NOT LISTED FOR SALE

5170 Wilmar Ln Rhinelander, WI 54501

Estimated Value: $202,178 - $367,000

0.69 Acre
$368,147 Price per Acre
30,000 Sq Ft Lot

Last Sold May 05, 2017

Last sale price $38,500

Est. 559% increase in value since last sale

Current estimated payment $1,468/month

58 Days on Market

Highlights

  • Lake Front
  • Recreation Facilities
  • Views
  • Private Lot

About This Lot

As of May 2017

Affordable waterfront opportunity on Hixon Lake, a scenic and secluded lake located just minutes from Rhinelander. This nicely wooded parcel offers town road access with a cleared and level building site overlooking the lake. A gradually sloped path leads from the building site to the lake. Hixon Lake is a 58 acre, clear water lake with a maximum depth of 28 ft. The property is zoned general use so you can camp and enjoy being on the lake until building your home or northwoods retreat. Listed well below assessed value!

Last Agent to Sell the Property

Todd Johnson

FIRST WEBER - RHINELANDER License #52863 - 90 Listed on: 03/01/2017

FIRST WEBER - RHINELANDER

Last Buyer's Agent

SHARON PAPAPETRU

PINE POINT REALTY

Property Details

Property Type

  • Land

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 100x300
  • Lake Front
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Zoning described as General Use

Schools

  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Sewer Not Available

Additional Features

  • Property Views

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number PE 1347

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Lakefront
  • Lot Size: 100x300
  • Road Frontage Type: Town Road
  • Water Body Name: HIXON
  • Ownership: Fee Simple
  • Directions: From Rhinelander: County Hwy G to right on Lassig Rd to right on Wilmar Ln to 5170 on right.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Buildable, Cleared, Easy Access, Lake Front, Level, Private, Secluded
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Shoreline - Silt, Lake Front
  • Waterfront: Yes

Utilities

  • Sewer: None
  • Utilities: Sewer Not Available

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area

Schools

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

Lot Info

  • Lot Size Sq Ft: 30000.0
  • Parcel #: PE 1347
  • Zoning Description: General Use

Tax Info

  • Tax Annual Amount: 1037.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 5, 2017
Sold by
Engel John P and Engel Amy J
Bought by
Bart John and Bart Susan
Seller's Agent
Todd Johnson
FIRST WEBER - RHINELANDER
Buyer's Agent
SHARON PAPAPETRU
PINE POINT REALTY
List Price
$44,500
Sold Price
$38,500
Premium/Discount to List
-$6,000
-13.48%
Current Estimated Value
$253,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,045
Avg. Annual Appreciation
24.89%
Original Mortgage
$30,800
Outstanding Balance
$16,106
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$237,439
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bart John $38,500 Northwoods Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bart John $30,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $38,500 -13.5% --
05/05/2017 05/05/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $44,500 -- --
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 $1,521 $101,700 $74,500 $27,200
2023 $1,481 $101,700 $74,500 $27,200
2022 $1,115 $101,700 $74,500 $27,200
2021 $1,128 $77,000 $74,500 $2,500
2020 $918 $77,000 $74,500 $2,500
2019 $977 $74,500 $74,500 $0
2018 $998 $74,500 $74,500 $0
2017 $1,002 $74,500 $74,500 $0
2016 $1,037 $74,500 $74,500 $0
2015 $1,040 $74,500 $74,500 $0
2014 $1,040 $74,500 $74,500 $0
2011 $934 $74,500 $74,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 163033

Greater Northwoods MLS

APN: PE 1347