NOT LISTED FOR SALE

1545 Lotus Ln Eagle River, WI 54521

Estimated Value: $376,000 - $709,000

4 Beds
2 Baths
2,575 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 25, 2013

Last sale price $185,000 $72 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $3,213/month

58 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Raised Ranch Architecture
  • Docks
  • Private Lot
  • Cathedral Ceiling

About This Home

As of July 2013

LOTUS LAKE HOME - This 4 bedroom/2 bath cedar sided home sits on 2.6 acres of land with 200' of level, frontage on Lotus Lake, a great fishing lake. Located very near Eagle River, but gives you the privacy that so many have been searching for. The interior offers a wood fireplace, tongue and groove paneling, a large lower level family room with walkout French doors. 3 large decks, a 2 car heated and insulated garage, and a 16x16 outbuilding round out this package. A very nice setting located in a very desirable area. Recent updates include a new roof, carpeting and remodeled bedrooms.

Last Agent to Sell the Property

Bob Merz

RE/MAX PROPERTY PROS License #56837 - 94 Listed on: 05/18/2013

RE/MAX PROPERTY PROS

Co-Listed By

Denise Goldsworthy

RE/MAX PROPERTY PROS-MINOCQUA License #39293 - 90

Last Buyer's Agent

Andrea Christie

REDMAN REALTY GROUP, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,222

Year Built

  • Built in 1988

Lot Details

  • 2.6 Acre Lot
  • Lake Front
  • The property's road front is unimproved
  • Property fronts an easement
  • Private Lot
  • Secluded Lot
  • Zoning described as General Business

Parking

  • 2 Car Detached Garage

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 2,575 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace
  • Wood Burning Stove
  • Property Views

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Docks
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Propane Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 673

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,222

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Easement
  • Road Surface Type: Unimproved
  • Water Body Name: LOTUS (Little Bass)
  • Co List Office Mls Id: 619
  • Co List Office Phone: (715)480-4333
  • Ownership: Fee Simple
  • Directions: 70 W to rt on Zeman Rd to lft on Perch to rt on Lotus Ln. Road turns to gravel stay lft to #1545 on lft.
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Propane Water Heater, Range, Refrigerator
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Lake Front, Private, Secluded
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Exterior Features: Dock, Out Building(s), Patio
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Electricity Available, Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area

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: 113256.0
  • Parcel #: 673
  • Zoning Description: General Business

Tax Info

  • Tax Annual Amount: 2222.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2013
Closed on
Jul 23, 2013
Sold by
Rager Amanda B
Bought by
Dumovich Robert R and Dumovich Emily L
Seller's Agent
Bob Merz
RE/MAX PROPERTY PROS
Buyer's Agent
Andrea Christie
REDMAN REALTY GROUP, LLC
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Current Estimated Value
$582,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,716
Avg. Annual Appreciation
9.66%
Original Mortgage
$175,750
Outstanding Balance
$127,850
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$454,866

Purchase Details

Closed on
Apr 18, 2008
Sold by
Hsbc Bank Usa National Association As Tr
Bought by
Rager Amanda B

Purchase Details

Closed on
Dec 4, 2007
Sold by
Archie Boyce M
Bought by
Wells Fargo Bank N A
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
Dumovich Robert R $185,000 Vilas Title Services Inc
Rager Amanda B $180,000 --
Wells Fargo Bank N A $233,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dumovich Robert R $175,750
Closed Wells Fargo Bank N A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2013 07/25/13 Sold $185,000 -7.0% $72 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
05/27/2013 05/27/13 For Sale $199,000 -- $77 / 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 $2,023 $639,100 $301,600 $337,500
2023 $2,084 $639,100 $301,600 $337,500
2022 $2,063 $209,400 $66,100 $143,300
2021 $2,060 $209,400 $66,100 $143,300
2020 $2,121 $209,400 $66,100 $143,300
2019 $2,116 $209,400 $66,100 $143,300
2018 $2,074 $209,400 $66,100 $143,300
2017 $2,070 $209,400 $66,100 $143,300
2016 $1,874 $209,400 $66,100 $143,300
2015 $1,991 $223,200 $74,300 $148,900
2014 $1,952 $223,200 $74,300 $148,900
2013 $2,287 $223,200 $74,300 $148,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 134129

Greater Northwoods MLS

APN: 6-673