NOT LISTED FOR SALE

5550 Sugar Maple Rd Phelps, WI 54554

Estimated Value: $354,000 - $518,000

2 Beds
1 Bath
1,830 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2021

Last sale price $324,900 $178 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,359 / mo

95 Days on Market

Highlights

  • 1,132,560 Sq Ft lot
  • Chalet
  • Private Lot
  • Phelps High School Rated 9+
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of June 2021

HUNTERS PARADISE on 26 acres is sure to meet all your Northwoods needs. A lot of thoughts & imagination have been put into this property. There is no other way than to start listing the details:tongue/groove cathedral ceilings, wood stove w/ floor to ceiling fieldstone w/ add't 4' of foundation below, large windows, log accents, hickory cabinets, att. 1 car garage, 2 car det. garage w/ heated workshop, bonus room for extra guests, climate controlled room w/ the hunters in mind, storage galore in all buildings, 4 bdrm septic system, state of the art privy w/ holding tank to keep the mess out of the home, Lac Vieux Desert & Sugar Maple Lks within 5 minutes & tons of trails throughout the wooded 26 acres. That's not even half of all the spectacular features. Everything has been meticulously maintained & thought of. A detailed list of ALL the multiple features and amenities included, but better yet come take a look you will be pleasantly surprised on this Northwoods paradise!

Last Agent to Sell the Property

RACHEL MARTIN

ELIASON REALTY - EAGLE RIVER Listed on: 02/27/2021

Last Buyer's Agent

AMY NOWAK

CENTURY 21 BURKETT & ASSOC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 2001

Lot Details

  • 26 Acre Lot
  • Landscaped
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Zoning described as All Purpose

Parking

  • 1 Car Garage
  • Heated Garage
  • Gravel Driveway

Home Design

  • Chalet
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,830 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Wood Burning Stove
  • Free Standing Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Phelps Elementary School
  • Phelps High School

Utilities

  • Heating System Uses Propane
  • Wall Furnace
  • Underground Utilities
  • Drilled Well
  • Electric Water Heater
  • Mound Septic
  • Public Septic Tank
  • Sewer Holding Tank

Listing and Financial Details

  • Assessor Parcel Number 18-1064-03 & 1061-03

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,109

Year Built

Built in 2001

Lot Details

26 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Ownership: Fee Simple
  • Directions: Hwy 45 North to a Right on Hwy 17 thru Phelps to a Left on CTH E, Right on Sugar Maple Rd to 5550 on Right.
  • Above Grade Finished Sq Ft: 1830.0
  • Architectural Style: Chalet/Alpine, One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 2001
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Wood Burning
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Mixed
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Buildable, Level, Private, Secluded, Wooded
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Landscaping, Out Building(s), Shed, Gravel Driveway, Propane Tank - Leased
  • Foundation Details: Other, Poured, Slab
  • Other Structures: Bathroom, Garage(s), Outbuilding, Shed(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Detached, Garage, One Car Garage, Two Car Garage, Heated Garage, Storage, Driveway

Utilities

  • Heating: Propane, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Holding Tank, Mound Septic
  • Utilities: Natural Gas Available, Underground Utilities
  • Water Source: Drilled Well

Schools

  • Elementary School: VI Phelps
  • High School: VI Phelps

Lot Info

  • Current Use: Hunting
  • Lot Size Sq Ft: 1132560.0
  • Parcel #: 18-1064-03 & 1061-03
  • Zoning Description: All Purpose

Tax Info

  • Tax Annual Amount: 2109.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2021
Closed on
Jun 7, 2021
Sold by
Schumacher Eric and Schumacher Lori
Bought by
Rasmussen Brad J and Rasmussen Linda S
Seller's Agent
RACHEL MARTIN
ELIASON REALTY - EAGLE RIVER
Buyer's Agent
AMY NOWAK
CENTURY 21 BURKETT & ASSOC.
List Price
$349,900
Sold Price
$324,900
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$411,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,789
Avg. Annual Appreciation
4.99%
Original Mortgage
$104,900
Outstanding Balance
$95,612
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$316,077
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
Rasmussen Brad J $324,900 Vilas Title Service Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasmussen Brad J $104,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $324,900 -7.1% $178 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $349,900 -- $191 / 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 $1,934 $174,800 $51,300 $123,500
2024 $1,801 $174,800 $51,300 $123,500
2023 $1,765 $174,800 $51,300 $123,500
2022 $1,847 $174,800 $51,300 $123,500
2021 $1,797 $174,800 $51,300 $123,500
2020 $1,852 $174,800 $51,300 $123,500
2019 $1,885 $174,800 $51,300 $123,500
2018 $1,844 $177,000 $56,800 $120,200
2017 $1,777 $177,000 $56,800 $120,200
2016 $1,798 $177,000 $56,800 $120,200
2015 $1,814 $177,000 $56,800 $120,200
2014 $1,753 $177,000 $56,800 $120,200
2013 $1,952 $177,000 $56,800 $120,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    RACHEL MARTIN

    ELIASON REALTY - EAGLE RIVER

  • A

    Buyer's Agent in 2021

    AMY NOWAK

    CENTURY 21 BURKETT & ASSOC.

See All Agents

Map

Source: Greater Northwoods MLS

MLS Number: 189288

Greater Northwoods MLS

APN: 18-1064-03

Wisconsin Vilas County Phelps 54554

5550 Sugar Maple Rd, Phelps, WI

Not Listed for Sale

Detached

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