$2,600,000
SOLD FEB 10, 2023

10114 Cove Rd Minocqua, WI 54548

5 Beds
4.5 Baths
4,286 Sq Ft
2.13 Acres

Recently Sold

$607 Per Sq Ft

13% Below List Price

105 Days on Market

Highlights

  • Boathouse
  • Docks
  • Chalet
  • Lake Front
  • Spa
  • Deck

About This Home

As of February 2023

Stunning northwoods luxury property on prestigious Lake Kawagasauga. This five-bedroom and five-bathroom log-sided chalet is finely finished for a pampered year-round life on the lake. Western views across the lake to conserved University of Wisconsin land for picture perfect sunsets around a campfire. Lakefront you’ll have a dry boathouse, a stout permanent pier and sand bottom. An attractive covered front porch, a screened porch, and a lake-facing deck offer outdoor living space. The three-car-plus detached garage is ready for your creative second floor adaptation. The home is refined with high end finishes like soapstone counters, solid wood floors, quality tilework, and craftsmanship at every turn. Two massive fieldstone fireplaces enhance a comfortable northwoods setting. Finished walk-out lower-level recreation room is tastefully well-appointed. Enjoy four seasons of living your best life on the nearly 6,000 acre Minocqua Chain of lakes with water access to fun, food, and drink.

Last Agent to Sell the Property

STEVEN PETERSEN

STEVE PETERSEN REALTY Listed on: 10/03/2022

Last Buyer's Agent

Renee Rasmussen

REDMAN REALTY GROUP, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,408

Year Built

  • Built in 2003

Lot Details

  • 2.13 Acre Lot
  • Lot Dimensions are 200x424
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • West Facing Home
  • Dog Run
  • Property has an invisible fence for dogs
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 3 Car Detached Garage
  • Heated Garage

Home Design

  • Chalet
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Log Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Water Views
  • Home Security System

Kitchen

  • <<builtInOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Outdoor Features

  • Spa
  • Boathouse
  • Docks
  • Deck
  • Open Patio

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Uses Steam
  • Drilled Well
  • Propane Water Heater
  • Water Softener
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 01601-2300-0007

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,408

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 200x424
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: KAWAGUESAGA (Kewasokogan)
  • Ownership: Fee Simple
  • Directions: From Torpy Park in Minocqua, south 3 miles to Blue Lake Road. 1.3 miles west to Agawak Road. North .8 miles to Streator Road. .8 miles to a right on Cove Road, a private road. .6 miles to property at 10114 Cove Road.
  • Above Grade Finished Sq Ft: 2853.0
  • Architectural Style: Chalet/Alpine, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Exhaust Fan, Humidifier, Microwave, Propane Water Heater, Refrigerator, Water Softener, Washer
  • Has Basement: Daylight, Egress Windows, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1431.0
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Tile, Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Hot Tub/Spa, Jetted Tub, Bath in Primary Bedroom, Main Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Fencing: Invisible
  • Lot Features: Dead End, Lake Front, Private, Secluded, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding, Stone
  • Direction Faces: West
  • Exterior Features: Dock, Dog Run, Sprinkler/Irrigation, Landscaping, Patio, Propane Tank - Owned
  • Foundation Details: Poured
  • Other Structures: Boat House
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage, Heated Garage, Storage

Utilities

  • Laundry Features: Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Water, Propane, Radiant Floor, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 92616.0
  • Parcel #: 01601-2300-0007

Tax Info

  • Tax Annual Amount: 14408.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Geiger Christy A
Bought by
Christy A Geiger Minocqua Qualified Personal and Geiger
Current Estimated Value
$2,835,912

Purchase Details

Listed on
Oct 3, 2022
Closed on
Feb 3, 2023
Sold by
Properties Just 4 U Llc
Bought by
Geiger Revocable Trust
Seller's Agent
STEVEN PETERSEN
STEVE PETERSEN REALTY
Buyer's Agent
Renee Rasmussen
REDMAN REALTY GROUP, LLC
List Price
$2,999,000
Sold Price
$2,600,000
Premium/Discount to List
-$399,000
-13.3%
Views
298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%

Purchase Details

Closed on
Oct 6, 2020
Sold by
Welak Eric J
Bought by
Properties Just 4 U Llc

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 27, 2019
Sold by
Kraemer William J and Kraemer Jennifer N
Bought by
Welak Eric J
Seller's Agent
THE BIRD TEAM (TOM AND MICHELLE)
FIRST WEBER - MINOCQUA
Buyer's Agent
STEVEN PETERSEN
REDMAN REALTY GROUP, LLC
List Price
$2,000,000
Sold Price
$1,850,000
Premium/Discount to List
-$150,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$1,202,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $2,600,000 Oneida Title
Quit Claim Deed -- None Available
Warranty Deed $1,850,000 Northwoods Ttl & Closing Svc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,202,500 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $2,600,000 -13.3% $607 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $2,999,000 0.0% $700 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/18/2022 10/18/22 Price Changed $2,999,000 -14.3% $700 / Sq Ft
10/03/2022 10/03/22 For Sale $3,500,000 +89.2% $817 / Sq Ft
07/18/2019 07/18/19 Sold $1,850,000 -7.5% $433 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $2,000,000 -- $468 / Sq Ft
Source: Greater Northwoods MLS

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 $16,989 $1,680,300 $622,400 $1,057,900
2023 $16,731 $1,680,300 $622,400 $1,057,900
2022 $14,371 $1,680,300 $622,400 $1,057,900
2021 $15,774 $1,680,300 $622,400 $1,057,900
2020 $14,193 $1,680,300 $622,400 $1,057,900
2019 $10,355 $1,030,100 $410,800 $619,300
2018 $10,038 $1,030,100 $410,800 $619,300
2017 $9,801 $1,030,100 $410,800 $619,300
2016 $10,335 $1,030,100 $410,800 $619,300
2015 $10,053 $1,030,100 $410,800 $619,300
2014 $10,053 $1,030,100 $410,800 $619,300
2011 $10,956 $1,279,100 $608,300 $670,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    STEVEN PETERSEN

    STEVE PETERSEN REALTY

    19 Total Sales

    STEVEN PETERSEN
    Section Image
  • Renee Rasmussen

    Buyer's Agent in 2023

    Renee Rasmussen

    REDMAN REALTY GROUP, LLC

    (715) 351-9751

    147 Total Sales

    Renee Rasmussen
    Section Image
See All Agents

Map

Source: Greater Northwoods MLS

MLS Number: 199231

Greater Northwoods MLS

APN: MI 2300 7

Wisconsin Oneida County Minocqua 54548

10114 Cove Rd, Minocqua, WI

This home is located at 10114 Cove Rd, Minocqua, WI 54548 and is currently priced at $2,600,000, approximately $606 per square foot. This property was built in 2003. 10114 Cove Rd is a home located in Oneida County with nearby schools including Lakeland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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