NOT LISTED FOR SALE

531 Summit Ave Oconomowoc, WI 53066

Estimated Value: $348,000 - $393,000

3 Beds
1.5 Baths
1,862 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $282,000 $151 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,332/month

21 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Walk-In Closet
  • Patio
  • Park Lawn Elementary School Rated A
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Here is your chance to own a piece of Oconomowoc's History! This original 3 Bed, 1.5 Bath early 1900's Farmhouse boasts over 1,800 sq ft, of living space, newer mechanicals and roof. Bring your ideas to the huge Eat-In Kitchen space. Wood floors throughout that can easily be returned to their original beauty. Fantastic oversized 2.5 Car Detached garage with a bonus room off the back that has potential to become a great additional space for kids or adults! Good sized yard, and about a ten minute walk to get to everything Downtown Oconomowoc has to offer, Lake Fowler, Lake Lac La Belle, and Oconomowoc High School. Set up your private showing today and start making this home yours tomorrow!

Last Agent to Sell the Property

Sheehan Mohns Group*

RE/MAX Realty Pros~Brookfield License #52998-94 Listed on: 04/06/2022

Last Buyer's Agent

Sheehan Mohns Group*

RE/MAX Realty Pros~Brookfield License #52998-94 Listed on: 04/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,707

Year Built

  • Built in 1901

Lot Details

  • 10,454

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Aluminum Trim

Interior Spaces

  • 1,862 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Stone or Rock in Basement

Schools

  • Park Lawn Elementary School
  • Silver Lake Middle School
  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Patio
  • 10,454 Sq Ft Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,707

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Directions: Hwy 67 to Summit Ave. Home is west of George St. and just East of S Wood St.
  • New Construction: No
  • Year Built: 1901
  • Cleared Acreage: Less than 1/2
  • Architecture: Farmhouse/National Folk
  • Full Street Address: 531 Summit AVENUE
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.24
  • Municipality Type: City
  • Other Rm1 Level: Main
  • Other Rm1 Name: Three Season Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven
  • Has Basement: Block, Full, Stone
  • Interior Amenities: Water Softener, Cable/Satellite Available, High Speed Internet, Walk-in closet(s), Wood or Sim.Wood Floors
  • Bathroom Description: Shower Over Tub
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Den Office Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 1862.00

Exterior Features

  • Exterior Features: Patio
  • Exterior Building Type: 2 Story
  • Exterior: Brick, Brick/Stone, Aluminum Trim, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Detached, 2 Car
  • Garage Spaces: 2.5

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Oconomowoc Area
  • Elementary School: Park Lawn
  • Middle School: Silver Lake
  • High School: Oconomowoc
  • Elementary School: Park Lawn
  • High School: Oconomowoc
  • Junior High Dist: Oconomowoc Area

Lot Info

  • Zoning: Residential
  • Acreage Range: 0.0 to .499
  • Lot Description: Sidewalks

Tax Info

  • Tax Year: 2020
  • Total Taxes: 3707.17

MLS Schools

  • Middle School: Silver Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2010
Sold by
Counsell Daniel S
Bought by
Lloyd J & Loretta Counsell Family Trust
Total Days on Market
21
Current Estimated Value
$363,726
Source: Public Records

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Range of Values:

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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
Lloyd J & Loretta Counsell Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goff Jonathan R $32,713
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $282,000 0.0% $151 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $282,000 -- $151 / Sq Ft
Source: Metro 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 $3,573 $318,000 $75,500 $242,500
2023 $3,344 $282,000 $75,500 $206,500
2022 $4,129 $286,400 $75,000 $211,400
2021 $3,570 $249,900 $75,000 $174,900
2020 $3,707 $214,800 $59,800 $155,000
2019 $3,581 $214,800 $59,800 $155,000
2018 $3,470 $214,800 $59,800 $155,000
2017 $3,888 $214,800 $59,800 $155,000
2016 $3,494 $214,800 $59,800 $155,000
2015 $3,480 $214,800 $59,800 $155,000
2014 $3,682 $214,800 $59,800 $155,000
2013 $3,682 $232,900 $65,200 $167,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1786354

Metro MLS

APN: OCOC-0590-080