NOT LISTED FOR SALE

5148 Spider Lake Rd Rhinelander, WI 54501

Estimated Value: $242,978 - $386,000

2 Beds
1 Bath
700 Sq Ft
$444/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $156,800 $224 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,804/month

50 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wooded Lot
  • Docks
  • Private Lot
  • Ranch Style House

About This Home

As of August 2018

Here's a Northwoods gem on serene 23 acre Netties Lake with year around recreation outside your door! This newly updated 2 bed/1 bath home has an open concept kitchen, dining area and living room and is situated on 3.6 acres of mostly wooded land. Frontage down to the lake is gradual and the privacy is exemplified with over 50 acres of undeveloped land across the lake. Enjoy sitting on the pier's bench or sitting around the fire pit enjoying nature at its best. Not far from Rhinelander for shopping, recreation, medical facilities, parks and entertainment. A new septic system and furnace was installed in 2013 and more recent updates include beautiful hardwood flooring and trim, new doors, tongue & groove wood paneling and new faucets and light fixtures. There is added insulation in the basement which is plumbed for a bathroom and has a walk out to the lake as well as a side entry door. If private Northwoods living on acreage and water is your goal, call for a showing soon!

Last Agent to Sell the Property

Candy Krouze

KEY INSIGHT, LLC Listed on: 06/17/2018

Last Buyer's Agent

SHARON PAPAPETRU

PINE POINT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1978

Lot Details

  • 3.6 Acre Lot
  • Lake Front
  • Open Space
  • Rural Setting
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding
  • Composite Building Materials

Interior Spaces

  • 700 Sq Ft Home
  • Ceiling Fan
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Public Septic Tank

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number 02801-0235-0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,582

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: NETTIES
  • Ownership: Fee Simple
  • Directions: Rhinelander to N. Stevens to left on County W 1.5 mi to left on Pine Lake Road 3.6 mi to left on Spider Lk. Rd less than a mile to 5148 on right.
  • Above Grade Finished Sq Ft: 700.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Main Level Primary

Exterior Features

  • Lot Features: Lake Front, Level, Open Space, Private, Rural Lot, Secluded, Sloped, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Composite Siding, Frame
  • Exterior Features: Dock, Landscaping, Patio, Propane Tank - Leased
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Driven Well, Well

Condo/Co-op/Association

  • Community Features: Recreation Area

Schools

  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Current Use: Hunting
  • Lot Size Sq Ft: 156816.0
  • Parcel #: 02801-0235-0001
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1582.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2018
Closed on
Aug 9, 2018
Sold by
Bramm Kathleen and Pontbriand Kathleen
Bought by
Hansen Brian
Seller's Agent
Candy Krouze
KEY INSIGHT, LLC
Buyer's Agent
SHARON PAPAPETRU
PINE POINT REALTY
List Price
$160,000
Sold Price
$156,800
Premium/Discount to List
-$3,200
-2%
Current Estimated Value
$310,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,195
Avg. Annual Appreciation
9.95%
Original Mortgage
$125,440
Outstanding Balance
$93,156
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$217,839

Purchase Details

Listed on
Oct 20, 2013
Closed on
Dec 10, 2013
Sold by
Robert Robert
Bought by
Bramm Kathleen
Seller's Agent
Lisa Eggman
RE/MAX PROPERTY PROS
Buyer's Agent
Lisa Eggman
RE/MAX PROPERTY PROS
List Price
$85,500
Sold Price
$85,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$82,935
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2010
Sold by
Frausto-Majer Joan and Frausto Robert
Bought by
Frausto Robert
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
Hansen Brian $156,800 Northern Title
Bramm Kathleen $85,500 Northern Title
Frausto Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Brian $125,440
Previous Owner Bramm Kathleen $82,935
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2018 08/09/18 Sold $156,800 -2.0% $224 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
06/17/2018 06/17/18 For Sale $160,000 +87.1% $229 / Sq Ft
12/10/2013 12/10/13 Sold $85,500 0.0% $124 / Sq Ft View Prior Sale
12/06/2013 12/06/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $85,500 -- $124 / 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 $2,071 $122,400 $57,900 $64,500
2023 $1,996 $122,400 $57,900 $64,500
2022 $1,355 $122,400 $57,900 $64,500
2021 $2,070 $122,400 $57,900 $64,500
2020 $1,521 $122,400 $57,900 $64,500
2019 $1,513 $122,400 $57,900 $64,500
2018 $1,597 $122,400 $57,900 $64,500
2017 $1,582 $122,400 $57,900 $64,500
2016 $1,633 $122,400 $57,900 $64,500
2015 $1,568 $122,400 $57,900 $64,500
2014 $1,568 $122,400 $57,900 $64,500
2011 $1,654 $122,400 $57,900 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 172644

Greater Northwoods MLS

APN: 02801-0235-0001