34845 Elm St Oconomowoc, WI 53066
3
Beds
1
Bath
1,226
Sq Ft
0.32
Acres
Highlights
- Water Views
- 1 Car Detached Garage
- Forced Air Heating System
- Summit Elementary School Rated A
- Bungalow
About This Home
As of May 2025The best opportunity to own a lake property at this price in all of Lake Country. This lake home is located on the channel of Lower Nemahbin Lake, with full access to both Lower and Upper Nemahbin Lakes. Bring your own builder and start planning your dream home. The property has 50 feet of lake frontage and slopes gently downhill from the existing house to the shoreline to allow you to potentially build a new home with multiple walk-out levels and lake view from every room. The current home located on the property is dated and would need substantial repairs, including flooring, electrical updates, drywall, kitchen appliances, etc. The existing garage would need to be rebuilt. Whether you choose to remodel or build new, this property is all about what it could become.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,340
Lot Details
- 0.32 Acre Lot
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Vinyl Siding
Interior Spaces
- 1,226 Sq Ft Home
- 2-Story Property
- Water Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Schools
- Oconomowoc High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number SUMT0670049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2025
Closed on
May 22, 2025
Sold by
Elk Lodge Llc
Bought by
Nelson Emma L and Nelson Bryant V
Seller's Agent
Aaron Werner
Lake Vida LLC
Buyer's Agent
Aaron Werner
Lake Vida LLC
List Price
$535,000
Sold Price
$465,000
Premium/Discount to List
-$70,000
-13.08%
Views
94
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
$10,676
Avg. Annual Appreciation
9.50%
Original Mortgage
$372,000
Outstanding Balance
$371,368
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$104,308
Purchase Details
Listed on
Apr 17, 2025
Closed on
Mar 24, 2025
Sold by
Werner Aaron
Bought by
Elk Lodge Llc
Seller's Agent
Aaron Werner
Lake Vida LLC
Buyer's Agent
Aaron Werner
Lake Vida LLC
List Price
$535,000
Sold Price
$465,000
Premium/Discount to List
-$70,000
-13.08%
Views
94
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$371,368
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$104,308
Purchase Details
Listed on
Aug 9, 2024
Closed on
Oct 9, 2024
Sold by
Selje Gail G
Bought by
Werner Aaron
Seller's Agent
Raffi Shirikian
Roffman Realty Group, LLC
Buyer's Agent
Aaron Werner
Lake Vida LLC
List Price
$359,000
Sold Price
$420,000
Premium/Discount to List
$61,000
16.99%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%
Original Mortgage
$336,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Similar Homes in Oconomowoc, WI
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $465,000 | Frontier Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Personal Reps Deed | $420,000 | Frontier Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $372,000 | New Conventional | |
| Previous Owner | $336,000 | New Conventional | |
| Previous Owner | $14,350 | New Conventional | |
| Previous Owner | $132,000 | New Conventional | |
| Previous Owner | $133,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $125,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $118,984 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $465,000 | -13.1% | $379 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $535,000 | +27.4% | $436 / Sq Ft |
| 10/16/2024 10/16/24 | Sold | $420,000 | +17.0% | $343 / Sq Ft |
| 10/16/2024 10/16/24 | Pending | -- | -- | -- |
| 10/04/2024 10/04/24 | Off Market | $359,000 | -- | -- |
| 08/30/2024 08/30/24 | For Sale | $359,000 | -- | $293 / Sq Ft |
Source: Metro 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 | $3,340 | $247,200 | $130,000 | $117,200 |
| 2023 | $3,091 | $247,200 | $130,000 | $117,200 |
| 2022 | $3,100 | $247,200 | $130,000 | $117,200 |
| 2021 | $3,337 | $212,100 | $108,500 | $103,600 |
| 2020 | $3,447 | $212,100 | $108,500 | $103,600 |
| 2019 | $3,403 | $212,100 | $108,500 | $103,600 |
| 2018 | $3,289 | $212,100 | $108,500 | $103,600 |
| 2017 | $3,366 | $212,100 | $108,500 | $103,600 |
| 2016 | $3,329 | $212,100 | $108,500 | $103,600 |
| 2015 | $3,386 | $212,100 | $108,500 | $103,600 |
| 2014 | $2,990 | $212,100 | $108,500 | $103,600 |
| 2013 | $2,990 | $212,800 | $108,500 | $104,300 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Werner
A
Seller's Agent in 2025
Aaron Werner
Lake Vida LLC
(608) 239-6542
2 in this area
4 Total Sales
-
Raffi Shirikian
R
Seller's Agent in 2024
Raffi Shirikian
Roffman Realty Group, LLC
(414) 349-3764
1 in this area
8 Total Sales
Map
Source: Metro MLS
MLS Number: 1912932
APN: SUMT-0670-049
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