$62,500
SOLD AUG 3, 2020

2047 Reel Em In Rd Unit 15 Tomahawk, WI 54487

-- Bed
-- Bath
667 Sq Ft
3.76 Acres

Recently Sold

$94 Per Sq Ft

4% Above List Price

226 Days on Market

Highlights

  • Lake Front
  • Views
  • Trails
  • Docks
  • 2 Car Garage
  • High Speed Internet

About This Home

As of December 2021

Looking to build on Big Water? Lakewood Condo's Unit #15 is just that place! This Garage and Expandable area is ideal for that. For your own cottage on the shores of Lake Nokomis. Whether you prefer relaxing on the sandy beach, or taking a boat ride, this cottage offers all this and more! With your own pier and boat slip, you'll have a hassle free vacation on the water. This 4,000 acre lake offers loads of fun, whether it be fishing, tubing or floating around on your pontoon! The choices are endless! Also included are 3 parking spaces, pier slip and available soon will the garage storage units to store all your toys.

Last Agent to Sell the Property

Patrick Schey

LAKEPLACE.COM - VACATIONLAND PROPERTIES License #53664 - 90 Listed on: 12/17/2019

Last Buyer's Agent

Patrick Schey

LAKEPLACE.COM - VACATIONLAND PROPERTIES License #53664 - 90 Listed on: 12/17/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $319

Parking

  • 2 Car Garage
  • Gravel Driveway
  • Shared Driveway

Home Design

  • 667 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Composite Building Materials
  • Masonite

Schools

  • Tomahawk Elementary And Middle School
  • Tomahawk High School

Utilities

  • Heating System Uses Natural Gas
  • Shared Well
  • Drilled Well
  • Public Septic Tank
  • Shared Septic
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Docks
  • Lake Front
  • Property Views

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number 02201-1432-0000

Property Details

Home Type

Condominium

Est. Annual Taxes

$319

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: NOKOMIS
  • Ownership: Condominium
  • Directions: West on Hwy 8 to right on County Y, just over the bridge on Lake Nokomis, turn right on Camp Rice Point Road, to the end and left at Lakewood Condominiums.
  • Above Grade Finished Sq Ft: 667.0
  • Garage Yn: Yes
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Fireplace Features: None
  • Fireplace: No

Exterior Features

  • Lot Features: Buildable, Lake Front, Level
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Rocky, Lake Front
  • Waterfront: Yes
  • Construction Type: Composite Siding, Frame, Masonite
  • Exterior Features: Dock, Gravel Driveway
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Driveway, Shared Driveway
  • Total Parking Spaces: 3.0

Utilities

  • Heating: Natural Gas, Other
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes, Shared Septic
  • Utilities: Cable Available, High Speed Internet Connected
  • Water Source: Drilled Well, Other, Shared Well

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Association Fee: 86.18
  • Common Interest: Condominium

Schools

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

Lot Info

  • Lot Size Sq Ft: 163786.0
  • Parcel #: 02201-1432-0000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 319.0
  • Tax Year: 2019

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: 182360

Greater Northwoods MLS

APN: NO 1432