Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $906 (2026).

What school district is this property in?

This property is in the 381 - Lake Superior school district.

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property has been listed for 18 days.

Listed at

$88,400

$92/sqft

Silver Bay 3rd Div

47 Edwards Drive, Silver Bay, MN, 55614

3 Bedrooms1 Bathroom960 Square Feet0.22 Acres

Days on market18

Year built1954

Garage spaces1

TypeResidential

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About this home

Great opportunity to buy this ranch style home built in 1954, located in Silver Bay, MN and sitting on approximately .22 acre lot with a one car detached garage. The all one floor interior has 960 sq. ft. with 3 bedrooms and 1 bathroom.

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Home facts

Property typeResidential

Property subtype(TH) Detached

Year built1954

LevelsOne

Living area960 sqft

Above-grade finished960 sqft

Below-grade finished0 sqft

Lot size0.22 acres (9583)

Days on market18

ListedSep 10, 2026

MLS #NST7142303

CountyLake

SubdivisionSilver Bay 3rd Div

Parcel #22746013080

Facts & features

Interior

Bedrooms: 3
Bathrooms: 1
Bath breakdown: 1 full
Heating: Forced Air, Other
Cooling: None
Basement: None · 0 sqft finished

Property

Levels / stories: One
Garage: 1 space · 240 sqft
Parking features: Detached Garage
Exterior features: Aluminum Siding, Wood
Pool: None
Waterfront: Other

Construction

Property type: Residential
Property subtype: (TH) Detached
Construction materials: Other
Foundation: Slab · 800 sqft
Roof: Asphalt
Year built: 1954

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Other

Community & HOA

Subdivision: Silver Bay 3rd Div
HOA: No HOA
School district: 381 - Lake Superior
High school district: Lake Superior

Financial & listing details

Annual tax: $906 (2026)
Tax with assessments: 904
Listed: Sep 10, 2026
Days on market: 18
Lender owned: Yes
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths1

3/4 baths0

Half baths0

1/4 baths0

BasementNone

HeatingForced Air, Other

CoolingNone

AccessibilityNone

Exterior & lot

ExteriorAluminum Siding, Wood

RoofAsphalt

FoundationSlab

Foundation area800 sqft

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelOther

Parking & garage

ParkingDetached Garage

Garage spaces1

Garage size240 sqft

Financial details

Annual taxes$906

Tax year2026

Taxes w/ assessments904

Assessment pendingNo

Down payment resourceYes

Lender ownedYes

Short saleNo

ForeclosureNo

Schools

District381 - Lake Superior

District number381

District phone2188348216

High schoolLake Superior

SODL flat fee brokerage

$0Estimated buyer credit

SODL platform fee $2,652Your buyer credit $0

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

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Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

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Estimated monthly payment

$570/mo

Principal & interest$465

Property taxes$76

Home insurance (est.)$29

Down payment

$17,680

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.