NOT LISTED FOR SALE

3531 Lake Thompson Rd Unit 13 Rhinelander, WI 54501

Estimated Value: $106,000 - $169,000

1 Bed
1 Bath
700 Sq Ft
8.5 Acres

Last Sold July 31, 2020

Last sale price $56,500 $81 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $770/month

819 Days on Market

Highlights

  • Lake Front
  • Handicap Accessible
  • Hot Water Heating System
  • Main Floor Primary Bedroom
  • Shops

About This Home

As of July 2020

Enjoy the shores of Lake Thompson and when you aren't enjoying it...earn!! This 1 bedroom, 1 bath spacious attached condo unit features spectacular views of Lake Thompson and well over 400 feet of shared sand frontage for your enjoyment! This unit is in a rental program, so it can practically pay for itself and more!! This unit offers a large bedroom, bathroom, kitchenette and living room, it is handicap accessible as well. For an additional $10,000 you can also have a garage included for storing your water toys and other items! Lake Thompson is a full recreational lake, this is a lower unit with lake views. In the summer this unit rents for approx. $700 per week!!

Last Agent to Sell the Property

Kathy Dolch

PINE POINT REALTY License #51655 - 90 Listed on: 05/02/2018

Last Buyer's Agent

Kathy Dolch

PINE POINT REALTY License #51655 - 90 Listed on: 05/02/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $602

Year Built

  • Built in 1994

Lot Details

  • 8.5

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Water Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Rhinelander High School

Utilities

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

Additional Features

  • Handicap Accessible
  • Lake Front

Community Details

  • Pinewood Lodge Subdivision
  • Shops

Listing and Financial Details

  • Assessor Parcel Number PE 1643

Property Details

Home Type

Condominium

Est. Annual Taxes

$602

Year Built

Built in 1994

Lot Details

0

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: Fee Simple,Condominium
  • Subdivision Name: Pinewood Lodge
  • Directions: Hwy 17 North to Right on North Shore Drive to Right on Lake Thompson Rd to straight into Pinewood Lodge pass signs, straight ahead just to right is building with fire # 3531, go down ramp, fifth door on right, Unit 13 Beaver Lodge unit
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1994
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Handicap Access, Main Level Primary

Exterior Features

  • Lot Features: Easy Access, Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Roof: Composition, Shingle

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Shopping
  • Association Fee: 150.0
  • Common Interest: Condominium

Schools

  • High School: ON Rhinelander

Lot Info

  • Lot Size Sq Ft: 370260.0
  • Parcel #: PE 1643

Tax Info

  • Tax Annual Amount: 602.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 31, 2020
Sold by
Forsythe Edward W
Bought by
Dolcheroo Llc
Seller's Agent
Kathy Dolch
PINE POINT REALTY
Buyer's Agent
Kathy Dolch
PINE POINT REALTY
List Price
$70,000
Sold Price
$56,500
Premium/Discount to List
-$13,500
-19.29%
Current Estimated Value
$136,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,534
Avg. Annual Appreciation
17.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Dolcheroo Llc $56,500 Shoreline Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $56,500 -19.3% $81 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
05/02/2018 05/02/18 For Sale $70,000 -- $100 / 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 $754 $50,400 $6,000 $44,400
2023 $734 $50,400 $6,000 $44,400
2022 $524 $50,400 $6,000 $44,400
2021 $738 $50,400 $6,000 $44,400
2020 $577 $50,400 $6,000 $44,400
2019 $589 $50,400 $6,000 $44,400
2018 $599 $50,400 $6,000 $44,400
2017 $602 $50,400 $6,000 $44,400
2016 $623 $50,400 $6,000 $44,400
2015 $632 $50,400 $6,000 $44,400
2014 $632 $50,400 $6,000 $44,400
2011 $570 $50,400 $6,000 $44,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 171179

Greater Northwoods MLS

APN: PE 1643