NOT LISTED FOR SALE

5600 Lax Lake Rd Silver Bay, MN 55614

Estimated Value: $296,000 - $459,000

2 Beds
1 Bath
1,152 Sq Ft
$309/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $166,000 $144 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,195/month

102 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Forced Air Heating System
  • Deck
  • Bathroom on Main Level
  • Combination Dining and Living Room

About This Home

As of November 2012

Charming home built in 2002 on a 10 acre private wooded site near Lax Lake. Featuring a large deck to enjoy the wildlife, maintenance free exterior, energy efficient 6" exterior walls, vaulted ceilings in an open floor plan, oak cabinetry, main floor laundry, ample space to build your dream garage, and much more. Home is ready for you to just move right in. Don't miss the opportunity.

Last Agent to Sell the Property

Christine Mattila

CENTURY 21 Gilderman II Listed on: 05/14/2012

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $681

Year Built

  • 2002

Lot Details

  • 10

Parking

  • Gravel Driveway

Home Design

  • Poured Concrete
  • Frame Construction
  • Insulated Concrete Forms
  • Metal Roof
  • Steel Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Additional Features

  • Deck
  • 10 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 26-5608-14380

Home Details

Home Type

Single Family

Est. Annual Taxes

$681

Year Built

2002

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 10
  • Construction: Previously Owned
  • Foundation Size: 768
  • Parcel Number: 26-5608-14380
  • Projected Closed Date: 11/21/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 672.8
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Dining Room: Combine with Living Room, Open Floor Plan
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13'6x14'6, On Level: Main
  • Room 2: Kitchen, 9'x9', On Level: Main
  • Room 3: Dining Room, 9x9, On Level: Main
  • Room 4: Bedroom, 12'9x16'3, On Level: Upper
  • Room 5: Bedroom, 9'9x11', On Level: Main
  • Basement Material: Poured Concrete
  • Basement Style: Crawl Space, Full
  • Finished Above Grade Sq Ft: 1152
  • Total Fin Square Footage: 1152
  • Total Square Footage: 1152

Exterior Features

  • Frontage Road: Gravel
  • Construction Type: Frame/Wood, Insulating Concrete Forms
  • Exterior: Steel
  • Roof: Metal

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 1319' x 988' x 875'/Triangular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2012
Closed on
Nov 21, 2012
Sold by
Wenholz Steven J
Bought by
Wagner Kimberley J and Brown Jeremy L
Seller's Agent
Christine Mattila
CENTURY 21 Gilderman II
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$169,500
Sold Price
$166,000
Premium/Discount to List
-$3,500
-2.06%
Current Estimated Value
$390,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,409
Avg. Annual Appreciation
6.16%
Original Mortgage
$166,000
Outstanding Balance
$123,772
Interest Rate
3.35%
Mortgage Type
USDA
Estimated Equity
$231,662
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
Wagner Kimberley J $166,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Kimberley J $166,000
Previous Owner Wenholz Steven J $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2012 11/21/12 Sold $166,000 -2.1% $144 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $169,500 -- $147 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $681 $259,500 $69,100 $190,400
2023 $677 $235,000 $61,400 $173,600
2022 $804 $214,600 $58,000 $156,600
2021 $630 $152,200 $58,000 $94,200
2020 $793 $131,400 $58,000 $73,400
2019 $786 $141,900 $64,400 $77,500
2018 $810 $141,900 $64,400 $77,500
2017 $774 $142,800 $64,400 $78,400
2016 $774 $142,800 $64,400 $78,400
2015 $808 $144,000 $64,800 $79,200
2014 $808 $0 $0 $0
2013 $637 $0 $0 $0
2012 $673 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Christine Mattila

    CENTURY 21 Gilderman II

  • N

    Buyer's Agent in 2012

    Nonmember NONMEMBER

    Nonmember Office

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4224829

REALTOR® Association of Southern Minnesota

APN: 26-5608-14380

Minnesota Lake County Silver Bay 55614

5600 Lax Lake Rd, Silver Bay, MN

This home is located at 5600 Lax Lake Rd, Silver Bay, MN 55614 since 14 May 2012 and is currently estimated at $355,434, approximately $308 per square foot. This property was built in 2002. 5600 Lax Lake Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

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.

REALTOR® Association of Southern Minnesota 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. Information is deemed reliable but not guaranteed.

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