NOT LISTED FOR SALE

4295 Old Karr Ln Rhinelander, WI 54501

Estimated Value: $192,000 - $388,000

2 Beds
1 Bath
700 Sq Ft
$476/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $316,500 $452 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,936/month

63 Days on Market

Highlights

  • Boathouse
  • Wooded Lot
  • Wood Flooring
  • Lake Front
  • Cathedral Ceiling
  • Forced Air Heating System

About This Home

As of January 2023

Tranquility, that is what you will find at this very private Lake Thompson year around cottage. It features 2 bedrooms and 1 bath with open concept living, cathedral ceilings, floor to ceiling pine tongue and grove and 3/4” oak flooring. The electrical and plumbing updated in 2009. The windows, furnace and hot water heater and new roof in 2016. New holding tank place Oct. 2022. This property offers 145’ of sandy frontage in a quiet bay with a western exposure to enjoy those beautiful sunset in the Great Northwoods.

Last Agent to Sell the Property

MICHELLE PYRCHALLA

SHOREWEST - RHINELANDER Listed on: 05/23/2022

SHOREWEST - RHINELANDER

Last Buyer's Agent

Cheryl Kelsey

RE/MAX PROPERTY PROS-MINOCQUA License #52717 - 94

RE/MAX PROPERTY PROS-MINOCQUA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Lot Details

  • 0.72 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Property fronts an easement
  • Street terminates at a dead end
  • West Facing Home
  • Level Lot
  • Wooded Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Flooring
  • Water Views
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Boathouse

Utilities

  • Forced Air Heating System
  • Well
  • Propane Water Heater
  • Sewer Holding Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Trails

Listing and Financial Details

  • Assessor Parcel Number PE-22-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 145x
  • Road Frontage Type: Easement, Private Road
  • Water Body Name: THOMPSON
  • Ownership: Trust
  • Directions: Cty P -> N Faust Lk Rd -> S Shore Dr -> Left Steep Rd Left Old Karr Ln end of road
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: One Story
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Oven, Gas Range, Propane Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Cable TV, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Dead End, Lake Front, Level, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Direction Faces: West
  • Exterior Features: Propane Tank - Owned
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Boat House
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Other

Utilities

  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Holding Tank
  • Utilities: Cable Available, Phone Available
  • Water Source: Driven Well, Well

Condo/Co-op/Association

  • Community Features: Trails/Paths

Lot Info

  • Lot Size Sq Ft: 31363.0
  • Parcel #: PE-22-2
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1416.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Dec 30, 2022
Sold by
Sidney Karr Family Trust
Bought by
Pomarnke Kevin
Seller's Agent
MICHELLE PYRCHALLA
SHOREWEST - RHINELANDER
Buyer's Agent
Cheryl Kelsey
RE/MAX PROPERTY PROS-MINOCQUA
List Price
$319,000
Sold Price
$316,500
Premium/Discount to List
-$2,500
-0.78%
Views
90
Current Estimated Value
$333,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,968
Avg. Annual Appreciation
1.88%
Original Mortgage
$218,500
Outstanding Balance
$211,468
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$122,000

Purchase Details

Closed on
Jan 19, 2021
Sold by
Karr Gail S and Karr Gail Sidney
Bought by
Karr Gail Sidney and The Sidney Karr Family Trust

Purchase Details

Closed on
Dec 2, 2015
Sold by
Kopp Kathleen A
Bought by
Soulier Clint F
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
Pomarnke Kevin $316,500 --
Karr Gail Sidney -- None Available
Soulier Clint F $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pomarnke Kevin $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $316,500 -0.8% $452 / Sq Ft
11/03/2022 11/03/22 For Sale $319,000 -- $456 / 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 $2,243 $150,000 $94,000 $56,000
2023 $2,184 $150,000 $94,000 $56,000
2022 $1,282 $116,200 $94,000 $22,200
2021 $1,702 $116,200 $94,000 $22,200
2020 $1,420 $116,200 $94,000 $22,200
2019 $1,451 $116,200 $94,000 $22,200
2018 $1,481 $116,200 $94,000 $22,200
2017 $1,487 $116,200 $94,000 $22,200
2016 $1,540 $116,200 $94,000 $22,200
2015 $1,550 $116,200 $94,000 $22,200
2014 $1,550 $116,200 $94,000 $22,200
2011 $1,395 $116,200 $94,000 $22,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 199675

Greater Northwoods MLS

APN: PE 22 2