$395,000
$44K PRICE DROP

1119 Lagoon Rd Tower, MN 55790

Estimated payment $2,378/month

Total Views 10,873
2 Beds
1 Bath
540 Sq Ft
$731 Price per Sq Ft

Highlights

  • 160 Feet of Waterfront
  • Deck
  • 2 Car Detached Garage
  • Beach Access
  • No HOA
  • 1-Story Property

About This Home

Escape to the Lake with this charming year-round 2 bedroom, 3/4 bath retreat on sought-after Lake Vermilion! Boasting 160' of shoreline on a nice level lot making for easy access to the water. Step inside to find warm tongue & groove woodwork, open floor plan and a cozy gas FP. Features include a solid insulated concrete foundation, drilled well, mound septic system, and water softener. Outdoor living shines with a large lakeside deck and cozy gazebo, ideal for taking in serene views of the quiet bay. The aluminum dock is ready for your boat and endless days of fishing and recreation. There is a 20x26 insulated detached garage, storage building for all your gear, durable metal roofs and surveyed lot. Located in a prime area close to town, casino, championship golf, and dining. Enjoy everything Northern MN has to offer-world class fishing, boating, and year round outdoor adventure-right from your doorstep! Your Lake Vermilion getaway awaits!

Listing Agent

Sherry Zupancich Anderson

Vermilion Land Office, Inc. Listed on: 03/31/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 280x113
  • 160 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Few Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 540 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Open Floorplan
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • No Cooling
  • Space Heater
  • Vented Exhaust Fan
  • Propane
  • Well
  • Drilled Well
  • Electric Water Heater
  • Water Softener Leased
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Sacred Heart Of Jesus Beach 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 387033500030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,785

Year Built

Built in 1972

Lot Details

0.7 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Outside Features: Wood
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Drilled, Well
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 540
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • FireNumber: 1119
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Full
  • Appliances: Dryer, Electric Water Heater, Exhaust Fan, Fuel Tank - Rented, Range, Refrigerator, Washer, Water Softener Rented
  • Living Area: 540
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • View: Bay
  • Foundation Details: Block
  • Other Structures: Gazebo, Sauna, Storage Shed
  • PatioPorchType: Deck
  • Waterfront Frontage: 160

Garage/Parking

  • Parking Features: Detached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Space Heater
  • Sewer: Private Sewer
  • LaundryFeatures: Main Level
  • Fuel: Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictPhone: 2187498130

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 280x113
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 387033500030
  • Tax Annual Amount: 2785
  • TaxWithAssessments: 2870

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,870 $333,000 $197,400 $135,600
2023 $2,814 $329,700 $195,800 $133,900
2022 $1,968 $293,200 $175,500 $117,700
2021 $1,842 $185,400 $111,700 $73,700
2020 $2,050 $179,000 $111,700 $67,300
2019 $1,978 $195,100 $117,200 $77,900
2018 $1,934 $188,600 $110,700 $77,900
2017 $2,098 $181,300 $110,800 $70,500
2016 $1,568 $196,300 $120,000 $76,300
2015 $1,338 $145,300 $87,600 $57,700
2014 $1,338 $145,300 $87,600 $57,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2026 06/09/26 Price Changed $395,000 -2.5% $731 / Sq Ft
05/18/2026 05/18/26 Price Changed $405,000 -5.6% $750 / Sq Ft
05/06/2026 05/06/26 Price Changed $429,000 -2.3% $794 / Sq Ft
03/31/2026 03/31/26 For Sale $439,000 +19.6% $813 / Sq Ft
07/27/2021 07/27/21 Sold $367,000 -0.8% $680 / Sq Ft View Prior Sale
06/20/2021 06/20/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $369,900 -- $685 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $367,000 American Title
Warranty Deed $215,000 Up North Title Llc
Warranty Deed $94,500 Ati Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $275,250 New Conventional
Previous Owner $206,250 Credit Line Revolving
Source: Public Records

Source: NorthstarMLS

MLS Number: 7046510

NorthstarMLS

APN: 387033500030

Your Personal Tour Guide

Ask me questions while you tour the home.