NOT LISTED FOR SALE

4271 Shepard Lake Rd Rhinelander, WI 54501

Estimated Value: $434,438 - $513,000

4 Beds
2 Baths
2,935 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $340,000 $116 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,883/month

113 Days on Market

Highlights

  • Wood Burning Stove
  • Private Lot
  • 2 Car Attached Garage
  • Farm
  • Ranch Style House
  • Ceiling Fan

About This Home

As of March 2023

Three thousand square feet of incredible space make this 4 bedroom 2 bath sprawling ranch home one of the most impressive residences we have seen. A home with everything you expect and more, including a beautiful setting, 3.2 acres of land, great location within a mile of Menards and an additional 32 x 32 outbuilding with electric and a concrete floor. The sellers have toiled endlessly to make sure the home is meticulous and in move in ready condition. New roof, new stain, all new flooring, appliances, fixtures, countertops, professional interior painting, some newer windows, doors and more. The massive living room is split by a drop down two sided wood burning fireplace, many large windows and an attached and heated enclosed porch. Every bedroom has two closets and the hallway has 6 more so you will never run out of storage space. The basement is unfinished and offers a variety of options for the Buyer. A truly spectacular property!!

Last Agent to Sell the Property

Kathy Dolch

PINE POINT REALTY License #51655 - 90 Listed on: 11/29/2022

Last Buyer's Agent

Cecily Dawson

LAKELAND REALTY License #58805 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 1967

Lot Details

  • 3.21 Acre Lot
  • Rural Setting
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Zoning described as Residential/Farming

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,935 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Masonry

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Drilled Well
  • Propane Water Heater
  • Public Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Outbuilding
  • Farm

Listing and Financial Details

  • Assessor Parcel Number 02801-0557-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,789

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Ownership: Fee Simple
  • Directions: Hwy. 17 North to right on Shepard Lake Rd. approx. 1 1/2 miles on right .Brick facade No sign
  • Above Grade Finished Sq Ft: 2935.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1967
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Propane Water Heater, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Sump Pump, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s), Cable TV

Exterior Features

  • Lot Features: Farm, Level, Private, Rural Lot, Secluded
  • Waterfront: No
  • Construction Type: Brick, Frame, Wood Siding
  • Exterior Features: Out Building(s), Paved Driveway, Propane Tank - Leased
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Storage, Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Utilities: Cable Available, Phone Available
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 139697.0
  • Parcel #: 02801-0557-0000
  • Zoning Description: Residential/Farming

Tax Info

  • Tax Annual Amount: 2789.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Mar 29, 2023
Sold by
Skubal Gregory Dennis
Bought by
Paton Jonathan S
Seller's Agent
Kathy Dolch
PINE POINT REALTY
Buyer's Agent
Cecily Dawson
LAKELAND REALTY
List Price
$400,000
Sold Price
$340,000
Premium/Discount to List
-$60,000
-15%
Views
763
Current Estimated Value
$476,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,360
Avg. Annual Appreciation
12.80%
Original Mortgage
$310,500
Outstanding Balance
$301,419
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$174,941
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Paton Jonathan S $340,000 Gowey Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paton Jonathan S $310,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2023 03/29/23 Sold $340,000 -5.3% $116 / Sq Ft
01/17/2023 01/17/23 Price Changed $359,000 -5.3% $122 / Sq Ft
12/12/2022 12/12/22 Price Changed $379,000 -5.3% $129 / Sq Ft
11/29/2022 11/29/22 For Sale $400,000 -- $136 / 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 $4,994 $295,200 $17,900 $277,300
2023 $4,814 $295,200 $17,900 $277,300
2022 $2,459 $190,500 $17,900 $172,600
2021 $3,221 $190,500 $17,900 $172,600
2020 $4,380 $267,200 $37,900 $229,300
2019 $3,826 $267,200 $37,900 $229,300
2018 $3,979 $267,200 $37,900 $229,300
2017 $3,615 $252,400 $37,900 $214,500
2016 $3,755 $252,400 $37,900 $214,500
2015 $3,560 $252,400 $37,900 $214,500
2014 $3,560 $252,400 $37,900 $214,500
2011 $3,476 $252,400 $37,900 $214,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 199898

Greater Northwoods MLS

APN: 02801-0557-0000