NOT LISTED FOR SALE

68 Edison Blvd Silver Bay, MN 55614

Estimated Value: $173,000 - $185,000

3 Beds
1.5 Baths
1,920 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $100,000 $52 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,072/month

47 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Patio
  • Recreation Room
  • 1 Car Detached Garage
  • Living Room

About This Home

As of March 2020

This home is as good as new without the price tag, complete remodel (see attached doc's for list of improvements) from the roof down!! If you are looking for a home in Silver Bay and want something that is ready to move in, this home is a must see. All work has been done by a local carpenter with an eye for details and a good sense for design, please feel free to contact your preferred real estate agent and schedule your showing today!

Last Agent to Sell the Property

Lavonne Christensen

Odyssey Real Estate Group Listed on: 01/14/2020

Last Buyer's Agent

Lavonne Christensen

Odyssey Real Estate Group Listed on: 01/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,499

Year Built

  • Built in 1956

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 80x126 87.8x130
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 22-7460-20120

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,499

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Silver Bay, follow Outer Drive to right on Horn BLVD., right on Edison.
  • L O1 Office Phone1 Number: 218-834-2495
  • List Price/ Sq Ft: 52.08
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Amenities Exterior: Deck, Fenced Yard - Full, Patio
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block, Frame/Wood
  • FinFootageAboveGrade: 1104
  • Below Grade Finished Sq Ft: 816
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1956
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Basement
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 816
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Rec Room
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1920
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl, Asphalt

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Patio

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-01-15
  • Estimated Lot Dimensions: 80x126 87.8x130
  • Estimated Number of Acres: 0.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 22-7460-20120

Rental Info

  • Lease Terms: Cash, Conventional, FHA

Tax Info

  • Tax Amount: 1498.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 31, 2020
Sold by
Christensen Erin N and Christensen Kevin J
Bought by
Light Jason D and Light Amy J
Seller's Agent
Lavonne Christensen
Odyssey Real Estate Group
Buyer's Agent
Lavonne Christensen
Odyssey Real Estate Group
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$179,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,213
Avg. Annual Appreciation
11.77%
Original Mortgage
$98,188
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2005
Sold by
Tormondsen Lisa E and Tormomdsen Lisa K
Bought by
Christensen Erin N and Christensen Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.25%
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
Light Jason D $100,000 None Available
Christensen Erin N $60,000 Consolidated Title & Abstrac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Light Jason D $100,000
Closed Light Jason D $98,188
Previous Owner Christensen Kevin J $18,000
Previous Owner Christensen Erin N $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $100,000 0.0% $52 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $100,000 -- $52 / 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 $1,166 $160,800 $19,300 $141,500
2024 $395 $154,400 $19,300 $135,100
2023 $368 $153,100 $19,300 $133,800
2022 $1,075 $136,900 $18,400 $118,500
2021 $963 $101,600 $10,900 $90,700
2020 $1,682 $36,000 $10,900 $25,100
2019 $1,499 $75,400 $10,900 $64,500
2018 $1,650 $75,400 $10,900 $64,500
2017 $1,494 $76,100 $10,900 $65,200
2016 $1,478 $76,100 $10,900 $65,200
2015 $1,659 $76,900 $10,900 $66,000
2014 $1,659 $0 $0 $0
2013 $884 $0 $0 $0
2012 $822 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6087938

APN: 22-7460-20120