Estimated payment $1,193/month
Highlights
- 800 Feet of Waterfront
- Docks
- Shared Waterfront
- Community Boat Slip
- Lake View
About This Lot
This is a fantastic opportunity for a lakeside retreat and a stunning view of the bay! With a foundation (24X30) already set, this lot is primed for building, and the Common Interest Community offers extensive amenities that make it easy to enjoy the area without a lot of maintenance. Having 800 feet of shared shoreline on Lake Vermilion is incredible, especially with access to a sand beach, spa facilities, a boat slip, shared well and septic systems, and even lawn mowing services. Plus, with a shared dock with only one other member and ability to have a boat lift. It’s perfect for anyone who loves boating or water activities. Priced to sell!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,009
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 116x115
- 800 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Property fronts a county road
- Few Trees
HOA Fees
- $121 Monthly HOA Fees
Parking
- Gravel Driveway
Property Views
- Lake Views
Utilities
- Shared Well
- Shared Septic
Community Details
Recreation
- Community Boat Slip
- Docks
- Shared Waterfront
Map
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 |
|---|---|---|---|---|
| 2024 | $1,094 | $108,600 | $101,600 | $7,000 |
| 2023 | $1,094 | $99,300 | $92,800 | $6,500 |
| 2022 | $916 | $93,500 | $88,100 | $5,400 |
| 2021 | $918 | $72,300 | $67,800 | $4,500 |
| 2020 | $924 | $72,300 | $67,800 | $4,500 |
| 2019 | $528 | $72,300 | $67,800 | $4,500 |
| 2018 | $538 | $40,300 | $37,200 | $3,100 |
| 2017 | $504 | $40,300 | $37,200 | $3,100 |
| 2016 | $470 | $36,900 | $33,800 | $3,100 |
| 2015 | $490 | $36,900 | $33,800 | $3,100 |
| 2014 | $487 | $37,000 | $33,900 | $3,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2025 05/26/25 | Price Changed | $187,500 | -5.1% | -- |
| 03/31/2025 03/31/25 | For Sale | $197,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $61,760 | New Conventional |
Source: Lake Superior Area REALTORS®
MLS Number: 6118408
APN: 250006800100
- 2964 Chaps Rd
- TBD Parcel B Vermilion Dr
- TBD Parcel A Vermilion Dr
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- Lot 2 & Private Isla Wakemup Narrows N
- Lot 2 & Private Wakemup Narrows N
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- Lot 5 Wakemup Narrows N
- Lots 3 & 4 Wakemup Narrows N