NOT LISTED FOR SALE

2338 State Highway 17 Phelps, WI 54554

Estimated Value: $235,000 - $279,000

2 Beds
1 Bath
890 Sq Ft
$293/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $129,000 $145 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,537/month

102 Days on Market

Highlights

  • Lake Front
  • Docks
  • Forced Air Heating System
  • Phelps High School Rated 9+
  • Bungalow
  • West Facing Home

About This Home

As of January 2019

Check out this 2 bedroom 1 bath cabin located on one of the premier musky lakes located in the north woods. North Twin Lake in Phelps has 2788 acres of water sports fun and you are only 25 steps down from the yard to the waters edge. Removable pier is included. No need to worry about septic or well, as this property is on city water, city sewer, and has natural gas with forced air for heating. Shingles were installed in 2013 and vinyl siding is on on the exterior. Phelps offers some of the most picturesque hiking, biking, and snowmobiling around. Spring time brings the sap out of the trees and syrup on the table as Phelps also hosts Maple Syrup Fest every spring. You will enjoy getting away from it all in this 4 season home, just a 15-20 minute drive to Eagle River. Come see it today!

Last Agent to Sell the Property

Jeremy Oberlander

REDMAN REALTY GROUP, LLC Listed on: 10/16/2018

Last Buyer's Agent

Jeremy Oberlander

REDMAN REALTY GROUP, LLC Listed on: 10/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1960

Lot Details

  • 9,167 Sq Ft Lot
  • Lot Dimensions are 102x89
  • Lake Front
  • West Facing Home
  • Zoning described as All Purpose

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 890 Sq Ft Home
  • Carpet
  • Water Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Docks

Schools

  • Phelps Elementary And Middle School
  • Phelps High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 18-97

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,756

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 102x89
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Water Body Name: NORTH TWIN
  • Ownership: Fee Simple
  • Directions: From Eagle River, Take HWY 45 N to HWY 17. Go RT on HWY 17 to Fire # 2338
  • Above Grade Finished Sq Ft: 890.0
  • Architectural Style: Bungalow
  • Property Attached Yn: No
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space, Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Mixed

Exterior Features

  • Lot Features: Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Gravel, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: West
  • Exterior Features: Dock
  • Foundation Details: Block
  • Roof: Composition, Shingle

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Schools

  • Elementary School: VI Phelps
  • High School: VI Phelps
  • Middle Or Junior School: VI Phelps

Lot Info

  • Lot Size Sq Ft: 9167.0
  • Parcel #: 18-97
  • Zoning Description: All Purpose

Tax Info

  • Tax Annual Amount: 1756.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2018
Closed on
Jan 31, 2019
Sold by
Gherardini J Norman and Gherardini Lucille E
Bought by
Satran Thomas A and Satran Tina L
Seller's Agent
Jeremy Oberlander
REDMAN REALTY GROUP, LLC
Buyer's Agent
Jeremy Oberlander
REDMAN REALTY GROUP, LLC
List Price
$149,900
Sold Price
$129,000
Premium/Discount to List
-$20,900
-13.94%
Current Estimated Value
$261,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,137
Avg. Annual Appreciation
11.08%
Original Mortgage
$103,200
Outstanding Balance
$66,273
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$194,864
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 Buyer Sale Price Title Company
Satran Thomas A $129,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satran Thomas A $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $129,000 -13.9% $145 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
10/19/2018 10/19/18 For Sale $149,900 -- $168 / 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 $1,835 $137,200 $90,800 $46,400
2023 $1,554 $137,200 $90,800 $46,400
2022 $1,627 $137,200 $90,800 $46,400
2021 $1,593 $137,200 $90,800 $46,400
2020 $1,637 $137,200 $90,800 $46,400
2019 $1,612 $132,800 $90,800 $42,000
2018 $2,425 $166,800 $110,200 $56,600
2017 $1,756 $166,800 $110,200 $56,600
2016 $1,776 $166,800 $110,200 $56,600
2015 $1,792 $166,800 $110,200 $56,600
2014 $1,734 $166,800 $110,200 $56,600
2013 $1,922 $166,800 $110,200 $56,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 175149

Greater Northwoods MLS

APN: 18-97