NOT LISTED FOR SALE

2397 Norway Point Rd Pelican Lake, WI 54463

Estimated Value: $235,000 - $312,000

3 Beds
1.5 Baths
1,028 Sq Ft
$278/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $125,500 $122 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,704/month

281 Days on Market

Highlights

  • Boathouse
  • Docks
  • Views
  • Lake Front
  • Recreation Facilities
  • Shed

About This Home

As of December 2018

If you are looking to be on big water at an affordable price this Pelican Lake cottage deserves your attention. This property provides a level lot with 100 feet of sand frontage on one of the premier fishing and recreation lakes in Northern WI. The cottage is an older manufactured home, however it has been nicely maintained and offers 3 bedrooms, full bath, half bath, kitchen and living room. Additionally, there is a spacious 3-season lakeside enclosed porch. The cottage has a drilled well along with a 2,000 gallon holding tank installed in 2008. This offering also includes a dry boathouse, storage shed, fire pit and pier. Enjoy the existing cottage for now and perhaps build in the future. The well, septic and boathouse are already in place on a very nice lot.

Last Agent to Sell the Property

Todd Johnson

FIRST WEBER - RHINELANDER License #52863 - 90 Listed on: 03/16/2018

FIRST WEBER - RHINELANDER

Last Buyer's Agent

Todd Johnson

FIRST WEBER - RHINELANDER License #52863 - 90 Listed on: 03/16/2018

FIRST WEBER - RHINELANDER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,297

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x125
  • Lake Front
  • Landscaped
  • Level Lot

Home Design

  • Shingle Roof
  • Composition Roof
  • Metal Siding
  • Modular or Manufactured Materials
  • Skirt

Interior Spaces

  • 1,028 Sq Ft Home
  • 1-Story Property
  • Range
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Boathouse
  • Docks
  • Shed

Schools

  • Elcho High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Drilled Well
  • Gas Water Heater
  • Sewer Holding Tank
  • Phone Available

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number SC 142 17

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,297

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 100x125
  • Road Frontage Type: Town Road
  • Water Body Name: PELICAN
  • Ownership: Fee Simple
  • Directions: From Rhinelander-Hwy 8E to Hwy 45 S to right on Cty Hwy Q to left on Norway Point Rd.
  • Above Grade Finished Sq Ft: 1028.0
  • Architectural Style: One Story
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Mixed, Vinyl

Exterior Features

  • Lot Features: Easy Access, Lake Front, Level
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Manufactured, Metal Siding
  • Exterior Features: Dock, Landscaping, Shed, Skirting
  • Foundation Details: Skirt
  • Other Structures: Boat House, Shed(s)
  • Roof: Composition, Shingle

Utilities

  • Heating: Baseboard, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Holding Tank
  • Utilities: Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Park, Recreation Area

Schools

  • High School: LA Elcho

Lot Info

  • Lot Size Sq Ft: 12632.0
  • Parcel #: SC 142 17
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1297.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Dec 28, 2018
Sold by
Walbrun Steven and Walbrun Susan
Bought by
Woldt Kenneth J
Seller's Agent
Todd Johnson
FIRST WEBER - RHINELANDER
Buyer's Agent
Todd Johnson
FIRST WEBER - RHINELANDER
List Price
$134,500
Sold Price
$125,500
Premium/Discount to List
-$9,000
-6.69%
Current Estimated Value
$302,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,124
Avg. Annual Appreciation
12.49%
Original Mortgage
$100,400
Outstanding Balance
$65,257
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$220,047

Purchase Details

Closed on
Aug 3, 2015
Sold by
Walbrun Patricia
Bought by
Walbrun Steven and Walbrun Susan
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
Woldt Kenneth J $125,500 Northwoods Title & Closing S
Walbrun Steven $117,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woldt Kenneth J $100,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $125,500 -6.7% $122 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $134,500 -- $131 / 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 $1,341 $121,100 $104,500 $16,600
2023 $1,408 $121,100 $104,500 $16,600
2022 $1,268 $121,100 $104,500 $16,600
2021 $1,283 $121,100 $104,500 $16,600
2020 $1,163 $121,100 $104,500 $16,600
2019 $1,219 $121,100 $104,500 $16,600
2018 $1,217 $121,100 $104,500 $16,600
2017 $1,247 $121,100 $104,500 $16,600
2016 $1,114 $121,100 $104,500 $16,600
2015 $1,144 $121,100 $104,500 $16,600
2014 $1,144 $121,100 $104,500 $16,600
2011 $1,693 $181,100 $142,400 $38,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 170284

Greater Northwoods MLS

APN: 03001-0142-0017