NOT LISTED FOR SALE

1081 Reed Rd Three Lakes, WI 54562

Estimated Value: $739,000 - $862,000

3 Beds
2 Baths
2,334 Sq Ft
$350/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $525,000 $225 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,906/month

41 Days on Market

Highlights

  • Lake Front
  • Deck
  • Private Lot
  • Docks
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of June 2020

Do you hear that? The slower paced "Up North" lifestyle of lakefront living is calling you with this custom built, full Log Home on Little Fork Lake, part of the Three Lakes Chain. Sitting on 5.85 acres, there is privacy aplenty and the 169 feet of water frontage afford you space from the neighboring parcels. The 3BR/2BA house is approximately 2,300+ sq. ft. and features maple flooring, a towering stone fireplace, newly renovated bathrooms, newer stainless steel kitchen appliances, and newer carpeting. There is 1BR/1BA on the main floor, 2BRs/1BA on the upper level, and the lower level features a family room and bonus room that would be well suited for an at home office. The perennial flowers hug the covered porch and open sundeck, while the black top drive leads you to the 2 car attached garage. Other notables are the extensive landscaping, lakeside shed with electricity, firepit, U-shaped pier and back up generator.

Last Agent to Sell the Property

Judy Barr

RE/MAX PROPERTY PROS License #56603 - 90 Listed on: 05/13/2020

RE/MAX PROPERTY PROS

Last Buyer's Agent

Jim Mulleady

SHOREWEST - EAGLE RIVER License #50901 - 90

SHOREWEST - EAGLE RIVER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,229

Year Built

  • Built in 1988

Lot Details

  • 5.89 Acre Lot
  • Lot Dimensions are 160x1136
  • Lake Front
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Stone Fireplace
  • Property Views

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Shed
  • Outbuilding

Schools

  • Three Lakes Elementary And Middle School
  • Three Lakes High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 03601-1257-0005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,229

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 160x1136
  • Water Body Name: LITTLE FORK
  • Ownership: Fee Simple
  • Directions: Hwy 45S to Left onto Hwy 32. Left onto CTH X. Right onto Reed Rd. Fire #1081 on the Right. Sign marks the driveway.
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Disposal, Gas Water Heater, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 734.0
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Buildable, Lake Front, Private, Secluded, Sloped, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Gravel, Lake Front
  • Waterfront: Yes
  • Construction Type: Log
  • Exterior Features: Dock, Landscaping, Out Building(s), Shed, Gravel Driveway, Paved Driveway
  • Foundation Details: Block
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Driveway

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping, Skiing

Schools

  • Elementary School: ON Three Lakes
  • High School: ON Three Lakes
  • Middle Or Junior School: ON Three Lakes

Lot Info

  • Lot Size Sq Ft: 256568.0
  • Parcel #: 03601-1257-0005
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4229.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Erickson Matthew T and Erickson Susan
Bought by
Erickson Matthew T and Erickson Susan
Current Estimated Value
$816,414

Purchase Details

Listed on
May 13, 2020
Closed on
Jun 19, 2020
Sold by
Miller Joseph P and Miller Jane E
Bought by
Erickson Matthew T and Erickson Susan
Seller's Agent
Judy Barr
RE/MAX PROPERTY PROS
Buyer's Agent
Jim Mulleady
SHOREWEST - EAGLE RIVER
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%

Purchase Details

Listed on
Jun 3, 2015
Closed on
Apr 29, 2016
Sold by
Peterman Robert J and Peterman Mary Ellen
Bought by
Miller Joseph P and Miller Jane E
Seller's Agent
Julie Winter-Paez
RE/MAX PROPERTY PROS
Buyer's Agent
Judy Barr
RE/MAX Property Pros
List Price
$495,000
Sold Price
$387,500
Premium/Discount to List
-$107,500
-21.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Erickson Matthew T -- None Available
Erickson Matthew T $525,000 None Available
Miller Joseph P $387,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterman Robert J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $525,000 0.0% $225 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $525,000 +35.5% $225 / Sq Ft
04/29/2016 04/29/16 Sold $387,500 -21.7% $192 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
06/05/2015 06/05/15 For Sale $495,000 -- $245 / 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 $5,480 $441,900 $230,000 $211,900
2023 $5,434 $441,900 $230,000 $211,900
2022 $4,517 $441,900 $230,000 $211,900
2021 $5,163 $441,900 $230,000 $211,900
2020 $4,217 $404,700 $230,000 $174,700
2019 $4,229 $404,700 $230,000 $174,700
2018 $4,234 $404,700 $230,000 $174,700
2017 $4,036 $404,700 $230,000 $174,700
2016 $4,816 $543,000 $294,000 $249,000
2015 $5,616 $613,200 $315,000 $298,200
2014 $5,616 $613,200 $315,000 $298,200
2011 $5,568 $613,200 $315,000 $298,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Northwoods MLS

MLS Number: 184326

Greater Northwoods MLS

APN: TL 1257 5