NOT LISTED FOR SALE

6202 Highway 61 Silver Bay, MN 55614

Estimated Value: $927,000 - $2,112,000

3 Beds
3 Baths
4,340 Sq Ft
$370/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $1,390,000 $320 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,187/month

353 Days on Market

Highlights

  • Private Waterfront
  • Spa
  • Vaulted Ceiling
  • Beach Access
  • Heated Floors
  • Main Floor Primary Bedroom

About This Home

As of August 2020

Peaceful and understated, this one of a kind location along Lake Superiors rugged shoreline delivers in every way. When the current owners of this property had the opportunity to purchase an existing cabin near the waters edge with ledge-rock and an amazing private cove they jumped! The vision was to utilize the existing grandfathered cabin to anchor a larger custom built home to host family and friends...a purchase agreement was signed and the work was really just about to begin. A custom Log Builder was selected and a decision was made to source Beetle killed logs from BC for the new home. Beetle Killed Lodge Pole Pine is a significant fact, when a standing tree is killed by Beetles it allows the log to dry slowly and evenly resulting in a reduced harvest by loggers for these kinds of log homes as well as a far superior overall product that does not need screw jacks to help level the home as it dries and settles. The attention to every detail is apparent from the moment you step inside on the heated and polished concrete floors. The energy efficient mechanical systems combined with the in flr heat in the winter make for a very economical heating bill, no air conditioning needed to stay cool in this home in the summertime either as the lakes cooling effect is just feet from your door. If you are a qualified Buyer looking for the perfect North Shore cabin this is a must see.

Last Agent to Sell the Property

Jon Chapek

Odyssey Real Estate Group Listed on: 07/22/2019

Co-Listed By

Nonmember NONMEMBER

Nonmember Office

Last Buyer's Agent

Lisa Janisch

Janisch Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,198

Year Built

  • Built in 2002

Lot Details

  • 3.7 Acre Lot
  • Lot Dimensions are 250 x 600
  • Private Waterfront
  • 250 Feet of Waterfront
  • Lake Front
  • Property fronts a highway
  • Partially Fenced Property
  • Landscaped with Trees

Home Design

  • Log Cabin
  • Concrete Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Wired For Data
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Loft
  • Workshop
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room
  • Heated Floors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drainage System
  • Apartment Living Space in Basement
  • Bedroom in Basement

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Windows
  • Air Exchanger

Outdoor Features

  • Spa
  • Beach Access
  • Enclosed Patio or Porch
  • Storage Shed

Utilities

  • No Cooling
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Water Filtration System
  • Private Water Source
  • Drilled Well
  • Tankless Water Heater
  • Gas Water Heater
  • Fuel Tank
  • Mound Septic
  • Private Sewer
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24-5720-30110

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,198

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Silver Bay, Head NE on Hwy 61 for 8.9 Miles to fire # 6202 Hwy 61
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-834-2495
  • List Price/ Sq Ft: 320.28
  • Road Maintenance: Public
  • ShorelineCharacteristics: Rocky, Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Ethernet Wired, Hot Tub, Kitchen Center Island, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Cable TV, Beamed Ceilings, Foyer Entry, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Fenced Yard - Partial
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 2480
  • Below Grade Finished Sq Ft: 1860
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, Fireplace, In Floor, Wood, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Room 10: Den/Office
  • Room 11: Den/Office
  • Room 12: Living Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2002
  • Level 1 Bedroom: Main
  • RoomLevel10: Second Floor
  • RoomLevel11: Basement
  • RoomLevel12: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 3
  • Basement Features: Drainage System, Partially Finished, Unfinished, Walkout, Apartment, Den/Office, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Breakfast Bar, Combine with Living Room, Eat-In Kitchen, Formal Dining Room
  • Extra Rooms: See Remarks, Storage Room, Utility Room, Workshop
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Foyer
  • Bathroom 2: Great Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bathroom
  • Stories: 3 Story
  • Room 6: Laundry Room
  • Room 7: 3 Season Porch
  • Room 8: Loft
  • Room 9: Bathroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 4340
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Highway, Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 250
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Log
  • Window Features:Insulated Windows: Energy Windows, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 3

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private, Drain Field, Mound
  • Water: Private, Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-07-22
  • Estimated Lot Dimensions: 250 X 600
  • Estimated Number of Acres: 3.7
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 24-5720-30110
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 5198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Aug 28, 2020
Sold by
Iversen Eric C and Iversen Pamela K
Bought by
Vanoverbeke Peter and Vanoverbeke Amanda
Seller's Agent
Jon Chapek
Odyssey Real Estate Group
Buyer's Agent
Lisa Janisch
Janisch Realty Inc.
List Price
$1,390,000
Sold Price
$1,390,000
Current Estimated Value
$1,604,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,219
Avg. Annual Appreciation
2.76%
Source: Public Records

Range of Values:

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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
Vanoverbeke Peter $1,390,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $1,390,000 0.0% $320 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/22/2019 07/22/19 For Sale $1,390,000 -- $320 / 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 $5,367 $1,128,000 $315,000 $813,000
2023 $5,930 $1,137,200 $315,000 $822,200
2022 $9,798 $1,137,200 $315,000 $822,200
2021 $8,798 $969,000 $315,000 $654,000
2020 $5,265 $976,600 $315,000 $661,600
2019 $5,198 $597,800 $315,000 $282,800
2018 $5,307 $597,800 $315,000 $282,800
2017 $5,155 $601,100 $315,100 $286,000
2016 $5,157 $604,300 $315,100 $289,200
2015 $5,251 $607,500 $315,100 $292,400
2014 $5,251 $0 $0 $0
2013 $4,593 $0 $0 $0
2012 $4,839 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6084947

APN: 24-5720-30110