54 Banks Blvd, Silver Bay, MN, 55614

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54 Banks Blvd, Silver Bay$153,500

Buyer Closing Credits

$1,823^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

ParkingDetached

Garage1 space

Year Built1953

HeatingForced Air, Natural Gas

CoolingNone

MLS #6114436

Lot Size0.19 Acres

StatusActive
(ACTIVE)

About 54 Banks Blvd

Cute and practical with a view of Lake Superior ! 3 bedroom, 1 bath with some nice updates in the kitchen, living room, bathroom and bedrooms, make it your own and put in your finishing touches... UPDATE: New picture window, back room window and side storm door have been installed, new furnace is ordered and to be installed the week of Oct 21st.

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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: Messina & Associates Real Estate
• Listing Agent: Gigi Maxwell

Interior Features

Interior Information:

• Appliances: Dryer, Microwave, Range, Refrigerator, Washer
• Interior: Main Floor Laundry

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.19 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: From Outer Drive to right on Adams Blvd to left on Banks Blvd to property

Price Information

Listing Price Info

Price Summary:

• List Price: $153,500
• Price Per SqFt: $178/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

$250K

Med. Price/SqFt

$128

Avg. Days On Market

113

# of Sold Homes

5

54 Banks Blvd vs Silver Bay

165 DAYS ON ROCKET

+52 Days

$153,500

-$96.5K Less

$178/SqFt

+$50 More

KEY TAKEAWAY

This property is $96.5K less than the Median Sold Price and $50/SqFt more than other homes in Silver Bay, MN.

Based on homes sold in November 2024

MLS Details

MLS Information:

• MLS Number: #6114436

Listing Office:

• Office Name: Messina & Associates Real Estate
• Listing Agent: Gigi Maxwell

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: 12/3/2024, 12:20:52 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

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 June 21, 2024 and is currently priced at $153,500.

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. Between October 2024 and November 2024, Silver Bay, MN real estate market has seen decrease in the number of listings by 6.7%. While the average time on the market in November 2024 was 113 days, the median list price was $250,000.

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