NOT LISTED FOR SALE

1527 Fay Ln Oconomowoc, WI 53066

Estimated Value: $629,000 - $736,000

3 Beds
2 Baths
2,254 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $630,000 $280 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,264/month

82 Days on Market

Highlights

  • 3.5 Car Attached Garage
  • Walk-In Closet
  • Patio
  • Meadow View Elementary School Rated A
  • Bathtub with Shower
  • En-Suite Primary Bedroom

About This Home

As of December 2023

Exceptional split bedroom ranch home in Oconomowoc's Prairie Creek Ridge! Covered front entrance greets you. Enjoy an open concept floor plan that features large great room with gas fireplace and vinyl plank flooring. Kitchen offers island breakfast bar, granite countertops, pantry, and bayed dining area with walls of windows. Separate den-office. Master suite features huge walk-in closet and luxury bath featuring dual sink vanity and oversized tile shower. 2 nice size bedrooms and full bath on opposite end of home. Main floor laundry. Attached 3.5-car garage. Relax on the private back yard patio with tree-lined back lot line. Excellent neighborhood and location!

Last Agent to Sell the Property

Paul Liebe

Lake Country Flat Fee License #51587-90 Listed on: 08/09/2023

Last Buyer's Agent

Lori Clark

EXP Realty, LLC~MKE License #91614-94

EXP Realty, LLC~MKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,254

Year Built

  • Built in 2020

Lot Details

  • 0.33

Parking

  • 3.5 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 2,254 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Basement Windows

Schools

  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 0.33 Acre Lot

Community Details

  • Prairie Creek Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,254

Year Built

Built in 2020

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Dishwasher, microwave, oven/range, refrigerator, washer, dryer
  • Directions: Lake Dr. to Prairie Creek Blvd., north to Fay Ln.
  • New Construction: No
  • Year Built: 2020
  • Cleared Acreage: Less than 1/2
  • Architecture: Ranch
  • Full Street Address: 1527 Fay LANE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.33
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Full Size Windows, Poured Concrete
  • Interior Amenities: Cable/Satellite Available, Pantry, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Stubbed For Bathroom on Lower, Tub Only, Ceramic Tile, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Den Office Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 14
  • Second Floor Total Sq Ft: 2254.00

Exterior Features

  • Exterior Features: Patio
  • Exterior Building Type: 1 Story
  • Exterior: Aluminum Trim, Stone, Brick/Stone, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Attached, 3 Car
  • Garage Spaces: 3.5
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Oconomowoc Area
  • High School: Oconomowoc
  • High School: Oconomowoc
  • Junior High Dist: Oconomowoc Area

Lot Info

  • Zoning: Residential
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 7254.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Dec 7, 2023
Sold by
Hamre Erik A
Bought by
Tran Anh
Seller's Agent
Paul Liebe
Lake Country Flat Fee
Buyer's Agent
Lori Clark
EXP Realty, LLC~MKE
List Price
$685,000
Sold Price
$630,000
Premium/Discount to List
-$55,000
-8.03%
Views
188
Current Estimated Value
$673,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,167
Avg. Annual Appreciation
3.47%
Original Mortgage
$472,000
Outstanding Balance
$466,415
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$200,310

Purchase Details

Listed on
Aug 29, 2020
Closed on
Jan 27, 2021
Sold by
Prairie Creek Ridge Llc
Bought by
Hamre Erik A
Seller's Agent
Joseph Behmke
Kaerek Homes, Inc.
Buyer's Agent
Matt Spheeris
Coldwell Banker Elite
List Price
$511,975
Sold Price
$511,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$408,000
Interest Rate
2.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tran Anh $630,000 None Listed On Document
Hamre Erik A $510,000 Members Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Anh $472,000
Previous Owner Hamre Erik A $15,000
Previous Owner Hamre Erik A $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $630,000 -2.9% $280 / Sq Ft
10/27/2023 10/27/23 Price Changed $649,000 -2.4% $288 / Sq Ft
08/30/2023 08/30/23 Price Changed $664,900 -2.9% $295 / Sq Ft
08/09/2023 08/09/23 For Sale $685,000 +33.8% $304 / Sq Ft
01/29/2021 01/29/21 Sold $511,975 0.0% $227 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $511,975 -- $227 / Sq Ft
Source: Metro 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 $6,931 $630,000 $104,800 $525,200
2023 $6,600 $569,600 $94,400 $475,200
2022 $7,255 $510,000 $94,400 $415,600
2021 $3,494 $244,400 $94,400 $150,000
2020 $1,261 $72,000 $72,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Paul Liebe

    Seller's Agent in 2023

    Paul Liebe

    Lake Country Flat Fee

    (262) 447-0923

    83 in this area

    774 Total Sales

    Section Image
  • Lori Clark

    Buyer's Agent in 2023

    Lori Clark

    EXP Realty, LLC~MKE

    (920) 988-3019

    2 in this area

    86 Total Sales

    Section Image

  • J

    Seller's Agent in 2021

    Joseph Behmke

    Kaerek Homes, Inc.

    (414) 737-6727

    45 in this area

    147 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Matt Spheeris

    Coldwell Banker Elite

    (262) 490-8874

    11 in this area

    61 Total Sales

    Section Image
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Map

Source: Metro MLS

MLS Number: 1845679

Metro MLS

APN: OCOC-0537-193

Wisconsin Waukesha County Oconomowoc 53066

1527 Fay Ln, Oconomowoc, WI

This home is located at 1527 Fay Ln, Oconomowoc, WI 53066 since 09 August 2023 and is currently estimated at $691,675, approximately $306 per square foot. This property was built in 2020. 1527 Fay Ln is a home located in Waukesha County with nearby schools including Meadow View Elementary School, Nature Hill Intermediate School, and Oconomowoc High School.

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