Sold for $148,000

$148,000

42 Law Dr, Silver Bay, MN 55614

3beds

1,248sqft

Single Family Residence

Built in 1962

10,454 Square Feet Lot

$180,000 Zestimate^®

$119/sqft

$2,026 Estimated rent

Home value

$180,000

$162,000 - $198,000

$2,026/mo

Zestimate^® history

Owner options

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$2,026/mo

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$2,026/mo

Rent Zestimate^®

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$718/mo

Est. payment

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$718/mo

Est. payment

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What's special

What a wonderful opportunity to own a little piece of country in the city! This is a solid home that with a little TLC could easily be turned in to your dream home. The showcase of this home is the spacious combined living/dining room featuring a wood fireplace and gorgeous views of your private backyard. Each bedroom is spacious and the main floor offers both a full bath and a 1/2 bath for that extra room to get ready. The basement is a blank space with a framed in room and open area that is just waiting for finishing touches and added square footage. Property is being sold "As Is"

Facts & features

Interior

Bedrooms & bathrooms

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

Bedroom

Level: Main
Area: 104.76 Square Feet
Dimensions: 9.7 x 10.8

Bedroom

Level: Main
Area: 126.1 Square Feet
Dimensions: 9.7 x 13

Bedroom

Level: Main
Area: 108 Square Feet
Dimensions: 9 x 12

Bedroom

Description: Non Legal room that has been framed in the basement
Level: Basement
Area: 145.6 Square Feet
Dimensions: 9.1 x 16

Dining room

Description: Combined with Living Room. Sliding Door leads to back yard
Level: Main
Area: 120 Square Feet
Dimensions: 10 x 12

Kitchen

Description: +7X8 Lots of Cabinets and counter Space
Level: Main
Area: 102 Square Feet
Dimensions: 10 x 10.2

Living room

Description: Features a Wood Firpelace and large picture window overlooking your back yard
Level: Main
Area: 204 Square Feet
Dimensions: 12 x 17

Heating

Boiler, Fireplace(s), Natural Gas

Cooling

None

Features

Windows: Wood Frames
Basement: Full,Unfinished
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total interior livable area: 1,248 sqft
Finished area above ground: 1,248
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Attached
Attached garage spaces: 1

Lot

Size: 10,454 Square Feet
Dimensions: 85 x 125
Features: Some Trees, Level
Residential vegetation: Partially Wooded

Details

Additional structures: Storage Shed
Foundation area: 1248
Parcel number: 22751028150
Zoning description: Residential

Construction

Type & style

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

Materials

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

Condition

Previously Owned
Year built: 1962

Utilities & green energy

Electric: Minnesota Power
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Silver Bay

Financial & listing details

Price per square foot: $119/sqft
Tax assessed value: $174,100
Annual tax amount: $1,568
Date on market: 6/28/2024
Cumulative days on market: 30 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
9/6/2024	Sold	$148,000-6.3%$119/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114584 Report a problem
7/27/2024	Pending sale	$158,000$127/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114584 Report a problem
7/26/2024	Contingent	$158,000$127/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114584 Report a problem
6/28/2024	Listed for sale	$158,000+13.7%$127/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114584 Report a problem
1/23/2017	Listing removed	$139,000$111/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #6022497 Report a problem
5/18/2016	Listed for sale	$139,000+4.9%$111/sqft
Source: Edina Realty Inc - Duluth #6022497 Report a problem
10/15/2009	Sold	$132,500+10.4%$106/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #149802 Report a problem
8/28/2006	Sold	$120,000+7.1%$96/sqft
Source: Public Record Report a problem
4/17/2006	Sold	$112,000$90/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,330 -15.2%	$143,219 +7%
2024	$1,568 -8.1%	$133,845 -7.8%
2023	$1,706 +1.9%	$145,226 +67.9%
2022	$1,674 +30.4%	$86,475
2021	$1,284 -12.4%	$86,475
2020	$1,466 -8%	$86,475 -23.3%
2018	$1,594 +10.8%	$112,700 -1%
2017	$1,438 +57.6%	$113,800 -1%
2016	$912 -0.4%	$114,900 +25.4%
2015	$916	$91,600
2014	$916 -0.1%	--
2013	$917 -5.1%	--
2012	$966	--
2011	--	--
2010	$947	--