NOT LISTED FOR SALE

10234 Falcon Ridge Rd Unit 5 Minocqua, WI 54548

Estimated Value: $465,633 - $481,000

4 Beds
3 Baths
2,814 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $450,000 $160 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,869/month

62 Days on Market

Highlights

  • Lake Front
  • Chalet
  • Cathedral Ceiling
  • Docks
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of October 2023

Serene Patricia Lake Chalet on a peaceful tree lined dead end road. A spacious 3000+ sq ft and large 32x36 attached garage allows room to live and entertain. Located about 3 miles from Hwy 51 off of Hwy 70 by the Minocqua Park Complex this 4bdrm, 3 full bath home offer so much! Great Room with lakeviews from the dual patio doors flanking the three-sided fireplace. Kitchen with Maple cabinets, breakfast bar and ample dining area can extend out onto the large deck. Main floor Primary Suite with large private bath, 2 additional bdrms, guest bath and mud/laundry room leading to the garage. Walk-out lower level has Family Rm with wet bar, sliding doors to concrete patio, a large Rec Room, 3rd bath, lakeside bedroom (seller uses as an art studio) and large utility/storage room with second laundry hook-up. Artfully landscaped and includes a firepit. Close to conveniences without going though downtown traffic. High speed internet. No wake lake for the silent sports and peaceful enjoyment.

Last Listed By

Lisa Fricke

SHOREWEST - MINOCQUA Listed on: 08/03/2023

SHOREWEST - MINOCQUA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 2005

Lot Details

  • 4.33 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Landscaped

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Chalet
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • French Doors
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Shared Well
  • Gas Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

  • Patricia Lake Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7249

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,464

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: PATRICIA
  • Ownership: Condominium
  • Subdivision Name: Patricia Lake Estate
  • Directions: Hwy 51 N to Hwy 70W turn left, go 2.6 miles to Camp Pinemere Rd (after Minocqua Park Complex) turn left and follow to 1st Rd on Left FALCON RIDGE RD (after multiple mailboxes) follow to 2nd house from the end. NO. 10234
  • Above Grade Finished Sq Ft: 1568.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Water Purifier
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1246.0
  • Door Features: French Doors
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), Main Level Primary, Cable TV

Exterior Features

  • Lot Features: Dead End, Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar
  • Exterior Features: Dock, Landscaping, Paved Driveway
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Three or more Spaces, Storage

Utilities

  • Laundry Features: Washer Hookup, In Basement, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Shared Well

Schools

  • Elementary School: ON MHLT
  • High School: ON Lakeland Union

Lot Info

  • Lot Size Sq Ft: 188615.0
  • Parcel #: 7249

Tax Info

  • Tax Annual Amount: 2464.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2024
Sold by
Jahnke David and Benita J Carlson Living Trust
Bought by
Peskaitis Stanley and Peskaitis Patricia A
Total Days on Market
62
Current Estimated Value
$472,158

Purchase Details

Listed on
Aug 3, 2023
Closed on
Oct 10, 2023
Sold by
Sullivan Family Legacy Trust
Bought by
Peskaitis Stanley and Peskaitis Patricia A
Seller's Agent
Lisa Fricke
SHOREWEST - MINOCQUA
Buyer's Agent
Lisa Fricke
SHOREWEST - MINOCQUA
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%

Purchase Details

Closed on
Jan 29, 2019
Sold by
Sullivan Dan J and Sullivan Dianna M
Bought by
Zelich Brianna M and Sullivan Family Legacy Trust

Purchase Details

Closed on
Oct 24, 2014
Sold by
Edward A Edward A and Rynders Janet
Bought by
Sullivan Dan J and Sullivan Dianna M

Range of Values:

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Average Value
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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
Peskaitis Stanley -- None Listed On Document
Peskaitis Stanley $450,000 Knight Barry Title
Zelich Brianna M -- None Available
Sullivan Dan J -- Northwoods Title
Rynders Edward A $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Family Legacy Trust $250,000
Previous Owner Rynders Edward A $14,286
Previous Owner Rynders Edward $207,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $450,000 +5.9% $160 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $425,000 -- $151 / 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 $3,020 $298,700 $32,500 $266,200
2023 $2,849 $286,100 $32,500 $253,600
2022 $2,464 $303,600 $50,000 $253,600
2021 $2,850 $303,600 $50,000 $253,600
2020 $2,455 $303,600 $50,000 $253,600
2019 $2,445 $252,400 $60,500 $191,900
2018 $2,352 $252,400 $60,500 $191,900
2017 $2,318 $252,400 $60,500 $191,900
2016 $2,441 $252,400 $60,500 $191,900
2015 $2,380 $252,400 $60,500 $191,900
2014 $2,380 $252,400 $60,500 $191,900
2011 $2,512 $301,400 $85,000 $216,400
Source: Public Records

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Source: Greater Northwoods MLS

MLS Number: 203066

Greater Northwoods MLS

APN: 01601-7249-0000