Estimated payment $4,129/month
Total Views
3,620
2
Beds
1
Bath
876
Sq Ft
$782
Price per Sq Ft
About This Home
Start living your "LAKE LIFE" now in this private, year-round retreat on the pristine shores of Daisy Bay on Lake Vermilion. Nestled on a gradual lot with 100 feet of prime swimming shoreline, this charming 2-bedroom, 1-bath home sits just steps from the water’s edge, offering breathtaking views and a rare grandfathered-in location. Inside, enjoy a cozy stone fireplace, an open-concept living and dining area, and a screen porch perfect for morning coffee or evening relaxation with panoramic lake views. The amenities are just as impressive outside: -Heated boathouse with rail system -Stone waterfront patio and seawall for entertaining -Cedar sauna, storage shed, and lift-out dock with bench -Detached, heated 2-stall garage with an upper-level office -Paved circle drive for ample guest parking -Dedicated snowmobile path from garage to lake for winter fun Whether you're looking for a peaceful retreat or an adventure-ready home base, this Lake Vermilion property checks all the boxes!
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$3,920
Year Built
1965
Lot Details
0
Listing Details
- Class: Residential
- Construction: Wood Frame
- Guttering: Partial
- Heat: Gas, Electric, Space Heaters
- Lvt Date: 05/02/2025
- Main Level Bathrooms: 1
- Number Of Bedrooms: 2
- Parcel Code Number: 387-0040-00140
- Patioporch: Porch, Enclosed, Screened
- Real Estate Tax: 3835
- Style: One Story
- Total Above Grade Sq Ft: 876
- Type: Residential
- Year Built: 1965
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Total Finished Sq Ft: 876
- Bedroom 1: Size: 14x10.5, On Level: Main
- Total Bathrooms: 1
- Appliances: Electric Range, Garage Opener, Microwave, Refrigerator, Washer, Elec. Dryer
- Basement: Block, Crawl
- Bedroom 2: Size: 10.5x8.5, On Level: Main
- Dining Room: Size: 10.5x7.5, On Level: Main
- Fireplace: 1 Fireplace, Gas Log
- Kitchen: Size: 12.5x10, On Level: Main
- Living Room: Size: 15.5x11.5, On Level: Main
- Main Level Bedrooms: 2
- Main Level Sq Ft: 876
Exterior Features
- Exterior: Vinyl
- Roof: Asphalt
Garage/Parking
- Garage: 2 Stalls
- Garage Capacity: 2
- Garage Size: 20x24
Utilities
- Utilities: Septic, Well
- Water Heater: Gas
Schools
- School District: Tower/Soudan- 2142
Lot Info
- Lot Size: Dimensions: 178x100
- Number Of Acres: 0.4
- Zoning: Res
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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 | $3,920 | $439,700 | $172,800 | $266,900 |
| 2022 | $3,744 | $392,700 | $149,300 | $243,400 |
| 2021 | $2,174 | $353,800 | $133,600 | $220,200 |
| 2020 | $810 | $249,300 | $133,600 | $115,700 |
| 2019 | $2,126 | $251,500 | $136,000 | $115,500 |
| 2018 | $2,598 | $249,400 | $133,900 | $115,500 |
| 2017 | $2,506 | $237,700 | $133,900 | $103,800 |
| 2016 | $2,566 | $237,700 | $133,900 | $103,800 |
| 2015 | $2,647 | $238,400 | $126,300 | $112,100 |
| 2014 | $2,647 | $217,900 | $126,300 | $91,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $685,000 | -1.4% | $782 / Sq Ft |
| 05/02/2025 05/02/25 | For Sale | $695,000 | +82.9% | $793 / Sq Ft |
| 01/23/2020 01/23/20 | Sold | $379,900 | -2.6% | $434 / Sq Ft |
| 12/23/2019 12/23/19 | Pending | -- | -- | -- |
| 11/25/2019 11/25/19 | For Sale | $389,900 | +2.6% | $445 / Sq Ft |
| 11/01/2019 11/01/19 | Off Market | $379,900 | -- | -- |
| 10/09/2019 10/09/19 | Price Changed | $389,900 | -1.3% | $445 / Sq Ft |
| 08/06/2019 08/06/19 | Price Changed | $394,999 | 0.0% | $451 / Sq Ft |
| 08/06/2019 08/06/19 | Price Changed | $394,900 | -1.0% | $451 / Sq Ft |
| 06/27/2019 06/27/19 | For Sale | $399,000 | +11.8% | $455 / Sq Ft |
| 10/25/2018 10/25/18 | Sold | $357,000 | +2.1% | $408 / Sq Ft |
| 09/27/2018 09/27/18 | Pending | -- | -- | -- |
| 09/26/2018 09/26/18 | For Sale | $349,500 | -- | $399 / Sq Ft |
Source: Range Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $379,900 | All American Title Co Ind | |
| Warranty Deed | $357,000 | National Title Center Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $249,000 | Ati Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $303,900 | New Conventional | |
| Previous Owner | $357,000 | VA | |
| Previous Owner | $145,000 | No Value Available |
Source: Public Records
Similar Homes in Tower, MN
Source: Range Association of REALTORS®
MLS Number: 148233
APN: 387004000140
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