NOT LISTED FOR SALE

5862 Echo Point Rd Tower, MN 55790

Estimated Value: $449,000 - $570,000

2 Beds
1 Bath
952 Sq Ft
$526/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $520,000 $546 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,827/month

9 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of August 2024

2 bedroom, 1 bath year round mobile home on 2.28 acres w/ 157' of Lake Vermilion Lakeshore w/a 2 stall garage, an outdoor kitchen and a sauna. The outdoor space is one-of-a-kind with its custom outdoor kitchen with vaulted ceilings, beam accents, granite counters & built-in appliances, all overlooking the spacious front yard with gorgeous lake views overlooking Pike Bay. The outdoor sauna is just off the kitchen with tongue and groove cedar and a wood burning stove. 26x27 detached pole building with an overhead door on the front and back, for easy access and storage. County approved privy and a compliant septic system. And let's not forget about the 157' of Lakeshore with a gradual slope to the lake, 2 docks, a deck at waters edge and the views! This is a must see property with endless potential on the wooded lot with mature trees and close to Fortune Bay.

Last Agent to Sell the Property

Brenda Skelton

Ahrens Thompson Realty, Inc License #20459185 Listed on: 06/17/2024

Last Buyer's Agent

Brenda Skelton

Ahrens Thompson Realty, Inc License #20459185 Listed on: 06/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1987

Lot Details

  • 2.28 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Rubber Roof
  • Metal Roof

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Washer
  • Gas Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 270-0021-00140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,365

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Manufactured
  • Heat: Forced Air, Gas - Propane
  • Lvt Date: 06/17/2024
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 270-0021-00140
  • Patioporch: Deck, Porch, Covered
  • Real Estate Tax: $2365
  • Style: One Story
  • Type: Residential
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 952
  • Bedroom 1: Size: 9x8, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Washer, Gas Dryer
  • Bedroom 2: Size: 11x13, On Level: Main
  • Kitchen: Size: 12x13, On Level: Main
  • Living Room: Size: 15x13, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Laundry, Size: 7.6x5, On Level: Main
  • Rec Room: Size: 13x11, On Level: Main

Exterior Features

  • Exterior: Steel
  • Roof: Metal, Rubber

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 26x27

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 785x125
  • Number Of Acres: 2.28
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Aug 8, 2024
Sold by
Krueger Mark and Krueger Rachelle
Bought by
Kusske Jason and Kusske Erin
Seller's Agent
Brenda Skelton
Ahrens Thompson Realty, Inc
Buyer's Agent
Brenda Skelton
Ahrens Thompson Realty, Inc
List Price
$475,000
Sold Price
$520,000
Premium/Discount to List
$45,000
9.47%
Views
3
Current Estimated Value
$501,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,873
Avg. Annual Appreciation
-2.87%

Purchase Details

Listed on
Mar 10, 2016
Closed on
Mar 28, 2016
Sold by
Harkins Susan E and Estate Of Richard James Harkin
Bought by
Krueger Mark A
Seller's Agent
Jared Ahrens
Ahrens Thompson Realty, Inc
Buyer's Agent
Jared Ahrens
Ahrens Thompson Realty, Inc
Sold Price
$174,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$80,000
Interest Rate
3.62%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Jun 27, 2014
Sold by
Saisa Gerald E and Saisa Joyce I
Bought by
Harkins Richard J
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 Buyer Sale Price Title Company
Kusske Jason $520,000 --
Krueger Mark A $174,500 None Available
Harkins Richard J $185,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krueger Mark A $80,000
Closed Harkins Richard J $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2024 08/08/24 Sold $520,000 +9.5% $546 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $475,000 +172.2% $499 / Sq Ft
03/31/2016 03/31/16 Sold $174,500 -- $160 / Sq Ft View Prior Sale
03/10/2016 03/10/16 Pending -- -- --
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
2024 $2,290 $260,300 $227,400 $32,900
2023 $2,290 $242,800 $213,500 $29,300
2022 $2,450 $233,700 $205,800 $27,900
2021 $2,222 $200,800 $177,900 $22,900
2020 $2,554 $199,500 $177,900 $21,600
2019 $2,160 $219,900 $190,100 $29,800
2018 $2,080 $201,500 $173,600 $27,900
2017 $2,098 $193,300 $173,600 $19,700
2016 $2,114 $192,900 $173,600 $19,300
2015 $3,438 $180,400 $156,800 $23,600
2014 $3,438 $223,400 $173,600 $49,800
Source: Public Records

Agents Affiliated with this Home

  • Brenda Skelton

    Seller's Agent in 2024

    Brenda Skelton

    Ahrens Thompson Realty, Inc

    (218) 290-2208

    230 Total Sales

    Brenda Skelton
    Section Image
  • Jared Ahrens

    Seller's Agent in 2016

    Jared Ahrens

    Ahrens Thompson Realty, Inc

    (218) 229-2536

    10 Total Sales

    Jared Ahrens
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 146897

Range Association of REALTORS®

APN: 270002100140

Minnesota St Louis County Tower 55790

5862 Echo Point Rd, Tower, MN

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