$388,000
SOLD JUL 28, 2025

7140 Somo Ln Rhinelander, WI 54501

2 Beds
1 Bath
988 Sq Ft
0.41 Acres

Recently Sold

$393 Per Sq Ft

1% Below List Price

45 Days on Market

Highlights

  • Lake Front
  • Deck
  • Private Lot
  • Docks
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of July 2025

This 2-bedroom 1 full bath home is located on 133-acre Soo Lake a no wake lake with Musky, Walleye, Large-mouth Bass, & Pan-fish. This property has a very nice sand beach with wooded privacy & a beautiful lake view. The house has a great room with vaulted ceiling, ceiling fan, wood burning fireplace, & patio door leading to the lakeside wrap around deck. The kitchen has an island with stools, lazy susan, pantry, plenty of oak cabinets, & countertop & dining area close by. There are 2 nice sized bedrooms one with bunk beds & a double bed, both with ceiling fans. The walk out lower level has been left unfinished with two large egress windows, a free-standing fireplace, & plenty of room to add more bedrooms and a family room. Roof is 10 years old. This home has been mostly used in the summer but could make a very nice year round property to you to enjoy.

Last Agent to Sell the Property

Judy Mixis

SHOREWEST - RHINELANDER License #57961 - 90 Listed on: 06/13/2025

SHOREWEST - RHINELANDER

Last Buyer's Agent

Cassi Rupnow

SHOREWEST - MINOCQUA

SHOREWEST - MINOCQUA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,744

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 75x226
  • Lake Front
  • The property's road front is unimproved
  • Property fronts a private road
  • Rural Setting
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Stone Fireplace
  • Property Views

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Docks
  • Deck
  • Open Patio
  • Shed

Schools

  • Crescent Elementary School
  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Baseboard Heating
  • Drilled Well
  • Electric Water Heater
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 02001-0328-0001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,744

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 75x226
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Water Body Name: SOO
  • Ownership: Trust
  • Directions: Hwy 47N - left on Hwy K; Right on Pine Grove Dr; Left on Somo Lane to 7140 on Right; 7 miles from Rhinelander
  • Above Grade Finished Sq Ft: 988.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • Has Basement: Daylight, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Pantry, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Lake Front, Private, Rural Lot, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Modular/Prefab, Vinyl Siding
  • Exterior Features: Dock, Shed, Gravel Driveway
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage, Driveway

Utilities

  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well

Schools

  • Elementary School: ON Crescent
  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Lot Size Sq Ft: 17860.0
  • Parcel #: 02001-0328-0001
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1744.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Jul 28, 2025
Sold by
James C Lund Revocable Trust and James C Lund Sr Revocable Trust
Bought by
Gaudet Living Trust
Seller's Agent
Judy Mixis
SHOREWEST - RHINELANDER
Buyer's Agent
Cassi Rupnow
SHOREWEST - MINOCQUA
List Price
$390,000
Sold Price
$388,000
Premium/Discount to List
-$2,000
-0.51%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.15%
Original Mortgage
$116,000
Outstanding Balance
$116,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$269,868

Purchase Details

Closed on
Jun 11, 2013
Sold by
Lund Rachel and Lund Rachel J
Bought by
James C Lund Revocable Trust Ud Dated Ma
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
Warranty Deed $388,000 Gowey Abstract & Title
Quit Claim Deed -- Northern Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $116,000 New Conventional
Closed $45,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Sold $388,000 -0.5% $393 / Sq Ft
06/13/2025 06/13/25 For Sale $390,000 -- $395 / 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 $2,073 $142,100 $43,200 $98,900
2023 $1,964 $142,100 $43,200 $98,900
2022 $1,543 $142,100 $43,200 $98,900
2021 $2,103 $142,100 $43,200 $98,900
2020 $1,812 $142,100 $43,200 $98,900
2019 $1,839 $142,100 $43,200 $98,900
2018 $1,885 $142,100 $43,200 $98,900
2017 $1,886 $142,100 $43,200 $98,900
2016 $1,943 $142,100 $43,200 $98,900
2015 $2,008 $142,100 $43,200 $98,900
2014 $2,008 $142,100 $43,200 $98,900
2011 -- $142,100 $43,200 $98,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 212619

Greater Northwoods MLS

APN: 02001-0328-0001