NOT LISTED FOR SALE

7024 Soo Lake Rd Rhinelander, WI 54501

Estimated Value: $413,000 - $680,000

3 Beds
1 Bath
1,620 Sq Ft
$309/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $363,500 $224 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,988/month

229 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Wooded Lot
  • 1,611,720 Sq Ft lot
  • Private Lot
  • 1 Fireplace

About This Home

As of September 2019

This rare waterfront acreage parcel offers 37+/- acres of mixed, mature tree cover & 980+/- ft of frontage on slow, no-wake Soo Lake, this privacy parcel is the perfect place to make your quiet haven among abundant wildlife. Enjoy the sounds of loons, not jet skis. Set in a level clearing overlooking the lake, the property features a 3BR, 1BA home w/westerly lake views, living room w/ wood-burning fireplace, full basement w/ rec room & large workshop area, 2-car attached garage, 2 additional outbuildings for added utility, and garden/food plot space. The shoreline is mixed, offering both swimming and fisherman's frontage allowing for recreational enjoyment, while maintaining natural beauty. Soo Lake has NO public access and maintains a healthy and desirable fishery according to locals. Whether it's hunting, fishing, or simply solitude, this property supports all of the above. Schedule your informed showing today.

Last Agent to Sell the Property

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 01/15/2019

FIRST WEBER - RHINELANDER

Last Buyer's Agent

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 01/15/2019

FIRST WEBER - RHINELANDER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,084

Lot Details

  • 37 Acre Lot
  • Lake Front
  • Property Fronts a Bay or Harbor
  • Rural Setting
  • West Facing Home
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Property Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding

Schools

  • Rhinelander High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number NE 335

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,084

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Bay/Harbor, Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: SOO
  • Ownership: Fee Simple
  • Directions: From intersection of Hwy K & 47 follow K West 3.8 miles to Right on Soo Lake Rd, follow Soo Lake Rd .3 mile to property on Right
  • Above Grade Finished Sq Ft: 1365.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 255.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl

Exterior Features

  • Lot Features: Lake Front, Private, Rural Lot, Secluded, Wooded, Waterfront
  • View: Yes
  • Waterfront Features: Bayfront, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: West
  • Exterior Features: Out Building(s)
  • Other Structures: Outbuilding
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Car Garage, Driveway

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Driven Well, Well

Schools

  • High School: ON Rhinelander

Lot Info

  • Current Use: Hunting
  • Lot Size Sq Ft: 1611720.0
  • Parcel #: NE 335
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4084.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Sep 3, 2019
Sold by
Dunn Thomas J and Dunn Tj
Bought by
Fischbuch Paul B and Fischbuch Elza T
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
List Price
$362,900
Sold Price
$363,500
Premium/Discount to List
$600
0.17%
Current Estimated Value
$501,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,673
Avg. Annual Appreciation
5.35%
Original Mortgage
$327,150
Outstanding Balance
$217,514
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$283,659
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
Fischbuch Paul B $363,500 Northern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischbuch Paul B $327,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2019 09/03/19 Sold $363,500 +0.2% $224 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $362,900 -- $224 / 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 $4,318 $296,000 $191,800 $104,200
2023 $4,090 $296,000 $191,800 $104,200
2022 $3,072 $296,000 $191,800 $104,200
2021 $4,381 $296,000 $191,800 $104,200
2020 $3,679 $296,000 $191,800 $104,200
2019 $3,908 $296,000 $191,800 $104,200
2018 $4,008 $296,000 $191,800 $104,200
2017 $4,009 $296,000 $191,800 $104,200
2016 $4,132 $296,000 $191,800 $104,200
2015 $1,061 $72,500 $72,500 $0
2014 $1,061 $72,500 $72,500 $0
2011 $991 $72,500 $72,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 176049

Greater Northwoods MLS

APN: 02001-0335-0000