NOT LISTED FOR SALE

118 Banks Blvd Silver Bay, MN 55614

Estimated Value: $161,000 - $193,000

2 Beds
2 Baths
1,501 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 01, 2014

Last sale price $84,000 $56 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,152/month

203 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of April 2014

It's charming, elegant, immaculate and of course well maintained. The perfect location for a family who wishes to enjoy short walks to school, the shopping center and even the church of their choice. Features include a well appointed eat-in kitchen, a large and comfortable living room, two bedrooms on the main floor and a large full bath. The lower level offers a comfortable family room designed for enjoyment, a non-conforming bedroom/computer room, full bath and a laundry room. There is also a large two stall garage that will accommodate year-around projects. All this in a yard that is maintained with "park like" care and precision. A must see . . you won't be disappointed.

Last Agent to Sell the Property

Don Seipke

Edina Realty Inc - Duluth Listed on: 07/26/2013

Last Buyer's Agent

Christine Mattila

CENTURY 21 Gilderman II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,902

Year Built

  • 1954

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 22-7460-11400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,902

Year Built

1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.24
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1056
  • Parcel Number: 22-7460-11400
  • Projected Closed Date: 04/01/2014
  • Stories: 1 Story
  • Taxes With Assessments: 953.94
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 24x12, On Level: Main
  • Room 2: Kitchen, 16x11, On Level: Main
  • Room 3: Foyer, 12x5, On Level: Main
  • Room 4: Bedroom, 11x11, On Level: Main
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 6: Family Room, 17x11, On Level: Basement
  • Room 7: 11x8, On Level: Basement
  • Room 8: Bedroom, 17x10, On Level: Basement
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1056
  • Below Grade Finished Sq Ft: 445
  • Total Fin Square Footage: 1501
  • Total Square Footage: 1056

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 75x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Apr 1, 2014
Sold by
Vanden Heuvel Raymond H Raymond H
Bought by
Radle Stephen P Stephen P
Seller's Agent
Don Seipke
Edina Realty Inc - Duluth
Buyer's Agent
Christine Mattila
CENTURY 21 Gilderman II
List Price
$95,000
Sold Price
$84,000
Premium/Discount to List
-$11,000
-11.58%
Current Estimated Value
$182,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,587
Avg. Annual Appreciation
7.51%
Original Mortgage
$49,000
Outstanding Balance
$37,870
Interest Rate
4.4%
Estimated Equity
$154,368
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Radle Stephen P Stephen P $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radle Stephen P Stephen P $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2014 04/01/14 Sold $84,000 -11.6% $56 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
07/26/2013 07/26/13 For Sale $95,000 -- $63 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

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 $1,902 $210,500 $19,000 $191,500
2024 $593 $204,000 $19,000 $185,000
2023 $551 $200,900 $19,000 $181,900
2022 $1,157 $177,100 $18,100 $159,000
2021 $1,039 $105,600 $10,700 $94,900
2020 $842 $89,700 $11,900 $77,800
2019 $67 $78,100 $10,700 $67,400
2018 $773 $78,100 $10,700 $67,400
2017 $672 $78,900 $10,700 $68,200
2016 $663 $78,900 $10,700 $68,200
2015 $875 $79,700 $10,700 $69,000
2014 $875 $0 $0 $0
2013 $954 $0 $0 $0
2012 $723 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4512473

REALTOR® Association of Southern Minnesota

APN: 22-7460-11400