NOT LISTED FOR SALE

3742 N Faust Lake Rd Rhinelander, WI 54501

Estimated Value: $383,000 - $452,055

2 Beds
2 Baths
1,536 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $275,000 $179 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,502/month

81 Days on Market

Highlights

  • Lake Front
  • Deck
  • Contemporary Architecture
  • Docks
  • Wood Burning Stove
  • Private Lot

About This Home

As of January 2023

Positively dreamy setting tucked in the woods on a tiny but quaint lake. The location is wonderfully serene, yet only 2 miles to Rhinelander's ever-evolving array of attractions including department/specialty shopping, eclectic dining, medical facilities, NATC, The Rhinelander Chain of Lakes, & the infamous Hodag Dome. This attractive & lovingly maintained home features a great room w/ wood fireplace & vaulted ceilings, a walkout level family room w/cozy gas stove, and large wraparound deck overlooking lumbering wildlife and tranquil water. The home is in nice condition & needs little besides your unbridled decorator's flair. There is a 2 car detached garage (w/portable generator) & plenty of outdoor space to tend to hobbies & activities. Step on the dock & behold the line of stately golden Tamaracks. You may likely conclude: "This Must Be the Place."

Last Agent to Sell the Property

Lisa Eggman

RE/MAX PROPERTY PROS License #63631 - 94 Listed on: 10/26/2022

RE/MAX PROPERTY PROS

Last Buyer's Agent

Lisa Eggman

RE/MAX PROPERTY PROS License #63631 - 94 Listed on: 10/26/2022

RE/MAX PROPERTY PROS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1993

Lot Details

  • 3 Acre Lot
  • Lake Front
  • Property fronts an easement
  • Rural Setting
  • Dog Run
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • French Doors
  • Partially Finished Basement
  • Walk-Out Basement
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Wetlands on Lot
  • Deck
  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Drilled Well
  • Propane Water Heater
  • Water Softener
  • Public Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 02401-0029-0002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,330

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Easement, Town Road
  • Water Body Name: UNNAMED LAKE
  • Ownership: Personal Rep
  • Directions: From Rhinelander Ice Arena, take CTH C 1.2 miles to a right on Faust Lake Road N. to first shared driveway on left to #3742.
  • Above Grade Finished Sq Ft: 1508.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Propane Water Heater, Range, Refrigerator, Water Softener, Washer
  • Has Basement: Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 740.0
  • Door Features: French Doors
  • Fireplace Features: Free Standing, Gas, Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Lake Front, Private, Rural Lot, Secluded, Wooded, Wetlands
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Dock, Dog Run
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Shared Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Lot Info

  • Lot Size Sq Ft: 130680.0
  • Parcel #: 02401-0029-0002
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3330.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Jan 11, 2023
Sold by
Busche Patrick J
Bought by
Earl Timothy and Earl Tammy
Seller's Agent
Lisa Eggman
RE/MAX PROPERTY PROS
Buyer's Agent
Lisa Eggman
RE/MAX PROPERTY PROS
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Views
160
Current Estimated Value
$415,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,264
Avg. Annual Appreciation
15.98%
Original Mortgage
$240,000
Outstanding Balance
$232,093
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$183,171
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
Earl Timothy $300,000 Vilas Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Earl Timothy $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2023 01/18/23 Sold $275,000 -8.3% $179 / Sq Ft
11/02/2022 11/02/22 Price Changed $300,000 -7.7% $195 / Sq Ft
10/27/2022 10/27/22 For Sale $325,000 -- $212 / 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 $3,892 $260,300 $90,800 $169,500
2023 $3,790 $260,300 $90,800 $169,500
2022 $2,738 $260,300 $90,800 $169,500
2021 $3,814 $260,300 $90,800 $169,500
2020 $3,097 $260,300 $90,800 $169,500
2019 $3,140 $260,300 $90,800 $169,500
2018 $3,226 $260,300 $90,800 $169,500
2017 $3,292 $260,300 $90,800 $169,500
2016 $3,399 $260,300 $90,800 $169,500
2015 $3,441 $260,300 $90,800 $169,500
2014 $3,441 $260,300 $90,800 $169,500
2011 $3,121 $260,300 $90,800 $169,500
Source: Public Records

Agents Affiliated with this Home

  • Lisa Eggman

    Seller's Agent in 2023

    Lisa Eggman

    RE/MAX

    (715) 360-6147

    117 Total Sales

    Lisa Eggman
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Map

Source: Greater Northwoods MLS

MLS Number: 199568

Greater Northwoods MLS

APN: 02401-0029-0002

Wisconsin Oneida County Rhinelander 54501

3742 N Faust Lake Rd, Rhinelander, WI

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.

Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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