OFF MARKET

Off Market Nov 2020 for $381K

$530,189

•

2,688

sq ft

4505 Wax Lax Rd, Silver Bay, MN 55614

About this home

Enjoy your morning beverage on the dock or deck of this 2 + story Lax Lake home with frontage on Lax Lake. Features include 4 bedrooms, 2 bathrooms, large living room, 2 car tuck-under garage, in-floor heat on the first level, new patio doors to decks for lake views from living room, and bedrooms and easy access to the lake. There's a dock, septic and well, 5 acres and 50’ of frontage on Lax Lake.

Single-familyProperty Type

2004Year Built

4.75 acresLot Size

$197Est. Price/Sq.Ft.

2 car garageParking

Bought with Sue Bott • RE/MAX Professionals - Two Harbors

Redfin checked: a minute ago

•Source:LSAR as distributed by WIREX #6091284

Redfin Estimate

$530,189

$148K since sold in November 2020$27K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.5% lower than the average sale price ($628K) of 6 comparable homes.

SOLD JUL 31, 2026
$390,000
A
4 beds2 baths2,644 sq ft
2485 Hwy 12, Two Harbors, MN 55616
SOLD MAY 22, 2026
$390,000
B
3 beds2 baths— sq ft
2163 Fors Rd, Two Harbors, MN 55616
SOLD JUN 15, 2026
$255,000
C
5 beds1.5 baths2,314 sq ft
35 Arthur Cr Cir, Silver Bay, MN 55615
SOLD MAR 3, 2026
$589,900
D
3 beds2 baths1,845 sq ft
520 Fjord Trl, Beaver Bay, MN 55601
SOLD NOV 3, 2025
$1,220,500
E
3 beds2 baths2,292 sq ft
1788 County Hwy 61, Two Harbors, MN 55616
SOLD JAN 8, 2026
$920,000
F
3 beds1.5 baths1,806 sq ft
4346 Highway 61, Two Harbors, MN 55616

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 55614, MN

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.0%

0.1% MoM

Median sale price

$165K

$5K MoM

Avg. days on market

72d

76 days MoM

Recently sold homes

5 MoM

New listings for sale

$215,000
— beds— baths384 sq ft
3382 God's Wilderness Rd, Finland, MN 55603
$249,000
2 beds2 baths1,100 sq ft
Silver Bay, MN 55614
$179,000
3 beds2 baths924 sq ft
Silver Bay, MN 55614
See all

Provided by Redfin

Sale history for 4505 Wax Lax Rd

Date

Event

Price

LSAR as distributed by WIREX #6091284

Nov 9, 2020

Sold

$381,900

$142/sq ft

Jul 1, 2020

Listed

$379,000

$141/sq ft

NORTHSTARMLS as Distributed by MLS Grid #DAAR157196

Feb 23, 2011

Listed

$239,900

$89/sq ft

NORTHSTARMLS as Distributed by MLS Grid #MAM29584

Feb 22, 2011

Listed

$239,900

$89/sq ft

NORTHSTARMLS as Distributed by MLS Grid #3686545

Jul 20, 2009

Listing Removed

—

May 15, 2009

Listed

$209,000

$78/sq ft

NORTHSTARMLS as Distributed by MLS Grid #MAM26231

May 15, 2009

Listed

$209,000

$78/sq ft

NORTHSTARMLS as Distributed by MLS Grid #DAAR146540

May 15, 2009

Listed

$209,000

$78/sq ft

NORTHSTARMLS as Distributed by MLS Grid #3571651

Jan 30, 2009

Listing Removed

—

Jul 14, 2008

Listed

$209,000

$78/sq ft

NORTHSTARMLS as Distributed by MLS Grid #MAM24590

Jul 14, 2008

Listed

$209,000

$78/sq ft

NORTHSTARMLS as Distributed by MLS Grid #DAAR141620

Jul 14, 2008

Listed

$209,000

$78/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$2,966 (−8.7%)

$55,800 + $437,800

$493,600

2025

$3,248 (+49.0%)

$55,800 + $460,100

$515,900

2024

$2,180 (−23.6%)

$55,800 + $465,500

$521,300

2023

$2,852 (−0.2%)

$51,800 + $547,100

$598,900

2022

$2,857 (+123.0%)

$51,800 + $268,300

$320,100

2021

$1,281 (−5.5%)

$56,100 + $109,000

$165,100

2020

$1,356 (+1.4%)

$56,400 + $92,800

$149,200

2019

$1,337 (−2.0%)

$56,400 + $92,800

$149,200

2018

$1,364 (+2.7%)

