Estimated payment $2,993/month
Total Views
14,427
2
Beds
2.5
Baths
1,496
Sq Ft
$334
Price per Sq Ft
Highlights
- New Construction
- Heated Floors
- Traditional Architecture
- RV Access or Parking
- Deck
- No HOA
About This Home
Motivated Sellers! Make an offer! Recently constructed home in an amazing location with many highly desirable feaures! Exceptionally high-quality home near Lake Vermilion on a private 4.75 acre lot covered with towering pine trees. The home is located just 300’ from Lake Vermilion and minutes from a public landing for easy access to the lake. Single-level home is 1,496 sq. ft. with 2 bed/3 baths. Large master bedroom has a patio door, master bathroom, and large walk-in closet with washer/dryer. Additional features include a walk-in pantry, attached 1200 sq. ft. garage that is fully finished and heated, 2x6 construction with extra insulation, dual fuel in-floor heat, maintenance-free Marvin windows, smart siding, and extended life shingles. Exceptional opportunity for a year-round home or investment property. Cement slab constructed to park a camper for extra space. Property is listed below the cost to construct.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,848
Year Built
- Built in 2022 | New Construction
Lot Details
- 4.75 Acre Lot
- Lot Dimensions are 800x375
- Property fronts a county road
- Elevated Lot
- Irregular Lot
- Landscaped with Trees
Home Design
- Traditional Architecture
- Slab Foundation
- Poured Concrete
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,496 Sq Ft Home
- 1-Story Property
- Woodwork
- Gas Fireplace
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Heated Floors
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Gravel Driveway
- RV Access or Parking
Outdoor Features
- Deck
Utilities
- Dual Heating Fuel
- Heating System Uses Propane
- Hot Water Heating System
- Private Water Source
- Drilled Well
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 387-0010-02361
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,084 | $318,800 | $76,100 | $242,700 |
| 2022 | $2,726 | $19,400 | $19,400 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Price Changed | $499,000 | -2.2% | $334 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $510,000 | -2.9% | $341 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $525,000 | -6.3% | $351 / Sq Ft |
| 03/01/2025 03/01/25 | For Sale | $560,000 | -- | $374 / Sq Ft |
Source: Lake Superior Area REALTORS®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $65,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Tower, MN
Source: Lake Superior Area REALTORS®
MLS Number: 6118034
APN: 387001002361
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