6
Beds
6
Baths
4,698
Sq Ft
2.5
Acres
Highlights
- Deck
- 8 Car Attached Garage
- Heating System Uses Propane
- Fireplace
About This Home
As of April 2025Located 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
z' Up North Realty License #20452068 Listed on: 03/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,444
Year Built
- Built in 2006
Parking
- 8 Car Attached Garage
Home Design
- Wood Frame Construction
- Shingle Roof
- Log Siding
Interior Spaces
- 4,698 Sq Ft Home
- 2-Story Property
- Fireplace
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Electric Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Propane
- Well
- Gas Water Heater
- Septic System
Additional Features
- Deck
- 2.5 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 270002200050
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
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
11.36%
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
Similar Homes in Tower, MN
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
Average Home Value in this Area
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
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
112 Total Sales
-
Chessica Olson
Seller's Agent in 2025
Chessica Olson
z' Up North Realty
(763) 257-5080
65 Total Sales
-
Timothy Lillquist
Seller's Agent in 2018
Timothy Lillquist
Edina Realty, Inc.
(612) 834-5769
41 Total Sales
-
M
Buyer's Agent in 2018
Member Non
NON-MEMBER
Map
Source: Range Association of REALTORS®
MLS Number: 148088
APN: 270002200050
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.
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.
Nearby Homes
- 5878 Echo Point Rd
- 5729 Puncher Point Rd
- 105 Marjo (3 Br) Dr
- TBD 24 Lake Ave Ave S
- TBD 5 Lake Ave Ave S
- TBD 6 Lake Ave Ave S
- TBD #29 Lake Ave
- TBD Vermillion Dr
- 1880 Everett Rd S
- 80048 Tamarack
- 80052 Tamarack
- 80054 Tamarack
- 5617 Pine St
- 125 Marjo (4 Br) Dr
- 128 Marjo Dr
- Lot 128 Marjo Dr
- Lot 105 Marjo Dr
- 125 Marjo Dr
- 105 Marjo Dr
- Lot 125 Marjo Dr