$732,000
SOLD JUL 31, 2018

5855 Echo Point Rd Tower, MN 55790

2 Beds
2 Baths
1,800 Sq Ft
2.44 Acres

Recently Sold

$407 Per Sq Ft

8% Below List Price

13 Days on Market

About This Home

As of April 2025

Northern MN getaway on Lake Vermilion! TWO homes for the price of ONE. Great VRBO/Airbnb opportunity! West facing & nestled in a cove off Big Bay, almost 2.5 acres & over 240' of level lake-shore. Minutes from Tower's airport, Seaplane Base & Wilderness Golf Course. 3 car heated GA w/ workshop attached to guesthouse that sleeps 4-6 comfortably. Lake home has 2 car attached GA w/ in floor heat and beautiful Timber Frame Beams throughout. Open dinning rm/kitchen great for entertaining! Walkout tiled basement w/ fire place leads to the private sand beach, fire pit area and boat house! Must SEE!

Last Agent to Sell the Property

Timothy Lillquist

Edina Realty, Inc. License #40328903

Edina Realty, Inc.

Last Buyer's Agent

Member Non

NON-MEMBER

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: Dual Fuel/Off Peak, Electric, In-Floor, Hot Water
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 1
  • Lvt Date: 05/11/2018
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 270-0022-00050
  • Patioporch: Deck, Porch, Covered, Screened
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 8030
  • Style: 2 Story
  • Total Above Grade Sq Ft: 1800
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 2840
  • Bedroom 1: Size: 16x13, On Level: Upper
  • Total Bathrooms: 1.75
  • Appliances: Dishwasher, Refrigerator, Water Softener, Washer, Elec. Dryer, Gas Range
  • Basement: Full, Walkout
  • Bedroom 2: Size: 12x15, On Level: Lower
  • Dining Room: Size: 13x23, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Gas Log
  • Kitchen: Size: 13x18, On Level: Main
  • Living Room: Size: 13x16, On Level: Main
  • Lower Level Sq Ft: 1040
  • Main Level Sq Ft: 1350
  • Other Room 2: Office, Size: 13x10, On Level: Upper
  • Other Room 3: Laundry, Size: 13x9, On Level: Upper
  • Rec Room: Size: 25x38, On Level: Lower
  • Upper Level Sq Ft: 450

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt

Garage/Parking

  • Garage: 2 Stalls, Attached
  • Garage Capacity: 2
  • Garage Size: 24x24

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 445x225
  • Number Of Acres: 2.44
  • Zoning: RES11

Range of Values:

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Average Value
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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

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: 134503

Range Association of REALTORS®

APN: 270002200050