NOT LISTED FOR SALE

6283 E Forest Lake Rd Land O Lakes, WI 54540

Estimated Value: $498,000 - $743,000

2 Beds
2 Baths
1,170 Sq Ft
$544/Sq Ft Est. Value

Last Sold March 06, 2013

Last sale price $197,000 $168 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $3,587/month

22 Days on Market

Highlights

  • Lake Front
  • Views
  • Forced Air Heating System
  • Ranch Style House
  • Patio
  • Carpet

About This Home

As of March 2013

Here is a lake frontgae year round home on beautiful Forest Lake in the Land O Lakes area. This full log style structure has just had the roof replaced and some new electrical fixtures installed. New stove included. The lot is gently sloped to the water's edge where you will be amazed at the water's clarity and especially amazed at how good the fishing is. This is your chance to own a waterfront home at below assessed value and in a very desirable area. The home does have a FIRST LOOK INITIATIVE: Owner occupant offers only will be considered until January 28, 2013, then investor offers also welcome. There is also an owner occupant $500.00 Home warranty Credit if escrow closes on or before April 15,2013

Last Agent to Sell the Property

Ron Welnetz

ABSOLUTE REALTORS INC. License #49007 - 90 Listed on: 01/12/2013

Last Buyer's Agent

Ron Welnetz

ABSOLUTE REALTORS INC. License #49007 - 90 Listed on: 01/12/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,495

Lot Details

  • 1.21 Acre Lot
  • Lot Dimensions are 100x367
  • Lake Front
  • Zoning described as Shore

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Range
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Northland Pines High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 12-768

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,495

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 100x367
  • Water Body Name: FOREST (Goose)
  • Ownership: Fee Simple
  • Above Grade Finished Sq Ft: 1170.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Propane Water Heater, Range
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl

Exterior Features

  • Lot Features: Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Gravel, Lake Front
  • Waterfront: Yes
  • Construction Type: Log
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Conventional Sewer, Septic Tank
  • Utilities: Septic Available
  • Water Source: Drilled Well

Schools

  • High School: VI Northland Pines

Lot Info

  • Lot Size Sq Ft: 52708.0
  • Parcel #: 12-768
  • Zoning Description: Shore

Tax Info

  • Tax Annual Amount: 2495.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2013
Closed on
Jan 25, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ferguson Michael F and Ferguson Catherine G
Seller's Agent
Ron Welnetz
ABSOLUTE REALTORS INC.
Buyer's Agent
Ron Welnetz
ABSOLUTE REALTORS INC.
List Price
$206,900
Sold Price
$197,000
Premium/Discount to List
-$9,900
-4.78%
Current Estimated Value
$636,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,819
Avg. Annual Appreciation
9.39%
Original Mortgage
$157,600
Outstanding Balance
$110,404
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$496,392

Purchase Details

Closed on
Jul 27, 2012
Sold by
Lachance Mery Le and Johnstone Merry Lee
Bought by
Citimortgage Inc
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
Ferguson Michael F $197,000 Lake Country Title Serv
Citimortgage Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Michael F $157,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2013 03/06/13 Sold $197,000 -4.8% $168 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $206,900 -- $177 / 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 $2,327 $294,000 $120,000 $174,000
2023 $2,290 $283,800 $120,000 $163,800
2022 $2,336 $283,800 $120,000 $163,800
2021 $2,638 $283,800 $120,000 $163,800
2020 $2,612 $283,800 $120,000 $163,800
2019 $2,718 $283,800 $120,000 $163,800
2018 $2,230 $239,500 $120,000 $119,500
2017 $2,172 $245,700 $128,000 $117,700
2016 $2,256 $245,700 $128,000 $117,700
2015 $2,239 $242,100 $128,000 $114,100
2014 $2,152 $242,100 $128,000 $114,100
2013 $2,527 $242,100 $128,000 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 131068

Greater Northwoods MLS

APN: 12-768