$1,335,000
SOLD APR 1, 2025

5855 Echo Point Rd Tower, MN 55790

6 Beds
6 Baths
4,698 Sq Ft
2.5 Acres

Recently Sold

$284 Per Sq Ft

About This Home

As of April 2025

Located on the shores of Lake Vermilion, this perfect retreat includes a 4 bedroom home overlooking the stunning views of Lake Vermilion, a boat house with 2 rail systems, a guest house with 2 bedrooms, plus 2 heated garages with a total of 8 stalls combined! The attached garage to the guest house has 3 double stall garage spaces. The home is nestled between mature trees with 230 feet of crystal-clear water shoreline and a sandy beach. The guest house is located behind the maim house just a short walk away but tucked amongst the trees for privacy. The guest house includes an attached heated garage with 6 stalls and a large workshop. The lot is over 2 acres with a storage shed ad room for parking and equipment storage. This custom - built home was designed to capture the beauty of the lake from every room. The beauty of the exposed warm wood beams creates an immediate feeling of rest and peacefulness. The boat house with 2 rail systems makes boating an ease.

Last Agent to Sell the Property

Chessica Olson

z' Up North Realty License #20452068 Listed on: 03/28/2025

Last Buyer's Agent

Chessica Olson

z' Up North Realty License #20452068 Listed on: 03/28/2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Mar 28, 2025
Sold by
Jensen Steve G and Cassidy-Jensen Colleen M
Bought by
Andreasen Karl and Strand Cynthia
Seller's Agent
Chessica Olson
z' Up North Realty
Buyer's Agent
Chessica Olson
z' Up North Realty
Sold Price
$1,335,000
Views
1
Current Estimated Value
$1,378,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,787
Avg. Annual Appreciation
-33.45%

Purchase Details

Listed on
May 11, 2018
Closed on
Jul 13, 2018
Sold by
Lillibridge Karen Diane
Bought by
Jensen Steve G and Cassidy Jensen Colleen M
Seller's Agent
Timothy Lillquist
Edina Realty, Inc.
Buyer's Agent
Member Non
NON-MEMBER
List Price
$795,000
Sold Price
$732,000
Premium/Discount to List
-$63,000
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$224,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,375,000 Ancona Title
Deed $732,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $224,500 New Conventional
Previous Owner $475,000 Commercial
Previous Owner $489,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $1,335,000 -2.9% $284 / Sq Ft
04/01/2025 04/01/25 Sold $1,375,000 -5.2% $411 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
02/10/2025 02/10/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $1,450,000 +98.1% $433 / Sq Ft
07/31/2018 07/31/18 Sold $732,000 -7.9% $258 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $795,000 -- $280 / 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
2023 $11,488 $802,300 $278,500 $523,800
2022 $9,836 $770,800 $268,000 $502,800
2021 $9,716 $642,100 $229,900 $412,200
2020 $10,886 $642,100 $229,900 $412,200
2019 $8,616 $697,300 $240,100 $457,200
2018 $8,090 $634,000 $218,900 $415,100
2017 $8,040 $593,800 $219,000 $374,800
2016 $8,100 $593,800 $219,000 $374,800
2015 $9,209 $650,600 $222,100 $428,500
2014 $9,209 $643,600 $222,100 $421,500
Source: Public Records

Agents Affiliated with this Home

  • Linda Powers

    Seller's Agent in 2025

    Linda Powers

    LaBelle Real Estate Group Inc

    (651) 315-4119

    114 Total Sales

    Linda Powers
    Section Image
  • Chessica Olson

    Seller's Agent in 2025

    Chessica Olson

    z' Up North Realty

    (763) 257-5080

    65 Total Sales

    Chessica Olson
    Section Image
  • Timothy Lillquist

    Seller's Agent in 2018

    Timothy Lillquist

    Edina Realty, Inc.

    (612) 834-5769

    42 Total Sales

    Timothy Lillquist
    Section Image

  • M

    Buyer's Agent in 2018

    Member Non

    NON-MEMBER

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 148088

Range Association of REALTORS®

APN: 270002200050

Minnesota St Louis County Tower 55790

5855 Echo Point Rd, Tower, MN

This home is located at 5855 Echo Point Rd, Tower, MN 55790 and is currently priced at $1,335,000, approximately $284 per square foot. This property was built in 2006. 5855 Echo Point Rd is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School.

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.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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