18 Gibson Rd, Silver Bay, MN, 55614

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18 Gibson Rd, Silver Bay$171,500

Buyer Closing Credits

$2,037^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingAttached

Attached Garage1 space

Year Built1975

HeatingSteam

CoolingCeiling Fan(s)

FireplaceWood Burning

MLS #6115940

Lot Size0.22 Acres

StatusActive
(ACTIVE)

About 18 Gibson Rd

Welcome to 18 Gibson Rd in Silver Bay! This great home has updates such as flooring, paint, and bathrooms; while also leaving room for you to make this home perfectly yours! All three bedrooms have large closets, big windows, and fresh paint. Downstairs has a workshop, cold storage, new 3/4 bath, and space to make whatever spaces you need with high ceilings and glass block windows to let the light in! Your outdoor space with garden space, green house, fire ring, small storage shed, and brand new deck will be a space you'll enjoy for years to come! Room in the driveway to park an RV or toys; this home is ready to host your next adventure!

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch/Rambler
• Year Built: 1975
• Stories: 1
• Living Area: 1,072 SqFt

Listing Office:

• Office Name: Coldwell Banker Realty - Duluth
• Listing Agent: Katie Melander

Interior Features

Interior Information:

• Appliances: Dryer, Range, Refrigerator, Washer
• Interior: Ceiling Fans, Garage Door Opener
• Fireplace: Wood Burning

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Deck

Parking Information:

• Garage Space: 1 space
• Attached Garage: Yes
• Parking: Attached

Lot Features

Lot Information:

• Lot Size: 0.22 Acres

Utilities

Utilities Information:

• Heating: Steam
• Cooling: Ceiling Fan(s)

Other

Directions Information:

• Directions: Outer Drive to to Horn Blvd, right on Gibson, property will be on you left.

Price Information

Listing Price Info

Price Summary:

• List Price: $171,500
• Price Per SqFt: $160/SqFt

Tax Information:

• Annual Amount: $549
• 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

$250K

Med. Price/SqFt

$128

Avg. Days On Market

113

# of Sold Homes

5

18 Gibson Rd vs Silver Bay

106 DAYS ON ROCKET

-7 Days

$171,500

-$78.5K Less

$160/SqFt

+$32 More

KEY TAKEAWAY

This property is $78.5K less than the Median Sold Price and $32/SqFt more than other homes in Silver Bay, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #6115940

Listing Office:

• Office Name: Coldwell Banker Realty - Duluth
• Listing Agent: Katie Melander

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: 12/21/2024, 10:20:53 PM 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

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$549	$94,400
2020	$549	$91,500
2018	$63	$70,100
2017	$557	$70,900

History based on county public records data.

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**Disclosures

Rocket Homes›Minnesota›Lake County›Silver Bay›55614›18 Gibson Rd

This home is located at 18 Gibson Rd in Silver Bay, MN and zip code 55614. This 1,072 square foot home, which was built in 1975, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $171,500.

While more than 0 listings in Silver Bay, MN in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The inventory of homes for sale in Silver Bay, MN between October 2024 and November 2024 decreased by 6.7%. Listings spent 113 days on the market in November 2024, and had a median list price of $250,000 during the same period.

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