NOT LISTED FOR SALE

5675 Spider Lake Rd Rhinelander, WI 54501

Estimated Value: $478,000 - $570,000

3 Beds
2 Baths
2,149 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $152,000 $71 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $3,033/month

286 Days on Market

Highlights

  • Lake Front
  • Deck
  • Cathedral Ceiling
  • 827,640 Sq Ft lot
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of December 2012

Woods and Water at a great price! 3 bedroom 2 bath country home on 19 acres of Land. Shared access to Spider Lake located across the street. Open concept floor plan, 2 loft areas, a 3 car det garage, covered front porch with hot tub and a Storage shed. It doesnt get much better than this. This is a Fannie Mae HomePath Property. Purchase this home for as little as 3% down. This property is approved for HomePath Mortgage Financing and HomePath Renovation Financing. The seller has directed that all agents submitting offers on this listing be made using the HomePath Online Offer system at the HomePath website. JVBS

Last Agent to Sell the Property

JENNIFER VOZKA

RE/MAX INVEST, LLC License #52710 - 90 Listed on: 02/17/2012

RE/MAX INVEST, LLC

Last Buyer's Agent

Jeremy McCone

SHOREWEST - RHINELANDER License #66846 - 94

SHOREWEST - RHINELANDER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,590

Lot Details

  • 19 Acre Lot
  • Lake Front
  • Rural Setting
  • Level Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Crawl Space
  • Dishwasher
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Crescent Elementary School
  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Drilled Well
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number NE 746 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,590

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: SPIDER
  • Ownership: Fee Simple
  • Directions: Hwy 47 to Left Bridge St, Left on Black Lake Rd to Right on Spider Lk Rd. Property on Right
  • Above Grade Finished Sq Ft: 2248.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Propane Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 9.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Lake Front, Level, Rural Lot, Wooded
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Patio, Shed
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Heating: Electric, Hot Water, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Park

Schools

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

Lot Info

  • Lot Size Sq Ft: 827640.0
  • Parcel #: NE 746 1
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3590.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Welch Robert D and Welch Angela M
Bought by
Welch Family Revocable Trust and Welch
Current Estimated Value
$515,000

Purchase Details

Listed on
Feb 17, 2012
Closed on
Dec 7, 2012
Sold by
Fannie Mae
Bought by
Mertz Angela
Seller's Agent
JENNIFER VOZKA
RE/MAX INVEST, LLC
Buyer's Agent
Jeremy McCone
SHOREWEST - RHINELANDER
List Price
$210,000
Sold Price
$152,000
Premium/Discount to List
-$58,000
-27.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$147,440
Interest Rate
3.36%
Mortgage Type
New Conventional
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
Welch Family Revocable Trust -- None Listed On Document
Welch Angela M -- None Listed On Document
Mertz Angela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mertz Angela $147,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2012 12/03/12 Sold $152,000 -27.6% $71 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $210,000 -- $98 / 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 $4,308 $295,300 $76,000 $219,300
2023 $4,081 $295,300 $76,000 $219,300
2022 $2,518 $246,800 $76,000 $170,800
2021 $4,015 $271,300 $76,000 $195,300
2020 $3,352 $271,300 $76,000 $195,300
2019 $3,376 $271,300 $76,000 $195,300
2018 $3,483 $271,300 $76,000 $195,300
2017 $3,536 $271,300 $76,000 $195,300
2016 $3,633 $271,300 $76,000 $195,300
2015 $3,805 $273,100 $77,800 $195,300
2014 $3,805 $273,100 $77,800 $195,300
2011 $3,590 $273,100 $77,800 $195,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 124147

Greater Northwoods MLS

APN: NE 746 1