54 Banks Blvd Silver Bay, MN 55614
Estimated payment $824/month
Total Views
13,409
3
Beds
1
Bath
864
Sq Ft
$164
Price per Sq Ft
Highlights
- Lake View
- No HOA
- Living Room
- Ranch Style House
- 1 Car Detached Garage
- Bathroom on Main Level
About This Home
Efficient 3 bedroom home with views of Lake Superior! One level living makes this a convenient home with sunlight pouring in, several updates, including kitchen cabinets, countertops and sink, new front picture window in summer of 2024, new furnace in November 2024, detached 1 car garage, nice yard to sit out in and enjoy the views....move right in and enjoy!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $676
Year Built
- Built in 1953
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 70 x 120
- Level Lot
Home Design
- Ranch Style House
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 864 Sq Ft Home
- Vinyl Clad Windows
- Aluminum Window Frames
- Living Room
- Combination Kitchen and Dining Room
- Utility Room
- Lake Views
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Driveway
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Water Heater
- Fiber Optics Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22-7450-05330
Map
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Home Values in the Area
Average Home Value in this Area
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 | $676 | $151,600 | $18,500 | $133,100 |
| 2024 | $292 | $121,400 | $18,500 | $102,900 |
| 2023 | $200 | $128,300 | $18,500 | $109,800 |
| 2022 | $393 | $100,200 | $17,500 | $82,700 |
| 2021 | $388 | $61,600 | $9,000 | $52,600 |
| 2020 | $452 | $53,100 | $9,000 | $44,100 |
| 2019 | $315 | $51,100 | $9,100 | $42,000 |
| 2018 | $1,123 | $51,100 | $9,100 | $42,000 |
| 2017 | $1,026 | $51,800 | $9,100 | $42,700 |
| 2016 | $807 | $52,300 | $9,100 | $43,200 |
| 2015 | $243 | $42,000 | $8,600 | $33,400 |
| 2014 | $243 | $0 | $0 | $0 |
| 2013 | $219 | $0 | $0 | $0 |
| 2012 | $241 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $142,000 | -1.4% | $164 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $144,000 | -3.4% | $167 / Sq Ft |
| 03/29/2025 03/29/25 | For Sale | $149,000 | +29.6% | $172 / Sq Ft |
| 07/16/2021 07/16/21 | Sold | $115,000 | 0.0% | $133 / Sq Ft |
| 06/16/2021 06/16/21 | Pending | -- | -- | -- |
| 05/07/2021 05/07/21 | For Sale | $115,000 | -- | $133 / Sq Ft |
Source: Lake Superior Area REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $115,000 | None Available | |
| Warranty Deed | $60,000 | None Available | |
| Deed | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $48,000 | New Conventional |
Source: Public Records
Similar Homes in Silver Bay, MN
Source: Lake Superior Area REALTORS®
MLS Number: 6118397
APN: 22-7450-05330
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