NOT LISTED FOR SALE

5893 Echo Point Rd Tower, MN 55790

Estimated Value: $274,401 - $386,000

2 Beds
1 Bath
896 Sq Ft
$342/Sq Ft Est. Value

Last Sold April 05, 2019

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

Est. 72% increase in value since last sale

Current estimated payment $1,980/month

10 Days on Market

Highlights

  • Lake Front
  • Wood Siding
  • 1-Story Property
  • Wood Burning Stove

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 Listed By

Julia Maki

BIC Realty Listed on: 03/02/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 1974

Lot Details

  • 1.49 Acre Lot
  • Lot Dimensions are 143x350
  • Lake Front
  • Property fronts a county road

Parking

  • 1 Car Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • 60 Amp Service
  • Private Sewer

Community Details

  • Aga Ming Town Of Breitung Subdivision

Listing and Financial Details

  • Assessor Parcel Number 270002100010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,164

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: None
  • Outside Features: Wood
  • Garage Spaces: 1.00
  • Accessibility Features: None
  • Water Source: Other
  • Fuel Type: Wood
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 896.00
  • Above Grade Finished Area Search: 896.00
  • Above Grade Finished Sq Ft: 896.00
  • Assessment Pending Y N: Yes
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 76
  • List A O R Key Numeric: 14781
  • Listing Organization: Iowa
  • Living Area Finished: 896.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 896.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 270002100010
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 60.00
  • Water Body Name: Vermilion
  • Waterfront Frontage: 143
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Dining Room Features: Informal Dining Room
  • Bathroom Type: Main Floor 3/4 Bath
  • Living Area: 896.00
  • Fireplace: No
  • Stories: 1

Beds/Baths

  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 39272.25000
  • Waterfront View: Panoramic
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Driveway - Gravel

Utilities

  • Heating: Wood Stove
  • Sewer: Private
  • Electric: 60 Amp Service

Schools

  • School District: 2142 - St. Louis County
  • School District Phone: 218-749-8130

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Assessment Pending: Yes
  • Lot Size: 143x350
  • Homestead: No
  • Lot Features: Tree Coverage - Medium
  • Lot Size Acres: 1.4920
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT: 0001 BLOCK:001, AGA Ming Town of Breitung
  • Tax Amount: 3164.00
  • Tax Year: 2018
  • Tax With Assessments: 3224.00
  • Assessor Parcel Number: 270002100010

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front

MLS Schools

  • School District Name: 2142 - St. Louis County

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
BIC Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$165,000
Sold Price
$180,000
Premium/Discount to List
$15,000
9.09%
Total Days on Market
10
Current Estimated Value
$309,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,202
Avg. Annual Appreciation
9.11%

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

Purchase History

Date Buyer Sale Price Title Company
Indihar Roth $180,000 All American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: NorthstarMLS

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
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

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Source: NorthstarMLS

MLS Number: NST5194625

NorthstarMLS

APN: 270002100010