NOT LISTED FOR SALE

5884 Highway 1 Silver Bay, MN 55614

Estimated Value: $216,000 - $293,101

3 Beds
2 Baths
1,041 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $114,500 $110 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,394/month

161 Days on Market

Highlights

  • Wood Burning Stove
  • Bathroom on Main Level
  • Combination Kitchen and Dining Room
  • 2 Car Detached Garage
  • 1-Story Property
  • Storage Shed

About This Home

As of August 2012

Private wooded site with a cozy 3 bedroom multi level home with many updates including drywall, paint, carpet, laminate and tile flooring, remodeled bathrooms, and auxiliary wood stove. Additional features include detached 2 car garage and 2 additional storage buildings.

Last Agent to Sell the Property

Christine Mattila

CENTURY 21 Gilderman II Listed on: 02/15/2012

Last Buyer's Agent

Christine Mattila

CENTURY 21 Gilderman II Listed on: 02/15/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $692

Year Built

  • 1961

Lot Details

  • 1.85 Acre Lot
  • Lot Dimensions are 150' x 537
  • Property fronts a highway

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 26-5607-10085

Home Details

Home Type

Single Family

Est. Annual Taxes

$692

Year Built

1961

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 1.85
  • Construction: Previously Owned
  • Foundation Size: 916
  • Parcel Number: 26-5607-10085
  • Projected Closed Date: 08/24/2012
  • Range: 7W
  • Remodeled Addition: Yes
  • Section: 10
  • Stories: 1 Story
  • Twp Number: 56N
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 8'2"x7'10", On Level: Main
  • Room 2: Dining Room, 8'2x5'9, On Level: Main
  • Room 3: Living Room, 17'7x13'10, On Level: Main
  • Room 4: Master Bedroom, 12'1x11'9, On Level: Upper
  • Room 5: Bedroom, 11'1x11'4, On Level: Upper
  • Room 6: Bedroom, 8'2x7'11, On Level: Upper
  • Room 7: 10'10x7'9, On Level: Basement
  • Room 8: Foyer, 15'x14'3, On Level: Basement
  • Basement Features: Partially Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 916
  • Below Grade Finished Sq Ft: 125
  • Total Fin Square Footage: 1041
  • Total Square Footage: 916

Exterior Features

  • Frontage Road: Highway, Paved
  • Construction Type: Frame/Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Oil
  • Heat: Boiler, Wood Stove
  • Sewer: Private
  • Water: Private

Schools

  • School District: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 150' x 537

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2018
Sold by
Mccarthy Elizabeth J and Dyste Michael C
Bought by
Mott Kevin W
Current Estimated Value
$252,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Outstanding Balance
$63,990
Interest Rate
4.46%
Mortgage Type
Unknown
Estimated Equity
$188,035

Purchase Details

Listed on
Feb 15, 2012
Closed on
Aug 24, 2012
Sold by
Timm Daniel H and Timm Megan
Bought by
Mccarthy Elizabeth J and Dyste Michael C
Seller's Agent
Christine Mattila
CENTURY 21 Gilderman II
Buyer's Agent
Christine Mattila
CENTURY 21 Gilderman II
List Price
$127,500
Sold Price
$114,500
Premium/Discount to List
-$13,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$91,600
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Fallgren Harold M
Bought by
Timm Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.32%
Mortgage Type
New Conventional
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
Mott Kevin W $136,000 --
Mccarthy Elizabeth J $114,500 Lake Superior Title Services
Timm Daniel H $93,000 Scene Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mott Kevin W $108,800
Previous Owner Mccarthy Elizabeth J $91,600
Previous Owner Timm Daniel H $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2012 08/24/12 Sold $114,500 -10.2% $110 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $127,500 -- $122 / 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 $692 $227,100 $46,900 $180,200
2024 $567 $229,600 $46,900 $182,700
2023 $491 $209,800 $43,100 $166,700
2022 $798 $177,400 $43,200 $134,200
2021 $700 $151,600 $43,200 $108,400
2020 $627 $125,249 $43,249 $82,000
2019 $624 $125,200 $43,200 $82,000
2018 $508 $125,200 $43,200 $82,000
2017 $482 $112,000 $43,200 $68,800
2016 $486 $112,100 $43,200 $68,900
2015 $515 $113,400 $43,400 $70,000
2014 $515 $0 $0 $0
2013 $373 $0 $0 $0
2012 $389 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Christine Mattila

    CENTURY 21 Gilderman II

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4221990

REALTOR® Association of Southern Minnesota

APN: 26-5607-10085

Minnesota Lake County Silver Bay 55614

5884 Highway 1, Silver Bay, MN

This home is located at 5884 Highway 1, Silver Bay, MN 55614 since 15 February 2012 and is currently estimated at $252,025, approximately $242 per square foot. This property was built in 1961. 5884 Highway 1 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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