4 months on rocket

10703 187th St, Silver Lake, MN, 55381

$1,385,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
4,000 SqFt
$346/SqFt
House

Location

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10703 187th St, Silver Lake$1,385,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Electric, Garage Door Opener
Attached Garage4 spaces
Year Built1996
HeatingRadiant Floor
CoolingCentral Air
WaterfrontDock, Lake Front, Lake
FireplaceBrick, Family Room, Gas, Primary Bedroom
ViewLake, Panoramic
MLS #6590441
StatusActive

About 10703 187th St

Discover tranquility and privacy at this charming countryside retreat on Silver Lake. Nestled on a 47 Acre lot, this 4 bedroom, 4 bathroom, one-level home offers a perfect blend of modern comfort and country living. The open-concept kitchen and living area are ideal for gatherings, featuring a large island, granite countertops, custom woodwork and large windows that flood the space with natural light. Enjoy panoramic views of the lake, mature trees, and abundant wildlife. Included is a large patio, pole shed, 30 tillable acres, and 3,100 feet of private lake shore, this property is perfect for outdoor enthusiasts. With easy access to highways 7 & 212, this property combines the benefits of rural seclusion with convenient accessibility. Don't miss the opportunity to make this your private oasis.

Property Details

Property Features

Property Information:

  • Year Built: 1996
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: RE/MAX Experience

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Basement: No
  • Fireplace: Brick, Family Room, Gas, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Dock, Lake Front, Lake
  • View: Lake, Panoramic

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Electric, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Farm, Many Trees

Utilities

Utilities Information:

  • Heating: Radiant Floor
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 212 West, turn right on CO RD 1, Left on MN 261/120th St., Right on Co Rd 2, LEft on Iris Rd/Co Rd 24, Right on 187th St, Home at the end.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,385,000
  • Price Per SqFt: $346/SqFt

Tax Information:

  • Annual Amount: $5,240
  • Tax Year: 2020
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Housing Market Comparison

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

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Silver Lake, MN

City

Med. Sold Price

$273K

Med. Price/SqFt

$139

Avg. Days On Market

57

# of Sold Homes

3

10703 187th St vs Silver Lake

121 DAYS ON ROCKET

+64 Days

$1,385,000

+$1.1M More

$346/SqFt

+$206 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $206/SqFt more than other homes in Silver Lake, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6590441

Listing Office:

  • Office Name: RE/MAX Experience

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Last updated on: 12/21/2024, 10:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,240$749,100
2019$5,196$726,500
2018$4,814 -

History based on county public records data.

Payment Calculator

$6,980

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,219

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-806792
6
/10

  • Lakeside Elementary

  • 229 Lake Ave N

  • 0.98 miles

  • Public District Grades 3-6

school-card-donut-806793
5
/10

  • Lester Prairie Elementary

  • 131 Hickory St N

  • 7.94 miles

  • Public District Grades KG-5

school-card-donut-806794
6
/10

  • Hutchinson Park Elementary

  • 100 Glen St SW

  • 8.15 miles

  • Public District Grades 2-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,333. Most Silver Lake, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 10703 187th St

What is the listing price of this property?

The listing price of 10703 187th St property is $1,385,000.

What type of property is this?

The property 10703 187th St is a house located in Silver Lake, Minnesota, 55381.

Is this property for sale now?

Active Listing: 10703 187th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,240 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 10703 187th St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 10703 187th St is 4,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 10703 187th St is 1996.

Rocket Homes›Minnesota›McLeod County›Silver Lake›55381›10703 187th St

This home is located at 10703 187th St in Silver Lake, MN and zip code 55381. This 4,000 square foot home was built in 1996. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $1,385,000.

In November 2024, from all listings sold in Silver Lake, MN there were more than 1 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of listings in Silver Lake, MN increased by 10% between October 2024 and November 2024. The median list price of listings available in November 2024 was $273,000, while the average time on the real estate market was 57 days.

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

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