NOT LISTED FOR SALE

3538 Lake Thompson Rd Unit 7 Rhinelander, WI 54501

Estimated Value: $181,000 - $286,000

3 Beds
1 Bath
1,008 Sq Ft
9 Acres

Last Sold June 02, 2017

Last sale price $140,500 $139 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,508/month

232 Days on Market

Highlights

  • Lake Front
  • Deck
  • Open Patio
  • Docks
  • Recreation Facilities
  • Open Space

About This Home

As of June 2017

This year round, 3-bedroom, 1 bath, free-standing condominium home has 461 feet of shared, south facing, level sand frontage on full recreation Lake Thompson. Many updates have been completed in the last 3-10 years, including windows, deck, patio door, roof shingles, bathroom remodel and central air. The spacious, open concept kitchen, dining and living areas overlook the large, lake facing deck and are ideal for entertaining. Enjoy Lake Thompson in all four seasons with boating, swimming, fishing and snowmobiling. This property has been rented out by the week much of the summer through the condo association, offering income-producing opportunities. A garage/storage unit may be purchased with the home. Most furnishings could be included to make this turn-key and move-in-ready for the new owners. The home has a crawl space and shared piers. Pinewood Lodge Condo association dues and insurance are $275 per month.

Last Agent to Sell the Property

Rick Zoerb

FIRST WEBER - RHINELANDER Listed on: 09/27/2016

FIRST WEBER - RHINELANDER

Co-Listed By

AMBER TURK

FIRST WEBER - RHINELANDER

Last Buyer's Agent

PAT VAN HEFTY

REDMAN REALTY GROUP, LLC License #49511 - 90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,762

Lot Details

  • Lake Front
  • Property fronts a private road
  • Open Space
  • South Facing Home

Parking

  • Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Water Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Shed

Schools

  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Shared Well
  • Well
  • Drilled Well
  • Gas Water Heater
  • Mound Septic
  • Public Septic Tank
  • Shared Septic
  • High Speed Internet
  • Cable TV Available

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number PE 1637

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,762

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 461x870
  • Road Frontage Type: Private Road, Town Road
  • Road Surface Type: Paved
  • Water Body Name: THOMPSON
  • Co List Office Mls Id: 16
  • Co List Office Phone: (715) 365-3000
  • Ownership: Condominium
  • Directions: From Hwy 17 bypass, take North Shore Dr. 2.3 miles to right onto Lake Thompson Road 0.2 miles, and left at Private Road to end home on right #3538 "Cedar".
  • Above Grade Finished Sq Ft: 1008.0
  • Architectural Style: Ranch, One Story
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable TV

Exterior Features

  • Lot Features: Lake Front, Level, Open Space, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Direction Faces: South
  • Exterior Features: Dock, Patio, Shed, Paved Driveway
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Mound Septic, Shared Septic
  • Utilities: Cable Available, High Speed Internet Connected
  • Water Source: Drilled Well, Shared Well, Well

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Association Fee: 124.0
  • Common Interest: Condominium

Schools

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

Lot Info

  • Lot Size Sq Ft: 401070.0
  • Parcel #: PE 1637
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1762.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Lenz Craig K and Lenz Jacqueline A
Bought by
Our Happy Place Llc
Total Days on Market
232
Current Estimated Value
$252,907

Purchase Details

Listed on
Sep 27, 2016
Closed on
May 24, 2017
Sold by
Schaus Thomas A and Schaus Joann K
Bought by
Lenz Craig K and Lenz Jacqueline A
Seller's Agent
Rick Zoerb
FIRST WEBER - RHINELANDER
Buyer's Agent
PAT VAN HEFTY
REDMAN REALTY GROUP, LLC
List Price
$149,900
Sold Price
$140,500
Premium/Discount to List
-$9,400
-6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$112,400
Interest Rate
3.47%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Our Happy Place Llc $289,000 Lighthouse Title Group
Lenz Craig K $140,500 Northwoods Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lenz Craig K $112,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $140,500 -6.3% $139 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
09/27/2016 09/27/16 For Sale $149,900 -- $149 / 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 $1,975 $132,100 $16,800 $115,300
2023 $1,923 $132,100 $16,800 $115,300
2022 $1,465 $132,100 $16,800 $115,300
2021 $1,935 $132,100 $16,800 $115,300
2020 $1,624 $132,100 $16,800 $115,300
2019 $1,659 $132,100 $16,800 $115,300
2018 $1,693 $132,100 $16,800 $115,300
2017 $1,701 $132,100 $16,800 $115,300
2016 $1,761 $132,100 $16,800 $115,300
2015 $1,772 $132,100 $16,800 $115,300
2014 $1,772 $132,100 $16,800 $115,300
2011 $1,595 $132,100 $16,800 $115,300
Source: Public Records

Agents Affiliated with this Home

  • Rick Zoerb

    Seller's Agent in 2017

    Rick Zoerb

    FIRST WEBER - RHINELANDER

    (715) 360-2223

    18 Total Sales

    Rick Zoerb
    Section Image

  • A

    Seller Co-Listing Agent in 2017

    AMBER TURK

    FIRST WEBER - RHINELANDER

  • P

    Buyer's Agent in 2017

    PAT VAN HEFTY

    REDMAN REALTY GROUP, LLC

    (715) 358-0450

    347 Total Sales

    PAT VAN HEFTY
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 161063

Greater Northwoods MLS

APN: 02401-1637-0000

Wisconsin Oneida County Rhinelander 54501

3538 Lake Thompson Rd Unit 7, Rhinelander, WI

This home is located at 3538 Lake Thompson Rd Unit 7, Rhinelander, WI 54501 since 27 September 2016 and is currently estimated at $252,907, approximately $250 per square foot. 3538 Lake Thompson Rd Unit 7 is a home located in Oneida County with nearby schools including Pelican Elementary School, James Williams Middle School, and Rhinelander High School.

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.

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Information is deemed reliable but not guaranteed.

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