NOT LISTED FOR SALE

11587 Rustic Retreat Dr Unit Lot 5 Minocqua, WI 54548

Estimated Value: $823,000 - $912,000

6 Acres
$149,720 Price per Acre
252,648 Sq Ft Lot

Last Sold September 25, 2015

Last sale price $46,500

Est. 1,734% increase in value since last sale

Current estimated payment $5,081/month

64 Days on Market

Highlights

  • Lake Front
  • 252,648 Sq Ft lot
  • Shops
  • Docks
  • Open Space
  • Landscaped

About This Lot

As of September 2015

SHISHEBOGAMA LAKE CONDO LOT 5 - Enjoy an incredible view of Lake Shishebogama! Rustic Retreat Luxury Condominiums will all have the Northwoods Rustic look, but are anything but rustic! All the perks without all the fuss...pier installed, snow/garbage removal, yard maintenance! The last site lakeside! Lake Shishebogama is a 700+ acre lake and connects through a channel to Gunlock Lake. Both lakes are full recreation and good fishery. Quality lake property is hard to come by at this price. A few minutes from Minocqua/Woodruff and all its amenities. Sellers are motivated!

Last Agent to Sell the Property

ERIK JOHNSON

RE/MAX PROPERTY PROS Listed on: 07/06/2015

Last Buyer's Agent

ERIK JOHNSON

RE/MAX PROPERTY PROS Listed on: 07/06/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,100

Lot Details

  • 5.8 Acre Lot
  • Lake Front
  • Open Space
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Zoning described as Multi-Family

Property Views

  • Water Views

Schools

  • Mhlt Elementary School
  • Northland Pines Middle School
  • Lakeland Union High School

Utilities

  • Water Not Available
  • Shared Septic
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number MI 7154

Community Details

Recreation

  • Docks

Additional Features

  • Rustic Retreat Condo Subdivision
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$1,100

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: SHISHEBOGAMA
  • Ownership: Condominium
  • Subdivision Name: Rustic Retreat Condo
  • Directions: Hwy 70 West, right on Hartman Rd, right at Rustic Retreat Condominiums
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Dead End, Easy Access, Lake Front, Level, Open Space, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Other
  • Exterior Features: Dock, Landscaping

Utilities

  • Heating: Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Conventional Sewer, Shared Septic
  • Utilities: Electricity Available, Phone Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Quiet Area, Shopping
  • Association Fee: 181.0

Schools

  • Elementary School: ON MHLT
  • High School: ON Lakeland Union
  • Middle Or Junior School: VI Northland Pines

Lot Info

  • Lot Size Sq Ft: 252648.0
  • Parcel #: MI 7154
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Sep 25, 2015
Sold by
Potter Jeffrey R
Bought by
Jablonski-Kelly Family Living Trust Dated Aug
Seller's Agent
ERIK JOHNSON
RE/MAX PROPERTY PROS
Buyer's Agent
ERIK JOHNSON
RE/MAX PROPERTY PROS
List Price
$54,900
Sold Price
$46,500
Premium/Discount to List
-$8,400
-15.3%
Current Estimated Value
$852,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,493
Avg. Annual Appreciation
34.44%

Purchase Details

Listed on
Oct 1, 2013
Closed on
Feb 6, 2015
Sold by
Wisconsin Bank & Trust F/K/A Wisconsin Commun
Bought by
Potter Jeffrey R
Seller's Agent
ERIK JOHNSON
RE/MAX PROPERTY PROS
Buyer's Agent
ERIK JOHNSON
RE/MAX PROPERTY PROS
List Price
$79,000
Sold Price
$49,000
Premium/Discount to List
-$30,000
-37.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.98%

Purchase Details

Closed on
Mar 11, 2013
Sold by
Wisconsin Community Bank
Bought by
Rustic Retreat Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jablonski-Kelly Family Living Trust Dated Aug $46,500 --
Potter Jeffrey R $49,000 --
Rustic Retreat Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $46,500 -15.3% --
09/25/2015 09/25/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $54,900 +12.0% --
02/06/2015 02/06/15 Sold $49,000 -38.0% --
02/06/2015 02/06/15 Pending -- -- --
10/01/2013 10/01/13 For Sale $79,000 -- --
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 $5,198 $514,100 $77,200 $436,900
2023 $5,119 $514,100 $77,200 $436,900
2022 $4,263 $514,100 $77,200 $436,900
2021 $4,826 $514,100 $77,200 $436,900
2020 $4,272 $514,100 $77,200 $436,900
2019 $3,911 $392,400 $77,200 $315,200
2018 $3,803 $392,400 $77,200 $315,200
2017 $2,074 $220,700 $77,200 $143,500
2016 $777 $77,200 $77,200 $0
2015 $1,100 $112,300 $112,300 $0
2014 $1,100 $112,300 $112,300 $0
2011 $1,263 $147,000 $147,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 152021

Greater Northwoods MLS

APN: MI 7154