NOT LISTED FOR SALE

5507 Arrowhead Dr Mercer, WI 54547

Estimated Value: $336,000 - $476,810

3 Beds
1.5 Baths
3,164 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2025

Last sale price $530,000 $168 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,431 / mo

70 Days on Market

Highlights

  • 1,021,046 Sq Ft lot
  • Heating System Uses Natural Gas
  • Gas Fireplace
  • Shops

About This Home

As of February 2025

This unique property that sits on 23 acres has so much to offer and located near the beautiful town of Mercer. With 5 dwellings on the property the potential is endless. The main home has many updates and has ample room for guests. Next door provides office space to work remotely or tur

Last Agent to Sell the Property

JOY KOHEGYI

REAL BROKER, LLC Listed on: 12/19/2024

REAL BROKER, LLC

Last Buyer's Agent

JOY KOHEGYI

REAL BROKER, LLC Listed on: 12/19/2024

REAL BROKER, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,630

Lot Details

  • 23.44 Acre Lot
  • Zoning described as Multi-Family

Home Design

  • Frame Construction

Interior Spaces

  • 3,164 Sq Ft Home
  • Gas Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 5 Parking Spaces
  • Driveway

Schools

  • Mercer Elementary And Middle School
  • Mercer High School

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Drilled Well

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 012-1907-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,630

Lot Details

23.44 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Ownership: Fee Simple
  • Directions: USH 51 N/B, right on Arrowhead Rd, first left.
  • Above Grade Finished Sq Ft: 3164.0
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes

Exterior Features

  • Lot Features: Buildable
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: Four Car Garage, Four or more Spaces, Driveway
  • Total Parking Spaces: 5.0

Utilities

  • Heating: Propane, Natural Gas
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping, Skiing

Schools

  • Elementary School: IR Mercer
  • High School: IR Mercer
  • Middle Or Junior School: IR Mercer

Lot Info

  • Lot Size Sq Ft: 1021046.0
  • Parcel #: 012-1907-0000
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 2630.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2008
Sold by
Alexander Jerry A
Bought by
Alexander Diane M
Current Estimated Value
$406,405
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Alexander Diane M -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $530,000 -1.9% $168 / Sq Ft
12/19/2024 12/19/24 For Sale $540,000 -- $171 / Sq Ft
Source: Greater Northwoods MLS

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
2025 $3,170 $218,000 $23,500 $194,500
2024 $3,048 $218,000 $23,500 $194,500
2023 $2,897 $218,000 $23,500 $194,500
2022 $2,771 $218,000 $23,500 $194,500
2021 $2,730 $218,000 $23,500 $194,500
2020 $2,738 $218,000 $23,500 $194,500
2019 $2,638 $218,000 $23,500 $194,500
2018 $2,623 $218,000 $23,500 $194,500
2017 $2,543 $218,000 $23,500 $194,500
2016 $2,387 $218,000 $23,500 $194,500
2015 $2,321 $218,000 $23,500 $194,500
2014 $2,321 $218,000 $23,500 $194,500
2013 $2,667 $218,000 $23,500 $194,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    JOY KOHEGYI

    REAL BROKER, LLC

    (715) 776-3710

    18 Total Sales

    JOY KOHEGYI
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Map

Source: Greater Northwoods MLS

MLS Number: 210153

Greater Northwoods MLS

APN: 012-1907-0000

Wisconsin Iron County Mercer 54547

5507 Arrowhead Dr, Mercer, WI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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