NOT LISTED FOR SALE

7148 Timber Ln Rhinelander, WI 54501

Estimated Value: $404,000 - $469,000

2 Beds
1.5 Baths
1,315 Sq Ft
$324/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $335,000 $255 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,401/month

49 Days on Market

Highlights

  • Lake Front
  • Deck
  • 2 Car Detached Garage
  • Docks
  • Wood Flooring
  • Open Patio

About This Home

As of October 2022

Literally at waters edge is this cozy 2 bedroom, 1.5 bath year round home on highly sought after 397 acre Indian Lake. Conveniently located between Eagle River and Rhinelander in Sugar Camp the main level features a living room with wood floors and lake views, kitchen, dining area, bedroom, mudroom and full bath. Walkout lower level features a family room, bedroom and 1/2 bath, along with a utility room. Lakeside deck for entertaining and enjoying the water views. Plenty of storage space with a 24x32 detached garage with additional storage above. Perfect for the outdoor recreation enthusiast...boating and fishing right out your back door, along with snowmobiling and ice fishing in the winter months. Recent upgrades include well, furnace, water heater and water conditioner.

Last Agent to Sell the Property

Bob Merz

RE/MAX PROPERTY PROS License #56837 - 94 Listed on: 09/07/2022

RE/MAX PROPERTY PROS

Last Buyer's Agent

DAVID LONG

WILD RIVERS GROUP REAL ESTATE, LLC License #96878 - 94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,423

Lot Details

  • 0.36 Acre Lot
  • Lake Front

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Window Egress

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

  • Sugar Camp Elementary School
  • Three Lakes Middle School
  • Three Lakes High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Water Softener
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 03401-1522-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,423

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
  • Water Body Name: INDIAN
  • Ownership: Fee Simple
  • Directions: Hwy 17 S to a left on Indian Lake Rd. Follow to left on Timber Ln. #7148 on Left.
  • Above Grade Finished Sq Ft: 832.0
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Microwave, Range, Refrigerator, Water Softener
  • Has Basement: Exterior Entry, Egress Windows, Full, Interior Entry, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 483.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed, Wood
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Driven Well, Well

Schools

  • Elementary School: ON Sugar Camp
  • High School: ON Three Lakes
  • Middle Or Junior School: ON Three Lakes

Lot Info

  • Lot Size Sq Ft: 15682.0
  • Parcel #: 03401-1522-0000

Tax Info

  • Tax Annual Amount: 1423.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 27, 2022
Sold by
Kaiser Linda M
Bought by
Kotecki Robert and Kotecki Julie
Seller's Agent
Bob Merz
RE/MAX PROPERTY PROS
Buyer's Agent
DAVID LONG
WILD RIVERS GROUP REAL ESTATE, LLC
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Views
84
Current Estimated Value
$426,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,272
Avg. Annual Appreciation
8.33%
Original Mortgage
$167,500
Outstanding Balance
$160,014
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$266,258

Purchase Details

Closed on
Jan 3, 2012
Sold by
Rychlock David P
Bought by
Kaiser Linda M
Source: Public Records

Range of Values:

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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
Kotecki Robert $335,000 Vilas Title
Kaiser Linda M $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotecki Robert $167,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $335,000 +3.1% $255 / Sq Ft
09/07/2022 09/07/22 For Sale $325,000 -- $247 / 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 $1,989 $164,900 $90,400 $74,500
2023 $1,974 $164,900 $90,400 $74,500
2022 $1,487 $156,300 $90,400 $65,900
2021 $1,622 $156,300 $90,400 $65,900
2020 $1,409 $156,300 $90,400 $65,900
2019 $1,399 $156,300 $90,400 $65,900
2018 $1,382 $156,300 $90,400 $65,900
2017 $1,374 $156,300 $90,400 $65,900
2016 $1,432 $156,300 $90,400 $65,900
2015 $1,336 $156,300 $90,400 $65,900
2014 $1,336 $156,300 $90,400 $65,900
2011 $1,521 $156,300 $90,400 $65,900
Source: Public Records

Agents Affiliated with this Home

  • Bob Merz

    Seller's Agent in 2022

    Bob Merz

    RE/MAX

    (715) 891-0921

    223 Total Sales

    Bob Merz
    Section Image
  • DAVID LONG

    Buyer's Agent in 2022

    DAVID LONG

    WILD RIVERS GROUP REAL ESTATE, LLC

    (715) 575-9486

    36 Total Sales

    DAVID LONG
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 198863

Greater Northwoods MLS

APN: 03401-1522-0000

Wisconsin Oneida County Rhinelander 54501

7148 Timber Ln, Rhinelander, WI

This home is located at 7148 Timber Ln, Rhinelander, WI 54501 since 07 September 2022 and is currently estimated at $426,272, approximately $324 per square foot. 7148 Timber Ln is a home located in Oneida County with nearby schools including Three Lakes High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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