NOT LISTED FOR SALE

3638 Fectos Rd Tower, MN 55790

Estimated Value: $464,214

1.02 Acres
$455,112 Price per Acre
44,431 Sq Ft Lot

Sale Details

Date Sold: December 30, 2025

Last sale price $450,000

Est. 3% increase in value since last sale

Current estimated payment $2,693 / mo

104 Days on Market

About This Lot

As of December 2025

Lake Vermilion – Build-Ready Frazier Bay Lot! A rare opportunity on beautiful Lake Vermilion! This prime Frazier Bay lot offers 160 feet of shoreline and a level setting that’s ideal for a walkout lake home or cabin. The site is fully prepped with fill and leveling already complete, plus a compliant 1,000-gallon septic system designed for a 3-bedroom home and electricity on site. Design your own dream build, or take advantage of a drafted spec home plan and available builder. Lake Vermilion is known for its crystal-clear waters, over 40,000 acres of recreation, and some of Minnesota’s best fishing. Ready to build now or start fresh in the spring—lots like this are few and far between. Motivated seller looking to make a deal before year’s end!

Last Agent to Sell the Property

Chessica Olson

Anchor Realty License #20452068 Listed on: 08/28/2025

Last Buyer's Agent

Chessica Olson

Anchor Realty License #20452068 Listed on: 08/28/2025

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,232

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 245 x 160
  • 160 Feet of Lake Waterfront
  • Lake Front

Utilities

  • Septic System

Property Details

Property Type

Land

Est. Annual Taxes

$1,232

Lot Details

1.02 Acres

Listing Details

  • Class: Lots/Land
  • Lvt Date: 08/28/2025
  • Real Estate Tax: 1232
  • Type: Waterfront
  • Dnr Lake Id Number: 69037800
  • Lot Size Length: 245
  • Lot Size Width: 160
  • Lake Frontage: 160
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Vermilion
  • Waterfront: 1 - Lake

Utilities

  • Utilities: Electricity, Septic

Lot Info

  • Number Of Acres: 1.02
  • Zoning: res
  • Improvements: Drive Way
  • Land Description: Lake lot ready to build

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2025
Closed on
Dec 29, 2025
Sold by
Bought by
Seller's Agent
Chessica Olson
Anchor Realty
Buyer's Agent
Chessica Olson
Anchor Realty
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Views
11
Current Estimated Value
$464,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,214
Avg. Annual Appreciation
5.41%

Purchase Details

Listed on
Aug 28, 2025
Closed on
Dec 26, 2025
Sold by
Bought by
Seller's Agent
Chessica Olson
Anchor Realty
Buyer's Agent
Chessica Olson
Anchor Realty
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Views
11

Purchase Details

Closed on
Dec 22, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 13, 2014
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500 Northeast Title
$450,000 Northeast Title
-- All American Title Company
-- All American Title Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2025 12/30/25 Sold $450,000 -10.0% --
12/10/2025 12/10/25 Pending -- -- --
08/28/2025 08/28/25 For Sale $499,900 -- --
Source: Range Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,768 $199,900 $199,900 $0
2023 $1,368 $181,300 $181,300 $0
2022 $1,276 $164,300 $164,300 $0
2021 $1,260 $152,500 $152,500 $0
2020 $1,296 $152,500 $152,500 $0
2019 $1,302 $152,500 $152,500 $0
2018 $1,324 $154,000 $154,000 $0
2017 $1,352 $154,000 $154,000 $0
2016 $1,386 $154,000 $154,000 $0
2015 $1,470 $124,000 $98,700 $25,300
2014 $1,470 $124,000 $98,700 $25,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 148930

Range Association of REALTORS®

APN: 387001000762

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