NOT LISTED FOR SALE

3555 Shangri la Rd Eagle River, WI 54521

Estimated Value: $404,000 - $1,236,844

5 Beds
3.5 Baths
4,253 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $560,000 $132 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,682/month

183 Days on Market

Highlights

  • Lake Front
  • Indoor Spa
  • Wood Burning Stove
  • Docks
  • Deck
  • Wood Flooring

About This Home

As of July 2020

DEERSKIN LAKE HOME - PRICED $147,000 BELOW APPRAISED VALUE! Quality 5 bedroom Executive lake home on Deerskin Lake just outside of Eagle River. Nestled on 2.1 acres with 430' of level sand frontage this home has all the key ingredients for lakefront living at its finest. Amenities include gourmet kitchen with granite countertops , Viking gas range and SS appliances, phenomenal lakeside master bedroom suite with 16' x 15' bath including luxury spa and steam shower and 16'x14' wardrobe room, Australian gum wood flooring, full wall stone fireplace, full length lakeside deck, grand foyer entrance with chandelier, hot tub room and garden area. Located on a dead end road, privacy is assured, so all you will have to do is sit back, relax and enjoy picturesque Deerskin Lake and all this property has to offer. Property has great rental history as well. $4,000 per week in season!

Last Agent to Sell the Property

Bob Merz

RE/MAX PROPERTY PROS License #56837 - 94 Listed on: 01/08/2020

RE/MAX PROPERTY PROS

Last Buyer's Agent

Janel Pagels

REDMAN REALTY GROUP, LLC License #50761 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,686

Year Built

  • Built in 2006

Lot Details

  • 2.1 Acre Lot
  • Lake Front
  • Landscaped
  • Level Lot
  • Garden
  • Zoning described as Recreational

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Stone

Interior Spaces

  • 4,253 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Stone Fireplace
  • Indoor Spa
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Outbuilding

Schools

  • Northland Pines-Er Elementary School
  • Northland Pines Middle School
  • Northland Pines High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Water Softener

Community Details

  • Shangri La Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-1949

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,686

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: DEERSKIN
  • Ownership: Fee Simple
  • Subdivision Name: Shangri-La Shores
  • Directions: Hwy 45 to Right on Hwy 17 N to Right on Shangri to #3555 and Sign on Right
  • Above Grade Finished Sq Ft: 4253.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Some Commercial Grade, Water Softener, Washer
  • Has Basement: Full, Partially Finished, Bath/Stubbed
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Hot Tub/Spa, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Level, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Other, Stone
  • Exterior Features: Dock, Garden, Landscaping, Out Building(s)
  • Foundation Details: Poured
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Utilities: Electricity Available
  • Water Source: Drilled Well

Schools

  • Elementary School: VI Northland Pines-ER
  • High School: VI Northland Pines
  • Middle Or Junior School: VI Northland Pines

Lot Info

  • Lot Size Sq Ft: 91476.0
  • Parcel #: 26-1949
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 7686.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Heine Bruce E
Bought by
Rasmussen Richard R and Rasmussen Heather A
Current Estimated Value
$820,461

Purchase Details

Listed on
Jan 8, 2020
Closed on
Jul 14, 2020
Sold by
Lakefront Vacations Llc
Bought by
Heine Bruce
Seller's Agent
Bob Merz
RE/MAX PROPERTY PROS
Buyer's Agent
Janel Pagels
REDMAN REALTY GROUP, LLC
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$448,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2006
Sold by
Gremban Darrin J
Bought by
Gremban Darrin J and Gremban Tara E
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
Rasmussen Richard R -- None Available
Heine Bruce $560,000 Northwoods Ttl & Closing Svc
Gremban Darrin J $260,367 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heine Bruce $448,000
Closed Gremban Darrin J $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2020 07/15/20 Sold $560,000 -6.5% $132 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $599,000 -- $141 / Sq Ft
Source: Greater Northwoods MLS

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 $5,063 $873,600 $396,000 $477,600
2023 $5,660 $873,600 $396,000 $477,600
2022 $5,890 $549,300 $319,300 $230,000
2021 $5,712 $549,300 $319,300 $230,000
2020 $5,575 $549,300 $319,300 $230,000
2019 $6,863 $673,100 $319,300 $353,800
2018 $6,339 $673,100 $319,300 $353,800
2017 $6,369 $673,100 $319,300 $353,800
2016 $6,452 $673,100 $319,300 $353,800
2015 $6,107 $673,100 $319,300 $353,800
2014 $6,077 $673,100 $319,300 $353,800
2013 $6,893 $673,100 $319,300 $353,800
Source: Public Records

Agents Affiliated with this Home

  • Bob Merz

    Seller's Agent in 2020

    Bob Merz

    RE/MAX

    (715) 891-0921

    227 Total Sales

    Bob Merz
    Section Image
  • Janel Pagels

    Buyer's Agent in 2020

    Janel Pagels

    REDMAN REALTY GROUP, LLC

    (715) 525-1008

    234 Total Sales

    Janel Pagels
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 182614

Greater Northwoods MLS

APN: 26-1949

Wisconsin Vilas County Eagle River 54521

3555 Shangri la Rd, Eagle River, WI

Not Listed for Sale

Detached

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