NOT LISTED FOR SALE

95145 Grassy Point Tower, MN 55790

Estimated Value: $497,000 - $629,000

3 Beds
1 Bath
1,976 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $469,000 $237 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,437/month

6 Days on Market

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Baseboard Heating
  • Multiple Fireplaces
  • Ceiling Fan

About This Home

As of August 2022

Charming and spacious, with a secluded Southern exposure, look no further, you have found your cabins, located on 6+ acres amongst the towering pines with 750+ ft of shoreline. This boat access Vermilion retreat with a combined 6 bedrooms sleeps 18 friends & family. Each cabin has an open floor plan, its own kitchen, bathroom, wood burning fireplace and screen porch. Both are finished with knotty pine T&G interiors for that authentic cabin feel. This relaxing retreat is nestled in a quiet, private, protected bay, and includes a 20 x 26 double rail system boathouse with electric remote winches along with a roll out dock. Enjoy the sandy bottom swimming or relax on the point by a crackling fire right at the water's edge. Centrally located on Frazer Bay, this property is truly one of a kind. Includes complete septic system and year-round lake water system. The cabins are being sold fully furnished.

Last Agent to Sell the Property

Sheila Bratley

Vermilion Land Office Inc License #40906336 Listed on: 07/02/2022

Last Buyer's Agent

Sheila Bratley

Vermilion Land Office Inc License #40906336 Listed on: 07/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,913

Year Built

  • Built in 2001

Lot Details

  • 6.42 Acre Lot
  • Irregular Lot
  • Property is zoned RES-8

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,976 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 387-0020-03889

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,913

Year Built

Built in 2001

Lot Details

6.42 Acres

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Wood, Electric, Baseboard
  • Irregular Lot Size: Yes
  • Lvt Date: 07/02/2022
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 387-0020-03889
  • Patioporch: Deck, Covered, Enclosed, Screened
  • Real Estate Tax: 3913.00
  • Style: 1 1/2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1976
  • Bedroom 1: Size: 13x14, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Microwave, Refrigerator
  • Basement: Crawl
  • Bedroom 2: Size: 12x11, On Level: Main
  • Bedroom 3: Size: 39x24, On Level: Upper
  • Dining Room: Size: Inc/Kit, On Level: Main
  • Fireplace: 2 Or More Fireplaces, Wood Burning
  • Kitchen: Size: 10x24, On Level: Main
  • Living Room: Size: 15x15, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: Bathroom, Size: 6x10, On Level: Main
  • Other Room 3: Scr Porch, Size: 8x56, On Level: Main

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Ceiling Fan
  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 914x394
  • Number Of Acres: 6.42
  • Zoning: RES-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Aug 1, 2022
Sold by
Nicholas Benson
Bought by
Dinsmore Jason C and Dinsmore Lauren E
Seller's Agent
Sheila Bratley
Vermilion Land Office Inc
Buyer's Agent
Sheila Bratley
Vermilion Land Office Inc
List Price
$479,000
Sold Price
$469,000
Premium/Discount to List
-$10,000
-2.09%
Current Estimated Value
$587,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,129
Avg. Annual Appreciation
6.57%

Purchase Details

Listed on
May 16, 2020
Closed on
Aug 28, 2020
Sold by
Lushine Frank and Lushine Cheryl
Bought by
Benson Nicholas
Seller's Agent
Julia Maki
B.I.C. Realty
Buyer's Agent
Dan Janisch
Janisch Realty Inc
List Price
$450,000
Sold Price
$424,000
Premium/Discount to List
-$26,000
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$339,200
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Dinsmore Jason C $469,000 None Listed On Document
Benson Nicholas $424,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benson Nicholas $339,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2022 08/05/22 Sold $469,000 -2.1% $237 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $479,000 +13.0% $242 / Sq Ft
08/28/2020 08/28/20 Sold $424,000 -5.8% $215 / Sq Ft View Prior Sale
07/23/2020 07/23/20 For Sale $450,000 0.0% $228 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $450,000 -- $228 / 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 $4,958 $572,200 $188,700 $383,500
2023 $4,958 $448,800 $150,900 $297,900
2022 $3,998 $454,400 $150,900 $303,500
2021 $3,354 $377,800 $150,900 $226,900
2020 $3,220 $316,100 $139,900 $176,200
2019 $3,052 $299,200 $172,600 $126,600
2018 $3,112 $283,900 $157,300 $126,600
2017 $3,024 $284,100 $157,500 $126,600
2016 $3,054 $281,600 $155,000 $126,600
2015 $3,212 $253,100 $111,500 $141,600
2014 $3,212 $263,000 $121,400 $141,600
Source: Public Records

Agents Affiliated with this Home

  • Sheila Bratley

    Seller's Agent in 2022

    Sheila Bratley

    Vermilion Land Office Inc

    (218) 290-1654

    39 Total Sales

    Sheila Bratley
    Section Image
  • Julia Maki

    Seller's Agent in 2020

    Julia Maki

    B.I.C. Realty

    (218) 780-0315

    211 Total Sales

    Julia Maki
    Section Image

  • D

    Buyer's Agent in 2020

    Dan Janisch

    Janisch Realty Inc

    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 143714

Range Association of REALTORS®

APN: 387002003889

Minnesota St Louis County Tower 55790

95145 Grassy Point, Tower, MN

Not Listed for Sale

Detached

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