Affordable lakeshore property on the Pike Flowage near Lake Vermilion and minutes from Tower. This unique property has a peninsula that includes 650' of frontage on the Flowage with mature tree coverage including pine trees. Access is provided via an easement off of Koski Rd, snowmobile trail crosses the property. Excellent opportunity for a camper site, year round home or seasonal cabin.
Property Details
Property Features
Listing Office:
Office Name: BIC Realty
Exterior Features
Exterior Information:
Waterfront: Lake Front
View: Panoramic
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 Hwy. 169 south of Tower, turn West of Koski Rd
Price Information
Listing Price Info
Price Summary:
List Price: $49,500
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Tower, MN.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$315
Per Month
Principal & Interest
$248
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$215
Powered By
Advertisement
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
2
/10
Tower-Soudan Elementary School
415 North 2nd St
Distance between this listing and this school5.66 miles
Public District Grades PK-6
High School
6
/10
Northeast Range Secondary School
30 South Dr
Distance between this listing and this school20.69 miles
Public District Grades 7-12
Assigned Schools
2
/10
Tower-Soudan Elementary School
415 North 2nd St
Distance between this listing and this school5.66 miles
Public District Grades PK-6
Nearby Schools
5
/10
Mesabi East Elementary School
601 N 1st St W
Distance between this listing and this school18.04 miles
Public District Grades PK-6
6
/10
Roosevelt Elementary School
411 S 5th Ave
Distance between this listing and this school18.93 miles
Public District Grades 3-6
Nearby Schools
4
/10
Eveleth-Gilbert Junior High School
Summit St
Distance between this listing and this school20.12 miles
Public District Grades 7-8
4
/10
Nelle Shean Elementary School
Summit St
Distance between this listing and this school20.12 miles
Public District Grades 5-6
4
/10
Memorial Middle School
600 E Harvey St
Distance between this listing and this school25.92 miles
Public District Grades 6-8
Assigned Schools
6
/10
Northeast Range Secondary School
30 South Dr
Distance between this listing and this school20.69 miles
Public District Grades 7-12
Nearby Schools
5
/10
Mesabi East Secondary School
601 N 1st St W
Distance between this listing and this school18.04 miles
Public District Grades 7-12
7
/10
Virginia Secondary School
411 S 5th Ave
Distance between this listing and this school18.93 miles
The neighbors living near this home have an average income of $45,982. Typical income of Tower, MN residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD Koski Rd
What is the listing price of this property?
The listing price of TBD Koski Rd property is $49,500.
What type of property is this?
The property TBD Koski Rd is land located in Vermilion Lake Twp, Minnesota, 55790.
Is this property for sale now?
Active Listing: TBD Koski Rd 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 Koski Rd are: Tower-Soudan Elementary School: GreatSchools Rating 2/10Northeast Range Secondary School: GreatSchools Rating 6/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD Koski Rd in Vermilion Lake Twp, MN and zip code 55790. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $49,500.
While more than 2 listings in Tower, MN in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 7 were sold below. Between September 2024 and October 2024, Tower, MN real estate market has seen decrease in the number of listings by 20%. In October 2024 median list price was $395,000 and the average listing age was 136 days.
From Rocket Homes Real Estate and based on county public records data.