NOT LISTED FOR SALE

1975 Sumac Ln Tomahawk, WI 54487

Estimated Value: $572,858 - $727,000

2 Beds
2 Baths
1,040 Sq Ft
$608/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $360,000 $346 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,388/month

62 Days on Market

Highlights

  • Lake Front
  • Deck
  • Cathedral Ceiling
  • Docks
  • Raised Ranch Architecture
  • Fenced Yard

About This Home

As of November 2020

This 2 bed, 2 bath home is located in the heart of Lake Nokomis. The main floor features an open concept kitchen, dining and living room, cathedral ceilings, 2 bedrooms, a full bath, and an awesome southwest view from the upper level deck. The lower level has a family room with patio doors to a lakeside patio, a full bath, utility area and generous storage. Newer kitchen appliances, new garage roof in 2020, 2 nw exterior doors. Easy access off Hwy 51, right by the Windmill Ice Cream Shoppe and the Bearskin Trail. Lake Nokomis is hot hot hot! This won't last long. Call today for a showing!

Last Agent to Sell the Property

Deonn Graeber

NORTHWOODS COMMUNITY REALTY, LLC License #84154 - 94 Listed on: 09/14/2020

Last Buyer's Agent

Ron Garrison

NORTHWOODS COMMUNITY REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,822

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 102x220
  • Lake Front
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Water Views
  • Dryer

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement
  • Basement Window Egress

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

  • Tomahawk Elementary And Middle School
  • Tomahawk High School

Utilities

  • Baseboard Heating
  • Drilled Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number N-1047

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,822

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 102x220
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Water Body Name: NOKOMIS
  • Ownership: Fee Simple
  • Directions: From Tomahawk, north on Hwy A to west on Hwy 8, to north on Cth L, to left at the Tilted Loon. Blacktop driveway straight ahead up to property. No sign on property.
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Daylight, Exterior Entry, Egress Windows, Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 715.0
  • Door Features: French Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Fencing: Yard Fenced
  • Lot Features: Lake Front, Views, Retaining Wall
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Manufactured, Wood Siding
  • Exterior Features: Dock, Fence
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet Connected
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Trails/Paths

Schools

  • Elementary School: LI Tomahawk
  • High School: LI Tomahawk
  • Middle Or Junior School: LI Tomahawk

Lot Info

  • Lot Size Sq Ft: 22216.0
  • Parcel #: N-1047

Tax Info

  • Tax Annual Amount: 2822.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Nov 19, 2020
Sold by
Lipke Howard E and Lipke Laura B
Bought by
Mid Lake Crisis Llc
Seller's Agent
Deonn Graeber
NORTHWOODS COMMUNITY REALTY, LLC
Buyer's Agent
Ron Garrison
NORTHWOODS COMMUNITY REALTY, LLC
List Price
$345,000
Sold Price
$360,000
Premium/Discount to List
$15,000
4.35%
Current Estimated Value
$594,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,081
Avg. Annual Appreciation
11.50%
Original Mortgage
$280,800
Outstanding Balance
$249,872
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$382,843

Purchase Details

Closed on
Jun 13, 2011
Sold by
Blair Burce and Blair Francis A
Bought by
Lipke Howard E and Lipke Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.67%
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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Purchase History

Date Buyer Sale Price Title Company
Mid Lake Crisis Llc $360,000 Midwest Title Group Llc
Lipke Howard E $205,000 Oneida Title & Abstract, Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mid Lake Crisis Llc $280,800
Previous Owner Lipke Howard E $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $360,000 +4.3% $346 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $345,000 -- $332 / 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 $3,738 $396,200 $240,000 $156,200
2023 $3,637 $396,200 $240,000 $156,200
2022 $3,089 $198,300 $100,000 $98,300
2021 $2,862 $198,300 $100,000 $98,300
2020 $2,848 $198,300 $100,000 $98,300
2019 $2,822 $198,300 $100,000 $98,300
2018 $2,760 $198,300 $100,000 $98,300
2017 $2,694 $198,300 $100,000 $98,300
2016 $2,476 $198,300 $100,000 $98,300
2015 $2,460 $198,300 $100,000 $98,300
2014 $2,460 $198,300 $100,000 $98,300
2011 $2,442 $239,500 $143,600 $95,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 187403

Greater Northwoods MLS

APN: NO 1047