NOT LISTED FOR SALE

2987 S Rifle Rd Rhinelander, WI 54501

Estimated Value: $182,000 - $883,000

3 Beds
2 Baths
2,112 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $734,250 $348 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $2,577/month

26 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • 1 Fireplace
  • Wood Burning Stove
  • Ranch Style House
  • Views

About This Home

As of June 2024

A unique offering on one of the Rhinelander area's premier lakes is what you will find at this 3 bedroom, 2 bath home with guest cottage on crystal clear Crescent Lake. The home's main level features the kitchen w/ solid surface countertops, an adjoining dining area, the living room w/ wood-burning fireplace, three bedrooms, and a full bath. The lower level provides finished space that could be used as a family room and/or rec room, a dedicated workshop, full bath, and the utility room. The exterior enjoys a paved drive, lush and level yard space around the home, an expansive deck for relaxing & BBQ-ing, and a sturdy set of steps down to the nostalgic "Sundance Cottage" at the lakeside. The cottage features 2 bedrooms, a full bath, an efficient kitchen, and the living room w/ wood-burning fireplace & windows w/ western exposure overlooking the lake for beautiful sunsets. Additional perks of the home include: a 3-car attached garage, back-up generator, newer furnace, & newer shingles.

Last Agent to Sell the Property

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 05/16/2024

FIRST WEBER - RHINELANDER

Last Buyer's Agent

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 05/16/2024

FIRST WEBER - RHINELANDER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,009

Lot Details

  • 1.66 Acre Lot
  • Lake Front
  • West Facing Home
  • Sloped Lot
  • Wooded Lot

Parking

  • 3 Car Garage
  • Driveway
  • Additional Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Wood Burning Stove
  • Basement Fills Entire Space Under The House
  • Property Views

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Public Septic Tank

Community Details

  • Crescent Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number CR-609-2 & CR-609-3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,009

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: CRESCENT
  • Ownership: Trust
  • Subdivision Name: Crescent Heights
  • Directions: From the traffic circle at Hwy 47 N & US-8 W go west on Hwy 8 3.6 miles to left onto S Rifle Road 0.8 miles to #2987 on Right.
  • Above Grade Finished Sq Ft: 1572.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 540.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Lot Features: Lake Front, Sloped, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Gravel, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: West
  • Exterior Features: Paved Driveway
  • Foundation Details: Poured
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Additional Parking, Garage, Driveway

Utilities

  • 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: Drilled Well

Lot Info

  • Lot Size Sq Ft: 72310.0
  • Parcel #: CR-609-2 & CR-609-3
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4009.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 21, 2024
Sold by
Rmp Living Trust and Panagas Rosemarie M
Bought by
Price Jeffrey R and Price Laura L
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
List Price
$750,000
Sold Price
$734,250
Premium/Discount to List
-$15,750
-2.1%
Views
12
Current Estimated Value
$453,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$280,943
Avg. Annual Appreciation
-30.41%

Purchase Details

Closed on
Dec 22, 2015
Sold by
Panagas James M
Bought by
Rmp Living Trust Dated December 2 2015
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
Price Jeffrey R $734,300 Northwoods Title
Rmp Living Trust Dated December 2 2015 $158,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $734,250 -2.1% $348 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $750,000 -- $355 / 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 $2,390 $149,800 $11,600 $138,200
2023 $2,183 $149,800 $11,600 $138,200
2022 $1,727 $149,800 $11,600 $138,200
2021 $2,363 $149,800 $11,600 $138,200
2020 $1,968 $149,800 $11,600 $138,200
2019 $1,906 $149,800 $11,600 $138,200
2018 $1,978 $149,800 $11,600 $138,200
2017 $2,010 $149,800 $11,600 $138,200
2016 $2,093 $149,800 $11,600 $138,200
2015 $1,955 $149,800 $11,600 $138,200
2014 $1,955 $149,800 $11,600 $138,200
2011 $2,086 $167,600 $10,000 $157,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 206844

Greater Northwoods MLS

APN: 00401-0609-0002