NOT LISTED FOR SALE

3909 Chippewa Tr Lapointe, WI 54850

Estimated Value: $430,278 - $698,000

2 Beds
1 Bath
2,039 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $275,000 $135 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,175/month

306 Days on Market

Highlights

  • Private Waterfront
  • Traditional Architecture
  • 2 Car Detached Garage
  • Lake View
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of July 2019

One of the prettiest lake shore lots on Madeline Island includes buildings in need of a complete renovations. Original house was built in 1903 and features square hand hewn logs, a pot belly stove, and a screen porch for listening to the waves or watching sailboats float by. The lawn and grounds are beautifully manicured and lead up to over 300' of pristine Lake Superior beach frontage. Other outbuildings need repair, some located directly on the beach and likely grandfathered in. Former very long crib dock below water line.

Last Agent to Sell the Property

Gennifer Reed

Windseeker Realty, LLC Listed on: 08/11/2018

Last Buyer's Agent

Kevin Porter

Porter Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1903

Lot Details

  • 2.82 Acre Lot
  • Private Waterfront
  • 310 Feet of Waterfront
  • Lake Front
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Log Cabin
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Composition Shingle

Interior Spaces

  • 2,039 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Room
  • Lake Views
  • Partial Basement
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • No Heating
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 014-00018-0600

Home Details

Home Type

Single Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take a left from ferry, follow Big Bay Rd to the end. Left on Schoolhouse Rd, 2nd right on Chippewa Trail.
  • L O1 Office Phone1 Number: 715-779-5000
  • ShorelineCharacteristics: Rocky, Sand, Shore-Beach
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Dryer Hook-Ups, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Frame/Wood, Log Home
  • FinFootageAboveGrade: 2039
  • Garage Type: Detached
  • Heat: None
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1903
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Bathroom 1 Level: 1
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Family Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Porch
  • Room 7: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 2039
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Other Buildings
  • Waterfront Access: Private
  • Water Frontage In Feet: 310
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Composition

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Xcel Energy
  • Sewer: Drain Field
  • Water: Private

Schools

  • Junior High Dist: Bayfield (WI) #315

Lot Info

  • Estimated Lot Dimensions: 473' x 308' x 431' x 311' Appr
  • Estimated Number of Acres: 2.82
  • Cultivated Acreage: LSAR
  • Geo Subdivision: WI
  • Lot Description: Accessible Shoreline, Level
  • Parcel Number: 014-00018-0600
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 8814.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2018
Closed on
Jul 31, 2019
Sold by
Busse Jean E
Bought by
Umbrage Lp
Seller's Agent
Gennifer Reed
Windseeker Realty, LLC
Buyer's Agent
Kevin Porter
Porter Realty LLC
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$500,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,820
Avg. Annual Appreciation
10.07%
Original Mortgage
$206,250
Outstanding Balance
$180,637
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$320,183
Source: Public Records

Range of Values:

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Average Value
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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
Umbrage Lp $275,000 Midwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umbrage Lp $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $275,000 0.0% $135 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
08/11/2018 08/11/18 For Sale $275,000 -- $135 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $6,650 $323,000 $311,100 $11,900
2023 $6,267 $245,000 $245,000 $0
2022 $5,813 $245,000 $245,000 $0
2021 $5,786 $245,000 $245,000 $44,300
2020 $6,567 $289,300 $245,000 $44,300
2019 $7,399 $343,100 $298,800 $44,300
2018 $7,760 $382,200 $298,800 $83,400
2017 $8,814 $442,700 $351,500 $91,200
2016 $8,830 $442,700 $351,500 $91,200
2015 $9,311 $442,700 $351,500 $91,200
2014 $8,760 $481,700 $390,500 $91,200
2013 $9,082 $481,700 $390,500 $91,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6077810

APN: 014-00018-0600