NOT LISTED FOR SALE

536 E Chicago Ave Minocqua, WI 54548

Estimated Value: $403,000 - $713,000

2 Beds
1.5 Baths
1,132 Sq Ft
$466/Sq Ft Est. Value

Last Sold November 01, 2016

Last sale price $265,000 $234 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,975/month

72 Days on Market

Highlights

  • Lake Front
  • Deck
  • Covered Patio or Porch
  • Docks
  • Recreation Facilities
  • 1 Car Detached Garage

About This Home

As of November 2016

Opportunity Knocks in Downtown Minocqua on the Island! Spectacular views of Lake Minocqua and directly across the street is your own pier on the sought after shores of Lake Minocqua. Well maintained & updated 2 bdrm, 2 bath lakeside home in a phenomenal location. Brand new roof & furnace! The open floor plan offers excellent lake views & spacious rooms. Town road frontage on both Chi Ave E & Hassler Dr. Excellent income potential with the Business zoning - allowing for short term rentals! Endless recreation & fishing out your front door. Also, walk to downtown Minocqua shops, restaurants, festivals & the new library just around the corner. Nat. gas, charter cable, city water & sewer. Across the Street on Lake Minocqua, the shoreline is owned by the Town which allows use of the shoreline & boat docking.

Last Agent to Sell the Property

Adam Redman

REDMAN REALTY GROUP, LLC License #56355 - 90 Listed on: 08/19/2016

Last Buyer's Agent

THE HERVEY TEAM

REDMAN REALTY GROUP, LLC License #63078 - 94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,695

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x170
  • Lake Front
  • Street terminates at a dead end
  • South Facing Home
  • Landscaped
  • Level Lot
  • Zoning described as General Business

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Gas Fireplace
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Docks
  • Deck
  • Covered Patio or Porch

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number MI 3423

Community Details

Overview

  • Payne's 1St Addition Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,695

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 50x170
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: MINOCQUA
  • Ownership: Fee Simple
  • Subdivision Name: Payne's 1st Addition
  • Directions: Located in Downtown Minocqua, on the Island! Heading north, after crossing the Hwy 51 bridge, go (R) on Chicago Ave East, (L) on Hassler Dr to Home on (L)
  • Above Grade Finished Sq Ft: 1132.0
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Gas
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s), Main Level Primary, Cable TV

Exterior Features

  • Lot Features: Dead End, Easy Access, Lake Front, Level, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Direction Faces: South
  • Exterior Features: Deck, Dock, Landscaping, Patio, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage, Driveway
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Recreation Area

Schools

  • Elementary School: ON MHLT
  • High School: ON Lakeland Union

Lot Info

  • Lot Size Sq Ft: 8276.0
  • Parcel #: MI 3423
  • Zoning Description: General Business

Tax Info

  • Tax Annual Amount: 1695.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Nov 1, 2016
Sold by
Elizabeth F Mitchell Revocable Living Trust U
Bought by
Espinosa Daniel L
Seller's Agent
Adam Redman
REDMAN REALTY GROUP, LLC
Buyer's Agent
THE HERVEY TEAM
REDMAN REALTY GROUP, LLC
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$527,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,510
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Sep 10, 2012
Sold by
Mitchell Elizabeth Foltz
Bought by
Mitchell Elizabeth F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Espinosa Daniel L $265,000 --
Mitchell Elizabeth F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2016 11/01/16 Sold $265,000 -3.6% $234 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $275,000 -- $243 / 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 $2,593 $246,400 $95,000 $151,400
2023 $2,555 $246,400 $95,000 $151,400
2022 $2,179 $246,400 $95,000 $151,400
2021 $2,414 $246,400 $95,000 $151,400
2020 $2,192 $246,400 $95,000 $151,400
2019 $1,649 $159,500 $79,200 $80,300
2018 $1,605 $159,500 $79,200 $80,300
2017 $1,568 $159,500 $79,200 $80,300
2016 $1,651 $159,500 $79,200 $80,300
2015 $1,680 $166,300 $79,200 $87,100
2014 $1,680 $166,300 $79,200 $87,100
2011 $1,713 $193,000 $95,000 $98,000
Source: Public Records

Agents Affiliated with this Home

  • Adam Redman

    Seller's Agent in 2016

    Adam Redman

    REDMAN REALTY GROUP, LLC

    (715) 892-4500

    1 in this area

    1 Total Sale

    Adam Redman
    Section Image

  • T

    Buyer's Agent in 2016

    THE HERVEY TEAM

    REDMAN REALTY GROUP, LLC

    (715) 614-0534

    151 in this area

    422 Total Sales

    THE HERVEY TEAM
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 160367

Greater Northwoods MLS

APN: 01601-3423-0000

Wisconsin Oneida County Minocqua 54548

536 E Chicago Ave, Minocqua, WI

Not Listed for Sale

Detached

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