NOT LISTED FOR SALE

501 Lake Wisconsin Dr Merrimac, WI 53561

Estimated Value: $829,000 - $953,831

3 Beds
3 Baths
2,364 Sq Ft
$385/Sq Ft Est. Value

Last Sold April 28, 2014

Last sale price $425,000 $180 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,720/month

Highlights

  • 100 Feet of Waterfront
  • Open Floorplan
  • Multiple Fireplaces
  • Spa
  • Deck
  • Recreation Room

About This Home

As of April 2014

Ever dreamed of living on Lake Wisconsin? Here's one of those rare opportunities. You'll be hard pressed to find better views. This 3-4 bedroom ranch home is situated at the end of a cul-du-sac. Fireplaces on both the main and lower levels allows for intimate winter evenings but it's the other seasons that will be unbeatable. Includes 100' of frontage plus a boathouse. The house needs some cosmetic updating but you won't want to alter the views one bit. Priced below assessed value. This one won't last.

Last Agent to Sell the Property

Kendall Cady

First Weber Inc License #18168-90 Listed on: 01/24/2014

First Weber Inc

Co-Listed By

Dale Loomis

First Weber Inc License #56485-90

Last Buyer's Agent

Kendall Cady

First Weber Inc License #18168-90 Listed on: 01/24/2014

First Weber Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,944

Year Built

  • Built in 1977

Lot Details

  • 6,970 Sq Ft Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Cul-De-Sac

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Recreation Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Doors

Outdoor Features

  • Spa
  • Waterski or Wakeboard
  • Deck
  • Patio

Schools

  • Call School District Elementary School
  • Sauk Prairie Middle School
  • Sauk Prairie High School

Utilities

  • Forced Air Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • 1St Addition Ferry Point Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,944

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Municipality: Merrimac
  • Status Detail: Sold
  • Mailing City: Merrimac
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 story
  • Architecture: Ranch
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath, Level drive, Width of hallways 36"+, Door openings 29+
  • Items Included: Some Window Coverings
  • Year Built: 1977
  • Above Grade Price Per Sq Ft: 351.78
  • Above Grade Sold Price Per Sq Ft: 314.81
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1350
  • Finished Non Exp Sq Ft: 1014
  • Finished Sq Ft: 2364
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Total Full Bathrooms: 3
  • Master Bedroom: Dimensions: 14x18, On Level: M
  • Bedroom 2: Dimensions: 12x14, On Level: M
  • Bedroom 3: Dimensions: 13x15, On Level: L
  • Kitchen: Dimensions: 10x20, On Level: M
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Living Room: Dimensions: 18x20, On Level: M
  • Dining Room: Dimensions: 10x10, On Level: M
  • Other Rooms: Rec Room
  • Other Room 1: Other, Dimensions: 13x15, On Level: L
  • Other Room 3: Rec Room, Dimensions: 24x26, On Level: L
  • Laundry: Dimensions: 5x13, On Level: L
  • Basement: Full, Walkout to yard, Finished
  • Fireplace: Wood, 2 fireplaces
  • Interior Amenities: Walk-in closet(s), Washer, Dryer, Water softener inc, Wet bar, Cable available, At Least 1 tub, Hot tub
  • Primary Bedroom Bathrooms: Full

Exterior Features

  • Waterfront: Has actual water frontage, Lake, Water ski lake
  • Waterfront: Yes
  • Lake/River: Lake Wisconsin
  • Waterfrontage: 100
  • Exterior: Wood
  • Exterior Features: Deck, Patio

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Attached
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • School District: Sauk Prairie
  • Elementary School: Call School District
  • Middle School: Sauk Prairie
  • High School: Sauk Prairie
  • Elementary School: Call School District
  • High School: Sauk Prairie
  • Middle School: Sauk Prairie
  • School District: Sauk Prairie

Lot Info

  • Assessor Parcel Number: 151-0068-00000
  • Estimated Aces: 0.16
  • Lot Description: Cul-de-sac
  • Zoning: Res

Tax Info

  • Land Assessment: 328600
  • Improvements: 171300
  • Total Assessment: 499900
  • Assessment year: 2013
  • Net Taxes: 8944
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2014
Closed on
Apr 28, 2014
Sold by
Strang Phyllis M
Bought by
Pfaff Robert D and Pfaff Debra J
Seller's Agent
Kendall Cady
First Weber Inc
Buyer's Agent
Kendall Cady
First Weber Inc
List Price
$474,900
Sold Price
$425,000
Premium/Discount to List
-$49,900
-10.51%
Current Estimated Value
$909,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,277
Avg. Annual Appreciation
6.69%
Original Mortgage
$300,000
Outstanding Balance
$226,994
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$661,097
Source: Public Records

Range of Values:

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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
Pfaff Robert D $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfaff Robert D $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2014 04/28/14 Sold $425,000 -10.5% $180 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $474,900 -- $201 / Sq Ft
Source: South Central 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 $9,648 $511,900 $328,400 $183,500
2023 $9,685 $511,900 $328,400 $183,500
2022 $10,423 $511,900 $328,400 $183,500
2021 $9,843 $511,900 $328,400 $183,500
2020 $9,352 $511,900 $328,400 $183,500
2019 $8,422 $511,900 $328,400 $183,500
2018 $8,571 $511,900 $328,400 $183,500
2017 $8,421 $511,900 $328,400 $183,500
2016 $8,863 $489,600 $328,600 $161,000
2015 $8,692 $471,700 $328,600 $143,100
2014 $8,733 $499,900 $328,600 $171,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1705148

South Central Wisconsin Multiple Listing Service

APN: 151-0068-00000