NOT LISTED FOR SALE

501 N Main St Eagle River, WI 54521

Estimated Value: $189,000 - $323,000

2 Beds
1 Bath
888 Sq Ft
$281/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $150,000 $169 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,444/month

29 Days on Market

Highlights

  • Water Views
  • 2 Car Detached Garage
  • Shops
  • Deck
  • Open Patio
  • Forced Air Heating System

About This Home

As of January 2024

Adorable! Cute! Charming! These are some of the words that come to mind when you see this delightful two bedroom, one bath home in the City of Eagle River. Sure, it's an older home, but it has several recent updates, including a new roof in 2020, carpet throughout, and the full bathroom's shower insert. Open concept kitchen and living room with several large windows allowing plenty of natural light to flood the home. The large two car detached garage and large level yard give this city home plenty of green space. The Eagle River water views don't hurt either. Perhaps you are looking for your first home, looking to downsize, or simply looking for a great investment opportunity - THIS is your chance!

Last Agent to Sell the Property

Julie Winter-Paez

RE/MAX PROPERTY PROS License #56796 - 90 Listed on: 11/15/2023

RE/MAX PROPERTY PROS

Last Buyer's Agent

Jodi Gruhn

SHOREWEST - EAGLE RIVER License #98623 - 94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1920

Lot Details

  • 0.4 Acre Lot
  • Street terminates at a dead end
  • West Facing Home
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

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

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Open Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Community Details

  • Tamblings 2Nd Add Subdivision
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 221-943

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: Tamblings 2nd Add
  • Directions: Take Pine St/Hwy 70 east to Left on S Railroad St to Right on E Spruce St to Left on Birch St to straight on Main St to home and sign on Right.
  • Above Grade Finished Sq Ft: 888.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Crawl Space, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Pull Down Attic Stairs

Exterior Features

  • Lot Features: Dead End, Level, Views
  • View: Water
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: West
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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: 17424.0
  • Parcel #: 221-943
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1186.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 12, 2024
Sold by
Ullsperger Daniel G
Bought by
Gruhn Theodore L and Gruhn Jodi A.
Seller's Agent
Julie Winter-Paez
RE/MAX PROPERTY PROS
Buyer's Agent
Jodi Gruhn
SHOREWEST - EAGLE RIVER
List Price
$169,500
Sold Price
$150,000
Premium/Discount to List
-$19,500
-11.5%
Views
219
Current Estimated Value
$249,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,831
Avg. Annual Appreciation
29.90%

Purchase Details

Listed on
Oct 11, 2017
Closed on
Dec 8, 2017
Sold by
Quim Kevin P
Bought by
Ullsperger Daniel G
Seller's Agent
Julie Winter-Paez
RE/MAX PROPERTY PROS
Buyer's Agent
Julie Winter-Paez
RE/MAX PROPERTY PROS
List Price
$65,000
Sold Price
$61,000
Premium/Discount to List
-$4,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Original Mortgage
$48,600
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2010
Sold by
Lee Ronald D and Lee Lori A
Bought by
Lyle Tom A and Lyle Margie L

Purchase Details

Closed on
Jun 8, 2007
Sold by
Waldmann Alan and Waldmann Sondra
Bought by
Lee Ronald D E Lori A

Purchase Details

Closed on
Jun 15, 2006
Sold by
Ira Dennis L Koepsell Directed
Bought by
Quinn Kevin P
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
Gruhn Theodore L $150,000 Vilas Title Service, Inc.
Ullsperger Daniel G $61,000 Vilas Title Service Inc
Lyle Tom A $25,000 --
Lee Ronald D E Lori A $26,000 --
Quinn Kevin P $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ullsperger Daniel G $48,600
Closed Lee Ronald D E Lori A $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $150,000 -6.0% $169 / Sq Ft
12/07/2023 12/07/23 Price Changed $159,500 -5.9% $180 / Sq Ft
11/16/2023 11/16/23 For Sale $169,500 +177.9% $191 / Sq Ft
12/15/2017 12/15/17 Sold $61,000 -6.2% $66 / Sq Ft View Prior Sale
12/15/2017 12/15/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $65,000 -- $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 $1,619 $142,000 $36,000 $106,000
2023 $1,226 $64,100 $23,900 $40,200
2022 $1,186 $64,100 $23,900 $40,200
2021 $1,195 $64,100 $23,900 $40,200
2020 $1,213 $64,100 $23,900 $40,200
2019 $1,168 $64,100 $23,900 $40,200
2018 $1,151 $64,100 $23,900 $40,200
2017 $1,156 $64,100 $23,900 $40,200
2016 $1,103 $64,100 $23,900 $40,200
2015 $1,270 $74,000 $24,000 $50,000
2014 $1,825 $74,000 $24,000 $50,000
2013 $1,918 $74,000 $24,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 204695

Greater Northwoods MLS

APN: 221-943