Ideally located on a large corner lot this home awaits a bit of TLC to restore is charm and character. There are 2 bedrooms and a combined kitchen and dining area along with a full basement that is ready to be finished for additional living area. A large 2 car garage features a work area and additional room year around Minnesota toys.
Single-familyProperty Type
1954Year Built
0.29 acresLot Size
$131Est. Price/Sq.Ft.
2 car garageParking
Listed by Don Seipke• Edina Realty, Inc. - Duluth
Bought with Don Seipke• Edina Realty, Inc. - Duluth
Source:LSAR #6012176
Redfin Estimate
$113,340
$70K since sold in February 2016$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10.3% lower than the average sale price ($126K) of 6 comparable homes.
NORTHSTARMLS as Distributed by MLS Grid #DAAR6012176
Sep 29, 2014
Pending
—
Aug 22, 2014
Price Changed
$35,000
$41/sq ft
Jul 18, 2014
Listed
$40,000
$46/sq ft
RASM #4649568
Oct 27, 2014
Sold
$35,000
$41/sq ft
Jul 18, 2014
Listed
$35,000
$41/sq ft
Ideally located on a large corner lot this home awaits a bit of TLC to restore is charm and character. There are 2 bedrooms and a combined kitchen and dining area along with a full basement that is ready to be finished for additional living area. A large 2 car garage features a work area and additional room year around Minnesota toys.
LSAR #6012176
Oct 27, 2014
Sold
$35,000
$41/sq ft
Jul 18, 2014
Listed
$35,000
$41/sq ft
NORTHSTARMLS as Distributed by MLS Grid #4028154
Mar 25, 2011
Listed
$49,900
$58/sq ft
NORTHSTARMLS as Distributed by MLS Grid #DAAR157546
Mar 25, 2011
Listed
$49,900
$58/sq ft
NORTHSTARMLS as Distributed by MLS Grid #3907160
Oct 6, 2010
Listing Removed
—
Apr 6, 2010
Listed
$75,000
$87/sq ft
NORTHSTARMLS as Distributed by MLS Grid #DAAR152135
Apr 6, 2010
Listed
$75,000
$87/sq ft
NORTHSTARMLS as Distributed by MLS Grid #MAM27989
Apr 6, 2010
Listed
$75,000
$87/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$910 (+11.8%)
$14,645 + $86,827
$101,472
2025
$814 (+176.2%)
$14,383 + $81,530
$95,913
2024
$295 (+9.4%)
$15,701 + $87,560
$103,261
2023
$269 (−62.6%)
$14,348 + $74,198
$88,546
2022
$719 (+14.1%)
$7,501 + $46,819
$54,320
2021
$631 (+14.1%)
$7,278 + $43,227
$50,505
2020
$553 (+20.0%)
$6,960 + $33,600
$40,560
2019
$461 (−14.5%)
$6,960 + $30,840
$37,800
2018
$539 (+17.2%)
$6,960 + $31,200
$38,160
2017
$459 (+3.0%)
$6,960 + $31,200
$38,160
2016
$446 (−18.5%)
$7,000 + $31,500
$38,500
2015
$547 (−6.6%)
$7,800 + $35,600
$43,400
2013
$586
$9,500 + $45,800
$55,300
Tax history for 36 Gibson Rd
Year
Property tax
Land + Additions
Assessment*
2026
$910 (+11.8%)
$14,645 + $86,827
$101,472
2025
$814 (+176.2%)
$14,383 + $81,530
$95,913
2024
$295 (+9.4%)
$15,701 + $87,560
$103,261
2023
$269 (−62.6%)
$14,348 + $74,198
$88,546
2022
$719 (+14.1%)
$7,501 + $46,819
$54,320
2021
$631 (+14.1%)
$7,278 + $43,227
$50,505
2020
$553 (+20.0%)
$6,960 + $33,600
$40,560
2019
$461 (−14.5%)
$6,960 + $30,840
$37,800
2018
$539 (+17.2%)
$6,960 + $31,200
$38,160
2017
$459 (+3.0%)
$6,960 + $31,200
$38,160
2016
$446 (−18.5%)
$7,000 + $31,500
$38,500
2015
$547 (−6.6%)
$7,800 + $35,600
$43,400
2013
$586
$9,500 + $45,800
$55,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Finish: Finished
Basement Type: Finished
Bathroom Information
# of Full Baths: 1
Fireplace Information
Has Fireplace
Exterior
Exterior Information
Building Style Type: Bungalow
Construction Type: Frame
Exterior Wall: Wood
Pool Information
Pool Type: Pool and Hot Tub/Spa
Has Pool
Property Information
Subdivision Name: SILVER BAY 03 DIV
Living Sq. Ft: 864
Building Sq. Ft: 864
Legal Description: LOT 16 BLOCK 13
Parking & Garage Information
Garage/Parking Sq. Ft: 864
Lot Information
# of Buildings: 1
Land Sq. Ft: 12,444
Legal Lot Number: 16
Legal Block Number: 13
Municipality Name: CITY OF SILVER BAY
Acres: 0.2857
Depth Footage: 122
Front Footage: 102
County Use Description: RESIDENTIAL 1 UNIT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 864
Stories: —
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1954
Year Renovated: 1990
County: Lake County
APN: 22-7460-13160
Home facts updated by county records on Aug 12, 2026
Around this home
Schools
William Kelley Elementary School
Public PreK-5 • Assigned • 0.3mi
7/10
Kelley Secondary
Public 6-12 • Assigned • 0.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 86° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Silver Bay, MN • 55614
Average low and high temperatures (°F)
20
5
28
12
37
23
44
32
58
40
67
49
73
59
73
60
69
55
58
44
41
31
27
13
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 3 hours in December, placing it below the
U.S. average for solar exposure.