Dig Your Toes Into The SAND BEACH Or Relax On The Deck Or Patio As The Sun Sinks DownSee All The Way Across Cedar Island Lake. Professionally Built Yr Rnd Retreat On Private Peninsula, Like Driving To Your Own Island! Private level apx 6.7 acres & 440 ft lakeshore. 10 mi to Virginia or 5 to Giants Ridge. 1520 SF 3B2B home, heated 3 st garage, gazebo. Open livrm w/beamed ceiling, oak floors, granite gas firepl & wall of windows lakeside. Custom kitch w/newer ss apls open to living, dining & lakeside deck. All BRs w/beautiful water views. Economical in flr heat. Drilled well, new pressure tank, whole house carbon/particle filter, 5 yr old roof, dock. Good internet. Next to snowmobile & Mesabi bike trails. Click link for 3D Tour!
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Market trends in 55741, MN
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
96.7%
0.0% MoM
Median sale price
$156K
$59K MoM
Avg. days on market
66d
7 days MoM
Recently sold homes
10
5 MoM
Provided by Redfin
Sale history for 5441 Vermilion Trl
Date
Event
Price
RAOR #147304
Sep 23, 2025
Sold
$488,500
Aug 31, 2025
Price Changed
$488,500
Aug 29, 2025
Price Changed
$493,500
Jul 7, 2025
Price Changed
$498,500
Jun 16, 2025
Price Changed
$524,000
Jun 5, 2025
Price Changed
$549,000
May 21, 2025
Price Changed
$598,000
May 12, 2025
Price Changed
$624,000
Apr 21, 2025
Price Changed
$649,000
Apr 8, 2025
Price Changed
$674,000
Aug 21, 2024
Listed
$698,500
+37
Dig Your Toes Into The SAND BEACH Or Relax On The Deck Or Patio As The Sun Sinks Down—See All The Way Across Cedar Island Lake. Professionally Built Yr Rnd Retreat On Private Peninsula, Like Driving To Your Own Island! Private level apx 6.7 acres & 440 ft lakeshore. 10 mi to Virginia or 5 to Giants Ridge. 1520 SF 3B2B home, heated 3 st garage, gazebo. Open livrm w/ beamed ceiling, oak floors, granite gas firepl & wall of windows lakeside. Custom kitch w/ newer ss apls open to living, dining & lakeside deck. All BRs w/ beautiful water views. Economical in flr heat. Drilled well, new pressure tank, whole house carbon/particle filter, 5 yr old roof, dock. Good internet. Next to snowmobile & Mesabi bike trails. Click link for 3D Tour!
LSAR as distributed by WIREX #6115677
Sep 23, 2025
Sold
$488,500
Aug 29, 2025
Price Changed
$488,500
Aug 21, 2025
Price Changed
$493,500
Jul 7, 2025
Price Changed
$498,500
Jun 16, 2025
Price Changed
$524,000
Aug 20, 2024
Listed
$549,000
+37
NORTHSTARMLS as Distributed by MLS Grid #6588240
Sep 23, 2025
Sold
$488,500
Sep 2, 2025
Pending
—
Aug 29, 2025
Price Changed
$488,500
Aug 21, 2025
Price Changed
$493,500
Jul 7, 2025
Price Changed
$498,500
Jun 16, 2025
Price Changed
$524,000
Jun 5, 2025
Price Changed
$549,000
May 21, 2025
Price Changed
$598,000
May 12, 2025
Price Changed
$624,000
Apr 21, 2025
Price Changed
$649,000
Aug 20, 2024
Listed
$698,500
Public Records
Nov 7, 2005
Sold
$283,000
Public Records
Feb 13, 2002
Sold
$190,000
Year
Property tax
Land + Additions
Assessment*
2026
$2,346 (+3.6%)
$70,460 + $171,077
$241,537
2025
$2,264 (−0.9%)
$68,134 + $164,792
$232,926
2024
$2,284 (−12.3%)
$66,901 + $154,516
$221,417
2023
$2,604 (−14.2%)
$67,241 + $162,242
$229,483
2022
$3,034 (+9.1%)
$67,241 + $162,242
$229,483
2021
$2,780 (−0.6%)
$66,478 + $145,565
$212,043
2020
$2,796 (+1.3%)
$66,478 + $145,565
$212,043
2019
$2,760 (−8.4%)
$63,353 + $145,202
$208,555
2018
$3,012 (+1.7%)
$75,383 + $142,110
$217,493
2017
$2,962 (+2.8%)
$75,383 + $142,110
$217,493
2016
$2,882 (−9.2%)
$75,400 + $142,100
$217,500
2014
$3,173 (−0.7%)
$103,600 + $136,100
$239,700
2013
$3,197
$103,600 + $136,100
$239,700
Tax history for 5441 Vermilion Trl
Year
Property tax
Land + Additions
Assessment*
2026
$2,346 (+3.6%)
$70,460 + $171,077
$241,537
2025
$2,264 (−0.9%)
$68,134 + $164,792
$232,926
2024
$2,284 (−12.3%)
$66,901 + $154,516
$221,417
2023
$2,604 (−14.2%)
$67,241 + $162,242
$229,483
2022
$3,034 (+9.1%)
$67,241 + $162,242
$229,483
2021
$2,780 (−0.6%)
$66,478 + $145,565
$212,043
2020
$2,796 (+1.3%)
$66,478 + $145,565
$212,043
2019
$2,760 (−8.4%)
$63,353 + $145,202
$208,555
2018
$3,012 (+1.7%)
$75,383 + $142,110
$217,493
2017
$2,962 (+2.8%)
$75,383 + $142,110
$217,493
2016
$2,882 (−9.2%)
$75,400 + $142,100
$217,500
2014
$3,173 (−0.7%)
$103,600 + $136,100
$239,700
2013
$3,197
$103,600 + $136,100
$239,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.