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Pending
  • Price cut: $15K (5/20)
    $110,000

    26 Gibson Rd, Silver Bay, MN 55614

    2beds
    1,536sqft
    : 
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    Single Family
    Built in 1954
    7,666 Square Feet Lot
    $-- Zestimate®
    $72/sqft
    $-- HOA

    What's special

    Generous yardCozy kitchen
    Welcome to this charming 2-bedroom, 2-bathroom home located in the picturesque town of Silver Bay, Minnesota. Nestled among the scenic beauty of the North Shore, this property offers a unique opportunity for those looking to invest in a home that needs a little TLC.As you step inside, you’ll find a layout that features a spacious living area and a cozy kitchen. The two bedrooms provide ample space for relaxation, while the bathroom offers the essentials. With some renovation and personal touches, this home has the potential to become a delightful retreat or a cozy year-round residence.The property boasts a generous yard, perfect for outdoor activities and gatherings with family and friends. Enjoy the peaceful surroundings and the fresh air that Silver Bay is known for, with easy access to stunning hiking trails, beautiful lakes, and the wonders of nature.While this home needs some work, it’s a blank canvas waiting for your creative vision. Whether you’re an experienced renovator or looking to dip your toes into property improvement, this is an excellent opportunity to create your dream home in a desirable location.Don’t miss your chance to own this wonderful property in Silver Bay—schedule a viewing today and envision the possibilities!
    46 days
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    744
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    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Mitchell 612-296-5483,

    Mitchell Realty LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7066615MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Bedroom 2
      • Level: Main
      • Area: 121 Square Feet
      • Dimensions: 11x11
      Kitchen
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 14x11
      Living room
      • Level: Main
      • Area: 204 Square Feet
      • Dimensions: 17x12
      Living room
      • Level: Lower
      • Area: 372 Square Feet
      • Dimensions: 31x12
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Range
      • Laundry: Lower Level
      Features
      • Basement: Full
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,536
      • Total interior livable area: 1,536 sqft
      • Finished area above ground: 768
      • Finished area below ground: 375

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage
      • Garage spaces: 1
      Accessibility
      • Accessibility features: Other
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 7,666 Square Feet
      • Dimensions: 115   x 71
      Details
      • Foundation area: 768
      • Parcel number: 22746013110
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Block, Frame
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1954

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Silver Bay

      Financial & listing details

      • Price per square foot: $72/sqft
      • Tax assessed value: $152,200
      • Annual tax amount: $1,018
      • Date on market: 5/3/2026
      • Cumulative days on market: 44 days
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,978/mo

        Price history

        DateEventPrice
        6/12/2026Pending sale$110,000$72/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7066615 Report a problem
        5/20/2026Price change$110,000-12%$72/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7066615 Report a problem
        5/3/2026Listed for sale$125,000+76.1%$81/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7066615 Report a problem
        11/19/2024Sold$71,000$46/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,042 -16.1%$152,200 +35.1%
        2024$1,242 +11.5%$112,699 -5.9%
        2023$1,114 +119.1%$119,720 +187.1%
        2022$508 +8.5%$41,700
        2021$469 -35.5%$41,700
        2020$727 +84.7%$41,700 -21%
        2018$393 +17.9%$52,800 -0.2%
        2017$334 +1.9%$52,900 -0.9%
        2016$328 -20.6%$53,400 -1.3%
        2015$412 $54,100
        2014$412 +6.1%--
        2013$389 -20.5%--
        2012$489 --
        2011-- --
        2010$445 --

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 55614

          Getting around

          33 / 100
          Car-Dependent
          29 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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