NOT LISTED FOR SALE

1673 Hagen Rd La Pointe, WI 54850

Estimated Value: $1,305,000 - $1,862,000

6 Beds
5.5 Baths
4,400 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $1,400,000 $318 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,842/month

20 Days on Market

Highlights

  • Private Waterfront
  • Two Primary Bathrooms
  • Main Floor Primary Bedroom
  • Multiple Garages
  • Traditional Architecture
  • Loft

About This Home

As of August 2021

Luxury living on Madeline Island with breath taking views of Lake Superior! Everything with this property is top quality construction. Six bedrooms, six baths, and four free standing fireplaces between the main house and the guest house. Open concept kitchen with Wolf and sub zero appliances. Upper loft area that has an office area that overlooks the lower level. Third floor crow's nest with incredible lake views! Maintenance free wrap around decks that also lead to the guest house that could be featured in a magazine. The guest house has two bedrooms, two baths, kitchen, and an open loft area that overlooks the lake and free standing fireplace. As you walk out the patio door you can enjoy the sauna and outdoor shower! The guest house is attached to the garage with additional laundry area. Recently built oversized building for boat storage/recreational equipment. The permanent L shaped dock can handle large boats and is great fishing from the pier. All of this along with beautiful sand beach makes this a rare opportunity to own a piece of the famous Madeline Island!

Last Agent to Sell the Property

Jay Emmert

Coldwell Banker Realty - Ashland Listed on: 06/07/2021

Last Buyer's Agent

Jay Emmert

Coldwell Banker Realty - Ashland Listed on: 06/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,790

Year Built

  • Built in 1985

Lot Details

  • 6.68 Acre Lot
  • Lot Dimensions are 275x1075
  • Private Waterfront
  • 275 Feet of Waterfront
  • Lake Front

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Living Room
  • Den
  • Loft
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Two Primary Bathrooms
  • Bathroom on Main Level

Parking

  • 8 Car Detached Garage
  • Multiple Garages

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Sewer Holding Tank

Listing and Financial Details

  • Assessor Parcel Number 014-00161-0400

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,790

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ferry dock east on Hagen rd to fire number 1673
  • L O1 Office Phone1 Number: 715-682-3080
  • List Price/ Sq Ft: 318.18
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: Yes
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 4400
  • Garage Type: Detached, Multiple
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Room 10: Bedroom
  • Room 11: Bedroom
  • TotalBedrooms: 6
  • Year Built: 1985
  • Level 1 Bedroom: Main
  • RoomLevel10: Second Floor
  • RoomLevel11: Second Floor
  • RoomLevel3: Second Floor
  • RoomLevel4: Second Floor
  • RoomLevel5: Third Floor
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 4
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom Description: Full Master, 3/4 Main Floor, Two Master Baths, 3/4 Upper, Full Upper
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Loft
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 6
  • Total Fin Square Footage: 4400
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 275
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 8

Utilities

  • Power Company: Xcel Energy
  • Sewer: Holding Tank
  • Water: Drilled

Schools

  • School District: Bayfield (WI) #315
  • Junior High Dist: Bayfield (WI) #315

Lot Info

  • Geo Update Timestamp: 2021-06-07
  • Estimated Lot Dimensions: 275x1075
  • Estimated Number of Acres: 6.68
  • Cultivated Acreage: LSAR
  • Geo Subdivision: WI
  • Parcel Number: 014-00161-0400
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 18789.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 17, 2021
Sold by
Banks Gretchen Q
Bought by
Lynch Revocable Trust
Seller's Agent
Jay Emmert
Coldwell Banker Realty - Ashland
Buyer's Agent
Jay Emmert
Coldwell Banker Realty - Ashland
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$1,644,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,020
Avg. Annual Appreciation
3.92%
Original Mortgage
$1,000,000
Outstanding Balance
$906,556
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$737,464

Purchase Details

Closed on
Oct 29, 2014
Sold by
Banks Mark W and Banks Gretchen Q
Bought by
Grerchen Q Banks Revocable Trust

Purchase Details

Closed on
Sep 24, 2008
Sold by
Perry Jacqualine R
Bought by
Banks Mark W and Banks Gretchen Q
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
Lynch Revocable Trust $1,400,000 None Available
Grerchen Q Banks Revocable Trust -- None Available
Banks Mark W $580,000 Chequamegon Bay Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Revocable Trust $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $1,400,000 0.0% $318 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $1,400,000 -- $318 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $26,638 $1,293,900 $424,200 $869,700
2023 $20,914 $820,900 $387,300 $433,600
2022 $19,388 $820,900 $387,300 $433,600
2021 $19,304 $820,900 $387,300 $433,600
2020 $18,790 $820,900 $387,300 $433,600
2019 $17,815 $820,900 $387,300 $433,600
2018 $16,756 $820,900 $387,300 $433,600
2017 $16,405 $820,900 $387,300 $433,600
2016 $16,434 $820,900 $387,300 $433,600
2015 $17,265 $820,900 $387,300 $433,600
2014 $15,394 $843,900 $430,300 $413,600
2013 -- $832,700 $430,300 $402,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097368

APN: 014-00161-0400