Estimated payment $1,836/month
Total Views
378
3
Beds
3
Baths
1,196
Sq Ft
$250
Price per Sq Ft
About This Home
Endless Potential with Lake Vermilion Access! Bring your vision and transform this 3 bedroom, 2.5 bath home nestled on 19.35 private acres of natural Northern Minnesota beauty. With 1/4 deeded access to the stunning waters of iconic Lake Vermilion, this property is a rare opportunity for outdoor enthusiasts, investors, or anyone dreaming of a private retreat with year-round adventure right outside your door. Inside, the home offers a spacious layout full of potential, ready for your updates and personal touch. 2 wood-burning fireplaces. The large acreage provides privacy, space to roam, hunt, gardens, trails or additional structures. Enjoy close proximity to boating, fishing, snowmobiling, hiking and local restaurants. Whether your looking for a getaway, year-round home, or investment property, this is you chance to own a slice of the Northwoods with prime lake access and room to grow. Bring your ideas and make it your own!
Last Listed By
Vermilion Land Office Inc License #40026207 Listed on: 05/20/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$1,884
Year Built
1973
Lot Details
0
Listing Details
- Class: Residential
- Construction: Wood Frame
- Heat: Electric, Baseboard
- Lower Level Bathrooms: .5
- Lower Level Bedrooms: 2
- Lvt Date: 05/20/2025
- Main Level Bathrooms: 1
- Number Of Bedrooms: 3
- Parcel Code Number: 387-0010-00935
- Patioporch: Deck
- Percent Of Bsmnt Finished: 25
- Real Estate Tax: 1799
- Style: 1 1/4 Story
- Total Above Grade Sq Ft: 1196
- Type: Residential
- Upper Level Bedrooms: 1
- Year Built: 1973
- Special Features: UnderContract
- Property Sub Type: Detached
- Stories: 1
Interior Features
- Total Finished Sq Ft: 1430
- Bedroom 1: Size: 15.2x19.9, On Level: Upper
- Total Bathrooms: 2.5
- Appliances: Dishwasher, Electric Range, Hood, Refrigerator, Washer, Elec. Dryer
- Basement: Full, Walkout
- Bedroom 2: Size: 15.3x10.9, On Level: Lower
- Bedroom 3: Size: 11x10.11, On Level: Lower
- Dining Room: Size: 13.3x10.8, On Level: Main
- Fireplace: 2 Or More Fireplaces, Wood Burning
- Kitchen: Size: 14.3x12.10, On Level: Main
- Living Room: Size: 24.11x15, On Level: Main
- Lower Level Sq Ft: 936
- Main Level Sq Ft: 936
- Rec Room: Size: 16.8x15, On Level: Lower
- Upper Level Sq Ft: 260
Exterior Features
- Exterior: Steel
- Roof: Metal
Garage/Parking
- Garage: 2 Stalls
- Garage Capacity: 2
- Garage Size: 24x24
Utilities
- Utilities: Septic, Well
- Water Heater: Electric
Schools
- School District: St.Louis County-2142
Lot Info
- Lot Size: Dimensions: 1501x667
- Number Of Acres: 19.35
- 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 | $1,884 | $195,600 | $57,600 | $138,000 |
| 2022 | $1,100 | $183,300 | $57,600 | $125,700 |
| 2021 | $1,102 | $152,200 | $43,000 | $109,200 |
| 2020 | $774 | $150,700 | $41,500 | $109,200 |
| 2019 | $746 | $121,200 | $43,200 | $78,000 |
| 2018 | $712 | $121,200 | $43,200 | $78,000 |
| 2017 | $698 | $116,800 | $38,800 | $78,000 |
| 2016 | $718 | $118,000 | $40,000 | $78,000 |
| 2015 | $937 | $107,700 | $27,400 | $80,300 |
| 2014 | $937 | $107,700 | $27,400 | $80,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | For Sale | $299,000 | 0.0% | $250 / Sq Ft |
| 05/23/2025 05/23/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | For Sale | $299,000 | -- | $250 / Sq Ft |
Source: Range Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $20,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Tower, MN
Source: Range Association of REALTORS®
MLS Number: 148376
APN: 387001000935
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