NOT LISTED FOR SALE

1265 Covey Ln Eagle River, WI 54521

Estimated Value: $333,000 - $532,000

8 Beds
4 Baths
-- Sq Ft
3 Acres

Last Sold March 28, 2014

Last sale price $218,000

Est. 111% increase in value since last sale

Current estimated payment $2,707/month

276 Days on Market

Highlights

  • 130,680 Sq Ft lot
  • Patio
  • 1 Car Garage
  • Wooded Lot
  • Forced Air Heating System
  • Level Lot

About This Home

As of March 2014

This property is an investor's dream! On this large wooded lot there are 2 newer duplexes with brand new roofs, and attached garages for each unit. All four units are 2 bedroom, 1 bath with a laundry room with washer/dryer hook-ups. Each kitchen has a dishwasher and island. Behind each building is a large cleared backyard with a back deck for each unit. All four units are currently tenant occupied, so this property is set to cashflow!

Last Agent to Sell the Property

JEFFREY VISNER

VISNER REALTY INC. Listed on: 01/31/2013

Last Buyer's Agent

Tom Lee

SHOREWEST - MINOCQUA

SHOREWEST - MINOCQUA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,488

Lot Details

  • 3 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Electric Water Heater

Additional Features

  • Dishwasher
  • Crawl Space
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 14-1767-92

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,488

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Ownership: Fee Simple
  • Garage Yn: Yes
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl

Exterior Features

  • Lot Features: Level, Wooded
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Patio, Gravel Driveway
  • Other Structures: Garage(s)
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, One Car Garage
  • Total Parking Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Utilities: Electricity Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet 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: 130680.0
  • Parcel #: 14-1767-92
  • Zoning Description: All Purpose

Tax Info

  • Tax Annual Amount: 2488.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2013
Closed on
Mar 20, 2014
Sold by
River Valley Bank
Bought by
Lee Olga E
Seller's Agent
JEFFREY VISNER
VISNER REALTY INC.
Buyer's Agent
Tom Lee
SHOREWEST - MINOCQUA
List Price
$320,850
Sold Price
$218,000
Premium/Discount to List
-$102,850
-32.06%
Current Estimated Value
$459,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,549
Avg. Annual Appreciation
7.58%
Original Mortgage
$164,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage
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
Lee Olga E $218,000 Northwoods Title & Closing S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Olga E $164,000
Previous Owner Lee Olga E $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $218,000 -32.1% --
11/15/2013 11/15/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $320,850 -- --
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 $2,434 $438,900 $41,100 $397,800
2023 $2,677 $438,900 $41,100 $397,800
2022 $2,640 $289,900 $19,900 $270,000
2021 $2,559 $289,900 $19,900 $270,000
2020 $2,571 $289,900 $19,900 $270,000
2019 $2,587 $289,900 $19,900 $270,000
2018 $2,488 $289,900 $19,900 $270,000
2017 $2,438 $289,900 $19,900 $270,000
2016 $2,499 $289,900 $19,900 $270,000
2015 $2,433 $289,900 $19,900 $270,000
2014 $2,465 $300,900 $19,900 $281,000
2013 $2,817 $339,500 $22,500 $317,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 131538

Greater Northwoods MLS

APN: 14-1767-92