5833 Lax Lake Rd Silver Bay, MN 55614
2
Beds
1
Bath
520
Sq Ft
2.36
Acres
Highlights
- No HOA
- 1-Story Property
- Wood Burning Fireplace
- Bathroom on Main Level
- Wood Siding
About This Home
As of September 2024Nestled in the serene North Woods of Minnesota, this charming rustic cabin offers a tranquil retreat on 2.3 acres. Overlooking the pristine waters of Lax Lake, the cabin provides breathtaking views and a perfect escape into nature. Enjoy mornings on the porch with the sound of birdsong, afternoons exploring the surrounding wilderness, and evenings by the fire under a canopy of stars. Pop your boat in and out of Lax Lake with ease, the landing is right across the street! This cabin is an idyllic haven for those seeking peace and natural beauty.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $710
Year Built
- Built in 1926
Lot Details
- 2.36 Acre Lot
Parking
- No Garage
Home Design
- Wood Frame Construction
- Wood Siding
Interior Spaces
- 520 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Bathroom
Utilities
- Boiler Heating System
- Heating System Uses Propane
- Private Water Source
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 26-5644-01010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2024
Closed on
Sep 9, 2024
Sold by
Nash Francis and Nash Cynthia
Bought by
Brummel David and Giuliani Lisa
Seller's Agent
Jon Chapek
Odyssey Real Estate Group
Buyer's Agent
Lisa Michalski
Edina Realty, Inc. - Duluth
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,937
Avg. Annual Appreciation
3.84%
Original Mortgage
$75,000
Outstanding Balance
$74,543
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$80,631
Purchase Details
Closed on
May 16, 2007
Sold by
Solberg Dwight J and Solberg Teresa L
Bought by
Nash Francis M and Nash Cynthia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2006
Sold by
Runnberg Donald E and Runnberg Marlis M
Bought by
Solberg Dwight J and Soolberg Teresa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6.27%
Mortgage Type
New Conventional
Similar Homes in Silver Bay, MN
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | -- | |
| Warranty Deed | $119,500 | Scenic Title & Abstract Inc | |
| Warranty Deed | $56,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,000 | New Conventional | |
| Previous Owner | $104,500 | New Conventional | |
| Previous Owner | $61,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | $150,000 | -5.7% | $288 / Sq Ft |
| 07/18/2024 07/18/24 | For Sale | $159,000 | 0.0% | $306 / Sq Ft |
| 05/25/2024 05/25/24 | Pending | -- | -- | -- |
| 05/23/2024 05/23/24 | For Sale | $159,000 | -- | $306 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $488 | $115,800 | $48,400 | $67,400 |
| 2023 | $479 | $118,000 | $49,800 | $68,200 |
| 2022 | $750 | $104,700 | $47,400 | $57,300 |
| 2021 | $706 | $90,000 | $44,100 | $45,900 |
| 2020 | $699 | $55,100 | $44,100 | $11,000 |
| 2019 | $699 | $67,500 | $44,400 | $23,100 |
| 2018 | $712 | $79,100 | $44,400 | $34,700 |
| 2017 | $692 | $79,500 | $44,400 | $35,100 |
| 2016 | $706 | $79,500 | $44,400 | $35,100 |
| 2015 | $708 | $80,100 | $44,600 | $35,500 |
| 2014 | $708 | $0 | $0 | $0 |
| 2013 | $679 | $0 | $0 | $0 |
| 2012 | $699 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Jon Chapek
Odyssey Real Estate Group
(952) 715-7707
112 Total Sales
-
Buyer's Agent in 2024
Lisa Michalski
Edina Realty, Inc. - Duluth
(218) 220-9453
172 Total Sales
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6113828
APN: 26-5644-01010
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