NOT LISTED FOR SALE

1599 Lost River Rd Eagle River, WI 54521

Estimated Value: $644,000 - $865,000

3 Beds
2.5 Baths
1,960 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $650,000 $332 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,187/month

116 Days on Market

Highlights

  • Docks
  • 75,794 Sq Ft lot
  • Private Lot
  • River Front
  • Chalet
  • Cathedral Ceiling

About This Home

As of August 2024

Situated on the Wisconsin River with direct access to the Eagle River chain of lakes, this 3BR 2BA chalet style home offers a blend of natural beauty, and modern comfort. Nestled on 1.74-acres, with 102 feet of river frontage. The property promises breathtaking sunsets, abundant wildlife, and unrivaled privacy. Open concept living area with abundant natural light, Modern kitchen with stainless steel appliances, Master suite with ensuite bathroom and convenient main-level laundry room and a gas fireplace for those chilly nights. The lower level of the home is unfinished, providing a blank canvas for you to finish according to your liking. Currently utilized as a successful short-term rental, this property offers potential for lucrative returns as a vacation getaway or year-round residence. Enjoy the best of both worlds with a peaceful setting that's just a short drive from downtown Eagle River, offering shopping, dining, and entertainment.

Last Agent to Sell the Property

Amy Nowak

SHOREWEST - EAGLE RIVER License #88720 - 94 Listed on: 04/17/2024

SHOREWEST - EAGLE RIVER

Last Buyer's Agent

Ray Weber

ELIASON REALTY - ST GERMAIN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 2008

Lot Details

  • 1.74 Acre Lot
  • River Front
  • West Facing Home
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Zoning described as Recreational

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Chalet
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,960 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Docks

Schools

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

Utilities

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

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 14-1350-08

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,772

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: Wisconsin River
  • Ownership: Fee Simple
  • Directions: Pine St/Hwy 70E to Hwy 45N to Left on Hwy 45N to Left on Illinois Street to Right on N. Bolte Road to Right on Lost River Rd to sign on left.
  • Above Grade Finished Sq Ft: 1960.0
  • Architectural Style: Chalet/Alpine, One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Main Level Primary, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Private, Secluded
  • Waterfront Features: Shoreline - Silt, River Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Direction Faces: West
  • Exterior Features: Dock, Landscaping
  • Foundation Details: Poured
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: 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: 75794.0
  • Parcel #: 14-1350-08
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 3772.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Sep 9, 2020
Sold by
Reicher Craig J and Reicher Craig
Bought by
Meyer Jacob E and Meyer Jennifer M
Seller's Agent
Adam Gohlke
GOLD BAR REALTY
Buyer's Agent
Julie Winter-Paez
RE/MAX PROPERTY PROS
List Price
$369,000
Sold Price
$370,000
Premium/Discount to List
$1,000
0.27%
Current Estimated Value
$746,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,380
Avg. Annual Appreciation
14.10%
Original Mortgage
$259,000
Outstanding Balance
$229,845
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$516,535
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
Meyer Jacob E $370,000 Vilas Title Service Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Jacob E $259,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $650,000 +0.8% $332 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $645,000 +7.5% $329 / Sq Ft
07/01/2022 07/01/22 Sold $600,000 0.0% $353 / Sq Ft View Prior Sale
05/06/2022 05/06/22 For Sale $599,900 +62.1% $353 / Sq Ft
09/11/2020 09/11/20 Sold $370,000 +0.3% $203 / Sq Ft View Prior Sale
09/10/2020 09/10/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $369,000 -- $203 / 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 $3,408 $612,400 $115,000 $497,400
2023 $3,772 $616,000 $115,000 $501,000
2022 $2,834 $310,900 $81,100 $229,800
2021 $2,748 $310,900 $81,100 $229,800
2020 $2,570 $289,800 $81,100 $208,700
2019 $2,586 $289,800 $81,100 $208,700
2018 $2,571 $289,800 $81,100 $208,700
2017 $2,365 $289,800 $81,100 $208,700
2016 $2,421 $289,800 $81,100 $208,700
2015 $2,432 $289,800 $81,100 $208,700
2014 $2,372 $289,800 $81,100 $208,700
2013 $2,109 $255,300 $63,300 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 206281

Greater Northwoods MLS

APN: 14-1350-08