NOT LISTED FOR SALE

4268 Arrowhead Point Rd Tower, MN 55790

Estimated Value: $1,044,000 - $1,233,000

4 Beds
2.5 Baths
3,708 Sq Ft
$307/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $900,000 $243 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,017/month

101 Days on Market

Highlights

  • Boathouse
  • Docks
  • Multiple Garages
  • Private Waterfront
  • Guest House
  • Panoramic View

About This Home

As of June 2020

One Owner Lake Vermilion Retreat Right Out Of “Log Home Living”! Private Sand Swimming Cove On 250 Ft Shore, Gradual Lot, South Facing Island Studded Views All The Way Across Daisy & Out Into Big Bay! Relax W/Family & Friends—Great Location— Walking Distance To Small Store (Ice Cream), Landings & Marinas Close By, 14 mi to town. Built 2007, 3,708 SF, 3+BR/3 upscale BTH half log sided home w/in flr heat all 3 flrs, cent air & vac, coverd entry, whole house sound incl exterior. 3 car gar w/yr rnd 1BR/1BTH apt above, in flr heat both flrs. 2nd heated gar w/rec rm above. Dbl rail boathouse. 3 docks. Prow front ash great rm w/window wall framing water view, wood flr, stone gas firepl, glass dr to lakeside deck . Stainless/granite/hickory kitchen w/island open to dining, great rm & deck—all lakeside. Main flr lakeside master w/private granite bth, wlk in closet, glass dr to lakefront deck. Main flr laundry. Upstairs loft w/water views. Wlkout downstairs offers lakeside fam rm w/bar, glass dr to lakeside patio, 2 BRs (1 lakeside, 1 non-egress), bth. Click link for 3D Tour!

Last Listed By

Lisa Janisch

Janisch Realty Inc. Listed on: 02/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 2007

Lot Details

  • 1.38 Acre Lot
  • Lot Dimensions are 302x193
  • Private Waterfront
  • 250 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Log Cabin
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Log Siding

Interior Spaces

  • Wet Bar
  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Lower Floor Utility Room
  • Heated Floors

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 3 Car Detached Garage
  • Multiple Garages
  • Bathroom In Garage
  • Garage Door Opener

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Hot Water Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Additional Features

  • Air Exchanger
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 387-0240-00150, 00140

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,007

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Tower, S. on Hwy 169, N. on Hwy 77, R. on Hwy 77, R. on Arrowhead Rd., R. on End of Trail Lane to Fire#.
  • L O1 Office Phone1 Number: 218-780-6644
  • List Price/ Sq Ft: 242.72
  • ShorelineCharacteristics: Gravel, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 16
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Wet Bar, Drywalls, Patio Door, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock, Patio, Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2088
  • Below Grade Finished Sq Ft: 1620
  • Garage Type: Detached, Multiple
  • Heat: Dual Fuel/Off Peak, Forced Air, In Floor, Hot Water, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles, Metal
  • Bedroom 3: Family Room
  • TotalBedrooms: 4
  • Year Built: 2007
  • Level 1 Bedroom: Main
  • RoomLevel3: Lower
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Upper
  • RoomLevel9: Main
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Trash Compactor, Washer
  • Basement Features: Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, 3/4 Master, 1/2 Main Floor, Private Master
  • Formal Dining: Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Family/Rec
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Loft
  • Room 9: Laundry Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3708
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse, Guesthouse
  • Road Frontage: Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 250
  • Waterfront Name: Vermilion
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Garage Features: Bathroom, Bedroom
  • Garage Capacity: 3

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2020-02-24
  • Estimated Lot Dimensions: 302x193
  • Estimated Number of Acres: 1.38
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Landscaped, Tree Coverage - Medium
  • Parcel Number: 387-0240-00150, 00140
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 8007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2020
Closed on
Jun 15, 2020
Sold by
Dick James W and Dick Judy A
Bought by
Griesemer Paul G and Living Trust Of Paul G Gnesemer
Seller's Agent
Lisa Janisch
Janisch Realty Inc.
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$900,000
Sold Price
$900,000
Total Days on Market
101
Current Estimated Value
$1,138,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,500
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Feb 27, 2004
Sold by
Perpich Jerry J
Bought by
Dick James W and Dick Judy A

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Griesemer Paul G $900,000 None Available
Dick James W $270,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $900,000 0.0% $243 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
02/23/2020 02/23/20 For Sale $900,000 -- $243 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $8,472 $909,600 $189,900 $719,700
2022 $7,674 $823,100 $169,700 $653,400
2021 $6,246 $680,900 $146,900 $534,000
2020 $5,360 $615,200 $146,900 $468,300
2019 $5,238 $540,900 $144,800 $396,100
2018 $4,820 $539,500 $143,400 $396,100
2017 $4,686 $499,100 $143,500 $355,600
2016 $4,788 $499,100 $143,500 $355,600
2014 $5,826 $552,400 $130,900 $421,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6088420

APN: 387024000140