5045 Raspberry Island, Tower, MN 55790
Property image
Property image
OFF MARKET

$438,600

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 970 sqft (on 2 acres)

5045 Raspberry Island, Tower, MN 55790

Est. Refi. Payment $2,732/mo*
Refinance Your Home
Currently Off Market - Sold Jan 4, 2016 for $272,000

Home Value

Trulia Estimate
$439K
Since last month
Decreased$7K (-1.6%)
Since last year
Increased$5K (+1.2%)
Since last sale
Increased$167K (+61.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +61% in the last 10 years
MonthEstimated value
2026
August 2026$439K
August 2026$437K
July 2026$446K
June 2026$462K
May 2026$455K
April 2026$440K
March 2026$427K
February 2026$429K
January 2026$406K
2025
2024
2023
2022
2021
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4891 Lake Vermilion N, Tower, MN
1.71
Single-Family Home
$229,000
07/24/26
2
-
1,219
5262 S Ely Island, Tower, MN
1.26
Single-Family Home
$320,000
08/14/26
2
-
624
76 Main St, Soudan, MN
2.46
Single-Family Home
$122,000
10/20/25
2
1
854
13 4th Ave, Soudan, MN
2.48
Single-Family Home
$164,000
08/07/26
3
1
972
34 2nd Ave, Soudan, MN
2.34
Single-Family Home
$85,000
07/09/26
4
1
896
1621 McKinley Park Acres Rd, Tower, MN
2.78
Single-Family Home
$270,875
06/29/26
2
1
780
65 Main St, Soudan, MN
2.43
Single-Family Home
$40,000
10/17/25
3
1
1,152
5327 Pine Island Lake Vermilion Is, Tower, MN
3.28
Single-Family Home
$365,000
06/01/26
2
1
823
50 Main St, Soudan, MN
2.47
Single-Family Home
$192,000
08/14/26
1
1.5
1,312
104 Mineview Ct, Soudan, MN
2.34
Single-Family Home
$95,000
12/16/25
3
2
1,092

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
TBD JB Island, Tower, MN 55790
0.25
-
-
-
-
Off Market
5167 Lake Vermilion Island, Soudan, MN 55782
0.87
$515,800
2
-
624
Off Market
5248 S Ely Island, Tower, MN 55790
1.11
$195,000
-
-
-
For Sale
Lot 1 Mineview Church St, Soudan, MN 55782
1.12
-
-
-
-
Off Market
Lot 2 Mineview Church St, Soudan, MN 55782
1.12
-
-
-
-
Off Market
5262 S Ely Island, Tower, MN 55790
1.26
$320,000
2
-
624
Recently Sold
5228 Soderberg Ln, Tower, MN 55790
1.28
$1,249,900
3
2
2,552
Off Market
5322 S Ely Island, Tower, MN 55790
1.44
$193,200
1
-
434
Off Market

Local Information

  • Map ViewExplore the area around 5045 Raspberry Island.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2002
2 acre lot
970 sqft
$452/sqft

About this House

FALL SPECIAL BUY NOW BEFORE PRICE GOES UP IN THE SPRING for this RASPBERRY ISLAND private cabin on nicely wooded 2 acre parcel w/over 286' lake shore. Follow rock lined path past bonfire area to cedar shake sided cabin featuring covered front porch, gas free standing FP in LR, master bedroom w/wood burning stone fireplace, DR with floor-to-ceiling windows on 2 sides plus sliding door to BBQ deck on 3rd side. Custom boathouse with skylight, aluminum rail system & finished wood flooring. Quality from start to finish.
5045 Raspberry Island, Tower, MN 55790 is a 2 bedroom, 1 bathroom, 970 sqft single-family home built in 2002. It last sold for $272,000 on Jan 4, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $438,600, with a rent estimate of $1,653/month.

Home Details for 5045 Raspberry Island

Interior Features

Heating & Cooling
Heating: ElectricHeating Fuel: Electric
Interior Details
Number of Rooms: 5
Appliances & Utilities
Refrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: Single Family HomeArchitecture: Contemporary

Exterior Features

Exterior Home Features
Exterior: Wood

Lot Information

Lot Area: 2.00 acres

Price and Tax history

DateEventPrice
Jan 4, 2016
Source: NorthstarMLS as distributed by MLS GRID #4495140
Sold
$272,000
Sep 12, 2015
Source: Agent Provided
Listed For Sale
$289,900

Market trends in Ely

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
98
2MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
    Flag
  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
    Flag
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
    0
    Flag
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5045 Raspberry Island

  • What is 5045 Raspberry Island estimated to be worth?
    Trulia's estimated value for 5045 Raspberry Island in Tower, MN is $438,600.
  • What is the price history for 5045 Raspberry Island?
    5045 Raspberry Island in Tower, MN last sold for $272,000 in January 2016.
  • Is Tower a buyer's or seller's market?
    Tower is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Tower?
    Residents describe Tower, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Tower, MN.
  • How big is the lot at 5045 Raspberry Island?
    The lot at 5045 Raspberry Island in Tower, MN is about 2 acres.

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