$1,335,000
SOLD APR 1, 2025

5855 Echo Point Rd Tower, MN 55790

6 Beds
6 Baths
3,482 Sq Ft
2.5 Acres

Recently Sold

$383 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

Last Buyer's Agent

Chessica Olson

z' Up North Realty License #20452068

Map

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,488

Year Built

2006

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Electric, Gas - Propane
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 1
  • Lvt Date: 04/01/2025
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 6
  • Parcel Code Number: 270002200050
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 90
  • Real Estate Tax: 10444
  • Style: 2 Story
  • Total Above Grade Sq Ft: 3482
  • Type: Residential
  • Upper Level Bedrooms: 2
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 4698
  • Bedroom 1: Size: 13 x 16, On Level: Upper
  • Total Bathrooms: 6
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Elec. Dryer
  • Basement: Full, Walkout
  • Bedroom 2: Size: 10 x 13, On Level: Upper
  • Bedroom 3: Size: 9 x 13, On Level: Main
  • Dining Room: Size: 13 x 19, On Level: Main
  • Fireplace: 1 Fireplace
  • Kitchen: Size: 14 x 19, On Level: Main
  • Living Room: Size: 12 x 16, On Level: Main
  • Lower Level Sq Ft: 1351
  • Main Level Bedrooms: 1
  • Main Level Sq Ft: 1351
  • Other Room 2: Bedroom 4, Size: 12 x 15, On Level: Lower
  • Other Room 3: Bedroom 5, Size: 10 x 13, On Level: Main
  • Rec Room: Size: 23 x 25, On Level: Lower
  • Upper Level Sq Ft: 2131

Exterior Features

  • Exterior: Log
  • Roof: Shingle

Garage/Parking

  • Garage: 3+ Stalls, Attached
  • Garage Capacity: 8
  • Garage Size: 24 x 24

Utilities

  • Utilities: Septic, Well
  • Water Heater: Gas

Schools

  • School District: Tower/Soudan- 2142

Lot Info

  • Lot Size: Dimensions: 160x525
  • Number Of Acres: 2.5
  • Zoning: Resid

Range of Values:

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Average Value
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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
04/01/2025 04/01/25 Sold $1,335,000 -2.9% $383 / 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% $407 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $795,000 -- $442 / Sq Ft
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 $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

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

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,375,000 Ancona Title
Deed $732,000 Northeast Title Company
Source: Public Records

Source: Range Association of REALTORS®

MLS Number: 148088

Range Association of REALTORS®

APN: 270002200050