NOT LISTED FOR SALE

4231 Beaver Valley Rd Silver Bay, MN 55614

Estimated Value: $205,000 - $291,000

1 Bed
1 Bath
1,184 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 12, 2015

Last sale price $58,000 $49 Per Sq Ft

Est. 308% increase in value since last sale

Current estimated payment $1,328/month

244 Days on Market

Highlights

  • Panoramic View
  • Ranch Style House
  • Den
  • Deck
  • Pole Barn
  • 4 Car Detached Garage

About This Home

As of May 2015

This is a Fannie Mae property! Rustic 1+ bedroom home on over 10+ acres! Lots of interior tongue and groove wood, enjoy the open porch/deck, 36X34 pole building, tiled kitchen, large living room with fireplace and so much more.

Last Agent to Sell the Property

Michelle Lyons

Port Cities Realty, LLC Listed on: 07/29/2014

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $675

Year Built

  • Built in 1979

Lot Details

  • 10.75 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Irregular Lot
  • Unpaved Streets

Property Views

  • Panoramic
  • Valley

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,184 Sq Ft Home
  • Woodwork
  • Wood Burning Fireplace
  • Living Room
  • Den
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Pole Barn
  • Storage Shed
  • Porch

Farming

  • Tillable Land

Utilities

  • Dual Heating Fuel
  • Heating System Uses Wood
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 29-5509-24140

Home Details

Home Type

Single Family

Est. Annual Taxes

$675

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: from South - Take Hwy 61 to Beaver Bay turn left onto #4, go approx. 2 miles, turn left onto #3, go approx 4-5 miles, turn left onto Beaver Valley road. Continue to property on your right hand side. (approximately 1 mile)
  • L O1 Office Phone1 Number: 218-740-3116
  • List Price/ Sq Ft: 48.99
  • Property Sub-Type: SF/Detached
  • Tax Year: 2013
  • Twp Number: 55
  • View Type:Pond View: Valley, Panoramic
  • Lot Description Waterfront: No
  • Reso Association Amenities: Natural Woodwork, Tiled Floors
  • Amenities Exterior: Deck, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1184
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, Wood, Electric
  • Reso Roof: Metal
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1979
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Estimated Basement Sq Ft: 1184
  • Basement Style: Slab, Posts
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Laundry Room
  • Stories: 1 Story
  • Room 6: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1184
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Pole Building, Storage Shed
  • Road Frontage: Dead End/No Outlet, Private, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 4

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Schools

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

Lot Info

  • Geo Update Timestamp: 2015-05-14
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 10.75
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Tillable
  • Parcel Number: 29-5509-24140

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 674.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2014
Closed on
May 11, 2015
Bought by
Weflen Andrew Andrew
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$58,000
Sold Price
$58,000
Current Estimated Value
$236,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,636
Avg. Annual Appreciation
14.36%
Original Mortgage
$45,100
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2005
Sold by
Welt Duane E and Welt Cynthia
Bought by
Hostetler Kent and Hostetler Kyla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.79%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Weflen Andrew Andrew $58,000 --
Hostetler Kent $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weflen Andrew D $100,000
Closed Weflen Andrew D $45,100
Closed Weflen Andrew D $10,000
Previous Owner Hostetler Kent $120,000
Previous Owner Hostetler Kent $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2015 05/12/15 Sold $58,000 0.0% $49 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
07/29/2014 07/29/14 For Sale $58,000 -- $49 / 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
2024 $386 $193,900 $50,200 $143,700
2023 $881 $166,700 $50,200 $116,500
2022 $1,044 $254,800 $42,500 $212,300
2021 $853 $168,300 $42,500 $125,800
2020 $937 $132,300 $47,100 $85,200
2019 $910 $112,800 $47,100 $65,700
2018 $939 $148,100 $43,900 $104,200
2017 $924 $148,100 $43,900 $104,200
2016 $710 $154,200 $50,000 $104,200
2015 $812 $132,300 $47,100 $85,200
2014 $812 $0 $0 $0
2013 $618 $0 $0 $0
2012 $633 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6012390

APN: 29-5509-24140