NOT LISTED FOR SALE

6011 S Silver Lake Rd Gilbert, MN 55741

Estimated Value: $182,000 - $218,000

1 Bed
-- Bath
320 Sq Ft
$626/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $152,000 $475 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,201/month

33 Days on Market

Highlights

  • Boathouse
  • Main Floor Primary Bedroom
  • Living Room
  • Private Waterfront
  • Fireplace
  • Machine Shed

About This Home

As of December 2021

Adorable, 1 bedroom, lake cabin located among the pine trees and nestled along Silver Lake. Your off grid paradise has a cabin with corner French doors to admire the lake, a sandy shoreline, appealingly small boat house, generator shed, storage shed. The large lot gives you enough room for future expansions.

Last Agent to Sell the Property

Norma Jean Jofs

Next Door Realty Listed on: 10/07/2021

Last Buyer's Agent

Norma Jean Jofs

Next Door Realty Listed on: 10/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,277

Year Built

  • Built in 1990

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 220x216
  • Private Waterfront
  • 217 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Home Design

  • Cabin
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 1 Primary Bedroom on Main
  • 320 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Range

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Boathouse
  • Storage Shed

Farming

  • Machine Shed

Utilities

  • Heating Available
  • Sand Point Well
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number 260005600020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,277

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Biwabik take Hwy 4 south, turn left on Bass Lake Rd, right on Faber Rd, left on Silver Lake Rd S
  • L O1 Office Phone1 Number: 218-827-2288
  • Road Maintenance: Private
  • Property Sub-Type: Seasonal
  • Tax Year: 2021
  • Twp Number: 58
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 320
  • Garage Type: None
  • Heat: Fireplace, Electric
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1990
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Stories: 1 Story
  • Total Fin Square Footage: 320
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Boathouse, Machine Shed, Storage Shed
  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 217
  • Waterfront Name: Silver
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Lake Country Power
  • Sewer: None
  • Water: Sand Point

Schools

  • Junior High Dist: Mesabi E. #2711

Lot Info

  • Estimated Lot Dimensions: 220x216
  • Estimated Number of Acres: 0.98
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Parcel Number: 260005600020
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 27, 2021
Sold by
Melgeorge and Curtis
Bought by
Wolfe Matthew Marsnik
Seller's Agent
Norma Jean Jofs
Next Door Realty
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$152,000
Sold Price
$152,000
Current Estimated Value
$200,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,417
Avg. Annual Appreciation
7.25%
Original Mortgage
$129,200
Outstanding Balance
$121,210
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$79,207

Purchase Details

Closed on
Apr 6, 2006
Sold by
Melgeorge Casmir A and Melgeorge Ruth Ann
Bought by
Melgeorge James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wolfe Matthew Marsnik $152,000 Concierge Title
Melgeorge James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe Matthew Marsnik $129,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $152,000 0.0% $475 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $152,000 -- $475 / 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
2024 $1,764 $149,400 $102,300 $47,100
2023 $1,764 $142,300 $97,500 $44,800
2022 $1,416 $119,200 $88,000 $31,200
2021 $1,362 $96,400 $70,500 $25,900
2020 $1,332 $94,100 $70,500 $23,600
2019 $1,326 $90,400 $66,800 $23,600
2018 $1,340 $90,400 $66,800 $23,600
2017 $1,348 $89,100 $75,800 $13,300
2016 $1,280 $89,100 $75,800 $13,300
2015 $1,340 $89,100 $75,800 $13,300
2014 $1,340 $89,100 $75,800 $13,300
Source: Public Records

Agents Affiliated with this Home

  • Norma Jean Jofs

    Seller's Agent in 2021

    Norma Jean Jofs

    Next Door Realty

    (218) 780-2860

    401 Total Sales

    Norma Jean Jofs
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100098

APN: 260005600020

Minnesota St Louis County Gilbert 55705

6011 S Silver Lake Rd, Gilbert, MN

Not Listed for Sale

Detached

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