NOT LISTED FOR SALE

3504 Cedar Ln Unit 5 Rhinelander, WI 54501

Estimated Value: $204,000 - $610,000

3 Beds
1 Bath
540 Sq Ft
1.67 Acres

Last Sold August 28, 2014

Last sale price $107,000 $198 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $1,892/month

101 Days on Market

Highlights

  • Lake Front
  • Deck
  • Recreation Facilities
  • Docks
  • Ranch Style House
  • 1 Car Detached Garage

About This Home

As of August 2014

Affordable vacation headquarters awaits you!!! This year round property is within feet of the shoreline of a outstanding full recreational lake. The northwoods charm of this cabin is what the doctor ordered for melting the stress and calming the nerves from the hustle and bustle of everyday life. Enjoy the water view off the patio while the Loons serenade you. The cabin is very well maintained with loads of updates and many of the conveniences of home. This is a low cost, easy to own property with the condo association taking care of maintaining the grounds. Cabin has income potential when you are not enjoying the many amenities of the property yourself. Currently the cabin rents for $700.00 per week. For a limited time the 13'x 29' storage unit is available as an incentive for a quick sale. The cabin shares one side of a designated pier with another unit to park the boat. It does not get any easier or affordable than this!!! So call today for a personal showing.

Last Agent to Sell the Property

Scott Freimuth

NORWISREALTY.COM LLC License #49270 - 90 Listed on: 05/09/2014

Last Buyer's Agent

Scott Freimuth

NORWISREALTY.COM LLC License #49270 - 90 Listed on: 05/09/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,476

Lot Details

  • Lake Front
  • Street terminates at a dead end

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 540 Sq Ft Home
  • Crawl Space
  • Range
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Shared Well
  • Drilled Well
  • Gas Water Heater
  • Mound Septic
  • Public Septic Tank
  • Shared Septic

Listing and Financial Details

  • Assessor Parcel Number PE-1771 & 1778

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • Breezy Point Resort Condo 1St Addm Subdivision
  • Shops

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,476

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: THOMPSON
  • Ownership: Condominium
  • Subdivision Name: Breezy Point Resort Condo 1st Addm
  • Directions: From the intersection of Hwy 17 & Cty P East of Rhinelander go north on Hwy 17 to right on North Shore Dr to right on Lake Thompson Rd to immediate left continue on North Shore Dr to right on Cedar Ln to end of road & sign.
  • Above Grade Finished Sq Ft: 540.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Cable TV

Exterior Features

  • Lot Features: Dead End, Easy Access, Lake Front, Level
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Shoreline - Gravel, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Exterior Features: Dock, Patio, Gravel Driveway
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Mound Septic, Shared Septic
  • Water Source: Drilled Well, Shared Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area, Shopping
  • Association Fee: 100.0
  • Common Interest: Condominium

Schools

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

Lot Info

  • Lot Size Sq Ft: 72745.0
  • Parcel #: PE-1771 & 1778
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1476.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2017
Sold by
Lake Terrence R and Lake Ann M
Bought by
Rismeyer Neil W and Rismeyer Kyle
Current Estimated Value
$334,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$60,333
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$273,887

Purchase Details

Listed on
May 9, 2014
Closed on
Aug 28, 2014
Sold by
Curt L Curt L and Thorell Mary L
Bought by
Lake Terrence R and Lake Ann M
Seller's Agent
Scott Freimuth
NORWISREALTY.COM LLC
Buyer's Agent
Scott Freimuth
NORWISREALTY.COM LLC
List Price
$116,900
Sold Price
$107,000
Premium/Discount to List
-$9,900
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
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
Rismeyer Neil W $90,000 Oneida Title & Abstract Inc
Lake Terrence R -- Oneida Title & Abstract, Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rismeyer Neil W $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $107,000 -8.5% $198 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $116,900 -- $216 / 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 $1,670 $111,700 $93,800 $17,900
2023 $1,626 $111,700 $93,800 $17,900
2022 $1,230 $111,700 $93,800 $17,900
2021 $1,637 $111,700 $93,800 $17,900
2020 $1,363 $111,700 $93,800 $17,900
2019 $1,392 $111,700 $93,800 $17,900
2018 $1,420 $111,700 $93,800 $17,900
2017 $1,426 $111,700 $93,800 $17,900
2016 $1,477 $111,700 $93,800 $17,900
2015 $1,488 $111,700 $93,800 $17,900
2014 $1,488 $111,700 $93,800 $17,900
2011 $1,339 $111,700 $93,800 $17,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 141430

Greater Northwoods MLS

APN: PE 1771