NOT LISTED FOR SALE

502 Lake Ave E Ladysmith, WI 54848

Estimated Value: $117,000 - $160,122

4 Beds
2 Baths
1,822 Sq Ft
$73/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $65,000 $36 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $851/month

248 Days on Market

Highlights

  • No HOA
  • Shed
  • Forced Air Heating System
  • 1 Car Attached Garage

About This Home

As of May 2020

This charming older home is your chance to own a part of history. Built in 1905 this home features main floor laundry and an attached garage. The backyard is fenced in and offers a garden shed. Real hardwood floors in areas of the home. Two full baths and 4 bedrooms. Priced to sell this one has great potential. Roof was completed 2 years ago and some windows have already been updated.

Last Agent to Sell the Property

Clint Page

CB Northern Escape/Ladysmith License #59317-94 Listed on: 08/10/2019

Last Buyer's Agent

Clint Page

CB Northern Escape/Ladysmith License #59317-94 Listed on: 08/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1905

Lot Details

  • 8,712

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,822 Sq Ft Home
  • 2-Story Property
  • Partial Basement
  • Laundry on main level

Kitchen

  • Oven
  • Range with Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Shed
  • 8,712 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Sellers Personal
  • Assessor Parcel Number 246-02193-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Directions: On HWY 8 from the 4 corners in Ladysmith follow to Lake Ave E. house will be on the right hand side. Corner lot. Signs on property
  • Lot Size: 0 x 0 x
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1905
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 0.2
  • Co List Office Phone: 715-532-7300
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1822.0
  • Architectural Style: Two Story
  • Reso Fireplace Features: None
  • Garage Spaces: 1.0
  • Unit Levels: Two
  • Living Area: 1822.0
  • Reso Window Features: Window Coverings
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 340.0
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Range Hood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Stories: 2

Exterior Features

  • Exterior Features: Fence
  • Fencing: Yard Fenced
  • Foundation Details: Block
  • Waterfront: No
  • Exclusions: Sellers Personal
  • Construction Type: Vinyl Siding
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ladysmith

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 246-02193-0000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1202.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2019
Closed on
May 15, 2020
Sold by
Erickson Dennis W and Gwen E Steele Estate
Bought by
Boettcher William J and Boettcher Victoria L
Seller's Agent
Clint Page
CB Northern Escape/Ladysmith
Buyer's Agent
Clint Page
CB Northern Escape/Ladysmith
List Price
$72,000
Sold Price
$65,000
Premium/Discount to List
-$7,000
-9.72%
Current Estimated Value
$133,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,281
Avg. Annual Appreciation
14.60%
Original Mortgage
$52,000
Outstanding Balance
$46,580
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$86,701
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
Boettcher William J $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boettcher William J $52,000
Previous Owner Steele Gwen E $23,621
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $65,000 -9.7% $36 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
08/10/2019 08/10/19 For Sale $72,000 -- $40 / Sq Ft
Source: Northwestern 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 $1,487 $53,500 $6,600 $46,900
2023 $1,335 $53,500 $6,600 $46,900
2022 $1,372 $53,500 $6,600 $46,900
2021 $1,423 $53,500 $6,600 $46,900
2020 $1,437 $53,500 $6,600 $46,900
2019 $1,201 $53,500 $6,600 $46,900
2018 $1,104 $53,500 $6,600 $46,900
2017 $2,011 $96,600 $7,600 $89,000
2016 $1,925 $96,600 $7,600 $89,000
2015 $2,489 $96,600 $7,600 $89,000
2014 $2,024 $96,600 $7,600 $89,000
2013 $1,877 $96,600 $7,600 $89,000
Source: Public Records

Agents Affiliated with this Home

  • Clint Page

    Seller's Agent in 2020

    Clint Page

    CB Northern Escape/Ladysmith

    (715) 532-7300

    37 in this area

    149 Total Sales

    Clint Page
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1534559

Northwestern Wisconsin Multiple Listing Service

APN: 246-02193-0000

Wisconsin Rusk County Ladysmith 54848

502 Lake Ave E, Ladysmith, WI

This home is located at 502 Lake Ave E, Ladysmith, WI 54848 since 10 August 2019 and is currently estimated at $133,281, approximately $73 per square foot. This property was built in 1905. 502 Lake Ave E is a home located in Rusk County with nearby schools including Ladysmith Elementary School, Ladysmith Middle School, and Ladysmith High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwestern Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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