NOT LISTED FOR SALE

6511 State Highway 1 Tower, MN 55790

Estimated Value: $357,325 - $514,000

3 Beds
2 Baths
1,280 Sq Ft
$356/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $469,000 $366 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,620/month

3 Days on Market

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 and bustle of city life. Step inside to discover a warm and inviting interior with tons of natural light. The cozy living area offers breathtaking views. Enjoy the outdoor sauna and the indoor sauna! The expansive deck offers the perfect spot for sipping morning coffee. The well-appointed kitchen is a chef's delight, boasting granite counter tops, SS appliances & ample storage space. With 3 bedrooms and a full bath & half bath on the main floor and 1 BR (non-egress), family room & sauna/shower on the lower level walkout, there's 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 Listed By

Sherry Zupancich Anderson

Vermilion Land Office Inc License #40026207 Listed on: 03/21/2024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,088

Year Built

1980

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Wood, Dual Fuel/Off Peak, Electric, Gas - Propane
  • Irregular Lot Size: Yes
  • Lower Level Bathrooms: .2
  • Lower Level Bedrooms: 1
  • Lvt Date: 03/21/2024
  • Main Level Bathrooms: 1.5
  • Number Of Bedrooms: 3
  • Parcel Code Number: 560-0010-00675, 01332
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 90
  • Real Estate Tax: 2203
  • Style: One Story
  • Total Above Grade Sq Ft: 1280
  • Type: Residential
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2432
  • Bedroom 1: Size: 11.6x11.3, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Dishwasher, Electric Range, Hood, Microwave, Refrigerator, Water Softener, Washer, Elec. Dryer
  • Basement: Block, Full, Walkout
  • Bedroom 2: Size: 11.3x9.2, On Level: Main
  • Bedroom 3: Size: 11.6x9.9, On Level: Main
  • Dining Room: Size: Combined, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Gas Log, Wood Burning
  • Kitchen: Size: 23.11x12.6, On Level: Main
  • Living Room: Size: 17.5x11.5, On Level: Main
  • Lower Level Sq Ft: 1280
  • Main Level Bedrooms: 3
  • Main Level Sq Ft: 1280
  • Other Room 2: Sauna Room, Size: 11x7.6
  • Rec Room: Size: 31.5x14.4, On Level: Lower

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24x30

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 347x941
  • Number Of Acres: 7
  • Zoning: MU-5

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
Joe Jump
Johnson Hometown Realty
List Price
$469,000
Sold Price
$469,000
Total Days on Market
3
Views
16
Current Estimated Value
$456,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,919
Avg. Annual Appreciation
-2.68%

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
Spear Steven E $469,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rengo Jeffrey J $13,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $469,000 0.0% $366 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $469,000 -- $366 / 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
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

  • Joe Jump

    Buyer's Agent in 2024

    Joe Jump

    Johnson Hometown Realty

    (218) 263-4411

    179 Total Sales

    Joe Jump
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Map

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Source: Range Association of REALTORS®

MLS Number: 146430

Range Association of REALTORS®

APN: 560001001332

Minnesota St Louis County Tower 55790

6511 State Highway 1, Tower, MN

Homes for Sale in Tower, MN

This home is located at 6511 State Highway 1, Tower, MN 55790 since 21 March 2024 and is currently estimated at $456,081, approximately $356 per square foot. This property was built in 1980. 6511 State Highway 1 is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary School and Vermilion Country School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.