NOT LISTED FOR SALE

22 Marks Dr Silver Bay, MN 55614

Estimated Value: $245,000 - $303,000

4 Beds
2 Baths
1,984 Sq Ft
$139/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $287,000 $145 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,682/month

75 Days on Market

Highlights

  • Spa
  • City Lights View
  • No HOA
  • RV Access or Parking
  • Heated Floors
  • Home Gym

About This Home

As of January 2023

Beautiful 4 bedroom, 2 bath home with attached and detached garages in Silver Bay! Walk in and see the open and spacious floor plan, the living room looks over the back yard, the dining room has doors out to the back deck to enjoy your morning coffee, watching the deer walk by or visiting friends and neighbors... The kitchen has gorgeous hickory cabinetry and is complete for all your cooking, baking and storage needs. The main floor bathroom has in floor heat! The bedrooms are bright and sunny. Downstairs you will find a family room, sauna, full bath and 2 more bedrooms. The detached garage has a heated fitness room in the back, just move in and enjoy this home!

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 10/07/2022

Last Buyer's Agent

Lisa Michalski

Edina Realty, Inc. - Duluth

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 87.93x145.22x86.79x149.97

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room
  • Utility Room
  • Home Gym
  • Heated Floors
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Gravel Driveway
  • Off-Street Parking
  • RV Access or Parking

Pool

  • Spa

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-7520-30460, 22-7520-30470, 22-7520-30475

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,021

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Outer Drive to Edison Blvd to Law Dr to Marks
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 144.66
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: City Lights, Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Foyer Entry
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1056
  • Below Grade Finished Sq Ft: 928
  • Garage Type: Attached, Detached
  • Heat: Forced Air, In Floor, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Utility Room
  • Room 12: Fitness Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1978
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Main
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Finished, Bath, Bedrooms, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Basement, 3/4 Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Spa/Sauna, Utility Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Entry
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Dining Room
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Family Room
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Spa/Sauna
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1984
  • Exercise Room Level2: Upper

Exterior Features

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

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street, RV Parking
  • Garage Features: Electrical Service, Heat, Insulation, Slab
  • Garage Capacity: 2

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: 2022-10-08
  • Estimated Lot Dimensions: 87.93x145.22x86.79x149.97
  • Estimated Number of Acres: 0.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 22-7520-30460, 22-7520-30470, 22-7520-30475

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA, VA DVA

Tax Info

  • Tax Amount: 3021.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jan 31, 2023
Sold by
Thompson Justin and Thompson Shanna
Bought by
Sersha Adam
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Lisa Michalski
Edina Realty, Inc. - Duluth
List Price
$287,000
Sold Price
$287,000
Current Estimated Value
$275,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,006
Avg. Annual Appreciation
-1.42%
Original Mortgage
$229,600
Outstanding Balance
$222,370
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$53,624

Purchase Details

Listed on
Feb 13, 2017
Closed on
Aug 11, 2017
Sold by
Thompson Jason M
Bought by
Thompson Justin M
Seller's Agent
Christine Mattila
CENTURY 21 Atwood
Buyer's Agent
Katie Carter
RE/MAX Results
List Price
$163,000
Sold Price
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Sersha Adam $287,000 --
Thompson Justin M $163,000 None Available
Thompson Justin M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sersha Adam $229,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2023 01/31/23 Sold $287,000 0.0% $145 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $287,000 +76.1% $145 / Sq Ft
08/11/2017 08/11/17 Sold $163,000 0.0% $82 / Sq Ft View Prior Sale
07/17/2017 07/17/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $163,000 -- $82 / 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 $2,804 $261,500 $10,600 $250,900
2024 $609 $261,800 $10,600 $251,200
2023 $659 $202,000 $10,600 $191,400
2022 $2,556 $198,100 $10,100 $188,000
2021 $2,187 $172,300 $14,000 $158,300
2020 $2,277 $142,000 $19,000 $123,000
2019 $1,912 $134,200 $14,000 $120,200
2018 $1,851 $134,200 $14,000 $120,200
2017 $1,675 $123,300 $12,600 $110,700
2016 $1,629 $124,500 $12,600 $111,900
2015 $1,630 $124,500 $12,500 $112,000
2014 $1,630 $0 $0 $0
2013 $1,668 $0 $0 $0
2012 $1,594 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105874

APN: 22-7520-30460