NOT LISTED FOR SALE

7020 Grand Geneva Way Unit 124 Lake Geneva, WI 53147

Estimated Value: $123,000 - $301,000

1 Bed
1 Bath
696 Sq Ft
$632/mo HOA Fee

Last Sold June 30, 2021

Last sale price $85,000 $122 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,816/month

175 Days on Market

Highlights

  • Building Security
  • Main Floor Primary Bedroom
  • Exercise Course
  • Wooded Lot
  • Community Indoor Pool
  • Elevator

About This Home

As of June 2021

Lake Geneva's only waterpark condo-hotel. This property combines a luxury resort with the conveniences of home and fun of a waterpark, plus the opportunity to generate revenue! Property features indoor/outdoor waterpark, pool, mini-golf, arcade and restaurants. Grand Geneva Resort features two 18 hole golf courses, spa, snow skiing and horseback riding.

Last Agent to Sell the Property

John O'Brien

Shorewest Realtors, Inc. License #81061-94 Listed on: 12/22/2020

Shorewest Realtors, Inc.

Last Buyer's Agent

John O'Brien

Shorewest Realtors, Inc. License #81061-94 Listed on: 12/22/2020

Shorewest Realtors, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,254

Year Built

  • Built in 2001

Lot Details

  • 11.75

HOA Fees

  • $632 Monthly HOA Fees

Parking

  • Surface Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Lake Geneva Middle School
  • Badger High School

Utilities

  • Heating Available
  • High Speed Internet

Additional Features

  • Balcony
  • Wooded Lot

Listing and Financial Details

  • Exclusions: Owners personal possessions

Community Details

Overview

  • 225 Units
  • Mid-Rise Condominium
  • Timber Ridge Condos

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Exercise Course
  • Community Indoor Pool
  • Community Whirlpool Spa

Security

  • Building Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,254

Year Built

Built in 2001

Lot Details

0

HOA Fees

$632 per month

Listing Details

  • Prop. Type: Condo
  • Inclusions: All furnishings, decoratives, electronics, linens, housewares, cookware, etc. req'd for rental program
  • Directions: Hwy 50 west of Int 94 to Grand Geneva Way, proceed to timer Ridge Entrance
  • New Construction: No
  • Year Built: 2001
  • AssociationCommonAmenities: Common Green Space, Elevator, Exercise Room, Indoor Pool, Pool, Laundry Facilities, Outdoor Pool, Security, Whirlpool
  • CondoFeeMonthly: 632.0
  • CondoUnitType: 1 Story
  • Full Street Address: 7020 Grand Geneva Way #124
  • Type 5 Heat Fuel: Electric
  • Kitchen Level: Main
  • Municipality Type: Town
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Has Basement: None / Slab
  • Interior Amenities: Cable/Satellite Available, High Speed Internet
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Second Floor Total Sq Ft: 696.00

Exterior Features

  • Exclusions: Owners personal possessions
  • Exterior Features: Balcony, Patio/Porch
  • Exterior Building Type: Midrise: 3-5 Stories
  • Exterior: Brick, Brick/Stone

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Surface

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Timber Ridge
  • Association Pet Rules:Pets Permitted: No

Condo/Co-op/Association

  • Number Units In Association: 225

Schools

  • School District: Lake Geneva J1
  • Middle School: Lake Geneva
  • High School: Badger
  • High School: Badger
  • Junior High Dist: Lake Geneva J1

Lot Info

  • Zoning: Condo
  • Lot Description: Wooded

Tax Info

  • Tax Year: 2019
  • Total Taxes: 1254.0

MLS Schools

  • Middle School: Lake Geneva

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jun 25, 2021
Sold by
Schuberth William A and Schuberth Linda J
Bought by
Bihar Llc
Seller's Agent
John O'Brien
Shorewest Realtors, Inc.
Buyer's Agent
John O'Brien
Shorewest Realtors, Inc.
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$194,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,396
Avg. Annual Appreciation
21.38%
Original Mortgage
$68,000
Outstanding Balance
$12,028
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,368

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jun 9, 2021
Sold by
Angeia L Hillebold Revocable Trust
Bought by
Charles W Clark Revocable Living Trust and Kathleen A Clark Revocable Living Trust
Seller's Agent
John O'Brien
Shorewest Realtors, Inc.
Buyer's Agent
John O'Brien
Shorewest Realtors, Inc.
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$12,028
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$182,368

Purchase Details

Closed on
Oct 28, 2019
Sold by
Hillebold Charles M and Hillebold Angela L
Bought by
Hillebold Angela L and Hillebold Revocable T Angela L

Purchase Details

Closed on
Jan 4, 2005
Sold by
Lakeside Family L P
Bought by
Hillebold Charles M and Hillebold Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Bihar Llc $85,000 None Available
Charles W Clark Revocable Living Trust $165,000 Knight Barry Title Inc
Hillebold Angela L -- None Available
Hillebold Charles M $318,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bihar Llc $68,000
Previous Owner Hillebold Charles M $254,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $85,000 0.0% $122 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $85,000 -- $122 / Sq Ft
Source: Metro 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 $1,792 $170,500 $13,200 $157,300
2023 $1,988 $170,500 $13,200 $157,300
2022 $1,879 $170,500 $13,200 $157,300
2021 $1,712 $110,000 $13,200 $96,800
2020 $1,716 $110,000 $13,200 $96,800
2019 $1,759 $110,000 $13,200 $96,800
2018 $1,705 $110,000 $13,200 $96,800
2017 $1,713 $110,000 $13,200 $96,800
2016 $1,739 $110,000 $13,200 $96,800
2015 $1,821 $110,000 $13,200 $96,800
2014 $4,067 $110,000 $13,200 $96,800
2013 $4,067 $110,000 $13,200 $96,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1722191

Metro MLS

APN: NTR00210