4 months on rocket

28 James Rd, Silver Bay, MN, 55614

$109,999

Home List Price

$1,306*

Closing Credit

3 Bedrooms
1 Full Bath
1,538 SqFt
$72/SqFt
House

Location

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28 James Rd, Silver Bay$109,999

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

ParkingDetached
Garage3 spaces
Year Built1956
HeatingBaseboard, Steam, Fireplace(s), Wood, Natural Gas
CoolingNone, Ceiling Fan(s)
FireplaceWood Burning
ViewOther
MLS #6114999
Lot Size0.25 Acres
StatusActive
(ACTIVE)

About 28 James Rd

Charming Potential in Silver Bay, MN - 3 Bedroom Opportunity Discover the potential of this charming 2-bedroom, 1-bathroom home with a non-conforming third Bedroom on James Rd in Silver Bay, MN. With a newer roof and a 2-car detached garage featuring additional workspace, this property offers both practicality and room for expansion. Situated on a generous 0.25-acre lot in town, enjoy the convenience of local amenities and the serene beauty of northern Minnesota. Silver Bay is renowned for its outdoor recreation, with hiking and biking trails nearby, easy access to Lake Superior for fishing and boating enthusiasts, and a community spirit that embraces both nature and modern comforts. Inside, this home has a solid foundation but presents an excellent opportunity for updates to maximize its potential. The current layout includes two bedrooms and a non-conforming third room that simply needs a bit of work to become a true third bedroom or larger living space. The boiler heat system ensures efficient warmth during chilly winters, providing comfort and reliability. Imagine transforming the bonus room into a spacious master suite, a cozy guest bedroom, or a dedicated home office. With a little creativity and investment, this property can become your ideal home in Silver Bay. Don’t miss out on this chance to invest in a home that combines the tranquility of northern Minnesota living with the potential to create your dream space. Schedule your showing today and explore the possibilities that await you on James Rd. https://www.youtube.com/watch?v=caUryCN16yo Video about Silverbay

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1956
  • Stories: 1
  • Living Area: 1,538 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC- MN
  • Listing Agent: Adam Johnson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Walk-up Attic, Drywalls, Foyer Entry, Panelled Walls, Plaster Walls, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached

Virtual/3D Tour

  • Virtual Tour: 28 James Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Fireplace(s), Wood, Natural Gas
  • Cooling: None, Ceiling Fan(s)

Other

Directions Information:

  • Directions: HWY 61 to Silverbay, Turn on Outhere Dr, continue to Horn Blve to James Rd-

Price Information

Listing Price Info

Price Summary:

  • List Price: $109,999
  • Price Per SqFt: $72/SqFt

Tax Information:

  • Annual Amount: $67
  • Tax Year: 2021
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Housing Market Comparison

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

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Silver Bay, MN

City

Med. Sold Price

$161.9K

Med. Price/SqFt

$185

Avg. Days On Market

45

# of Sold Homes

4

28 James Rd vs Silver Bay

126 DAYS ON ROCKET

+81 Days

$109,999

-$51.9K Less

$72/SqFt

-$113 Less

KEY TAKEAWAY

This property is $51.9K less than the Median Sold Price and $113/SqFt less than other homes in Silver Bay, MN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #6114999

Listing Office:

  • Office Name: eXp Realty, LLC- MN
  • Listing Agent: Adam Johnson

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: 11/22/2024, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$67$112,500
2020$67$113,900
2018$1,019$78,100
2017$916$89,400

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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-544742
6
/10

  • William Kelley Elementary School

  • 137 Banks Blvd

  • 0.68 miles

  • Public District Grades PK-6

school-card-donut-544743
5
/10

  • Minnehaha Elementary School

  • 421 7th St

  • 25.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,895. The most common annual income of people living in Silver Bay, MN is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 28 James Rd

What is the listing price of this property?

The listing price of 28 James Rd property is $109,999.

What type of property is this?

The property 28 James Rd is a house located in Silver Bay, Minnesota, 55614.

Is this property for sale now?

Active Listing: 28 James Rd 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 $67 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 28 James Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 28 James Rd is 1,538 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 28 James Rd is 1956.

Rocket Homes›Minnesota›Lake County›Silver Bay›55614›28 James Rd

This home is located at 28 James Rd in Silver Bay, MN and zip code 55614. This 1,538 square foot home, which was built in 1956, sits on a 0.25 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $109,999.

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 listings in Silver Bay, MN increased by 3% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $161,950.

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

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