NOT LISTED FOR SALE

5757 Echo Point Rd Tower, MN 55790

Estimated Value: $691,000 - $1,546,988

3 Beds
3 Baths
3,264 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $1,249,000 $383 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,172/month

Highlights

  • Heated Floors
  • Multiple Fireplaces
  • Enclosed Patio or Porch
  • Deck
  • 4 Car Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Extraordinary & beautifully cared for 3+BR, 3 BA lake home designed for entertaining family & friends. Quality construction with attention to detail! Custom cabinetry throughout, wood floors, cathedral ceilings, Great Room w/FP, wet bar, plus 3 season porch. Heart of the home is a gourmet kitchen with granite counters, SS appliances, dbl ovens, large island open to spacious dining room and sitting area. Private lake-facing Master ensuite w/FP, walk in closet, dbl vanities, walk-in shower, heated tile floors. Finished walk out lower level with family room, cedar lined sauna, and tuck under heated garage. No maintenance decks, level lot with no steps, patio by shore, 192' lksh, full house generator, additional detached garage, 20X26 boathouse, & outside hot tub all included. Lots of windows w/natural lighting and big water views! Impressive and ready to make your own! Only minutes from a championship golf course! Sold mostly furnished! Excellent VRBO rental history!

Last Agent to Sell the Property

Barbara Hegg

Vermilion Land Office Inc License #20052250 Listed on: 01/14/2022

Co-Listed By

Sheila Bratley

Vermilion Land Office Inc License #40906336

Last Buyer's Agent

Barbara Hegg

Vermilion Land Office Inc License #20052250 Listed on: 01/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,669

Year Built

  • Built in 1996

Lot Details

  • 0.75 Acre Lot
  • Irregular Lot
  • Property is zoned RES11

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,264 Sq Ft Home
  • Bi-Level Home
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Heated Floors

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 270-0070-00660

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,669

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Electric, Forced Air, In-Floor, Gas - Propane
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 2
  • Lvt Date: 01/14/2022
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 3
  • Parcel Code Number: 270-0070-00660
  • Patioporch: Deck, Porch, Enclosed
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 10669
  • Style: One Story, Bi-Level
  • Type: Residential
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 3264
  • Bedroom 1: Size: 14X11, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Dishwasher, Garage Opener, Hood, Microwave, Refrigerator, Washer, Elec. Dryer, Gas Range
  • Basement: Block, Walkout
  • Bedroom 2: Size: 12X12, On Level: Lower
  • Bedroom 3: Size: 11'8X11'9, On Level: Lower
  • Dining Room: Size: 23X13, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Gas Log
  • Kitchen: Size: 13'8X13, On Level: Main
  • Living Room: Size: 31X28, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Office/den, Size: 10'9X9'8, On Level: Lower
  • Other Room 3: Porch, Size: 19X9'8, On Level: Main
  • Rec Room: Size: 18'8X17, On Level: Lower

Exterior Features

  • Exterior: Shingles, Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls, Attached, Detached
  • Garage Capacity: 4
  • Garage Size: 26X30

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 210x171
  • Number Of Acres: 0.75
  • Zoning: RES11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Mar 9, 2022
Sold by
Vermilion Land Holdings Llc
Bought by
Kilberg Alan Carl and Kilberg Kathleen Theresa
Seller's Agent
Barbara Hegg
Vermilion Land Office Inc
Buyer's Agent
Barbara Hegg
Vermilion Land Office Inc
List Price
$1,199,000
Sold Price
$1,249,000
Premium/Discount to List
$50,000
4.17%
Current Estimated Value
$1,169,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,253
Avg. Annual Appreciation
-1.78%
Original Mortgage
$600,000
Outstanding Balance
$557,146
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$612,602

Purchase Details

Listed on
Apr 27, 2019
Closed on
Nov 5, 2019
Sold by
Perpich Jon A and Perpich Marilyn
Bought by
Vermilion Land Holdings Llc
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc
List Price
$696,500
Sold Price
$696,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.49%
Original Mortgage
$557,200
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Kilberg Alan Carl $1,249,000 None Listed On Document
Vermilion Land Holdings Llc $696,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilberg Alan Carl $600,000
Previous Owner Vermilion Land Holdings Llc $557,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2022 03/09/22 Sold $1,249,000 +4.2% $383 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $1,199,000 +72.1% $367 / Sq Ft
11/08/2019 11/08/19 Sold $696,500 0.0% $213 / Sq Ft View Prior Sale
09/22/2019 09/22/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $696,500 -- $213 / 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 $12,228 $864,100 $289,600 $574,500
2023 $12,228 $782,000 $271,100 $510,900
2022 $10,754 $747,700 $260,900 $486,800
2021 $9,140 $623,100 $224,000 $399,100
2020 $9,096 $609,800 $224,000 $385,800
2019 $8,040 $619,800 $238,200 $381,600
2018 $7,558 $598,900 $217,300 $381,600
2017 $7,510 $561,900 $217,300 $344,600
2016 $7,566 $561,900 $217,300 $344,600
2015 $7,495 $544,600 $193,100 $351,500
2014 $7,495 $544,600 $193,100 $351,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 142771

Range Association of REALTORS®

APN: 270007000660