NOT LISTED FOR SALE

1487 Silver Lake Rd Eagle River, WI 54521

Estimated Value: $928,000 - $1,257,000

3 Beds
2 Baths
1,140 Sq Ft
$944/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $300,000 $263 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $6,029/month

87 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • 1 Fireplace
  • 59,242 Sq Ft lot
  • Private Lot
  • Recreation Facilities

About This Home

As of April 2018

Multi-use Eagle River Chain Property. Two year-round homes on Yellow Birch. Current owners enjoy this property for family and also rent throughout the year for investment income. Very level property with wide open views, 119 ft. of frontage and permanent dock. The larger home has 3 bedrooms, 2 baths and the smaller home has 1 bedroom, 1 bath. To store your recreational equipment there are 2 garages, plus an additional storage building. This is an ideal location as you can ride your bike to town, walk to Silver Lake beach and in minutes access snowmobile and ATV trails. Last but not least, this property has a small stream, originates from Silver Lake, that runs along the western property line and feeds into Yellow Birch. The fresh water is a haven for wildlife throughout the year! Rental history will be made available post viewing of the property. 9320

Last Agent to Sell the Property

Charity Boldebuck

CENTURY 21 BURKETT & ASSOC. License #80151 - 94 Listed on: 01/27/2018

CENTURY 21 BURKETT & ASSOC.

Last Buyer's Agent

Charity Boldebuck

CENTURY 21 BURKETT & ASSOC. License #80151 - 94 Listed on: 01/27/2018

CENTURY 21 BURKETT & ASSOC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 1986

Lot Details

  • 1.36 Acre Lot
  • Lake Front
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Zoning described as Recreational

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1,140 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Sewer Holding Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-1194

Community Details

Amenities

  • Shops

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,582

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: YELLOW BIRCH
  • Ownership: Fee Simple
  • Directions: Silver Lake Road past public beach to property on Left.
  • Above Grade Finished Sq Ft: 1140.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 1986
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Microwave, Range, Refrigerator, Washer/Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Additional Living Quarters, Ceiling Fan(s)

Exterior Features

  • Lot Features: Lake Front, Level, Private, Secluded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Silt, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Out Building(s), Gravel Driveway
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage, Storage, Driveway

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Holding Tank
  • Utilities: Cable Available, Phone Available
  • Water Source: Driven Well, Well

Condo/Co-op/Association

  • Community Features: Recreation Area, Shopping

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: 59242.0
  • Parcel #: 14-1194
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 2582.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2018
Closed on
Apr 26, 2018
Sold by
Giegerich Gary S and Giegerich Susan L
Bought by
Markel Mark William
Seller's Agent
Charity Boldebuck
CENTURY 21 BURKETT & ASSOC.
Buyer's Agent
Charity Boldebuck
CENTURY 21 BURKETT & ASSOC.
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%
Current Estimated Value
$1,076,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$776,270
Avg. Annual Appreciation
18.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Markel Mark William $300,000 Vilas Title Services Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $300,000 -6.2% $263 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $319,900 -- $281 / 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 $4,877 $873,900 $428,800 $445,100
2023 $5,367 $873,900 $428,800 $445,100
2022 $3,881 $424,200 $197,800 $226,400
2021 $3,035 $342,900 $197,800 $145,100
2020 $2,656 $299,400 $197,800 $101,600
2019 $2,673 $299,400 $197,800 $101,600
2018 $2,571 $299,400 $197,800 $101,600
2017 $2,519 $299,400 $197,800 $101,600
2016 $2,582 $299,400 $197,800 $101,600
2015 $2,514 $299,400 $197,800 $101,600
2014 $3,161 $384,600 $290,800 $93,800
2013 $3,044 $366,400 $260,600 $105,800
Source: Public Records

Agents Affiliated with this Home

  • Charity Boldebuck

    Seller's Agent in 2018

    Charity Boldebuck

    CENTURY 21 BURKETT & ASSOC.

    (715) 479-3090

    25 in this area

    112 Total Sales

    Charity Boldebuck
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Map

Source: Greater Northwoods MLS

MLS Number: 169572

Greater Northwoods MLS

APN: 14-1194

Wisconsin Vilas County Eagle River 54521

1487 Silver Lake Rd, Eagle River, WI

Not Listed for Sale

Detached

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