NOT LISTED FOR SALE

5539 Midbrod Dr Silver Bay, MN 55614

Estimated Value: $97,000 - $220,000

1 Bed
1 Bath
1,032 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $100,000 $97 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $856/month

42 Days on Market

Highlights

  • Private Waterfront
  • Main Floor Primary Bedroom
  • Bungalow
  • Home fronts a creek
  • No HOA
  • Bathroom on Main Level

About This Home

As of December 2024

One bedroom, one bath ranch with large decks, large kitchen/dining area with appliances, walk in tub in bathroom, all on 2.66 acres with creek frontage.

Last Agent to Sell the Property

Michelle Lyons

Port Cities Realty, LLC Listed on: 10/22/2024

Last Buyer's Agent

Phil Huston

Belay Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 2.66 Acre Lot
  • Home fronts a creek
  • Private Waterfront
  • 60 Feet of Waterfront

Parking

  • No Garage

Home Design

  • Bungalow
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26-5607-21747

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Midbrod Drive to property.
  • L O1 Office Phone1 Number: 218-740-3116
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1032
  • Garage Type: None
  • Heat: Forced Air, Electric
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • TotalBedrooms: 1
  • Year Built: 1996
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1032

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 60
  • Waterfront Name: Palisade Creek
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 198x722x21x378x405 approximate
  • Estimated Number of Acres: 2.66
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 26-5607-21747
  • Waterfront Type: Creek/Stream

Rental Info

  • Lease Terms: Cash, Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Dec 10, 2024
Sold by
Secretary Of Veterans Affairs
Bought by
Drown David
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Phil Huston
Belay Realty
List Price
$100,000
Sold Price
$100,000
Views
148
Current Estimated Value
$157,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,139
Avg. Annual Appreciation
51.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Drown David $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $100,000 0.0% $97 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
11/21/2024 11/21/24 Off Market $100,000 -- --
10/22/2024 10/22/24 For Sale $100,000 -- $97 / 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 $410 $185,100 $56,800 $128,300
2024 $410 $185,100 $56,800 $128,300
2023 -- $169,500 $51,100 $118,400
2022 -- $154,300 $47,000 $107,300
2020 $0 $111,200 $47,000 $64,200
2019 $0 $101,700 $47,000 $54,700
2018 $0 $101,700 $47,000 $54,700
2017 $0 $91,500 $34,700 $56,800
2016 -- $91,500 $34,700 $56,800
2015 -- $92,200 $34,800 $57,400
2014 -- $0 $0 $0
2013 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Lyons

    Seller's Agent in 2024

    Michelle Lyons

    Port Cities Realty, LLC

    (218) 348-6143

    117 Total Sales

    Michelle Lyons
    Section Image
  • Phil Huston

    Buyer's Agent in 2024

    Phil Huston

    Belay Realty

    (612) 272-0724

    3 Total Sales

    Phil Huston
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6116734

APN: 26-5607-21747

Minnesota Lake County Silver Bay 55614

5539 Midbrod Dr, Silver Bay, MN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes