54 Banks Blvd
Silver Bay, MN 55614
3 bd 1 ba 864 sqft Built 1953 Lot 8,276 sqft single_family
Most recent sale
$115,000
Jul 16, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 3, 2024 | Listed | $175,000 | LakeSuperiorAreaRealtors |
| Jul 16, 2021 | Sold | $115,000 | LakeSuperiorAreaRealtors |
| May 7, 2021 | Listed | $124,900 | NorthstarMLS |
| Jun 25, 2019 | Listing removed | — | LakeSuperiorAreaRealtors |
| Feb 21, 2019 | Price changed | $49,000 | LakeSuperiorAreaRealtors |
| Jun 25, 2018 | Listed | $53,500 | LakeSuperiorAreaRealtors |
| Mar 31, 2008 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $72,705 | $13,071 | $85,776 | $676 |
| 2023 | $59,407 | $12,571 | $71,978 | $200 |
| 2022 | $31,560 | $5,400 | $36,960 | $393 |
| 2021 | $31,980 | $5,400 | $37,380 | $387 |
| 2020 | $30,420 | $5,460 | $35,880 | $452 |
| 2019 | $25,200 | $5,460 | $30,660 | $314 |
| 2018 | $42,700 | $9,100 | $51,800 | $1,122 |
| 2017 | $43,200 | $9,100 | $52,300 | $1,026 |
| 2016 | $33,400 | $8,600 | $42,000 | $807 |
| 2015 | $22,300 | $5,800 | $28,100 | $243 |
| 2014 | $23,100 | $5,800 | $28,900 | $225 |
| 2013 | $26,300 | $6,400 | $32,700 | $218 |
| 2012 | $26,300 | $7,100 | $33,400 | $241 |
| 2010 | — | — | $55,400 | $165 |
Property facts
Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
864 sqft
Lot size
8,276 sqft
ZIP code
55614
City
Silver Bay
Street
Banks Blvd
Coordinates
47.29751, -91.26601
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,296
Gross rental yield
13.52%
Implied cap rate
8.79%
Trend-extrapolated value
—
Frequently asked questions
When did 54 Banks Blvd last sell?
54 Banks Blvd most recently sold on Jul 16, 2021 for $115,000.
What is the current tax assessment for 54 Banks Blvd?
The most recent total assessment for 54 Banks Blvd (year 2025) is $85,776 with $676 in property tax.
How does 54 Banks Blvd's assessment compare to its last sale price?
The current assessment is 25.4% below the last sale price of $115,000.
When was 54 Banks Blvd built?
54 Banks Blvd was built in 1953.
How does 54 Banks Blvd compare to others on Banks Blvd?
We track 8 other properties on Banks Blvd. Browse the list under "Other properties on Banks Blvd" to compare beds, baths, and sale history.
What are the property facts for 54 Banks Blvd?
54 Banks Blvd is a 3 bed, 1 bath, 864 sqft, 8,276 sqft lot single_family.
Is 54 Banks Blvd a flip candidate?
No — 54 Banks Blvd does not appear in our flips dataset.
Is 54 Banks Blvd a tax-appeal candidate?
No — 54 Banks Blvd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.3%
2026 Q2
$181.6K
2026 Q3
$178.9K
ZIP 55614 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Banks Blvd