$68,500
SOLD JUN 18, 2025

59 Burk Dr Silver Bay, MN 55614

-- Bed
-- Bath
1,260 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

19% Below List Price

13 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Under Construction
  • No HOA

About This Home

As of June 2025

If you are looking for a home to fix up and flip or looking for a home to finish with all of your own plans and ideas, this home is for you. With great views of Lake Superior and the surrounding hills of Silver Bay!

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 04/26/2025

Last Buyer's Agent

Jarett Mickelson

Legacy Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1954 | Under Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70.33 x 130.17

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Composition Shingle

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-7450-05180

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,592

Year Built

Built in 1954 | Under Construction

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Outer Dr to right on Adams Blvd to left on Banks Blvd to right on Burk Dr to property
  • L O1 Office Phone1 Number: 218-393-4753
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • Garage Type: Detached
  • Heat: None
  • MainFloorBath: No
  • Year Built: 1954
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Stories: 1.25 - 1.75 Story

Exterior Features

  • Construction Status: Under Construction
  • Exterior: Composition

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2025-04-27
  • Estimated Lot Dimensions: 70.33 x 130.17
  • Estimated Number of Acres: 0.21
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 22-7450-05180

Tax Info

  • Tax Amount: 1592

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2025
Closed on
Jun 18, 2025
Sold by
Rock Island Home Watertown West Metro
Bought by
Bundgaard Bruce
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Jarett Mickelson
Legacy Real Estate Group LLC
List Price
$85,000
Sold Price
$68,500
Premium/Discount to List
-$16,500
-19.41%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
910.46%

Purchase Details

Closed on
Jan 10, 2022
Sold by
State Of Minnesota
Bought by
Swanson Joseph
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $68,500 --
Deed $95,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $68,500 -19.4% $54 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/26/2025 04/26/25 For Sale $85,000 -- $67 / 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 $1,592 $117,200 $24,500 $92,700
2024 $472 $116,500 $18,800 $97,700
2023 $407 $124,300 $18,800 $105,500
2022 $1,756 $97,200 $17,900 $79,300
2021 $1,286 $94,400 $10,000 $84,400
2020 $1,286 $95,300 $10,000 $85,300
2019 $1,286 $64,700 $10,000 $54,700
2018 $1,933 $64,700 $10,000 $54,700
2017 $1,685 $65,500 $10,000 $55,500
2016 $1,221 $66,200 $10,000 $56,200
2015 $338 $63,500 $9,600 $53,900
2014 $338 $0 $0 $0
2013 $96 $0 $0 $0
2012 $100 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Gigi Maxwell

    Legacy Real Estate Group LLC

    (218) 220-8729

    170 Total Sales

    Gigi Maxwell
    Section Image

  • J

    Buyer's Agent in 2025

    Jarett Mickelson

    Legacy Real Estate Group LLC

    (218) 390-4010

    204 Total Sales

    Jarett Mickelson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6118914

APN: 22-7450-05180

Minnesota Lake County Silver Bay 55614

59 Burk Dr, Silver Bay, MN

This home is located at 59 Burk Dr, Silver Bay, MN 55614 and is currently priced at $68,500, approximately $54 per square foot. This property was built in 1954. 59 Burk Dr 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.

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