NOT LISTED FOR SALE

25 Burk Dr Silver Bay, MN 55614

Estimated Value: $149,000 - $177,091

2 Beds
1 Bath
928 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $87,650 $94 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,020/month

3 Days on Market

Highlights

  • Panoramic View
  • Loft
  • 2 Car Detached Garage
  • Ranch Style House
  • Den
  • Eat-In Kitchen

About This Home

As of July 2019

Everything you need to make a great home! Walk into the inviting kitchen with beautiful cabinetry and table to sit and have coffee or a meal, then into the bright living room with a small office to the left and sliding glass doors out to a small wooden patio with benches to sit outside and enjoy watching the birds, the deer and Lake Superior! Walk down the hallway to a spacious bathroom and then to the bedrooms and loft area. The laundry room area could be made into another bedroom. Completely move in ready, Seller wants to leave some furniture too!

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 05/13/2019

Last Buyer's Agent

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 05/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $395

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 68.91 x 130.77 x 82.03 x149.58

Property Views

  • Lake
  • Panoramic
  • City Lights

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 928 Sq Ft Home
  • Vinyl Clad Windows
  • Living Room
  • Den
  • Loft

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 22-7440-04250

Home Details

Home Type

Single Family

Est. Annual Taxes

$395

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Outer Drive, to right at Adams Blvd, to left at Banks Blvd, to right at Burk Drive to property.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 94.45
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Lake Superior, Panoramic, City Lights
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Main Floor Laundry
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 928
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Den/Office
  • TotalBedrooms: 2
  • Year Built: 1953
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Upper
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom 1 Level: main
  • Bathroom Description: Full 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: Bathroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Laundry Room
  • Room 8: Loft
  • Total Bathrooms: 1
  • Total Fin Square Footage: 928
  • Exercise Room Level2: Main

Exterior Features

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

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 X 24

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-05-14
  • Estimated Lot Dimensions: 68.91 X 130.77 X 82.03 X149.58
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 22-7440-04250

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 395.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Jul 19, 2019
Sold by
Mcmahon Leona J
Bought by
Mattila William
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
List Price
$87,650
Sold Price
$87,650
Current Estimated Value
$165,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,873
Avg. Annual Appreciation
11.04%

Purchase Details

Closed on
Jun 13, 2007
Sold by
Ritzko Randal and Ritzko Leah
Bought by
Mcmahon Leona J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.26%
Mortgage Type
New Conventional
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
Mattila William $87,650 --
Mcmahon Leona J $81,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahon Leona $61,964
Previous Owner Mcmahon Leona J $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $87,650 0.0% $94 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $87,650 -- $94 / 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 $1,434 $162,500 $20,100 $142,400
2024 $435 $172,400 $20,100 $152,300
2023 $352 $163,000 $20,100 $142,900
2022 $642 $133,500 $19,200 $114,300
2021 $692 $80,100 $12,000 $68,100
2020 $689 $50,000 $12,000 $38,000
2019 $395 $49,700 $11,700 $38,000
2018 $460 $57,700 $11,700 $46,000
2017 $395 $57,800 $11,700 $46,100
2016 $349 $58,400 $11,700 $46,700
2015 $438 $56,000 $11,200 $44,800
2014 $438 $0 $0 $0
2013 $305 $0 $0 $0
2012 $331 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6082808

APN: 22-7440-04250