See Home Value
St. Louis 55790
5466 S Ely Island
$185,310*
House - Off Market

5466 S Ely Island

Tower, MN 55790
bedrooms
1 Bed
bathrooms
0 Bath
square feet
480 Sqft
$167,000 - $203,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Aug 15, 2023
$181,000
$162,900 by Frandsen Bank & Trust
Mortgage Due Sep 01, 2043
Sold Jul 10, 2023
$181,000
$162,900
Mortgage

About This Property

Adorable and Affordable Lake Vermilion Island getaway situated in a calm, quiet bay located minutes from Stuntz Bay landing. 100 feet of gorgeous pine studded shoreline. Furnished log cabin with hardwood floors, wood burning fireplace and loft. Enjoy the view from the spacious deck. Sauna at waters edge could easily be converted into a bunkhouse for additional sleeping area. Spend your days on the water boating to waterside restaurants, golf course with marina, or make your way to town via the East Two River with convenient docking. Don't miss out on this Lake Vermilion island hide-a-way!

The manager has listed the unit size as 480 square feet.
Unit Size
480Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$385
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold to Jacob Lundberg, Tatiana Koski $181,000
Sold to Jacob Lundberg, Tatiana Koski
Jul 10, 2023 Sold to Jacob Lundberg, Tatiana Koski $181,000
Sold to Jacob Lundberg, Tatiana Koski
Jun 17, 2023 No longer available -
No longer available
May 31, 2023 Listed $185,000
Listed
Sep 18, 2022 No longer available -
No longer available
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Log
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Log
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 480
  • Gross Building Area: 480
  • Building Area: 480
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 480
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BREITUNG TOWN OF
  • Land Acres: 0.43
  • Standard Land Use Code: Seasonal, cabin, vacation residence
  • Legal Description 1: PART OF LOT 5 BEG ON S LINE OF LOT 5 285FT W OF SE STAKE THENCE W 50 FT THENCE N400 FT TO LAKESHORE THENCE ELY 50 FTTHENCE S

Ownership

  • Current Owner : KOSKI TATIANA
  • Current Owner 2: LUNDBERG JACOB
  • Previous Owner : KREMIN MARVIN
  • Previous Owner 2: KREMIN NANCY
  • Owner Before Previous Owner: KREMIN MARVIN
  • Owner Before Previous Owner 2: KREMIN NANCY
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: St. Louis County School District
  • School Tax School District: 2142
  • Census Tract: 015502

Geography

  • Account Number: 1123370
  • District: 270
  • Parcel: 270-0020-01447
  • Lot: 5,285
  • Meridian: SEC 16 TWN 62N RNG 15W
  • Municipality: TOWN OF BREITUNG
  • Latitude: 47.8442
  • Longitude: -92.2616

    Address

  • Full Address: 5466 Ely Is S
  • Address - House Number: 5466
  • Street Segment Direction: S
  • Address - Street Name: Ely
  • Address - Suffix Type: Is
  • State: MN
  • City Name: Tower
  • Zip Code: 55790

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,172
  • Tax Rate Code Area: TOWN OF BR

    Appraisal Valuation

  • Standard Deviation: 0.1061
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 89
  • Final Value: 195,578
  • High Value: 216,345
  • Low Value: 174,812

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,900
  • First Open Lien Mortgage Lender: FRANDSEN BANK & TRUST
  • First Open Lien Mortgage Recording Date: Aug 15, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $162,900
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2043

    Market Valuation

  • Market Total Value: $91,100
  • Market Land Value: $32,900
  • Market Improvement Value: $58,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,100
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $58,200

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Aug 15, 2023
  • Current Sale Transaction ID: 11911748315
  • Current Sale Price: $181,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1471992
  • Previous Sale Recording Date: Jul 10, 2023
  • Previous Sale Contract Date: Jul 10, 2023
  • Previous Sale Amount: $181,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANDSEN BANK & TRUST
  • First Mortgage Transaction Date: Aug 15, 2023
  • First Mortgage Loan Amount: $162,900
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jul 10, 2023
  • Previous Mortgage Loan Amount: $162,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

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

About St. Louis


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Frequently Asked Questions

When was property at 5466 Ely Island South built and last sold?
The property at 5466 Ely Island South was built in 1987 and last sold on Jul 10, 2023 for $181,000.
How much is this home worth?
The estimated value of the home located at 5466 Ely Island South is $187,313.
What are some comparable homes to 5466 Ely Island South?
There are currently no comparable homes to 5466 Ely Island South.

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