NOT LISTED FOR SALE

5858 Echo Point Rd Tower, MN 55790

Estimated Value: $864,000 - $1,194,380

3 Beds
3 Baths
2,736 Sq Ft
$359/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2021

Last sale price $815,000 $298 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,297 / mo

49 Days on Market

Highlights

  • Deck
  • Heating Available
  • Gas Log Fireplace
  • Water Softener

About This Home

As of February 2021

Custom One Owner Lake Vermilion Log Home Set Against Spectacular Ledgerock Outcropping On Apx 6 Acres & 380 Ft Excellent Swimming Shoreline W/Panoramic Island Studded Views! Private Location On Echo Point, just 10 mi to town/airport. Professionally built 2794 SF, 3B/3B home, wood burning log sauna w/sink & lakeside deck, 40x26 heated garage w/concrete flr, 1 stall garage, woodshed, dock. Great rm w/natural light pouring in two story tall Marvin windows, massive stone gas log fireplace, oak hardwood flr, glass doors open to lakefront deck. Upscale kitchen w/island open to great rm, dining--all lakeside. Luxurious main flr King BR w/spa bath. Spacious loft w/water view, guest BR & BTH. Walkout garden level features office, laundry, guest BR, BTH & den w/glass door to lakeside patio. Economical Steffes off peak heat. Frontier high speed internet. Open yard for activities, picnic on the point! Click link for 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 11/17/2020

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,644

Year Built

  • Built in 1988

Lot Details

  • 5.75 Acre Lot
  • Irregular Lot

Parking

  • 3 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 2,736 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Heating Available
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 270-0070-01370, -20-01622

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,644

Year Built

Built in 1988

Lot Details

5.75 Acres

Listing Details

  • Class: Residential
  • Construction: Log
  • Heat: Dual Fuel/Off Peak, Electric
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 1
  • Lvt Date: 11/19/2020
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 270-0070-01370, -20-01622
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 93
  • Real Estate Tax: 9644.00
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 2736
  • Bedroom 1: Size: 15.5x14.5, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Dishwasher, Hood, Microwave, Water Softener, Washer, Elec. Dryer, Gas Range
  • Basement: Crawl, Full, Walkout
  • Bedroom 2: Size: 25x17.5, On Level: Upper
  • Bedroom 3: Size: 11.5x10, On Level: Lower
  • Dining Room: Size: 14x8.5, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 17x16, On Level: Main
  • Living Room: Size: 31x17, On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Laundry, Size: 13x10.5, On Level: Lower
  • Rec Room: Size: 16x13.5, On Level: Lower

Exterior Features

  • Exterior: Log
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls
  • Garage Capacity: 3
  • Garage Size: 10x26

Utilities

  • Utilities: Septic, Well, Telephone
  • Water Heater: Elec. Off Peak

Lot Info

  • Lot Size: Dimensions: 825x325
  • Number Of Acres: 5.75
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Feb 26, 2021
Sold by
Ronald N Siiro Revocable Trust and Siiro Ronald N
Bought by
Rydberg Nicholas and Rydberg Allyson Susanne
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Member Non
NON-MEMBER
List Price
$798,500
Sold Price
$815,000
Premium/Discount to List
$16,500
2.07%
Current Estimated Value
$981,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,595
Avg. Annual Appreciation
3.71%
Original Mortgage
$652,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Siiro Ronald N and Siiro Mary Patricia
Bought by
Siiro Ronald N and The Ronald N Siiro Revocable T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rydberg Nicholas -- None Listed On Document
Siiro Ronald N -- --
Rydberg Nicholas Nicholas $815,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rydberg Nicholas $652,000
Closed Rydberg Nicholas Nicholas $805,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $815,000 +2.1% $298 / Sq Ft
01/08/2021 01/08/21 For Sale $798,500 0.0% $292 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $798,500 -- $292 / 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
2024 $12,114 $950,600 $393,700 $556,900
2023 $12,114 $862,300 $367,500 $494,800
2022 $7,908 $824,800 $353,000 $471,800
2021 $7,848 $569,300 $300,600 $268,700
2020 $9,366 $569,300 $300,600 $268,700
2019 $8,468 $654,000 $323,900 $330,100
2018 $8,074 $625,000 $294,900 $330,100
2017 $8,024 $592,900 $294,900 $298,000
2016 $8,084 $592,900 $294,900 $298,000
2015 $8,293 $590,700 $258,800 $331,900
2014 $8,293 $590,700 $258,800 $331,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 140575

Range Association of REALTORS®

APN: 270007001370

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