See Home Value
Tower 55790
303 N Alder ST
$89,041*
House - Off Market

303 N Alder ST

Tower, MN 55790
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1582 Sqft
$60,000 - $70,000
Reference Base Price*
27.20%
Since Mar 1, 2021
National-US
Primary Model
Sold Apr 29, 2021
$79,000
$53,200 by Frandsen Bank & Trust
Mortgage Due May 01, 2036

About This Property

Affordable and Well Maintained 2 BR Bungalow in a convenient location within walking distance to shopping, school, dining, clinic and minutes from beautiful Lake Vermilion. Main floor features a bright, spacious eat in kitchen and living room w/wood burning FP, full bath and 2 bedrooms. Lower level rec room and bar, and additional BR (no egress) and bath. Don't miss out on this one. Schedule your showing today!

The manager has listed the unit size as 1582 square feet.
Unit Size
1,582Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$44
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold to Jerome Velcheff $79,000
Sold to Jerome Velcheff
Feb 23, 2021 No longer available -
No longer available
Feb 11, 2021 Listed $69,999
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 542
  • Garage Type: Garage
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,499
  • Total Building Area: 904
  • Gross Building Area: 904
  • Building Area: 904
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 904
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWER
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S 1/2 SERIAL #

Ownership

  • Current Owner : VELCHEFF JEROME
  • Previous Owner : BERG ROBERT J
  • Previous Owner 2: BERG JANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: St. Louis County School District
  • School Tax School District: 2142
  • Census Tract: 015402

Geography

  • Assessors Map Reference: MB 10
  • Account Number: 1108150
  • District: 80
  • Parcel: 080-0010-00210
  • Block: 4
  • Lot: 8
  • Municipality: CITY OF TOWER
  • Latitude: 47.8059
  • Longitude: -92.2703

    Address

  • Full Address: 303 Alder St
  • Address - House Number: 303
  • Address - Street Name: Alder
  • Address - Suffix Type: St
  • State: MN
  • City Name: Tower
  • Carrier Code: R777
  • 4-Digit Zip Code: 1502
  • Zip Code: 55790

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $606
  • Tax Rate Code Area: CITY OF TO

    Appraisal Valuation

  • Standard Deviation: 0.2752
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 60
  • Final Value: 111,397
  • High Value: 142,059
  • Low Value: 80,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $53,200
  • First Open Lien Mortgage Lender: FRANDSEN BANK & TRUST
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Loan Amount: $53,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $68,100
  • Market Land Value: $2,700
  • Market Improvement Value: $65,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,100
  • Assessed Land Value: $2,700
  • Assessed Improvements Value: $65,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 29, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Transaction ID: 11835839608
  • Current Sale Price: $79,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1412283

    Last Sale Mortgage

  • First Mortgage Lender: FRANDSEN BANK & TRUST
  • First Mortgage Transaction Date: Apr 29, 2021
  • First Mortgage Loan Amount: $53,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tower


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Frequently Asked Questions

When was property at 303 Alder Street built and last sold?
The property at 303 Alder Street was built in and last sold on Mar 29, 2021 for $79,000.
How much is this home worth?
The estimated value of the home located at 303 Alder Street is $71,442.
What are some comparable homes to 303 Alder Street?
There are currently no comparable homes to 303 Alder Street.

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