NOT LISTED FOR SALE

3370 Norwood Cir Unit 4 Rhinelander, WI 54501

Estimated Value: $271,000 - $414,000

4 Beds
2 Baths
1,708 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $165,000 $97 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,064/month

209 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • 1 Fireplace
  • Deck
  • Ranch Style House
  • 1 Car Detached Garage

About This Home

As of November 2020

Income and enjoyment...you can have both at this 4 bedroom, 2 bath condo on lovely Lake Thompson! The interior features two bedrooms and a full bath on each end of the home with a spacious kitchen & dining area and a lake-facing living room w/ wood-burning fireplace comprising the middle of the floor plan. The exterior provides a very level lot with a sandy beach area, lakeside deck for BBQ-ing & relaxing, 1-car garage w/ extra storage space, and additional parking space. Lake Thompson offers full recreation use and an recognized fishery, including both musky and walleye, as well as an abundance of panfish. With peak seasonal weeks garnering $1,250/week in rent, this well-maintained property is well suited for rental income with both seasonal and monthly rental history available (ask agent for history in docs tab). With common elements taken care of and the conveniences of Rhinelander just minutes away, the Spruce Lodge allows ease of enjoyment and established investment.

Last Agent to Sell the Property

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 04/13/2020

FIRST WEBER - RHINELANDER

Last Buyer's Agent

Stephanie Wotachek

REDMAN REALTY GROUP, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,740

Lot Details

  • 13 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Zoning described as General Business

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Composite Building Materials
  • Asphalt

Interior Spaces

  • 1,708 Sq Ft Home
  • 1 Fireplace
  • Wood Burning Stove
  • Carpet
  • Crawl Space
  • Laundry on main level
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Open Patio

Schools

  • Rhinelander High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Shared Well
  • Drilled Well
  • Gas Water Heater
  • Shared Septic

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number PE 1695

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,740

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road
  • Water Body Name: THOMPSON
  • Ownership: Condominium
  • Directions: From Intersection of Faust Lk Rd & S. Shore Dr, follow S. Shore 2.1 miles to Norwood Circle on Left
  • Above Grade Finished Sq Ft: 1708.0
  • Architectural Style: Cabin, Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet

Exterior Features

  • Lot Features: Lake Front, Level
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Asphalt, Composite Siding, Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage, Driveway

Utilities

  • Laundry Features: Main Level
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer, Shared Septic
  • Water Source: Drilled Well, Shared Well

Condo/Co-op/Association

  • Community Features: Shopping
  • Association Fee: 100.0

Schools

  • High School: ON Rhinelander

Lot Info

  • Lot Size Sq Ft: 566280.0
  • Parcel #: PE 1695
  • Zoning Description: General Business

Tax Info

  • Tax Annual Amount: 2740.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Nov 4, 2020
Sold by
Spruce Lodge At National Llc
Bought by
Jereschefske Daniell Cn
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
Stephanie Wotachek
REDMAN REALTY GROUP, LLC
List Price
$159,000
Sold Price
$165,000
Premium/Discount to List
$6,000
3.77%
Current Estimated Value
$343,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,916
Avg. Annual Appreciation
15.93%
Original Mortgage
$123,750
Outstanding Balance
$110,120
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$233,796
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
Jereschefske Daniell Cn $165,000 Northwoods Ttl & Closing Svc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jereschefske Daniell Cn $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $165,000 +3.8% $97 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $159,000 -- $93 / 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 $3,126 $209,100 $44,000 $165,100
2023 $3,044 $209,100 $44,000 $165,100
2022 $2,353 $209,100 $44,000 $165,100
2021 $3,064 $209,100 $44,000 $165,100
2020 $2,611 $209,100 $44,000 $165,100
2019 $2,669 $209,100 $44,000 $165,100
2018 $2,725 $209,100 $44,000 $165,100
2017 $2,736 $209,100 $44,000 $165,100
2016 $2,833 $209,100 $44,000 $165,100
2015 $2,847 $209,100 $44,000 $165,100
2014 $2,847 $209,100 $44,000 $165,100
2011 $2,561 $209,100 $44,000 $165,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 183755

Greater Northwoods MLS

APN: PE 1695