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Seller's Agent in 2025
Gigi Maxwell
Legacy Real Estate Group LLC
(218) 220-8729
162 Total Sales
1 Kent Ln Silver Bay, MN 55614
Estimated Value: $298,607 - $391,000
3
Beds
2
Baths
3,090
Sq Ft
$113/Sq Ft
Est. Value
Highlights
- Panoramic View
- Great Room
- Den
- Ranch Style House
- No HOA
- Formal Dining Room
About This Home
As of February 2025Incredible, stunning views from this beautiful home at the top of Kent Lane in Silver Bay! Look out over Lake Superior, the mining company, and the hills that surround the area. 3 bedroom, 2 bath home with spacious living room, family room, great room which was once an indoor pool room, (sellers do not know if the pool would be functional again.) Galley style kitchen, dining room area, plenty of storage and closets , laundry room and hallway to the attached garage all on one floor So much room and so many possibilities in this home to enjoy! New boiler in 2023, new central AC in 2024, all new appliances, new outlets, some light fixtures replaced in 2024 also. Playground equipment not included. This house cannot be a short term rental nor VRBO property.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,352
Year Built
- Built in 1955
Lot Details
- 1.27 Acre Lot
- Elevated Lot
Property Views
- Lake
- Panoramic
Home Design
- Ranch Style House
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3,090 Sq Ft Home
- Electric Fireplace
- Wood Frame Window
- Entryway
- Great Room
- Living Room
- Formal Dining Room
- Den
- Utility Room
Kitchen
- Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Crawl Space
Parking
- 2 Car Attached Garage
- Gravel Driveway
Utilities
- Central Air
- Boiler Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- Fiber Optics Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22-7480-25070, 22-7401-31620
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2025
Closed on
Feb 3, 2025
Sold by
Roesch Jeremy and Roesch Jennifer
Bought by
Weiers Jane and Bijnagte Soren
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Lisa Michalski
Edina Realty, Inc. - Duluth
List Price
$388,000
Sold Price
$365,000
Premium/Discount to List
-$23,000
-5.93%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,348
Avg. Annual Appreciation
-3.31%
Original Mortgage
$292,000
Outstanding Balance
$290,200
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$60,452
Purchase Details
Closed on
Apr 1, 2014
Sold by
Smedstad Dean Dean
Bought by
Lillis Lila Lila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.4%
Purchase Details
Closed on
Jul 13, 2005
Sold by
Thompson Gary Allen and Thompson Gary Allan
Bought by
Smedstad Dean A and Smedstad Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weiers Jane | $365,000 | -- | |
| Lillis Lila Lila | $225,000 | -- | |
| Smedstad Dean A | $42,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weiers Jane | $292,000 | |
| Previous Owner | Lillis Lila Lila | $224,000 | |
| Previous Owner | Smedstad Dean A | $38,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $365,000 | -5.9% | $118 / Sq Ft | |
| 01/04/2025 01/04/25 | Pending | -- | -- | -- | |
| 01/04/2025 01/04/25 | For Sale | $388,000 | +23.2% | $126 / Sq Ft | |
| 12/22/2023 12/22/23 | Sold | $315,000 | 0.0% | $102 / Sq Ft | View Prior Sale |
| 11/28/2023 11/28/23 | Pending | -- | -- | -- | |
| 10/23/2023 10/23/23 | For Sale | $315,000 | -- | $102 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,766 | $316,800 | $24,500 | $292,300 |
| 2024 | $1,140 | $329,600 | $24,500 | $305,100 |
| 2023 | $1,323 | $333,200 | $24,500 | $308,700 |
| 2022 | $3,734 | $316,300 | $23,300 | $293,000 |
| 2021 | $2,504 | $200,700 | $21,100 | $179,600 |
| 2020 | $2,474 | $114,300 | $25,400 | $88,900 |
| 2019 | $1,946 | $136,800 | $17,700 | $119,100 |
| 2018 | $2,187 | $136,800 | $17,700 | $119,100 |
| 2017 | $1,985 | $138,400 | $17,700 | $120,700 |
| 2016 | $1,941 | $139,900 | $17,700 | $122,200 |
| 2015 | $1,860 | $140,200 | $17,500 | $122,700 |
| 2014 | $1,860 | $0 | $0 | $0 |
| 2013 | $1,823 | $0 | $0 | $0 |
| 2012 | $1,902 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gigi Maxwell
-
Lisa Michalski
Buyer's Agent in 2025
Lisa Michalski
Edina Realty, Inc. - Duluth
(218) 220-9453
164 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6117400
APN: 22-7480-25070
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