Sold for $430,000

$430,000

5803 Echo Point Rd, Tower, MN 55790

2beds

672sqft

Single Family Residence

Built in 1960

0.58 Acres Lot

$495,300 Zestimate^®

$640/sqft

$1,332 Estimated rent

Home value

$495,300

$461,000 - $540,000

$1,332/mo

Zestimate^® history

Owner options

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$1,332/mo

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$1,332/mo

Rent Zestimate^®

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$2,736/mo

Est. payment

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$2,736/mo

Est. payment

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What's special

Discover your perfect lakeside retreat with this charming 2-bedroom seasonal cabin, move-in ready, fully furnished, & beautifully updated. Enjoy the spacious, eat-in kitchen featuring stunning hickory cabinets & breathtaking views of the lake. With 140 feet of private lakeshore, a gentle slope to the water, & expansive big water views, this property offers tranquility & natural beauty. Included is a wood-fired sauna for ultimate relaxation, cozy bunk house for extra guests or peaceful solitude, boathouse, expansive lakeside lawn, ideal for yard games and gatherings, majestic pine trees, & rocky outcroppings. Conveniently located just 15 minutes from Tower & only minutes from a championship golf course! This property truly has it all—

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Bedroom

Level: Main
Area: 90 Square Feet
Dimensions: 9 x 10

Bedroom

Level: Main
Area: 90 Square Feet
Dimensions: 9 x 10

Bathroom

Level: Main
Area: 30 Square Feet
Dimensions: 5 x 6

Kitchen

Description: Eat-in kitchen
Level: Main
Area: 121 Square Feet
Dimensions: 11 x 11

Living room

Level: Main
Area: 187 Square Feet
Dimensions: 11 x 17

Heating

Baseboard, Electric

Cooling

Wall Unit(s)

Appliances

Included: Water Heater-Electric, Microwave, Range, Refrigerator

Features

Ceiling Fan(s), Eat In Kitchen
Basement: N/A
Has fireplace: No

Interior area

Total interior livable area: 672 sqft
Finished area above ground: 672
Finished area below ground: 0

Property

Parking

Parking features: Gravel, None

Features

Patio & porch: Deck
Exterior features: Dock, Rain Gutters
Has view: Yes
View description: Inland Lake, Bay
Has water view: Yes
Water view: Lake,Bay
Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Shore-Accessible)
Body of water: Vermilion
Frontage length: 140

Lot

Size: 0.58 Acres
Dimensions: 210 x 91
Features: Accessible Shoreline, Some Trees
Residential vegetation: Partially Wooded

Details

Additional structures: Boat House, Sauna, Guest House
Foundation area: 672
Parcel number: 270007000195

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood, Frame/Wood
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1960

Utilities & green energy

Electric: Lake Country Power
Sewer: Private Sewer
Water: Private

Community & HOA

HOA

Has HOA: No

Location

Region: Tower

Financial & listing details

Price per square foot: $640/sqft
Tax assessed value: $295,500
Annual tax amount: $3,195
Date on market: 8/15/2024
Cumulative days on market: 35 days
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
10/28/2024	Sold	$430,000-13.7%$640/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115551 Report a problem
9/19/2024	Pending sale	$498,500$742/sqft
Source: NorthstarMLS as distributed by MLS GRID #6587076 Report a problem
9/19/2024	Contingent	$498,500$742/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115551 Report a problem
9/15/2024	Price change	$498,500-2.1%$742/sqft
Source: Range AOR #147269 Report a problem
8/30/2024	Price change	$509,000-1.9%$757/sqft
Source: Range AOR #147269 Report a problem
8/15/2024	Price change	$519,000-0.2%$772/sqft
Source: NorthstarMLS as distributed by MLS GRID #6587076 Report a problem
8/15/2024	Listed for sale	$519,900$774/sqft
Source: Range AOR #147269 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,220 -1.5%	$295,500 +8%
2023	$3,268 +2.2%	$273,600 +4.1%
2022	$3,198 -9.3%	$262,900 +17.4%
2021	$3,524	$224,000 -8.7%
2020	$3,524	$245,300
2019	$3,524 +11.4%	$245,300 +10%
2018	$3,164 -0.8%	$223,100
2017	$3,190 +0.8%	$223,100
2016	$3,164 +0.2%	$223,100 -0.6%
2015	$3,158 -0.9%	$224,500
2014	$3,188 -9.7%	$224,500
2013	$3,529 +0.3%	$224,500
2012	$3,517 -3.6%	$224,500 -17.9%
2011	$3,648 -7.8%	$273,400 -8.9%
2010	$3,954	$300,000
2009	$3,954 +41.2%	$300,000 +37.6%
2008	$2,800 +12.6%	$218,100 +22.7%
2007	$2,486 +24.8%	$177,800 +20.5%
2006	$1,993 +8.7%	$147,600 +42.7%
2004	$1,833 +6.8%	$103,400 +12.5%
2003	$1,716 +6.3%	$91,900 +12.3%
2002	$1,615 +14.4%	$81,800 +8.5%
2001	$1,411 +2.8%	$75,400 +8.5%
2000	$1,373	$69,500