NOT LISTED FOR SALE

5830 Lax Lake Rd Silver Bay, MN 55614

Estimated Value: $243,000 - $353,000

2 Beds
1 Bath
1,736 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 03, 2017

Last sale price $110,000 $63 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,558/month

29 Days on Market

Highlights

  • 375 Feet of Waterfront
  • Guest House
  • Panoramic View
  • Docks
  • RV Access or Parking
  • Deck

About This Home

As of August 2017

LG 1 acre lot with 375 ft of shoreline. This is a perfect getaway to unwind. Look across Lax Lake to Sawtooth Mountains. Lots of room with the 2 guest cabins and use the main house as a headquarters. the property needs some work, but that way you can make it your own.

Last Agent to Sell the Property

Steve Carlson

Messina & Associates Real Estate Listed on: 06/02/2017

Last Buyer's Agent

Steve Carlson

Messina & Associates Real Estate Listed on: 06/02/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1957

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 375 x 115
  • 375 Feet of Waterfront
  • Lake Front
  • Property fronts a highway
  • Level Lot
  • Few Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Ranch Style House
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Washer Hookup

Bedrooms and Bathrooms

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

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Recreation or Family Area in Basement
  • Basement Window Egress

Parking

  • No Garage
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Gas Water Heater
  • Private Sewer
  • Phone Available

Additional Features

  • Guest House
  • Bunk House

Listing and Financial Details

  • Assessor Parcel Number 26-5608-12480

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,591

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N out of Beaver Bay on hwy 4 and follow on Lax Lake Rd to house.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 63.36
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Drywalls, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • CondoPropertyType: Attached 3 Levels Or Less
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1344
  • Below Grade Finished Sq Ft: 392
  • Garage Type: None
  • Heat: Forced Air, Propane
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 2
  • Year Built: 1957
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Egress Windows, Partially Finished, Walkout, Family/Rec Room
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 1008
  • Basement Style: Partial
  • Bathroom 1 Level: 1
  • Bathroom Description: 1/2 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1736
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Bunkhouse, Guesthouse
  • Road Frontage: County, Highway, Paved
  • Water Frontage In Feet: 375
  • Waterfront Name: Lax
  • Construction Status: Previously Owned
  • Exterior: Fiber Board

Garage/Parking

  • Parking Driveway: RV Parking, Driveway - Gravel

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2017-08-03
  • Estimated Lot Dimensions: 375 X 115
  • Estimated Number of Acres: 1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Light, Telephone, Level
  • Parcel Number: 26-5608-12480
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1590.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Aug 3, 2017
Sold by
Loomer Lois M
Bought by
Pouliot William R
Seller's Agent
Steve Carlson
Messina & Associates Real Estate
Buyer's Agent
Steve Carlson
Messina & Associates Real Estate
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$281,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,813
Avg. Annual Appreciation
12.68%
Original Mortgage
$88,000
Outstanding Balance
$34,074
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$256,623
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
Pouliot William R $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pouliot William R $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2017 08/03/17 Sold $110,000 0.0% $63 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $110,000 -- $63 / 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 $824 $245,000 $142,600 $102,400
2024 $754 $250,500 $142,600 $107,900
2023 $723 $251,100 $142,600 $108,500
2022 $1,062 $224,100 $131,800 $92,300
2021 $1,619 $180,900 $131,800 $49,100
2020 $1,624 $180,400 $126,900 $53,500
2019 $1,608 $179,500 $126,900 $52,600
2018 $1,638 $179,500 $126,900 $52,600
2017 $1,591 $180,400 $126,900 $53,500
2016 $2,238 $181,100 $126,900 $54,200
2015 $1,689 $256,600 $184,900 $71,700
2014 $1,689 $0 $0 $0
2013 $1,454 $0 $0 $0
2012 $1,603 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steve Carlson

    Messina & Associates Real Estate

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6029337

APN: 26-5608-12480

Minnesota Lake County Silver Bay 55614

5830 Lax Lake Rd, Silver Bay, MN

This home is located at 5830 Lax Lake Rd, Silver Bay, MN 55614 since 02 June 2017 and is currently estimated at $281,813, approximately $162 per square foot. This property was built in 1957. 5830 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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