Seller's Agent in 2023
Ken Biegel
RE/MAX
(715) 482-7886
137 Total Sales
3160 Nine Mile Rd Eagle River, WI 54521
Estimated Value: $374,000 - $706,000
8
Beds
4
Baths
2,630
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- Deck
- Wooded Lot
- Open Patio
- Private Lot
- 2 Car Detached Garage
- Shops
About This Home
As of February 2023NINE MILE RD. FOURPLEX - Great investment opportunity!! This compound could be used as a family retreat, rentals, or your business. Sitting on 2.58 acres in a beautiful, wooded country setting. All of the buildings are in good condition: The 3BR home has a new metal roof, full basement with a walkout, and a attached 2 car garage; the1BR, year-round cabin also has a basement; and upper and lower 2 bedroom 1 bath duplex units; and a 48' x 62' garage/workshop/storage building with heat and water, and the exterior stalls will allow for more storage or boat rentals (currently it is renting for only $200/month). The financials are outstanding with 97% occupancy rate, a total gross rental income of $40,800, net income of $27,096, and 8.5 cap rate! Close to the Eagle River Chain of Lakes and many other boating and fishing opportunities, national forest lands are just down the road for the outdoor enthusiast to enjoy. It is only 9 minutes to Eagle River.
Last Agent to Sell the Property
RE/MAX PROPERTY PROS License #64230 - 94 Listed on: 12/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,434
Lot Details
- 2.58 Acre Lot
- Rural Setting
- Private Lot
- Secluded Lot
- Wooded Lot
Parking
- 2 Car Detached Garage
Home Design
- Quadruplex
- Block Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
- Log Siding
Interior Spaces
- 2,630 Sq Ft Home
- Partially Finished Basement
- Partial Basement
- Pull Down Stairs to Attic
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- Deck
- Open Patio
- Outbuilding
Schools
- Northland Pines-Er Elementary School
- Northland Pines Middle School
- Northland Pines High School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Wall Furnace
- Drilled Well
- Propane Water Heater
- Water Purifier
- Public Septic Tank
Community Details
- Shops
Listing and Financial Details
- Assessor Parcel Number 26-2770
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2016
Closed on
Sep 29, 2017
Sold by
Gake David W and Gake Paulette K
Bought by
Biegaol Enterprises Llc
Seller's Agent
Jerry Burkett
CENTURY 21 BURKETT & ASSOC.
Buyer's Agent
Jerry Burkett
CENTURY 21 BURKETT & ASSOC.
List Price
$199,000
Sold Price
$159,900
Premium/Discount to List
-$39,100
-19.65%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,279
Avg. Annual Appreciation
14.45%
Original Mortgage
$130,000
Outstanding Balance
$108,790
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$379,389
Purchase Details
Closed on
Apr 11, 2016
Sold by
Gaeke David W and Gacke Paulette K
Bought by
Gaeke David W and Gacke Paulette K
Purchase Details
Closed on
Mar 13, 2013
Sold by
Gacke David W and Gacke Paulette K
Bought by
Gacke David W and Gacke Paulette K
Purchase Details
Closed on
Jul 3, 2008
Sold by
Pecka Paulette K
Bought by
Gacke Paulette K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Biegaol Enterprises Llc | $159,500 | Vilas Title Service Inc | |
| Gaeke David W | -- | Northwoods Title & Closing S | |
| Gacke David W | -- | None Available | |
| Gacke Paulette K | $402,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Biegaol Enterprises Llc | $130,000 | |
| Closed | Gacke Paulette K | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/24/2023 02/24/23 | Sold | $306,000 | -4.1% | $116 / Sq Ft | |
| 12/07/2022 12/07/22 | For Sale | $319,000 | +99.5% | $121 / Sq Ft | |
| 09/29/2017 09/29/17 | Sold | $159,900 | -19.6% | $67 / Sq Ft | View Prior Sale |
| 09/29/2017 09/29/17 | Pending | -- | -- | -- | |
| 03/29/2016 03/29/16 | For Sale | $199,000 | -- | $84 / Sq Ft |
Source: Greater Northwoods MLS
Tax History Compared to Growth
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 | $1,663 | $307,200 | $29,800 | $277,400 |
| 2023 | $1,967 | $307,200 | $29,800 | $277,400 |
| 2022 | $2,434 | $229,100 | $44,200 | $184,900 |
| 2021 | $2,359 | $229,100 | $44,200 | $184,900 |
| 2020 | $2,301 | $229,100 | $44,200 | $184,900 |
| 2019 | $2,308 | $229,100 | $44,200 | $184,900 |
| 2018 | $2,131 | $229,100 | $44,200 | $184,900 |
| 2017 | $2,141 | $229,100 | $44,200 | $184,900 |
| 2016 | $2,195 | $229,100 | $44,200 | $184,900 |
| 2015 | $2,053 | $229,100 | $44,200 | $184,900 |
| 2014 | $2,043 | $229,100 | $44,200 | $184,900 |
| 2013 | $2,319 | $229,100 | $44,200 | $184,900 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Biegel
-
T.D. BIEGEL
Seller Co-Listing Agent in 2023
T.D. BIEGEL
RE/MAX
(612) 636-0139
54 Total Sales
-
Renee Rasmussen
Buyer's Agent in 2023
Renee Rasmussen
REDMAN REALTY GROUP, LLC
(715) 351-9751
141 Total Sales
-
Jerry Burkett
Seller's Agent in 2017
Jerry Burkett
CENTURY 21 BURKETT & ASSOC.
(715) 891-1501
283 Total Sales
Map
Source: Greater Northwoods MLS
MLS Number: 199966
APN: 26-2770
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 1680 Melody Ln
- 3666 Hwy 70 Unit 27
- 1645 Golf View Rd
- 1690 Anthony Dr
- 1660 Anthony Dr
- 1688 Anthony Dr
- 1664 Anthony Dr
- 1666 Anthony Dr
- 1959 Rangeline Rd
- 8643 van Bussum Rd
- 1717 Summer Dr Unit 1
- 3958 Eagle Waters Rd Unit 205/215
- 1717C Summers Dr Unit Building 1
- 3939 Eagle Waters Rd Unit 2
- 3700 Chain O Lakes Rd
- 1177 Eagle Wings Ln
- 4252 Spruce Ln
- Off Deerskin Rd Unit Lot 4
- Off Deerskin Rd Unit Lot 3
- Off Deerskin Rd Unit Lot 5
- 3160 9 Mile Rd
- 1461 E Bass Lake Rd
- 1465 E Bass Lake Rd
- 3133 Nine Mile Rd
- 1445 E Bass Lake Rd
- 1441 E Bass Lake Rd
- 1439 E Bass Lake Rd
- 1437 E Bass Lake Rd
- 1424 Bass Lake Rd E
- 1433 E Bass Lake Rd
- 1427 E Bass Lake Rd
- 1471 E Bass Lake Rd
- 3105 Campground Rd
- 1477 E Bass Lake Rd
- 1401 E Bass Lake Rd
- 1418 E Bass Lake Rd
- 1487 E Bass Lake Rd
- 1410 E Bass Lake Rd
- 1381 E Bass Lake Rd
- 1521 E Bass Lake Rd