$625,000
SOLD FEB 19, 2026

5729 Puncher Point Rd Tower, MN 55790

3 Beds
2 Baths
1,920 Sq Ft
48,787 Sq Ft Lot

Recently Sold

$326 Per Sq Ft

10% Below List Price

266 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Water Softener
  • Vaulted Ceiling
  • 1-Story Property
  • Ceiling Fan

About This Home

As of February 2026

Lake Vermilion property with breathtaking views, level lot, located in a quiet bay off Big Bay. The home has been well maintained and is extremely energy efficient. Includes 10 in walls/duel fuel/Steffes electrical storage heaters. Off peak hot water. The home is a 3 bed/ 2 bath. Finished walkout lower level with family room, kitchen, 3/4 bathroom, bedroom. Upper level has wood floors, open floor plan, living room includes bay window, gas fireplace, vaulted ceiling. 2 additional bedrooms/full bath. 3 season porch leading out to the large composite deck. Can't forget the outdoor electric sauna, two storage sheds, carport and boathouse. Dock. Across the road are 3 additional undeveloped lots. Great area to build a garage to fit all the lake toys! Tower Airport/Bike trail/boat landings only minutes away. This property has much to offer! Great place to gather on weekends or call this place home!

Last Agent to Sell the Property

Paula Mackey

Laurentian Realty License #40092509 Listed on: 05/08/2025

Last Buyer's Agent

Chessica Olson

Anchor Realty License #20452068

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1988

Lot Details

  • 1.12 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 270-0095-00280

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,458

Year Built

Built in 1988

Lot Details

1.12 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Dual Fuel/Off Peak, Electric, Off Pk Storage Units
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: .75
  • Lower Level Bedrooms: 1
  • Lvt Date: 05/08/2025
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 270-0095-00280
  • Patioporch: Deck, Porch, Covered, Enclosed, Screened
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 3458
  • Style: One Story
  • Type: Residential
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1920
  • Bedroom 1: Size: 11x14, On Level: Main
  • Total Bathrooms: 1.75
  • Appliances: Dishwasher, Electric Range, Refrigerator, Water Softener, Washer, Elec. Dryer
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 11x10, On Level: Main
  • Bedroom 3: Size: 11x11, On Level: Lower
  • Dining Room: Size: 11x10, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 11x10, On Level: Main
  • Living Room: Size: 14x14, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Porch, Size: 12x14, On Level: Main
  • Rec Room: Size: 11x12, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Utilities

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

Lot Info

  • Lot Size: Dimensions: 164x90
  • Number Of Acres: 1.12
  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Feb 10, 2026
Sold by
Derickson Connie M and Derickson Daniel L
Bought by
Schwister Steven and Schwister Kathryn
Seller's Agent
Paula Mackey
Laurentian Realty
Buyer's Agent
Chessica Olson
Anchor Realty
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-98.49%
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
-$53,011

Purchase Details

Closed on
Jun 27, 2011
Sold by
Potila Willard C and Potila Miriam M
Bought by
Derickson Connie M and Bruun Karen A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 American Title
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2026 02/19/26 Sold $625,000 0.0% $326 / Sq Ft
11/06/2025 11/06/25 Off Market $625,000 -- --
05/28/2025 05/28/25 Price Changed $649,000 -6.6% $338 / Sq Ft
05/08/2025 05/08/25 For Sale $695,000 -- $362 / Sq Ft
Source: Range Association of REALTORS®

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 $3,378 $348,000 $161,000 $187,000
2023 $3,378 $315,900 $149,500 $166,400
2022 $3,358 $315,900 $149,500 $166,400
2021 $3,336 $269,600 $130,500 $139,100
2020 $3,486 $269,600 $130,500 $139,100
2019 $3,156 $278,400 $130,500 $147,900
2018 $2,998 $267,300 $119,400 $147,900
2017 $2,978 $252,900 $119,400 $133,500
2016 $3,002 $252,900 $119,400 $133,500
2015 $3,163 $244,500 $108,700 $135,800
2014 $3,163 $244,500 $108,700 $135,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 148289

Range Association of REALTORS®

APN: 270009500280

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