NOT LISTED FOR SALE

1405 E Cranberry Lake Rd Eagle River, WI 54521

Estimated Value: $201,000 - $1,034,373

2 Beds
1 Bath
744 Sq Ft
$936/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $220,000 $296 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $4,104/month

390 Days on Market

Highlights

  • Lake Front
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Docks
  • Views
  • West Facing Home

About This Home

As of April 2013

CRANBERRY LAKE SERENITY - This is quite possibly one of the nicest spots on the Eagle River Chain of Lakes! First time on the market, this property features an older year round cottage/home that with a little TLC could be used as a vacation getaway or until plans are drawn up for a new dream home! The lot is spectacular with a gentle slope allowing for breath taking views, faces west for great sunsets and ripple sand frontage! This property is priced tens of thousands below fair market value and waiting for you and your ideas! Don't hesitate, properties like these don't come on the market very often!

Last Agent to Sell the Property

CHRIS HEWITT

SHOREWEST - EAGLE RIVER Listed on: 04/03/2012

Last Buyer's Agent

Diana Chopin

CENTURY 21 BURKETT & ASSOC. License #56209 - 94

CENTURY 21 BURKETT & ASSOC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Lot Details

  • 1.07 Acre Lot
  • Lake Front
  • West Facing Home

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 744 Sq Ft Home
  • Fireplace Features Masonry
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Docks

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2773

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 157x
  • Road Frontage Type: Highway
  • Water Body Name: CRANBERRY
  • Ownership: Personal Rep
  • Directions: Hwy 70 East to Right on East Cranberry Lake Road then 1.2 miles to #1405 and sign.
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Propane Water Heater
  • Has Basement: Exterior Entry, Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed

Exterior Features

  • Lot Features: Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Direction Faces: West
  • Exterior Features: Dock
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - No, Septic Tank
  • Utilities: Septic Available
  • Water Source: Driven Well, Well

Condo/Co-op/Association

  • Community Features: Quiet Area

Lot Info

  • Lot Size Sq Ft: 46609.0
  • Parcel #: 2773

Tax Info

  • Tax Annual Amount: 2565.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2016
Sold by
Sterner Brad P and Sterner Paula F
Bought by
Cranberry Lake Chalet Eagle River Wiscon
Current Estimated Value
$696,093

Purchase Details

Closed on
May 23, 2014
Sold by
Sieren Builders Llc
Bought by
Sterner Brad P and Sterner Paula F

Purchase Details

Listed on
Apr 3, 2012
Closed on
Apr 30, 2013
Sold by
Killerman-Koller Cristina and Estate Of Eleanore J Royal
Bought by
Sieren Builders Llc
Seller's Agent
CHRIS HEWITT
SHOREWEST - EAGLE RIVER
Buyer's Agent
Diana Chopin
CENTURY 21 BURKETT & ASSOC.
List Price
$299,900
Sold Price
$220,000
Premium/Discount to List
-$79,900
-26.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$191,225
Interest Rate
3.6%
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
Cranberry Lake Chalet Eagle River Wiscon -- None Available
Sterner Brad P $250,000 Vilas Title Services Inc
Sieren Builders Llc $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sieren Builders Llc $191,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $220,000 -26.6% $296 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/04/2012 04/04/12 For Sale $299,900 -- $403 / 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 $4,951 $854,400 $340,500 $513,900
2023 $5,392 $832,500 $340,500 $492,000
2022 $5,398 $503,700 $271,000 $232,700
2021 $5,235 $503,700 $271,000 $232,700
2020 $5,109 $503,700 $271,000 $232,700
2019 $5,125 $503,700 $271,000 $232,700
2018 $4,734 $503,700 $271,000 $232,700
2017 $4,756 $503,700 $271,000 $232,700
2016 $4,875 $503,700 $271,000 $232,700
2015 $2,225 $247,900 $240,800 $7,100
2014 $2,488 $278,100 $271,000 $7,100
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 125075

Greater Northwoods MLS

APN: 26-2959-008