NOT LISTED FOR SALE

5690 Spider Lake Rd Rhinelander, WI 54501

Estimated Value: $512,911 - $1,211,000

3 Beds
2 Baths
2,650 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $500,000 $189 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,432/month

415 Days on Market

Highlights

  • Lake Front
  • Guest House
  • 2 Car Garage
  • Docks
  • Views
  • Carpet

About This Home

As of August 2020

Water and Land. If you are looking for both you have found it right here. You will have 2000 feet of frontage and 12.5 acres on Spider Lake in between Rhinelander and Eagle River. Water views from every angle of your 3 bedroom 2 bath home. There is a detached 2.5 car garage and three cottages one is winterized and the others are three season that need some updating. There is also a green house and outdoor storage sheds. Your yard is open with a small grove of apple trees and a nice variety of mixed trees keeping you secluded. Call for a private viewing today!9699

Last Agent to Sell the Property

AMY NOWAK

CENTURY 21 BURKETT & ASSOC. Listed on: 07/11/2019

Last Buyer's Agent

Cecily Dawson

LAKELAND REALTY License #58805 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,019

Year Built

  • Built in 1995

Lot Details

  • 12.5 Acre Lot
  • Lake Front
  • Sloped Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Docks
  • Outbuilding

Additional Homes

  • Guest House

Utilities

  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Drilled Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number NE 744

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,019

Year Built

Built in 1995

Lot Details

0

Parking

2

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: From Eagle River: Hwy 17S 13.7 miles to Right on Cross Country Rd-2 miles. Right on Right on Pine Lk Rd. .46 mi to left on Spider Lk Rd- 1.25 mi. Stay Left on Spider Lk Rd-4 mi to property on Right.
  • Above Grade Finished Sq Ft: 2120.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1995
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 530.0
  • Fireplace Features: Other, Pellet Stove
  • Fireplace: No
  • Flooring: Carpet, Vinyl

Exterior Features

  • Lot Features: Lake Front, Sloped
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Dock, Out Building(s), Other
  • Foundation Details: Poured
  • Other Structures: Guest House, Outbuilding
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Storage

Utilities

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

Lot Info

  • Lot Size Sq Ft: 544500.0
  • Parcel #: NE 744
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4019.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 31, 2020
Sold by
Glut Charles F and Glut Julie
Bought by
Derdzinski Jill
Seller's Agent
AMY NOWAK
CENTURY 21 BURKETT & ASSOC.
Buyer's Agent
Cecily Dawson
LAKELAND REALTY
List Price
$559,000
Sold Price
$500,000
Premium/Discount to List
-$59,000
-10.55%
Current Estimated Value
$776,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,831
Avg. Annual Appreciation
7.49%
Original Mortgage
$400,000
Outstanding Balance
$355,625
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$382,853
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
Derdzinski Jill $500,000 Vilas Title Service Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derdzinski Jill $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $500,000 -10.6% $189 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/12/2019 07/12/19 For Sale $559,000 -- $211 / 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 $4,774 $327,200 $36,300 $290,900
2023 $4,521 $327,200 $36,300 $290,900
2022 $3,424 $327,200 $36,300 $290,900
2021 $4,843 $327,200 $36,300 $290,900
2020 $3,985 $319,100 $36,300 $282,800
2019 $4,019 $319,100 $36,300 $282,800
2018 $4,142 $319,100 $36,300 $282,800
2017 $4,196 $319,100 $36,300 $282,800
2016 $3,855 $286,900 $36,300 $250,600
2015 $4,007 $286,900 $36,300 $250,600
2014 $4,007 $286,900 $36,300 $250,600
2011 $3,779 $286,900 $36,300 $250,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 179769

Greater Northwoods MLS

APN: NE 744