NOT LISTED FOR SALE

Estimated Value: $520,000 - $696,000

2 Beds
3 Baths
2,128 Sq Ft
$271/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $348,000 $164 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,410/month

56 Days on Market

Highlights

  • Lake Front
  • Chalet
  • Wooded Lot
  • North Lakeland Elementary School Rated A
  • Wood Burning Stove
  • Cathedral Ceiling

About This Home

As of March 2020

50 feet of shared frontage on the Manitowish Waters Chain and an adorable northwoods home tucked away in the woods plus a 1296 sq foot garage! What more could you ask for!! Nestled on a private level 1.50 acre lot sits this 2 bedroom (3rd bedroom in LL has no egress), 3 bath half log sided dream! Main floor has great room with knotty pine cathedral ceiling, wood burning stone FP, hardwood floors, 2 sliding doors leading to the concrete patio, open kitchen w/center island, master bedroom suite with private bath, 2nd bedroom and full bath. Lower level has been finished and includes a family room, 3rd bedroom (no egress) and full bath. Exterior grounds are gorgeous with stone fire pit! Just a 2 minute walk to the lakefront where the shared dock provides access to the MW 10 Lake Chain! Currently in a rental program for added income! Located just off Hwy 51 for easy access and close to all the amenities you love! Don't wait, this won't last!

Last Listed By

LINDA LONG TEAM

REDMAN REALTY GROUP, LLC License #54872 - 90 Listed on: 12/06/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 2003

Lot Details

  • 1.5 Acre Lot
  • Lake Front
  • River Front
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Zoning described as Multi-Family

Parking

  • 4 Car Detached Garage

Home Design

  • Chalet
  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Log Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Stone Fireplace
  • Dryer
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Public Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 16-846

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,221

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront, River
  • Road Frontage Type: Town Road
  • Water Body Name: Manitowish River
  • Ownership: Fee Simple
  • Directions: From Manitowish Waters take State Hwy 51 south to left on Bay Rd to right at the T all the way to the end.
  • Above Grade Finished Sq Ft: 1064.0
  • Architectural Style: Chalet/Alpine, Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Daylight, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1064.0
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Main Level Master, Walk-In Closet(s)

Exterior Features

  • Lot Features: Cul-De-Sac, Lake Front, Level, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front, River Front
  • Waterfront: Yes
  • Construction Type: Log Siding, Modular/Prefab
  • Exterior Features: Landscaping, Patio, Propane Tank - Leased
  • Foundation Details: Poured
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Detached, Four Car Garage, Four or more Spaces
  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Driven Well, 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: 65340.0
  • Parcel #: 16-846
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 2221.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Mar 2, 2020
Sold by
Koehler Jeffrey Robert and Koehler Colleen Grace
Bought by
Peterson Derek L and Peterson Maria M
Seller's Agent
LINDA LONG TEAM
REDMAN REALTY GROUP, LLC
Buyer's Agent
Tom Cote
REDMAN REALTY GROUP, LLC
List Price
$360,000
Sold Price
$348,000
Premium/Discount to List
-$12,000
-3.33%
Total Days on Market
56
Current Estimated Value
$576,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,585
Avg. Annual Appreciation
10.26%
Original Mortgage
$278,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2015
Sold by
Riley James F
Bought by
Koehler Jeffrey Robert and Koehler Colleen Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.03%
Mortgage Type
New Conventional

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
Peterson Derek L $348,000 Vilas Title Service Inc
Koehler Jeffrey Robert $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Maria M $280,000
Closed Peterson Derek L $278,400
Previous Owner Koehler Jeffrey Robert $256,500
Previous Owner Riley James F $220,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $348,000 -3.3% $164 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
12/06/2019 12/06/19 For Sale $360,000 -- $169 / 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 $2,558 $285,000 $45,000 $240,000
2023 $2,218 $285,000 $45,000 $240,000
2022 $2,308 $285,000 $45,000 $240,000
2021 $2,144 $285,000 $45,000 $240,000
2020 $2,203 $285,000 $45,000 $240,000
2019 $2,031 $285,000 $45,000 $240,000
2018 $2,003 $285,000 $45,000 $240,000
2017 $1,958 $285,000 $45,000 $240,000
2016 $1,986 $285,000 $45,000 $240,000
2015 $1,732 $239,500 $45,000 $194,500
2014 $1,639 $239,500 $45,000 $194,500
2013 $1,588 $239,500 $65,000 $174,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 182290

Greater Northwoods MLS

APN: 16-846