NOT LISTED FOR SALE

45725 Krafts Point Rd Cable, WI 54821

Estimated Value: $253,000 - $649,756

2 Beds
1 Bath
432 Sq Ft
$1,256/Sq Ft Est. Value

Last Sold June 16, 2021

Last sale price $375,000 $868 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,257/month

4 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Baseboard Heating
  • Deck
  • No HOA
  • Space Heater

About This Home

As of June 2021

This classic cottage is situated along the shores of Lake Owen. What a wonderful place to escape the city and explore nature. The simple two-bedroom cabin features the honey tones of wood floors and knotty pine walls. Beautiful lakeshore views are to be had from the living room or deck. A meandering path leads to the natural frontage which offers good fishing. A quick paddle or boat ride will take you to deeper water for excellent swimming and adventures on this crystal clear body of water.

Last Agent to Sell the Property

Scott McKinney

McKinney Realty LLC License #46244-94 Listed on: 05/12/2021

Last Buyer's Agent

Scott McKinney

McKinney Realty LLC License #46244-94 Listed on: 05/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,048

Year Built

  • Built in 1940

Lot Details

  • 1.15 Acre Lot
  • Lake Front
  • Zoning described as Residential,Shoreline

Home Design

  • Stone Foundation
  • Log Siding

Interior Spaces

  • 432 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Lake Views
  • Crawl Space

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Space Heater
  • Baseboard Heating
  • Drilled Well
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Sellers Personal
  • Assessor Parcel Number 10219

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,048

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From Cable, County Highway M east to left onto Trail Inn Road, continue onto Krafts Point Road, to fire sign.
  • Lot Size: 0 x 0 x
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1940
  • Lot Size Acres: 1.15
  • View Type:Pond View: Lake
  • Water Body Name: Owen
  • Co List Office Phone: 715-798-3445
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 432.0
  • Architectural Style: One Story
  • Reso Fireplace Features: One, Wood Burning, Wood BurningStove
  • Unit Levels: One
  • Living Area: 432.0
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Stories: 1

Exterior Features

  • Foundation Details: Stone
  • Waterfront: Yes
  • View: Yes
  • Waterfront Features: Lake
  • Exclusions: Sellers Personal
  • Construction Type: Log
  • Other Structures: Other, See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, No Garage, Other, See Remarks

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Baseboard, Other, Space Heater, See Remarks
  • Sewer: Septic Tank
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Drummond

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 10219
  • Zoning Description: Residential,Shoreline
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4048.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Wildermuth Amy Joelle
Bought by
Amy J. Wildermuth and Amy Guenevere J.
Current Estimated Value
$542,689

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 16, 2021
Sold by
Alfred Sedgwick Revocable Trust Dated January
Bought by
Wildermuth Amy Joelle
Seller's Agent
Scott McKinney
McKinney Realty LLC
Buyer's Agent
Scott McKinney
McKinney Realty LLC
List Price
$370,000
Sold Price
$375,000
Premium/Discount to List
$5,000
1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Interest Rate
2.93%

Purchase Details

Closed on
Oct 5, 2020
Sold by
Sedgwick Alfred
Bought by
Alfred Sedgwick Revocable Trust Dated January

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.88%
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
Amy J. Wildermuth $361,400 Spears, Carlson, And Coleman
Wildermuth Amy Joelle $375,000 --
Wildermuth Amy Joelle $375,000 --
Alfred Sedgwick Revocable Trust Dated January $361,400 --
Alfred Sedgwick Revocable Trust Dated January $361,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wildermuth Amy Joelle --
Previous Owner Alfred Sedgwick Revocable Trust Dated January --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $375,000 +1.4% $868 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $370,000 -- $856 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

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 $5,367 $361,400 $338,800 $22,600
2023 $4,461 $361,400 $338,800 $22,600
2022 $4,586 $361,400 $338,800 $22,600
2021 $4,305 $361,400 $338,800 $22,600
2020 $4,048 $361,400 $338,800 $22,600
2019 $4,129 $333,800 $315,600 $18,200
2018 $3,829 $333,800 $315,600 $18,200
2017 $3,879 $333,800 $315,600 $18,200
2016 $3,886 $333,800 $315,600 $18,200
2015 $3,925 $333,800 $315,600 $18,200
2013 $4,246 $333,800 $315,600 $18,200
Source: Public Records

Agents Affiliated with this Home

  • Scott McKinney

    Seller's Agent in 2021

    Scott McKinney

    McKinney Realty LLC

    (715) 580-0093

    141 Total Sales

    Scott McKinney
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1553455

Northwestern Wisconsin Multiple Listing Service

APN: 04-012-2-43-07-04-2-00-179-10000

Wisconsin Bayfield County Cable 54821

45725 Krafts Point Rd, Cable, WI

Not Listed for Sale

Detached

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