NOT LISTED FOR SALE

418 E Park Ave Minocqua, WI 54548

Estimated Value: $631,866 - $793,000

3 Beds
2 Baths
1,528 Sq Ft
$469/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2022

Last sale price $525,000 $344 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,159 / mo

4 Days on Market

Highlights

  • Lake Front
  • Deck
  • Cathedral Ceiling
  • Docks
  • Wood Burning Stove
  • Subterranean Parking

About This Home

As of June 2022

Affordable LAKE MINOCQUA Living! When is the last time you heard that? This 3BD/2BA home on Park Ave in Minocqua sits lakefront w/ incredible views. Take those views in from your spacious wrap around deck, or through the windows that surround the front of the home. The 3 stall detached garage and nicely landscaped backyard is a rare find for a location like this in today's market. A walk-out lower level has potential to convert the drive under garage to one sweet Rec Room or adtl. BD. A unique feature to the property; one of the ORIGINAL Minocqua Hotel cabins sits on the property & currently acts as a shed-could make a cute ltl. guest house. Lake frtg is across the road & Town of Minocqua currently allows use & boat docking on the Right of Way. The dock is in and ready for your boat. The best of both worlds-Enjoy the lake by day & in the evening walk into town for night life & a bite to eat. An excellent investment for personal use or consider potential rental income this could bring.

Last Agent to Sell the Property

PAT VAN HEFTY

REDMAN REALTY GROUP, LLC License #49511 - 90 Listed on: 08/06/2021

Last Buyer's Agent

Peter Meyer

REDMAN REALTY GROUP, LLC License #93466 - 94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,223

Year Built

  • Built in 1965

Lot Details

  • 10,890 Sq Ft Lot
  • Lake Front
  • Landscaped
  • Sloped Lot
  • Zoning described as General Business

Parking

  • 1 Car Detached Garage
  • Driveway
  • Additional Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Property Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Outbuilding

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number MI 3385

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,223

Year Built

Built in 1965

Lot Details

0.25 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: x165
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: MINOCQUA
  • Ownership: Trust
  • Directions: Downtown Minocqua-Hwy 51 NORTH. RIGHT on Menominee St for .2 miles. RIGHT onto E. Park Ave. 418 E. Park Ave.
  • Above Grade Finished Sq Ft: 1272.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1965
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 256.0
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Mixed, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Pantry, Cable TV, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Lake Front, Sloped
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Landscaping, Out Building(s), Paved Driveway
  • Foundation Details: Poured
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Detached, Underground, Garage, One Car Garage, Two Car Garage, Driveway
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Baseboard, Hot Water, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Elementary School: ON MHLT
  • High School: ON Lakeland Union

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: MI 3385
  • Zoning Description: General Business

Tax Info

  • Tax Annual Amount: 2223.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
May 27, 2022
Sold by
Sheila Lenke
Bought by
Rein James L and Rein Catherine E
Seller's Agent
PAT VAN HEFTY
REDMAN REALTY GROUP, LLC
Buyer's Agent
Peter Meyer
REDMAN REALTY GROUP, LLC
List Price
$499,900
Sold Price
$525,000
Premium/Discount to List
$25,100
5.02%
Current Estimated Value
$716,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,467
Avg. Annual Appreciation
8.23%
Original Mortgage
$529,600
Outstanding Balance
$495,408
Interest Rate
4.13%
Mortgage Type
Construction
Estimated Equity
$221,059

Purchase Details

Closed on
Jan 2, 2020
Sold by
Braatz Jeffrey J and Braatz Shirley A
Bought by
The Braatz Family Protection Trust

Purchase Details

Closed on
May 7, 2015
Sold by
Ervin R Braatz & Elfrieda G Braatz Revocable
Bought by
Braatz Jeffrey J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Rein James L $525,000 Oneida Title
The Braatz Family Protection Trust -- None Available
Braatz Jeffrey J $215,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rein James L $529,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $525,000 +5.0% $344 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $499,900 -- $327 / Sq Ft
Source: Greater Northwoods MLS

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
2025 $4,321 $403,400 $109,900 $293,500
2024 $4,246 $403,400 $109,900 $293,500
2023 $3,402 $328,100 $109,900 $218,200
2022 $2,223 $251,300 $109,900 $141,400
2021 $2,462 $251,300 $109,900 $141,400
2020 $2,270 $251,300 $109,900 $141,400
2019 $2,220 $213,600 $91,600 $122,000
2018 $2,161 $213,600 $91,600 $122,000
2017 $2,111 $213,600 $91,600 $122,000
2016 $2,223 $213,600 $91,600 $122,000
2015 $2,110 $213,600 $91,600 $122,000
2014 $2,110 $213,600 $91,600 $122,000
2011 $2,152 $246,500 $109,900 $136,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    PAT VAN HEFTY

    REDMAN REALTY GROUP, LLC

    (715) 358-0450

    111 in this area

    259 Total Sales

    PAT VAN HEFTY
    Section Image
  • Peter Meyer

    Buyer's Agent in 2022

    Peter Meyer

    REDMAN REALTY GROUP, LLC

    (715) 890-0201

    59 in this area

    148 Total Sales

    Peter Meyer
    Section Image
See All Agents

Map

Source: Greater Northwoods MLS

MLS Number: 192703

Greater Northwoods MLS

APN: MI 3385

Wisconsin Oneida County Minocqua 54548

418 E Park Ave, Minocqua, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.