NOT LISTED FOR SALE

3769 Velvet Lake Rd Rhinelander, WI 54501

Estimated Value: $205,000 - $304,065

3 Beds
1 Bath
945 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $147,000 $156 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,607/month

232 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Wooded Lot
  • Chalet
  • Private Lot
  • Cathedral Ceiling

About This Home

As of December 2015

Originally a last stop on the railroad heading north, this Velvet Lake home gives no reason to go any further down the line. Nestled at the end of a meandering drive, the home offers 2 bedrooms, 1 bath and a roomy loft with ample sleeping space. A vaulted knotty pine ceiling with exposed beams and wood-burning stove compliment the lakeside living room, accentuating gorgeous sunset views. The kitchen and expansive, attached deck also face the lake, leaving plenty of room to enjoy every part of the day, sun up to sun down. Grab a book, grab a pole, or grab a friend, and let this lakeside retreat be your last stop!

Last Agent to Sell the Property

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 03/31/2015

FIRST WEBER - RHINELANDER

Last Buyer's Agent

MARC MCCALLUM - M&M TEAM

RE/MAX INVEST, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,523

Lot Details

  • 0.69 Acre Lot
  • Lake Front
  • West Facing Home
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Zoning described as Recreational

Parking

  • Driveway

Home Design

  • Chalet
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 945 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Wood Burning Stove
  • Water Views
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Rhinelander High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Ne 2241

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,523

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: VELVET
  • Co List Office Mls Id: 16
  • Co List Office Phone: (715) 365-3000
  • Ownership: Fee Simple
  • Directions: From intersection of K & 47 West 2.4 miles to R on Velvet Lake Rd 0.2 to Property on Left
  • Above Grade Finished Sq Ft: 945.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Skylights, Cable TV, Vaulted Ceiling(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Lake Front, Private, Secluded, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: West
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage, Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Cable Available, Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area

Schools

  • High School: ON Rhinelander

Lot Info

  • Lot Size Sq Ft: 29964.0
  • Parcel #: Ne 2241
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 2523.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2015
Closed on
Dec 7, 2015
Sold by
Dieter Sue A
Bought by
Frick Shawn A
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
MARC MCCALLUM - M&M TEAM
RE/MAX INVEST, LLC
List Price
$159,500
Sold Price
$147,000
Premium/Discount to List
-$12,500
-7.84%
Current Estimated Value
$270,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,355
Avg. Annual Appreciation
6.35%
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
Frick Shawn A $147,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2015 12/07/15 Sold $147,000 -7.8% $156 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $159,500 -- $169 / 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 $2,264 $155,200 $79,400 $75,800
2023 $2,145 $155,200 $79,400 $75,800
2022 $1,691 $155,200 $79,400 $75,800
2021 $2,297 $155,200 $79,400 $75,800
2020 $1,985 $155,200 $79,400 $75,800
2019 $2,015 $155,200 $79,400 $75,800
2018 $2,065 $155,200 $79,400 $75,800
2017 $2,066 $155,200 $79,400 $75,800
2016 $2,129 $155,200 $79,400 $75,800
2015 $2,452 $172,400 $79,400 $93,000
2014 $2,452 $172,400 $79,400 $93,000
2011 $2,295 $172,400 $79,400 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 148366

Greater Northwoods MLS

APN: NE 2241