NOT LISTED FOR SALE

4522 Lake of the Falls Rd Unit 5 Mercer, WI 54547

Estimated Value: $58,000 - $215,206

1 Bed
1 Bath
340 Sq Ft
$402/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $49,000 $144 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $777/month

69 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Views
  • Docks
  • Recreation Facilities
  • Playground

About This Home

As of March 2017

Lake of the Falls - 4522 Lake of the Falls Road, Mercer - Quaint one bedroom cabin located at the mouth of Lake of the Falls. This 340 square foot cabin has one bedroom, bathroom with shower and living area. Has some updates - roof 2001 and shower 2008. Includes stove, refrigerator, dinette, bed, dresser and pier. Enjoy the lakeside firepit and picnic area. The view of Lake of the Falls on one side and the Turtle River on the other allows for beautiful sunrises and sunsets. Unit can be expanded/added on to up to another 340 Square Feet. This condo also has a common sandy beach area and playground area. Condo fees are only $41 a month!

Last Agent to Sell the Property

Kathy Tutt

RE/MAX ACTION NORTHWOODS REALTY, LLC License #38780 - 90 Listed on: 12/11/2016

RE/MAX ACTION NORTHWOODS REALTY, LLC

Last Buyer's Agent

Denise Goldsworthy

RE/MAX PROPERTY PROS-MINOCQUA License #39293 - 90

RE/MAX PROPERTY PROS-MINOCQUA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $633

Lot Details

  • 2.5 Acre Lot
  • Lake Front
  • River Front
  • West Facing Home
  • Level Lot

Parking

  • Shared Driveway

Home Design

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

Interior Spaces

  • 340 Sq Ft Home
  • Wood Flooring
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Outbuilding
  • Playground

Schools

  • Mercer Elementary And Middle School
  • Mercer High School

Utilities

  • No Heating
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$633

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront, River
  • Road Frontage Type: Town Road
  • Water Body Name: LAKE OF THE FALLS
  • Ownership: Condominium
  • Directions: Hwy 51 North 1 Mile. Left on Hwy FF. Go 3.4 Miles to Straight on Lake of the Falls Road to #4522. Right on Private Drive to Cabin at End and Sign.
  • Above Grade Finished Sq Ft: 340.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Gas Oven, Gas Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood

Exterior Features

  • Lot Features: Lake Front, Level
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front, River Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Direction Faces: West
  • Exterior Features: Dock, Out Building(s), Playground, Propane Tank - Leased
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage, Shared Driveway

Utilities

  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Park, Recreation Area

Schools

  • Elementary School: IR Mercer
  • High School: IR Mercer
  • Middle Or Junior School: IR Mercer

Lot Info

  • Lot Size Sq Ft: 108900.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 633.0
  • Tax Year: 2016

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2017 03/20/17 Sold $49,000 0.0% $144 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
12/14/2016 12/14/16 For Sale $49,000 -- $144 / 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 $659 $48,500 $35,000 $13,500
2023 $559 $48,500 $35,000 $13,500
2022 $588 $48,500 $35,000 $13,500
2021 $578 $48,500 $35,000 $13,500
2020 $583 $48,500 $35,000 $13,500
2019 $581 $48,500 $35,000 $13,500
2018 $575 $48,500 $35,000 $13,500
2017 $552 $48,500 $35,000 $13,500
2016 $633 $58,500 $45,000 $13,500
2015 $614 $58,500 $45,000 $13,500
2014 $614 $58,500 $45,000 $13,500
2013 $921 $75,500 $56,300 $19,200
Source: Public Records

Agents Affiliated with this Home

  • Kathy Tutt

    Seller's Agent in 2017

    Kathy Tutt

    RE/MAX

    (715) 776-3555

    198 Total Sales

    Kathy Tutt
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Map

Source: Greater Northwoods MLS

MLS Number: 162044

Greater Northwoods MLS

APN: 012-3997-0000

Wisconsin Iron County Mercer 54547

4522 Lake of the Falls Rd Unit 5, Mercer, WI

This home is located at 4522 Lake of the Falls Rd Unit 5, Mercer, WI 54547 since 11 December 2016 and is currently estimated at $136,603, approximately $401 per square foot. 4522 Lake of the Falls Rd Unit 5 is a home located in Iron County.

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.

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