$250,000
SOLD MAY 15, 2025

427 Lake Dr Mellen, WI 54546

2 Beds
2 Baths
2,340 Sq Ft
0.95 Acres

Recently Sold

$107 Per Sq Ft

9% Below List Price

84 Days on Market

Highlights

  • Panoramic View
  • Traditional Architecture
  • No HOA
  • Vaulted Ceiling
  • Loft
  • Den

About This Home

As of May 2025

**Charming Northwoods Retreat with Stunning Views! Nestled on nearly an acre of picturesque land, this beautifully renovated 2-bedroom, 2-bath home is a perfect blend of modern comfort and serene natural beauty. Located conveniently in town with city sewer and city water also maintaining easy access to local amenities. Step inside and be greeted by a bright, spacious living room featuring soaring vaulted ceilings that invite you to relax and unwind. Large windows frame breathtaking panoramic views of Mt. Whitlesey. Imagine sipping your morning coffee while basking in the sunlight filtering through these expansive windows. This home was recently updated but still maintains it's character and cozy charm. Outside, you’ll find that the expansive lot offers ample room for gardening, outdoor gatherings, or simply soaking up the beauty of nature. And with a massive 3-car garage—partially heated—you'll have plenty of space for vehicles, toys, or a workshop. This home is located near the pristine shores of Lake Superior and the breathtaking trails of Chequamegon National Forest, your weekends will be filled with hiking, fishing, and exploring the great outdoors. Whether you’re looking for a peaceful retreat or an active lifestyle, this property checks all the boxes. Don’t miss your chance to own this Northwoods treasure! Schedule your private showing today and step into the home of your dreams!

Last Agent to Sell the Property

Faith Mauritz

Coldwell Banker Realty - Ashland Listed on: 01/02/2025

Coldwell Banker Realty - Ashland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,928

Year Built

  • Built in 1887

Lot Details

  • 0.95 Acre Lot
  • Property fronts a highway

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Bay Window
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Den
  • Loft
  • Tile Flooring
  • Panoramic Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank
  • Fiber Optics Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Rain Gutters

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 251-00561-0200 & 251-00003-2920

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,928

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 13 S. to Mellen. Left on Hwy 77.
  • InternetOptions: Cable, Fiber Optic, Satellite
  • L O1 Office Phone1 Number: 715-682-3080
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Twp Number: 44
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Cable TV, Beamed Ceilings, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2340
  • Garage Type: Detached
  • Heat: Forced Air, Wood, Propane
  • MainFloorBath: Yes
  • Bedroom 3: Den/Office
  • TotalBedrooms: 2
  • Year Built: 1887
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Freezer, Range/Stove, Refrigerator
  • Basement Features: Unfinished, Bath, Washer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Den/Office, Loft
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Laundry Room
  • Stories: 1.25 - 1.75 Story
  • Room 6: Primary Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2340
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: City, Highway, Storm Sewer, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Bay Window, Double Glazed, Energy Windows, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 80x30

Utilities

  • Power Company: Xcel Energy
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Mellen (WI) #3427

Lot Info

  • Estimated Lot Dimensions: unknown
  • Estimated Number of Acres: 0.95
  • Cultivated Acreage: LSAR
  • Geo Subdivision: WI
  • Parcel Number: 251-00561-0200 & 251-00003-2920

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA, MHFA/WHEDA, VA DVA

Tax Info

  • Tax Amount: 1928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Feb 8, 2019
Sold by
Kalmon Joseph M
Bought by
Machones Michael J and Machones Sherry L
Seller's Agent
Tom Buzzi
Coldwell Banker Realty - Ashland
Buyer's Agent
Barb Nuutinen
Blue Water Realty, LLC
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$394,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,954
Avg. Annual Appreciation
16.91%
Original Mortgage
$132,554
Outstanding Balance
$116,539
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$278,415

Purchase Details

Closed on
Jul 31, 2007
Sold by
Bucheger Joan R and Kalmon Joan R
Bought by
Kalmon Joseph M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,554 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2025 05/15/25 Sold $250,000 -5.7% $107 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
02/17/2025 02/17/25 Price Changed $265,000 -3.6% $113 / Sq Ft
01/02/2025 01/02/25 For Sale $275,000 +103.7% $118 / Sq Ft
02/08/2019 02/08/19 Sold $135,000 0.0% $58 / Sq Ft View Prior Sale
12/10/2018 12/10/18 Pending -- -- --
12/04/2018 12/04/18 For Sale $135,000 -- $58 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $2,260 $94,200 $11,300 $82,900
2023 $1,943 $94,200 $11,300 $82,900
2022 $1,891 $94,200 $11,300 $82,900
2021 $1,988 $94,200 $11,300 $82,900
2020 $2,182 $94,200 $11,300 $82,900
2019 $1,870 $94,200 $11,300 $82,900
2018 $1,848 $94,200 $11,300 $82,900
2017 $2,038 $94,200 $11,300 $82,900
2016 $2,026 $94,200 $11,300 $82,900
2015 $2,156 $94,200 $11,300 $82,900
2014 $2,069 $94,200 $11,300 $82,900
2013 $1,426 $62,400 $11,300 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117436

APN: 251-00561-0200