NOT LISTED FOR SALE

2867 Bay Dr Rhinelander, WI 54501

Estimated Value: $232,000 - $524,000

3 Beds
3 Baths
1,528 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $220,000 $144 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,456/month

69 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • 1 Fireplace
  • Docks
  • Cathedral Ceiling
  • Recreation Facilities

About This Home

As of June 2017

Perfect way to get on a premier crystal clear lake at an entry-level price. This log sided Squash Lake home is located on a beautiful .75 acre lot, so level you can drive right to the water's edge. Enjoy peaceful evenings w/a lakeside campfire in a relaxing quite area, play yard games, or relax on the deck & take in fantastic lake views w/ southern exposure. The home offers three bedroom two baths on the main level, with a large sleeping room & a three-quarter bath in the basement. Home is currently set up to sleep 15. There is a great room with cathedral ceilings, wood-burning stove, tons of storage as well as an attached, drive through two car garage & blacktop driveway. Enjoy your summers fishing, boating and swimming or your winters cross country skiing, ice fishing or snowmobiling all from your own backyard. All the work has been done as the house has a newer roof, smart controlled furnace, hot water heater & central air & includes a washer, dryer, refrigerator & gas range.

Last Agent to Sell the Property

Jeremy McCone

SHOREWEST - RHINELANDER License #66846 - 94 Listed on: 03/22/2017

SHOREWEST - RHINELANDER

Last Buyer's Agent

Kimberly Brixius

RE/MAX PROPERTY PROS - TOMAHAWK License #51270 - 90

RE/MAX PROPERTY PROS - TOMAHAWK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1991

Lot Details

  • 0.71 Acre Lot
  • Lake Front
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Log Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Washer and Dryer
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Docks

Schools

  • Crescent Elementary School
  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Water Softener
  • Public Septic Tank

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number CR 246 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,937

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Bay/Harbor, Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: SQUASH
  • Ownership: Personal Rep
  • Directions: Hwy 8 west to left on Crescent Rd to a right on Bay Rd approx. 1.2 mile to home on left at Bay Dr.
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1991
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Softener, Washer/Dryer
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 328.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Lake Front, Level, Waterfront
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Bayfront, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding, Manufactured
  • Direction Faces: West
  • Exterior Features: Dock, Paved Driveway
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes
  • Water Source: Driven Well, Well

Condo/Co-op/Association

  • Community Features: Recreation Area

Schools

  • Elementary School: ON Crescent
  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Lot Size Sq Ft: 30928.0
  • Parcel #: CR 246 10
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2937.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
May 26, 2017
Sold by
Bussie Patrick H and Bussie Denise L
Bought by
Mertes Chad C and Mertes Hicole L
Seller's Agent
Jeremy McCone
SHOREWEST - RHINELANDER
Buyer's Agent
Kimberly Brixius
RE/MAX PROPERTY PROS - TOMAHAWK
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$414,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,469
Avg. Annual Appreciation
7.82%
Original Mortgage
$120,000
Outstanding Balance
$62,851
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$351,618

Purchase Details

Listed on
Apr 10, 2014
Closed on
Apr 17, 2015
Sold by
Hasselberger Alvin J
Bought by
Bussie Patrick H
Seller's Agent
HARRY HELWIG
RE/MAX INVEST, LLC
Buyer's Agent
BRIAN O'CONNOR
DANE ARTHUR REAL ESTATE AGENCY
List Price
$209,000
Sold Price
$180,000
Premium/Discount to List
-$29,000
-13.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
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
Mertes Chad C $220,000 Northern Title
Bussie Patrick H $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mertes Chad C $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2017 06/02/17 Sold $220,000 0.0% $144 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $220,000 +22.2% $144 / Sq Ft
04/17/2015 04/17/15 Sold $180,000 -13.9% $118 / Sq Ft View Prior Sale
04/17/2015 04/17/15 Pending -- -- --
04/10/2014 04/10/14 For Sale $209,000 -- $137 / 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 $3,447 $209,700 $115,900 $93,800
2023 $3,156 $209,700 $115,900 $93,800
2022 $2,506 $209,700 $115,900 $93,800
2021 $3,359 $209,700 $115,900 $93,800
2020 $2,762 $203,700 $115,900 $87,800
2019 $2,678 $203,700 $115,900 $87,800
2018 $2,777 $203,700 $115,900 $87,800
2017 $2,814 $203,700 $115,900 $87,800
2016 $2,859 $202,600 $115,900 $86,700
2015 $2,938 $231,400 $130,400 $101,000
2014 $2,938 $231,400 $130,400 $101,000
2011 $3,373 $274,400 $166,800 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 163389

Greater Northwoods MLS

APN: 00401-0246-0010