$77,900

40 Nelson Dr Silver Bay, MN 55614

Estimated payment $575/month

Total Views 7,103
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Wood Siding
  • No HOA
  • Under Construction

About This Home

Plenty of potential in this Silver Bay home. Corner lot with a nice yard and all ready for your own construction and finishing work, it has been gutted. Let your own ideas, visions and sweat equity make this the home you will enjoy for years to come!

Listing Agent

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 04/26/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1980 | Under Construction

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 85 x 154 x 89 x 155

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property

Utilities

  • No Heating
  • Water Not Available
  • Not Connected to Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-7520-30390, 22-7520-30400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,736

Year Built

Built in 1980 | Under Construction

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Outer Dr to left on Edison Blvd to right on Law Dr to Nelson Dr, it is on the corner of Nelson and Marks Dr
  • L O1 Office Phone1 Number: 218-393-4753
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • Garage Type: None
  • Heat: None
  • MainFloorBath: No
  • Year Built: 1980
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Stories: 1 Story

Exterior Features

  • Construction Status: Under Construction
  • Exterior: Wood

Utilities

  • Power Company: Minnesota Power
  • Sewer: City, None
  • Water: City, None

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2025-04-27
  • Estimated Lot Dimensions: 85 x 154 x 89 x 155
  • Estimated Number of Acres: 0.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 22-7520-30390, 22-7520-30400

Tax Info

  • Tax Amount: 1736

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $406 $127,100 $19,900 $107,200
2023 $441 $107,000 $19,900 $87,100
2022 $1,442 $105,300 $18,900 $86,400
2021 $1,365 $77,500 $15,100 $62,400
2020 $1,462 $74,900 $15,000 $59,900
2019 $1,304 $65,600 $15,000 $50,600
2018 $1,307 $65,600 $15,000 $50,600
2017 $368 $60,300 $13,500 $46,800
2016 $353 $60,300 $13,500 $46,800
2015 $365 $60,400 $13,300 $47,100
2014 $365 $0 $0 $0
2013 $344 $0 $0 $0
2012 $353 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $77,900 -2.5% --
05/28/2025 05/28/25 Price Changed $79,900 -11.2% --
04/26/2025 04/26/25 For Sale $90,000 -- --
Source: Lake Superior Area REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $3,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $52,000 Credit Line Revolving
Source: Public Records

Similar Home in Silver Bay, MN

  • 55 Davis Dr, Silver Bay, MN 55614

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    • 2 Beds
    • 0.5 Baths
    • 864 Sq Ft
    • 55 Davis Dr
    • Silver Bay, MN

    2 Bedroom, 1 Bathroom single family home, 1 car detached garage. 4x18 open porch off the front of the house. Remodel started on Bathroom and Kitchen for new owner to finish. Single car Garage, Come take a look.

    Crystal Peterson Century 21 Atwood

    Section Image

Source: Lake Superior Area REALTORS®

MLS Number: 6118913

APN: 22-7520-30390