NOT LISTED FOR SALE

2571 Potts Bay Ln Lac Du Flambeau, WI 54538

Estimated Value: $715,000 - $936,274

3 Beds
2.5 Baths
2,012 Sq Ft
$426/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $510,000 $253 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,973/month

49 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Views
  • Docks
  • 1 Car Garage
  • Patio

About This Home

As of November 2019

Possibly the best beach in the Northwoods! You'll love the level approach to this stunning beach and 100 feet of gorgeous ripple sand frontage. The 3 bedroom, 3 bath custom built home has been very well maintained. You can move right in and begin to enjoy all the Northwoods has to offer. Main level consists of newly remodeled kitchen, dining, family room, large laundry/mud room and half bath. There is a one car attached garage and a two car detached garage; plenty of room for all the toys. You'll fall in love with the fabulous south west views from this lakefront retreat on the famous 10 lake Fence Lake chain of lakes which consists of 10,000+ acres of water to explore. Additional features include: large brick patio, new roof, new flooring, new brushed stainless steel appliances, custom cabinets and breakfast bar, wood burning fireplace and whole house generator. Located only 15 minutes west of Minocqua, you will experience ultimate peace and tranquility.

Last Agent to Sell the Property

Adam Redman

REDMAN REALTY GROUP, LLC License #56355 - 90 Listed on: 09/09/2019

Last Buyer's Agent

PEGGY AUSLOOS

ELIASON REALTY - ST GERMAIN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,749

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Property fronts an easement
  • South Facing Home
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Stone Fireplace
  • Laundry on main level
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Docks
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well

Listing and Financial Details

  • Assessor Parcel Number 10-915

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,749

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Easement
  • Water Body Name: FENCE
  • Ownership: Fee Simple
  • Directions: Hwy 51 North to left on Hwy 47 to left on Potts Bay Lane stay left at fork onto gravel road to property on right.
  • Above Grade Finished Sq Ft: 2012.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile

Exterior Features

  • Lot Features: Lake Front, Level
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Exterior Features: Dock, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Detached, Garage, One Car Garage, Two Car Garage, Storage

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 10-915

Tax Info

  • Tax Annual Amount: 4749.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Oct 29, 2019
Sold by
Cassata Kevin N and Cassata Candi L
Bought by
Seiness Daniel S and Seiness Kelliene M
Seller's Agent
Adam Redman
REDMAN REALTY GROUP, LLC
Buyer's Agent
PEGGY AUSLOOS
ELIASON REALTY - ST GERMAIN
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$857,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,758
Avg. Annual Appreciation
9.07%
Original Mortgage
$459,000
Outstanding Balance
$404,603
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$453,155

Purchase Details

Listed on
Oct 25, 2017
Closed on
Jun 7, 2018
Sold by
Wagner Ii Jacob C and Wagner Lois
Bought by
Cassata Kevin N and Cassata Candi L
Seller's Agent
Mark Millen
SHOREWEST - MINOCQUA
Buyer's Agent
Mark Millen
SHOREWEST - MINOCQUA
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2017
Sold by
Ballweg Samuel J and Ballweg Annie R
Bought by
Wagner Jacob C and Wagner Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2014
Sold by
Richert John H and Richert Penelope K
Bought by
Ballweg Samuel J and Ballweg Annie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2006
Sold by
Sabatke Catherine A
Bought by
Richert John H and Richert Penelope P

Purchase Details

Closed on
Mar 29, 2005
Sold by
Sabatke Lyle F
Bought by
Sabatke Catherine A
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
Seiness Daniel S $510,000 None Available
Cassata Kevin N $500,000 Northwoods Title & Closing
Wagner Jacob C $490,000 Northwoods Title And Closing
Ballweg Samuel J $500,000 Gowey Abstract & Title
Richert John H $500,000 --
Sabatke Catherine A $340,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seiness Daniel S $459,000
Previous Owner Cassata Kevin N $200,000
Previous Owner Wagner Jacob C $392,000
Previous Owner Ballweg Samuel J $350,000
Closed Sabatke Catherine A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2019 11/01/19 Sold $510,000 -2.9% $253 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $525,000 +5.0% $261 / Sq Ft
06/18/2018 06/18/18 Sold $500,000 -5.5% $485 / Sq Ft View Prior Sale
06/18/2018 06/18/18 Pending -- -- --
10/30/2017 10/30/17 For Sale $529,000 -- $513 / 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 $5,704 $444,500 $250,000 $194,500
2023 $5,613 $444,500 $250,000 $194,500
2022 $5,383 $444,500 $250,000 $194,500
2021 $4,845 $444,500 $250,000 $194,500
2020 $4,781 $444,500 $250,000 $194,500
2019 $4,943 $444,500 $250,000 $194,500
2018 $4,749 $444,500 $250,000 $194,500
2017 $4,525 $444,500 $250,000 $194,500
2016 $4,758 $444,500 $250,000 $194,500
2015 $4,811 $444,500 $250,000 $194,500
2014 $4,756 $444,500 $250,000 $194,500
2013 $4,495 $392,500 $250,000 $142,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 181068

Greater Northwoods MLS

APN: 10-915