$297,500
SOLD MAR 11, 2025

18 Nelson Dr Silver Bay, MN 55614

4 Beds
2 Baths
1,920 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

10% Below List Price

81 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Den
  • Living Room
  • No HOA
  • 2 Car Attached Garage
  • Bathroom on Main Level

About This Home

As of March 2025

Property Description for 18 Nelson Dr, Silver Bay, MN Welcome to 18 Nelson Drive, a beautifully updated and meticulously maintained split-level home in the heart of Silver Bay, MN. This spacious 4-bedroom, 2-bathroom residence offers the perfect blend of comfort and functionality, making it ideal for families or anyone looking for a move-in-ready property. As you step inside, you'll be greeted by a bright and inviting living space, enhanced by modern updates and thoughtful design. The upper level boasts an open-concept layout, featuring a cozy living room, a stylish kitchen with updated appliances, and a dining area that leads to a deck overlooking the backyard. The home includes four generously sized bedrooms, providing plenty of space for family, guests, or a home office. The lower level features a versatile family room, perfect for entertaining or relaxing, along with additional storage space. A spacious 2-car attached garage adds convenience and protection from Minnesota winters. Situated on a well-kept lot in a friendly neighborhood, the exterior includes a manicured lawn and room for outdoor activities or gardening. This home is just minutes from local amenities, schools, and the natural beauty of the North Shore. Don’t miss the opportunity to own this exceptional property in Silver Bay – it’s a must-see! Schedule your showing today!

Last Agent to Sell the Property

Jon Chapek

Odyssey Real Estate Group Listed on: 11/22/2024

Last Buyer's Agent

Gigi Maxwell

Legacy Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1977

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 110' x 125'

Parking

  • 2 Car Attached Garage

Home Design

  • Split Foyer
  • Bi-Level Home
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-7520-29340 and 22-7520-29350

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,512

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Use Navigation app of your choice and navigate to property address.
  • L O1 Office Phone1 Number: 218-834-2495
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 960
  • Below Grade Finished Sq Ft: 960
  • Garage Type: Attached
  • Heat: Baseboard
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Room 10: Den/Office
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1977
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: Bi-Level Split
  • Room 6: Bathroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Family Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1920
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2

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: 110' X 125'
  • Estimated Number of Acres: 0.21
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 22-7520-29340 and 22-7520-29350

Tax Info

  • Tax Amount: 2512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Mar 3, 2025
Sold by
Duffy Kenneth and Duffy Catherine
Bought by
Small Marcus
Seller's Agent
Jon Chapek
Odyssey Real Estate Group
Buyer's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
List Price
$329,000
Sold Price
$297,500
Premium/Discount to List
-$31,500
-9.57%
Views
50
Current Estimated Value
$302,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,571
Avg. Annual Appreciation
1.73%
Original Mortgage
$267,750
Outstanding Balance
$266,424
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$35,647

Purchase Details

Listed on
Oct 27, 2022
Closed on
Jan 11, 2023
Sold by
Brostrom Karen
Bought by
Duffy Kenneth and Duffy Catherine
Seller's Agent
Louise Hanson
North Shore Realty
Buyer's Agent
Nancy Iverson
TimberWolff Realty LLC
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$175,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2016
Closed on
Aug 5, 2016
Sold by
Rannow Jane and Rannow Kenneth
Bought by
Brostrom Dennis P and Brostrom Karen L
Seller's Agent
Don Seipke
Edina Realty, Inc. - Duluth
Buyer's Agent
Christine Mattila
CENTURY 21 Atwood
List Price
$176,500
Sold Price
$176,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$136,500
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2015
Sold by
Peterson Gerald Gerald
Bought by
Rannow Kenneth Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.84%
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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Purchase History

Date Type Sale Price Title Company
Deed $297,500 --
Deed $270,000 --
Warranty Deed $176,500 None Available
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $267,750 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $136,500 New Conventional
Previous Owner $85,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2025 03/11/25 Sold $297,500 -9.6% $155 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
11/22/2024 11/22/24 For Sale $329,000 +21.9% $171 / Sq Ft
01/11/2023 01/11/23 Sold $270,000 0.0% $141 / Sq Ft View Prior Sale
12/01/2022 12/01/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $270,000 +53.0% $141 / Sq Ft
08/05/2016 08/05/16 Sold $176,500 0.0% $92 / Sq Ft View Prior Sale
06/27/2016 06/27/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $176,500 -- $92 / 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 $3,016 $275,500 $13,800 $261,700
2024 $704 $278,500 $13,800 $264,700
2023 $750 $227,200 $13,800 $213,400
2022 $2,754 $220,100 $13,100 $207,000
2021 $1,643 $184,200 $11,100 $173,100
2020 $1,704 $104,400 $10,100 $94,300
2019 $1,410 $104,400 $10,100 $94,300
2018 $1,354 $112,100 $11,200 $100,900
2017 $1,223 $103,200 $10,100 $93,100
2016 $2,176 $104,400 $10,100 $94,300
2015 $2,196 $113,200 $10,000 $103,200
2014 $2,196 $0 $0 $0
2013 $1,417 $0 $0 $0
2012 $1,744 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117089

APN: 22-7520-29340