Estimated payment $2,427/month
Total Views
7,034
2
Beds
1.5
Baths
936
Sq Ft
$415
Price per Sq Ft
Highlights
- 104 Feet of Waterfront
- No HOA
- Living Room
- Deck
- Eat-In Kitchen
- 1-Story Property
About This Home
Experience peace and tranquility year-round in this stunning 4 season, 2-bedroom, 2-bath home, beautifully situated on a gently sloping lot with 104 feet of shoreline along the serene Pike River, offering direct access to Pike Bay on beautiful Lake Vermilion. Recently renovated to perfection, this home features new flooring, modern kitchen cabinets, sleek countertops, contemporary lighting, updated bathrooms, and fresh paint throughout. The spacious lower level includes a walk-out that currently serves as a family room or extra sleeping area. Whether you're looking for an investment opportunity or your very own lakeside retreat, this property promises both relaxation and adventure. Don't miss out on making this dream home your reality! Perfect for those who love the water and cherish nature's beauty. Make it yours today and start living the lake life you've always dreamed of!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,403
Year Built
- Built in 1980
Lot Details
- 0.69 Acre Lot
- Lot Dimensions are 304x126x296x104
- 104 Feet of Waterfront
- Lake Front
Interior Spaces
- 936 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Propane
- Private Water Source
- Well
- Septic System
Community Details
- No Home Owners Association
- Immaculate Heart Of Mary Beach T Of Vermillio Subdivision
Listing and Financial Details
- Assessor Parcel Number 560001500025
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,964 | $284,500 | $111,700 | $172,800 |
| 2022 | $3,080 | $253,800 | $102,000 | $151,800 |
| 2021 | $2,114 | $207,600 | $83,500 | $124,100 |
| 2020 | $2,170 | $196,800 | $83,500 | $113,300 |
| 2019 | $2,072 | $196,800 | $83,500 | $113,300 |
| 2018 | $1,988 | $192,200 | $78,900 | $113,300 |
| 2017 | $1,956 | $181,400 | $79,000 | $102,400 |
| 2016 | $1,964 | $174,200 | $83,200 | $91,000 |
| 2015 | $2,069 | $174,200 | $83,200 | $91,000 |
| 2014 | $2,069 | $174,200 | $83,200 | $91,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | Pending | -- | -- | -- |
| 07/10/2025 07/10/25 | Price Changed | $388,000 | -2.5% | $415 / Sq Ft |
| 06/12/2025 06/12/25 | Price Changed | $398,000 | -4.6% | $425 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $417,000 | +39.0% | $446 / Sq Ft |
| 10/12/2022 10/12/22 | Sold | $300,000 | -9.0% | $305 / Sq Ft |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | Price Changed | $329,500 | -2.9% | $335 / Sq Ft |
| 08/15/2022 08/15/22 | Price Changed | $339,500 | 0.0% | $345 / Sq Ft |
| 08/15/2022 08/15/22 | For Sale | $339,500 | +3.0% | $345 / Sq Ft |
| 08/05/2022 08/05/22 | For Sale | $329,500 | 0.0% | $335 / Sq Ft |
| 08/04/2022 08/04/22 | Pending | -- | -- | -- |
| 07/25/2022 07/25/22 | For Sale | $329,500 | -- | $335 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Edina Realty Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $250,000 | Arrowhead Abstract & Title C |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | New Conventional | |
| Previous Owner | $118,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Tower, MN
Source: NorthstarMLS
MLS Number: 6729394
APN: 560001500025
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