NOT LISTED FOR SALE

6511 Highway 1 Tower, MN 55790

Estimated Value: $317,637 - $532,000

3 Beds
3 Baths
2,432 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $469,000 $193 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,457/month

4 Days on Market

Highlights

  • 1,175 Feet of Waterfront
  • Deck
  • Sauna
  • Beach Access
  • Wood Burning Stove
  • 2 Fireplaces

About This Home

As of April 2024

Welcome to your secluded lakeside retreat in Northern Minnesota's breathtaking wilderness. Tucked away along the tranquil shores of the Pike River Flowage situated on 7 acres with 1175' of lake frontage minutes from beautiful Lake Vermilion, this home offers a serene escape from the hustle & bustle of city life. Step inside to discover a warm &, inviting interior with tons of natural light. The cozy living area offers breathtaking views. Enjoy the indoor sauna or the outdoor sauna! The expansive deck offers the perfect spot for sipping morning coffee. The well-appointed kitchen is a chef's delight, boasting granite countertops, SS appliances and ample storage space. With 3 BRs and 1 1/2 baths on the main floor, the lower level walkout includes 1 BR (non egress), family room and sauna/shower, leaves plenty of space to unwind in comfort. Easy access to snowmobile, hiking, and ski trails. Whether you're seeking adventure or tranquility, this lakeside retreat has it all!

Last Agent to Sell the Property

Sherry Zupancich Anderson

Vermilion Land Office, Inc. Listed on: 03/21/2024

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,203

Year Built

  • Built in 1980

Lot Details

  • 7 Acre Lot
  • Lot Dimensions are 347x941
  • 1,175 Feet of Waterfront
  • River Front
  • Irregular Lot
  • Many Trees
  • Additional Parcels

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Gas Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Private Water Source
  • Water Softener is Owned
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 560001001332

Community Details

Overview

  • No Home Owners Association
  • Vermilion Lake Town Of Subdivision

Amenities

  • Sauna

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,203

Year Built

Built in 1980

Lot Details

7 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1280
  • Water Body Name: Pike River Flowage
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FireNumber: 6511
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Walkout
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Fuel Tank - Rented, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Wood Burning Stove
  • Living Area: 2432
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1152
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Sauna

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: River
  • Other Structures: Sauna
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • LakeChain: N
  • Waterfront Frontage: 1175

Garage/Parking

  • Parking Features: Detached, Gravel

Utilities

  • Heating: Dual, Fireplace(s)
  • Sewer: Private Sewer
  • Fuel: Electric,Propane,Wood
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictPhone: 218-749-8130

Lot Info

  • Topography: High Ground,Level,Sloped
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 347x941
  • Lot Size Sq Ft: 304920
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot, Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 560001001332
  • Tax Annual Amount: 2203
  • TaxWithAssessments: 2288.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 26, 2024
Sold by
Rengo Jeffrey J and Rengo Pamela M
Bought by
Spear Steven E and Larson Wendy R
Seller's Agent
Sherry Zupancich Anderson
Vermilion Land Office, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$469,000
Sold Price
$469,000
Views
32
Current Estimated Value
$459,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,841
Avg. Annual Appreciation
-1.16%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Spear Steven E $469,000 American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $469,000 0.0% $193 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $469,000 -- $193 / Sq Ft
Source: NorthstarMLS

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 $1,088 $209,100 $34,500 $174,600
2023 $1,088 $204,700 $30,100 $174,600
2022 $918 $178,700 $27,200 $151,500
2021 $730 $131,200 $18,800 $112,400
2020 $726 $113,000 $18,800 $94,200
2019 $944 $113,000 $18,800 $94,200
2018 $962 $136,700 $18,800 $117,900
2017 $796 $136,700 $18,800 $117,900
2016 $818 $122,100 $21,300 $100,800
2015 $876 $95,800 $16,700 $79,100
2014 $793 $95,800 $16,700 $79,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6503053

NorthstarMLS

APN: 560001001332

Your Personal Tour Guide

Ask me questions while you tour the home.