NOT LISTED FOR SALE

4255 W Lake George Rd Rhinelander, WI 54501

Estimated Value: $741,000 - $1,047,397

5 Beds
4 Baths
3,344 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $975,000 $292 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,254/month

68 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • 2 Car Garage
  • Docks
  • 2 Fireplaces
  • Wet Bar

About This Home

As of August 2024

Experience lakeside luxury with this stunning 5BR/4BA home on Lake George, boasting 101' of pristine sand frontage. Perfect for entertaining, this property features multiple seating areas indoors & out. Listen to the waves against the rip rap shoreline while relaxing in the gazebo or sitting on the pier. The sellers have it furnished to comfortably sleep 21 people, however they have not rented it out. Zoned Business B-2 per Oneida Co Zoning, short-term rentals are permitted, potentially generating $5000-$7000 weekly per this seller. This home has seen numerous updates so please see the attached features list. Conveniently located close to Rhinelander's shopping, healthcare, bars/restaurants, with several dining options accessible by boat! Lake George spans 443-acres with a maximum depth of 26', offers a public boat landing & abundant fishing opportunities, making it a haven for outdoor enthusiasts. Don't miss the chance to own this exceptional lakeside retreat!

Last Agent to Sell the Property

David Eliason

ELIASON REALTY - EAGLE RIVER License #49853 - 90 Listed on: 05/19/2024

Last Buyer's Agent

Judy Mixis

SHOREWEST - RHINELANDER License #57961 - 90

SHOREWEST - RHINELANDER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 2008

Lot Details

  • 1.6 Acre Lot
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Window Egress

Outdoor Features

  • Docks

Schools

  • Pelican Elementary School
  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater
  • Public Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 02401-0823-0006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,493

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: GEORGE
  • Ownership: Fee Simple
  • Directions: From Rhinelander: CTH P east to Left on W Lake George Rd to Right at 4255. Sign on property.
  • Above Grade Finished Sq Ft: 2046.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Daylight, Exterior Entry, Egress Windows, Full, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1298.0
  • Fireplace Features: Gas, Multiple
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Slate, Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Bath in Primary Bedroom, Main Level Primary, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Concrete Composite, Frame
  • Exterior Features: Dock, Other
  • Foundation Details: Poured
  • Other Structures: Garage(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Detached, Garage, Two Car Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Elementary School: ON Pelican
  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Lot Size Sq Ft: 69696.0
  • Parcel #: 02401-0823-0006

Tax Info

  • Tax Annual Amount: 4493.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2024
Closed on
Aug 6, 2024
Sold by
Hinz Jason A and Hinz Rhiannon Rl
Bought by
William Edward Investments Llc
Seller's Agent
David Eliason
ELIASON REALTY - EAGLE RIVER
Buyer's Agent
Judy Mixis
SHOREWEST - RHINELANDER
List Price
$1,195,000
Sold Price
$975,000
Premium/Discount to List
-$220,000
-18.41%
Views
111
Current Estimated Value
$915,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,651
Avg. Annual Appreciation
-5.08%

Purchase Details

Listed on
Dec 28, 2020
Closed on
Jan 27, 2021
Sold by
Maskel Thomas C and Maskel Jennifer L
Bought by
Hinz Jason A and Hinz Rhiannon R
Seller's Agent
Kathy Dolch
PINE POINT REALTY
Buyer's Agent
Kathy Dolch
PINE POINT REALTY
List Price
$600,000
Sold Price
$584,000
Premium/Discount to List
-$16,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$525,600
Interest Rate
2.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
William Edward Investments Llc $975,000 Gowey Abstract & Title
Hinz Jason A $584,000 Northwoods Ttl & Closing Svc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinz Jason A $525,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Sold $975,000 -14.8% $292 / Sq Ft
06/18/2024 06/18/24 Price Changed $1,145,000 -4.2% $342 / Sq Ft
05/23/2024 05/23/24 For Sale $1,195,000 +104.6% $357 / Sq Ft
02/02/2021 02/02/21 Sold $584,000 -2.7% $183 / Sq Ft View Prior Sale
02/01/2021 02/01/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $600,000 -- $188 / 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 $5,453 $364,700 $90,100 $274,600
2023 $5,310 $364,700 $90,100 $274,600
2022 $4,146 $364,700 $90,100 $274,600
2021 $5,343 $364,700 $90,100 $274,600
2020 $4,606 $364,700 $90,100 $274,600
2019 $4,708 $364,700 $90,100 $274,600
2018 $4,809 $364,700 $90,100 $274,600
2017 $4,828 $364,700 $90,100 $274,600
2016 $5,000 $364,700 $90,100 $274,600
2015 $5,019 $364,700 $90,100 $274,600
2014 $5,019 $364,700 $90,100 $274,600
2011 $4,512 $364,700 $90,100 $274,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 206963

Greater Northwoods MLS

APN: PE 823 6