NOT LISTED FOR SALE

3642 Keichbush Ln Eagle River, WI 54521

Estimated Value: $547,000 - $691,000

5 Beds
1 Bath
1,275 Sq Ft
$471/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $319,750 $251 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,332/month

180 Days on Market

Highlights

  • Lake Front
  • Private Lot
  • Ranch Style House
  • Docks
  • Wooded Lot
  • 2 Car Attached Garage

About This Home

As of November 2020

Did you know Eagle River is one of the hottest vacation towns in Northern WI? Have you ever considered diversifying your investments to include a rental property? This is one of those properties that could RAKE IN rentals with a just a teensy bit of reconfiguring. Situated on Catfish Lake, one of the most sought after lakes on the Chain, this house sits on pancake level lot w/sugar sand lake frontage. It is located right across from the Marina Bar, and just down the way from Twelve Pine Resort and the Boat Marina. There are 3BRs/1BA in the main living portion, while there are 2BRs on the backside of the heated garage that could be the PERFECT rooms for Airbnb, especially considering there is room for an additional bath if one chose to put one it. With a little creativity and minor adjustments, this home could be a MONEY MAKER. Make the call today to schedule a showing to get the ball rolling, this home is full of possibilities! (Current rental maximum capacity is 6 people).

Last Agent to Sell the Property

Bob Merz

RE/MAX PROPERTY PROS License #56837 - 94 Listed on: 05/07/2020

RE/MAX PROPERTY PROS

Co-Listed By

Judy Barr

RE/MAX PROPERTY PROS License #56603 - 90

Last Buyer's Agent

AMY NOWAK

CENTURY 21 BURKETT & ASSOC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,058

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 112x250
  • Lake Front
  • Property fronts an easement
  • Open Space
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Zoning described as General Business

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Home Design

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

Interior Spaces

  • 1,275 Sq Ft Home
  • Crawl Space
  • Range
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Sewer Holding Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 26-605-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,058

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 112x250
  • Road Frontage Type: Easement
  • Water Body Name: CATFISH
  • Co List Office Mls Id: 619
  • Co List Office Phone: (715)480-4333
  • Ownership: Fee Simple
  • Directions: Hwy 70 to Right on Town Line Rd to Left on Keichbush Ln. #3642 on Left. Sign on property.
  • Above Grade Finished Sq Ft: 1275.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Mixed

Exterior Features

  • Lot Features: Lake Front, Open Space, Private, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Dock
  • Foundation Details: Poured
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Storage, Driveway, Shared Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Holding Tank
  • Water Source: Driven Well, Well

Condo/Co-op/Association

  • Community Features: Shopping, Skiing

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: 25265.0
  • Parcel #: 26-605-03
  • Zoning Description: General Business

Tax Info

  • Tax Annual Amount: 3058.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Nov 5, 2020
Sold by
Monty Kevin and Monty Kathy
Bought by
Jankovich Michael J and Jankovich Sherri L
Seller's Agent
Bob Merz
RE/MAX PROPERTY PROS
Buyer's Agent
AMY NOWAK
CENTURY 21 BURKETT & ASSOC.
List Price
$379,000
Sold Price
$319,750
Premium/Discount to List
-$59,250
-15.63%
Current Estimated Value
$600,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,432
Avg. Annual Appreciation
12.82%
Original Mortgage
$287,775
Outstanding Balance
$256,538
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$343,644
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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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
Jankovich Michael J $319,800 Vilas Title Service Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jankovich Michael J $287,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $319,750 -15.6% $251 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $379,000 -- $297 / 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 $2,580 $447,700 $280,000 $167,700
2023 $2,883 $447,700 $280,000 $167,700
2022 $3,223 $302,200 $234,100 $68,100
2021 $3,124 $302,200 $234,100 $68,100
2020 $3,049 $302,200 $234,100 $68,100
2019 $3,058 $302,200 $234,100 $68,100
2018 $2,724 $302,200 $234,100 $68,100
2017 $2,765 $302,200 $234,100 $68,100
2016 $2,909 $302,200 $234,100 $68,100
2015 $2,608 $289,900 $234,100 $55,800
2014 $2,595 $289,900 $234,100 $55,800
2013 $2,946 $289,900 $234,100 $55,800
Source: Public Records

Agents Affiliated with this Home

  • Bob Merz

    Seller's Agent in 2020

    Bob Merz

    RE/MAX

    (715) 891-0921

    49 in this area

    226 Total Sales

    Bob Merz
    Section Image
  • Judy Barr

    Seller Co-Listing Agent in 2020

    Judy Barr

    RE/MAX

    (715) 891-4918

    54 in this area

    211 Total Sales

    Judy Barr
    Section Image

  • A

    Buyer's Agent in 2020

    AMY NOWAK

    CENTURY 21 BURKETT & ASSOC.

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Map

Source: Greater Northwoods MLS

MLS Number: 184209

Greater Northwoods MLS

APN: 26-605-03

Wisconsin Vilas County Eagle River 54521

3642 Keichbush Ln, Eagle River, WI

Not Listed for Sale

Detached

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