NOT LISTED FOR SALE

18 Drake Cir Silver Bay, MN 55614

Estimated Value: $217,939 - $251,000

3 Beds
2 Baths
1,440 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $125,900 $87 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,408/month

38 Days on Market

Highlights

  • City Lights View
  • Ranch Style House
  • Den
  • Deck
  • No HOA
  • Wood Frame Window

About This Home

As of August 2016

3 bedroom, 2 bath home on a 1.5 lots on a private quiet street. Home features a remodeled kitchen with quality wood cabinets, laminate flooring with an open floor plan, 2 updated bathrooms, wooded back yard and a large deck. Additional features include bedroom ceiling fans, wood blinds, laminate flooring, seamless gutters, and raised bed gardens. The 2 car garage has an insulated and heated workshop on the back and there is an 1 car auxiliary garage too. Move in condition!

Last Agent to Sell the Property

Christine Mattila

CENTURY 21 Atwood Listed on: 05/20/2016

Last Buyer's Agent

Amy Spampinato

RE/MAX Professionals - Duluth

RE/MAX Professionals - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $602

Year Built

  • Built in 1953

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 84 x 147
  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Level Lot
  • Landscaped with Trees

Property Views

  • City Lights
  • Limited

Home Design

  • Ranch Style House
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Wood Frame Window
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Storage Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available

Community Details

  • No Home Owners Association
  • 2Nd Community

Listing and Financial Details

  • Assessor Parcel Number 22-7450-09680 and 22-7450-09675

Home Details

Home Type

Single Family

Est. Annual Taxes

$602

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Highway 61 to Silver Bay and turn onto Outer Drive, to Davis Drive, continue on Davis to Drake Circle
  • Hobby Farm: No
  • L O1 Office Phone1 Number: 218-220-0334
  • List Price/ Sq Ft: 87.43
  • PropAdjoinsPublicLand: No
  • Road Maintenance: See Remarks
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: City Lights, Limited, Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Wall
  • Reso Association Amenities: Drywalls, Patio Door, Washer Hook-Ups
  • Amenities Exterior: Deck, Invisible Fencing, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1440
  • Garage Type: Detached
  • Heat: Boiler, Hot Water, Natural Gas
  • DevComplexSubName: 2nd
  • New Development: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Family Room
  • TotalBedrooms: 3
  • Year Built: 1953
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 1440
  • Basement Style: Partial
  • Bathroom 1 Level: 1
  • Level 2 Three Quarter Bathrooms: 1
  • Bathroom Description: 3/4 Main Floor, Full Main Floor
  • Formal Dining: Combine with Kitchen, Informal Dining Room
  • Extra Rooms: Den/Office, Pantry
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bathroom
  • Room 9: Den/Office
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1440
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Curb/Gutters, Paved, Sidewalk, Storm Sewer, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2016-08-24
  • Estimated Lot Dimensions: 84 x 147
  • Estimated Number of Acres: 0.28
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Cul De Sac, Tree Coverage - Medium, Telephone, Level
  • Parcel Number: 22-7450-09680 and 22-7450-09675

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA

Tax Info

  • Tax Amount: 601.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Aug 22, 2016
Sold by
Bethke Alex Jon and Bethke Bethany Jacqueline
Bought by
Gottfried Gary A and Gottfried Eugenie C
Seller's Agent
Christine Mattila
CENTURY 21 Atwood
Buyer's Agent
Amy Spampinato
RE/MAX Professionals - Duluth
List Price
$125,900
Sold Price
$125,900
Current Estimated Value
$228,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,085
Avg. Annual Appreciation
6.23%
Original Mortgage
$105,000
Interest Rate
3.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 30, 2005
Sold by
Yoki Lee F and Yoki Josephine N
Bought by
Otterblad Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gottfried Gary A $125,900 None Available
Otterblad Robert B $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Eugenie C $106,500
Closed Gottfried Gary A $105,000
Previous Owner Bethke Alex $98,420
Previous Owner Otterblad Robert B $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $125,900 0.0% $87 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $125,900 +21.5% $87 / Sq Ft
03/05/2013 03/05/13 Sold $103,600 -1.3% $72 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $105,000 -- $73 / 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 $2,250 $215,700 $17,900 $197,800
2024 $771 $226,200 $17,900 $208,300
2023 $589 $242,600 $17,900 $224,700
2022 $1,792 $184,200 $17,100 $167,100
2021 $1,777 $136,300 $12,200 $124,100
2020 $1,358 $48,000 $17,100 $30,900
2019 $965 $48,000 $17,100 $30,900
2018 $1,099 $91,600 $12,200 $79,400
2017 $969 $92,400 $12,200 $80,200
2016 $512 $92,500 $12,200 $80,300
2015 $686 $72,000 $11,700 $60,300
2014 $686 $0 $0 $0
2013 $743 $0 $0 $0
2012 $794 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6022537

APN: 22-7450-09680