NOT LISTED FOR SALE

101 Lake Ave E Ladysmith, WI 54848

Estimated Value: $513,576

7 Beds
9 Baths
5,616 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $510,000 $91 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,406/month

161 Days on Market

Highlights

  • Lake Front
  • Recreation Room
  • No HOA
  • River View
  • 1 Fireplace
  • Home Office

About This Home

As of August 2024

Capture a piece of history with this exquisite 2-story brick home in the heart of Ladysmith. Perfectly blending small-town charm with modern luxury, this versatile property, once known as the Carnegie Library, presents a unique opportunity. Meticulously renovated with no expense spared, it boasts top-notch quality and care. Whether you envision it as a small office space or a charming bed and breakfast, the possibilities are endless. The seller is offering it turnkey, allowing you to seamlessly transition into ownership. Indulge in the serenity of the private backyard or take advantage of the property's unique platform leading to the river, complete with stairs for easy access. Please consult with the city regarding zoning restrictions to explore the full potential of this gem. With a prime location, this home is equally suited as a mainstay or second home. Don't miss this chance to own a piece of Ladysmith's history in a property that seamlessly blends the past with modern comforts.

Last Agent to Sell the Property

Mary Rufledt

Elite Realty Group, LLC Listed on: 01/17/2024

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,104

Year Built

  • Built in 1907

Lot Details

  • 0.87 Acre Lot
  • Lake Front
  • Additional Parcels

Parking

  • 2 Car Garage

Interior Spaces

  • 5,616 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Home Office
  • Recreation Room
  • River Views
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 246034640000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,104

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1907
  • Above Grade Finished Sq Ft: 5616
  • Water Body Name: Flambeau River
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Living Area: 5616
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Laundry, Office, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Family Room, Recreation Room, Bedroom 4, Bedroom 5, Bedroom 6

Beds/Baths

  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • One Quarter Bathrooms: 1

Exterior Features

  • Other Structures: Additional Garage
  • PatioPorchType: Deck,Patio
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 1056

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Ladysmith-Hawkins
  • SchoolDistrictNumber: W2856
  • SchoolDistrictPhone: 715-532-5277

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 37897.2
  • Lot Size Sq Ft: 37897.2
  • Land Lease: No
  • Additional Parcels Description: 246034641000
  • Additional Parcels: Yes
  • Zoning Description: Other,Shoreline
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 246034640000
  • Tax Annual Amount: 7104
  • TaxWithAssessments: 7104.0000

Multi Family

  • WaterfrontFeatures: Lake Front, River View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jul 29, 2024
Sold by
Str Investments Llc
Bought by
Alseth Randall E
Seller's Agent
Mary Rufledt
Elite Realty Group, LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$559,900
Sold Price
$510,000
Premium/Discount to List
-$49,900
-8.91%
Views
158
Current Estimated Value
$513,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,576

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jul 26, 2024
Sold by
Reynolds Martin
Bought by
Str Investments Llc
Seller's Agent
Mary Rufledt
Elite Realty Group, LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$559,900
Sold Price
$510,000
Premium/Discount to List
-$49,900
-8.91%
Views
158

Purchase Details

Closed on
May 2, 2022
Sold by
Reynolds and Patricia
Bought by
John Dusek Iii
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alseth Randall E $510,000 Attorney Adam B. Rasmussen
Str Investments Llc $500,000 Attorney Adam B. Rasmussen
John Dusek Iii $500,000 Rusk County Abstract
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $510,000 +2.0% $91 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
05/19/2024 05/19/24 Price Changed $499,999 -2.9% $89 / Sq Ft
02/06/2024 02/06/24 Price Changed $514,900 -1.9% $92 / Sq Ft
01/27/2024 01/27/24 Price Changed $524,900 -6.3% $93 / Sq Ft
01/17/2024 01/17/24 For Sale $559,900 -- $100 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,196 $282,800 $35,900 $246,900
2023 $7,104 $282,800 $35,900 $246,900
2022 $7,337 $282,800 $35,900 $246,900
2021 $7,584 $282,800 $35,900 $246,900
2020 $7,749 $282,800 $35,900 $246,900
2019 $7,705 $282,800 $35,900 $246,900
2018 $8,279 $320,900 $35,900 $285,000
2017 $8,852 $387,300 $33,000 $354,300
2016 $8,539 $387,300 $33,000 $354,300
2015 $9,979 $387,300 $33,000 $354,300
2014 $8,813 $387,300 $33,000 $354,300
2013 $8,189 $387,300 $33,000 $354,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6478489

NorthstarMLS

APN: 246-03464-0000