NOT LISTED FOR SALE

5093 Grossman Ave Rhinelander, WI 54501

Estimated Value: $151,000 - $213,899

3 Beds
2 Baths
1,017 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $152,000 $149 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,133/month

41 Days on Market

Highlights

  • River Front
  • Shops
  • 2 Car Garage
  • Wood Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2022

Great river front lot, home with a nice floor plan and great bones, this fixer-upper is worth checking out. Beautiful maple floors, spacious kitchen, unfinished attic, and a functional walk-out basement are features of this 3 bedroom, 2 bath home just outside of the city of Rhinelander. Situated on a sunny level lot with the Pelican River lazing by, this one will be restored in no time. There are no current leaks despite the aged roof, and basement is dry. The basement is currently classified as unfinished, but was used as a rec room with the old bar still in place. Lower level has a full bath in need of updating. Drilled well is new and furnace a couple years old. Two stall attached garage, large private lot.

Last Agent to Sell the Property

Cecily Dawson

LAKELAND REALTY License #58805 - 90 Listed on: 10/13/2022

Co-Listed By

CHRIS BRUSO

LAKELAND REALTY License #96306 - 94

Last Buyer's Agent

Cecily Dawson

LAKELAND REALTY License #58805 - 90 Listed on: 10/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,367

Year Built

  • Built in 1962

Lot Details

  • 0.49 Acre Lot
  • River Front
  • Level Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,017 Sq Ft Home
  • 1.5-Story Property
  • Permanent Attic Stairs
  • Cooktop
  • Washer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Laundry in Basement

Schools

  • Rhinelander High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Electric Water Heater
  • Public Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 02401-1224-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,367

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Road Frontage Type: Town Road
  • Water Body Name: Pelican River
  • Co List Office Mls Id: 522
  • Co List Office Phone: (715) 358-5263
  • Ownership: Fee Simple
  • Directions: From Rhinelander: From Lincoln Street, turn south onto Shepard street. Follow until street becomes Grossman, home on right.
  • Above Grade Finished Sq Ft: 1425.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Electric Water Heater, Refrigerator, Some Commercial Grade
  • Has Basement: Exterior Entry, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Permanent Attic Stairs

Exterior Features

  • Lot Features: Level
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • High School: ON Rhinelander

Lot Info

  • Lot Size Sq Ft: 21551.0
  • Parcel #: 02401-1224-0000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1367.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Dec 1, 2022
Sold by
Ohm Sandra M
Bought by
Doemel Charles
Seller's Agent
Cecily Dawson
LAKELAND REALTY
Buyer's Agent
Cecily Dawson
LAKELAND REALTY
List Price
$174,900
Sold Price
$152,000
Premium/Discount to List
-$22,900
-13.09%
Views
135
Current Estimated Value
$189,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,725
Avg. Annual Appreciation
7.92%
Original Mortgage
$121,600
Outstanding Balance
$59,951
Interest Rate
6.95%
Mortgage Type
Balloon
Estimated Equity
$129,774
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
Doemel Charles $152,000 Northwoods Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doemel Charles $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Sold $152,000 -13.1% $149 / Sq Ft
10/13/2022 10/13/22 For Sale $174,900 -- $172 / 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 $1,679 $112,300 $25,600 $86,700
2023 $1,635 $112,300 $25,600 $86,700
2022 $1,237 $112,300 $25,600 $86,700
2021 $1,645 $112,300 $25,600 $86,700
2020 $1,370 $112,300 $25,600 $86,700
2019 $1,400 $112,300 $25,600 $86,700
2018 $1,244 $112,300 $25,600 $86,700
2017 $1,302 $112,300 $25,600 $86,700
2016 $1,338 $112,300 $25,600 $86,700
2015 $1,375 $112,300 $25,600 $86,700
2014 $1,375 $112,300 $25,600 $86,700
2011 $1,265 $112,300 $25,600 $86,700
Source: Public Records

Agents Affiliated with this Home

  • Cecily Dawson

    Seller's Agent in 2022

    Cecily Dawson

    LAKELAND REALTY

    (920) 366-0088

    370 Total Sales

    Cecily Dawson
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    CHRIS BRUSO

    LAKELAND REALTY

    (715) 401-9954

    15 Total Sales

    CHRIS BRUSO
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 199362

Greater Northwoods MLS

APN: PE 1224

Wisconsin Oneida County Rhinelander 54501

5093 Grossman Ave, Rhinelander, WI

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