Sold for $162,500

$162,500

18 Gibson Rd, Silver Bay, MN 55614

3beds

1,072sqft

Single Family Residence

Built in 1975

9,583 Square Feet Lot

$167,700 Zestimate^®

$152/sqft

$1,919 Estimated rent

Home value

$167,700

Estimated sales range

Not available

$1,919/mo

Zestimate^® history

Owner options

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$1,919/mo

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$1,919/mo

Rent Zestimate^®

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$789/mo

Est. payment

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$789/mo

Est. payment

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What's special

Fire ringBrand new deckGreen houseHigh ceilingsBig windowsCold storageGlass block windows

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bedrooms: 1

Bedroom

Level: Main
Area: 126.54 Square Feet
Dimensions: 11.1 x 11.4

Bedroom

Level: Main
Area: 111.55 Square Feet
Dimensions: 9.7 x 11.5

Bedroom

Level: Main
Area: 110.58 Square Feet
Dimensions: 9.7 x 11.4

Bathroom

Level: Lower
Area: 36.26 Square Feet
Dimensions: 4.9 x 7.4

Bathroom

Level: Main
Area: 42.4 Square Feet
Dimensions: 5.3 x 8

Dining room

Level: Main
Area: 131.1 Square Feet
Dimensions: 11.5 x 11.4

Kitchen

Level: Main
Area: 101.6 Square Feet
Dimensions: 8 x 12.7

Laundry

Level: Lower
Area: 83.33 Square Feet
Dimensions: 7.5 x 11.11

Living room

Level: Main
Area: 198.88 Square Feet
Dimensions: 11.3 x 17.6

Other

Level: Lower
Area: 336.6 Square Feet
Dimensions: 15.3 x 22

Other

Description: Wood stove in place, create your perfect hang out space!
Level: Lower
Area: 205.35 Square Feet
Dimensions: 11.1 x 18.5

Workshop

Level: Lower
Area: 122.21 Square Feet
Dimensions: 10.1 x 12.1

Heating

Boiler

Appliances

Included: Water Heater-Gas, Dryer, Range, Refrigerator, Washer

Features

Ceiling Fan(s)
Basement: Full,Unfinished,Bath,Washer Hook-Ups,Dryer Hook-Ups
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total interior livable area: 1,072 sqft
Finished area above ground: 1,032
Finished area below ground: 40

Property

Parking

Total spaces: 1
Parking features: On Street, RV Parking, Asphalt, Attached, Electrical Service
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Patio & porch: Deck

Lot

Size: 9,583 Square Feet

Details

Additional structures: Greenhouse, Storage Shed
Foundation area: 1484
Parcel number: 22746017120

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Composition, Frame/Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1975

Utilities & green energy

Electric: Minnesota Power
Sewer: Public Sewer
Water: Public
Utilities for property: Cable, DSL, Satellite

Community & HOA

HOA

Has HOA: No

Location

Region: Silver Bay

Financial & listing details

Price per square foot: $152/sqft
Tax assessed value: $191,200
Annual tax amount: $1,756
Date on market: 9/6/2024
Cumulative days on market: 185 days

Price history

Date	Event	Price
4/7/2025	Sold	$162,500-5.2%$152/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115940 Report a problem
3/11/2025	Pending sale	$171,500$160/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115940 Report a problem
12/20/2024	Price change	$171,500-2%$160/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115940 Report a problem
10/3/2024	Price change	$175,000-2.8%$163/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115940 Report a problem
9/6/2024	Listed for sale	$180,000+125%$168/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6115940 Report a problem
6/18/2020	Sold	$80,000-12.6%$75/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6086911 Report a problem
5/13/2020	Pending sale	$91,500$85/sqft
Source: CENTURY 21 Atwood & Gilderman #6086911 Report a problem
1/7/2020	Price change	$91,500-8%$85/sqft
Source: CENTURY 21 Atwood & Gilderman #6086911 Report a problem
10/13/2019	Listed for sale	$99,500$93/sqft
Source: CENTURY 21 Atwood & Gilderman Silver Bay #6086911 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,596 -9.1%	$161,858 +5.5%
2024	$1,756 +9.6%	$153,356 -4.1%
2023	$1,602 +72.1%	$159,832 +74.7%
2022	$931 +9.7%	$91,500
2021	$849 -13.5%	$91,500
2020	$981 +54.5%	$91,500 +30.5%
2018	$635 +14%	$70,100 -1.1%
2017	$557 +10078.1%	$70,900 -1.1%
2016	$5 -99.2%	$71,700 -1.2%
2015	$690	$72,600
2014	$690 -12.3%	--
2013	$787 +14.3%	--
2012	$689	--
2011	--	--
2010	$608	--