2 months on rocket

20 Law Dr, Silver Bay, MN, 55616

$199,900

Home List Price

$2,374*

Closing Credit

3 Bedrooms
1 Full Bath
1,728 SqFt
$116/SqFt
House

Location

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20 Law Dr, Silver Bay$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

ParkingDetached
Garage2 spaces
Year Built1960
HeatingForced Air, Natural Gas
CoolingNone
MLS #6115804
Lot Size0.24 Acres
StatusActive
(ACTIVE)

About 20 Law Dr

This Cozy 3 bedroom, 2 bath house, with 2 stall heated and insulated garage is ready for you to make it your home! The unfinished basement could be turned into more living space in the future, adding equity to your real estate investment. This property is just a short drive away from many highlights along the north shore, including Gooseberry, Split Rock Lighthouse, and access to biking, off road trails and the Superior Hiking Trail. Call today to set up a showing. You have found your Place!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1960
  • Stories: 1
  • Living Area: 1,728 SqFt

Listing Office:

  • Office Name: My Place Realty, Inc.
  • Listing Agent: Darcie Rae Novak

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: From in town of Silver Bay head SW on Outer Dr, in 0.6 miles continue onto Penn Blvd, in 0.4 miles turn left onto Edison Blvd, in 450 ft turb onto Law drive, in 300 ft home in on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $781
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$161.9K

Med. Price/SqFt

$185

Avg. Days On Market

45

# of Sold Homes

4

20 Law Dr vs Silver Bay

85 DAYS ON ROCKET

+40 Days

$199,900

+$37.9K More

$116/SqFt

-$69 Less

KEY TAKEAWAY

This property is $37.9K more than the Median Sold Price and $69/SqFt less than other homes in Silver Bay, MN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #6115804

Listing Office:

  • Office Name: My Place Realty, Inc.
  • Listing Agent: Darcie Rae Novak

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: 11/23/2024, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 20, 2020Home Sold
$134,900

Tax History

YEARPROP. TAXASSESSMENT
2021$781$132,400
2020$781$50,900
2018$898$83,400
2017$807$84,300

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-805337
6
/10
  • William Kelley Elementary School

  • 137 Banks Blvd

  • 0.50 miles

  • Public District Grades PK-6

school-card-donut-805338
5
/10
  • Minnehaha Elementary School

  • 421 7th St

  • 25.85 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,625. Most Silver Bay, MN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20 Law Dr

What is the listing price of this property?

The listing price of 20 Law Dr property is $199,900.

What type of property is this?

The property 20 Law Dr is a house located in Silver Bay, Minnesota, 55616.

Is this property for sale now?

Active Listing: 20 Law Dr 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 2021 is $781 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 20, 2020 for $134,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 20 Law Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 20 Law Dr is 1,728 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20 Law Dr is 1960.

Rocket Homes›Minnesota›Lake County›Silver Bay›55616›20 Law Dr

This home is located at 20 Law Dr in Silver Bay, MN and zip code 55616. This 1,728 square foot home, which was built in 1960, sits on a 0.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $199,900.

While more than 0 listings in Silver Bay, MN in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Silver Bay, MN increased by 3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $161,950, while the average time on the real estate market was 45 days.

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

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