$56,400 + $93,800

$150,200

2017

$1,328 (−0.1%)

$56,400 + $94,800

$151,200

2016

$1,330 (−1.9%)

$56,700 + $95,800

$152,500

2015

$1,355 (+47.6%)

$56,700 + $95,800

$152,500

2013

$918

$60,600 + $68,900

$129,500

Tax history for 4505 Wax Lax Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,966 (−8.7%)

$55,800 + $437,800

$493,600

2025

$3,248 (+49.0%)

$55,800 + $460,100

$515,900

2024

$2,180 (−23.6%)

$55,800 + $465,500

$521,300

2023

$2,852 (−0.2%)

$51,800 + $547,100

$598,900

2022

$2,857 (+123.0%)

$51,800 + $268,300

$320,100

2021

$1,281 (−5.5%)

$56,100 + $109,000

$165,100

2020

$1,356 (+1.4%)

$56,400 + $92,800

$149,200

2019

$1,337 (−2.0%)

$56,400 + $92,800

$149,200

2018

$1,364 (+2.7%)

$56,400 + $93,800

$150,200

2017

$1,328 (−0.1%)

$56,400 + $94,800

$151,200

2016

$1,330 (−1.9%)

$56,700 + $95,800

$152,500

2015

$1,355 (+47.6%)

$56,700 + $95,800

$152,500

2013

$918

$60,600 + $68,900

$129,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

4.07 Acres

Year renovated

2004

Sq. Ft.

2,920

Year built

2004

Style

Other

County

Lake County

APN

26-5608-14440

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 12, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Gravel

Interior

Bathroom Information
# of Three Quarter Bathrooms: 2

Heating & Cooling
Cooling: None
Has Heating
Heating: Hot Water, Propane, Floor Furnace

Interior Features
Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Breakfast Bar, High Speed Internet, Master Downstairs
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Room Information
Laundry Features: Main Level

Exterior

Exterior Features
Exterior Features: Dock
Patio And Porch Features: Deck
Roof: Asphalt, Shingle

Building Information
Above Grade Finished Area: 2,688
# of Stories Total: 2
Foundation Details: Slab

Property Features
On Waterfront
Waterfront Features: Lake
Has View
Accessibility Features: Grip-Accessible Features

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Detached

Lot Information
Lot Features: Level, Wooded
Water Body Name: Lax
Road Responsibility: Private Maintained Road
Road Frontage Type: Private Road
Lot Size Dimensions: 165 x 1320 less 12 x 1270+50 x 100
Lot Size Acres: 4.75
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $1,482.54

Utilities

Utility Information
Water Source: Well
Utilities: Underground Utilities, Cable Available
Sewer: Private Sewer

Location

Schools Information
High School District: Lake Superior #381

Location Information
Directions: From Hwy 61 to Beaver Bay left on Lax Lake Road to Wax Lax Road approximately 7 miles to Wax Lax Rd, right on Wax Lax Rd

Public facts

Beds: 3
Baths: —
Sq. Ft.: 2,920
Stories: —
Lot Size: 4.07 acres
Style: Other
Year Built: 2004
Year Renovated: 2004
County: Lake County
APN: 26-5608-14440

Home facts updated by county records on Aug 12, 2026

Around this home

Schools

William Kelley Elementary School

Public PreK-5 • Assigned • 3.9mi

7/10

Kelley Secondary

Public 6-12 • Assigned • 3.9mi

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 87° 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

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New listings for sale in 55603

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$179,000

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Home values near 4505 Wax Lax Rd

Data from public records.

Address	Redfin Estimate
5600 Lax Lake Rd, Silver Bay, MN 2 Beds \| 1 Baths \| 960 Sq. Ft.	$351,587
5682 Lax Lake Rd, Silver Bay, MN 3 Beds \| - Baths \| 2450 Sq. Ft.	$426,159

Address	Redfin Estimate
5639 Lax Lake Rd, Silver Bay, MN 4 Beds \| 1 Baths \| 1862 Sq. Ft.	$469,487
5693 Lax Lake Rd, Silver Bay, MN 4 Beds \| - Baths \| 2114 Sq. Ft.	$390,551

Address	Redfin Estimate
5722 Lax Lake Rd, Silver Bay, MN 4 Beds \| - Baths \| 1104 Sq. Ft.	$258,099
5666 Lax Lake Rd, Silver Bay, MN 2 Beds \| 1 Baths \| 1323 Sq. Ft.	$342,388

Property information provided by LSAR as distributed by WIREX when last listed in 2020. This data may not match . Learn more.

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