NOT LISTED FOR SALE

4694 Old 8 Rd Rhinelander, WI 54501

Estimated Value: $281,000 - $435,000

3 Beds
1.5 Baths
2,880 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $225,000 $78 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,026/month

195 Days on Market

Highlights

  • Private Lot
  • Shops
  • Central Air
  • Radiant Floor
  • Landscaped
  • Hot Water Heating System

About This Home

As of March 2023

Motivated Seller!! Built in approximately 2004 for a commercial application, Seller has converted the building to residential and left a portion of the structure as commercial. This is an ideal situation to live and operate a home business. Should you need additional space to operate or expand your business an ARP would need to be applied for through Oneida County Zoning. The property currently features 3 bedrooms, 2 baths, one level living, a drilled well, expanded septic system, in-floor heating, a large paved driveway and parking area. This structure allows a flexible floor plan and so much more you need to see it for yourself. The 1.267-acre lot sits on a corner with good exposure and is located just outside the city limits in a country setting. Call today for a personal showing of this outstanding multiple use property.

Last Agent to Sell the Property

Scott Freimuth

NORWISREALTY.COM LLC License #49270 - 90 Listed on: 09/05/2022

Last Buyer's Agent

Scott Freimuth

NORWISREALTY.COM LLC License #49270 - 90 Listed on: 09/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,385

Lot Details

  • 1.27 Acre Lot
  • Rural Setting
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Zoning described as General Use

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Radiant Floor
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Pelican Elementary School
  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Drilled Well
  • Gas Water Heater
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 02401-0103-0000

Community Details

Amenities

  • Shops

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,385

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Directions: From the intersection of Lincoln St, County Hwy P and Hwy 17 Bypass in Rhinelander go East on County Hwy P appx .4 miles to a right on S Faust Lake Rd, appx .9 miles to intersection of Old 8 Rd and property on right.
  • Above Grade Finished Sq Ft: 2880.0
  • Architectural Style: One Story
  • Garage Yn: No
  • 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: Dryer, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Mixed, Vinyl

Exterior Features

  • Lot Features: Level, Private, Rural Lot, Secluded
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Landscaping, Paved Driveway
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage, Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas, Radiant Floor
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping, Trails/Paths

Schools

  • Elementary School: ON Pelican
  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Lot Size Sq Ft: 55191.0
  • Parcel #: 02401-0103-0000
  • Zoning Description: General Use

Tax Info

  • Tax Annual Amount: 1385.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Mar 24, 2023
Sold by
Buehler Sarah Jayne
Bought by
Scholtes Nick and Scholtes Shirley L
Seller's Agent
Scott Freimuth
NORWISREALTY.COM LLC
Buyer's Agent
Scott Freimuth
NORWISREALTY.COM LLC
List Price
$329,900
Sold Price
$225,000
Premium/Discount to List
-$104,900
-31.8%
Views
570
Current Estimated Value
$341,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,119
Avg. Annual Appreciation
17.43%
Original Mortgage
$180,000
Outstanding Balance
$167,584
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$173,535

Purchase Details

Closed on
Sep 14, 2017
Sold by
1 Prospect Technologies Llc
Bought by
Buehler Sarah Jayne

Purchase Details

Closed on
Jan 5, 2017
Sold by
Fredrickson Carole I
Bought by
Fredrickson Robert O

Purchase Details

Closed on
Jan 14, 2010
Sold by
Northwoods National Bank A Branch Of The
Bought by
1 Prospect Technologies Llc
Source: Public Records

Range of Values:

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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
Scholtes Nick $225,000 Oneida Title
Buehler Sarah Jayne $129,000 Northern Title
Fredrickson Robert O $141,300 --
1 Prospect Technologies Llc -- Northern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholtes Nick $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $225,000 -10.0% $78 / Sq Ft
12/26/2022 12/26/22 Price Changed $250,000 -9.1% $87 / Sq Ft
10/31/2022 10/31/22 Price Changed $275,000 -8.3% $95 / Sq Ft
10/03/2022 10/03/22 Price Changed $299,900 -9.1% $104 / Sq Ft
09/06/2022 09/06/22 For Sale $329,900 -- $115 / 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 $2,841 $190,000 $19,800 $170,200
2023 $2,766 $190,000 $19,800 $170,200
2022 $1,385 $142,900 $19,800 $123,100
2021 $2,094 $142,900 $19,800 $123,100
2020 $1,592 $142,900 $19,800 $123,100
2019 $1,601 $142,900 $19,800 $123,100
2018 $1,654 $142,900 $19,800 $123,100
2017 $1,937 $149,700 $19,800 $129,900
2016 $2,006 $149,700 $19,800 $129,900
2015 $2,018 $149,700 $19,800 $129,900
2014 $2,018 $149,700 $19,800 $129,900
2011 $1,988 $163,400 $19,800 $143,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 198848

Greater Northwoods MLS

APN: 02401-0103-0000