Closed

$686,000

5767 Lake Ave N, Tower, MN 55790

3beds

2,240sqft

Single Family Residence

Built in 1997

1.76 Acres Lot

$776,100 Zestimate^®

$306/sqft

$2,901 Estimated rent

Home value

$776,100

$730,000 - $830,000

$2,901/mo

Zestimate^® history

Owner options

List your home for rent

$2,901/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,901/mo

Rent Zestimate^®

Refinance and save

$4,292/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$4,292/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Lake Vermilion home on park like lake lot with several garages and panoramic views of the lake. This well maintained home features main floor master bedroom with master bath. Open living room/dining/kitchen with lake views, tongue and groove rec room leading into the attached garage. Upstairs has two additional bedrooms, a sewing room/office, large storage room and full bath. Property also includes beautiful gardens, a 20x24 boathouse with slab floor and two garage doors, an additional 1144 sq.ft. detached garage patio area. Optional heating system of wood boiler. Lot is approx 1.77 acres in size with 170' of frontage.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Bathroom

Description: Main Floor Full Bath

Dining room

Description: Informal Dining Room

Heating

Dual Fuel/Off Peak

Cooling

Central Air

Appliances

Included: Dryer, Range, Refrigerator, Washer

Features

Has basement: No
Number of fireplaces: 1

Interior area

Total structure area: 2,240
Total interior livable area: 2,240 sqft
Finished area above ground: 2,240
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached, Detached Garage, Insulated Garage
Attached garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Has view: Yes
View description: Panoramic
Waterfront features: Lake Front
Frontage length: Water Frontage: 170

Lot

Size: 1.76 Acres
Dimensions: 160 x 430

Details

Additional structures: Boat House
Foundation area: 1540
Parcel number: 080001800030
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame
Foundation: Slab
Roof: Asphalt

Condition

New construction: No
Year built: 1997

Utilities & green energy

Gas: Propane
Sewer: Tank with Drainage Field
Water: Well

Community & HOA

Community

Subdivision: Mill Point City Of Tower

HOA

Has HOA: No

Location

Region: Tower

Financial & listing details

Price per square foot: $306/sqft
Tax assessed value: $413,500
Annual tax amount: $7,712
Date on market: 9/2/2023
Cumulative days on market: 49 days

Price history

Date	Event	Price
11/6/2023	Sold	$686,000-2%$306/sqft
Source: NorthstarMLS as distributed by MLS GRID #6427832 Report a problem
10/20/2023	Pending sale	$700,000$313/sqft
Source: NorthstarMLS as distributed by MLS GRID #6427832 Report a problem
10/3/2023	Contingent	$700,000$313/sqft
Source: Range AOR #145723 Report a problem
9/23/2023	Price change	$700,000-6.5%$313/sqft
Source: Range AOR #145723 Report a problem
9/1/2023	Listed for sale	$749,000$334/sqft
Source: Range AOR #145723 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,692 -9.1%	$413,500 +4.6%
2023	$7,360 -4.6%	$395,400
2022	$7,712 -5.5%	$395,400 +1.9%
2021	$8,164	$388,200 -4.7%
2020	$8,164	$407,200
2019	$8,164 +10.1%	$407,200 +6.5%
2018	$7,414 -4.8%	$382,500
2017	$7,786 +5%	$382,500
2016	$7,414 -0.3%	$382,500 -8.1%
2015	$7,436 +1.8%	$416,100
2014	$7,302 -4.9%	$416,100
2013	$7,680 +5.4%	$416,100
2012	$7,285 +14.7%	$416,100 -1.6%
2011	$6,351 -2.6%	$422,900 -3.8%
2010	$6,523	$439,500
2009	$6,523 +11.8%	$439,500 +6.7%
2008	$5,833 +11.4%	$411,900 +15%
2007	$5,236 +19.7%	$358,200 +15%
2006	$4,375 +16%	$311,500 +33.2%
2004	$3,773 +6.9%	$233,900 +16.1%
2003	$3,529 +20.3%	$201,500 +10.5%
2002	$2,932 -5.4%	$182,300 +14.2%
2001	$3,101 +6.3%	$159,700 +8.5%
2000	$2,917	$147,200