NOT LISTED FOR SALE

5467 Manor Rd Unit 2 Rhinelander, WI 54501

Estimated Value: $179,000 - $276,000

2 Beds
1 Bath
440 Sq Ft
0.25 Acres

Last Sold October 14, 2022

Last sale price $160,000 $364 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,315/month

53 Days on Market

Highlights

  • Lake Front
  • Private Lot
  • Cathedral Ceiling
  • Deck
  • Wooded Lot
  • Cul-De-Sac

About This Home

As of October 2022

Big water for a small price tag. This charming cottage is being sold with most furnishings; all you have to do is pack your suitcase and head north! This cottage is one of four units at The Pines at Boom Lake condo development and shares 350' of SE facing sand frontage. There is a superb water view from the deck and the unit comes with a private pier for your boats (owned by the Association). There has been updates over the years and features log siding, a spacious deck for entertaining and 2BR/open concept living area. The inside may be small, but nicely laid out for both indoor and outdoor use. This is a small development with only 4 units and all units and the grounds are meticulously maintained. In addition to the shared frontage, there is also a beach, firepit and a small interior storage area. The owners have never rented it, only enjoyed themselves over the years. Spectrum internet available. There is a NG wall furnace for those chilly spring and fall days.

Last Agent to Sell the Property

Janel Pagels

REDMAN REALTY GROUP, LLC License #50761 - 90 Listed on: 08/16/2022

Last Buyer's Agent

Linda Moore

FIRST WEBER - RHINELANDER License #51429 - 90

FIRST WEBER - RHINELANDER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,192

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Landscaped
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Parking

  • Shared Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Log Siding

Interior Spaces

  • 440 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Water Views
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Open Patio

Schools

  • Rhinelander High School

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Shared Well
  • Drilled Well
  • Gas Water Heater
  • Public Septic Tank
  • Shared Septic

Community Details

  • The Pines At Boom Lake Subdivision
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 02801-1271-0000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,192

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: BOOM
  • Ownership: Condominium
  • Subdivision Name: The Pines at Boom Lake
  • Directions: From Rhinelander: Cty W, Left on River Road, Left on Manor Rd to Fire number/driveway.
  • Above Grade Finished Sq Ft: 440.0
  • Architectural Style: Cabin, One Story
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Cul-De-Sac, Dead End, Lake Front, Level, Private, Secluded, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Exterior Features: Landscaping, Paved Driveway
  • Foundation Details: Block, Pillar/Post/Pier
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage, Storage, Driveway, Shared Driveway

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer, Shared Septic
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Drilled Well, Shared Well

Condo/Co-op/Association

  • Community Features: Shopping
  • Association Fee: 80.0
  • Common Interest: Condominium

Schools

  • High School: ON Rhinelander

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 02801-1271-0000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1192.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Oct 14, 2022
Sold by
Lepak Brian and Lepak Kristi
Bought by
Collins Andrew C and Collins Mary B
Seller's Agent
Janel Pagels
REDMAN REALTY GROUP, LLC
Buyer's Agent
Linda Moore
FIRST WEBER - RHINELANDER
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Views
166
Current Estimated Value
$224,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,896
Avg. Annual Appreciation
11.85%
Original Mortgage
$125,000
Outstanding Balance
$118,988
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$105,908

Purchase Details

Closed on
Apr 15, 2020
Sold by
Sumanis Arnolds
Bought by
Lepak Brian and Lepak Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2019
Sold by
Day Phil
Bought by
Stencil John P and Stencil Michel R

Purchase Details

Listed on
Mar 23, 2018
Closed on
Aug 21, 2018
Sold by
Marquardt Randy C and Marquardt Lori A
Bought by
Sumanis Arnolds
Seller's Agent
Todd Johnson
FIRST WEBER - RHINELANDER
Buyer's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
List Price
$109,500
Sold Price
$90,000
Premium/Discount to List
-$19,500
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Feb 15, 2016
Sold by
Marquardt Randy C and Marquardt Lori A
Bought by
Randy C Marquardt And Lori A Marquardt Ttee O

Purchase Details

Closed on
May 15, 2015
Sold by
Gronitz Brian A
Bought by
Marquardt Randy C
Source: Public Records

Range of Values:

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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
Collins Andrew C $160,000 Oneida Title
Lepak Brian $112,500 Oneida Title & Abstract Inc
Stencil John P $75,000 None Available
Sumanis Arnolds $90,000 Oneida Title & Abstract Inc
Randy C Marquardt And Lori A Marquardt Ttee O $77,000 --
Marquardt Randy C $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Andrew C $125,000
Previous Owner Lepak Brian $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Sold $160,000 -8.6% $364 / Sq Ft
08/18/2022 08/18/22 For Sale $175,000 +94.4% $398 / Sq Ft
08/21/2018 08/21/18 Sold $90,000 -17.8% $205 / Sq Ft View Prior Sale
08/20/2018 08/20/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $109,500 -- $249 / 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 $1,617 $95,600 $64,800 $30,800
2023 $1,559 $95,600 $64,800 $30,800
2022 $1,058 $84,400 $64,800 $19,600
2021 $1,427 $84,400 $64,800 $19,600
2020 $1,145 $84,400 $64,800 $19,600
2019 $1,159 $84,400 $64,800 $19,600
2018 $1,088 $76,700 $64,800 $11,900
2017 $1,046 $76,700 $64,800 $11,900
2016 $1,087 $76,700 $64,800 $11,900
2015 $1,032 $76,700 $64,800 $11,900
2014 $1,032 $76,700 $64,800 $11,900
2011 $1,013 $76,700 $64,800 $11,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 198577

Greater Northwoods MLS

APN: PL 1271