$49,900
SOLD MAR 1, 2012

36 Gibson Rd Silver Bay, MN 55614

2 Beds
1.5 Baths
864 Sq Ft
0.25 Acres

Recently Sold

$58 Per Sq Ft

17% Below List Price

307 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2014

Ideally located on a large corner lot this home awaits a bit of TLC to restore its charm and character. There are 2 bedrooms and a combined kitchen and dining area along with a full basement that is ready to be finished for additional living area. A large 2 car garage features a work area and additional room year around Minnesota toys.

Last Agent to Sell the Property

Don Seipke

Edina Realty Inc - Duluth Listed on: 03/25/2011

Last Buyer's Agent

Don Seipke

Edina Realty Inc - Duluth Listed on: 03/25/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • 1954

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 102x122

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 22-7460-131160

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.25
  • Construction: Previously Owned
  • Foundation Size: 864
  • Parcel Number: 22-7460-131160
  • Projected Closed Date: 03/01/2012
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13x17, On Level: Main
  • Room 2: Kitchen, 11x22, On Level: Main
  • Room 9: Bedroom, 10x11, On Level: Main
  • Room 10: Bedroom, 10x11, On Level: Main
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 864
  • Total Fin Square Footage: 864
  • Total Square Footage: 864

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Oil
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 102x122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2016
Sold by
Scudieri Michele
Bought by
Iozzo Vincent M
Current Estimated Value
$158,433

Purchase Details

Listed on
Mar 25, 2011
Closed on
Mar 1, 2012
Sold by
Amelung Elva M
Bought by
Anderson Mathew and Anderson Kari
Seller's Agent
Don Seipke
Edina Realty Inc - Duluth
Buyer's Agent
Don Seipke
Edina Realty Inc - Duluth
List Price
$59,900
Sold Price
$49,900
Premium/Discount to List
-$10,000
-16.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$44,910
Interest Rate
3.89%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $43,750 North Shore Title
Contract Of Sale $49,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $44,910 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $35,000 -12.5% $33 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $40,000 -19.8% $38 / Sq Ft
03/01/2012 03/01/12 Sold $49,900 -16.7% $58 / Sq Ft
01/26/2012 01/26/12 Pending -- -- --
03/25/2011 03/25/11 For Sale $59,900 -- $69 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $814 $135,800 $19,600 $116,200
2024 $295 $130,700 $19,600 $111,100
2023 $269 $128,900 $19,600 $109,300
2022 $719 $115,400 $18,700 $96,700
2021 $631 $84,000 $11,600 $72,400
2020 $553 $80,500 $11,600 $68,900
2019 $46 $63,000 $11,600 $51,400
2018 $539 $63,000 $11,600 $51,400
2017 $459 $63,600 $11,600 $52,000
2016 $446 $63,600 $11,600 $52,000
2015 $547 $64,200 $11,600 $52,600
2014 $547 $0 $0 $0
2013 $586 $0 $0 $0
2012 $667 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4218776

REALTOR® Association of Southern Minnesota

APN: 22-7460-13160