NOT LISTED FOR SALE

2550 Hwy 8 Monico, WI 54501

Estimated Value: $14,731 - $75,000

2.87 Acres
$14,138 Price per Acre
125,017 Sq Ft Lot

Last Sold September 26, 2022

Last sale price $12,000

Est. 238% increase in value since last sale

Current estimated payment $231/month

65 Days on Market

About This Lot

As of September 2022

Located in the heart of the Northwoods! This property has easy access off Hwy 8 between Rhinelander and Monico. The lot consists of 2.78 acres and abuts thousands of acres of Manage Forest Lands (MFL) which are currently open to public used for recreational purposes such as hunting, hiking or just plain exploring all that Northern Wisconsin has to offer. Property is in a currently unzoned town and is heavily wooded with lowlands and some highlands. With ATV/UTV and snowmobile trails nearby this may just be the perfect location for you. Call today for a personal showing of this property and let the up north adventures begin.

Last Agent to Sell the Property

Scott Freimuth

NORWISREALTY.COM LLC License #49270 - 90 Listed on: 06/23/2022

Last Buyer's Agent

Matt Wallmow

REDMAN REALTY GROUP, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $111

Lot Details

  • 2.87 Acre Lot
  • Rural Setting

Schools

  • Three Lakes Elementary And Middle School
  • Three Lakes High School

Listing and Financial Details

  • Assessor Parcel Number 01801-0215-0002

Community Details

Amenities

  • Shops

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$111

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Directions: From the intersection of Cty G and Hwy 8 in Rhinelander, go east on Hwy 8 approximately 8.5 mile to property on North side of hwy and sign.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rural Lot, Wetlands
  • Waterfront: No

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Elementary School: ON Three Lakes
  • High School: ON Three Lakes
  • Middle Or Junior School: ON Three Lakes

Lot Info

  • Current Use: Hunting
  • Lot Size Sq Ft: 125017.0
  • Parcel #: 01801-0215-0002
  • Zoning Description: Other

Tax Info

  • Tax Annual Amount: 111.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 13, 2022
Sold by
Kiel Elizabeth L
Bought by
Skeen Daniel Steven
Seller's Agent
Scott Freimuth
NORWISREALTY.COM LLC
Buyer's Agent
Matt Wallmow
REDMAN REALTY GROUP, LLC
List Price
$19,900
Sold Price
$12,000
Premium/Discount to List
-$7,900
-39.7%
Views
8
Current Estimated Value
$40,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,577
Avg. Annual Appreciation
52.21%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Algiers Richard P and Algiers Doris E
Bought by
Kiel Elizabeth L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Skeen Daniel Steven $12,000 Oneida Title
Kiel Elizabeth L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $12,000 -19.5% --
08/30/2022 08/30/22 Pending -- -- --
08/14/2022 08/14/22 Price Changed $14,900 -25.1% --
06/25/2022 06/25/22 For Sale $19,900 -- --
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 $125 $11,700 $11,700 $0
2023 $137 $11,700 $11,700 $0
2022 $117 $11,700 $11,700 $0
2021 $124 $11,700 $11,700 $0
2020 $116 $11,700 $11,700 $0
2019 $119 $11,700 $11,700 $0
2018 $122 $11,700 $11,700 $0
2017 $117 $11,700 $11,700 $0
2016 $120 $11,700 $11,700 $0
2015 $114 $11,700 $11,700 $0
2014 $114 $11,700 $11,700 $0
2011 $123 $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 197467

Greater Northwoods MLS

APN: MO 215 2