NOT LISTED FOR SALE

5790 Lax Lake Rd Silver Bay, MN 55614

Estimated Value: $331,000 - $394,403

3 Beds
2 Baths
1,248 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $316,000 $253 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,079/month

11 Days on Market

Highlights

  • Private Waterfront
  • No HOA
  • Living Room
  • Lake View
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of July 2022

Welcome to the cabin! Located on beautiful Lax Lake, with all the wonderful sights and sounds of the lake life, 3 bedroom, 2 bath cabin with lots of room for gathering. Watch the lake from the dining room window or sit outside and enjoy. With over 300 ft of lake shore you will experience all the amenities Lax Lake has to offer such as swimming, boating, fishing, or ice fishing. Dock is included. Please include AS Is Addendum with any offer, the Sellers rep has ordered the Septic Inspection and a water test. Most furnishings are included. Closing to be after July 5th.

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 05/24/2022

Last Buyer's Agent

Pam Lombardi

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 1965

Lot Details

  • 2.16 Acre Lot
  • Private Waterfront
  • 360 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Home Design

  • Cabin
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Lake Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Mound Septic
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26-5608-12570

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,289

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 to Hwy 1 to Lax Lake Rd to property
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 253.21
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • Property Sub-Type: Seasonal
  • Tax Year: 2022
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1248
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1965
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Refrigerator, Range/Stove
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • 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: Bathroom
  • Room 7: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1248
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 360
  • Waterfront Name: Lax
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2022-05-24
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 2.16
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 26-5608-12570
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2288.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 13, 2022
Sold by
Gartner Estate Of Robert
Bought by
Bundschuh Anthony and Bundschuh Rebecca
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Pam Lombardi
RE/MAX Results
List Price
$316,000
Sold Price
$316,000
Current Estimated Value
$356,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,742
Avg. Annual Appreciation
1.71%
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
Bundschuh Anthony $316,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $316,000 0.0% $253 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $316,000 -- $253 / 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 $1,507 $362,200 $215,000 $147,200
2023 $1,474 $364,100 $215,000 $149,100
2022 $2,289 $322,300 $197,600 $124,700
2021 $2,342 $258,000 $197,600 $60,400
2020 $2,413 $258,900 $197,600 $61,300
2019 $2,426 $252,100 $216,800 $35,300
2018 $2,465 $252,100 $216,800 $35,300
2017 $2,406 $252,200 $216,900 $35,300
2016 $2,440 $252,700 $216,900 $35,800
2015 $2,397 $253,300 $216,900 $36,400
2014 $2,397 $0 $0 $0
2013 $2,793 $0 $0 $0
2012 $2,207 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gigi Maxwell

    Legacy Real Estate Group LLC

    (218) 220-8729

    175 Total Sales

    Section Image

  • P

    Buyer's Agent in 2022

    Pam Lombardi

    RE/MAX

    (218) 590-2094

    17 Total Sales

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103020

APN: 26-5608-12570

Minnesota Lake County Silver Bay 55614

5790 Lax Lake Rd, Silver Bay, MN

This home is located at 5790 Lax Lake Rd, Silver Bay, MN 55614 since 24 May 2022 and is currently estimated at $363,601, approximately $291 per square foot. This property was built in 1965. 5790 Lax Lake Rd is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High School.

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