NOT LISTED FOR SALE

5613 Silver Lake Rd Rhinelander, WI 54501

Estimated Value: $337,000 - $1,132,000

3 Beds
2 Baths
2,413 Sq Ft
$352/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $945,000 $392 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,831/month

46 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • 2 Car Detached Garage
  • Private Lot
  • Cathedral Ceiling
  • Walk-In Closet

About This Home

As of April 2024

Situated at end of a private road this stunning lakefront property offers comfort and luxury on 383 feet of sandy frontage. Main house boasts 3 bed/2bath with open floor plan, cathedral ceilings and high-quality amenities including quartz countertops and hardwood floors. Soaring floor to ceiling wood burning stone fireplace is perfect for cozy evenings. Chef’s kitchen includes high end appliances. Screen porch leads to an open deck, a perfect place to enjoy cocktails in the evening while taking in lake views. Lower level has large family room, wood burning stove, and kitchenette/bar. Walkout lower level extends entertaining out to a cement patio with firepit. Guest cottage has an additional 650 square feet and amenities matching the main house. Grounds are professionally landscaped and include a floating dock system. Detached garage is insulated and heated. Homes and garage feature half log siding and metal roofs. This exquisite lakefront property can be your Northwoods retreat!

Last Agent to Sell the Property

Deb Mann

SHOREWEST - RHINELANDER License #73216 - 94 Listed on: 02/15/2024

SHOREWEST - RHINELANDER

Co-Listed By

Pete Tenderholt

SHOREWEST - RHINELANDER

Last Buyer's Agent

Brian Paul

RE/MAX LAKESIDE

RE/MAX LAKESIDE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,455

Year Built

  • Built in 2023

Lot Details

  • 5.5 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Heated Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Washer Hookup
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Hot Water Heating System
  • Underground Utilities
  • Drilled Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03401-0442-0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,455

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road
  • Water Body Name: SILVER
  • Co List Office Mls Id: 206
  • Co List Office Phone: (715) 369-1223
  • Ownership: Fee Simple
  • Directions: 17 north, Left into Cross Country Rd, Right onto Spider Lake Rd, Slight Right onto Silver Lake Rd, Property is second to last on gravel rd
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Exhaust Fan
  • Has Basement: Daylight, Exterior Entry, Egress Windows, Full, Partially Finished, Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1069.0
  • Door Features: French Doors
  • Fireplace Features: Multiple
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Main Level Primary, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Private, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Foundation Details: Poured
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Heated Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Water, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 239580.0
  • Parcel #: 03401-0442-0004

Tax Info

  • Tax Annual Amount: 3455.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 27, 2024
Sold by
Yingling John Paul
Bought by
Ryan John F and Ryan Kathleen B
Seller's Agent
Deb Mann
SHOREWEST - RHINELANDER
Buyer's Agent
Brian Paul
RE/MAX LAKESIDE
List Price
$979,000
Sold Price
$945,000
Premium/Discount to List
-$34,000
-3.47%
Views
76
Current Estimated Value
$849,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,230
Avg. Annual Appreciation
-6.50%
Original Mortgage
$250,000
Outstanding Balance
$245,713
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$604,057

Purchase Details

Closed on
Aug 30, 2021
Sold by
Johnson Timothy and Johnson Barbara
Bought by
Yingling John Paul
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
Ryan John F $945,000 Gowey Abstract & Title
Yingling John Paul $185,000 Northwoods Ttl & Closing Svc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan John F $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $945,000 -3.5% $392 / Sq Ft
02/15/2024 02/15/24 For Sale $979,000 -- $406 / 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 $4,497 $372,800 $113,200 $259,600
2023 $4,081 $340,800 $113,200 $227,600
2022 $1,099 $115,900 $113,200 $2,700
2021 $1,175 $113,200 $113,200 $0
2020 $1,051 $113,200 $113,200 $0
2019 $1,044 $113,200 $113,200 $0
2018 $1,033 $113,200 $113,200 $0
2017 $1,024 $113,200 $113,200 $0
2016 $1,065 $113,200 $113,200 $0
2015 $1,040 $113,200 $113,200 $0
2014 $1,040 $113,200 $113,200 $0
2011 $1,163 $113,200 $113,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 205511

Greater Northwoods MLS

APN: SU 442 4