$145,000
SOLD OCT 1, 2020

5823 N Pine Island Tower, MN 55790

2.55 Acres
$56,863 Price per Acre
111,078 Sq Ft Lot

Recently Sold

15% Below List Price

50 Days on Market

About This Lot

As of October 2020

Check out this absolutely gorgeous 2.5 Acre, 500 + feet of shoreline located on Pine Island. The property has been surveyed and is completely ready to build the cabin of your dreams. Features include East and West facing sandy lakeshore, New Septic System, 200 Amp Electric service, Permitted Privy, 3 Docks, Large deck situated at the waters edge, and so much more!!!!

Last Agent to Sell the Property

Scott Beaudette

Culbert Realty License #20429981

Last Buyer's Agent

Scott Beaudette

Culbert Realty License #20429981

Map

Property Details

Property Type

Land

Est. Annual Taxes

$1,380

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 06/17/2020
  • Real Estate Tax: 1170.00
  • Type: Waterfront
  • Lot Size Length: 700
  • Lot Size Width: 175
  • Lake Frontage: 500'+ Lake Vermilion
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Vermilion
  • Waterfront: 1 - Lake

Utilities

  • Utilities: Electricity, Septic

Schools

  • School District: Tower/Soudan

Lot Info

  • Number Of Acres: 2.55
  • Zoning: Res-8
  • Improvements: Dock
  • Land Description: 2.55 Acres with beautiful beach cleared with building site.
  • Topography: Boat Access Only, Level

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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: 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
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

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

Deed History

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

Similar Properties in Tower, MN

  • 5829 Pine Island N, Tower, MN 55790

    $129,900

    • Land
    • 2.63 Acres
    • $49,392 per Acre
    • 5829 Pine Island N
    • Tower, MN

    LAKE VERMILION PINE ISLAND LOT: Have you fallen in Love with Lake Vermilion and want to own your private boat access lot? This property is unique since it is on a peninsula with approximately 369' of shoreline facing North PLUS approximately 150' of shoreline to the Southwest. The land is heavily wooded with a mixture of pines, popal and birch. There is a gentle incline to the perfect location

    Betsy Clark Northwoods Land Office, Inc

    Section Image
  • XX Pine Island NW, Tower, MN 55790

    $129,900

    • Land
    • 2.63 Acres
    • $49,392 per Acre
    • XX Pine Island NW
    • Tower, MN

    LAKE VERMILION PINE ISLAND LOT: Have you fallen in Love with Lake Vermilion and want to own your private boat access lot? This property is unique since it is on a peninsula with approximately 369' of shoreline facing North PLUS approximately 150' of shoreline to the Southwest. The land is heavily wooded with a mixture of pines, popal and birch. There is a gentle incline to the perfect

    Betsy Clark Northwoods Land Office

    Section Image
  • Peninsula Lake Vermilion N, Tower, MN 55790

    $174,000

    • Land
    • 2.6 Acres
    • $66,923 per Acre
    • Peninsula Lake Vermilion N
    • Tower, MN

    Rare—Build Your Nest On This Lake Vermilion Peninsula Near The Boundary Waters, Short Motorboat Ride Across Calm Water To Choice Of Marinas. Large & unspoiled 2.6 acre parcel w/Apx 1,235 ft shoreline, sunrise to sunset views w/eastern, southern & western exposure. For travelers from down-state, the closest entry point to the BWCAW is through Lake Vermilion’s Trout Lake, just 3 miles from this

    Lisa Janisch Janisch Realty, Inc

    Section Image

Source: Range Association of REALTORS®

MLS Number: 139637

Range Association of REALTORS®

APN: 665010000020