NOT LISTED FOR SALE

5250 State Highway 70 W Unit C11 Eagle River, WI 54521

Estimated Value: $318,000 - $390,982

2 Beds
2 Baths
1,224 Sq Ft
1.94 Acres

Last Sold July 31, 2020

Last sale price $160,000 $131 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,021/month

119 Days on Market

Highlights

  • Lake Front
  • 84,506 Sq Ft lot
  • Open Patio
  • Boat Slip
  • Deck
  • Shops

About This Home

As of July 2020

Check out this view from Eagle Point Condominiums! Two bedrooms and two FULL baths perched over Watersmeet Lake in Eagle River offer the serenity of the Northwoods with a convenient location. This unit boasts over 1200 square feet, has an open kitchen concept, air conditioning, and cable included. Seller is super sizing this deal by adding all furnishing and a garage unit. Unlike many converted cabins, these condos are great for year round living or the weekend warrior from down south. Additional features include large walk-in closets, a gas fireplace, dock slip (with lift permitted), and a deck with a staircase. Lastly, who wouldn't want a little more income? This property has great rental possibility to help offset ownership costs. The perfect fit for any buyer.

Last Agent to Sell the Property

JEFF SHENK

RE/MAX PROPERTY PROS Listed on: 04/01/2020

Last Buyer's Agent

RYAN MILLER

MILLER & ASSOCIATES REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 2002

Lot Details

  • Lake Front
  • Landscaped

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,224 Sq Ft Home
  • Stone Fireplace
  • Gas Fireplace
  • Water Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Slip
  • Deck
  • Open Patio

Schools

  • Northland Pines-Er Elementary School
  • Northland Pines Middle School
  • Northland Pines High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater
  • Mound Septic
  • Public Septic Tank
  • Phone Available

Community Details

  • Eagle Point Subdivision
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 14-1653-11

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,308

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: WATERSMEET
  • Ownership: Fee Simple,Condominium
  • Subdivision Name: Eagle Point
  • Directions: From ER, Hwy 70 west to Right just prior to Eagle River Inn.
  • Above Grade Finished Sq Ft: 1224.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Year Built: 2002
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Microwave, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Pantry

Exterior Features

  • Lot Features: Lake Front, Level, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Exterior Features: Boat Slip, Landscaping
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, One Car Garage, Storage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Mound Septic
  • Utilities: Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping
  • Association Fee: 233.0
  • Common Interest: Condominium

Schools

  • Elementary School: VI Northland Pines-ER
  • High School: VI Northland Pines
  • Middle Or Junior School: VI Northland Pines

Lot Info

  • Lot Size Sq Ft: 84506.0
  • Parcel #: 14-1653-11
  • Zoning Description: General Business

Tax Info

  • Tax Annual Amount: 1308.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jul 27, 2020
Sold by
Krause Richard H and Patricia A Krause Family Trust
Bought by
Vogt Ronald H and Vogt Cynthia L
Seller's Agent
JEFF SHENK
RE/MAX PROPERTY PROS
Buyer's Agent
RYAN MILLER
MILLER & ASSOCIATES REALTY LLC
List Price
$167,500
Sold Price
$160,000
Premium/Discount to List
-$7,500
-4.48%
Current Estimated Value
$357,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,246
Avg. Annual Appreciation
16.64%
Original Mortgage
$100,000
Outstanding Balance
$71,164
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$286,082

Purchase Details

Closed on
Mar 16, 2020
Sold by
Krause Richard H
Bought by
Gritis Louise M and Louise M Gritis Declartion Of Trust
Source: Public Records

Range of Values:

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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
Vogt Ronald H $160,000 None Available
Gritis Louise M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vogt Ronald H $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $160,000 -4.5% $131 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $167,500 -- $137 / 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 $1,594 $289,300 $45,300 $244,000
2023 $1,752 $289,300 $45,300 $244,000
2022 $1,337 $148,900 $16,400 $132,500
2021 $1,295 $148,900 $16,400 $132,500
2020 $1,301 $148,900 $16,400 $132,500
2019 $1,308 $148,900 $16,400 $132,500
2018 $1,258 $148,900 $16,400 $132,500
2017 $1,232 $148,900 $16,400 $132,500
2016 $1,264 $148,900 $16,400 $132,500
2015 $1,231 $148,900 $16,400 $132,500
2014 $1,200 $148,900 $16,400 $132,500
2013 $1,526 $186,100 $38,000 $148,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 183619

Greater Northwoods MLS

APN: 14-1653-11