NOT LISTED FOR SALE

705 Murphy Ave Tomahawk, WI 54487

Estimated Value: $219,823

7 Beds
5 Baths
1,600 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $315,000 $197 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $1,370/month

39 Days on Market

Highlights

  • Lake Front
  • Deck
  • 1 Fireplace
  • 152,460 Sq Ft lot
  • Wood Burning Stove
  • Walk-In Closet

About This Home

As of August 2022

UNIQUE WATERFRONT OPPORTUNITY ON LAKE MOHAWKSIN! Investment potential and the opportunity to possibly build a home by the water or additional rental units (subject to City Zoning). The duplex features 2 BR per unit. One side has a full BA and the other side 1.5BA. Both have large living rooms, full kitchens, laundry areas, patio doors leading to an open-air deck, and a 1 car garage. All utilities are separate and paid by the tenants. The Home needs some TLC and features 3BR, large living room, dining room, kitchen, huge family room, 1.5BA and main floor laundry. There is a 2 car garage and a partial basement. Per GIS Mapping, the lot is 3.5 acres with a gentle slope down to 233+/- ft of sandy mixed Lake Mohawksin frontage. Currently the home rents for $450 the duplex for $530 with one side just vacating that rented at $575. Tenants pay all utilities. DO NOT DRIVE TO WATER OR PARK IN HOUSES DRIVEWAY! Park on right side duplex drive or road.

Last Agent to Sell the Property

Ed Raasch

WOODLAND LAKES REALTY, LLC License #49333 - 90 Listed on: 07/17/2022

Co-Listed By

Chris Raasch

WOODLAND LAKES REALTY, LLC License #56928 - 90

Last Buyer's Agent

TONY FRISCH

WOODLAND LAKES REALTY, LLC License #9622 - 94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,692

Lot Details

  • 3.5 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Crawl Space
  • Laundry on main level
  • Property Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Open Patio

Schools

  • Tomahawk Elementary And Middle School
  • Tomahawk High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Well
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 286-3506-281-0059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,692

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: City Street
  • Water Body Name: MOHAWKSIN
  • Co List Office Mls Id: 653
  • Co List Office Phone: (715)224-3800
  • Ownership: Fee Simple
  • Directions: From 4th St in Tomahawk take Hwy CC west to left on the corner of Murphy and Old Bridge St. Park on the right side of the duplex driveway or the street. DO NOT PARK IN THE HOUSE DRIVEWAY OR DRIVE DOWN TO THE WATER!
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: One and One Half Story, One Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half, One
  • Building Stories: 1
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s), Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Dead End, Lake Front, Level
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Stone, Vinyl Siding
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, One Car Garage, Two Car Garage

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Fuses
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public, Other

Schools

  • Elementary School: LI Tomahawk
  • High School: LI Tomahawk
  • Middle Or Junior School: LI Tomahawk

Lot Info

  • Lot Size Sq Ft: 152460.0
  • Parcel #: 286-3506-281-0059
  • Zoning Description: Other

Tax Info

  • Tax Annual Amount: 3692.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2022
Closed on
Aug 26, 2022
Sold by
Paul Garner and Teresa A. Garner Co-Gua
Bought by
Casey Karch
Seller's Agent
Ed Raasch
WOODLAND LAKES REALTY, LLC
Buyer's Agent
TONY FRISCH
WOODLAND LAKES REALTY, LLC
List Price
$315,000
Sold Price
$315,000
Views
11
Current Estimated Value
$219,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,177
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Casey Karch $157,500 Lincoln County Abstract
Casey Karch $157,500 Lincoln County Abstract
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $315,000 0.0% $197 / Sq Ft
07/17/2022 07/17/22 For Sale $315,000 -- $197 / 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
2022 $3,737 $176,300 $55,500 $120,800
2021 $3,692 $176,300 $55,500 $120,800
2020 $4,080 $176,300 $55,500 $120,800
2019 $4,045 $176,300 $55,500 $120,800
2018 $4,121 $176,300 $55,500 $120,800
2017 $4,090 $176,300 $55,500 $120,800
2016 $3,860 $176,300 $55,500 $120,800
2015 $3,869 $176,300 $55,500 $120,800
2014 $3,869 $176,300 $55,500 $120,800
2013 $3,869 $186,700 $55,500 $131,200
2011 $3,869 $186,700 $55,500 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 197987

Greater Northwoods MLS

APN: 286-3506-281-0059