$145,000
SOLD SEP 26, 2025

16 Carter Ln Silver Bay, MN 55614

3 Beds
1 Bath
940 Sq Ft
0.27 Acres

Recently Sold

$154 Per Sq Ft

23% Below List Price

127 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Bungalow
  • 3 Car Detached Garage
  • Living Room
  • Bathroom on Main Level

About This Home

As of September 2025

Welcome to 16 Carter Ln, this 3-bedroom home, has a spacious living room with views of Lake Superior, well maintained. Corner lot, a large 3 car detached garage, with a sauna room. Located here on the Beautiful Northshore with Black Beach, Palisade Head, Tettegouche and Gooseberry State parks all within 15 minutes.

Last Agent to Sell the Property

Crystal Peterson

Century 21 Atwood Listed on: 04/18/2025

Last Buyer's Agent

Colleen Robertson

Advocate Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1953

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 92x127

Parking

  • 3 Car Detached Garage

Home Design

  • Bungalow
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-7440-04210

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,608

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Highway 61 to outer Dr, turn right on Adams Blvd, take a left on Banks Blvd, turn right on Carter Ln. Right on Burk Dr. to Driveway. Corner Lot
  • L O1 Office Phone1 Number: 218-722-8221
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Attached
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 940
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Bedroom 3: Bathroom
  • TotalBedrooms: 3
  • Year Built: 1953
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Eat-In Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 940
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Sidewalk, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 24x36

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 92x127
  • Estimated Number of Acres: 0.27
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 22-7440-04210

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
Sep 25, 2025
Sold by
Lofstrom Dora and Lofstrom Mark
Bought by
Uitto Ethan
Seller's Agent
Crystal Peterson
Century 21 Atwood
Buyer's Agent
Colleen Robertson
Advocate Realty Inc.
List Price
$189,000
Sold Price
$145,000
Premium/Discount to List
-$44,000
-23.28%
Views
63
Current Estimated Value
$156,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,938
Avg. Annual Appreciation
37.23%
Original Mortgage
$130,500
Outstanding Balance
$130,500
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$26,438
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Sold $145,000 -3.3% $154 / Sq Ft
08/23/2025 08/23/25 Pending -- -- --
08/22/2025 08/22/25 Price Changed $150,000 -5.1% $160 / Sq Ft
08/05/2025 08/05/25 Price Changed $158,000 -4.2% $168 / Sq Ft
07/17/2025 07/17/25 Price Changed $165,000 -5.7% $176 / Sq Ft
06/20/2025 06/20/25 Price Changed $175,000 -7.4% $186 / Sq Ft
04/18/2025 04/18/25 For Sale $189,000 -- $201 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $1,608 $173,400 $19,000 $154,400
2024 $401 $184,200 $19,000 $165,200
2023 $321 $154,600 $19,000 $135,600
2022 $545 $126,700 $18,100 $108,600
2021 $584 $74,800 $11,000 $63,800
2020 $619 $78,100 $11,000 $67,100
2019 $485 $65,000 $11,900 $53,100
2018 $565 $65,000 $11,900 $53,100
2017 $492 $65,700 $11,900 $53,800
2016 $434 $66,400 $11,900 $54,500
2015 $530 $63,100 $11,400 $51,700
2014 $530 $0 $0 $0
2013 $353 $0 $0 $0
2012 $381 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6118754

APN: 22-7440-04210