NOT LISTED FOR SALE

3819 Velvet Lake Rd Rhinelander, WI 54501

Estimated Value: $409,000 - $515,000

2 Beds
1.5 Baths
1,836 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $310,000 $169 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,708/month

85 Days on Market

Highlights

  • Lake Front
  • Raised Ranch Architecture
  • Views
  • Docks
  • Cooling System Mounted To A Wall/Window
  • 2 Car Garage

About This Home

As of September 2021

A few miles outside of Rhinelander, awaits this beautiful home on Velvet Lake with 99’ of sandy/rock waterfrontage & Western Exposure. This peaceful no wake lake is perfect for fishing, swimming, canoeing, and kayaking w/ a channel to Flannery Lake to enjoy skiing, tubing, and boating. Enjoy beautiful sunset views from the pier or from the 4 seasons room. The open concept large dining room w/ vaulted ceilings and spacious living room with floor to ceiling stone fireplace and views of the lake is perfect for entertaining! The nicely designed kitchen offers a full wall of pantry shelves, large kitchen island w/ plenty of countertops, and a cozy breakfast nook space. The spacious master bedroom has tons of built ins with views of the lake from the wall of windows. A nicely remodeled half bath and laundry room are conveniently located just outside the bedrooms. A 2 car attached garage and outbuilding w/ storage above and below. This home comes fully furnished.

Last Agent to Sell the Property

NIKKI MAUFORT

CENTURY 21 ACE REALTY Listed on: 06/07/2021

Last Buyer's Agent

CLINT SZYMANSKI

RE/MAX EXCEL

RE/MAX EXCEL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1985

Lot Details

  • 0.36 Acre Lot
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,836 Sq Ft Home
  • Gas Log Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Docks
  • Outbuilding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Drilled Well
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number NE-2249

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,855

Year Built

Built in 1985

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
  • Road Surface Type: Paved
  • Water Body Name: VELVET
  • Ownership: Fee Simple
  • Directions: FROM HWY 47, TAKE HWY K TO VELVET LAKE RD
  • Above Grade Finished Sq Ft: 1836.0
  • Architectural Style: Raised Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Lot Features: Lake Front
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Out Building(s)
  • Foundation Details: Block
  • Other Structures: Outbuilding

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 15682.0
  • Parcel #: NE-2249

Tax Info

  • Tax Annual Amount: 2855.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 3, 2021
Sold by
Colombe Diane R
Bought by
Zipperer Kenneth J and Zipperer Amy J
Seller's Agent
NIKKI MAUFORT
CENTURY 21 ACE REALTY
Buyer's Agent
CLINT SZYMANSKI
RE/MAX EXCEL
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Current Estimated Value
$460,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,845
Avg. Annual Appreciation
10.03%
Original Mortgage
$200,000
Outstanding Balance
$181,713
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$279,132
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
Zipperer Kenneth J $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zipperer Kenneth J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $310,000 -3.1% $169 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $320,000 -- $174 / 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 $3,496 $239,600 $63,100 $176,500
2023 $3,311 $239,600 $63,100 $176,500
2022 $2,642 $239,600 $63,100 $176,500
2021 $3,269 $220,900 $63,100 $157,800
2020 $2,855 $220,900 $63,100 $157,800
2019 $2,898 $220,900 $63,100 $157,800
2018 $2,972 $220,900 $63,100 $157,800
2017 $2,973 $220,900 $63,100 $157,800
2016 $3,064 $220,900 $63,100 $157,800
2015 $3,201 $223,600 $63,100 $160,500
2014 $3,201 $223,600 $63,100 $160,500
2011 $2,995 $223,600 $63,100 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 191319

Greater Northwoods MLS

APN: NE 2249