86 Banks Blvd
Silver Bay, MN 55614
3 bd 1 ba 864 sqft Built 1953 Lot 10,454 sqft single_family
Most recent sale
$142,500
Nov 13, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 13, 2023 | Sold | $142,500 | NorthstarMLS |
| Oct 11, 2023 | Listed | $149,900 | NorthstarMLS |
| Oct 9, 2020 | Sold | $124,900 | LakeSuperiorAreaRealtors |
| Jul 8, 2020 | Listed | $124,900 | LakeSuperiorAreaRealtors |
| Sep 12, 2018 | Sold | $56,000 | Public Record |
| Jan 8, 2015 | Sold | $80,000 | Public Record |
| Sep 10, 2014 | Listing removed | $80,000 | LakeSuperiorAreaRealtors |
| Jul 21, 2014 | Listed | $80,000 | LakeSuperiorAreaRealtors |
| Jul 25, 2012 | Listing removed | $81,900 | Mankato |
| Aug 11, 2010 | Listing removed | $74,900 | LakeSuperiorAreaRealtors |
| Jun 7, 2010 | Relisted | $74,900 | LakeSuperiorAreaRealtors |
| Feb 21, 2009 | Listing removed | $74,900 | LakeSuperiorAreaRealtors |
| Feb 13, 2009 | Listed | $74,900 | Arrowhead |
| Feb 10, 2009 | Listed | $74,900 | LakeSuperiorAreaRealtors |
| Jul 9, 2007 | Listed | $81,900 | Mankato |
| Apr 22, 2005 | Sold | $55,000 | Public Record |
| Dec 15, 2003 | Sold | $53,800 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $104,554 | $14,903 | $119,457 | $760 |
| 2023 | $84,569 | $14,332 | $98,901 | $312 |
| 2022 | $49,734 | $7,529 | $57,263 | $775 |
| 2021 | $50,664 | $7,580 | $58,244 | $770 |
| 2020 | $37,560 | $6,840 | $44,400 | $634 |
| 2019 | $52,000 | $11,400 | $63,400 | $1,260 |
| 2018 | $52,600 | $11,400 | $64,000 | $2,131 |
| 2017 | $53,100 | $11,400 | $64,500 | $1,265 |
| 2016 | $32,800 | $10,900 | $43,700 | $840 |
| 2015 | $21,900 | $7,300 | $29,200 | $265 |
| 2014 | $22,700 | $7,300 | $30,000 | $245 |
| 2013 | $25,800 | $8,000 | $33,800 | $236 |
| 2012 | $25,700 | $9,000 | $34,700 | $262 |
| 2010 | — | — | $57,500 | $181 |
Property facts
Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
864 sqft
Lot size
10,454 sqft
ZIP code
55614
City
Silver Bay
Street
Banks Blvd
Coordinates
47.29523, -91.27144
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
10.91%
Implied cap rate
7.09%
Trend-extrapolated value
—
Frequently asked questions
When did 86 Banks Blvd last sell?
86 Banks Blvd most recently sold on Nov 13, 2023 for $142,500.
What is the current tax assessment for 86 Banks Blvd?
The most recent total assessment for 86 Banks Blvd (year 2025) is $119,457 with $760 in property tax.
How does 86 Banks Blvd's assessment compare to its last sale price?
The current assessment is 16.2% below the last sale price of $142,500.
When was 86 Banks Blvd built?
86 Banks Blvd was built in 1953.
How does 86 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 86 Banks Blvd?
86 Banks Blvd is a 3 bed, 1 bath, 864 sqft, 10,454 sqft lot single_family.
Is 86 Banks Blvd a flip candidate?
No — 86 Banks Blvd does not appear in our flips dataset.
Is 86 Banks Blvd a tax-appeal candidate?
No — 86 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