NOT LISTED FOR SALE

1703 Lake Rd Monico, WI 54501

Estimated Value: $170,000 - $193,486

1.43 Acres
$127,882 Price per Acre
62,291 Sq Ft Lot

Last Sold December 31, 2021

Last sale price $142,500 $478 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,045/month

94 Days on Market

Highlights

  • Lake Front
  • Private Lot
  • Views
  • Docks
  • Cottage
  • 2 Car Garage

About This Lot

As of December 2021

Roughing it in style. This 1.43 acre lot with 150 feet of water frontage on Mars Lake offers a 3 season cabin with 2 loft areas for sleeping and a cozy gas fireplace. It also features a bath house complete with shower, sink and toilet. The conventional septic is for a 2 bedroom. With a 896 sqft garage/storage building heated, you have plenty of space for all the toys.

Last Agent to Sell the Property

MICHELLE PYRCHALLA

SHOREWEST - RHINELANDER Listed on: 09/27/2021

SHOREWEST - RHINELANDER

Last Buyer's Agent

MICHELLE PYRCHALLA

SHOREWEST - RHINELANDER Listed on: 09/27/2021

SHOREWEST - RHINELANDER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $671

Lot Details

  • 1.43 Acre Lot
  • Lake Front
  • Rural Setting
  • Private Lot
  • Secluded Lot
  • Sloped Lot

Parking

  • 2 Car Garage
  • Heated Garage
  • Driveway

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1 Full Bathroom
  • 298 Sq Ft Home
  • Gas Log Fireplace
  • Microwave
  • Property Views

Outdoor Features

  • Docks

Utilities

  • Water Not Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number MO-587-12

Property Details

Property Type

Land

Est. Annual Taxes

$671

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: MARS (Sequilla)
  • Ownership: Fee Simple
  • Directions: Hwy 8 East to #1703 Lake Rd
  • Above Grade Finished Sq Ft: 298.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Fireplace Features: Gas Log
  • Fireplace: Yes

Exterior Features

  • Lot Features: Buildable, Lake Front, Private, Rural Lot, Secluded, Sloped
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Exterior Features: Dock, Propane Tank - Owned
  • Foundation Details: Pillar/Post/Pier
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Two Car Garage, Heated Garage, Two Spaces, Storage, Driveway

Utilities

  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Other, Water Not Available
  • Water Source: None

Lot Info

  • Lot Size Sq Ft: 62291.0
  • Parcel #: MO-587-12
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 671.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Dec 31, 2021
Sold by
Kelling Roy C and Kelling Cynthia A
Bought by
Shepherd Janie J
Seller's Agent
MICHELLE PYRCHALLA
SHOREWEST - RHINELANDER
Buyer's Agent
MICHELLE PYRCHALLA
SHOREWEST - RHINELANDER
List Price
$144,900
Sold Price
$142,500
Premium/Discount to List
-$2,400
-1.66%
Current Estimated Value
$182,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,372
Avg. Annual Appreciation
8.02%
Original Mortgage
$114,000
Outstanding Balance
$106,890
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$79,322
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shepherd Janie J $142,500 Knight Barry Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Janie J $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2021 12/31/21 Sold $142,500 -1.7% $478 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $144,900 -- $486 / 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 $900 $84,100 $42,300 $41,800
2023 $933 $79,800 $42,300 $37,500
2022 $767 $79,800 $42,300 $37,500
2021 $765 $72,200 $42,300 $29,900
2020 $671 $72,200 $42,300 $29,900
2019 $694 $72,200 $42,300 $29,900
2018 $711 $72,200 $42,300 $29,900
2017 $684 $72,200 $42,300 $29,900
2016 $701 $72,200 $42,300 $29,900
2015 $664 $72,200 $42,300 $29,900
2014 $664 $72,200 $42,300 $29,900
2011 $705 $72,200 $42,300 $29,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 193551

Greater Northwoods MLS

APN: 01801-0587-0012