$315,000

5823 N Pine Island Tower, MN 55790

Estimated payment $1,873/month

Total Views 11,205
2 Beds
1 Bath
320 Sq Ft
$984 Price per Sq Ft

Highlights

  • Private Waterfront
  • Beach Access
  • Deck
  • Docks
  • Lake View
  • No HOA

About This Home

Escape to this Idyllic Lake Vermilion Pine Island retreat in the heart of Northern MN situated on 500+ ft. of shoreline and 2.55 acres. Features include a quaint bunkhouse with a spacious living area and 1 bedroom, beautiful tongue and groove red pine, vaulted ceiling, and metal roof. For additional living space there is a 2017, 25' RV with a slide out living room, 1 bedroom and 1 bathroom. The lakeside deck and dock offer ample space for outdoor dining, lounging and entertaining. Spend those long summer days fishing, swimming or soaking in the stunning lake views. The perfect building site is surveyed and ready for your dream cabin or simply enjoy the property as it is now. Compliant septic. Outdoor privy hooked up to septic. 200 Amp elec. panel. Don't miss the opportunity to own a piece of paradise on one of kind Lake Vermilion!

Listing Agent

Sherry Zupancich Anderson

Vermilion Land Office, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 2022

Lot Details

  • 2.55 Acre Lot
  • Lot Dimensions are 731x210
  • Private Waterfront
  • 509 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Few Trees

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 320 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Lake Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • No Garage
  • No Driveway

Outdoor Features

  • Beach Access
  • Docks
  • Deck
  • Storage Shed

Utilities

  • No Cooling
  • Space Heater
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 665-0100-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Via boat to North side of Pine Island. West of Canfield Bay.
  • Waterfront Info Lake Maximum Depth: 76
  • L O1 Office Phone1 Number: 218-753-8985
  • List Price/ Sq Ft: 984.38
  • PropAdjoinsPublicLand: No
  • Road Maintenance: None
  • ShorelineCharacteristics: Rocky, Undeveloped, Shore-Accessible
  • Property Sub-Type: Seasonal
  • Tax Year: 2024
  • Twp Number: 63
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 320
  • Garage Type: None
  • Heat: Space/Wall Heater
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 2022
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator, Range/Stove
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 320
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 39272.5
  • Out Buildings: Storage Shed, Other Buildings
  • Road Frontage: None
  • Waterfront Access: Private
  • Water Frontage In Feet: 509
  • Waterfront Name: Vermilion
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: None

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-08-30
  • Estimated Lot Dimensions: 731x210
  • Estimated Number of Acres: 2.55
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Light, See Remarks
  • Parcel Number: 665-0100-00020
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1418

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,380 $147,600 $145,500 $2,100
2022 $1,463 $126,500 $124,800 $1,700
2021 $1,256 $126,300 $124,800 $1,500
2020 $1,170 $102,700 $101,200 $1,500
2019 $1,060 $100,300 $99,200 $1,100
2018 $956 $92,400 $91,300 $1,100
2017 $966 $82,600 $81,800 $800
2016 $972 $82,600 $81,800 $800
2015 $959 $80,700 $80,000 $700
2014 $959 $80,700 $80,000 $700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 For Sale $315,000 +117.2% $984 / Sq Ft
10/01/2020 10/01/20 Sold $145,000 -14.7% --
08/06/2020 08/06/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $169,900 -- --
Source: Lake Superior Area REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $140,000 Up North Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 Future Advance Clause Open End Mortgage
Previous Owner $45,000 Unknown
Previous Owner $241,000 Credit Line Revolving
Source: Public Records

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Source: Lake Superior Area REALTORS®

MLS Number: 6115825

APN: 665010000020