NOT LISTED FOR SALE

1186 Drager Rd Eagle River, WI 54521

Estimated Value: $462,000 - $677,000

4 Beds
2 Baths
2,400 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $275,000 $115 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,247/month

79 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Cathedral Ceiling
  • Docks
  • Deck
  • Recreation Facilities

About This Home

As of September 2016

EAGLE RIVER - DRAGER RD. -Mint condition 4 bedroom home on the Eagle River part of the 28 lake Eagle River/Three Lakes chain. Pride of ownership is evident throughout this home. The main floor features a large living room with water views, dining room, kitchen with granite countertops, updated bath with walk-in shower and two bedrooms. The finished lower level has a spacious family room, 2 bedrooms with water views and bath. The waterside deck with Southern exposure is a great place to watch the sunrises or sunsets. At the water's edge is a permanent pier and covered boat lift and there is an in-ground irrigation system. The 3 car garage is heated and has plenty of storage. There is a lot here for the money. Make your plans to view today.

Last Agent to Sell the Property

Bob Merz

RE/MAX PROPERTY PROS License #56837 - 94 Listed on: 07/01/2016

RE/MAX PROPERTY PROS

Last Buyer's Agent

John Sarama

ELIASON REALTY - LAND O LAKES License #48469 - 94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 1986

Lot Details

  • 0.61 Acre Lot
  • Lake Front
  • River Front
  • South Facing Home
  • Zoning described as Recreational

Parking

  • 3 Car Detached Garage
  • Heated Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Docks
  • Deck
  • Open Patio

Schools

  • Northland Pines-Er Elementary School
  • Northland Pines Middle School
  • Northland Pines High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Drilled Well

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number 1514

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,078

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront, River
  • Road Frontage Type: Town Road
  • Water Body Name: Eagle River
  • Ownership: Fee Simple
  • Directions: Hwy 45N left on Illinois, 2 miles left on Drager to #1186 and sign on left.
  • Above Grade Finished Sq Ft: 1400.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: Gas, Multiple
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front, River Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame, Wood Siding
  • Direction Faces: South
  • Exterior Features: Boat Slip, Dock
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage, Heated Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Recreation Area

Schools

  • Elementary School: VI Northland Pines-ER
  • High School: VI Northland Pines
  • Middle Or Junior School: VI Northland Pines

Lot Info

  • Lot Size Sq Ft: 26572.0
  • Parcel #: 1514
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 2078.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Sep 23, 2016
Sold by
Merkel Darrell and Merkel Karen
Bought by
Bunter Kenneth J and Fam Kathleen C Bunter
Seller's Agent
Bob Merz
RE/MAX PROPERTY PROS
Buyer's Agent
John Sarama
ELIASON REALTY - LAND O LAKES
List Price
$299,500
Sold Price
$275,000
Premium/Discount to List
-$24,500
-8.18%
Current Estimated Value
$581,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,160
Avg. Annual Appreciation
8.58%
Original Mortgage
$200,000
Outstanding Balance
$159,855
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$421,305

Purchase Details

Closed on
Feb 22, 2016
Sold by
Merkel Karen
Bought by
Merkel Karen and Merkel Darrell

Purchase Details

Closed on
May 18, 2006
Sold by
Wrecke George and Wrecke Eugenia
Bought by
Merkel Karen Lynn
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
Bunter Kenneth J $275,000 Vilas Title Service Inc
Merkel Karen -- None Available
Merkel Karen Lynn $181,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunter Kenneth J $200,000
Closed Merkel Karen Lynn $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $275,000 -8.2% $115 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $299,500 -- $125 / 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 $2,387 $447,900 $119,700 $328,200
2023 $2,597 $447,900 $119,700 $328,200
2022 $2,444 $282,500 $78,000 $204,500
2021 $2,493 $282,500 $78,000 $204,500
2020 $2,504 $282,500 $78,000 $204,500
2019 $2,519 $282,500 $78,000 $204,500
2018 $2,350 $274,000 $78,000 $196,000
2017 $2,302 $274,000 $78,000 $196,000
2016 $2,135 $248,300 $78,000 $170,300
2015 $2,078 $248,300 $78,000 $170,300
2014 $2,027 $248,300 $78,000 $170,300
2013 $2,310 $279,200 $94,100 $185,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 159381

Greater Northwoods MLS

APN: 14-1514