NOT LISTED FOR SALE

5105 Dam Lake Rd Eagle River, WI 54521

Estimated Value: $576,991 - $806,000

3 Beds
2 Baths
1,575 Sq Ft
$416/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $374,000 $237 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,701/month

254 Days on Market

Highlights

  • Lake Front
  • Deck
  • Views
  • Docks
  • Private Lot
  • Open Patio

About This Home

As of February 2021

WOW - Location, Location, Location! South to Southwest facing lake home on Dam Lake that's part of the Sugar Camp Chain with 2,300 acres of water all navigable by boat. You'll love this charming, 2-story, 3BR/2BA/2 car garage lake home on over 1 acre at the end of the road for added privacy. 135ft of sandy lake frontage with new pier ready for you to park your boat or fish. Updated kitchen with new cabinets, breakfast bar, granite counter tops, and pantry with pull-out shelves. Enjoy your morning coffee on the front covered porch watching the wildlife walk through your front yard. Facing the lake are 2 swings and 2 firepits. Newer roof, furnace, patio with grill, and stairs to the lake, bathrooms, plus 200 amp service, car port and shed. Great lake for fishing, boating, and snowmobiling. Short distance from Eagle River, St. Germain and Rhinelander for shopping and entertainment.

Last Agent to Sell the Property

HEIDI GRETHER

SHOREWEST - RHINELANDER Listed on: 05/22/2020

Last Buyer's Agent

KERI KOFOID

SHOREWEST - MINOCQUA

SHOREWEST - MINOCQUA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,873

Lot Details

  • 1 Acre Lot
  • Lake Front
  • South Facing Home
  • Private Lot
  • Secluded Lot

Parking

  • 2 Car Garage
  • Carport
  • Driveway

Home Design

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

Interior Spaces

  • 1,575 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Crawl Space
  • Property Views

Kitchen

  • Gas Oven
  • Indoor Grill
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number SU 747

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,873

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Highway
  • Water Body Name: DAM
  • Ownership: Fee Simple
  • Directions: From Eagle River, West on 70 to South on O to Left on Dam Lake Rd to end of road. Property on right.
  • Above Grade Finished Sq Ft: 1575.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Humidifier, Indoor Grill, Microwave, Propane Water Heater, Water Softener, Washer
  • Has Basement: Crawl Space, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s), Pantry, Cable TV

Exterior Features

  • Lot Features: Lake Front, Private, Secluded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Exterior Features: Dock, Shed, Propane Tank - Owned
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Carport, Garage, Two Car Garage, Storage, Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: SU 747
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2873.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Feb 5, 2021
Sold by
Merwin Ralph A
Bought by
Castro Robert V and Castro Julianna M
Seller's Agent
HEIDI GRETHER
SHOREWEST - RHINELANDER
Buyer's Agent
KERI KOFOID
SHOREWEST - MINOCQUA
List Price
$399,000
Sold Price
$374,000
Premium/Discount to List
-$25,000
-6.27%
Current Estimated Value
$654,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,498
Avg. Annual Appreciation
11.92%
Original Mortgage
$299,200
Outstanding Balance
$267,137
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$387,361

Purchase Details

Closed on
Jun 3, 2016
Sold by
Ralph A Merwin And Jane L Merwin Revocable Tr
Bought by
Merwin Ralph A
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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Purchase History

Date Buyer Sale Price Title Company
Castro Robert V $374,000 None Available
Merwin Ralph A $128,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Robert V $299,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $374,000 -6.3% $237 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
05/26/2020 05/26/20 For Sale $399,000 -- $253 / 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 $3,756 $311,400 $183,200 $128,200
2023 $3,729 $311,400 $183,200 $128,200
2022 $2,998 $311,400 $183,200 $128,200
2021 $3,232 $311,400 $183,200 $128,200
2020 $2,849 $311,400 $183,200 $128,200
2019 $2,830 $311,400 $183,200 $128,200
2018 $2,797 $311,400 $183,200 $128,200
2017 $2,778 $311,400 $183,200 $128,200
2016 $2,891 $311,400 $183,200 $128,200
2015 $2,824 $311,400 $183,200 $128,200
2014 $2,824 $311,400 $183,200 $128,200
2011 $3,162 $311,400 $183,200 $128,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 184656

Greater Northwoods MLS

APN: SU 747 B