NOT LISTED FOR SALE

5538 Riverview Dr Rhinelander, WI 54501

Estimated Value: $236,000 - $410,000

3 Beds
1 Bath
1,018 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $250,000 $246 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,894/month

6 Days on Market

Highlights

  • Lake Front
  • Deck
  • Views
  • Docks
  • Wooded Lot
  • Open Patio

About This Home

As of May 2022

BASS LAKE - RHINELANDER CHAIN: Here's a price for a waterfront cottage you thought you'd never see again! Bass Lake is a part of the Rhinelander flowage, and this cozy cottage can be your hub for "up North" recreation. Tucked in a bay, navigable to the rest of the "chain" for fishing, pontoon boating, relaxing, and You Being You! Cooking out in the back yard, campfires and s'mores, beverages under the stars! Cottage has upgraded roof, septic, well, decks, fire pit, stairs to the waterfront, storage building. Natural gas forced air heat. Beautiful wooded lot with some open space for gatherings, possible future expansion. Cozy cottage has had extensive interior remodeling over the past 5 years, a fresh coat of exterior paint, and is ready to enjoy. A great location for your recreation needs. If 2022 is your year to finally get the retreat you have been dreaming of, make sure to see this cutie. You know what they say: "You never know how many friends you have until you have a cottage!"

Last Agent to Sell the Property

Pete Rondello

REDMAN REALTY GROUP, LLC License #44714 - 90 Listed on: 03/01/2022

Last Buyer's Agent

DONNA LECLAIR

FLANDERS REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Lot Details

  • 0.7 Acre Lot
  • Lake Front
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • Sloped Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1,018 Sq Ft Home
  • Ceiling Fan
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Shed
  • Outbuilding

Schools

  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number PL-159-4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Lot Details

0.7 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Bay/Harbor, Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: BASS(31)
  • Ownership: Fee Simple
  • Directions: Highway W north to left on River Road to left on Trails End Road. Left on Riverview Drive to property on left.
  • Above Grade Finished Sq Ft: 1018.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer/Dryer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Dead End, Lake Front, Sloped, Wooded, Waterfront
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Bayfront, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log, Wood Siding
  • Exterior Features: Dock, Out Building(s), Shed
  • Foundation Details: Slab
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Schools

  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Lot Size Sq Ft: 30492.0
  • Parcel #: PL-159-4
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1796.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
May 6, 2022
Sold by
Thompson Danal M and Thompson Susan C
Bought by
Towne Daniel J and Towne Marie A
Seller's Agent
Pete Rondello
REDMAN REALTY GROUP, LLC
Buyer's Agent
DONNA LECLAIR
FLANDERS REALTY GROUP
List Price
$218,500
Sold Price
$250,000
Premium/Discount to List
$31,500
14.42%
Current Estimated Value
$329,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,395
Avg. Annual Appreciation
7.47%
Original Mortgage
$212,500
Outstanding Balance
$198,631
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$130,764

Purchase Details

Listed on
Feb 20, 2018
Closed on
May 25, 2018
Sold by
Wolz Mark A
Bought by
Thompson Danal M and Thompson Susan C
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
Pete Rondello
REDMAN REALTY GROUP, LLC
List Price
$129,500
Sold Price
$120,000
Premium/Discount to List
-$9,500
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.42%

Purchase Details

Listed on
Aug 1, 2014
Closed on
Oct 26, 2015
Sold by
Hynek Richard S
Bought by
Wolz Mark A
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
SEAN DUNCAN
NORTHWOODS COMMUNITY REALTY, LLC
List Price
$119,500
Sold Price
$109,500
Premium/Discount to List
-$10,000
-8.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%

Purchase Details

Closed on
Sep 23, 2013
Sold by
Hynek Richard S
Bought by
Hynek Richard S and Hynek Susan

Purchase Details

Closed on
Jan 3, 2013
Sold by
Prei Gene and Hynek Helen F
Bought by
Hynek Richard S
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

Date Buyer Sale Price Title Company
Towne Daniel J $250,000 Northwoods Title
Thompson Danal M $120,000 Northwoods Title & Closing
Wolz Mark A $109,500 --
Hynek Richard S -- Oneida Title & Abstract Inc
Hynek Richard S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Towne Daniel J $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $250,000 +14.4% $246 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $218,500 +82.1% $215 / Sq Ft
05/25/2018 05/25/18 Sold $120,000 -7.3% $181 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $129,500 +18.3% $195 / Sq Ft
11/02/2015 11/02/15 Sold $109,500 -8.4% $165 / Sq Ft View Prior Sale
08/20/2015 08/20/15 Pending -- -- --
08/11/2014 08/11/14 For Sale $119,500 -- $180 / 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
2024 $2,421 $143,100 $76,200 $66,900
2023 $2,334 $143,100 $76,200 $66,900
2022 $1,585 $124,300 $76,200 $48,100
2021 $2,102 $124,300 $76,200 $48,100
2020 $1,719 $124,300 $76,200 $48,100
2019 $1,741 $124,300 $76,200 $48,100
2018 $1,810 $124,300 $76,200 $48,100
2017 $781 $58,600 $10,500 $48,100
2016 $812 $58,600 $10,500 $48,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2011 $675 $58,400 $10,100 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 195227

Greater Northwoods MLS

APN: PL 159 4

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