$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
  • Property Information:Est Total Sq Ft: 1357
  • 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
$558,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,320
Avg. Annual Appreciation
3.81%
Original Mortgage
$469,000
Interest Rate
7.04%
Mortgage Type
New Conventional

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

Similar Homes in Oconomowoc, WI

  • 1420 Arrowwood Circle St W Unit 37164486, Oconomowoc, WI 53066

    $493,600

    • 3 Beds
    • 2.5 Baths
    • 1,616 Sq Ft
    • 1420 Arrowwood Circle St W
    • Unit 37164486
    • Oconomowoc, WI

    The Astoria, with an open, airy floor plan and an abundance of natural light – it’s the perfect place to call home. Grab the popcorn for family movie night in the great room. Gather around the large kitchen island while you make blueberry pancakes on Saturday morning. Wave hello to neighbors from your farmhouse front porch. You can already see the memories being made. Welcome home to The

    Section Image
  • 1420 Arrowwood Circle St W Unit 36789020, Oconomowoc, WI 53066

    $644,400

    • 4 Beds
    • 2.5 Baths
    • 2,404 Sq Ft
    • 1420 Arrowwood Circle St W
    • Unit 36789020
    • Oconomowoc, WI

    ALL WORK AND NO PLAY? Not in The Margot. This two-story home combines all the essentials you need with all the amenities you want. Sure, when it comes to getting down to business, The Margot’s laundry room has everything you’ll ever need to keep things orderly. And when it comes to the fun part, like hosting a fabulous dinner party, the spacious kitchen and great room will have you and your

    Section Image
  • 1420 Arrowwood Circle St W Unit 36788966, Oconomowoc, WI 53066

    $600,700

    • 4 Beds
    • 2.5 Baths
    • 2,045 Sq Ft
    • 1420 Arrowwood Circle St W
    • Unit 36788966
    • Oconomowoc, WI

    Calling all cooks, Booklovers and Decorators! Go ahead, line the shelves with those classic Mark Twain novels or one-of-a-kind treasures. Load up that roomy kitchen with gourmet pans and obscure gadgets. With more space, means more luxury. Meet The Hoffman.All prices, promotions and specifications are subject to change at any time without notice based on the discretion of Veridian Homes.

    Section Image
  • 1420 Arrowwood Circle St W Unit 36788963, Oconomowoc, WI 53066

    $485,900

    • 3 Beds
    • 2.5 Baths
    • 1,575 Sq Ft
    • 1420 Arrowwood Circle St W
    • Unit 36788963
    • Oconomowoc, WI

    Work and play. Play and work. The kitchen island in The Harlequin is fully equipped for both. Mix up your mother’s red velvet cake recipe. Chat with your friends over coffee and scones. Prepare your financials. Store your new pots and pans in the cabinets below. Toast to a happy home. This kitchen island allows you to do it all, within the comfort of your own home. Meet The Harlequin.All

    Section Image
  • 1791 Morgan Station Ct, Oconomowoc, WI 53066

    $529,900

    • 3 Beds
    • 2 Baths
    • 1,690 Sq Ft
    • 1791 Morgan Station Ct
    • Oconomowoc, WI

    Welcome to this stunning split ranch home, just two years young and designed for modern living! The open concept layout effortlessly combines comfort and style, making it perfect for entertaining. Cozy up by the fireplace in the inviting living room or gather in the expansive eat-in kitchen and dining area. The master bedroom, complete with a luxurious ensuite bathroom, is a true highlight. Two

    Rees Beguhl RE/MAX Forward

    Section Image
  • 1342 Arrowood Cir W, Oconomowoc, WI 53066

    $519,900

    • 3 Beds
    • 2.5 Baths
    • 1,573 Sq Ft
    • 1342 Arrowood Cir W
    • Oconomowoc, WI

    Image is representative of home; colors may vary.All prices, promotions and specifications are subject to change at any time without notice based on the discretion of Veridian Homes.

    Section Image
  • 1017 Elderberry Rd, Oconomowoc, WI 53066

    $539,900

    • 3 Beds
    • 2 Baths
    • 1,720 Sq Ft
    • 1017 Elderberry Rd
    • Oconomowoc, WI

    Move-in Ready 79 ARW Julian Cottage II Unit A, TWIN HOME! AVAILABLE 11/25/25! Welcome to Haven, a community of Twin Homes offering low-maintenance living in custom homes w/ private yards. Monthly association fee $245 covers lawn mowing, fertilization, & snow removal; plus a la carte seasonal services are available for separate rate. All Veridian homes are Quality360 certified, meaning they

    Rachael Bublitz Shorewest Realtors, Inc.

    Section Image
  • 205 Shore Cir, Oconomowoc, WI 53066

    $499,000

    • 3 Beds
    • 2 Baths
    • 1,682 Sq Ft
    • 205 Shore Cir
    • Oconomowoc, WI

    Welcome home to this beautifully maintained 3-bedroom, 2-bath ranch nestled in one of Oconomowoc's most sought-after neighborhoods. Located just steps from Silver Lake Intermediate School and backing up to a scenic walking/bike trail, this home offers the perfect blend of comfort, convenience, and community. You'll love the peace of mind that comes with the recently updated roof and siding.

    Tony Wendorf & Associates Team* First Weber Inc - Delafield

    Section Image
  • 1299 Arrowood Cir W, Oconomowoc, WI 53066

    $634,900

    • 4 Beds
    • 2.5 Baths
    • 2,033 Sq Ft
    • 1299 Arrowood Cir W
    • Oconomowoc, WI

    Image is representative of home; colors may vary.All prices, promotions and specifications are subject to change at any time without notice based on the discretion of Veridian Homes.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $475,200 New Conventional
Closed $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Metro MLS

MLS Number: 1903759

Metro MLS

APN: SUMT-0654-993