8 months on rocket

TBD Fectos Road, Tower, MN, 55790

$193,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontDeeded Access
MLS #6497212
StatusActive

About TBD Fectos Road

Escape to nature with this incredible opportunity to own 7.4 wooded acres, including 1/4 ownership in a stunning lakeshore lot. Enjoy the beauty of the outdoors with the convenience of nearby electricity. Here's your chance to build your dream Pole Building or Barndominium amidst nature's serenity. Whether you envision a cozy cabin, a rustic retreat or year-round home, this property has it all! The lakeshore lot allows you to keep your boat and boat lift handy for spontaneous lakeside adventures. Enjoy fishing, swimming, or simply soaking in the sun by the water (dock not included). Located off a paved public maintained road. Approved septic sites.

Property Details

Property Features

Listing Office:

  • Office Name: Vermilion Land Office, Inc.

Exterior Features

Exterior Information:

  • Waterfront: Deeded Access

Lot Features

Lot Information:

  • Lot: Some Trees

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: Hwy 169 North toward Tower to left on County Road 77 (at the "Y" store). Right on County Road 77 to Fectos Road. Left on Fectos Road. Property on the right side to sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $193,000
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Housing Market Comparison

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

Med. Sold Price

$395K

Med. Price/SqFt

$321

Avg. Days On Market

136

# of Sold Homes

9

TBD Fectos Road vs Tower

248 DAYS ON ROCKET

+112 Days

$193,000

-$202K Less

KEY TAKEAWAY

This property is $202K less than the Median Sold Price in Tower, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6497212

Listing Office:

  • Office Name: Vermilion Land Office, Inc.

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Last updated on: 11/4/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,031

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$645

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2072898
2
/10
  • Tower-Soudan Elementary School

  • 415 North 2nd St

  • 8.16 miles

  • Public District Grades PK-6

High School

school-card-donut-2072899
6
/10
  • Northeast Range Secondary School

  • 30 South Dr

  • 24.55 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,298. The most common annual income of people living in Tower, MN is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD Fectos Road

What is the listing price of this property?

The listing price of TBD Fectos Road property is $193,000.

What type of property is this?

The property TBD Fectos Road is land located in Tower, Minnesota, 55790.

Is this property for sale now?

Active Listing: TBD Fectos Road is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for TBD Fectos Road are:
Tower-Soudan Elementary School: GreatSchools Rating 2/10
Northeast Range Secondary School: GreatSchools Rating 6/10
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Rocket HomesMinnesotaSaint Louis CountyTower55790TBD Fectos Road

This home is located at TBD Fectos Road in Tower, MN and zip code 55790. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $193,000.

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. The inventory of homes for sale in Tower, MN between September 2024 and October 2024 decreased by 20%. In October 2024, listings were on the market for 136 days. During the same period, the median list price in this real estate market was $395,000.

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

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