Sold for $70,000

$70,000

40 Nelson Dr, Silver Bay, MN 55614

0beds

0baths

--sqft

Single Family Residence

Built in 1980

0.3 Acres Lot

$-- Zestimate^®

$--/sqft

$1,939 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,939/mo

Zestimate^® history

Owner options

List your home for rent

$1,939/mo

Rent Zestimate^®

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$1,939/mo

Rent Zestimate^®

Refinance and save

$340/mo

Est. payment

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$340/mo

Est. payment

Explore your selling options

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What's special

Nice yardCorner lot

Plenty of potential in this Silver Bay home. Corner lot with a nice yard and all ready for your own construction and finishing work, it has been gutted. Let your own ideas, visions and sweat equity make this the home you will enjoy for years to come!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 0

Heating

None

Features

Has basement: No
Has fireplace: No

Interior area

Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Parking features: None

Lot

Size: 0.3 Acres
Dimensions: 85 x 154 x 89 x 155

Details

Foundation area: 1320
Parcel number: 22752030390, 22752030400

Construction

Type & style

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

Materials

Wood, Frame/Wood

Condition

Under Construction
New construction: Yes
Year built: 1980

Utilities & green energy

Electric: Minnesota Power
Sewer: Public Sewer, None
Water: Public, None

Community & HOA

HOA

Has HOA: No

Location

Region: Silver Bay

Financial & listing details

Tax assessed value: $121,400
Annual tax amount: $1,736
Date on market: 4/27/2025
Cumulative days on market: 138 days

Price history

Date	Event	Price
9/26/2025	Sold	$70,000-10.1%
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118913 Report a problem
9/12/2025	Pending sale	$77,900
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118913 Report a problem
7/17/2025	Price change	$77,900-2.5%
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118913 Report a problem
5/28/2025	Price change	$79,900-11.2%
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118913 Report a problem
4/27/2025	Listed for sale	$90,000
Source: Lake Superior Area Realtors as distributed by MLS GRID #6118913 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,736 +26%	$121,400 -4.5%
2024	$1,378 -4.7%	$127,100 +18.8%
2023	$1,446 +0.3%	$107,000 +42.9%
2022	$1,442 +5.6%	$74,900
2021	$1,365 -6.6%	$74,900
2020	$1,462 +11.8%	$74,900 +14.2%
2018	$1,307 +254.7%	$65,600 +8.8%
2017	$368 +4.4%	$60,300
2016	$353 -3.4%	$60,300 -0.2%
2015	$365	$60,400
2014	$365 +6.3%	--
2013	$344 -2.7%	--
2012	$353	--
2011	--	--
2010	$352	--