54 Banks Blvd, Silver Bay, MN, 55614

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54 Banks Blvd, Silver Bay$175,000

Buyer Closing Credits

$2,078^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingDetached

Garage1 space

Year Built1953

HeatingForced Air, Natural Gas

MLS #6112924

Lot Size0.19 Acres

StatusActive
(ACTIVE)

About 54 Banks Blvd

Located just moments away from the enchanting shores of Lake Superior, this property offers a tantalizing glimpse of the lake's beauty. This 3 bedroom home is move in ready with it's many recent updates! The kitchen has been redone with new cabinets, counters, and backsplash. The living room is spacious with large windows to let in the natural light. New flooring through out, newer paint, and an updated bathroom make this house shine. The back yard offers a great space for a BBQ's and yard games. Close by are snowmobile and hiking trails for the outdoor enthusiasts.

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch/Rambler
• Year Built: 1953
• Stories: 1
• Living Area: 864 SqFt

Listing Office:

• Office Name: Coldwell Banker North Shore
• Listing Agent: Kali Blomberg

Interior Features

Interior Information:

• Interior: Ceiling Fans, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Parking Information:

• Garage Space: 1 space
• Attached Garage: No
• Parking: Detached

Virtual/3D Tour

• 3D Tour: 54 Banks Blvd

3D Tour

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.19 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Natural Gas

School Info

Assigned Schools Information:

• Kelley Secondary School, Public District Grades 7-12
• William Kelley Elementary School, Public District Grades PK-6

Other

Directions Information:

• Directions: From Hwy 61 turn onto Otter Drive, take a right on Adams Dr., left on Banks Blvd to fire number 54 (right side).

Price Information

Listing Price Info

Price Summary:

• List Price: $175,000
• Price Per SqFt: $203/SqFt

Tax Information:

• Annual Amount: $315
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Silver Bay, MN.

Silver Bay, MN

City

Med. Sold Price

$148K

Med. Price/SqFt

$110

Avg. Days On Market

11

# of Sold Homes

1

54 Banks Blvd vs Silver Bay

28 DAYS ON ROCKET

+17 Days

$175,000

+$27K More

$203/SqFt

+$93 More

KEY TAKEAWAY

This property is $27K more than the Median Sold Price and $93/SqFt more than other homes in Silver Bay, MN.

Based on homes sold in April 2024

MLS Details

MLS Information:

• MLS Number: #6112924

Listing Office:

• Office Name: Coldwell Banker North Shore
• Listing Agent: Kali Blomberg

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jul 19, 2021	Jul 19, 2021Home Sold	$115,000
Mar 31, 2008	Mar 31, 2008Home Sold	$60,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$315	$61,600
2020	$315	$53,100
2018	$1,123	$51,100
2017	$1,026	$51,800

History based on county public records data.

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**Disclosures

Rocket Homes›Minnesota›Lake County›Silver Bay›55614›54 Banks Blvd

This home is located at 54 Banks Blvd in Silver Bay, MN and zip code 55614. This 864 square foot home, which was built in 1953, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $175,000.

While more than 0 listings in Silver Bay, MN in April 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. In April 2024 in Silver Bay, MN there were 23.1% more homes for sale than in March 2024. While the average time on the market in April 2024 was 11 days, the median list price was $148,000.

From Rocket Homes Real Estate and based on county public records data.