$245,000
SOLD DEC 15, 2021

2047 Reel Em In Rd Unit 15 Tomahawk, WI 54487

3 Beds
1.5 Baths
1,116 Sq Ft
2.99 Acres

Recently Sold

$220 Per Sq Ft

35% Below List Price

126 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Heating System Uses Natural Gas
  • Docks
  • Tankless Water Heater

About This Home

As of December 2021

Come, enjoy Lake Nokomis to the fullest! This place offers you all the rewards of living on one of the Northwoods finest lakes with minimal work required. This 3 bedroom, 1.5 bath Lakehouse features custom barn wood that is over 100 years old included in the kitchen, beams, windows, light fixtures, bathroom and trim. It's truly a unique place that you can't easily find anywhere. Lawn care, snow removal, caring for dock and grounds are all covered by association. Build in 2020, everything is brand new, so say goodbye to your to do list and say hello to relaxing! Only on the Market until September 19th, 2021!!!

Last Agent to Sell the Property

TIMOTHY NELSON

WILD RIVERS GROUP REAL ESTATE, LLC Listed on: 08/09/2021

Co-Listed By

John Long

WILD RIVERS GROUP REAL ESTATE, LLC

Last Buyer's Agent

NON NON MEMBER

NON-MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $388

Year Built

  • Built in 2020

Lot Details

  • Lake Front

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Composite Building Materials
  • Masonite
  • Stone

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Boat Slip
  • Docks

Schools

  • Tomahawk Elementary And Middle School
  • Tomahawk High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Shared Well
  • Tankless Water Heater
  • Gas Water Heater
  • Shared Septic

Listing and Financial Details

  • Assessor Parcel Number NO - 1432

Property Details

Home Type

Condominium

Est. Annual Taxes

$388

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Water Body Name: NOKOMIS
  • Co List Office Mls Id: 761
  • Co List Office Phone: (715)224-3209
  • Ownership: Fee Simple,Condominium
  • Directions: From Intersection of Hwy 51 and Hwy 8, go west on Hwy 8, Turn North on Hwy Y, Turn Right at Camp Rice Point Rd to Lakewood Condominiums, look for Realtor sign
  • Above Grade Finished Sq Ft: 1116.0
  • Architectural Style: One Story
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2020
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Water Heater, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate

Exterior Features

  • Lot Features: Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Composite Siding, Frame, Masonite, Other, Stone
  • Exterior Features: Boat Slip, Dock, Other, Gravel Driveway
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage, Driveway
  • Total Parking Spaces: 3.0

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Shared Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 100.0
  • Common Interest: Condominium

Schools

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

Lot Info

  • Lot Size Sq Ft: 130244.0
  • Parcel #: NO - 1432

Tax Info

  • Tax Annual Amount: 388.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Dec 15, 2021
Sold by
Westfall Rick and Westfall Tammy
Bought by
Zunker Steve and Strey Carrie
Seller's Agent
TIMOTHY NELSON
WILD RIVERS GROUP REAL ESTATE, LLC
Buyer's Agent
NON NON MEMBER
NON-MEMBER
List Price
$374,900
Sold Price
$245,000
Premium/Discount to List
-$129,900
-34.65%
Current Estimated Value
$410,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,944
Avg. Annual Appreciation
14.58%
Original Mortgage
$196,000
Outstanding Balance
$51,767
Interest Rate
2.98%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$359,177

Purchase Details

Listed on
Aug 9, 2021
Closed on
Dec 3, 2021
Sold by
Sna Properties Llc
Bought by
Westfall Rick and Westfall Tammy
Seller's Agent
TIMOTHY NELSON
WILD RIVERS GROUP REAL ESTATE, LLC
Buyer's Agent
NON NON MEMBER
NON-MEMBER
List Price
$374,900
Sold Price
$245,000
Premium/Discount to List
-$129,900
-34.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$51,767
Interest Rate
2.98%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$359,177

Purchase Details

Listed on
Dec 17, 2019
Closed on
Jul 31, 2020
Sold by
Sna Properties Llc
Bought by
Westfall Rick and Westfall Tammy
Seller's Agent
Patrick Schey
LAKEPLACE.COM - VACATIONLAND PROPERTIES
Buyer's Agent
Patrick Schey
LAKEPLACE.COM - VACATIONLAND PROPERTIES
List Price
$59,900
Sold Price
$62,500
Premium/Discount to List
$2,600
4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.05%
Original Mortgage
$50,000
Interest Rate
4.5%
Mortgage Type
Land Contract Argmt. Of Sale
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 Type Sale Price Title Company
Condominium Deed $245,000 Shoreline Title
Condominium Deed -- Shoreline Title
Land Contract $65,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $245,000 -34.6% $220 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $374,900 +499.8% $336 / Sq Ft
08/03/2020 08/03/20 Sold $62,500 +4.3% $94 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $59,900 -- $90 / 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 $2,642 $280,000 $80,000 $200,000
2023 $2,570 $280,000 $80,000 $200,000
2022 $1,919 $123,900 $18,000 $105,900
2021 $771 $53,400 $18,000 $35,400
2020 $324 $26,700 $18,000 $8,700
2019 $319 $26,700 $18,000 $8,700
2018 $312 $26,700 $18,000 $8,700
2017 $303 $26,700 $18,000 $8,700
2016 $283 $26,700 $18,000 $8,700
2015 $282 $26,700 $18,000 $8,700
2014 $282 $26,700 $18,000 $8,700
2011 $306 $33,700 $22,600 $11,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 192695

Greater Northwoods MLS

APN: NO 1432