5518 Lax Lake Road























- Listed by: Gigi Maxwell 218.220.8729 gmaxwell@mzr.com • BayView Realty, LLC
Recent comparable sales
Median sold price
$127,000
Avg days on market
91
Sale-to-list ratio
85.7%
Silver Bay, MN
9 comparable properties found
Location
Sold By BayView Realty, LLC
$659 per month
30 year fixed, 7.03% Interest
$587
$72
$0
Property Information for 5518 Lax Lake Road
Property Details
- Taxes: $861 / year
- MLS Type: Residential / Single Family Detached
- County: Lake County
- Architectural Style: Ranch
- View: Typical
- Waterfront YN: No
Building Information
- Stories: 1
- Year Built: 1966
- Lot Size: 10.00 AC / 435,600 SF
Summary
- Directions: From Hwy 61 in Beaver Bay turn left onto Lax Lake Rd, go 3.2 miles turn left at the stop sign to stay on Lax Lake Rd, 2 miles then turn right to stay on Lax Lake Rd, approximately 1.5 miles to property at right.
- Latitude: 47
- Longitude: -91
- Range: 8
- MLSArea Major: LSAR
- Road Frontage Type: County Road, Paved Road
- Road Responsibility: Public Maintained Road
- Garage Spaces: 2.0
- Garage Type: Detached
- Parking Features: Gravel
- High School District: Lake Superior #381
- Twp Number: 56
- Parcel Number: 26-5608-14610
- Tax Annual Amount: $861.38
- Tax Legal Description: 10 ACRES OUT OF THE SW1/4 OF THE SW1/4: EXCEPT THE NORTHERLY 495 FT THEREOF. S14 T56 R8.
- Tax Year: 2016
Property
- Above Grade Finished Area: 1144.0
- Below Grade Finished Area: 350.0
- Living Area: 1494.0
- Lot Features: Many Trees
- Lot Size Acres: 10.0
- Lot Size Dimensions: TBD
- Basement Square Feet: ***
- Construction Type: Frame/Wood
- Foundation Dimensions: 44' x 26'
- Other Structures: Chicken Coop/Barn
- Development Status: Previously Owned
- Land Access: ***
- Possession: Immediate
- Property Sub Type: Single Family Detached
- Property Type: Residential
- Public Survey Section: 14
- Year Built: 1966
- Sewer: Private Sewer
- Water Source: Private
Interior and Exterior Features
- Construction Materials: Wood
- Foundation Details: Concrete
- Roof: Asphalt Shingle
- Stories Total: 1
- Appliances: Dryer, Range, Refrigerator, Washer
- Basement: Full
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms One Quarter: 1
- Bathrooms Three Quarter: 0
- Bathrooms Total Integer: 2
- Bedrooms Total: 3
- Cooling: None
- Fireplace YN: No
- Heating: Baseboard, Boiler, Hot Water, Oil
- Interior Features: Garage Door Opener(s), Hardwood Floors, Center Hall Foyer, Paneled, Washer Hookup
- Basement Features: Partially Finished,Walkout,Bath,Den/Office,Family/Rec Room,Utility Room
- Bath Description: 1/2 Basement,Full Main Floor
- Dining Room Type: Combine with Kitchen
- Extra Rooms: Den/Office,Family/Rec,Storage Room,Utility Room
- Main Floor Bedroom: 1
- Mechanicals: Fuel Tank-Owned,Sump Pump
- Window Features: Wood Frames
Room Information
- RoomDescription: Kitchen and Dining room are combined.
- RoomLength: 22.0
- RoomLevel: Main
- RoomType: Kitchen
- RoomWidth: 11.0
- RoomLength: 22.0
- RoomLevel: Main
- RoomType: Living Room
- RoomWidth: 13.0
- RoomLength: 7.0
- RoomLevel: Main
- RoomType: Bathroom
- RoomWidth: 7.0
- RoomLength: 13.0
- RoomLevel: Main
- RoomType: Primary Bedroom
- RoomWidth: 11.0
- RoomLength: 11.0
- RoomLevel: Main
- RoomType: Bedroom
- RoomWidth: 10.0
- RoomLength: 10.0
- RoomLevel: Main
- RoomType: Bedroom
- RoomWidth: 9.0
- RoomLength: 21.0
- RoomLevel: Basement
- RoomType: Laundry
- RoomWidth: 12.0
- RoomLength: 21.0
- RoomLevel: Basement
- RoomType: Family Room
- RoomWidth: 12.0
- RoomLength: 6.0
- RoomLevel: Basement
- RoomType: Bathroom
- RoomWidth: 5.0
- RoomDescription: Used as a bedroom
- RoomLength: 10.0
- RoomLevel: Basement
- RoomType: Other
- RoomWidth: 10.0
- RoomLength: 12.0
- RoomLevel: Basement
- RoomType: Den/Office
- RoomWidth: 10.0
Agent
- Listing Agent Primary Office: ***
- Auction: No
- Auction End Date: ***
- Internal Advertising: House interior is dated, home being sold 'as is'.
- LVTDate: 2016-07-12
- Management Company: ***
- Management Company Phone Email: ***
- Power Company: Coop Power & Light
- Transaction Type: For Sale
Rental
- Lender Owned: No
- Rental License: No
Property History for 5518 Lax Lake Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 15, 2016 | Sold Lake Superior Area REALTORS #6023963 | $110,000 | — |
| Aug 13, 2016 | Pending Lake Superior Area REALTORS #6023963 | — | |
| Jul 12, 2016 | Listed (Active) Lake Superior Area REALTORS #6023963 | $134,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/15/2016 | Sold Lake Superior Area REALTORS #6023963 | $110,000 |
| 08/13/2016 | Pending Lake Superior Area REALTORS #6023963 | — |
| 07/12/2016 | Listed (Active) Lake Superior Area REALTORS #6023963 | $134,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 5518 Lax Lake Road
Taxable Value
Land
$102,000Additions
$260,400Tax Record
2026
$1,168 ($97 / month)Home Facts
Beds
3Baths
1.5Total Finished SqFt
1,144 SqFtAbove Grade Finished SqFt
1,144 SqFtStories
1Lot Size
435,600 SqFtStyle
Single Family ResidenceYear Built
1966Year Renovated
1995County
LAKEAPN
26-5608-14610Schools near 5518 Lax Lake Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
William Kelley Elementary School PublicPK to 5 | ||
Kelley Secondary Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 55614
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 5518 Lax Lake Road, Silver Bay, MN 55614 | $110,000 | 3 | 2 | 1,494 | 435,600 |
– | 2 | 1 | 1,040 | 653,400 | |
– | 3 | 2 | 1,568 | 871,200 | |
$290,000 | 3 | 3 | 2,374 | 435,600 | |
– | 3 | 1 | 1,088 | 435,600 | |
– | 1 | – | 252 | 1,742,400 | |
– | 3 | 2 | 1,596 | 435,600 | |
$539,000 | 2 | 2 | 2,536 | 871,200 | |
– | 1 | 0.75 | 320 | 871,200 | |
– | 1 | 1 | 580 | 1,742,400 | |
$205,000 | – | 2 | 1,288 | 784,080 | |
– | 3 | 2 | 1,104 | 392,040 | |
$166,000 | 2 | 1 | 1,152 | 435,600 | |
– | 3 | 1.75 | 1,316 | 566,280 | |
$58,950 | – | – | – | 1,742,400 | |
$280,000 | 4 | 1.75 | 1,064 | 117,612 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of BayView Realty, LLC
Based on information submitted to the MLS GRID as of 04/15/2025 06:58 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.











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