NOT LISTED FOR SALE

2748 State Highway 17 Phelps, WI 54554

Estimated Value: $919,419 - $1,021,000

4 Beds
4 Baths
3,974 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 09, 2024

Last sale price $855,000 $215 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,610/month

49 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Spa
  • Phelps High School Rated 9+
  • Docks
  • Sauna

About This Home

As of October 2024

This immaculately maintained property has all the amenities. The 4 BD, 4 BA home is situated in a park-like setting w/ a towering tree canopy. Western exposure on North Twin Lake & access to South Twin totals 3,430 ac of full rec fun. A black top driveway leads to a covered porch & 30x30 detached garage. The primary suite, additional BD & BA, large mud room & laundry room, lakeside kitchen, dining & craftsman style living room w/ beautiful beams, built-ins and stone fireplace complete the main level. Upper level includes 2 BD, 1BA , a bunk room & office. The lower level is where all the fun begins. The rec room offers ample space for games & entertaining, a beautiful wet bar & walkout. The in-home spa has a sunk-in hot tub, sauna & 4th BA. Think there can’t be more? The fire pit next to the dry boat house w/ a party deck perched on the sandy shores allows you to fully immerse yourself in a Northwoods escape. With furnishings all included, pack your bags and begin to unwind.

Last Agent to Sell the Property

Cassi Rupnow

SHOREWEST - MINOCQUA Listed on: 08/21/2024

SHOREWEST - MINOCQUA

Last Buyer's Agent

David Eliason

ELIASON REALTY - EAGLE RIVER License #49853 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,125

Lot Details

  • 2.18 Acre Lot
  • Lake Front
  • Open Space
  • West Facing Home
  • Dog Run
  • Fenced Yard
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Sloped Lot

Parking

  • 3 Car Detached Garage
  • Shared Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • 1 Fireplace
  • Wood Burning Stove
  • French Doors
  • Sauna
  • Water Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Boathouse
  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Underground Utilities
  • Well
  • Gas Water Heater
  • Phone Available

Community Details

  • Phelps Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-293

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,125

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Highway
  • Water Body Name: NORTH TWIN
  • Ownership: Fee Simple
  • Subdivision Name: Phelps
  • Directions: Hwy 45 North to a right on Hwy 17 to #2748 on Left
  • Above Grade Finished Sq Ft: 2362.0
  • 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

  • Furnished: Furnished Or Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Daylight, Exterior Entry, Full, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1612.0
  • Door Features: French Doors
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Hot Tub/Spa, Main Level Primary, Sauna, Cable TV, Walk-In Closet(s)

Exterior Features

  • Fencing: Yard Fenced
  • Lot Features: Buildable, Lake Front, Open Space, Private, Secluded, Sloped, Views, Retaining Wall
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Rocky, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Stone, Wood Siding
  • Direction Faces: West
  • Exterior Features: Deck, Dock, Dog Run, Fence, Landscaping, Patio
  • Foundation Details: Poured
  • Other Structures: Boat House
  • Patio And Porch Features: Covered, Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage, Driveway, Shared Driveway

Utilities

  • Laundry Features: Main Level
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 94961.0
  • Parcel #: 18-293

Tax Info

  • Tax Annual Amount: 5125.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 9, 2024
Sold by
Paul R Hofmann And Emily J Bauer Trus
Bought by
Simmons Bryan and Simmons Alicia
Seller's Agent
Cassi Rupnow
SHOREWEST - MINOCQUA
Buyer's Agent
David Eliason
ELIASON REALTY - EAGLE RIVER
List Price
$924,000
Sold Price
$855,000
Premium/Discount to List
-$69,000
-7.47%
Views
14
Current Estimated Value
$971,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,355
Avg. Annual Appreciation
13.32%

Purchase Details

Closed on
Dec 4, 2020
Sold by
Weinand Jacob S and Weinand Laura M
Bought by
Hofmann Paul R and Bauer Emily J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2016
Sold by
Weinand Mark W and Weinand Sharon N
Bought by
Weinand Jacob S and Weinand Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,699
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2008
Sold by
Koopman Ralph W
Bought by
Bank Of America National Association

Purchase Details

Closed on
Nov 9, 2005
Sold by
North Venture Holdings Llc
Bought by
Koopman Ralph W and Koopman Kathy M
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
Simmons Bryan $855,000 Northwoods Title & Closing Ser
Hofmann Paul R $545,000 Northwoods Ttl & Closing Svc
Weinand Jacob S -- Vilas Title Service Inc
Bank Of America National Association $477,600 --
Koopman Ralph W $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hofmann Paul R $436,000
Previous Owner Weinand Jacob S $99,699
Closed Koopman Ralph W $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2024 10/09/24 Sold $855,000 -7.5% $215 / Sq Ft
08/21/2024 08/21/24 For Sale $924,000 -- $233 / 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 $5,465 $468,200 $202,400 $265,800
2023 $5,125 $468,200 $202,400 $265,800
2022 $5,369 $468,200 $202,400 $265,800
2021 $5,253 $468,200 $202,400 $265,800
2020 $5,410 $468,200 $202,400 $265,800
2019 $4,672 $396,400 $202,400 $194,000
2018 $4,505 $394,900 $208,700 $186,200
2017 $4,226 $394,900 $208,700 $186,200
2016 $4,275 $394,900 $208,700 $186,200
2015 $4,306 $394,900 $208,700 $186,200
2014 $4,171 $394,900 $208,700 $186,200
2013 $4,614 $394,900 $208,700 $186,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 208593

Greater Northwoods MLS

APN: 18-293