$166,000
SOLD OCT 25, 2018

7041 Crab Lake Rd Presque Isle, WI 54557

2 Beds
1 Bath
936 Sq Ft
1.7 Acres

Recently Sold

$177 Per Sq Ft

12% Below List Price

303 Days on Market

Highlights

  • Lake Front
  • Docks
  • Private Lot
  • North Lakeland Elementary School Rated A
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of August 2020

Charming little, very AFFORDABLE, 2 bedroom, 1 bath home on the spectacular Presque Isle - 3 lake chain. Easy access off of S. Crab Lake Road and a beautiful view of Van Vliet Lake. The interior of this home has T&G walls. A free-standing Vermont stove keeps the home warm and cozy on the coldest winter days. The bath is full with newer tile floor. Both the home and 2 car garage have wavy Cedar siding. In the heart of snowmobile, fishing and hunting territory. Private, yet not too far from Presque Isle and Manitowish Waters for convenient shopping. Lots of room to add on, or up, if you want a larger home. This could be YOUR PERFECT NORTHWOODS GET-AWAY!

Last Agent to Sell the Property

JUDITH SCHMIDT ARNOLD

SCHMIDT-HAUS REALTY Listed on: 12/12/2017

Last Buyer's Agent

DANIEL MEIER

SCHMIDT-HAUS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1996

Lot Details

  • 1.7 Acre Lot
  • Lake Front
  • Private Lot
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 936 Sq Ft Home
  • Wood Burning Stove
  • Free Standing Fireplace
  • Water Views
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio

Schools

  • North Lakeland Elementary And Middle School
  • Lakeland Union High School

Utilities

  • Baseboard Heating
  • Underground Utilities
  • Drilled Well
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 22-686

Community Details

Amenities

  • Shops

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: VAN VLIET
  • Ownership: Fee Simple
  • Directions: Hwy. W north to right on Hwy. K to Left on Hwy P to right on Crab Lake Rd. to Fire#7041 on left and RE sign.
  • Above Grade Finished Sq Ft: 936.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Walk-In Closet(s)

Exterior Features

  • Lot Features: Easy Access, Lake Front, Private, Secluded, Sloped, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Exterior Features: Dock, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Driveway

Utilities

  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Utilities: Electricity Available, Phone Available, Underground Utilities
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area, Shopping, Skiing

Schools

  • Elementary School: VI North Lakeland
  • High School: ON Lakeland Union
  • Middle Or Junior School: VI North Lakeland

Lot Info

  • Current Use: Hunting
  • Lot Size Sq Ft: 74052.0
  • Parcel #: 22-686

Tax Info

  • Tax Annual Amount: 1534.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Aug 27, 2020
Sold by
Sylvester Lisa M
Bought by
Brown Neil E and Brown Jennifer N
Seller's Agent
DANIEL MEIER
SCHMIDT-HAUS REALTY
Buyer's Agent
DANIEL MEIER
SCHMIDT-HAUS REALTY
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%
Current Estimated Value
$342,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,722
Avg. Annual Appreciation
3.83%
Original Mortgage
$228,000
Outstanding Balance
$168,514
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$174,208

Purchase Details

Listed on
Dec 12, 2017
Closed on
Oct 25, 2018
Sold by
Wood Ross K
Bought by
Sylvester Lisa M
Seller's Agent
JUDITH SCHMIDT ARNOLD
SCHMIDT-HAUS REALTY
Buyer's Agent
DANIEL MEIER
SCHMIDT-HAUS REALTY
List Price
$189,000
Sold Price
$166,000
Premium/Discount to List
-$23,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.14%
Original Mortgage
$132,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2005
Sold by
Orel Albert J
Bought by
Wood Ross K
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 Type Sale Price Title Company
Deed $85,000 Vilas Title Service Inc
Warranty Deed $166,000 Vilas Title Service Inc
Personal Reps Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $132,800 New Conventional
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $285,000 -1.4% $276 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $289,000 +74.1% $280 / Sq Ft
10/25/2018 10/25/18 Sold $166,000 -12.2% $177 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $189,000 -- $202 / 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 $1,583 $199,500 $120,000 $79,500
2023 $1,386 $199,500 $120,000 $79,500
2022 $1,328 $199,500 $120,000 $79,500
2021 $1,412 $199,500 $120,000 $79,500
2020 $1,430 $199,500 $120,000 $79,500
2019 $1,447 $189,500 $120,000 $69,500
2018 $1,429 $189,500 $120,000 $69,500
2017 $1,585 $237,500 $144,000 $93,500
2016 $1,534 $237,500 $144,000 $93,500
2015 $1,529 $237,500 $144,000 $93,500
2014 $1,546 $237,500 $144,000 $93,500
2013 $1,673 $237,500 $144,000 $93,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 169010

Greater Northwoods MLS

APN: 22-686