NOT LISTED FOR SALE

12773 Fallon Rd Manitowish Waters, WI 54545

Estimated Value: $513,987 - $892,000

2 Beds
1 Bath
1,108 Sq Ft
$658/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $435,000 $393 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,709/month

322 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Deck
  • North Lakeland Elementary School Rated A
  • Docks
  • Wood Burning Stove

About This Home

As of September 2020

NOTE: Property priced UNDER it's assessed value! Lot 1 with cottage is assessed at $305,500 and vacant lot 2 is assessed at $225,000. TOTAL Assessed value is $530,000! Time to make an Offer! 2 minute boat ride to either Island Lake or Spider Lake on the Manitowish 10 Lake Chain! 200 feet of beautiful south facing sand frontage, wet boathouse and 2.18 acres! Cozy cottage is 2 bedroom, 1 bath with knotty pine interior. There is a level area at the lakefront for sunning & swimming and a shed for all your toys. Property is 2 legal 100' lots. Home is on 1.11 acres with 100 feet frontage and the vacant lot next door has 100 feet frontage with 1.07 acres. Great location with easy access (via Clear Lake Road) to the MW paved bike trail system, 10 minute drive to downtown Manitowish Waters and close to the Win-Make mountain bike trails, snowmobile trails and 30 minutes to the UP Michigan Ski Hills! Perfect property to enjoy everything the northwoods has to offer!

Last Agent to Sell the Property

LINDA LONG TEAM

REDMAN REALTY GROUP, LLC License #54872 - 90 Listed on: 11/11/2019

Last Buyer's Agent

Tom Thiessen

CENTURY 21 PIERCE REALTY - MW License #57396 - 94

CENTURY 21 PIERCE REALTY - MW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,743

Lot Details

  • 2.18 Acre Lot
  • Lake Front
  • River Front
  • South Facing Home
  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1,108 Sq Ft Home
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Water Views
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Open Patio
  • Outbuilding

Schools

  • North Lakeland Elementary And Middle School
  • Lakeland Union High School

Utilities

  • Heating System Uses Propane
  • Wall Furnace
  • Drilled Well

Community Details

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,743

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront, River
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: Manitowish River
  • Ownership: Fee Simple
  • Directions: From Manitowish Waters take CTH W north to right on CTH K to right on Clear Lake Rd to left on Fallon Rd to property on right.
  • Above Grade Finished Sq Ft: 1108.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Mixed

Exterior Features

  • Lot Features: Lake Front, Level, Sloped, Views, Wooded, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front, River Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Exterior Features: Dock, Out Building(s), Gravel Driveway, Propane Tank - Leased
  • Foundation Details: Poured
  • Other Structures: Boat House, Outbuilding
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage, Driveway

Utilities

  • Heating: Propane, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Elementary School: VI North Lakeland
  • High School: ON Lakeland Union
  • Middle Or Junior School: VI North Lakeland

Lot Info

  • Lot Size Sq Ft: 94961.0
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Sep 29, 2020
Sold by
Dopke Mary L and Johnson Karen
Bought by
Sikonia Robert J
Seller's Agent
LINDA LONG TEAM
REDMAN REALTY GROUP, LLC
Buyer's Agent
Tom Thiessen
CENTURY 21 PIERCE REALTY - MW
List Price
$493,000
Sold Price
$435,000
Premium/Discount to List
-$58,000
-11.76%
Current Estimated Value
$630,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,090
Avg. Annual Appreciation
6.35%
Original Mortgage
$391,500
Outstanding Balance
$351,351
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$235,068
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
Sikonia Robert J $435,000 Vilas Title Service Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sikonia Robert J $391,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $435,000 -11.8% $393 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
11/11/2019 11/11/19 For Sale $493,000 -- $445 / 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 $2,743 $305,500 $225,000 $80,500
2023 $2,379 $305,500 $225,000 $80,500
2022 $2,476 $305,500 $225,000 $80,500
2021 $2,300 $305,500 $225,000 $80,500
2020 $2,363 $305,500 $225,000 $80,500
2019 $2,179 $305,500 $225,000 $80,500
2018 $2,148 $305,500 $225,000 $80,500
2017 $2,101 $305,500 $225,000 $80,500
2016 $2,130 $305,500 $225,000 $80,500
2015 $2,216 $305,500 $225,000 $80,500
2014 $2,097 $305,500 $225,000 $80,500
2013 $2,032 $305,500 $225,000 $80,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 182025

Greater Northwoods MLS

APN: 16-566-01