NOT LISTED FOR SALE

40 Burk Dr Silver Bay, MN 55614

Estimated Value: $150,000 - $158,000

3 Beds
1 Bath
864 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $52,500 $61 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $899/month

252 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Dining Room
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of January 2015

Looking for a back to the woods location with a view of Lake Superior? This 3 bedroom home with a detached 1 car garage, newer siding, new shingles, freestanding fireplace, remodeled kitchen all on 1 level is ready to go.

Last Agent to Sell the Property

Christine Mattila

CENTURY 21 Gilderman II Listed on: 04/01/2014

Last Buyer's Agent

Dee Furo

RE/MAX Prodigy

Home Details

Home Type

  • Single Family

Year Built

  • 1953

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 84x130

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Dining Room
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 22-7440-04190

Home Details

Home Type

Single Family

Year Built

1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Washer/Dryer Hookups
  • Estimated Number of Acres: 0.25
  • Construction: Previously Owned
  • Foundation Size: 864
  • Parcel Number: 22-7440-04190
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Free Standing
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 17.7x10.6, On Level: Main
  • Room 2: Dining Room, 8.8x5.7, On Level: Main
  • Room 3: Kitchen, 11x10.5, On Level: Main
  • Room 4: Bedroom, 11x10.5, On Level: Main
  • Room 5: Bedroom, 11.2x10.6, On Level: Main
  • Room 6: Bedroom, 10.5x9.8, On Level: Main
  • Room 7: 7.8x6.4, On Level: Main
  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Finished Above Grade Sq Ft: 864
  • Total Fin Square Footage: 864
  • Total Square Footage: 864

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 84x130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jan 16, 2015
Sold by
Johnson Paul Paul
Bought by
Vasquez Raphael Raphael
Seller's Agent
Christine Mattila
CENTURY 21 Gilderman II
Buyer's Agent
Dee Furo
RE/MAX Prodigy
List Price
$64,500
Sold Price
$52,500
Premium/Discount to List
-$12,000
-18.6%
Current Estimated Value
$151,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,910
Avg. Annual Appreciation
10.20%
Original Mortgage
$52,500
Outstanding Balance
$39,944
Interest Rate
3.66%
Estimated Equity
$113,269
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Vasquez Raphael Raphael $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Raphael Raphael $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2015 01/16/15 Sold $52,500 -18.6% $61 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $64,500 -- $75 / 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 $1,358 $159,400 $19,300 $140,100
2024 $572 $167,300 $19,300 $148,000
2023 $516 $150,500 $19,300 $131,200
2022 $1,356 $123,300 $18,400 $104,900
2021 $1,385 $72,900 $11,500 $61,400
2020 $1,460 $37,800 $12,200 $25,600
2019 $988 $49,700 $11,600 $38,100
2018 $1,077 $49,700 $11,600 $38,100
2017 $985 $49,700 $11,600 $38,100
2016 $925 $50,200 $11,600 $38,600
2015 $1,037 $48,100 $11,000 $37,100
2014 $1,037 $0 $0 $0
2013 $898 $0 $0 $0
2012 $941 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Christine Mattila

    CENTURY 21 Gilderman II

  • D

    Buyer's Agent in 2015

    Dee Furo

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4604411

REALTOR® Association of Southern Minnesota

APN: 22-7440-04190

Minnesota Lake County Silver Bay 55614

40 Burk Dr, Silver Bay, MN

Not Listed for Sale

Detached

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