3
Beds
3
Baths
2,336
Sq Ft
52
Acres
Highlights
- Garage Apartment
- Deck
- Forced Air Heating and Cooling System
- 52 Acre Lot
- 4 Car Garage
- Wood Burning Fireplace
About This Home
As of June 2025Custom Home, Income Potential AND access to Lake Vermilion! Main house has 2 BR/3BA & features spacious open layout, wood flooring, wood burning Jotul stove, & incredible kitchen with high end SS appliances & granite counters. Includes Main BR with high ceilings, private bath w/ walk-in shower, office with lots of windows, metal roof, attached 2 stall heated garage & 52 acres of privacy & nature. Mixture of mature trees with stunning birch trees! Plus income potential with TWO "Newly constructed" 2 BR apartments located above a 30x50 garage! These modern units are perfect for generating rental income year round. Both include full Kitchens & bathrooms & comes fully equipped for convenience & comfort. Additional Perk is Deeded Access to Lake Vermilion with potential for a future dock for your lakefront activities. Explore trails ideal for hiking or snowshoeing. Don’t miss out on this exceptional property blending custom living, rental opportunities, & natural beauty.
Last Agent to Sell the Property
Vermilion Land Office Inc License #20052250 Listed on: 09/01/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,312
Year Built
- Built in 1999
Lot Details
- 52 Acre Lot
- Irregular Lot
- Property is zoned RES-8
Home Design
- Wood Frame Construction
- Metal Roof
Interior Spaces
- 2,336 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Free Standing Fireplace
Kitchen
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Electric Dryer
- Washer
Parking
- 4 Car Garage
- Garage Apartment
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Well
- Electric Water Heater
- Septic System
Listing and Financial Details
- Assessor Parcel Number 387-0010-00934+
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2018
Closed on
Aug 24, 2018
Sold by
Swanson Gary T and Swanson Nancy L
Bought by
Stegemoller Tracy L and Vanvolkenburgh Jennifer
Seller's Agent
Barbara Hegg
Vermilion Land Office Inc
Buyer's Agent
Barbara Hegg
Vermilion Land Office Inc
List Price
$385,000
Sold Price
$356,000
Premium/Discount to List
-$29,000
-7.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Purchase Details
Closed on
Oct 2, 2015
Sold by
Briggs Holly Anne and Briggs Thomas
Bought by
Swanson Gary T and Swanson Nancy L
Purchase Details
Closed on
Apr 3, 2015
Sold by
Priebe Marlow V and Priebe Marlene
Bought by
Briggs Holly Anne
Purchase Details
Closed on
Jun 2, 2008
Sold by
Priebe Marlow V and Priebe Marlene
Bought by
Danz David L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5%
Mortgage Type
Seller Take Back
Similar Homes in Tower, MN
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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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $356,000 | All American Title Co Inc | |
| Warranty Deed | $356,000 | None Available | |
| Warranty Deed | $100,000 | Attorney | |
| Contract Of Sale | $164,547 | None Available | |
| Contract Of Sale | $200,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $125,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $750,000 | -2.5% | $321 / Sq Ft |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 02/18/2025 02/18/25 | Price Changed | $769,500 | 0.0% | $329 / Sq Ft |
| 02/18/2025 02/18/25 | For Sale | $769,500 | +2.6% | $329 / Sq Ft |
| 12/17/2024 12/17/24 | Off Market | $750,000 | -- | -- |
| 08/31/2024 08/31/24 | For Sale | $793,500 | +122.9% | $340 / Sq Ft |
| 08/24/2018 08/24/18 | Sold | $356,000 | 0.0% | $152 / Sq Ft |
| 08/24/2018 08/24/18 | Sold | $356,000 | -7.5% | $152 / Sq Ft |
| 07/19/2018 07/19/18 | Pending | -- | -- | -- |
| 07/19/2018 07/19/18 | Pending | -- | -- | -- |
| 06/06/2018 06/06/18 | For Sale | $385,000 | +8.1% | $165 / Sq Ft |
| 11/29/2017 11/29/17 | For Sale | $356,000 | -- | $152 / Sq Ft |
Source: Range Association of REALTORS®
Tax History Compared to Growth
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 | $2,318 | $331,600 | $62,700 | $268,900 |
| 2022 | $2,228 | $307,400 | $62,700 | $244,700 |
| 2021 | $2,258 | $260,100 | $47,200 | $212,900 |
| 2020 | $2,172 | $260,300 | $47,400 | $212,900 |
| 2019 | $1,230 | $251,900 | $49,100 | $202,800 |
| 2018 | $1,754 | $169,200 | $49,100 | $120,100 |
| 2017 | $1,736 | $164,300 | $44,200 | $120,100 |
| 2016 | $1,736 | $165,500 | $45,400 | $120,100 |
| 2015 | $250 | $26,100 | $26,100 | $0 |
| 2014 | $268 | $26,100 | $26,100 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Hegg
Seller's Agent in 2025
Barbara Hegg
Vermilion Land Office, Inc.
(218) 742-2369
221 Total Sales
-
Dan Anderson
Buyer's Agent in 2025
Dan Anderson
Move it Real Estate Group/Lake
(612) 804-9872
69 Total Sales
Map
Source: Range Association of REALTORS®
MLS Number: 147371
APN: 387001000921
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