J
Seller's Agent in 2024
John Oberholtzer
TimberWolff Realty LLC
(218) 370-0236
138 Total Sales
14 Drake Cir Silver Bay, MN 55614
Estimated Value: $189,000 - $222,000
4
Beds
2
Baths
1,450
Sq Ft
$142/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Living Room
- Main Floor Primary Bedroom
- 2 Car Detached Garage
- Bathroom on Main Level
About This Home
As of June 2024Need elbow room in Silver Bay? Need four bedrooms or office space? Need an oversized garage and yard? Look no further! 14 Drake Circle has it all. Including a new furnace and some appliances. Silver Bay is Sweet! I was just scheduling in the Summer Music Series events into my calendar! Some great acts coming, don’t delay. Surrounding Silver Bay is a vast boreal forest of pure, cool air. State Parks, hiking trails, XC and Snowmobile trails, all within a short distance. Living in town at 14 Drake Circle is dang convenient! Shopping, gas, banking, schools, restaurants, are all within walking distance. Heck, go get adventurous on the Ropes Course and Zipline. In the fall and winter take in the home-team football, hockey, and basketball games, saunter home after, it’s that close. Bowling is a thing in Silver Bay! How cool is that? There is a lot, I mean A LOT, of cool fresh water nearby. That’s right, big ol’ Gitche Gummi, the shining big sea water, is just down the hill a bit. There’s so much cool water here, it makes its own microclimate of comfort year-round. Spread all that H2O out and you can cover all of North and South America in a foot of it! We’ll keep it right here, thank you very much. The home is well laid out, with a place for everyone: kids, or visiting friend and relatives. Or, use the rooms as you will: each person with an office, or craft room, meditation or yoga? The place is move-in ready. Just show up, unpack, and get to living that new life! The yard is a nice mix of landscaping and trees. Peonies adorn the front, rhubarb outback! There’s enough yard here to throw up a screen tent, a firepit, games area… Where on the Northshore can you find this kind of value?!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,278
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 125x107
Parking
- 2 Car Detached Garage
Home Design
- Traditional Architecture
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,450 Sq Ft Home
- 2-Story Property
- Entryway
- Living Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
Laundry
- Laundry on main level
- Dryer
- Washer
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Fiber Optics Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22-7450-09660, 09670
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
Jun 14, 2024
Sold by
Lutsen Mountains Corporation
Bought by
Redfield Jessica and Hickman Bradley
Seller's Agent
John Oberholtzer
TimberWolff Realty LLC
Buyer's Agent
Katie Melander
Coldwell Banker Realty - Duluth
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%
Views
11
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
$31,192
Avg. Annual Appreciation
12.51%
Original Mortgage
$174,500
Outstanding Balance
$172,506
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$30,044
Purchase Details
Closed on
May 6, 2022
Sold by
Fragale Jayne
Bought by
Lutsen Mountains Corporation
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redfield Jessica | $175,000 | -- | |
| Lutsen Mountains Corporation | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redfield Jessica | $174,500 | |
| Previous Owner | Buell Andrew J | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2024 06/17/24 | Sold | $175,000 | -7.4% | $121 / Sq Ft |
| 05/16/2024 05/16/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $189,000 | -- | $130 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $2,250 | $189,900 | $14,600 | $175,300 |
| 2024 | $917 | $227,400 | $14,600 | $212,800 |
| 2023 | $772 | $241,700 | $14,600 | $227,100 |
| 2022 | $2,489 | $184,500 | $13,900 | $170,600 |
| 2021 | $2,464 | $133,800 | $10,100 | $123,700 |
| 2020 | $2,407 | $100,400 | $14,500 | $85,900 |
| 2019 | $195 | $98,100 | $10,300 | $87,800 |
| 2018 | $2,148 | $98,100 | $10,300 | $87,800 |
| 2017 | $1,963 | $99,100 | $10,300 | $88,800 |
| 2016 | $1,840 | $100,000 | $10,300 | $89,700 |
| 2015 | $2,044 | $95,700 | $9,800 | $85,900 |
| 2014 | $2,044 | $0 | $0 | $0 |
| 2013 | $470 | $0 | $0 | $0 |
| 2012 | $510 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Oberholtzer
-
Katie Melander
K
Buyer's Agent in 2024
Katie Melander
Coldwell Banker Realty - Duluth
(218) 464-3084
52 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6113209
APN: 22-7450-09660
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