NOT LISTED FOR SALE

3982 Rasmusson Rd Rhinelander, WI 54501

Estimated Value: $205,000 - $321,000

10.34 Acres
$25,192 Price per Acre
450,410 Sq Ft Lot

Last Sold October 11, 2021

Last sale price $80,000

Est. 226% increase in value since last sale

Current estimated payment $1,527/month

12 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Shops

About This Lot

As of October 2021

Beautiful 10 acres of land with a great mix of trees and open space with endless possibilities. Property already has a new drilled well and 3 bedroom septic in place just waiting for it's new owner to build their dream home. Driveway in place and building site is cleared. Or use the property as your getaway and stay in the 2013 Camper that's included in the sale. Both 5 acre parcels are being sold together. Future owner could keep them both for extra elbow room, or sell one off in the future. For $59,900 with 10 acres, well, septic, camper....what more could you ask for. Current owners have priced this property to sell.

Last Agent to Sell the Property

Peter Meyer

REDMAN REALTY GROUP, LLC License #93466 - 94 Listed on: 09/21/2021

Co-Listed By

Matt Wallmow

REDMAN REALTY GROUP, LLC

Last Buyer's Agent

Matt Wallmow

REDMAN REALTY GROUP, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $522

Year Built

  • Built in 2013

Lot Details

  • 10.34 Acre Lot
  • Lot Dimensions are 1000x402
  • The property's road front is unimproved
  • Rural Setting
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Schools

  • Rhinelander High School

Utilities

  • Drilled Well

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number ST-528-4 & ST-528-3

Property Details

Property Type

Land

Est. Annual Taxes

$522

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size: 1000x402
  • Road Surface Type: Unimproved
  • Co List Office Mls Id: 600
  • Co List Office Phone: (715)358-0450
  • Ownership: Fee Simple
  • Directions: Hwy C East from Rhinelander, Right on Rasmusson Rd, Property on Corner of Rasmusson Rd and Wildwing Ct
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Private, Rural Lot, Secluded, Wooded
  • Waterfront: No

Utilities

  • Sewer: Conventional Sewer
  • Utilities: Electricity Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • High School: ON Rhinelander

Lot Info

  • Lot Size Sq Ft: 450410.0
  • Parcel #: ST-528-4 & ST-528-3
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 522.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2025
Sold by
Kieffer Mitchell and Kieffer Marjorie
Bought by
Wills Eric and Wills Andrea
Current Estimated Value
$260,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$115,000
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$146,392

Purchase Details

Listed on
Sep 21, 2021
Closed on
Oct 11, 2021
Sold by
Foemmel Michael D and Foemmel Pamela J
Bought by
Kieffer Mitchel and Kieffer Marjorie
Seller's Agent
Peter Meyer
REDMAN REALTY GROUP, LLC
Buyer's Agent
Matt Wallmow
REDMAN REALTY GROUP, LLC
List Price
$59,900
Sold Price
$80,000
Premium/Discount to List
$20,100
33.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.05%

Purchase Details

Listed on
Jan 21, 2009
Closed on
Aug 19, 2016
Sold by
Cherry Creek Properties Llc
Bought by
Foemmel Michael D
Seller's Agent
Jake Nelson
SHOREWEST - RHINELANDER
Buyer's Agent
Jake Nelson
SHOREWEST - RHINELANDER
List Price
$25,900
Sold Price
$16,000
Premium/Discount to List
-$9,900
-38.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.69%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wills Eric $300,000 Knight Barry Title
Kieffer Mitchel $80,000 Gowey Abstract & Ttl Co Inc
Foemmel Michael D $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wills Eric $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2021 10/11/21 Sold $80,000 +33.6% --
10/07/2021 10/07/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $59,900 +274.4% --
08/19/2016 08/19/16 Sold $16,000 -38.2% --
08/19/2016 08/19/16 Pending -- -- --
01/23/2009 01/23/09 For Sale $25,900 -- --
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 $1,664 $103,400 $17,800 $85,600
2023 $450 $29,700 $17,800 $11,900
2022 $301 $29,700 $17,800 $11,900
2021 $457 $29,700 $17,800 $11,900
2020 $303 $29,700 $17,800 $11,900
2019 $322 $29,700 $17,800 $11,900
2018 $320 $29,700 $17,800 $11,900
2017 $306 $24,900 $24,900 $0
2016 $334 $24,900 $24,900 $0
2015 $342 $24,900 $24,900 $0
2014 $342 $24,900 $24,900 $0
2011 $333 $24,900 $24,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 193529

Greater Northwoods MLS

APN: ST 528 3