NOT LISTED FOR SALE

5920 Rest Lake Rd Manitowish Waters, WI 54545

Estimated Value: $623,000 - $1,077,444

2 Beds
2 Baths
1,266 Sq Ft
$685/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $560,000 $442 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,212/month

72 Days on Market

Highlights

  • Lake Front
  • Docks
  • Boat Ramp
  • North Lakeland Elementary School Rated A
  • Guest House
  • Boat Lift

About This Home

As of January 2020

Great property on Rest Lake of the beautiful Manitowish Waters 10 Lake Chain. One mile of of Hwy. 51 for easy access, at the end of the road you will find this 1.9 acre parcel with 200 feet of sand frontage and a nice level lakeside area. The views of Rest Lake are outstanding. This property has been in the family for 45 years and is now ready for a new family to enjoy! The property consists of a 2 bedroom, 2 bath home with partial basement and a large screen porch with cathedral ceiling. Behind the home is a Northwoods, 3 season cottage that has 2 bedrooms and one bath, so charming that you will love it as it is. View this soon -- properties like this are hard to find on this very popular chain of lakes!

Last Agent to Sell the Property

DANIEL MEIER

SCHMIDT-HAUS REALTY Listed on: 10/31/2019

Last Buyer's Agent

DANIEL MEIER

SCHMIDT-HAUS REALTY Listed on: 10/31/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,798

Lot Details

  • 1.92 Acre Lot
  • Lot Dimensions are 200x490
  • Lake Front
  • Street terminates at a dead end
  • Sloped Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 1,266 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Stove
  • Stone Fireplace
  • Water Views
  • Washer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Docks
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • North Lakeland Elementary And Middle School
  • Lakeland Union High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Electric Water Heater
  • Phone Available

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 16-210

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,798

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 200x490
  • Road Frontage Type: Town Road
  • Water Body Name: REST
  • Ownership: Fee Simple
  • Directions: Hwy. W to Left on Hwy. 51 S one mile to Left on Rest Lake Rd. to end of road to Fire# 5920 and 5922 on right.
  • Above Grade Finished Sq Ft: 1266.0
  • Architectural Style: One Story
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Dead End, Lake Front, Sloped, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Boat Ramp/Lift Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Boat Lift, Dock, Out Building(s), Propane Tank - Owned
  • Foundation Details: Block
  • Other Structures: Guest House, Outbuilding
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Fuses
  • Sewer: Conventional Sewer
  • Utilities: Natural Gas Available, Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping, Skiing

Schools

  • Elementary School: VI North Lakeland
  • High School: ON Lakeland Union
  • Middle Or Junior School: VI North Lakeland

Lot Info

  • Lot Size Sq Ft: 83635.0
  • Parcel #: 16-210
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3798.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Jan 10, 2020
Sold by
Christensen Meri M and Christensen Revocable Living T
Bought by
Meffert Joint Revocable Trust
Seller's Agent
DANIEL MEIER
SCHMIDT-HAUS REALTY
Buyer's Agent
DANIEL MEIER
SCHMIDT-HAUS REALTY
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%
Current Estimated Value
$867,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,148
Avg. Annual Appreciation
8.09%
Original Mortgage
$448,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2019
Sold by
Christensen Jon K
Bought by
Connolly Patrick

Purchase Details

Closed on
Mar 20, 2017
Sold by
Christensen Meri M
Bought by
Christensen Meri M and Christensen Revocable Living T
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
Meffert Joint Revocable Trust $560,000 Vilas Title Service Inc
Connolly Patrick $250,000 Vilas Title Services Inc
Christensen Meri M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meffert Randal J $446,500
Closed Meffert Joint Revocable Trust $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $560,000 -6.7% $442 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $599,900 -- $474 / 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 $5,947 $659,500 $371,200 $288,300
2023 $5,159 $659,500 $371,200 $288,300
2022 $5,249 $644,500 $371,200 $273,300
2021 $4,878 $644,500 $371,200 $273,300
2020 $4,176 $537,500 $371,200 $166,300
2019 $3,852 $537,500 $371,200 $166,300
2018 $3,798 $537,500 $371,200 $166,300
2017 $3,715 $537,500 $371,200 $166,300
2016 $3,766 $537,500 $371,200 $166,300
2015 $3,917 $537,500 $371,200 $166,300
2014 $3,708 $537,500 $371,200 $166,300
2013 $4,577 $683,500 $517,500 $166,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 181905

Greater Northwoods MLS

APN: 16-210