$144,000

54 Banks Blvd Silver Bay, MN 55614

$1,710
Closing credit¹
3 beds
1 full
864 sqft
0.2 acres
$167 / sqft
House

Property details

About 54 Banks Blvd

Efficient 3 bedroom home with views of Lake Superior! One level living makes this a convenient home with sunlight pouring in, several updates, including kitchen cabinets, countertops and sink, new front picture window in summer of 2024, new furnace in November 2024, detached 1 car garage, nice yard to sit out in and enjoy the views....move right in and enjoy!

Highlights

HeatingForced Air, Natural Gas
StatusActive
(ACTIVE)
Size864 sqft
Lot size0.19 Acres
Year built1953
ParkingDetached
MLS #6118397
Garage1 space
ViewLake

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Interior: Main Floor Laundry
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached
  • View: Lake
  • Architectural Style: Ranch/Rambler
  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • List Price: $144,000
  • Price/SqFt: $166
  • Annual Tax Amount: $1,022
  • Tax Year: 2024
  • Lot: Level
  • Directions: From Outer Drive to right on Adams Blvd to left on Banks Blvd to property
  • Year Built: 1953
  • Stories: 1
  • Living Area: 864 SqFt
  • Lot Size: 0.19 Acres
  • MLS Number: 6118397
  • Office Name: Legacy Real Estate Group LLC
  • Listing Agent: Gigi Maxwell

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2025 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 11:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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54 Banks Blvd, Silver Bay, MN 55614 - ranch-style house with driveway, a front yard, a chimney, an outdoor structure, and a detached garage

$144,000

54 Banks Blvd

$1,710

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 19, 2021
Home Sold
$115,000
Mar 31, 2008
Home Sold
$60,000

Tax history

YearAssessmentProperty Tax
2024$121,400$1,022
2023$128,300$-
2022$100,200$-
2021$61,600$314
2020$53,100$314
2018$51,100$1,122
2017$51,800$1,026

History based on county public records data.

Nearby schools

6

William Kelley Elementary School

Public District PK-6

0.6 mi

137 Banks Blvd

5

Minnehaha Elementary School

Public District PK-5

26.9 mi

421 7th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,839. The majority of Silver Bay, MN residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

52%
<35k
40%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
6%
Single, with Kids
30%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
33%
35-64 yrs old
38%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Pro WrestlingPro Wrestling
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • DodgeDodge
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 54 Banks Blvd

The listing price of 54 Banks Blvd property is $144,000.

The property 54 Banks Blvd is a house located in Silver Bay, Minnesota, 55614.

Active Listing: 54 Banks Blvd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 54 Banks Blvd are: William Kelley Elementary School (GreatSchools Rating 6/10), Minnehaha Elementary School (GreatSchools Rating 5/10), William M. Kelley Secondary School (GreatSchools Rating 5/10), Two Harbors Secondary School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $1,022 (source: MLS/based on county public records data).

The last sale was on July 19, 2021 for $115,000 (source: MLS/tax record).

The property at 54 Banks Blvd has 3 bedrooms and 1 bathroom.

The property 54 Banks Blvd is 864 SqFt (source: MLS/tax record).

The year of construction for 54 Banks Blvd is 1953.

This home is located at 54 Banks Blvd in Silver Bay, MN and zip code 55614. This 864 square foot home, which was built in 1953, sits on a 0.19 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $144,000.

Over 0 listings were sold over their listed price in April 2025 in Silver Bay, MN. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Silver Bay, MN between March and April 2025 increased by 15.8%. In April 2025, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $153,750.

From Rocket Homes Real Estate and based on county public records data.

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