NOT LISTED FOR SALE

1878 River Lakes Rd S Oconomowoc, WI 53066

Estimated Value: $808,000 - $841,725

5 Beds
3.5 Baths
4,040 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $760,000 $188 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,213/month

11 Days on Market

Highlights

  • 3.5 Car Attached Garage
  • Wet Bar
  • Patio
  • Summit Elementary School Rated A
  • Walk-In Closet
  • Forced Air Heating System

About This Home

As of February 2024

Looking for the finest location and superb neighborhood in Lake Country? Look no further, this 5 bedroom, 4 bath nestled in desirable East Lake Village of Pabst Farms is the place to be. Beautiful chef's kitchen with Wolf range and spacious open concept. First floor office/den equipped with two work stations includes built in bookshelf/storage. Spacious mudroom and laundry room on first floor. You will find three large bedrooms with a full bath on the second floor. The generous primary room has two walk in closet's and full bath. The lower level offers a custom, one of a kind wet bar which includes ice maker, dual beverage fridge and dishwasher. A large projector screen and movie chairs are included. Lower level offers full bath and egress window bedroom. Massive 3 plus insulated garage.

Last Agent to Sell the Property

Julie LoDuca

Keller Williams Realty-Lake Country License #94374-94 Listed on: 01/12/2024

Keller Williams Realty-Lake Country

Last Buyer's Agent

Glenn Hanon

Shorewest Realtors, Inc. License #25371-90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,157

Year Built

  • Built in 2015

Lot Details

  • 0.29

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3.5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 4,040 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

  • Summit Elementary School
  • Silver Lake Middle School
  • Oconomowoc High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • 0.29 Acre Lot

Community Details

  • East Lake Village Subdivision

Listing and Financial Details

  • Exclusions: Seller's Personal Property.

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,157

Year Built

Built in 2015

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Range, Kitchen Refrigerator, 2 dishwashers (kitchen, lower level), microwave, washer, dryer, 2 wet bar beverage refrigerators, ice maker, Projector/screen, and 4 movie chairs.
  • Directions: Pabst Farms Blvd. to River Lakes Rd S. Corner lot
  • New Construction: No
  • Year Built: 2015
  • Cleared Acreage: Less than 1/2
  • Architecture: Colonial
  • Full Street Address: 1878 River Lakes ROAD S
  • Type 5 Heat Fuel: Electric, Natural Gas
  • HOAFeeYearly: 575.0
  • Kitchen Level: Main
  • Lot Acreage: 0.29
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: 8'+ Ceiling, Full
  • Interior Amenities: Seller Leased: Water Softener, Cable/Satellite Available, Pantry, Cathedral/vaulted ceiling, Walk-in closet(s), Wet Bar
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Room Bedroom5 Level: Lower
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 15
  • Second Floor Total Sq Ft: 4040.00

Exterior Features

  • Exclusions: Seller's Personal Property.
  • Exterior Features: Patio
  • Exterior Building Type: 2 Story
  • Exterior: Aluminum/Steel, Aluminum, Aluminum Trim, Vinyl

Garage/Parking

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

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown

Schools

  • School District: Oconomowoc Area
  • Elementary School: Summit
  • Middle School: Silver Lake
  • High School: Oconomowoc
  • Elementary School: Summit
  • High School: Oconomowoc
  • Junior High Dist: Oconomowoc Area

Lot Info

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

Tax Info

  • Tax Year: 2022
  • Total Taxes: 9156.71

MLS Schools

  • Middle School: Silver Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 22, 2024
Sold by
Spielmann Jill and Spielmann Christian
Bought by
Strube Nick and Nielsen Elizabeth
Seller's Agent
Julie LoDuca
Keller Williams Realty-Lake Country
Buyer's Agent
Glenn Hanon
Shorewest Realtors, Inc.
List Price
$759,900
Sold Price
$760,000
Premium/Discount to List
$100
0.01%
Views
180
Current Estimated Value
$815,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,574
Avg. Annual Appreciation
4.54%
Original Mortgage
$510,000
Outstanding Balance
$496,335
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$314,245

Purchase Details

Closed on
Dec 27, 2021
Sold by
Spielmann Carter Jill and Spielmann Christian
Bought by
Spielmann Jill and Carter Christian

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 28, 2021
Sold by
Hester Shaun P and Hester Kathryn M
Bought by
Carter Jill Spielmann and Carter Christian
Seller's Agent
Sara Michalak
Keller Williams Realty-Lake Country
Buyer's Agent
Nicole McGonigle
Keller Williams Realty-Lake Country
List Price
$655,000
Sold Price
$655,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$548,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2015
Sold by
Kaerek Homes Inc
Bought by
Hester Shaun P and Hester Kathyrn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2013
Sold by
Fink Andrew J and Guminey Fink Jamie L
Bought by
Kaerek Homes Inc

Purchase Details

Closed on
Jul 27, 2009
Sold by
Lewandowski Scott and Lewandowski Christine
Bought by
Fink Andrew J and Gumieny Fink Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2009
Sold by
Hartland Plaza Llc
Bought by
Lewandowski Scott and Lewandowski Christine

Purchase Details

Closed on
Apr 1, 2009
Sold by
Mp Land Inc
Bought by
Hartland Plaza Llc

Purchase Details

Closed on
Apr 29, 2008
Sold by
Isb Community Bank
Bought by
Mp Land Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 2, 2008
Sold by
A & B Developers Llc
Bought by
Isb Community Bank

Purchase Details

Closed on
Aug 23, 2005
Sold by
The Keinert Family Lp #1
Bought by
Allan Builders & Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Pabst Farms Development Llc
Bought by
The Keinert Family Lp #1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Strube Nick $760,000 None Listed On Document
Spielmann Jill -- None Listed On Document
Carter Jill Spielmann $655,000 Focus Title
Hester Shaun P $450,000 Memebrs Title Group Llc
Kaerek Homes Inc $77,900 None Available
Fink Andrew J $89,900 None Available
Lewandowski Scott -- None Available
Hartland Plaza Llc $103,600 None Available
Mp Land Inc $132,600 None Available
Isb Community Bank -- None Available
Allan Builders & Developers Llc $120,500 --
The Keinert Family Lp #1 $95,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strube Nick $510,000
Previous Owner Carter Jill Spielmann $548,250
Previous Owner Hester Shaun $81,600
Previous Owner Herster Shaun P $45,800
Previous Owner Hester Shaun P $16,500
Previous Owner Hester Shaun P $405,000
Previous Owner Fink Andrew J $80,900
Previous Owner Mp Land Inc $335,000
Previous Owner Allan Builders & Developers Llc $115,000
Previous Owner The Keinert Family Lp #1 $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $760,000 0.0% $188 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $759,900 +16.0% $188 / Sq Ft
04/30/2021 04/30/21 Sold $655,000 0.0% $162 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $655,000 -- $162 / 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 $8,661 $803,000 $92,500 $710,500
2023 $8,221 $726,600 $92,500 $634,100
2022 $9,087 $655,000 $92,500 $562,500
2021 $7,220 $527,300 $92,500 $434,800
2020 $8,058 $461,400 $87,600 $373,800
2019 $7,826 $461,400 $87,600 $373,800
2018 $7,747 $461,400 $87,600 $373,800
2017 $8,351 $461,400 $87,600 $373,800
2016 $7,723 $461,400 $87,600 $373,800
2015 $7,246 $436,600 $87,600 $349,000
2014 $1,573 $87,600 $87,600 $0
2013 $1,573 $94,800 $94,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1861916

Metro MLS

APN: OCOC-0630-081