NOT LISTED FOR SALE

221 E Rhine St Elkhart Lake, WI 53020

Estimated Value: $336,054 - $523,000

4 Beds
2 Baths
1,701 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $277,000 $163 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,721/month

78 Days on Market

Highlights

  • Victorian Architecture
  • 2 Car Detached Garage
  • Kitchen Island
  • Elkhart Lake Elementary/Middle School Rated 9+
  • Forced Air Heating and Cooling System
  • 2-minute walk to Elkhart Lake Town Playground

About This Home

As of October 2019

Highly profitable income property or single family home located in the heart of Elkhart Lake! Fully renovated 4 bdrm, 2 bathroom home including all furnishings. Victorian details retained with modern kitchen and baths for the perfect spot to enjoy this wonderful resort town to the fullest! 2.5 car detached garage. Close to the pristine lake, restaurants, resorts and race track.

Last Agent to Sell the Property

LISTING MAINTENANCE

CRES, LLP Listed on: 07/17/2019

Last Buyer's Agent

Non-Member Account

RANW Non-Member Account

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1912

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120

Home Design

  • Victorian Architecture
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,701 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,450

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Type: Residential
  • Architecture: Victorian/Federal
  • Tax Municipality: Elkhart Lake, Village of
  • Building Style: 1.5 Story
  • Livinggreat Rm Level: Main
  • Municipality: Village of Elkhart Lake
  • Remarks Exclusions Public: Seller's personal items, snow blower, lawn mower.
  • Remarks Inclusions Public: Stove, refrigerator, microwave over, dishwasher, all window treatments, washer/dryer, most furnishings.
  • Estimated Year Built: 1912
  • Remarks Public: Highly profitable income property or single family home located in the heart of Elkhart Lake! Fully renovated 4 bdrm, 2 bathroom home including all furnishings. Victorian details retained with modern kitchen and baths for the perfect spot to enjoy this wonderful resort town to the fullest! 2.5 car detached garage. Close to the pristine lake, restaurants, resorts and race track.
  • Tax Municipal Sub Area: None
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1912

Interior Features

  • Appliances Included: Dishwasher, Dryer, Microwave, Oven/Range, Refrigerator, Washer
  • Interior Misc Included: At Least 1 Bathtub, High Speed Internet Avail, Kitchen Island
  • Total Bathrooms: 2
  • Bathrooms Finished Full: 2
  • Bathrooms Number Full Main: 1
  • Bathrooms Number Full Upper: 1
  • Finished Bedrooms: 4
  • Bedroom 1 Primary: 12x12
  • Bedroom 1 Primary Level: Upper
  • Bedroom 2: 10x10
  • Bedroom 2 Level: Upper
  • Bedroom 3: 10x9
  • Bedroom 3 Level: Upper
  • Bedroom 4: 9x9
  • Bedroom 4 Level: Main
  • Kitchen: 20x13
  • Kitchen Level: Main
  • Family Room: 13x9
  • Family Room Level: Main
  • Formal Dining: 14x13
  • Formal Dining Level: Main
  • Living/Great Room: 13x11
  • Lower Level: Crawl, Partial Basement
  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Finished Above Grade Est: 1701
  • Sq Ft Total Finished Above And Below: 1701
  • Price Per Sq Ft: 162.85

Exterior Features

  • Exterior Finish: Vinyl
  • Exterior Misc Included: Deck
  • Foundation: Poured Concrete
  • Water: Municipal Public Water

Garage/Parking

  • Garage: Detached, Opener Included
  • Driveway: Garg # 1 Paved/Ex. Prkng
  • Number of Car Spaces: 2.5 Car (min width 24`)
  • Garage1 Type: Detached
  • Total Number of Garages: 2

Utilities

  • Heating Cooling: Central A/C, Forced Air
  • Heating Fuel Type: Natural Gas
  • Waste: Municipal Sewer

Schools

  • School District: Elkhart Lake-Glenbeulah

Lot Info

  • Estimated Acres: 0.17
  • Estimated Lot Dimensions: 60x120
  • Estimated Lot Sq Ft: 7200
  • Source Lot Sq Ft: Assessor/Public Record
  • Zoning: Residential
  • Geo Address Line: 221 E Rhine St
  • Geo Primary City: Elkhart Lake
  • Geo Quality: 1
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 59121580900
  • Tax Net Amt: 2449.72
  • Tax Year: 2018

MLS Schools

  • School District: Elkhart Lake-Glenbeulah

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Oct 1, 2019
Sold by
Baus Preston J
Bought by
Mcbroom Joshua and Mcbroom Emily
Seller's Agent
LISTING MAINTENANCE
CRES, LLP
Buyer's Agent
Non-Member Account
RANW Non-Member Account
List Price
$389,900
Sold Price
$277,000
Premium/Discount to List
-$112,900
-28.96%
Total Days on Market
78
Current Estimated Value
$428,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,764
Avg. Annual Appreciation
8.05%
Original Mortgage
$221,600
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2013
Sold by
Baus Preston J. Preston J. and Baus Preston J
Bought by
Schmitz James J and Schmitz Dori A
Source: Public Records

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Range of Values:

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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
Mcbroom Joshua $277,000 New Title Company Name
Schmitz James J $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcbroom Joshua V $218,500
Closed Mcbroom Joshua $221,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $277,000 -29.0% $163 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $389,900 -- $229 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $3,765 $255,300 $20,500 $234,800
2023 $3,315 $255,300 $20,500 $234,800
2022 $2,623 $148,500 $16,600 $131,900
2021 $2,730 $148,500 $16,600 $131,900
2020 $2,610 $141,500 $16,600 $124,900
2019 $2,568 $141,500 $16,600 $124,900
2018 $2,450 $141,500 $16,600 $124,900
2017 $2,429 $141,500 $16,600 $124,900
2016 $2,466 $141,500 $16,600 $124,900
2015 $2,495 $141,500 $16,600 $124,900
2014 $2,337 $137,500 $16,600 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50207237

REALTORS® Association of Northeast Wisconsin

APN: 59121580900