NOT LISTED FOR SALE

1197 Chicago Point Dr Pelican Lake, WI 54463

Estimated Value: $380,000 - $555,000

1 Bed
1 Bath
700 Sq Ft
$640/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $246,500 $352 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,552/month

72 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Views
  • Docks
  • 2 Car Detached Garage
  • Shed

About This Home

As of May 2019

This one plus bedroom, full bath home with level frontage on Pelican Lake & western exposure & sand frontage. Features main floor laundry, spacious kitchen, wood fireplace in the living room with the lake view, pine paneling for the northwoods feel, lake front porch large enough for sleeping, lakeside entry and road side entry, & full bathroom. The 28 x 28 ft. garage with concrete floor, vinyl siding, two overhead doors and power was built in 2018. There is also a storage shed 17 x 28. Come enjoy the sunsets on Pelican Lake this summer.

Last Agent to Sell the Property

Judy Mixis

SHOREWEST - RHINELANDER License #57961 - 90 Listed on: 03/08/2019

SHOREWEST - RHINELANDER

Last Buyer's Agent

Judy Mixis

SHOREWEST - RHINELANDER License #57961 - 90 Listed on: 03/08/2019

SHOREWEST - RHINELANDER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,259

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 100x283
  • Lake Front
  • Property Fronts a Bay or Harbor
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Vinyl Flooring
  • Crawl Space
  • Range
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Shed
  • Outbuilding

Schools

  • Elcho Elementary School
  • Elcho High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Drilled Well
  • Electric Water Heater
  • Sewer Holding Tank

Listing and Financial Details

  • Assessor Parcel Number SC 1412

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,259

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Bay/Harbor, Lakefront
  • Lot Size: 100x283
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: PELICAN
  • Ownership: Fee Simple
  • Directions: Hwy 8 east, south on Hwy 45. Right on CTH Q, left on Chicago Point Rd.
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl

Exterior Features

  • Lot Features: Lake Front, Level, Rural Lot, Waterfront
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Bayfront, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Out Building(s), Shed, Gravel Driveway
  • Foundation Details: Block
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Driveway

Utilities

  • Laundry Features: Main Level
  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Holding Tank
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area

Schools

  • Elementary School: LA Elcho
  • High School: LA Elcho

Lot Info

  • Lot Size Sq Ft: 25265.0
  • Parcel #: SC 1412

Tax Info

  • Tax Annual Amount: 2259.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
May 24, 2019
Sold by
Spear William S
Bought by
Schmidt Anthony L and Schmidt Sara R
Seller's Agent
Judy Mixis
SHOREWEST - RHINELANDER
Buyer's Agent
Judy Mixis
SHOREWEST - RHINELANDER
List Price
$259,000
Sold Price
$246,500
Premium/Discount to List
-$12,500
-4.83%
Current Estimated Value
$448,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,824
Avg. Annual Appreciation
9.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmidt Anthony L $246,500 Northern Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $246,500 -4.8% $352 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $259,000 -- $370 / 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 $2,331 $210,600 $139,000 $71,600
2023 $2,448 $210,600 $139,000 $71,600
2022 $2,239 $210,600 $139,000 $71,600
2021 $2,230 $210,600 $139,000 $71,600
2020 $2,057 $210,600 $139,000 $71,600
2019 $2,020 $210,600 $139,000 $71,600
2018 $2,089 $216,000 $139,000 $77,000
2017 $2,176 $216,000 $139,000 $77,000
2016 $1,944 $216,000 $139,000 $77,000
2015 $2,003 $216,000 $139,000 $77,000
2014 $2,003 $216,000 $139,000 $77,000
2011 $1,949 $213,400 $151,300 $62,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 176637

Greater Northwoods MLS

APN: 03001-0141-0002