Seller's Agent in 2025
Adam Johnson
eXp Realty, LLC- MN
(218) 260-4951
156 Total Sales
28 James Rd Silver Bay, MN 55614
Estimated Value: $97,000 - $141,000
2
Beds
1
Bath
1,500
Sq Ft
$74/Sq Ft
Est. Value
Highlights
- Ranch Style House
- No HOA
- Lower Floor Utility Room
- Mud Room
- Den
- Wood Frame Window
About This Home
As of March 2025Charming Potential in Silver Bay, MN - 3 Bedroom Opportunity Discover the potential of this charming 2-bedroom, 1-bathroom home with a non-conforming third Bedroom on James Rd in Silver Bay, MN. With a newer roof and a 2-car detached garage featuring additional workspace, this property offers both practicality and room for expansion. Situated on a generous 0.25-acre lot in town, enjoy the convenience of local amenities and the serene beauty of northern Minnesota. Silver Bay is renowned for its outdoor recreation, with hiking and biking trails nearby, easy access to Lake Superior for fishing and boating enthusiasts, and a community spirit that embraces both nature and modern comforts. Inside, this home has a solid foundation but presents an excellent opportunity for updates to maximize its potential. The current layout includes two bedrooms and a non-conforming third room that simply needs a bit of work to become a true third bedroom or larger living space. The boiler heat system ensures efficient warmth during chilly winters, providing comfort and reliability. Imagine transforming the bonus room into a spacious master suite, a cozy guest bedroom, or a dedicated home office. With a little creativity and investment, this property can become your ideal home in Silver Bay. Don’t miss out on this chance to invest in a home that combines the tranquility of northern Minnesota living with the potential to create your dream space. Schedule your showing today and explore the possibilities that await you on James Rd. Video about Silverbay
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,696
Year Built
- Built in 1956
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 70x145
- Few Trees
Home Design
- Ranch Style House
- Poured Concrete
- Plaster Walls
- Fire Rated Drywall
- Wood Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- Paneling
- Ceiling Fan
- Wood Burning Fireplace
- Wood Frame Window
- Mud Room
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Den
- Lower Floor Utility Room
- Storage Room
- Utility Room
- Walkup Attic
- Property Views
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Sump Pump
- Bedroom in Basement
- Recreation or Family Area in Basement
Parking
- 3 Car Detached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Utilities
- No Cooling
- Baseboard Heating
- Boiler Heating System
- Heating System Uses Natural Gas
- Heating System Uses Wood
- Gas Water Heater
- Fiber Optics Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22-7500-24220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2024
Closed on
Mar 28, 2025
Sold by
Toland Kathleen
Bought by
Rochel Daniel and Rochel Laurie
Seller's Agent
Adam Johnson
eXp Realty, LLC- MN
Buyer's Agent
Adam Johnson
eXp Realty, LLC- MN
List Price
$105,999
Sold Price
$90,000
Premium/Discount to List
-$15,999
-15.09%
Views
186
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,524
Avg. Annual Appreciation
32.11%
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rochel Daniel | $90,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $90,000 | -10.0% | $60 / Sq Ft |
| 03/08/2025 03/08/25 | Pending | -- | -- | -- |
| 02/25/2025 02/25/25 | Price Changed | $100,000 | -2.9% | $67 / Sq Ft |
| 02/04/2025 02/04/25 | Price Changed | $103,000 | -2.8% | $69 / Sq Ft |
| 01/22/2025 01/22/25 | For Sale | $105,999 | 0.0% | $71 / Sq Ft |
| 12/21/2024 12/21/24 | Pending | -- | -- | -- |
| 12/06/2024 12/06/24 | Price Changed | $105,999 | -0.9% | $71 / Sq Ft |
| 11/28/2024 11/28/24 | Price Changed | $106,999 | -2.7% | $71 / Sq Ft |
| 11/21/2024 11/21/24 | For Sale | $109,999 | 0.0% | $73 / Sq Ft |
| 11/10/2024 11/10/24 | Pending | -- | -- | -- |
| 11/01/2024 11/01/24 | Price Changed | $109,999 | -4.3% | $73 / Sq Ft |
| 10/11/2024 10/11/24 | Price Changed | $114,999 | -4.2% | $77 / Sq Ft |
| 08/29/2024 08/29/24 | Price Changed | $120,000 | -11.1% | $80 / Sq Ft |
| 08/03/2024 08/03/24 | Price Changed | $135,000 | -3.6% | $90 / Sq Ft |
| 07/29/2024 07/29/24 | Price Changed | $140,000 | -6.7% | $93 / Sq Ft |
| 07/18/2024 07/18/24 | For Sale | $150,000 | -- | $100 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $1,144 | $90,300 | $19,000 | $71,300 |
| 2024 | $492 | $153,000 | $19,000 | $134,000 |
| 2023 | $439 | $176,500 | $19,000 | $157,500 |
| 2022 | $1,296 | $152,600 | $18,100 | $134,500 |
| 2021 | $1,292 | $112,500 | $10,800 | $101,700 |
| 2020 | $1,007 | $113,900 | $10,800 | $103,100 |
| 2019 | $67 | $78,100 | $10,800 | $67,300 |
| 2018 | $1,019 | $78,100 | $10,800 | $67,300 |
| 2017 | $916 | $89,400 | $12,200 | $77,200 |
| 2016 | $891 | $90,400 | $12,200 | $78,200 |
| 2015 | $897 | $90,600 | $12,100 | $78,500 |
| 2014 | $897 | $0 | $0 | $0 |
| 2013 | $944 | $0 | $0 | $0 |
| 2012 | $836 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Johnson
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6114999
APN: 22-7500-24220
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