NOT LISTED FOR SALE

95126 Grassy Point Tower, MN 55790

Estimated Value: $385,000 - $539,000

1 Bed
1 Bath
1,064 Sq Ft
2.8 Acres

Last Sold June 30, 2023

Last sale price $439,000 $413 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,654/month

3 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Baseboard Heating

About This Home

As of June 2023

Breathtaking views and privacy await at this year round cabin located on desirable Grassy Point on Lake Vermilion. Water access property located conveniently close to marinas and public access. 1 bed, 3/4 bath cabin features multiple decks for sipping coffee, open concept kitchen/living room with fireplace, cozy den, vaulted ceilings and sleeping loft. Additional bunkhouse makes hosting a breeze with additional sleeping space, separate deck, and a composting toilet. Sleeping accommodations for 12! Park your toys or enjoy working in the heated garage with ample storage space below. Cabin is being sold furnished with Argo ATV, 31ft dock, and boat lift. Fully paved driveway makes access to this cabin a breeze. 380ft of stunning ledgerock shoreline and 2.8 acres to play makes this destination perfect for the outdoor enthusiast!

Last Agent to Sell the Property

Taylor Glynn

eXp Realty License #40717532 Listed on: 05/17/2023

eXp Realty

Last Buyer's Agent

Sherry Zupancich Anderson

Vermilion Land Office Inc License #40026207

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 2000

Lot Details

  • 2.8

Parking

  • 1 Car Garage

Home Design

  • Loft
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Stone

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 387-0020-03925

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,750

Year Built

Built in 2000

Lot Details

2.8 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Electric, Baseboard, Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 05/17/2023
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 1
  • Parcel Code Number: 387-0020-03925
  • Patioporch: Deck
  • Real Estate Tax: 1750
  • Style: One Story And A Loft
  • Type: Residential
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Finished Sq Ft: 1064
  • Bedroom 1: Size: 11x18
  • Total Bathrooms: 1
  • Appliances: Refrigerator, Washer, Elec. Dryer
  • Basement: Crawl
  • Dining Room: Size: 7x8
  • Fireplace: Free Standing
  • Kitchen: Size: 9x16, On Level: Main
  • Living Room: Size: 11x14
  • Main Level Bedrooms: 1
  • Other Room 2: Den, Size: 9x11
  • Other Room 3: Loft, Size: 8x14

Exterior Features

  • Exterior: Stone, Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage Capacity: 1
  • Garage Size: 456

Utilities

  • Utilities: Septic, Well

Lot Info

  • Lot Size: Dimensions: 399x341
  • Number Of Acres: 2.8
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 23, 2023
Sold by
Archambault Bruce and Archambault Bruce
Bought by
Kurtz Mary
Seller's Agent
Taylor Glynn
eXp Realty
Buyer's Agent
Sherry Zupancich Anderson
Vermilion Land Office Inc
List Price
$449,000
Sold Price
$439,000
Premium/Discount to List
-$10,000
-2.23%
Views
4
Current Estimated Value
$468,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,135
Avg. Annual Appreciation
2.47%
Original Mortgage
$373,150
Outstanding Balance
$363,099
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$105,036

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 23, 2021
Sold by
Schulte Frederick K and Schulte Lori J
Bought by
Archambault Bruce A and Archambault Bruce A
Seller's Agent
Taryn Sandberg
B.I.C. Realty
Buyer's Agent
Samantha Koivunen
Dane Arthur Real Estate Agency
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%

Purchase Details

Closed on
Dec 1, 2004
Sold by
Schulte Ryan E and Schulte Jamie
Bought by
Schulte Frederick K and Schulte Lori J

Purchase Details

Closed on
Oct 22, 2004
Sold by
Schulte Frederick K and Schulte Lori J
Bought by
Schulte Ryan E and Schulte Jayne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kurtz Mary $439,000 --
Archambault Bruce A $349,000 All American Title
Schulte Frederick K -- All American Title Company
Schulte Ryan E -- --
Archambault Bruce Bruce $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurtz Mary $373,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $439,000 -2.2% $413 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $449,000 +28.7% $422 / Sq Ft
06/23/2021 06/23/21 Sold $349,000 0.0% $328 / Sq Ft View Prior Sale
05/27/2021 05/27/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $349,000 -- $328 / Sq Ft
Source: Range Association of REALTORS®

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 $2,902 $343,600 $157,100 $186,500
2023 $2,902 $272,800 $127,900 $144,900
2022 $1,750 $272,800 $127,900 $144,900
2021 $1,654 $212,600 $124,600 $88,000
2020 $1,470 $201,400 $124,600 $76,800
2019 $1,302 $184,900 $135,500 $49,400
2018 $1,326 $173,000 $123,600 $49,400
2017 $1,256 $173,000 $123,600 $49,400
2016 $1,288 $170,500 $121,100 $49,400
2015 $1,132 $116,700 $82,300 $34,400
2014 $1,132 $126,000 $91,000 $35,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 145016

Range Association of REALTORS®

APN: 387002003925

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