NOT LISTED FOR SALE

94 Banks Blvd Silver Bay, MN 55614

Estimated Value: $178,000 - $191,000

3 Beds
1.5 Baths
1,157 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $154,000 $133 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,097/month

59 Days on Market

Highlights

  • Post and Beam
  • Formal Dining Room
  • 2 Car Attached Garage
  • Bonus Room
  • Fenced Yard
  • Living Room

About This Home

As of December 2021

Large home, large lot, and amazing opportunity! 94 Banks Blvd is an equity gem in a tough market, just ready for your updates to shine! The main floor features three bedrooms, full bath, dining room, and large kitchen with more storage than you will know what to do with (which is rare in Silver Bay homes)! 3 zones of heat, new water heater in 2020, kitchen mixer "pop-up shelf" and other great custom touches. The partial basement has a 1/2 bath just needing to be walled in, laundry, and mechanics. The large attached garage features access to storage above the home, lofted storage, and currently 2 separate workshops (18 x 11.1 and 15.7 x 11.3) that you can leave as is, or knock down the walls to open up to your dream space The backyard is fenced and spacious with gate access to dodge for ease of parking campers and other toys! This home has been lovingly cared for and ready to host new memories!

Last Agent to Sell the Property

Katie Melander

Coldwell Banker Realty - Duluth Listed on: 09/03/2021

Last Buyer's Agent

Katie Melander

Coldwell Banker Realty - Duluth Listed on: 09/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1953

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70 x 145
  • Fenced Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Post and Beam
  • Ranch Style House
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,157 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Storage Shed

Utilities

  • Baseboard Heating
  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 22-7450-08060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,727

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Outer Drive to Banks to home.
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 133.1
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Amenities Exterior: Fenced Yard - Full
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Timber/Post & Beam
  • FinFootageAboveGrade: 1157
  • Garage Type: Attached
  • Heat: Baseboard, Boiler
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1953
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Bath, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 311
  • Basement Style: Partial
  • Bathroom Description: Full Main Floor
  • Formal Dining: Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bonus Room
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1157
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-09-03
  • Estimated Lot Dimensions: 70 x 145
  • Estimated Number of Acres: 0.23
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 22-7450-08060

Tax Info

  • Tax Amount: 1727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Dec 16, 2021
Sold by
Brown Cindy L and Brown William
Bought by
Daniel Jeffrey
Seller's Agent
Katie Melander
Coldwell Banker Realty - Duluth
Buyer's Agent
Katie Melander
Coldwell Banker Realty - Duluth
List Price
$154,000
Sold Price
$154,000
Current Estimated Value
$182,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,635
Avg. Annual Appreciation
4.65%
Original Mortgage
$146,300
Outstanding Balance
$134,834
Interest Rate
3.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$47,801
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
Daniel Jeffrey $154,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Jeffrey $146,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $154,000 0.0% $133 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $154,000 -- $133 / 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 $1,482 $183,300 $18,800 $164,500
2024 $535 $175,700 $18,800 $156,900
2023 $555 $186,900 $18,800 $168,100
2022 $1,743 $132,700 $17,900 $114,800
2021 $1,727 $93,700 $10,700 $83,000
2020 $1,615 $94,800 $10,700 $84,100
2019 $1,322 $66,500 $10,700 $55,800
2018 $1,459 $66,500 $10,700 $55,800
2017 $1,335 $67,300 $10,700 $56,600
2016 $1,190 $68,000 $10,700 $57,300
2015 $1,321 $61,900 $10,200 $51,700
2014 $1,321 $0 $0 $0
2013 $502 $0 $0 $0
2012 $543 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6099469

APN: 22-7450-08060