NOT LISTED FOR SALE

1962 Mekyer Dr Unit 1 Three Lakes, WI 54562

Estimated Value: $310,000 - $364,716

2 Beds
1 Bath
936 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $295,000 $315 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,905/month

85 Days on Market

Highlights

  • Lake Front
  • Deck
  • Open Patio
  • Docks
  • Views
  • Ceiling Fan

About This Home

As of August 2022

Affordable fully furnished 2 bedroom 1 bath home, level, sand bottom frontage on the Three Lakes Chain. With an excellent rental history and good profit margins, this north woods getaway or investment property has it all. As part of the Range Line Condominiums, enjoy Range Line Lake, one of the quieter lakes that includes easy access to the entire chain with most fishing, pleasure and deck boats. Bike, hike, and snowmobile from the property while still being close to town. If you are looking to own on the highly desirable Three Lakes Chain don’t let this chance pass you by. And let the rental income help with payments. 184

Last Agent to Sell the Property

Bob McMahon

CENTURY 21 BURKETT - THREE LKS Listed on: 05/17/2022

CENTURY 21 BURKETT - THREE LKS

Last Buyer's Agent

Bob McMahon

CENTURY 21 BURKETT - THREE LKS Listed on: 05/17/2022

CENTURY 21 BURKETT - THREE LKS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 1993

Lot Details

  • Lake Front
  • Level Lot
  • Zoning described as Commercial

Parking

  • 1 Car Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

  • Three Lakes Elementary And Middle School
  • Three Lakes High School

Utilities

  • Baseboard Heating
  • Drilled Well
  • Electric Water Heater
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number TL-3806

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,546

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Highway
  • Water Body Name: RANGE LINE
  • Ownership: Condominium
  • Directions: HWY 45 N from Three Lakes (1.2 miles) to Mekyer Drive. Cabin 7 on the Left.
  • Above Grade Finished Sq Ft: 936.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Lake Front, Level
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Modular/Prefab, Vinyl Siding, Wood Siding
  • Exterior Features: Dock
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, One Car Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Main Level
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Association Fee: 142.0

Schools

  • Elementary School: ON Three Lakes
  • High School: ON Three Lakes
  • Middle Or Junior School: ON Three Lakes

Lot Info

  • Parcel #: TL-3806
  • Zoning Description: Commercial

Tax Info

  • Tax Annual Amount: 1546.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Aug 19, 2022
Sold by
Rgd Properties Llc
Bought by
Latitude 43 Properties Llc
Seller's Agent
Bob McMahon
CENTURY 21 BURKETT - THREE LKS
Buyer's Agent
Bob McMahon
CENTURY 21 BURKETT - THREE LKS
List Price
$324,900
Sold Price
$295,000
Premium/Discount to List
-$29,900
-9.2%
Views
14
Current Estimated Value
$330,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,179
Avg. Annual Appreciation
3.68%

Purchase Details

Closed on
Feb 28, 2011
Sold by
Peyer Randy S and Peyer Jodi R
Bought by
Rgd Properties Llc
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
Latitude 43 Properties Llc $295,000 Knight Barry Title
Rgd Properties Llc $172,000 Northern Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $295,000 -1.5% $315 / Sq Ft
06/07/2022 06/07/22 Price Changed $299,500 -7.8% $320 / Sq Ft
05/25/2022 05/25/22 For Sale $324,900 -- $347 / 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 $1,848 $149,000 $72,300 $76,700
2023 $1,832 $149,000 $72,300 $76,700
2022 $1,500 $149,000 $72,300 $76,700
2021 $1,741 $149,000 $72,300 $76,700
2020 $1,526 $149,000 $72,300 $76,700
2019 $1,530 $149,000 $72,300 $76,700
2018 $1,531 $149,000 $72,300 $76,700
2017 $1,461 $149,000 $72,300 $76,700
2016 $1,036 $118,400 $34,800 $83,600
2015 $1,066 $118,400 $34,800 $83,600
2014 $1,066 $118,400 $34,800 $83,600
2011 $786 $89,200 $34,800 $54,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 196696

Greater Northwoods MLS

APN: 03601-3806-0000