NOT LISTED FOR SALE

11566 Rays Dr Presque Isle, WI 54557

Estimated Value: $409,000 - $621,000

2 Beds
2 Baths
1,824 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $258,000 $141 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,873/month

365 Days on Market

Highlights

  • Lake Front
  • Docks
  • Hot Water Heating System
  • North Lakeland Elementary School Rated A
  • Views
  • 2 Car Garage

About This Home

As of June 2020

This is it! Great price on a great lake. A comfortable, well-built 2 bedroom, 2 bath year 'round home with a detached garage on sought-after, no-public-access Armour Lake in Presque Isle for under $300,000! The spacious living room on the main level and family room on the fully finished lower level provide plenty of gathering space for family and friends. You will enjoy the easy, gradual walk to the lake to take in the gorgeous views. Armour is 328 acres with a maximum depth of 56', has 4 islands and is known for its fine fishery with musky, panfish, large and smallmouth bass, northern pike and walleye. Don't let this one get away.

Last Agent to Sell the Property

BARBARA PECK

HEADWATERS REAL ESTATE Listed on: 05/01/2020

Last Buyer's Agent

Brenda Thompson

NORTHWOODS BEST REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 1971

Lot Details

  • 1.5 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Sloped Lot

Parking

  • 2 Car Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Free Standing Fireplace
  • Stone Fireplace
  • Carpet
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Docks

Schools

  • North Lakeland Elementary School
  • Lakeland Union High School

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Drilled Well
  • Propane Water Heater
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 22-303

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,275

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road
  • Water Body Name: ARMOUR
  • Ownership: Fee Simple
  • Directions: From Presque Isle East on Hwy B to RT on Crab Lake Rd 1.5 miles to LT on Rays Dr. to sign at 11566.
  • Above Grade Finished Sq Ft: 912.0
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1971
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Microwave, Propane Water Heater, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 912.0
  • Fireplace Features: Free Standing, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Mixed

Exterior Features

  • Lot Features: Lake Front, Sloped
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Propane Tank - Owned
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes
  • Water Source: Drilled Well

Schools

  • Elementary School: VI North Lakeland
  • High School: ON Lakeland Union

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 22-303
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2275.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 22, 2020
Sold by
Kawka Sebastian A
Bought by
Haas Matthew J and Olsen Sarah A
Seller's Agent
BARBARA PECK
HEADWATERS REAL ESTATE
Buyer's Agent
Brenda Thompson
NORTHWOODS BEST REAL ESTATE
List Price
$319,000
Sold Price
$258,000
Premium/Discount to List
-$61,000
-19.12%
Current Estimated Value
$512,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,307
Avg. Annual Appreciation
13.68%
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
Haas Matthew J $258,000 Vilas Title Service Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2020 06/22/20 Sold $258,000 -19.1% $141 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/15/2019 06/15/19 For Sale $319,000 -- $175 / 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 $2,226 $279,500 $183,600 $95,900
2023 $1,950 $279,500 $183,600 $95,900
2022 $1,870 $279,500 $183,600 $95,900
2021 $1,987 $279,500 $183,600 $95,900
2020 $2,013 $279,500 $183,600 $95,900
2019 $2,305 $300,000 $183,600 $116,400
2018 $2,275 $300,000 $183,600 $116,400
2017 $2,415 $360,000 $243,600 $116,400
2016 $2,337 $360,000 $243,600 $116,400
2015 $2,330 $360,000 $243,600 $116,400
2014 $2,356 $360,000 $243,600 $116,400
2013 $2,549 $360,000 $243,600 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 178967

Greater Northwoods MLS

APN: 22-303