NOT LISTED FOR SALE

221 Lake Dr Gresham, WI 54128

Estimated Value: $109,000 - $178,000

-- Bed
-- Bath
-- Sq Ft
0.46 Acres

Last Sold August 23, 2024

Last sale price $120,000

Est. 20% increase in value since last sale

Current estimated payment $861/month

175 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • 1-Story Property

About This Home

As of August 2024

Enjoy the lake views through the patio doors of your cabin and the sunset from your own dock. Level lot to the from the cabin to the 95 feet waterfront for fishing, boating and other water activities. Cabin interior has been started and is framed out, mostly insulated, most of the electrical has been run and is awaiting you to finish. Cabin plans show an open concept featuring a spacious living room with patio doors, kitchen, primary bedroom and bath, loft area for additional sleeping. Electrical is run to the cabin. Sewer and water already ran to the property but not to the cabin yet. There is firepit and a outdoor privy. Lower Red Lake is approx 240 Acres with max depth of 28 feet, fish include Musky, Panfish, Largemouth Bass, Smallmouth Bass and Northern Pike.

Last Agent to Sell the Property

Dawn Zimmerman

Zimms and Associates Realty, LLC Brokerage Phone: 920-655-7323 License #90-52865 Listed on: 03/01/2024

Last Buyer's Agent

Non-Member Account

RANW Non-Member Account

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,188

Year Built

  • Built in 2020

Lot Details

  • 0.46 Acre Lot
  • Waterfront
  • Rural Setting
  • Wooded Lot

Parking

  • No Driveway

Home Design

  • Block Foundation
  • Cedar Shake Siding

Additional Features

  • 1-Story Property
  • The lake is a source of water for the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,188

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Type: Residential
  • Tax Municipality: Gresham, Village of
  • Building Style: 1 Story
  • Municipality: Village of Gresham
  • Remarks Inclusions Public: Newer Dock and remaining insulation in cabin.
  • Estimated Year Built: 2020
  • Remarks Public: Enjoy the lake views through the patio doors of your cabin and the sunset from your own dock.  Level lot to the from the cabin to the 95 feet waterfront for fishing, boating and other water activities.  Cabin interior has been started and is framed out, mostly insulated, most of the electrical has been run and is awaiting you to finish. Cabin plans show an open concept featuring a spacious living room with patio doors, kitchen, primary bedroom and bath, loft area for additional sleeping. Electrical is run to the cabin. Sewer and water already ran to the property but not to the cabin yet. There is firepit and a outdoor privy. Lower Red Lake is approx 240 Acres with max depth of 28 feet, fish include Musky, Panfish, Largemouth Bass, Smallmouth Bass and Northern Pike.
  • Tax Municipal Sub Area: None
  • Water Features Other: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2020

Interior Features

  • Source Total Fin Sq Ft: Seller
  • PRIMARYBDBATHFEATURES: Primary Bath 1st Fl, Primary Bed 1st Floor

Exterior Features

  • Exterior Finish: Wood/Wood Shake/Cedar
  • Foundation: Block
  • Other Water Features: Dock/Pier
  • Water: Municipal Public Water
  • Water Frontage: Yes
  • Water Type: Lake

Garage/Parking

  • Driveway: Garage # 2-None

Utilities

  • Waste: Municipal Sewer
  • Water Body Name: Lower Red Lake

Lot Info

  • Estimated Acres: 0.46
  • Flood Plain: Unknown
  • Lot Description: Rural - Subdivision, Wooded
  • Zoning: Residential
  • Geo Address Line: 221 Lake Dr
  • Geo Primary City: Gresham
  • Geo Quality: 0.95
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 131701000070
  • Tax Net Amt: 1187.75

MLS Schools

  • School District: Gresham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Aug 23, 2024
Sold by
Berken Craig
Bought by
Krause Jerry
Seller's Agent
Dawn Zimmerman
Zimms and Associates Realty, LLC
Buyer's Agent
Non-Member Account
RANW Non-Member Account
List Price
$198,900
Sold Price
$120,000
Premium/Discount to List
-$78,900
-39.67%
Views
253
Current Estimated Value
$143,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,925
Avg. Annual Appreciation
14.42%

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 19, 2021
Sold by
J. Vanden Wyngaard Rick and A. Laura
Bought by
Craig Berken
Seller's Agent
Dawn Gut
RE/MAX North Winds Realty, LLC
Buyer's Agent
Dawn Gut
RE/MAX North Winds Realty, LLC
List Price
$64,900
Sold Price
$59,000
Premium/Discount to List
-$5,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%
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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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
Krause Jerry $120,000 Bay Title & Abstract, Inc.
Craig Berken $59,000 Bay Title & Abstract
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $120,000 -6.9% --
08/23/2024 08/23/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $128,900 -8.6% --
06/12/2024 06/12/24 Price Changed $141,000 -15.0% --
05/29/2024 05/29/24 Price Changed $165,900 -9.8% --
04/02/2024 04/02/24 Price Changed $183,900 -7.5% --
03/01/2024 03/01/24 For Sale $198,900 +237.1% --
04/19/2021 04/19/21 Sold $59,000 -9.1% -- View Prior Sale
03/25/2021 03/25/21 For Sale $64,900 -- --
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 $1,287 $44,800 $27,500 $17,300
2023 $1,441 $49,700 $27,500 $22,200
2022 $1,188 $40,100 $27,500 $12,600
2021 $820 $27,500 $27,500 $0
2020 $1,570 $27,500 $27,500 $0
2019 $1,529 $27,500 $27,500 $0
2018 $1,489 $25,100 $25,100 $0
2017 $1,416 $25,100 $25,100 $0
2016 $1,431 $25,100 $25,100 $0
2015 $441 $25,100 $25,100 $0
2014 $40,963 $25,100 $25,100 $0
2013 $1,403 $25,100 $25,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50287624

REALTORS® Association of Northeast Wisconsin

APN: 131-70-1-00-0070