NOT LISTED FOR SALE

29 Gibson Rd Silver Bay, MN 55614

Estimated Value: $173,000 - $188,000

3 Beds
1 Bath
960 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $131,900 $137 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,164/month

36 Days on Market

Highlights

  • Post and Beam
  • 1 Car Detached Garage
  • Living Room
  • Bonus Room
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of March 2021

Great times wait ahead for you at 29 Gibson! This home is set up perfectly for making each day entertaining. With the open kitchen to cook with family & friends, amazing yard space, and of course the bonus space in the garage just waiting for you to decide how you want to use it! The warm and cozy 3 bedroom slab home is move in ready for it's new owners. The laundry is conveniently tucked into a closet so it's out of sight! This home is located close to miles of trails, Black Beach, and countless other North Shore favorites! Make your appointment to view today and beat the rush of spring buyers!

Last Agent to Sell the Property

Katie Melander

Coldwell Banker Realty - Duluth Listed on: 01/08/2021

Last Buyer's Agent

Sophia McCann

Results Support Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $499

Year Built

  • Built in 1954

Lot Details

  • 8,712

Parking

  • 1 Car Detached Garage

Home Design

  • Post and Beam
  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

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

Additional Features

  • 8,712 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 22-7460-14030

Home Details

Home Type

Single Family

Est. Annual Taxes

$499

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Outer Drive to Right on Horn Blvd, Right on Gibson, home on your Right.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 137.4
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Timber/Post & Beam
  • FinFootageAboveGrade: 960
  • Garage Type: Detached
  • Heat: Forced Air
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Living Room
  • TotalBedrooms: 3
  • Year Built: 1954
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: Full Main Floor
  • Formal Dining: Breakfast Bar, Eat-In Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Dining Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Bonus Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 960
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 1

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: 2021-01-08
  • Estimated Lot Dimensions: 75 x 120 + 75 x 119.8
  • Estimated Number of Acres: 0.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 22-7460-14030

Tax Info

  • Tax Amount: 498.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 29, 2021
Sold by
Holden Brian and Holden Denise
Bought by
Johnson Tamara A and Johnson David B
Seller's Agent
Katie Melander
Coldwell Banker Realty - Duluth
Buyer's Agent
Sophia McCann
Results Support Services
List Price
$131,900
Sold Price
$131,900
Current Estimated Value
$178,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,066
Avg. Annual Appreciation
6.75%
Original Mortgage
$118,710
Outstanding Balance
$108,017
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$68,230

Purchase Details

Closed on
Feb 28, 2007
Sold by
Conant Robert and Wesanen Conant Suzanne K
Bought by
Malek George L and Malek Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,250
Interest Rate
6.4%
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
Johnson Tamara A $131,900 None Available
Malek George L $53,000 Scenic Title & Abstract Inc
Johnson Tamara Tamara $131,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Tamara A $118,710
Previous Owner Malek George L $20,000
Previous Owner Malek George L $43,250
Closed Johnson Tamara Tamara $118,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $131,900 0.0% $137 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $131,900 +120.2% $137 / Sq Ft
12/15/2015 12/15/15 Sold $59,900 0.0% $62 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $59,900 -- $62 / 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 $2,280 $172,500 $18,800 $153,700
2024 $623 $166,900 $18,800 $148,100
2023 $612 $164,200 $18,800 $145,400
2022 $549 $146,300 $17,900 $128,400
2021 $499 $75,200 $9,200 $66,000
2020 $459 $54,300 $9,200 $45,100
2019 $376 $54,300 $9,200 $45,100
2018 $445 $56,100 $9,200 $46,900
2017 $374 $56,600 $9,200 $47,400
2016 $1,102 $56,700 $9,200 $47,500
2015 $1,233 $57,300 $9,200 $48,100
2014 $1,233 $0 $0 $0
2013 $1,227 $0 $0 $0
2012 $1,081 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094523

APN: 22-7460-14030