NOT LISTED FOR SALE

3921 Magnolia Ln Rhinelander, WI 54501

Estimated Value: $329,000 - $382,000

3 Beds
2 Baths
2,400 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $263,000 $110 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,162/month

44 Days on Market

Highlights

  • Wood Burning Stove
  • Wooded Lot
  • 1 Fireplace
  • Private Lot
  • Ranch Style House
  • Garage

About This Home

As of May 2022

A comfortable log-sided home tucked away along a no-thru road on a wooded 1.47 acre lot with no neighbors in plain sight...Now that's country living! The home’s main level offers a "tried-and-true" floor plan that includes the living room w/ vaulted ceiling & wood-burning fireplace, dining area w/ patio to the backyard, a galley kitchen, two full bathrooms, two bedrooms, and the principal third bedroom w/ patio door access to a sunny side yard to enjoy morning coffee. The lower level is drywalled other than the mechanical room and features a dedicated hobby room on one end and a family room on the other end with the space in between open for rec tables or a host of other options. Additional perks include a metal roof on the home & attached 2-car garage, a detached 2-car garage or shop w/ sheeting & insulation in place, a paved driveway, garden space, and a wooded & private backyard for relaxing in the beautiful Northwoods. You'd better steal this Magnolia before someone else does!

Last Agent to Sell the Property

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 04/07/2022

FIRST WEBER - RHINELANDER

Last Buyer's Agent

NON NON MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,842

Lot Details

  • 1.47 Acre Lot
  • Rural Setting
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Metal Roof
  • Log Siding

Interior Spaces

  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Garage
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Drilled Well
  • Public Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number NE-370-11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,842

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Ownership: Fee Simple
  • Directions: From intersection of Hwy's K & 47 in Rhinelander, follow Hwy 47 North 0.5 mile to Left on Forest Lane. Follow Forest Lane 1.4 miles to Left on Velvet Lake Road. Follow Velvet Lake Road 0.1 mile to Magnolia Lane on Left & 3921 Magnolia on Left
  • Above Grade Finished Sq Ft: 1250.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Other
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1150.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Level, Private, Rural Lot, Secluded, Wooded
  • Waterfront: No
  • Construction Type: Log Siding
  • Exterior Features: Paved Driveway
  • Other Structures: Garage(s)
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Detached, Garage, Storage, Driveway

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Lot Info

  • Lot Size Sq Ft: 64033.0
  • Parcel #: NE-370-11
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1842.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 25, 2022
Sold by
Berg Andrew P
Bought by
Jacks Timothy S and Jacks Debra A
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
NON NON MEMBER
NON-MEMBER
List Price
$259,900
Sold Price
$263,000
Premium/Discount to List
$3,100
1.19%
Current Estimated Value
$367,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,456
Avg. Annual Appreciation
10.30%
Original Mortgage
$210,400
Outstanding Balance
$199,421
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$168,035

Purchase Details

Closed on
Feb 6, 2020
Sold by
Zeratsky Lauren T
Bought by
Berg Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jul 19, 2019
Sold by
Newby Danie A and Newby Janet L
Bought by
Berg Andrew P and Zeratsky Lauren T
Seller's Agent
Kathy Dolch
PINE POINT REALTY
Buyer's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$169,750
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Jacks Timothy S $263,000 Northwoods Title
Berg Andrew P $87,500 Northern Title
Berg Andrew P $175,000 Northern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacks Timothy S $210,400
Previous Owner Berg Andrew P $172,500
Previous Owner Berg Andrew P $169,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $263,000 +1.2% $110 / Sq Ft
04/12/2022 04/12/22 For Sale $259,900 +48.5% $108 / Sq Ft
07/19/2019 07/19/19 Sold $175,000 -2.7% $83 / Sq Ft View Prior Sale
07/12/2019 07/12/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $179,900 -- $85 / 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 $2,803 $192,100 $22,200 $169,900
2023 $2,655 $192,100 $22,200 $169,900
2022 $1,608 $166,000 $22,200 $143,800
2021 $2,457 $166,000 $22,200 $143,800
2020 $1,958 $166,000 $22,200 $143,800
2019 $1,960 $166,000 $22,200 $143,800
2018 $1,620 $136,300 $22,200 $114,100
2017 $1,673 $136,300 $22,200 $114,100
2016 $1,713 $136,300 $22,200 $114,100
2015 $1,803 $136,300 $22,200 $114,100
2014 $1,803 $136,300 $22,200 $114,100
2011 $1,720 $136,300 $22,200 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 195792

Greater Northwoods MLS

APN: NE 370 11