/2023 06/22/23 For Rent -- -- --
06/21/2023 06/21/23 For Rent -- -- --
06/13/2023 06/13/23 For Rent -- -- --
08/22/2022 08/22/22 For Rent $821 -- --

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 $37,234 $6,074,700 $233,000 $5,841,700
2023 $37,234 $3,383,200 $22,500 $3,360,700
2022 $47,610 $2,949,600 $22,500 $2,927,100
2021 $48,612 $2,949,600 $22,500 $2,927,100
2020 $47,510 $2,949,600 $22,500 $2,927,100
2019 $46,906 $2,950,400 $27,700 $2,922,700
2018 $46,642 $3,186,900 $8,600 $3,178,300
2017 $46,038 $3,186,900 $8,600 $3,178,300
2016 $41,774 $3,186,900 $8,600 $3,178,300
2015 $39,306 $3,186,900 $8,600 $3,178,300
2014 $39,306 $3,186,900 $8,600 $3,178,300
Source: Public Records

Map

Minnesota St Louis County Virginia 55792

550 N 3rd Ave, Virginia, MN

Not Listed for Sale

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