NOT LISTED FOR SALE

3788 Velvet Lake Rd Rhinelander, WI 54501

Estimated Value: $119,694 - $414,000

3 Beds
2 Baths
1,856 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $59,000 $32 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,217/month

532 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Open Patio
  • Private Lot
  • 2 Car Attached Garage
  • Shed

About This Home

As of October 2012

Meticulously maintained 3br, 2ba country home recent updates include; windows, siding, furnace, roof and the recently remodeled 24x24 family/ rec room attaching the home to the oversized 2 car garage. There is extensive landscaping on the secluded 3+ acre wooded lot including a large patio area in front and a specious deck off the back. Do you enjoy wild life? There is plenty to see out of virtually every window. This is a must see property.

Last Agent to Sell the Property

PAT MCFARLAND

FIRST WEBER - RHINELANDER Listed on: 04/13/2011

Last Buyer's Agent

PAT MCFARLAND

FIRST WEBER - RHINELANDER Listed on: 04/13/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $857

Year Built

  • Built in 1984

Lot Details

  • 3.21 Acre Lot
  • Property fronts an easement
  • Rural Setting
  • Stone Retaining Walls
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Modular or Manufactured Materials
  • Skirt

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Open Patio
  • Shed

Schools

  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Drilled Well
  • Gas Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number NE 366 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$857

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Easement
  • Ownership: Fee Simple
  • Directions: From Intersection of K&47; Head west on K; Turn Right on Velvet Lake road, go approx. .4 miles to Property on Right#3788 - Shared drive way; Property is straight back.
  • Above Grade Finished Sq Ft: 1856.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Water Softener, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Mixed

Exterior Features

  • Lot Features: Private, Rolling Slope, Rural Lot, Secluded, Wooded, Retaining Wall
  • Waterfront: No
  • Construction Type: Manufactured, Vinyl Siding
  • Exterior Features: Garden, Landscaping, Patio, Shed, Gravel Driveway, Skirting
  • Foundation Details: Skirt
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Park, Quiet Area

Schools

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

Lot Info

  • Lot Size Sq Ft: 139827.0
  • Parcel #: NE 366 1
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 857.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2011
Closed on
Oct 16, 2012
Sold by
Bessert George B and Bessert Jean A
Bought by
Franks David M and Franks Deborah A
Seller's Agent
PAT MCFARLAND
FIRST WEBER - RHINELANDER
Buyer's Agent
PAT MCFARLAND
FIRST WEBER - RHINELANDER
List Price
$99,000
Sold Price
$59,000
Premium/Discount to List
-$40,000
-40.4%
Current Estimated Value
$215,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,924
Avg. Annual Appreciation
10.46%
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
Franks David M $59,000 Northwoods Title & Closing
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $59,000 -40.4% $32 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
04/13/2011 04/13/11 For Sale $99,000 -- $53 / 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 $897 $61,500 $25,900 $35,600
2023 $850 $61,500 $25,900 $35,600
2022 $431 $61,500 $25,900 $35,600
2021 $910 $61,500 $25,900 $35,600
2020 $575 $61,500 $25,900 $35,600
2019 $555 $61,500 $25,900 $35,600
2018 $588 $61,500 $25,900 $35,600
2017 $641 $61,500 $25,900 $35,600
2016 $649 $61,500 $25,900 $35,600
2015 $708 $61,500 $25,900 $35,600
2014 $708 $61,500 $25,900 $35,600
2011 $857 $73,200 $25,900 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 117936

Greater Northwoods MLS

APN: 02001-0366-0001