$539,000
SOLD FEB 24, 2025

38849 Delafield Rd Oconomowoc, WI 53066

3 Beds
1.5 Baths
1,357 Sq Ft
5 Acres

Recently Sold

$397 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • 5 Acre Lot
  • Wooded Lot
  • Fireplace
  • Summit Elementary School Rated A
  • Ranch Style House
  • 2.5 Car Attached Garage

About This Home

As of February 2025

Nestled on a picturesque 5-acre lot, this property offers a unique opportunity to create your dream home or invest in a promising future. The 3-bedroom, 1.5-bathroom house is brimming with potential, ready for a makeover to suit your style and needs. While the home requires some updating, its solid structure and spacious layout provide a great foundation for your vision. The land is zoned to allow for 2 horses. Whether you're looking to raise animals, start a hobby farm, or simply enjoy the tranquility of rural living, this property is a fantastic canvas for your ambitions. Additionally, the property features planted pine rows, offering potential for future harvest income. As the trees mature, they could provide a valuable resource for the savvy investor looking to diversify.

Last Agent to Sell the Property

Matthew Losiniecki

Keller Williams Realty-Lake Country License #89122-94 Listed on: 01/16/2025

Keller Williams Realty-Lake Country

Last Buyer's Agent

Sue Patti

Realty Executives - Integrity License #37417-90

Realty Executives - Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,642

Lot Details

  • 5 Acre Lot
  • Rural Setting
  • Wooded Lot

Parking

  • 2.5 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete

Interior Spaces

  • 1,357 Sq Ft Home
  • Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Septic System

Listing and Financial Details

  • Exclusions: Leased L.P. Tank, Sellers Personal Property
  • Assessor Parcel Number SUMT0654993

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,642

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 5
  • Inclusions: Refrigerator, Oven/range, Washer, Dryer, Water Softener (owned), Pool Table in Basement
  • Directions: South on 67 off of I 94, West on Delafield Rd.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator, Washer, Dryer
  • Has Basement: Full, Poured Concrete
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Natural Fireplace

Exterior Features

  • Lot Features: Rural, Wooded
  • Exclusions: Leased L.P. Tank, Sellers Personal Property
  • Construction Type: Aluminum/Steel
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features: Paved
  • Garage Type: Attached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Propane, Wood, Forced Air, Zoned
  • Heating Yn: Yes
  • Sewer: Septic System

Schools

  • Junior High Dist: Oconomowoc Area
  • High School: Oconomowoc

Lot Info

  • Current Use: Horses
  • Lot Size Sq Ft: 217800
  • Parcel #: SUMT0654993

Tax Info

  • Tax Annual Amount: 4641.61
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Feb 24, 2025
Sold by
Groeger Theresa Ann and Gromer Theresa A
Bought by
Weber Olivia A
Seller's Agent
Matthew Losiniecki
Keller Williams Realty-Lake Country
Buyer's Agent
Sue Patti
Realty Executives - Integrity
List Price
$549,000
Sold Price
$539,000
Premium/Discount to List
-$10,000
-1.82%
Views
39
Current Estimated Value
$548,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,216
Avg. Annual Appreciation
5.27%
Original Mortgage
$469,000
Outstanding Balance
$467,849
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$80,367

Purchase Details

Closed on
Feb 22, 2024
Sold by
Forney Theresa Ann and Groeger Theresa Ann
Bought by
Groeger Theresa Ann and Forney Theresa Ann

Purchase Details

Closed on
Jul 30, 2014
Sold by
Groeger Kathleen A
Bought by
Gartzke Barbara A and Gromer Theresa A

Purchase Details

Closed on
Apr 5, 2005
Sold by
Groeger Kathleen A
Bought by
Kathleen A Groeger 2005 Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $539,000 Frontier Title
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $469,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $539,000 -1.8% $397 / Sq Ft
01/16/2025 01/16/25 For Sale $549,000 -- $405 / Sq Ft
Source: Metro 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 $4,642 $390,600 $143,600 $247,000
2023 $4,280 $390,600 $143,600 $247,000
2022 $4,269 $390,600 $143,600 $247,000
2021 $3,699 $270,200 $119,900 $150,300
2020 $3,815 $270,200 $119,900 $150,300
2019 $3,723 $270,200 $119,900 $150,300
2018 $3,600 $270,200 $119,900 $150,300
2017 $3,708 $270,200 $119,900 $150,300
2016 $3,652 $270,200 $119,900 $150,300
2015 $3,720 $270,200 $119,900 $150,300
2014 $3,860 $270,200 $119,900 $150,300
2013 $3,860 $271,200 $119,900 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1903759

Metro MLS

APN: SUMT-0654-993