86 Banks Blvd Silver Bay, MN 55614
Estimated payment $942/month
Highlights
- Popular Property
- Stainless Steel Appliances
- 1-Story Property
- No HOA
- Living Room
- Forced Air Heating System
About This Home
Nestled in Silver Bay, this charming single-family home offers an ideal combination of comfort and convenience. Just a short distance from a variety of North Shore activities, this property is a dream for outdoor enthusiasts, with easy access to the Superior Hiking Trail, bike trails, and ATV and snowmobile routes.
This tastefully updated residence features three bedrooms and a modern bathroom, making it perfect for both a permanent home or a cozy retreat. The heart of the home is the open-concept kitchen, dining, and living area, which fosters an inviting atmosphere that is ideal for family and friends. The living room is filled with natural light, creating a cheerful space for relaxation and conversation.
The kitchen is a chef's delight, equipped with stainless steel appliances and newer cabinetry that balance style and functionality. The Pergo flooring throughout enhances the home’s aesthetic appeal while ensuring easy maintenance.
The updated bathroom boasts contemporary finishes, adding a touch of luxury to your daily routine. A convenient utility room off the kitchen houses an on-demand water heater, laundry and provides additional space for pantry items, ensuring everything you need is easily accessible.
Step outside to enjoy the serene privacy of the fully fenced backyard, where you can unwind on the deck, savor your morning coffee, or immerse yourself in a good book. For chilly evenings, the wood-burning sauna offers a perfect escape, allowing you to relax and rejuvenate. The exterior of the home is designed for hassle-free living, featuring durable metal siding and roof that requires minimal upkeep, as well as newer vinyl windows.
With essential amenities such as the library, banks, and shops all within walking distance, this property not only provides a tranquil living environment but also the convenience of urban living.
Don’t miss the opportunity to make this meticulously maintained and updated home your own.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $760
Year Built
- Built in 1953
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 75x142
- Chain Link Fence
Parking
- 1 Car Garage
Home Design
- Metal Roof
Interior Spaces
- 864 Sq Ft Home
- 1-Story Property
- Electric Fireplace
- Living Room
- Utility Room
Kitchen
- Range
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Silver Bay 2Nd Div Subdivision
Listing and Financial Details
- Assessor Parcel Number 22745008020
Map
Home Values in the Area
Average Home Value in this Area
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 | $760 | $153,100 | $19,000 | $134,100 |
| 2024 | $435 | $152,300 | $19,000 | $133,300 |
| 2023 | $313 | $162,800 | $19,000 | $143,800 |
| 2022 | $775 | $124,900 | $18,100 | $106,800 |
| 2021 | $771 | $86,700 | $11,400 | $75,300 |
| 2020 | $634 | $34,500 | $12,100 | $22,400 |
| 2019 | $1,260 | $48,700 | $12,100 | $36,600 |
| 2018 | $2,131 | $63,400 | $11,400 | $52,000 |
| 2017 | $1,266 | $64,000 | $11,400 | $52,600 |
| 2016 | $840 | $64,500 | $11,400 | $53,100 |
| 2015 | $265 | $43,700 | $10,900 | $32,800 |
| 2014 | $265 | $0 | $0 | $0 |
| 2013 | $237 | $0 | $0 | $0 |
| 2012 | $263 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $165,000 | +15.8% | $191 / Sq Ft |
| 11/13/2023 11/13/23 | Sold | $142,500 | -4.9% | $165 / Sq Ft |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- |
| 10/11/2023 10/11/23 | For Sale | $149,900 | +20.0% | $173 / Sq Ft |
| 10/09/2020 10/09/20 | Sold | $124,900 | 0.0% | $145 / Sq Ft |
| 09/04/2020 09/04/20 | Pending | -- | -- | -- |
| 07/07/2020 07/07/20 | For Sale | $124,900 | -- | $145 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $142,500 | -- | |
| Warranty Deed | $124,900 | None Available | |
| Warranty Deed | $56,000 | -- | |
| Deed | $80,000 | -- | |
| Warranty Deed | $55,000 | Nations Title Of Louisiana |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $129,396 | VA | |
| Previous Owner | $129,396 | VA | |
| Previous Owner | $80,000 | No Value Available | |
| Previous Owner | $61,200 | New Conventional | |
| Previous Owner | $58,500 | Adjustable Rate Mortgage/ARM |
Source: NorthstarMLS
MLS Number: 6784955
APN: 22-7450-08020
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.