NOT LISTED FOR SALE

1307 Waterman Ln Eagle River, WI 54521

Estimated Value: $766,185 - $955,000

5 Beds
2.5 Baths
2,473 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $460,000 $186 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,881/month

149 Days on Market

Highlights

  • Boathouse
  • Docks
  • Wood Flooring
  • Lake Front
  • Cathedral Ceiling
  • 1 Car Detached Garage

About This Home

As of October 2020

Experience the history of the Sycamore Cottage. It was built in 1904 and was the very first residence on the Everett Peninsula. The Waterman/Bailey family has owned and thoroughly loved the home since then. This very charming log home has 5 bedrooms and 2.5 baths and over 2400 sq. ft. It has been added on to over the years and it has been updated with modern amenities like central air conditioning. There is almost 1 acre and 132' of west facing sand frontage. The home is located in the middle of "Boat House Row" on Catfish Lake and yes you do have your very own wet boathouse! The location on the Eagle River Chain of 28 Lakes could not be better! All of the ingredients for the perfect year-round home are right here on Catfish Lake. It is time for a new family to carry on the tradition!

Last Agent to Sell the Property

Jim Mulleady

SHOREWEST - EAGLE RIVER License #50901 - 90 Listed on: 05/26/2020

SHOREWEST - EAGLE RIVER

Last Buyer's Agent

Erik Johnson

EXP REALTY, LLC License #42948 - 90

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1903

Lot Details

  • 0.94 Acre Lot
  • Lake Front
  • Property fronts a private road
  • West Facing Home
  • Landscaped

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Wood Flooring
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Boathouse
  • Docks
  • Outbuilding

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 26-3110

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,754

Year Built

Built in 1903

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Water Body Name: CATFISH
  • Ownership: Personal Rep
  • Directions: From Eagle River, Hwy 70E 3 mi to a Right on Everett Rd. Continue 1 mi to a Right on Waterman Ln to #1307
  • Above Grade Finished Sq Ft: 2212.0
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1903
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 261.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Skylights, Vaulted Ceiling(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Log
  • Direction Faces: West
  • Exterior Features: Dock, Landscaping, Out Building(s)
  • Foundation Details: Block
  • Other Structures: Boat House, Outbuilding
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

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: 40946.0
  • Parcel #: 26-3110

Tax Info

  • Tax Annual Amount: 3754.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Oct 20, 2020
Sold by
Bailey Wilbur S and Estate Of Louise Waterman Bail
Bought by
Foti Phillip F and Foti Pamela M
Seller's Agent
Jim Mulleady
SHOREWEST - EAGLE RIVER
Buyer's Agent
Erik Johnson
EXP REALTY, LLC
List Price
$629,000
Sold Price
$460,000
Premium/Discount to List
-$169,000
-26.87%
Current Estimated Value
$860,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,796
Avg. Annual Appreciation
13.50%
Original Mortgage
$368,000
Outstanding Balance
$326,720
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$534,076
Source: Public Records

Range of Values:

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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
Foti Phillip F $460,000 Northwoods Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foti Phillip F $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $460,000 -26.9% $186 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $629,000 -- $254 / 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 $3,814 $659,500 $317,000 $342,500
2023 $4,264 $659,500 $317,000 $342,500
2022 $4,077 $381,300 $251,700 $129,600
2021 $3,953 $381,300 $251,700 $129,600
2020 $3,857 $381,300 $251,700 $129,600
2019 $3,754 $381,300 $251,700 $129,600
2018 $3,473 $381,300 $251,700 $129,600
2017 $3,518 $381,300 $251,700 $129,600
2016 $3,604 $381,300 $251,700 $129,600
2015 $3,443 $381,300 $251,700 $129,600
2014 $3,426 $381,300 $251,700 $129,600
2013 $3,887 $381,300 $251,700 $129,600
Source: Public Records

Agents Affiliated with this Home

  • Jim Mulleady

    Seller's Agent in 2020

    Jim Mulleady

    SHOREWEST - EAGLE RIVER

    (715) 479-1774

    210 Total Sales

    Jim Mulleady
    Section Image
  • Erik Johnson

    Buyer's Agent in 2020

    Erik Johnson

    EXP REALTY, LLC

    (715) 356-3207

    160 Total Sales

    Erik Johnson
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 184660

Greater Northwoods MLS

APN: 26-3110

Wisconsin Vilas County Eagle River 54521

1307 Waterman Ln, Eagle River, WI

This home is located at 1307 Waterman Ln, Eagle River, WI 54521 since 26 May 2020 and is currently estimated at $860,796, approximately $348 per square foot. This property was built in 1903. 1307 Waterman Ln is a home located in Vilas County with nearby schools including Northland Pines High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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