NOT LISTED FOR SALE

4524 Wilson Point Rd Tower, MN 55790

Estimated Value: $795,000 - $1,305,000

2 Beds
1 Bath
1,536 Sq Ft
$646/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $895,000 $583 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,840/month

102 Days on Market

Highlights

  • Heated Floors
  • 2 Car Detached Garage
  • Gas Log Fireplace
  • Deck
  • Heating Available

About This Home

As of July 2020

This property has no equal for family entertaining, privacy, AND surrounded by 270 degrees of Lake Vermilion! A seamless transition to the outdoors from the handscribed log home, guest house, and guest quarters! Main log home has inviting open floor plan, stone fireplace, 20’ vaulted ceiling, loft, in-floor heat, and incredible views from everywhere! Located on a stunning point with 750’ of actual shoreline, level lot, towering pines, SAND BEACH and absolutely no steps! Entertain in a “one of a kind” outdoor pavilion which includes a hand split stone wood burning fireplace and authentic brick oven. Private setting includes, 5 private bedrooms. heated garage, and boathouse with upper guest cabin at water’s edge. Undeniably, the perfect family retreat! Generations of memories are made here!

Last Agent to Sell the Property

Barbara Hegg

Vermilion Land Office Inc License #20052250 Listed on: 03/21/2020

Last Buyer's Agent

Norma Jean Jofs

Next Door Realty License #40713911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,048

Year Built

  • Built in 1980

Lot Details

  • 1.25 Acre Lot
  • Irregular Lot
  • Property is zoned RES 9

Home Design

  • Slab Foundation
  • Log Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 1.5-Story Property
  • Gas Log Fireplace
  • Heated Floors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Heating Available
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 387-0460-00130,00140

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,048

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Heat: Dual Fuel/Off Peak, Electric, In-Floor
  • Irregular Lot Size: Yes
  • Lvt Date: 03/21/2020
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 387-0460-00130,00140
  • Patioporch: Deck
  • Real Estate Tax: 6048
  • Style: 1 1/2 Story
  • Total Above Grade Sq Ft: 1536
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1536
  • Bedroom 1: Size: 11X12, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Dishwasher, Electric Range, Garage Opener, Microwave, Refrigerator, Washer, Elec. Dryer
  • Basement: Slab
  • Bedroom 2: Size: 15X28, On Level: Upper
  • Bedroom 3: Size: 8X10, On Level: Main
  • Dining Room: Size: Incl/LR, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 9X11, On Level: Main
  • Living Room: Size: 18X28, On Level: Main
  • Main Level Bedrooms: 1
  • Main Level Sq Ft: 1116
  • Other Room 2: Laundry, Size: 6X9, On Level: Main
  • Upper Level Sq Ft: 420

Exterior Features

  • Exterior: Log
  • Roof: Wood Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 28X32

Utilities

  • Utilities: Septic, Well
  • Water Heater: Elec. Off Peak

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 300x177
  • Number Of Acres: 1.25
  • Zoning: RES 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
Jul 20, 2020
Sold by
Utke Charles M
Bought by
Cotter Matthew and Cotter Carrie
Seller's Agent
Barbara Hegg
Vermilion Land Office Inc
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$895,000
Sold Price
$895,000
Current Estimated Value
$991,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,496
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Peters Roy P and Peters Eunice P
Bought by
Utke Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.23%
Source: Public Records

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
Cotter Matthew $895,000 Northeast Title Company
Utke Charles M $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Utke Charles M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $895,000 0.0% $583 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
03/21/2020 03/21/20 For Sale $895,000 -- $583 / Sq Ft
Source: Range Association of 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
2024 $7,192 $786,800 $417,600 $369,200
2023 $7,192 $752,500 $398,300 $354,200
2022 $6,710 $736,500 $382,300 $354,200
2021 $5,542 $607,800 $324,500 $283,300
2020 $5,456 $558,000 $320,000 $238,000
2019 $5,350 $548,600 $320,100 $228,500
2018 $5,146 $548,800 $320,300 $228,500
2017 $5,002 $525,600 $320,300 $205,300
2016 $5,088 $525,600 $320,300 $205,300
2015 $6,064 $570,300 $318,700 $251,600
2014 $6,064 $570,300 $318,700 $251,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 139082

Range Association of REALTORS®

APN: 387046000130