NOT LISTED FOR SALE

402 Pine Terrace Unit 402 Oconomowoc, WI 53066

Estimated Value: $568,000 - $638,000

3 Beds
2.5 Baths
2,320 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $469,000 $202 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,167/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Boat Slip
  • Main Floor Primary Bedroom
  • Greenland Elementary School Rated A-
  • Waterfront
  • End Unit

About This Home

As of May 2021

This beautifully updated and spacious Pine Terrace condo has Fowler Lake access and is located along the coveted Fowler Lake Loop. Walk to downtown Oconomowoc venues! Enter the foyer/great room with soaring ceilings, skylights and a newer gas fireplace. The combined open kitchen/dining area was renovated with stainless appliances, generous cabinet and pantry space, and with newer windows/patio doors to your private deck. The 1st floor MBR suite and remodeled bath has a stack washer/dryer and walk-in closet. Upstairs are 2 good sized bedrooms,1 has a private balcony, a 2nd full bath, loft, storage closet. The 2+ car garage is heated/insulated and the full basement is partially finished . Relax and enjoy the private condo park on Fowler Lake with gazebo, beach, pontoon boat, and canoe racks.

Last Agent to Sell the Property

Timothy Michelic

Realty Executives - Integrity License #28340-90 Listed on: 03/20/2021

Realty Executives - Integrity

Last Buyer's Agent

Timothy Michelic

Realty Executives - Integrity License #28340-90 Listed on: 03/20/2021

Realty Executives - Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Balcony

Schools

  • Greenland Elementary School
  • Nature Hill Middle School
  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Rights
  • High Speed Internet

Community Details

Overview

  • 44 Units
  • Pine Terrace Condos

Recreation

  • Community Boat Slip
  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,184

Year Built

Built in 1988

Lot Details

0

HOA Fees

$478 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: stove, refrigerator,dishwasher,microwave,washer,dryer,garage freezer,window treatments
  • Directions: Hwy 16 Bypass to Lisbon Rd, West to Pine Terrace, left to the 1st cul de sac on the Right.
  • New Construction: No
  • Year Built: 1988
  • AssociationCommonAmenities: Common Green Space, Boat Slip / Pier, Walking Trail
  • Below Grade Sq Ft: 900
  • CondoFeeMonthly: 478.0
  • CondoUnitType: 1.5 Story, End Unit
  • Full Street Address: 402 Pine Ter
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Other Rm1 Level: Upper
  • Other Rm1 Name: Loft
  • Property Water Features: Lake, Deeded Water Access, Water Access/Rights, Waterfrontage on Lot
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Has Basement: Full, Partially Finished
  • Interior Amenities: Water Filtration Own, Water Softener, Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Loft, Pantry, Skylight(s), Cathedral/vaulted ceiling, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Tub Only, Master Bedroom Bath: Tub/Shower Combo, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 2320.00

Exterior Features

  • Exclusions: Personal property
  • Exterior Features: Balcony, Private Entry
  • Exterior Building Type: Side X Side, 2 Story
  • Exterior: Brick, Brick/Stone, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Heated, Opener Included, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: Assigned

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Pine Terrace
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 44

Schools

  • School District: Oconomowoc Area
  • Elementary School: Greenland
  • Middle School: Nature Hill
  • High School: Oconomowoc
  • Elementary School: Greenland
  • High School: Oconomowoc
  • Junior High Dist: Oconomowoc Area

Lot Info

  • Zoning: residential

Tax Info

  • Tax Year: 2020
  • Total Taxes: 5184.0

MLS Schools

  • Middle School: Nature Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Freer Maynard L
Bought by
Maynard Freer Revocable Living Trust and Freer
Current Estimated Value
$605,416

Purchase Details

Listed on
Mar 20, 2021
Closed on
May 18, 2021
Sold by
Hayenga Mary E
Bought by
Tull Michael J
Seller's Agent
Timothy Michelic
Realty Executives - Integrity
Buyer's Agent
Timothy Michelic
Realty Executives - Integrity
List Price
$469,000
Sold Price
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$375,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2021
Closed on
Apr 29, 2021
Sold by
Tull Michael J and Tull Anthony Warneck
Bought by
Freer Maynard L
Seller's Agent
Timothy Michelic
Realty Executives - Integrity
Buyer's Agent
Timothy Michelic
Realty Executives - Integrity
List Price
$469,000
Sold Price
$469,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2015
Sold by
Hayenga Mary E
Bought by
Hayenga Mary E and Hayenga Daniel J

Purchase Details

Closed on
Apr 29, 2010
Sold by
Hayenga Daniel J and Hayenga Mary E
Bought by
Hayenga Mary E

Purchase Details

Closed on
Dec 3, 2008
Sold by
Merten Grace M
Bought by
Hayenga Daniel J and Hayenga Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2003
Sold by
Estate Of Gwendolen M Hansen
Bought by
Grace M Merten Revocable Trust
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
Maynard Freer Revocable Living Trust -- None Listed On Document
Tull Michael J -- --
Freer Maynard L $469,000 Frontier Title
Hayenga Mary E -- None Available
Hayenga Mary E -- None Available
Hayenga Daniel J $345,000 Priority Title Corporation
Grace M Merten Revocable Trust $334,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freer Maynard L $375,200
Previous Owner Hayenga Daniel J $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $469,000 0.0% $202 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $469,000 -- $202 / 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 $5,901 $551,000 $60,000 $491,000
2023 $5,824 $519,100 $60,000 $459,100
2022 $6,451 $469,000 $60,000 $409,000
2021 $5,062 $373,900 $60,000 $313,900
2020 $5,184 $299,100 $60,000 $239,100
2019 $5,025 $299,100 $60,000 $239,100
2018 $4,861 $299,100 $60,000 $239,100
2017 $5,414 $299,100 $60,000 $239,100
2016 $4,880 $299,100 $60,000 $239,100
2015 $4,853 $299,100 $60,000 $239,100
2014 $5,299 $299,100 $60,000 $239,100
2013 $5,299 $323,400 $65,000 $258,400
Source: Public Records

Agents Affiliated with this Home

  • Timothy Michelic

    Seller's Agent in 2021

    Timothy Michelic

    Realty Executives - Integrity

    (262) 370-7761

    16 in this area

    117 Total Sales

    Timothy Michelic
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Map

Source: Metro MLS

MLS Number: 1731487

Metro MLS

APN: OCOC-0562-998-021

Wisconsin Waukesha County Oconomowoc 53066

402 Pine Terrace Unit 402, Oconomowoc, WI

This home is located at 402 Pine Terrace Unit 402, Oconomowoc, WI 53066 since 20 March 2021 and is currently estimated at $605,416, approximately $260 per square foot. This property was built in 1988. 402 Pine Terrace Unit 402 is a home located in Waukesha County with nearby schools including Greenland Elementary School, Nature Hill Intermediate School, and Oconomowoc High School.

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