Sold for $145,000

$145,000

53 Banks Blvd, Silver Bay, MN 55614

3beds

864sqft

Single Family Residence

Built in 1953

9,147 Square Feet Lot

$145,500 Zestimate^®

$168/sqft

$1,616 Estimated rent

Home value

$145,500

Estimated sales range

Not available

$1,616/mo

Zestimate^® history

Owner options

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$1,616/mo

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$1,616/mo

Rent Zestimate^®

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$894/mo

Est. payment

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$894/mo

Est. payment

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What's special

One-car garageDurable metal sidingGood-sized storage shedUpdated bathroomCozy dining nookVinyl windowsCorner lot

Enjoy easy, one-level living in this move-in ready 3-bedroom, 1-bath home. Featuring an updated bathroom, vinyl windows, and durable metal siding, this property offers both comfort and low-maintenance living. The cozy dining nook provides a welcoming space for everyday meals or casual gatherings. Situated on a corner lot, there’s plenty of room to relax outdoors, start a simple garden, or add your favorite flowers to personalize the space. Step into the backyard and unwind around the small fire pit—perfect for relaxing evenings or entertaining. Additional conveniences include a one-car garage and a good-sized storage shed, offering plenty of space for tools, toys, or seasonal items. Located close to all the essentials, including shopping, banks, the library, and area trails, plus easy access to Lake Superior for outdoor recreation, this home blends practical living with a great location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Rooms

Room types: Utility Room

Bedroom

Description: Carpet, large window
Level: Main
Area: 107.17 Square Feet
Dimensions: 10.6 x 10.11

Bedroom

Description: Carpet, natural light
Level: Main
Area: 106.16 Square Feet
Dimensions: 10.5 x 10.11

Bedroom

Description: Carpet, inviting space for rest
Level: Main
Area: 100.88 Square Feet
Dimensions: 9.7 x 10.4

Bathroom

Description: Updated floor, tub, vanity and tile.
Level: Main
Area: 46.62 Square Feet
Dimensions: 6.3 x 7.4

Dining room

Description: Combined with kitchen
Level: Main
Area: 43.89 Square Feet
Dimensions: 7.7 x 5.7

Kitchen

Description: Efficient and easy workflow
Level: Main
Area: 109.34 Square Feet
Dimensions: 7.7 x 14.2

Living room

Description: Laminate flooring, large windows, allows natural light.
Level: Main
Area: 176 Square Feet
Dimensions: 10 x 17.6

Heating

Forced Air

Cooling

None

Appliances

Included: Water Heater-Gas, Dishwasher, Dryer, Microwave, Range, Refrigerator
Laundry: Main Level, Dryer Hook-Ups

Features

Natural Woodwork
Windows: Aluminum Frames
Basement: N/A
Has fireplace: No

Interior area

Total interior livable area: 864 sqft
Finished area above ground: 864
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Asphalt, Detached
Garage spaces: 1

Accessibility

Accessibility features: No Stairs Internal

Features

Has view: Yes
View description: Lake Superior, Panoramic
Has water view: Yes
Water view: Lake Superior

Lot

Size: 9,147 Square Feet
Dimensions: 73 x 130
Features: Corner Lot, Tree Coverage - Light

Details

Additional structures: Storage Shed
Foundation area: 864
Parcel number: 27745006010

Construction

Type & style

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

Materials

Metal, Frame/Wood

Condition

Previously Owned
Year built: 1953

Utilities & green energy

Electric: Minnesota Power
Sewer: Public Sewer
Water: Public
Utilities for property: Fiber Optic, Satellite

Community & HOA

HOA

Has HOA: No

Location

Region: Silver Bay

Financial & listing details

Price per square foot: $168/sqft
Tax assessed value: $147,800
Annual tax amount: $2,052
Date on market: 5/27/2026
Cumulative days on market: 3 days
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
6/29/2026	Sold	$145,000$168/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6125582 Report a problem
5/30/2026	Pending sale	$145,000$168/sqft
Source: NorthstarMLS as distributed by MLS GRID #7081444 Report a problem
5/27/2026	Listed for sale	$145,000+607.3%$168/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6125582 Report a problem
2/16/2012	Sold	$20,500-31.6%$24/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #1028967 Report a problem
12/2/2011	Price change	$29,990-24.8%$35/sqft
Source: Get You Moved Realty #4072361 Report a problem
10/28/2011	Price change	$39,900-20%$46/sqft
Source: Get You Moved Realty #4072361 Report a problem
9/24/2011	Price change	$49,900-16.8%$58/sqft
Source: Get You Moved Realty #4072361 Report a problem
7/28/2011	Listed for sale	$60,000-27.1%$69/sqft
Source: isNowListed.com Report a problem
5/6/2010	Sold	$82,284+7.6%$95/sqft
Source: Public Record Report a problem
10/1/2008	Sold	$76,500$89/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,828 -0.8%	$147,800 +10.5%
2024	$1,842 +20.7%	$133,800 -6.4%
2023	$1,526 +6.1%	$142,900 +83%
2022	$1,438 +1.1%	$78,100
2021	$1,423 +12.5%	$78,100
2020	$1,265 +10.1%	$78,100 +49.3%
2018	$1,149 +9.4%	$52,300 -1.3%
2017	$1,050 +75%	$53,000 -0.9%
2016	$600 -10.1%	$53,500 +71.5%
2015	$667	$31,200
2014	$667 +2.4%	--
2013	$651 -5%	--
2012	$686	--
2011	--	--
2010	$133	--