NOT LISTED FOR SALE

7010 W Rapids Rd Lake Tomahawk, WI 54539

Estimated Value: $90,000 - $473,000

0.6 Acre
$551,037 Price per Acre
26,136 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $65,000 $114 Per Sq Ft

Est. 409% increase in value since last sale

Current estimated payment $1,995/month

103 Days on Market

Highlights

  • River Front
  • Cottage
  • Wood Siding
  • Wooded Lot
  • Level Lot

About This Lot

As of November 2021

Your base camp for adventure! Close enough to everything that the Lake Tomahawk area has to offer, but far enough out to get away from it all. Find your happy place on .6 acres with 110' of serene frontage along the babbling flow of the Wisconsin River. Bring your handyman skills to rebuild the existing cabin are to start anew. Driveway is installed and accessible with plenty of building area. Access to the American Legion State Forest is a 1/4 mile away giving you 1000's of acres to hike, explore or hunt. McNaughton Park Canoe Launch is 1/4 mile in the other direction. Close to paved bike routes that can take you into downtown Lake Tomahawk. Property being Sold As-Is, Where-Is. This could be your piece of heaven in the Great Northwoods! Come check it out!

Last Listed By

Andy Gee

FIRST WEBER - MINOCQUA Listed on: 06/18/2021

FIRST WEBER - MINOCQUA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1969

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 110x260
  • River Front
  • The property's road front is unimproved
  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 572 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Well
  • No Hot Water
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number LT-559-5B

Property Details

Property Type

Land

Est. Annual Taxes

$1,132

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: River
  • Lot Size: 110x260
  • Road Frontage Type: Town Road
  • Road Surface Type: Unimproved
  • Water Body Name: Wisconsin River
  • Ownership: Fee Simple
  • Directions: From Woodruff: Hwy 47 S to Left on River Rd in Lake Tomahawk to Left on West Rapids Rd to Property on Right Fire #7010.
  • Above Grade Finished Sq Ft: 572.0
  • Architectural Style: Cabin/Cottage
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Appliances: No Hot Water
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Level, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available
  • Water Source: Driven Well, Well

Schools

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

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: LT-559-5B
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1132.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Nov 12, 2021
Sold by
Paneitz Bonnie
Bought by
Jaeger Matthew J and Jaeger Katherine J
Seller's Agent
Andy Gee
FIRST WEBER - MINOCQUA
Buyer's Agent
Andy Gee
FIRST WEBER - MINOCQUA
List Price
$65,000
Sold Price
$65,000
Total Days on Market
103
Current Estimated Value
$330,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,622
Original Mortgage
$52,000
Outstanding Balance
$3,013
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Jaeger Matthew J $65,000 Northwoods Ttl & Closing Svc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jaeger Matthew J $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $65,000 0.0% $114 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $65,000 -- $114 / 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 $1,940 $276,400 $58,800 $217,600
2023 $678 $93,800 $58,800 $35,000
2022 $659 $61,800 $60,200 $1,600
2021 $1,209 $105,500 $60,200 $45,300
2020 $1,133 $105,500 $60,200 $45,300
2019 $1,149 $105,500 $60,200 $45,300
2018 $1,125 $105,500 $60,200 $45,300
2017 $1,088 $105,500 $60,200 $45,300
2016 $1,136 $105,500 $60,200 $45,300
2015 $1,169 $105,500 $60,200 $45,300
2014 $1,169 $105,500 $60,200 $45,300
2011 $1,194 $105,500 $60,200 $45,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 191554

Greater Northwoods MLS

APN: LT 559 5B