NOT LISTED FOR SALE

11478 Butternut Lake Rd Butternut, WI 54514

Estimated Value: $278,000 - $485,000

2 Beds
2 Baths
1,120 Sq Ft
$337/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $195,000 $174 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,295/month

317 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Wooded Lot
  • Guest House
  • Private Lot
  • Radiant Floor

About This Home

As of June 2017

IMMACULATE RETREAT. This like new 1120 sq ft ranch home is hidden on a very private and secluded Butternut Lake lot with 186' of sunset view sandy frontage. Butternut is a 1006 acre lake noted for its Musky and Walleye fishing. The low maintenance home has a knotty pine cathedral ceiling, great room stone fireplace, tile floors, pretty landscaping, newly paved driveway and a lovely stone patio. AS A BONUS there is a charming tamarack full log guest cabin with 2 rooms, full bath and a fieldstone fireplace. A lot of bang for the buck!

Last Agent to Sell the Property

Derek Larson

FIRST WEBER - MINOCQUA Listed on: 08/09/2016

FIRST WEBER - MINOCQUA

Last Buyer's Agent

NON NON MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 2001

Lot Details

  • 0.67 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Rural Setting
  • West Facing Home
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Log Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Stove
  • Stone Fireplace
  • Gas Fireplace
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Schools

  • Butternut Elementary And Middle School
  • Butternut High School

Utilities

  • Heating System Uses Propane
  • Drilled Well
  • Propane Water Heater

Additional Features

  • Patio
  • Guest House

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number 006-00265-0200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,837

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road, Town Road
  • Road Surface Type: Paved
  • Water Body Name: BUTTERNUT
  • Ownership: Fee Simple
  • Directions: From Park Falls go app. 4 miles north on Hwy 13 to left on Cutoff Rd, approx .2 mile to left on Butternut Lake Rd to subject property.
  • Above Grade Finished Sq Ft: 1120.0
  • Architectural Style: Cabin, One Story
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Propane Water Heater, Refrigerator, Washer/Dryer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Multiple, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Additional Living Quarters, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Main Level Primary, Skylights, Vaulted Ceiling(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Easy Access, Lake Front, Private, Rolling Slope, Rural Lot, Secluded, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log, Vinyl Siding
  • Direction Faces: West
  • Exterior Features: Landscaping, Patio, Propane Tank - Leased
  • Foundation Details: Slab
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Main Level
  • Heating: Propane, Radiant Floor
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Park, Recreation Area

Schools

  • Elementary School: AS Butternut
  • High School: AS Butternut
  • Middle Or Junior School: AS Butternut

Lot Info

  • Lot Size Sq Ft: 29185.0
  • Parcel #: 006-00265-0200

Tax Info

  • Tax Annual Amount: 2837.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Jun 20, 2017
Sold by
David K Graf
Bought by
Olson Kevin O and Olson Julie A
Seller's Agent
Derek Larson
FIRST WEBER - MINOCQUA
Buyer's Agent
NON NON MEMBER
NON-MEMBER
List Price
$203,000
Sold Price
$195,000
Premium/Discount to List
-$8,000
-3.94%
Current Estimated Value
$377,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,539
Avg. Annual Appreciation
8.27%
Original Mortgage
$175,500
Outstanding Balance
$144,352
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$233,187
Source: Public Records

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
Olson Kevin O $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Kevin O $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $195,000 -3.9% $174 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
08/09/2016 08/09/16 For Sale $203,000 -- $181 / 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 $3,532 $211,300 $75,300 $136,000
2023 $3,053 $211,300 $75,300 $136,000
2022 $2,992 $211,300 $75,300 $136,000
2021 $3,707 $211,300 $75,300 $136,000
2020 $3,706 $211,300 $75,300 $136,000
2019 $3,723 $211,300 $75,300 $136,000
2018 $3,079 $194,700 $75,300 $119,400
2017 $2,865 $199,600 $90,500 $109,100
2016 $2,902 $199,600 $90,500 $109,100
2015 $3,287 $199,600 $90,500 $109,100
2014 $3,032 $199,600 $90,500 $109,100
2013 $3,491 $199,600 $90,500 $109,100
Source: Public Records

Agents Affiliated with this Home

  • Derek Larson

    Seller's Agent in 2017

    Derek Larson

    FIRST WEBER - MINOCQUA

    (715) 360-2364

    179 Total Sales

    Derek Larson
    Section Image

  • N

    Buyer's Agent in 2017

    NON NON MEMBER

    NON-MEMBER

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Map

Source: Greater Northwoods MLS

MLS Number: 160158

Greater Northwoods MLS

APN: 006-00265-0200

Wisconsin Ashland County Butternut 54514

11478 Butternut Lake Rd, Butternut, WI

This home is located at 11478 Butternut Lake Rd, Butternut, WI 54514 since 09 August 2016 and is currently estimated at $377,539, approximately $337 per square foot. This property was built in 2001. 11478 Butternut Lake Rd is a home located in Ashland County with nearby schools including Promethean Charter School, Glidden Class Act Charter School, and St. Anthony of Padua Catholic 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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