NOT LISTED FOR SALE

7000 Rapids Rd Lake Tomahawk, WI 54539

Estimated Value: $398,000 - $446,000

2 Beds
2 Baths
1,748 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $385,000 $220 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,619/month

52 Days on Market

Highlights

  • River Front
  • Deck
  • Wetlands on Lot
  • 823,720 Sq Ft lot
  • Private Lot
  • Cathedral Ceiling

About This Home

As of September 2022

Woods, Water, Wildlife! You have it all with this country home -approximately 19 acres of land, 650 +/- feet of river frontage & the wildlife that roams the Northwoods. Elements of the property are reflected in the home with the rustic trim and tongue & groove ceilings & glass backsplash replicas the water. The main floor features living room with cathedral ceilings and wood fireplace, spacious kitchen that leads to the screened in porch, full bath and bedroom. Upper-level open loft area offers a bedroom and office space. The walkout basement provides a family room, full bath, laundry area, workshop and storage. Added bonus is the 40x30 pole building with concrete slab. Be sure to schedule enough time during your showing to take in everything this property has to offer. Walk the pathway to the river's edge or around back of home to see the creek that runs through the property - you will see why this home is like your own personal sanctuary.

Last Listed By

Lisa Alsteen

REDMAN REALTY GROUP, LLC License #52808 - 90 Listed on: 06/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,258

Year Built

  • Built in 1997

Lot Details

  • 18.91 Acre Lot
  • River Front
  • Landscaped
  • Private Lot
  • Secluded Lot

Parking

  • 4 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Wetlands on Lot
  • Deck
  • Covered patio or porch
  • Shed
  • Outbuilding

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number NE-497

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,258

Year Built

Built in 1997

Lot Details

0

Parking

4

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: Highway 47 North to Right on Bridge Road to Left on Black Lake Road. Stay Left on Black Lake Road to Right on Rapids Road. Highway 47 to Right on Bear Road to Right on River Road to Left on Rapids Road.
  • Above Grade Finished Sq Ft: 1413.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Water Softener, Washer
  • Has Basement: Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 335.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Cathedral Ceiling(s)

Exterior Features

  • Lot Features: Private, Secluded, Wetlands
  • Waterfront Features: Shoreline - Sand, River Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Exterior Features: Deck, Landscaping, Out Building(s), Shed, Propane Tank - Leased
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Four Car Garage, Four or more Spaces, Driveway

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well, Well

Lot Info

  • Current Use: Hunting
  • Lot Size Sq Ft: 823720.0
  • Parcel #: NE-497

Tax Info

  • Tax Annual Amount: 2258.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 6, 2022
Sold by
King Kathy A
Bought by
Davis Jared W and Bramley Katherine D
Seller's Agent
Lisa Alsteen
REDMAN REALTY GROUP, LLC
Buyer's Agent
Lisa Alsteen
REDMAN REALTY GROUP, LLC
List Price
$385,000
Sold Price
$385,000
Total Days on Market
52
Views
71
Current Estimated Value
$424,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,792
Avg. Annual Appreciation
3.75%
Original Mortgage
$346,500
Outstanding Balance
$333,267
Interest Rate
5.22%
Mortgage Type
Balloon
Estimated Equity
$91,526

Purchase Details

Closed on
Sep 2, 2020
Sold by
Threewitt Richard L
Bought by
Threewitt Richard and Campbell Mary Lou

Purchase Details

Closed on
Jul 25, 2013
Sold by
Hammer J Edward
Bought by
Hammer J Edward and King Kathy A

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
Davis Jared W $385,000 --
Threewitt Richard -- None Available
Hammer J Edward $85,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Jared W $346,500
Previous Owner King Kathy A $50,000
Previous Owner King Kathy A $125,000
Previous Owner Hammer James E $30,000
Previous Owner Hammer James Edward $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $385,000 0.0% $220 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $385,000 -- $220 / 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 $3,169 $217,200 $51,100 $166,100
2023 $3,001 $217,200 $51,100 $166,100
2022 $1,844 $187,000 $51,100 $135,900
2021 $2,768 $187,000 $51,100 $135,900
2020 $2,236 $187,000 $51,100 $135,900
2019 $2,242 $187,000 $51,100 $135,900
2018 $2,320 $187,000 $51,100 $135,900
2017 $2,373 $187,000 $51,100 $135,900
2016 $2,434 $187,000 $51,100 $135,900
2015 $2,275 $168,600 $52,500 $116,100
2014 $2,275 $168,600 $52,500 $116,100
2011 $2,171 $169,300 $55,200 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 197577

Greater Northwoods MLS

APN: NE 497