NOT LISTED FOR SALE

4973 Willow Dam Rd Hazelhurst, WI 54531

Estimated Value: $537,000 - $629,577

4 Beds
2 Baths
2,850 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $550,000 $193 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,555/month

231 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Forced Air Heating System
  • Docks
  • Open Space
  • South Facing Home

About This Home

As of October 2024

This iconic 4 BR, 2 BA log home has space for large groups/retreats, great for 2 families, zoned rec. w/Tourist Rooming Permit for daily/weekly rentals. Main floor has office/den, full bath, spacious living, kitchen, dining. Upper level with bedrooms, bath, and den. Unfinished basement for storage. Seller makes no representation as to condition of 2 small cabins, may be teardowns, fixer uppers for sure and could possibly provide expansion possibilities. Large lakeside porch, landscaped yard, level to pier and lake. All furniture and furnishings included. WI Valley Improvement owns shoreline, see Documents for Land Use Agreement and maps. The Willow Reservoir is a 4200+ acre lake with limited development, 73 mi. of shoreline (95% unspoiled), over 100 islands, is loaded with fish, and several boat landings. This region is a true Sportsmen’s Paradise surrounded by State Land, hunting, snowmobile, ATV trails and some of the best year ‘round fishing in Wisconsin! A very rare opportunity!

Last Agent to Sell the Property

Patty Libke

SHOREWEST - MINOCQUA License #59993 - 94 Listed on: 03/08/2024

SHOREWEST - MINOCQUA

Last Buyer's Agent

Ron Garrison

NORTHWOODS COMMUNITY REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,690

Lot Details

  • 1.18 Acre Lot
  • Lake Front
  • Open Space
  • South Facing Home
  • Level Lot
  • Wooded Lot
  • Zoning described as Recreational

Home Design

  • Block Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,850 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Stone Fireplace
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Docks

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Propane Water Heater
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 725-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,690

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: WILLOW FLOWAGE
  • Ownership: Fee Simple
  • Directions: Hwy 51 S to right on CTH Y, 7 miles, continue onto Willow Dam Rd for 3.1 mile to #4973 corner of Shirley Glen & Willow Dam Rd at Sign "Bassett Point".
  • Above Grade Finished Sq Ft: 2850.0
  • Architectural Style: Ranch, 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

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Electric Oven, Electric Range, Microwave, Propane Water Heater, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Free Standing, Stone
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Lot Features: Lake Front, Level, Open Space, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Log Siding
  • Direction Faces: South
  • Exterior Features: Dock, Propane Tank - Owned
  • Foundation Details: Block
  • Roof: Metal

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 51401.0
  • Parcel #: 725-2
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 4690.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Oct 23, 2024
Sold by
Bassett Point Llc
Bought by
Dietrich William R and Dietrich Jaime C
Seller's Agent
Patty Libke
SHOREWEST - MINOCQUA
Buyer's Agent
Ron Garrison
NORTHWOODS COMMUNITY REALTY, LLC
List Price
$675,000
Sold Price
$550,000
Premium/Discount to List
-$125,000
-18.52%
Views
239
Current Estimated Value
$604,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,906
Avg. Annual Appreciation
5.88%
Original Mortgage
$715,000
Outstanding Balance
$707,694
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$118,300

Purchase Details

Closed on
Dec 29, 2021
Sold by
Lowry Ben T and Estate Of Mindy Diane Clark
Bought by
Bassett Point Llc

Purchase Details

Closed on
May 18, 2018
Sold by
Tiffany Thomas P and Sully Christine M
Bought by
Clark Mindy Diane
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Dietrich William R $550,000 Northwoods Title
Bassett Point Llc $450,000 None Available
Clark Mindy Diane $385,000 Northern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dietrich William R $715,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $550,000 -12.0% $193 / Sq Ft
05/31/2024 05/31/24 Price Changed $625,000 -7.4% $219 / Sq Ft
03/11/2024 03/11/24 For Sale $675,000 -- $237 / 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 $5,074 $354,200 $168,100 $186,100
2023 $5,405 $354,200 $168,100 $186,100
2022 $4,930 $354,200 $168,100 $186,100
2021 $4,819 $354,200 $168,100 $186,100
2020 $4,591 $354,200 $168,100 $186,100
2019 $4,530 $354,200 $168,100 $186,100
2018 $4,531 $354,200 $168,100 $186,100
2017 $4,610 $354,200 $168,100 $186,100
2016 $4,233 $354,200 $168,100 $186,100
2015 $4,466 $394,100 $180,000 $214,100
2014 $4,466 $394,100 $180,000 $214,100
2011 $4,550 $394,100 $180,000 $214,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 205840

Greater Northwoods MLS

APN: LR 725 2