NOT LISTED FOR SALE

5893 Echo Point Rd Tower, MN 55790

Estimated Value: $389,000 - $478,000

2 Beds
1 Bath
896 Sq Ft
$493/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $180,000 $201 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,591/month

10 Days on Market

Highlights

  • Deck
  • Baseboard Heating
  • Gas Log Fireplace
  • 1-Story Property

About This Home

As of April 2019

Older 896 sq. ft. cabin on Lake Vermilion on 1.5 acre lot. Located on Echo Pt near Tower and Fortune Bay, lot is mostly wooded and has 143' of frontage and partial big water views of Big Bay. Cabin has 2 beds/1 bath, screen porch and deck. Property also includes several storage buildings and dock.

Last Agent to Sell the Property

Julia Maki

B.I.C. Realty License #40377638 Listed on: 03/02/2019

Last Buyer's Agent

Member Non

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,224

Year Built

  • Built in 1974

Lot Details

  • 1.5 Acre Lot
  • Irregular Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • The lake is a source of water for the property
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 270-0021-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,224

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Gas, Electric, Baseboard
  • Irregular Lot Size: Yes
  • Lvt Date: 03/02/2019
  • Number Of Bedrooms: 2
  • Parcel Code Number: 270-0021-00010
  • Patioporch: Deck
  • Real Estate Tax: $3224
  • Style: One Story
  • Total Above Grade Sq Ft: 896
  • Type: Residential
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 896
  • Bedroom 1: Size: 10x12, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Refrigerator, Washer, Elec. Dryer
  • Basement: Crawl
  • Bedroom 2: Size: 8x10, On Level: Main
  • Dining Room: Size: 5x6, On Level: Main
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 12x10, On Level: Main
  • Living Room: Size: 10x12, On Level: Main
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 896

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Size: 12x20

Utilities

  • Utilities: Septic, Lake Water System

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 350x143
  • Number Of Acres: 1.5
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2019
Closed on
Apr 5, 2019
Sold by
Revocable Tr Agmt Of Lorine Jeanette Kna
Bought by
Indihar Roth
Seller's Agent
Julia Maki
B.I.C. Realty
Buyer's Agent
Member Non
NON-MEMBER
List Price
$165,000
Sold Price
$180,000
Premium/Discount to List
$15,000
9.09%
Current Estimated Value
$442,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,007
Avg. Annual Appreciation
14.68%
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
Indihar Roth $180,000 All American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $180,000 +9.1% $201 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/02/2019 03/02/19 For Sale $165,000 -- $184 / Sq Ft
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 $3,196 $278,500 $193,400 $85,100
2023 $3,196 $257,300 $181,700 $75,600
2022 $2,984 $247,200 $175,200 $72,000
2021 $2,944 $210,900 $151,800 $59,100
2020 $3,522 $210,900 $151,800 $59,100
2019 $3,280 $246,900 $162,400 $84,500
2018 $3,224 $232,600 $148,100 $84,500
2017 $3,216 $224,400 $148,100 $76,300
2016 $3,208 $224,400 $148,100 $76,300
2015 $3,569 $231,700 $153,000 $78,700
2014 $3,569 $231,700 $153,000 $78,700
Source: Public Records

Agents Affiliated with this Home

  • Julia Maki

    Seller's Agent in 2019

    Julia Maki

    B.I.C. Realty

    (218) 780-0315

    216 Total Sales

    Julia Maki
    Section Image

  • M

    Buyer's Agent in 2019

    Member Non

    NON-MEMBER

See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 136531

Range Association of REALTORS®

APN: 270002100010

Minnesota St Louis County Tower 55790

5893 Echo Point Rd, Tower, MN

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