$130,000
SOLD AUG 31, 2022

118 S Oak St Lake Mills, WI 53551

2 Beds
2 Baths
916 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

13% Below List Price

30 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Bungalow
  • Corner Lot
  • Breakfast Bar
  • Outdoor Storage

About This Home

As of August 2022

Brand new on the market is this cozy 2 bedroom home with various updates and improvements. Both the main level and the upper level have an updated 3/4 bath with shower. Super location on corner lot within easy walking distance to downtown Lake Mills and beautiful Rock Lake, plus easy access to I-94. This home is very affordable and would be a great first home or investment property. Why rent, when you can own a home for less than renting one? Home is being sold in "as is" condition.

Last Agent to Sell the Property

Sandra Schmidt

Schmidt Real Estate, LLC License #29348-90 Listed on: 07/06/2022

Last Buyer's Agent

James Lang

The Lang Group License #45091-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 31x134
  • Corner Lot

Parking

  • Unpaved Parking

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 916 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Schools

  • Lake Mills Elementary And Middle School
  • Lake Mills High School

Utilities

  • Forced Air Cooling System
  • Water Softener Leased

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,265

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Municipality: Lake Mills
  • Status Detail: Sold
  • Mailing City: Lake Mills
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 2 story
  • Architecture: Bungalow
  • Items Excluded: Personal property of sellers, pot/pan hanging rack in kitchen, water softener (rented), 2 dehumidifiers, basement workbench, lg outdoor stone planter.
  • Items Included: Stove, refrigerator, garbage disposal, rolling kitchen cabinet with countertop, kitchen breakfast bar stools (2), Bose surround sound system, all window coverings, green armoire in master bedroom, washer, dryer, metal shelving in basement, storage shed.
  • Year Built: 1890
  • Above Grade Price Per Sq Ft: 163.65
  • Above Grade Sold Price Per Sq Ft: 141.92
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 916
  • Finished Sq Ft: 916
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 2
  • Master Bedroom: Dimensions: 11x13, On Level: U
  • Bedroom 2: Dimensions: 9x10, On Level: U
  • Kitchen: Dimensions: 9x16, On Level: M
  • Kitchen Features: Breakfast bar, Range/Oven, Refrigerator, Disposal
  • Living Room: Dimensions: 11x17, On Level: M
  • Dining Room: Dimensions: 10x11, On Level: M
  • Basement: Partial
  • Interior Amenities: Wood or sim. wood floor, Washer, Dryer, Water softener RENTED
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Storage building

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • School District: Lake Mills
  • Elementary School: Lake Mills
  • Middle School: Lake Mills
  • High School: Lake Mills
  • Elementary School: Lake Mills
  • High School: Lake Mills
  • Middle School: Lake Mills
  • School District: Lake Mills

Lot Info

  • Assessor Parcel Number: 246-0713-1321-096
  • Estimated Aces: 0.09
  • Lot Description: Corner, Sidewalk
  • Lot Dimensions: 31x134
  • Zoning: Res
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 18500
  • Improvements: 92200
  • Total Assessment: 110700
  • Assessment year: 2021
  • Net Taxes: 2265
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2017
Closed on
May 24, 2017
Sold by
Panczenko Dennis A
Bought by
Potts Kassandra and Kucken Jeryd W
Seller's Agent
Barbara Nahmens
RE/MAX Community Realty
Buyer's Agent
Bob Meixner
Century 21 Affiliated
List Price
$114,000
Sold Price
$107,000
Premium/Discount to List
-$7,000
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$103,790
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2006
Sold by
Mess Patrick
Bought by
Panczenko Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,200
Interest Rate
6.36%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Warranty Deed $107,000 None Available
Warranty Deed $81,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,150 New Conventional
Closed $103,790 New Conventional
Previous Owner $16,200 Stand Alone Second
Previous Owner $64,800 Adjustable Rate Mortgage/ARM
Previous Owner $67,000 Unknown
Previous Owner $12,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $249,000 -2.7% $272 / Sq Ft
05/01/2025 05/01/25 For Sale $256,000 +96.9% $279 / Sq Ft
08/31/2022 08/31/22 Sold $130,000 -13.3% $142 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $149,900 +40.1% $164 / Sq Ft
05/24/2017 05/24/17 Sold $107,000 -6.1% $117 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
01/28/2017 01/28/17 For Sale $114,000 -- $124 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

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 $2,367 $110,700 $18,500 $92,200
2023 $2,419 $110,700 $18,500 $92,200
2022 $2,310 $110,700 $18,500 $92,200
2021 $2,265 $110,700 $18,500 $92,200
2020 $2,177 $110,700 $18,500 $92,200
2019 $2,212 $110,700 $18,500 $92,200
2018 $2,101 $94,200 $18,300 $75,900
2017 $2,075 $94,200 $18,300 $75,900
2016 $2,100 $94,200 $18,300 $75,900
2015 $2,034 $94,200 $18,300 $75,900
2014 $2,043 $94,200 $18,300 $75,900
2013 $2,093 $94,200 $18,300 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1938596

South Central Wisconsin Multiple Listing Service

APN: 246-0713-1321-096