NOT LISTED FOR SALE

1274 Perch Lake Rd Eagle River, WI 54521

Estimated Value: $298,239

7 Beds
4 Baths
2,800 Sq Ft
$107/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $179,000 $64 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,708/month

275 Days on Market

Highlights

  • Private Lot
  • Recreation Facilities
  • Ceiling Fan
  • Wooded Lot
  • Shed
  • Baseboard Heating

About This Home

As of June 2019

Wow -- finally a rental that makes sense! This 4-plex rents for $2150 per month and gets another $1,000 per year in laundry income. 3 - 2 bed/1bath and 1 - 1 bed/1bath units. 4 additional storage buildings make it convenient for the tenants to have that desirable extra storage space. In the last couple of years this property received a new roof, new water heaters, new pressure tank, new electrical panel, new motion sensor lights in the common area, new stairs/decks, new storage buildings, Located on a beautiful, flat lot in a quiet area with a park like back yard, this place is destined to perform in today's tight rental market. $26,800 of potential yearly rent and 2017 expenses of $8792 should put this on the top of your list!

Last Agent to Sell the Property

David Eliason

ELIASON REALTY - EAGLE RIVER License #49853 - 90 Listed on: 09/23/2018

Last Buyer's Agent

Ray Weber

ELIASON REALTY - ST GERMAIN

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,413

Lot Details

  • 2.03 Acre Lot
  • Lot Dimensions are 447x200
  • Rural Setting
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Shed
  • Outbuilding

Schools

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

Utilities

  • Baseboard Heating
  • Drilled Well
  • Electric Water Heater
  • Phone Available

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number 14-1567

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,413

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Lot Size: 447x200
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Directions: From Eagle River take Hwy 70 west to RIGHT on Zeman road to RIGHT (east) on Perch Lake road until just after it turns south, 4-plex will be on your left.
  • Above Grade Finished Sq Ft: 1400.0
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1400.0
  • Flooring: Carpet, Laminate, Mixed
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Level, Private, Rural Lot, Secluded, Wooded
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Out Building(s), Shed
  • Foundation Details: Block
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Storage

Utilities

  • Laundry Features: Main Level
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Park, Quiet Area, 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: 88427.0
  • Parcel #: 14-1567
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 1413.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2018
Closed on
Jun 20, 2019
Sold by
Campbell Kimberly A and Wicklund Catherine A
Bought by
Due North Properties Llc
Seller's Agent
David Eliason
ELIASON REALTY - EAGLE RIVER
Buyer's Agent
Ray Weber
ELIASON REALTY - ST GERMAIN
List Price
$199,000
Sold Price
$179,000
Premium/Discount to List
-$20,000
-10.05%
Current Estimated Value
$298,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,239
Avg. Annual Appreciation
8.26%
Original Mortgage
$143,200
Outstanding Balance
$125,395
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$176,361

Purchase Details

Closed on
Jul 5, 2013
Sold by
Luckert Ann M
Bought by
Campbell Kimberly A and Wicklund Catherine A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Due North Properties Llc $179,000 Vilas Title Service Inc
Campbell Kimberly A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Due North Properties Llc $143,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $179,000 -10.1% $64 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
09/25/2018 09/25/18 For Sale $199,000 -- $71 / 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 $1,917 $346,800 $125,800 $221,000
2023 $2,108 $346,800 $125,800 $221,000
2022 $1,512 $167,800 $16,600 $151,200
2021 $1,464 $167,800 $16,600 $151,200
2020 $1,471 $167,800 $16,600 $151,200
2019 $1,480 $167,800 $16,600 $151,200
2018 $1,413 $166,700 $16,600 $150,100
2017 $1,385 $166,700 $16,600 $150,100
2016 $1,420 $166,700 $16,600 $150,100
2015 $1,373 $165,600 $16,600 $149,000
2014 $1,202 $149,100 $16,600 $132,500
2013 $1,344 $164,500 $20,000 $144,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 174783

Greater Northwoods MLS

APN: 14-1567