NOT LISTED FOR SALE

6998 W Rapids Rd Lake Tomahawk, WI 54539

Estimated Value: $355,000 - $442,000

3 Beds
2 Baths
1,776 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $274,900 $155 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,313/month

212 Days on Market

Highlights

  • River Front
  • Private Lot
  • Cathedral Ceiling
  • Chalet
  • Wooded Lot
  • French Doors

About This Home

As of May 2021

Impressive Cedar sided home with frontage on the Wisconsin River. Home offers 3 bedrooms and 2 baths. Large living room with double patio doors overlooking the river. Main floor laundry, walk-in Pantry, and a Lofted Master Suite. Full, unfinished walkout basement which could be finished to your liking. Home sits on a 1.27 private wooded lot. This a Fannie Mae HomePath Property.

Last Listed By

JENNIFER VOZKA

RE/MAX INVEST, LLC License #52710 - 90 Listed on: 10/09/2020

RE/MAX INVEST, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,573

Year Built

  • Built in 1980

Lot Details

  • 1.27 Acre Lot
  • River Front
  • Rural Setting
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Home Design

  • Chalet
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,776 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number LT 560-9

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,573

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Road Frontage Type: Town Road
  • Water Body Name: Wisconsin River
  • Ownership: Fee Simple
  • Directions: From Rhinelander: Hwy 47N to River Rd. Appox 3 miles to Left on West Rapids Rd. Property on Right.
  • Above Grade Finished Sq Ft: 1776.0
  • Architectural Style: Chalet/Alpine
  • Property Attached Yn: No
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Pantry

Exterior Features

  • Lot Features: Private, Rural Lot, Secluded, Wooded
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Exterior Features: Propane Tank - Leased
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Driven Well, Well

Schools

  • Elementary School: ON MHLT
  • High School: ON Lakeland Union

Lot Info

  • Lot Size Sq Ft: 55321.0
  • Parcel #: LT 560-9

Tax Info

  • Tax Annual Amount: 2573.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
May 5, 2021
Sold by
Fannie Mae
Bought by
Drossart Lauran and Drossart Jesse
Seller's Agent
JENNIFER VOZKA
RE/MAX INVEST, LLC
Buyer's Agent
Janel Pagels
REDMAN REALTY GROUP, LLC
List Price
$319,900
Sold Price
$274,900
Premium/Discount to List
-$45,000
-14.07%
Total Days on Market
212
Current Estimated Value
$399,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,797
Avg. Annual Appreciation
9.81%
Original Mortgage
$261,150
Outstanding Balance
$239,167
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$160,530

Purchase Details

Closed on
Dec 16, 2019
Sold by
Sebestyen James C and Sebestyen Kathleen
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Apr 8, 2014
Sold by
Sebestyen James C
Bought by
Grant Gerald L

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
Drossart Lauran -- None Available
Ditech Financial Llc $147,700 None Available
Grant Gerald L $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drossart Lauran $261,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $274,900 -14.1% $155 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $319,900 -- $180 / 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 $2,307 $328,700 $76,100 $252,600
2023 $2,377 $328,700 $76,100 $252,600
2022 $2,417 $229,600 $43,400 $186,200
2021 $2,632 $229,600 $43,400 $186,200
2020 $2,422 $229,600 $43,400 $186,200
2019 $2,447 $229,600 $43,400 $186,200
2018 $2,407 $229,600 $43,400 $186,200
2017 $2,348 $229,600 $43,400 $186,200
2016 $2,448 $229,600 $43,400 $186,200
2015 $2,583 $229,600 $43,400 $186,200
2014 $2,583 $229,600 $43,400 $186,200
2011 $3,081 $271,500 $79,300 $192,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 187788

Greater Northwoods MLS

APN: LT 560 9