NOT LISTED FOR SALE

5878 Echo Point Rd Tower, MN 55790

Estimated Value: $378,000 - $396,000

3 Beds
2 Baths
768 Sq Ft
$500/Sq Ft Est. Value

About This Home

LAKE VERMILION One of a kind property on Northern Minnesota's premiere vacation destination known for its walleye, bass and muskie fishing located near the Superior National Forest and the Boundary Waters Canoe Area Wilderness. With over 40,000 acres of water to traverse & 365 islands you will see Mother Nature at Her best. This 3 bedroom cabin is at the end of a shared driveway boasting not only 5+ acres but over 800 feet of shoreline w/frontage facing South & East on a natural point. Rustic cabin with great lake view windows in the kitchen and living room, free standing wood burning fireplace and exposed framed walls ready for you to finish by adding tongue & groove or some other medium. There is a 25x20 boathouse at the shoreline with single rail plus a separate sauna building. This is a seasonal property heated by electric baseboard and woodstove and is without septic or well. Close to Fortune Bay for entertainment, dining or enjoying an outing at the Wilderness Golf Course

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Bray John M and Bray Elizabeth A
Bought by
John And Elizabeth Bray Trust
Current Estimated Value
$383,666
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
John And Elizabeth Bray Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Price Changed $379,900 -5.0% $495 / Sq Ft
01/31/2025 01/31/25 For Sale $399,900 -- $521 / Sq Ft

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 $3,516 $298,700 $222,600 $76,100
2023 $3,516 $275,800 $208,100 $67,700
2022 $3,306 $264,500 $200,000 $64,500
2021 $3,214 $223,900 $171,000 $52,900
2020 $3,406 $223,900 $171,000 $52,900
2019 $3,066 $234,200 $183,800 $50,400
2018 $3,056 $217,600 $167,200 $50,400
2017 $3,048 $212,800 $167,300 $45,500
2016 $3,038 $212,800 $167,300 $45,500
2015 $3,484 $226,300 $152,200 $74,100
2014 $3,484 $226,300 $152,200 $74,100
Source: Public Records

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