NOT LISTED FOR SALE

6088 Highway 1 Silver Bay, MN 55614

Estimated Value: $287,000 - $330,000

3 Beds
2 Baths
2,016 Sq Ft
$154/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $345,000 $171 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,731/month

2 Days on Market

Highlights

  • Bonus Room
  • Den
  • 1 Car Detached Garage
  • No HOA
  • Lower Floor Utility Room
  • Views

About This Home

As of March 2024

Quality workmanship abounds in this home that is located in the rural Silver Bay, Finland area. Just a stones throw from the Baptism River and Eckbeck Park, this house sits on over an acre, approximately 1/4 acre fenced in with a 5FT chain link fence. Walk in the front door and up the stairway to the spacious kitchen with plenty of cabinetry, newer appliances, the dining room with shelves for your serving dishes, the living room with much natural sunlight pouring in the new windows, the den/office looking out to the large deck and yard. All new flooring.Out on the deck there is much room for grilling or just enjoying the surrounding sights and sounds. There are two bedrooms, 1 bathroom and 2 closets in the hallway on the main floor. The lower level has a non conforming bedroom, extra storage room or another bedroom, family room with a pellet stove and another bathroom with a new stacking laundry set, utility room with storage. In this home there is new siding, new roof (on the garage too) new pex plumbing, new wiring with generator bypass or backup . There has been a point of sale inspection done, the septic is compliant, water test is good.Make your appt to see this great place today!

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 02/10/2024

Last Buyer's Agent

Silviya Duclos

TimberWolff Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1964

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 187 x 346 x 282.4

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Utility Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Finished Basement Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Private Sewer
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26-5631-04080

Home Details

Home Type

Single Family

Est. Annual Taxes

$732

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 61 to Hwy 1 to property on right
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 171.13
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1008
  • Below Grade Finished Sq Ft: 1008
  • Garage Type: Detached
  • Heat: Baseboard, Hot Water, Oil, Pellet
  • MainFloorBath: Yes
  • Reso Roof: Metal
  • Room 10: Utility Room
  • Room 11: Bonus Room
  • Bedroom 3: Living Room
  • TotalBedrooms: 3
  • Year Built: 1964
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Bath, Bedrooms, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block, Wood
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Den/Office, Utility Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2016
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt, Off Street
  • Garage Capacity: 1

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: 2024-02-10
  • Estimated Lot Dimensions: 187 x 346 x 282.4
  • Estimated Number of Acres: 1.12
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 26-5631-04080

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Mar 28, 2024
Sold by
Leatham Benjamin
Bought by
Eidenschink Steven and Eidenschink Amy
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Silviya Duclos
TimberWolff Realty LLC
List Price
$345,000
Sold Price
$345,000
Views
1
Current Estimated Value
$309,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,530
Avg. Annual Appreciation
-4.82%

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jan 5, 2021
Sold by
Culpepper Sherrie and Culpepper Tobey
Bought by
Leatham Benjamin F
Seller's Agent
Jarett Mickelson
Legacy Real Estate Group LLC
Buyer's Agent
Katie Melander
Coldwell Banker Realty - Duluth
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.93%
Original Mortgage
$80,750
Interest Rate
2.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Dec 5, 2017
Closed on
Aug 6, 2018
Sold by
North Shore Fcu
Bought by
Culpepper Sherrie
Seller's Agent
Deven VanHouse
CENTURY 21 Atwood
Buyer's Agent
Jarett Mickelson
Legacy Real Estate Group LLC
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.46%

Purchase Details

Closed on
Dec 1, 2011
Sold by
Anselment Donald P and Preston Sara M
Bought by
Anselment Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
4.02%
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
Eidenschink Steven $345,000 --
Leatham Benjamin F $85,000 None Available
Culpepper Sherrie $95,000 --
Anselment Daniel L $128,000 None Available
Leatham Benjamin Benjamin $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leatham Benjamin F $80,750
Previous Owner Anselment Daniel L $102,400
Closed Leatham Benjamin Benjamin $80,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $345,000 0.0% $171 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $345,000 +305.9% $171 / Sq Ft
01/15/2021 01/15/21 Sold $85,000 0.0% $72 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $85,000 -10.5% $72 / Sq Ft
08/10/2018 08/10/18 Sold $95,000 0.0% $80 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $95,000 -- $80 / 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 $538 $277,500 $42,400 $235,100
2023 $476 $203,100 $44,100 $159,000
2022 $721 $174,400 $42,300 $132,100
2021 $1,225 $143,100 $39,800 $103,300
2020 $1,196 $136,767 $39,367 $97,400
2019 $1,226 $136,800 $39,400 $97,400
2018 $764 $136,800 $39,400 $97,400
2017 $742 $138,100 $39,400 $98,700
2016 $744 $139,400 $39,400 $100,000
2015 $769 $140,800 $39,500 $101,300
2014 $769 $0 $0 $0
2013 $590 $0 $0 $0
2012 $602 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112226

APN: 26-5631-04080