5752 Lake Ave N, Tower, MN, 55790

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

5752 Lake Ave N, Tower$149,900

Buyer Closing Credits

$1,780^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

ParkingDetached

Garage2 spaces

Year Built1991

HeatingForced Air, Propane

CoolingNone

MLS #6116644

Lot Size1.36 Acres

StatusActive
(ACTIVE)

About 5752 Lake Ave N

Welcome to your cozy retreat, ideally located just minutes from town and the picturesque shores of Lake Vermilion. The home boasts 3 bedrooms, updated bathroom, and open kitchen/living room. Knotty pine tongue and groove. Step outside to enjoy a spacious yard, ideal for gatherings. The 2 stall detached garage is insulated and offers ample space for storage. Compliant septic system. With it's prime location, you can easily explore local shops, restaurants, numerous hiking/biking/snowmobile and ATV trails. Hoodoo Point public boat launch and beach is approximately 1 mile away. This would make an ideal weekend getaway or year round home near one of Minnesota's most beautiful lakes!

View More

Property Details

Property Features

Property Information:

• Architectural Style: Ranch/Rambler
• Year Built: 1991
• Stories: 1
• Living Area: 1,116 SqFt

Listing Office:

• Office Name: Vermilion Land Office, Inc
• Listing Agent: Sherry Anderson

Interior Features

Interior Information:

• Appliances: Dryer, Microwave, Range, Refrigerator, Washer
• Interior: Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: No
• Parking: Detached

Lot Features

Lot Information:

• Lot: Few Trees, Level
• Lot Size: 1.36 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Propane
• Cooling: None

School Info

Assigned Schools Information:

• Northeast Range Secondary School, Public District Grades 7-12
• Tower-Soudan Elementary School, Public District Grades PK-6

Other

Directions Information:

• Directions: From Tower - Cedar Street to Left on Hoodoo Point Rd, Left on Lake Ave S, Right on Lake Ave N, property on Left.

Price Information

Listing Price Info

Price Summary:

• List Price: $149,900
• Price Per SqFt: $134/SqFt

Tax Information:

• Annual Amount: $1,634
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Tower, MN.

Tower, MN

City

Med. Sold Price

$395K

Med. Price/SqFt

$321

Avg. Days On Market

136

# of Sold Homes

9

5752 Lake Ave N vs Tower

18 DAYS ON ROCKET

-118 Days

$149,900

-$245.1K Less

$134/SqFt

-$188 Less

KEY TAKEAWAY

This property is $245.1K less than the Median Sold Price and $188/SqFt less than other homes in Tower, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #6116644

Listing Office:

• Office Name: Vermilion Land Office, Inc
• Listing Agent: Sherry Anderson

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Sep 10, 2019	Sep 10, 2019Home Sold	$23,248
Sep 10, 2019	Sep 10, 2019Home Sold	$23,252

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,634	$76,800
2019	$1,832	$86,700
2017	$1,644	$81,500

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$816

Per Month

Principal & Interest

$749

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Minnesota›Saint Louis County›Tower›55790›5752 Lake Ave N

This home is located at 5752 Lake Ave N in Tower, MN and zip code 55790. This 1,116 square foot home, which was built in 1991, sits on a 1.36 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $149,900.

In October 2024, from all listings sold in Tower, MN there were more than 2 sold above asking price, over 7 sold below and more than 0 were sold right at the asked price. In October 2024 in Tower, MN there were 20% less homes for sale than in September 2024. Listings spent 136 days on the market in October 2024, and had a median list price of $395,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.