15 Law Dr
Silver Bay, MN 55614
3 bd 1 ba 1,008 sqft Built 1977 Lot 11,761 sqft single_family
Most recent sale
$200,000
Jan 16, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 16, 2024 | Sold | $200,000 | LakeSuperiorAreaRealtors |
| Nov 5, 2023 | Listed | $215,000 | LakeSuperiorAreaRealtors |
| Jul 11, 2023 | Sold | $115,000 | Public Record |
| Jun 8, 2007 | Sold | $95,000 | LakeSuperiorAreaRealtors |
| Apr 18, 2007 | Listed | $107,000 | LakeSuperiorAreaRealtors |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $138,300 | $19,600 | $157,900 | $2,158 |
| 2023 | $140,200 | $18,700 | $158,900 | $664 |
| 2022 | $108,900 | $13,500 | $122,400 | $2,277 |
| 2021 | $63,553 | $9,079 | $72,632 | $1,031 |
| 2020 | $49,661 | $8,365 | $58,026 | $915 |
| 2019 | $63,971 | $9,097 | $73,068 | $1,165 |
| 2018 | $65,224 | $9,152 | $74,376 | $1,325 |
| 2017 | $65,224 | $9,152 | $74,376 | $1,172 |
| 2016 | $41,100 | $7,700 | $48,800 | $647 |
| 2015 | $41,100 | $7,700 | $48,800 | $652 |
| 2014 | $41,100 | $7,700 | $48,800 | $595 |
| 2013 | $50,600 | $9,400 | $60,000 | $662 |
| 2012 | $51,100 | $10,400 | $61,500 | $706 |
| 2010 | — | — | $100,100 | $670 |
Property facts
Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,008 sqft
Lot size
11,761 sqft
ZIP code
55614
City
Silver Bay
Street
Law Dr
Coordinates
47.28782, -91.28607
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
$1,512
Gross rental yield
9.07%
Implied cap rate
5.90%
Trend-extrapolated value
—
Frequently asked questions
When did 15 Law Dr last sell?
15 Law Dr most recently sold on Jan 16, 2024 for $200,000.
What is the current tax assessment for 15 Law Dr?
The most recent total assessment for 15 Law Dr (year 2025) is $157,900 with $2,158 in property tax.
How does 15 Law Dr's assessment compare to its last sale price?
The current assessment is 21.1% below the last sale price of $200,000.
When was 15 Law Dr built?
15 Law Dr was built in 1977.
How does 15 Law Dr compare to others on Law Dr?
We track 8 other properties on Law Dr. Browse the list under "Other properties on Law Dr" to compare beds, baths, and sale history.
What are the property facts for 15 Law Dr?
15 Law Dr is a 3 bed, 1 bath, 1,008 sqft, 11,761 sqft lot single_family.
Is 15 Law Dr a flip candidate?
Yes — 15 Law Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 15 Law Dr a tax-appeal candidate?
No — 15 Law Dr 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