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Sold for $539,900
  • $539,900

    5159 Vermilion Tr, Gilbert, MN 55741-1934

    3beds
    1,868sqft
    Single Family Residence
    Built in 1943
    3 Acres Lot
    $540,000 Zestimate®
    $289/sqft
    $2,031 Estimated rent

    Home value

    $540,000

    $513,000 - $567,000

    $2,031/mo

    Zestimate® history
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    What's special

    Polar plungeSandy beach
    The story I heard about this house is that it was built by a mason who built it for himself and the amazing stone work shows how much he truly loved what his craft! Inside and out the hand laid stone and bricks bring out a unique and cozy feel. You can tell from how maintained this house is that every owner has truly loved and appreciated the uniquely beautiful character and wanted to preserve that for the next generation. The lot is well shaded keeping the house cool in the summer time and well protected in the winter. Spend your summer days playing in the water at your own sandy beach and the evenings relaxing in the screen porch while watching breathtaking sunsets. Cedar Island lake has no public access so the lake is calm and friendly year round with fantastic fishing off the dock. Winter days call for warming up in the sauna with a polar plunge to keep you young! This property is just a few miles from Giant's Ridge for world class golfing, restaurants, skiing, and mountain biking. There are great snowmobile and OHV trails that would take you days to explore. When you live where everyone vacations you'll never be bored!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Tome 218-235-8325,

    Grand Properties

    Bought with:

    Michele Mayry, MN 40783470

    Northland Realty LLC

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6126858MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bedrooms: 1
    Garage
    • Area: 960
    • Dimensions: 24 x 40
    Heating
    • Boiler, Dual Fuel/Off Peak, Fireplace(s), Hot Water, Wood, Electric
    Features
    • Basement: Partial
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 1,868 sqft
    • Finished area above ground: 1,214
    • Finished area below ground: 654

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached
    • Garage spaces: 3
    Features
    • On waterfront: Yes
    • Waterfront features: Inland Lake, Waterfront Access(Private)
    • Body of water: Cedar Island
    • Frontage length: 208
    Lot
    • Size: 3 Acres
    • Dimensions: 711 x 208
    Details
    • Foundation area: 1768
    • Parcel number: 260006000460 and 260001400317

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Stone, Stone, Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 1943

    Utilities & green energy

    • Electric: Lake Country Power
    • Sewer: Private Sewer
    • Water: Private, Drilled
    • Utilities for property: Fiber Optic

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Gilbert

    Financial & listing details

    • Price per square foot: $289/sqft
    • Tax assessed value: $247,700
    • Annual tax amount: $3,154
    • Date on market: 7/20/2026

    Price history

    DateEventPrice
    8/14/2026Sold$539,900$289/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6126858 Report a problem
    8/10/2026Pending sale$539,900$289/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7111741 Report a problem
    7/17/2026Listed for sale$539,900+4.3%$289/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7111741 Report a problem
    4/5/2024Sold$517,436-5.8%$277/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6109239 Report a problem
    2/23/2024Pending sale$549,500$294/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6109239 Report a problem
    2/23/2024Contingent$549,500$294/sqft
    Source: Range AOR #145363 Report a problem
    9/22/2023Price change$549,500+4.8%$294/sqft
    Source: Range AOR #145363 Report a problem
    8/10/2023Pending sale$524,500$281/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6109239 Report a problem
    8/10/2023Contingent$524,500$281/sqft
    Source: Range AOR #145363 Report a problem
    7/30/2023Listed for sale$524,500$281/sqft
    Source: Range AOR #145363 Report a problem
    7/20/2023Pending sale$524,500$281/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6109239 Report a problem
    7/20/2023Contingent$524,500$281/sqft
    Source: Range AOR #145363 Report a problem
    7/8/2023Listed for sale$524,500$281/sqft
    Source: Range AOR #145363 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,596 -10.7%$247,700 +8.5%
    2023$2,906 -14.6%$228,300 -1.8%
    2022$3,404 +6%$232,600
    2021$3,210 $232,600 +7.4%
    2020$3,210 $216,600
    2019$3,210 -2.4%$216,600
    2018$3,290 +2.2%$216,600
    2017$3,220 -2.1%$216,600
    2016$3,290 +1.4%$216,600
    2015$3,244 +2.5%$216,600
    2014$3,164 -0.3%$216,600
    2013$3,175 -8.5%$216,600 -9%
    2012$3,471 +10.5%$238,100
    2011$3,141 +1.4%$238,100
    2010$3,098 $238,100
    2009$3,098 -0.6%$238,100 -0.4%
    2008$3,116 +7.3%$239,000 +15%
    2007$2,904 +30.4%$207,800 +15%
    2006$2,227 +51.8%$180,700 +32.3%
    2004$1,468 -12%$136,600 +12%
    2003$1,667 +13.7%$122,000 +10%
    2002$1,465 +18.9%$110,900 +8.5%
    2001$1,232 +18.2%$102,200 +10%
    2000$1,043 $92,900
    Find assessor info on the county website

    Neighborhood: 55741

    Nearby schools

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