Lot/land

$149,900

5375 Ely Is N, Tower, MN 55790

--beds

--baths

5.36Acres

Waterfront

Built in ----

5.36 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

LAKE VERMILION: Prime lakeshore property on desirable Ely Island, 5+ acres with 330 feet of shoreline, including electricity, convenient lift-out dock, and 8x10 shed already there. This pristine land is heavily wooded with a stunning blend of mature of Pines, Poplar and Birch trees and just a 5-minute boat ride will bring you to this buildable lot with breathtaking views and endless possibilities. Gravel landing area for barge hauling has already been established and ready to go. Enjoy all that Lake Vermilion has to offer!

69 days

672

20

Facts & features

Property

Features

On waterfront: Yes
Waterfront features: Lake Front
Body of water: Vermilion
Frontage length: 330FT

Lot

Size: 5.36 Acres
Dimensions: 730 x 320
Features: Dock, Irregular Lot
Topography: Boat Access Only,Rolling,High

Details

Parcel number: 270002001405

Utilities & green energy

Utilities for property: Electricity Connected

Community & HOA

Location

Region: Tower

Financial & listing details

Tax assessed value: $121,000
Annual tax amount: $1,300
Date on market: 4/24/2026
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/24/2026	Listed for sale	$149,900+5.9%
Source: Range AOR #149815 Report a problem
9/15/2005	Sold	$141,500+405.4%
Source: Public Record Report a problem
2/27/2002	Sold	$28,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,146 -5.1%	$121,000 +20%
2023	$1,208 +2.7%	$100,800
2022	$1,176 -4.1%	$100,800 +16.9%
2021	$1,226	$86,200 -3.8%
2020	$1,226	$89,600
2019	$1,226 +8.9%	$89,600 +6.5%
2018	$1,126 -4.7%	$84,100
2017	$1,182 +5%	$84,100 +3.1%
2016	$1,126 +3.5%	$81,600 +11.8%
2015	$1,088 -0.9%	$73,000
2014	$1,098 +2%	$73,000
2013	$1,076 -0.1%	$73,000
2012	$1,077 -49.3%	$73,000 -55.2%
2011	$2,125 -8%	$162,800 -8.9%
2010	$2,311	$178,700
2009	$2,311 +28.7%	$178,700 +24.6%
2008	$1,796 +14.1%	$143,400 +23.4%
2007	$1,574 +36.6%	$116,200 +29.1%
2006	$1,153 +67.8%	$90,000 +118.4%
2004	$687 +22.7%	$41,200 +31.6%
2003	$560 +28.8%	$31,300 +38.5%
2002	$435 +20.9%	$22,600 +15.9%
2001	$360 +16.7%	$19,500 +23.4%
2000	$308	$15,800

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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