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$430,000   Price Analysis
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5878 Echo Point Rd
Tower, MN 55790
3 bed 1 bath 768 SqFt ($559/SqFt)
5.0 acre lot. Built 1976
Listed 2024-03-11, Taxes $3,258
USDA Eligible
near Tower, MN
 

LAKE VERMILION One of a kind property first time on the market.

This 3 bedroom cbin is at the end of a shared driveway and boasts not 5+ acres but over 800 feet of shoreline with frontage facing South and East on this natural point. The cabin is rustic with fantastic lake view windows in the kitchen and living room, free standing wood burning fireplace and exposed framed walls ready for you to finish by adding tong ue and groove or some other medium.

There is a 25x20 boathouse at the shoreline with single rail plus a separate sauna building. This is a seasonal property heated by electric baseboard and woodstove and is without septic or well. Close to Fortune Bay for entertainment, dining or enjoying an outing at the Wilderness Golf Course. While the land is low you have spectacular panoramic views to enjoy.


Presented by Betsy Clark at
Northwoods Land Office.
Listing Agent Photo

Property MLS #146373 from RangeMLS

Bedrooms: 3
Bedroom 1 Dimensions: 10 x 10
Bedroom 2 Dimensions: 8 x 8
Bedroom 3 Dimensions: 10 x 10

Total Bathrooms: 0.25
1/4 Bathrooms: 1

Electric Range
Refrigerator

Fireplace Features: 1 Fireplace, Free Standing, Wood Burning
Heating Features: Wood, Baseboard
Number of Fireplaces: 1

Kitchen Dimensions: 10 x 14

Living Room Dimensions: 10 x 14

Water Body Name: Vermilion
1 - Lake

Patio And Porch Features: Porch

Lot Size Acres: 5.0
Lot Size Square Feet: 217800

Association: No
Calculated Total Monthly Association Fees: 0

School District: St.Louis County-2142

Tower-Soudan Elementary School is a public elementary school located approximately 2 miles away.
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Vermilion Country School is a public middle and high school located approximately 2 miles away.
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Source Listing Status: Active
Source Property Type: RESIDENTIAL
Area: Rural N of Hwy 169 - 135
Source Neighborhood: MN
Subdivision: MN
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$52,900 + $171,000
$223,900
$3,258
2021$52,900 + $171,000
$223,900
$3,214
2020$50,400 + $183,800
$234,200
$3,406
2019$50,400 + $167,200
$217,600
$3,066
2018$45,500 + $167,300
$212,800
$3,056
2017$45,500 + $167,300
$212,800
$3,048
2016$45,500 + $167,300
$212,800
$3,038
2015$74,100 + $152,200
$226,300
$3,364
2014$74,100 + $152,200
$226,300
$3,483
2013$74,100 + $152,200
$226,300
$3,557
2011$59,700 + $152,200
$211,900
$3,851
2010$59,700 + $256,200
$315,900
$4,166
2009$52,300 + $230,300
$282,600
$3,429
2008$44,900 + $197,800
$242,700
$3,123
2007$41,000 + $162,400
$203,400
$2,857

Price Changed 2024-06-15
$430,000
RangeMLS
Listed 2024-03-11
$460,000
RangeMLS
Listed 2024-03-05
$460,000
NorthstarMLS

Year Built: 1976
Building Exterior Type: Wood
Property Age: 48
Roof: Shingle
Structure Type: Post and Beam
House Style: One Story, Seasonal
Total Above Grade Sqft Area: 768
Total Area Main: 768
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.