NOT LISTED FOR SALE

48840 Old Grade Rd Cable, WI 54821

Estimated Value: $270,774 - $287,000

2 Beds
1 Bath
1,340 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 01, 2025

Last sale price $288,000 $215 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,566/month

5 Days on Market

Highlights

  • Panoramic View
  • Pond
  • Traditional Architecture
  • 20 Acre Lot
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of August 2025

This property offers approximately 1,340 square feet of living space with two bedrooms and one bathroom. The home sits on a sizable lot of approximately 20 acres, providing ample space and privacy. The property features several notable amenities, including a loft area that could be utilized as a flexible living or work space. Outdoor enthusiasts will appreciate the proximity to Atkins Lake, as well as access to ATV and snowmobile trails. Additionally, the property includes outbuildings, which can be useful for storage or other purposes. The home has undergone updates, enhancing its functionality and comfort. The location within walking distance to the beach allows for easy access to the waterfront and boat landing. This property presents an ideal living situation for those seeking a balance of indoor and outdoor experiences.

Last Agent to Sell the Property

Ean Barningham

Coldwell Banker Realty - Duluth Listed on: 06/23/2025

Last Buyer's Agent

ALEX DEMPSEY

eXp Realty, LLC- WI

eXp Realty, LLC- WI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $531

Year Built

  • Built in 2003

Lot Details

  • 20 Acre Lot
  • Irregular Lot
  • Unpaved Streets
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Loft
  • Storage Room
  • Utility Room
  • Panoramic Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Wheelchair Access
  • Stepless Entry

Outdoor Features

  • Pond
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Sewer Holding Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16341

Home Details

Home Type

Single Family

Est. Annual Taxes

$531

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From County Hwy D head East on Club Lake Rd, Property is at the end of Club Lake Rd on Old Grade Rd.
  • L O1 Office Phone1 Number: 218-728-5161
  • Road Maintenance: Public
  • ShorelineCharacteristics: Undeveloped
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Twp Number: 44N
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: No
  • Ada Features: Partially Wheelchair, No Stairs External
  • Reso Association Amenities: Vaulted Ceilings
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1340
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Wood, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Metal
  • TotalBedrooms: 2
  • Year Built: 2003
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator, Range/Stove
  • Basement Material: Poured Concrete
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Extra Rooms: Storage Room, Utility Room, Loft
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1340

Exterior Features

  • Out Buildings: Other Buildings
  • Road Frontage: Township, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Concrete, Off Street
  • Garage Features: Electrical Service, Slab

Utilities

  • Power Company: Bayfield Electric Co-Op
  • Sewer: Holding Tank
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Drummond Area (WI) #1491

Lot Info

  • Estimated Lot Dimensions: unusual
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Geo Subdivision: WI
  • Lot Description: Irregular Lot, Landscaped, Tree Coverage - Medium, Pond
  • Parcel Number: 16341

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 531.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Aug 4, 2023
Sold by
Wittig and Wittig Colleen M.
Bought by
Bull Gator Llc
Seller's Agent
Stacey McKinney
McKinney Realty LLC
Buyer's Agent
Stacey McKinney
McKinney Realty LLC
List Price
$299,000
Sold Price
$165,000
Premium/Discount to List
-$134,000
-44.82%
Current Estimated Value
$281,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,444
Avg. Annual Appreciation
25.63%
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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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
Bull Gator Llc $165,000 Gowey Abstract & Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2025 08/01/25 Sold $288,000 +3.2% $215 / Sq Ft
06/23/2025 06/23/25 For Sale $279,000 +69.1% $208 / Sq Ft
08/04/2023 08/04/23 Sold $165,000 -44.8% $123 / Sq Ft View Prior Sale
07/05/2023 07/05/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $299,000 -- $223 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $1,095 $99,400 $38,200 $61,200
2023 $848 $99,400 $38,200 $61,200
2022 $749 $99,400 $38,200 $61,200
2021 $779 $99,400 $38,200 $61,200
2020 $774 $99,400 $38,200 $61,200
2019 $833 $99,400 $38,200 $61,200
2018 $767 $99,400 $38,200 $61,200
2017 $817 $99,400 $38,200 $61,200
2016 $927 $99,400 $38,200 $61,200
2015 $978 $104,100 $42,900 $61,200
2013 $1,060 $104,100 $42,900 $61,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Ean Barningham

    Coldwell Banker Realty - Duluth

    (715) 779-5000

    44 Total Sales

    Ean Barningham
    Section Image
  • ALEX DEMPSEY

    Buyer's Agent in 2025

    ALEX DEMPSEY

    eXp Realty, LLC- WI

    (715) 681-2879

    81 Total Sales

    ALEX DEMPSEY
    Section Image
  • Stacey McKinney

    Seller's Agent in 2023

    Stacey McKinney

    McKinney Realty LLC

    (715) 798-3445

    133 Total Sales

    Stacey McKinney
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6120277

APN: 04-021-2-44-05-20-2-05-002-10000

Wisconsin Bayfield County Cable 54821

48840 Old Grade Rd, Cable, WI

Not Listed for Sale

Detached

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