$174,000

Peninsula Lake Vermilion N Tower, MN 55790

Estimated payment $1,087/month

Total Views 23,339
2.6 Acres
$66,923 Price per Acre
113,256 Sq Ft Lot

About This Lot

Rare—Build Your Nest On This Lake Vermilion Peninsula Near The Boundary Waters, Short Motorboat Ride Across Calm Water To Choice Of Marinas. Large & unspoiled 2.6 acre parcel w/Apx 1,235 ft shoreline, sunrise to sunset views w/eastern, southern & western exposure. For travelers from down-state, the closest entry point to the BWCAW is through Lake Vermilion’s Trout Lake, just 3 miles from this property. Enjoy the 40,000 acres of water on Lake Vermilion w/waterside restaurants, docking at a championship golf course & casino and some of the best fishing on the continent or start your next Boundary Waters trip from your doorstep! Majestic stands of towering pines & rock outcroppings.

Listing Agent

Lisa Janisch

Janisch Realty, Inc Listed on: 08/11/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,606

Lot Details

  • Lot Dimensions are 492x295
  • 1,235 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Listing and Financial Details

  • Assessor Parcel Number 665001004580

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boundary Waters Canoe Area Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,606

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • Water Body Name: Vermilion
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • FireNumber: TBD
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None

Exterior Features

  • View: East, Lake, North, Panoramic, South, West
  • Lake Acres: 39272
  • Lake Bottom: Gravel,Sand,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 1235

Utilities

  • Utilities: None Connected, None Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictNumber: 2142
  • SchoolDistrictPhone: 218-749-8130

Lot Info

  • Topography: Rolling
  • Waterfront YN: Yes
  • Lot Size: 492x295
  • Land Lease: No
  • Lot Features: BWCA Access, Irregular Lot, Island/Peninsula, Tree Coverage - Heavy
  • Wooded Area: 2.5
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 665001004580
  • Tax Annual Amount: 1606
  • TaxWithAssessments: 1606.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

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Average Value
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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

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 $1,606 $99,100 $99,100 $0
2022 $1,687 $144,900 $142,400 $2,500
2021 $1,500 $144,700 $142,400 $2,300
2020 $1,748 $144,700 $142,400 $2,300
2019 $2,178 $146,600 $144,700 $1,900
2018 $1,732 $182,200 $180,300 $1,900
2017 $1,820 $169,100 $169,100 $0
2016 $1,830 $169,100 $169,100 $0
2015 $1,606 $147,400 $147,400 $0
2014 $1,606 $147,400 $147,400 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Price Changed $174,000 -12.3% --
08/11/2022 08/11/22 For Sale $198,500 -- --
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $500 None Listed On Document
Quit Claim Deed $500 None Listed On Document
Land Contract $100,000 First American Title Insuran
Land Contract $40,000 First American Title Insuran
Warranty Deed $179,000 None Available
Warranty Deed $90,000 Ati Title Company
Warranty Deed $265,000 Ati Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,000 Land Contract Argmt. Of Sale
Previous Owner $36,000 Land Contract Argmt. Of Sale
Previous Owner $134,250 Unknown
Previous Owner $350,000 Purchase Money Mortgage
Source: Public Records

Source: NorthstarMLS

MLS Number: 6248054

NorthstarMLS

APN: 665001004580