NOT LISTED FOR SALE

5915 Highway 61 Silver Bay, MN 55614

Estimated Value: $150,000 - $237,000

4 Beds
1 Bath
1,365 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $156,000 $114 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,088/month

8 Days on Market

Highlights

  • Lake View
  • No HOA
  • Bunk House
  • Traditional Architecture
  • 2 Car Detached Garage
  • Landscaped with Trees

About This Home

As of July 2024

All offers are due by 6:00 PM on 6-17-24. The home is gutted, all ready for your own finishes! With views of Lake Superior, a tree house/bunk house in the back yard, 2 car garage,this will make a great home, new furnace and AC. In close proximity to several trails, not far from Tettegouche, Split Rock and Gooseberry State Parks and so many area recreational amenities. Compliant septic.

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 06/10/2024

Last Buyer's Agent

Chelsey Wright

My Place Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1957

Lot Details

  • 4.02 Acre Lot
  • Property fronts a highway
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,365 Sq Ft Home
  • Multi-Level Property
  • Vinyl Clad Windows
  • Lake Views

Basement

  • Partial Basement
  • Stone Basement

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Dirt Driveway

Farming

  • Bunk House

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26-5607-01585, 26-5630-01110, 26-5630-01100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,014

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 to property , upper side of the Hwy.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 114.29
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1365
  • Garage Type: Detached
  • Heat: Propane
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Year Built: 1957
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block, Stone
  • Basement Style: Partial
  • Bathroom Description: None
  • Formal Dining: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Stories: 1.25 - 1.75 Story
  • Total Fin Square Footage: 1365

Exterior Features

  • Out Buildings: Bunkhouse
  • Road Frontage: Highway, State
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Dirt Floor
  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-06-10
  • Estimated Lot Dimensions: Irregular, 3 parcels
  • Estimated Number of Acres: 4.02
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 26-5607-01585, 26-5630-01110, 26-5630-01100

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 12, 2024
Sold by
Rock Island Home Watertown West Metro
Bought by
Ness Paul and Nesvetaylov Vera
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Chelsey Wright
My Place Realty, Inc.
List Price
$148,000
Sold Price
$156,000
Premium/Discount to List
$8,000
5.41%
Views
22
Current Estimated Value
$195,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,134
Avg. Annual Appreciation
17.14%

Purchase Details

Closed on
Sep 27, 2021
Sold by
Swanson Joseph J
Bought by
Rock Isl Home Watertown

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 30, 2021
Sold by
Fitzgerald Jason and Fitzgerald Meagan
Bought by
Swanson Joseph L
Seller's Agent
Jenny Stahlbusch
Coldwell Banker Realty - Duluth
Buyer's Agent
Jessica Smith
Red Pine Realty
List Price
$188,900
Sold Price
$188,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.07%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ness Paul $156,000 --
Rock Isl Home Watertown $3,000 None Available
Swanson Joseph L $188,900 None Available
Swanson Joseph J -- None Available
Swanson Joseph Joseph $188,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fitzgerald Jason T $154,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $156,000 +5.4% $114 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $148,000 -21.7% $108 / Sq Ft
04/01/2021 04/01/21 Sold $188,900 0.0% $138 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $188,900 +16.6% $138 / Sq Ft
05/31/2019 05/31/19 Sold $162,000 0.0% $119 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $162,000 -- $119 / 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 $590 $99,200 $26,400 $72,800
2024 $381 $100,200 $26,400 $73,800
2023 $635 $92,200 $24,000 $68,200
2022 $479 $138,800 $23,300 $115,500
2021 $774 $111,400 $23,300 $88,100
2020 $699 $145,400 $44,700 $100,700
2019 $1,206 $129,900 $44,700 $85,200
2018 $1,232 $129,900 $44,700 $85,200
2017 $684 $130,700 $44,700 $86,000
2016 $689 $131,700 $44,700 $87,000
2015 $713 $133,200 $45,000 $88,200
2014 $713 $0 $0 $0
2013 $552 $0 $0 $0
2012 $572 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gigi Maxwell

    Legacy Real Estate Group LLC

    (218) 220-8729

    170 Total Sales

    Gigi Maxwell
    Section Image

  • C

    Buyer's Agent in 2024

    Chelsey Wright

    My Place Realty, Inc.

    Section Image
  • Jenny Stahlbusch

    Seller's Agent in 2021

    Jenny Stahlbusch

    Coldwell Banker Realty - Duluth

    (218) 576-4813

    48 Total Sales

    Jenny Stahlbusch
    Section Image
  • Dave Lilja

    Seller Co-Listing Agent in 2021

    Dave Lilja

    Think Minnesota Realty LLC

    (612) 810-8779

    181 Total Sales

    Dave Lilja
    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Smith

    Red Pine Realty

    (218) 370-2094

    161 Total Sales

    Jessica Smith
    Section Image
  • Lisa Michalski

    Seller's Agent in 2019

    Lisa Michalski

    Edina Realty, Inc. - Duluth

    (218) 220-9453

    174 Total Sales

    Lisa Michalski
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114160

APN: 26-5607-01585

Minnesota Lake County Silver Bay 55614

5915 Highway 61, Silver Bay, MN

This home is located at 5915 Highway 61, Silver Bay, MN 55614 since 10 June 2024 and is currently estimated at $195,134, approximately $142 per square foot. This property was built in 1957. 5915 Highway 61 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.

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.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes