Sold
Last Sold Price
3 beds1,494 sqft

5518 Lax Lake Rd, Silver Bay, MN 55614

Single FamilyProperty Type
10 acresLot Size
1966Year Built
$74/sq ftPrice per sq ft
2 carsParking Spaces
  • Listed by: Gigi Maxwell 218.220.8729 gmaxwell@mzr.com • BayView Realty, LLC
Listing closed: 09/15/2016 12:00 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 6023963
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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

$125,000 | 101 Hays Circle, Silver Bay, MN 55614
1/28
1

$125,000

Sold 03/13/26

3
Bedrooms
1,250
Square Feet
0.21
Acres
$127,000 | 82 Edison Boulevard, Silver Bay, MN 55614
1/26
2

$127,000

Sold 10/31/25

3
Bedrooms
1,584
Square Feet
0.21
Acres
$90,000 | 28 James Road, Silver Bay, MN 55614
1/38
3

$90,000

Sold 03/28/25

2
Bedrooms
1,500
Square Feet
0.25
Acres
$177,000 | 48 Davis Drive, Silver Bay, MN 55614
1/34
4

$177,000

Sold 05/20/26

3
Bedrooms
1,344
Square Feet
0.25
Acres
$107,500 | 51 Davis Drive, Silver Bay, MN 55614
1/17
5

$107,500

Sold 03/23/26

3
Bedrooms
864
Square Feet
0.19
Acres
$105,000 | 88 Banks Boulevard, Silver Bay, MN 55614
1/16
6

$105,000

Sold 06/05/26

3
Bedrooms
864
Square Feet
0.24
Acres
$135,000 | 52 Davis Drive, Silver Bay, MN 55614
1/37
7

$135,000

Sold 02/02/26

2
Bedrooms
1,540
Square Feet
0.27
Acres
$135,000 | 100 Edison Boulevard, Silver Bay, MN 55614
1/32
8

$135,000

Sold 03/12/26

3
Bedrooms
960
Square Feet
0.21
Acres
$130,000 | 27 James Road, Silver Bay, MN 55614
1/26
9

$130,000

Sold 10/07/25

3
Bedrooms
960
Square Feet
0.19
Acres

Location

Listing Courtesy of BayView Realty, LLC

Sold By BayView Realty, LLC

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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

Location and General Information
  • 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
Parking
  • Garage Spaces: 2.0
  • Garage Type: Detached
  • Parking Features: Gravel
School Information
  • High School District: Lake Superior #381
Taxes and HOA
  • 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

Lot Information
  • 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
Property and Assessments
  • Development Status: Previously Owned
  • Land Access: ***
  • Possession: Immediate
  • Property Sub Type: Single Family Detached
  • Property Type: Residential
  • Public Survey Section: 14
  • Year Built: 1966
Utilities
  • Sewer: Private Sewer
  • Water Source: Private

Interior and Exterior Features

Exterior Features
  • Construction Materials: Wood
  • Foundation Details: Concrete
  • Roof: Asphalt Shingle
  • Stories Total: 1
Interior Features
  • 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

Room 1
  • RoomDescription: Kitchen and Dining room are combined.
  • RoomLength: 22.0
  • RoomLevel: Main
  • RoomType: Kitchen
  • RoomWidth: 11.0
Room 2
  • RoomLength: 22.0
  • RoomLevel: Main
  • RoomType: Living Room
  • RoomWidth: 13.0
Room 3
  • RoomLength: 7.0
  • RoomLevel: Main
  • RoomType: Bathroom
  • RoomWidth: 7.0
Room 4
  • RoomLength: 13.0
  • RoomLevel: Main
  • RoomType: Primary Bedroom
  • RoomWidth: 11.0
Room 5
  • RoomLength: 11.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 10.0
Room 6
  • RoomLength: 10.0
  • RoomLevel: Main
  • RoomType: Bedroom
  • RoomWidth: 9.0
Room 7
  • RoomLength: 21.0
  • RoomLevel: Basement
  • RoomType: Laundry
  • RoomWidth: 12.0
Room 8
  • RoomLength: 21.0
  • RoomLevel: Basement
  • RoomType: Family Room
  • RoomWidth: 12.0
Room 9
  • RoomLength: 6.0
  • RoomLevel: Basement
  • RoomType: Bathroom
  • RoomWidth: 5.0
Room 10
  • RoomDescription: Used as a bedroom
  • RoomLength: 10.0
  • RoomLevel: Basement
  • RoomType: Other
  • RoomWidth: 10.0
Room 11
  • RoomLength: 12.0
  • RoomLevel: Basement
  • RoomType: Den/Office
  • RoomWidth: 10.0

Agent

Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • 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

Rent Information
  • Lender Owned: No
  • Rental License: No

Property History for 5518 Lax Lake Road

DateEvent & SourcePriceAppreciation
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—
DateEvent & SourcePrice
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

$102,000

Additions

$260,400
Total$362,400

Tax Record

2026

$1,168 ($97 / month)

Home Facts

Beds

3

Baths

1.5

Total Finished SqFt

1,144 SqFt

Above Grade Finished SqFt

1,144 SqFt

Stories

1

Lot Size

435,600 SqFt

Style

Single Family Residence

Year Built

1966

Year Renovated

1995

County

LAKE

APN

26-5608-14610

Schools near 5518 Lax Lake Road

This home is within Lake Superior Public School Dist..
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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5518 Lax Lake Road, Silver Bay, MN 55614
$110,000
3
1,494
435,600
–
2
1
1,040
653,400
–
3
2
1,568
871,200
$290,000
3
2,374
435,600
–
3
1
1,088
435,600
–
1
–
252
1,742,400

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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.