Seller's Agent in 2023
Barbara Hegg
Vermilion Land Office Inc
(218) 742-2369
187 Total Sales
This is a rare and exceptional opportunity to create your legacy on the shores of Lake Vermilion. With 1500 feet of prime lakeshore, 87 acre parcel of unspoiled beauty, & a unique boathouse with a 4-season living area above awaiting your touch, this property is truly a masterpiece in the making. This cherished family compound has been in the same family for nearly a century. Preserving the authenticity of the land, an original 1927 log structure graces the property. While of limited value, it serves as a testament to the rich history that this land holds. Towering pines and rocky outcroppings dot the landscape, sunny southern exposure on Daisy Bay, electricity, & approved septic sites complete this package Whether you envision a rustic cabin tucked away in the woods or an elegant lakeside estate, the property offers numerous level building sites to accommodate your vision. Plus 1400' of Fectos Rd frontage for possible building sites! First time on the market!
Last Agent to Sell the Property
Vermilion Land Office Inc License #20052250 Listed on: 08/21/2023
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2023 10/12/23 | Sold | $815,000 | +2.1% | $1,019 / Sq Ft |
| 09/07/2023 09/07/23 | Pending | -- | -- | -- |
| 08/21/2023 08/21/23 | For Sale | $798,600 | -- | $998 / Sq Ft |
| 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 | $6,838 | $869,600 | $832,100 | $37,500 |
| 2022 | $6,838 | $768,000 | $733,900 | $34,100 |
| 2021 | $6,238 | $644,800 | $617,000 | $27,800 |
| 2020 | $6,576 | $642,400 | $617,000 | $25,400 |
| 2019 | $6,604 | $659,300 | $629,500 | $29,800 |
| 2018 | $6,692 | $662,400 | $632,600 | $29,800 |
| 2017 | $6,640 | $659,400 | $632,600 | $26,800 |
| 2016 | $6,760 | $659,400 | $632,600 | $26,800 |
| 2015 | $7,194 | $603,000 | $567,200 | $35,800 |
| 2014 | $7,695 | $604,400 | $567,200 | $37,200 |
Seller's Agent in 2023
Barbara Hegg
Vermilion Land Office Inc
(218) 742-2369
187 Total Sales
Source: Range Association of REALTORS®
MLS Number: 145637