NOT LISTED FOR SALE

51 Marks Dr Silver Bay, MN 55614

Estimated Value: $299,000 - $396,000

4 Beds
2 Baths
2,392 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $300,000 $125 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,976/month

30 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • Lower Floor Utility Room
  • Vaulted Ceiling
  • No HOA
  • 2 Car Detached Garage

About This Home

As of December 2023

Spacious 4 bedroom, 2 bath home on a beautifully landscaped lot in Silver Bay! You will appreciate the many updates in this home, including new windows, new doors, bamboo flooring, appliances, bathrooms, etc, etc, nothing to do here except move in and enjoy! Well maintained and clean, garage is insulated. The back yard is back to the woods and there is a trail in back connecting to the local trail systems. Closing date subject to Sellers finding suitable housing.

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 09/25/2023

Last Buyer's Agent

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 09/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 2000

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 125 x 288.23 x 125 x 288.40
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Vinyl Clad Windows
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Open Floorplan
  • Lower Floor Utility Room
  • Dryer
  • Utility Room
  • Center Hall
  • City Lights Views

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-7550-02010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,898

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Outer Drive to left on Edison to right on Marks Dr to property at left
  • InternetOptions: Cable, Fiber Optic
  • L O1 Office Phone1 Number: 218-728-4436
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • View Type:Pond View: City Lights, Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Kitchen Center Island, Vaulted Ceilings, Center Hall
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1196
  • Below Grade Finished Sq Ft: 1196
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Natural Gas
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bathroom
  • TotalBedrooms: 4
  • Year Built: 2000
  • Level 1 Bedroom: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan/Hood, Microwave, Refrigerator, Range/Stove
  • Basement Features: Egress Windows, Finished, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room, Informal Dining Room
  • Extra Rooms: Family/Rec, Entry
  • Fireplace: Yes
  • Den Fireplace Type: Electric
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Family Room
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Utility Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2392
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Paved, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Features: Electrical Service
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 125 x 288.23 x 125 x 288.40
  • Estimated Number of Acres: 0.82
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 22-7550-02010

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Aug 26, 2016
Sold by
Wall Charles Charles
Bought by
Bilben Andrew Andrew
Seller's Agent
Christine Mattila
CENTURY 21 Atwood
Buyer's Agent
Christine Mattila
CENTURY 21 Atwood
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$331,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,610
Avg. Annual Appreciation
7.77%
Original Mortgage
$165,000
Outstanding Balance
$131,796
Interest Rate
3.43%
Estimated Equity
$199,814

Purchase Details

Closed on
Jul 2, 2008
Sold by
Harrison John R and Harrison Carol B
Bought by
Wall Charles E and Wall Tina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,475
Interest Rate
5.96%
Mortgage Type
FHA
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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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
Bilben Andrew Andrew $165,000 --
Wall Charles E $173,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilben Andrew Andrew $165,000
Previous Owner Wall Charles E $167,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2023 12/08/23 Sold $300,000 0.0% $125 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $300,000 +81.8% $125 / Sq Ft
08/26/2016 08/26/16 Sold $165,000 0.0% $81 / Sq Ft View Prior Sale
07/11/2016 07/11/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $165,000 -- $81 / 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 $2,864 $290,700 $40,600 $250,100
2024 $796 $268,800 $40,600 $228,200
2023 $876 $250,100 $40,600 $209,500
2022 $2,340 $248,300 $38,800 $209,500
2021 $1,596 $164,200 $28,100 $136,100
2020 $1,500 $129,300 $25,200 $104,100
2019 $1,753 $128,500 $25,200 $103,300
2018 $1,967 $128,500 $25,200 $103,300
2017 $1,776 $129,700 $25,200 $104,500
2016 $1,727 $130,800 $25,200 $105,600
2015 $1,727 $130,600 $24,900 $105,700
2014 $1,727 $0 $0 $0
2013 $1,749 $0 $0 $0
2012 $2,157 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6110751

APN: 22-7550-02010