NOT LISTED FOR SALE

4723 Loggers Run Rd N Eagle River, WI 54521

Estimated Value: $481,400

9 Beds
7 Baths
5,262 Sq Ft
$91/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $450,000 $86 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,778/month

53 Days on Market

Highlights

  • 101,930 Sq Ft lot
  • Wooded Lot
  • Shops
  • Private Lot
  • 3 Car Detached Garage
  • Landscaped

About This Home

As of June 2024

LOGGERS RUN RD. INVESTMENT OPPORTUNITY! This well maintained and profitable 4-plex located just outside of Eagle River may be just what you are looking for. For many years this property has boasted a solid rental history, and has (1)3 bed/2 bath unit,(2)2 bed/1.5 bath units and (1)2 bed/1 bath unit. Unit 1 also has extra finished space in the lower level with a family room and has forced air/central air. The rest of the building is heated by hydronic baseboard heat. There is currently a 3 car detached garage, but there is plenty of space on this 2.3+ acre property to build another garage/storage building(s). Nice playground equipment and lots of level, open space surrounded by woods. Natural gas, maintenance free siding, and room to grow, come and see if this investment opportunity may be a fit for your portfolio!

Last Agent to Sell the Property

Jeremy Oberlander

REDMAN REALTY GROUP, LLC Listed on: 04/01/2024

Last Buyer's Agent

Bob Merz

RE/MAX PROPERTY PROS License #56837 - 94

RE/MAX PROPERTY PROS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1996

Lot Details

  • 2.34 Acre Lot
  • Rural Setting
  • Stone Retaining Walls
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Quadruplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Playground

Schools

  • Northland Pines-Er Elementary School
  • Northland Pines Middle School
  • Northland Pines High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Drilled Well
  • Gas Water Heater
  • Public Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 14-776-68

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,094

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Directions: From Eagle River, take Hwy 45 N to Left on Loggers Run Rd. Veer left at Y and follow to Fire #4723
  • Above Grade Finished Sq Ft: 4560.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1996
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Below Grade Sq Ft: 702.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Level, Private, Rural Lot, Secluded, Wooded, Retaining Wall
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Landscaping, Playground
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage, Driveway

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Hot Water, Natural Gas, Radiant
  • 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

Schools

  • Elementary School: VI Northland Pines-ER
  • High School: VI Northland Pines
  • Middle Or Junior School: VI Northland Pines

Lot Info

  • Lot Size Sq Ft: 101930.0
  • Parcel #: 14-776-68
  • Zoning Description: All Purpose

Tax Info

  • Tax Annual Amount: 3094.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 18, 2021
Sold by
Warner Ty Patrick and Lawrence Kaci Jo
Bought by
Chain Of Lakes Rental Llc
Seller's Agent
Julie Winter-Paez
RE/MAX PROPERTY PROS
Buyer's Agent
Jeremy Oberlander
REDMAN REALTY GROUP, LLC
List Price
$375,000
Sold Price
$362,000
Premium/Discount to List
-$13,000
-3.47%
Current Estimated Value
$481,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,400
Avg. Annual Appreciation
6.79%
Original Mortgage
$377,000
Outstanding Balance
$341,327
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$140,073

Purchase Details

Closed on
Feb 22, 2012
Sold by
Warner Ty Patrick and Warner Ty P
Bought by
Warner Ty Patrick and Lawrence Kaci Jo

Purchase Details

Closed on
Feb 4, 2011
Sold by
River Valley Bank
Bought by
Warner Ty P and Warner Ty Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,816
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2010
Sold by
Deer Haven Apartments Llc
Bought by
River Valley Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chain Of Lakes Rental Llc $377,000 None Available
Warner Ty Patrick -- Northwoods Title & Closing S
Warner Ty P $186,800 Northwoods Title & Closing S
River Valley Bank $353,426 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chain Of Lakes Rental Llc $377,000
Previous Owner Warner Ty P $190,816
Closed River Valley Bank $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2024 06/21/24 Sold $450,000 -5.3% $86 / Sq Ft
05/13/2024 05/13/24 Price Changed $475,000 -5.0% $90 / Sq Ft
04/19/2024 04/19/24 Price Changed $499,900 -3.6% $95 / Sq Ft
04/01/2024 04/01/24 For Sale $518,500 +43.2% $99 / Sq Ft
06/18/2021 06/18/21 Sold $362,000 0.0% $73 / Sq Ft View Prior Sale
06/18/2021 06/18/21 Sold $362,000 -3.5% $73 / Sq Ft View Prior Sale
06/18/2021 06/18/21 Pending -- -- --
06/18/2021 06/18/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $375,000 +7.4% $76 / Sq Ft
07/02/2020 07/02/20 For Sale $349,000 -- $71 / 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 $2,812 $506,200 $133,500 $372,700
2023 $3,094 $506,200 $133,500 $372,700
2022 $2,135 $235,300 $35,100 $200,200
2021 $2,070 $235,300 $35,100 $200,200
2020 $2,079 $235,300 $35,100 $200,200
2019 $2,092 $235,300 $35,100 $200,200
2018 $2,012 $235,300 $35,100 $200,200
2017 $1,971 $235,300 $35,100 $200,200
2016 $2,021 $235,300 $35,100 $200,200
2015 $1,967 $235,300 $35,100 $200,200
2014 $1,919 $235,300 $35,100 $200,200
2013 $1,861 $225,900 $35,100 $190,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 206058

Greater Northwoods MLS

APN: 14-776-68