527 Sharpes Dr Unit 10 Elkhart Lake, WI 53020
2
Beds
1
Bath
1,142
Sq Ft
$150/mo
HOA Fee
Highlights
- Deeded Waterfront Access Rights
- Community Boat Slip
- Wooded Lot
- Elkhart Lake Elementary/Middle School Rated 9+
- Waterfront
- Bathtub with Shower
About This Home
As of August 2024Rare offering to own at Sharpes Resort! Incredible lakeside location looks over the beach and lake swim pier. Charming original cottage has 2BR, 1 BA, living room, kitchen, and a breezy lakeview screened porch large enough to entertain many (west facing sunset views!). Unlike most condos avail in Elkhart, this property includes a boat slip on one of the condo piers at the waterfront! Family fun! Low fees and taxes and beautiful landscaped grounds! Furnishings included. Owner is allowed to occasionally Air B&B to offset costs but assn does not allow purchase to only rent out unit.AS IS sale.
Last Agent to Sell the Property
First Weber Inc - Brookfield License #65511-94 Listed on: 07/18/2024
Last Buyer's Agent
First Weber Inc - Brookfield License #65511-94 Listed on: 07/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,894
Year Built
- Built in 1950
Lot Details
- Waterfront
- Wooded Lot
HOA Fees
- $150 Monthly HOA Fees
Parking
- Surface Parking
Home Design
- Wood Siding
Interior Spaces
- 1,142 Sq Ft Home
- 1-Story Property
- Water Views
- Crawl Space
Kitchen
- Oven
- Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
- Bathtub Includes Tile Surround
Outdoor Features
- Deeded Waterfront Access Rights
- Access To Lake
Schools
- Elkhart Lake Elementary School
- Elkhart Lake High School
Utilities
- Heating Available
- Water Rights
Listing and Financial Details
- Exclusions: Artwork, living room red chair and sofa, personal items.
Community Details
Overview
- 19 Units
- Sharpes Condominum Association Condos
Recreation
- Community Boat Slip
- Community Playground
- Trails
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2024
Closed on
Aug 21, 2024
Sold by
Quinlevan John J and Lepak Patricia M
Bought by
Sofen Family Trust and Sofen
Seller's Agent
Christine Krieg
First Weber Inc - Brookfield
Buyer's Agent
Christine Krieg
First Weber Inc - Brookfield
List Price
$799,000
Sold Price
$1,225,000
Premium/Discount to List
$426,000
53.32%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$305,516
Avg. Annual Appreciation
-28.93%
Original Mortgage
$488,000
Outstanding Balance
$484,228
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$435,257
Similar Home in Elkhart Lake, WI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,225,000 | Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $488,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2024 08/21/24 | Sold | $1,225,000 | +53.3% | $1,073 / Sq Ft |
| 07/22/2024 07/22/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $799,000 | -- | $700 / Sq Ft |
Source: Metro MLS
Tax History Compared to Growth
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 | $6,674 | $452,500 | $375,000 | $77,500 |
| 2023 | $6,448 | $452,500 | $375,000 | $77,500 |
| 2022 | $5,451 | $306,900 | $249,300 | $57,600 |
| 2021 | $5,690 | $307,600 | $250,000 | $57,600 |
| 2020 | $5,710 | $307,600 | $250,000 | $57,600 |
| 2019 | $5,622 | $307,600 | $250,000 | $57,600 |
| 2018 | $5,465 | $307,600 | $250,000 | $57,600 |
| 2017 | $5,320 | $307,600 | $250,000 | $57,600 |
| 2016 | $5,402 | $307,600 | $250,000 | $57,600 |
| 2015 | $5,488 | $307,600 | $250,000 | $57,600 |
| 2014 | $5,295 | $307,600 | $250,000 | $57,600 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Krieg
Seller's Agent in 2024
Christine Krieg
First Weber Inc - Brookfield
(414) 840-8486
7 in this area
27 Total Sales
Map
Source: Metro MLS
MLS Number: 1884296
APN: 59121583390
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