NOT LISTED FOR SALE

5767 Lake Ave N Tower, MN 55790

Estimated Value: $415,000 - $756,000

3 Beds
2.5 Baths
2,240 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: November 6, 2023

Last sale price $686,000 $306 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,138 / mo

48 Days on Market

Highlights

  • 170 Feet of Waterfront
  • No HOA
  • Central Air
  • 1 Fireplace
  • 2 Car Attached Garage
  • Dining Room

About This Home

As of November 2023

Lake Vermilion home on park like lake lot with several garages and panoramic views of the lake. This well maintained home features main floor master bedroom with master bath. Open living room/dining/kitchen with lake views, tongue and groove rec room leading into the attached garage. Upstairs has two additional bedrooms, a sewing room/office, large storage room and full bath. Property also includes beautiful gardens, a 20x24 boathouse with slab floor and two garage doors, an additional 1144 sq.ft. detached garage patio area. Optional heating system of wood boiler. Lot is approx 1.77 acres in size with 170' of frontage.

Last Agent to Sell the Property

Julia Maki

BIC Realty Brokerage Email: julia@bicrealty.com Listed on: 09/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,712

Year Built

  • Built in 1997

Lot Details

  • 1.76 Acre Lot
  • Lot Dimensions are 160x430
  • 170 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Insulated Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Propane
  • Well

Community Details

  • No Home Owners Association
  • Mill Point City Of Tower Subdivision

Listing and Financial Details

  • Assessor Parcel Number 080001800030

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,712

Year Built

Built in 1997

Lot Details

1.76 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 2240
  • Water Body Name: Vermilion
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: julia@bicrealty.com
  • Attribution Contact: julia@bicrealty.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 2240
  • Fireplace: Yes
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • View: Panoramic
  • Other Structures: Boat House
  • ConstructionMaterialsDesc: Frame
  • LakeChain: N
  • Waterfront Frontage: 170

Garage/Parking

  • Parking Features: Attached Garage, Detached, Insulated Garage

Utilities

  • Heating: Dual
  • Sewer: Tank with Drainage Field
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictPhone: 218-749-8130

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 160x430
  • Lot Size Sq Ft: 76796.28
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 080001800030
  • Tax Annual Amount: 7712
  • TaxWithAssessments: 7712.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Nov 6, 2023
Sold by
Bought by
Seller's Agent
Julia Maki
BIC Realty
List Price
$749,000
Sold Price
$686,000
Premium/Discount to List
-$63,000
-8.41%
Views
71
Current Estimated Value
$654,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,628
Avg. Annual Appreciation
-1.79%
Original Mortgage
$552,000
Outstanding Balance
$363,776
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$290,596
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$686,000 Northeast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $552,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $686,000 -2.0% $306 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
09/24/2023 09/24/23 Price Changed $700,000 -6.5% $313 / Sq Ft
09/02/2023 09/02/23 For Sale $749,000 -- $334 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,492 $413,500 $180,600 $232,900
2023 $7,194 $395,400 $173,300 $222,100
2022 $7,712 $395,400 $173,300 $222,100
2021 $7,776 $388,200 $166,100 $222,100
2020 $8,164 $388,200 $166,100 $222,100
2019 $7,786 $407,200 $171,600 $235,600
2018 $7,414 $405,500 $169,900 $235,600
2017 $7,436 $382,500 $169,900 $212,600
2016 $7,302 $382,500 $169,900 $212,600
2015 $7,736 $416,100 $173,800 $242,300
2014 $7,736 $416,100 $173,800 $242,300
Source: Public Records

Agents Affiliated with this Home

  • Julia Maki

    Seller's Agent in 2023

    Julia Maki

    BIC Realty

    (218) 780-0315

    205 Total Sales

    Julia Maki
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Map

Source: NorthstarMLS

MLS Number: 6427832

NorthstarMLS

APN: 080001800030

Minnesota St Louis County Tower 55790

5767 Lake Ave N, Tower, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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