NOT LISTED FOR SALE

5842 Lax Lake Rd Silver Bay, MN 55614

Estimated Value: $374,000 - $519,000

4 Beds
2 Baths
1,638 Sq Ft
$262/Sq Ft Est. Value

Last Sold November 14, 2012

Last sale price $210,000 $128 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,475/month

Highlights

  • Boathouse
  • 4 Car Detached Garage
  • 1-Story Property
  • 100 Feet of Waterfront
  • Bathroom on Main Level
  • Combination Kitchen and Dining Room

About This Home

As of November 2012

RARE OPPORTUNITY! 4 BR, 2 BATH SPLIT ENTRY HOME W/2 CAR ATT. GAR. SITUATED ON 1.9 ACRES AND 100' OF LAX LAKE SHORELINE. NEW WINDOWS, NEWLY REMODELED KITCHEN INCLUDING HICKORY CABINETRY & QUARTZ COUNTERTOPS, NEW PLUSH CARPET IN LIVING ROOM, HALL AND MAIN FLOOR BR'S. OUTBUILDINGS INCLUDE 20' X 28' BOATHOUSE W/SCREEN PORCH AT WATERS EDGE & 24' X 24' DETACHED GARAGE/STORAGE BLDG. ACROSS LAX LAKE RD. BEAUTIFUL VIEWS OF SAWTOOTH MOUNTAINS & EASY LAKE ACCESS.

Last Agent to Sell the Property

Patty Payne

Bayview Realty Listed on: 09/18/2012

Co-Listed By

Jennifer Mattson

Bayview Realty

Last Buyer's Agent

Barbara Hron

Bayview Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built

  • 1962

Lot Details

  • 1.9 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front

Parking

  • 4 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Boathouse

Utilities

  • Heating System Uses Oil
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 26-5641-12140

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built

1962

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 1.9
  • Construction: Previously Owned
  • Foundation Size: 936
  • Parcel Number: 26-5641-12140
  • Projected Closed Date: 11/16/2012
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 15'1"x18'4", On Level: Main
  • Room 2: Kitchen, 9'10"x20'10", On Level: Main
  • Room 3: Bedroom, 11'3"x13'4", On Level: Main
  • Room 4: Bedroom, 11'10"x9'11", On Level: Main
  • Room 5: Foyer, 7'6"x3'11", On Level: Main
  • Room 6: Rec Room, 14'5"x14'2", On Level: Lower
  • Room 7: 11'x9'2", On Level: Lower
  • Room 8: Bedroom, 10'2"x12'2", On Level: Lower
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 936
  • Below Grade Finished Sq Ft: 702
  • Total Fin Square Footage: 1638
  • Total Square Footage: 1872

Exterior Features

  • Waterfront Name: Lax
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Boathouse
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 100
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4

Utilities

  • Fuel: Electric, Oil
  • Sewer: Private
  • Water: Private, Shared

Schools

  • School District: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: IRR.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2018
Sold by
Orttel Dale W and Orttel Mary F
Bought by
Miller Cindy S
Current Estimated Value
$429,244

Purchase Details

Listed on
Sep 18, 2012
Closed on
Nov 14, 2012
Sold by
Byrnes Jeffrey J and Byrnes Patricia A
Bought by
Orttel Dale W
Seller's Agent
Patty Payne
Bayview Realty
Buyer's Agent
Barbara Hron
Bayview Realty
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$198,666
Interest Rate
3.32%
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
Miller Cindy S $200,000 --
Orttel Dale W $210,000 Lake Superior Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orttel Dale W $198,666
Previous Owner Byrnes Jeffrey J $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2012 11/14/12 Sold $210,000 -2.3% $128 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $215,000 -- $131 / 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
2025 $2,254 $349,500 $95,400 $254,100
2024 $1,261 $363,000 $95,400 $267,600
2023 $1,181 $363,300 $95,400 $267,900
2022 $1,332 $315,800 $89,200 $226,600
2021 $1,907 $210,800 $89,200 $121,600
2020 $1,907 $162,132 $81,732 $80,400
2019 $1,925 $162,132 $81,732 $80,400
2018 $1,969 $201,900 $81,700 $120,200
2017 $1,237 $203,300 $81,700 $121,600
2016 $1,229 $191,600 $80,900 $110,700
2015 $1,275 $192,200 $81,400 $110,800
2014 $1,275 $0 $0 $0
2013 $1,066 $0 $0 $0
2012 $1,710 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Patty Payne

    Bayview Realty

  • J

    Seller Co-Listing Agent in 2012

    Jennifer Mattson

    Bayview Realty

  • B

    Buyer's Agent in 2012

    Barbara Hron

    Bayview Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4402873

REALTOR® Association of Southern Minnesota

APN: 26-5641-12140

Minnesota Lake County Silver Bay 55614

5842 Lax Lake Rd, Silver Bay, MN

This home is located at 5842 Lax Lake Rd, Silver Bay, MN 55614 since 18 September 2012 and is currently estimated at $429,244, approximately $262 per square foot. This property was built in 1962. 5842 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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