NOT LISTED FOR SALE

7163 Arbutus Dr Eagle River, WI 54521

Estimated Value: $471,000 - $638,000

4 Beds
2 Baths
1,920 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $375,000 $195 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,138/month

59 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wooded Lot
  • Docks
  • Wood Burning Stove
  • Ranch Style House

About This Home

As of September 2020

This gorgeous lake home offers the perfect amount of wooded privacy for you to fully enjoy the Northwoods! Located just 15 minutes south of downtown Eagle River, this four-bedroom, two-bathroom home features an open concept. The home was completely remodeled in 2008, which included the roof, well, kitchen/appliances, light fixtures and new maple hardwood floors. Sliding doors off the main floor open to a composite deck where you can enjoy views over 100 feet of western exposure frontage on Indian Lake! A blacktop driveway leads to a spacious two-car garage. From there, beautiful landscaping and an immaculate brick paver walkway lead you right to the front door! If you've been looking for that perfect lake home, look no more!

Last Agent to Sell the Property

Stephanie Wotachek

REDMAN REALTY GROUP, LLC License #59546 - 90 Listed on: 07/17/2020

Last Buyer's Agent

Adam Gohlke

GOLD BAR REALTY License #51440 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,114

Year Built

  • Built in 1988

Lot Details

  • 0.48 Acre Lot
  • Lake Front
  • West Facing Home
  • Stone Retaining Walls
  • Landscaped
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Wood Burning Stove
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

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
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Drilled Well

Community Details

  • Indian Lake Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03401-1601-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,114

Year Built

Built in 1988

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: INDIAN
  • Ownership: Trust
  • Subdivision Name: Indian Lake Estates
  • Directions: Hwy 51N to a right on CTH J. Take a right on Hwy 70 to a right on Hwy 17. Left on Ripco Rd to a right on Arbutus Dr. #7163, sign on property.
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Egress Windows, Full, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 960.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Main Level Primary, Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Wooded, Retaining Wall
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: West
  • Exterior Features: Dock, Landscaping, Shed, Paved Driveway
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • 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, Driveway

Utilities

  • Heating: Hot Water, Natural Gas, Radiant Floor
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 20909.0
  • Parcel #: 03401-1601-0000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2114.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 15, 2020
Sold by
Jarcs Income Trust
Bought by
Sauter Douglas C and Sauter Lori A
Seller's Agent
Stephanie Wotachek
REDMAN REALTY GROUP, LLC
Buyer's Agent
Adam Gohlke
GOLD BAR REALTY
List Price
$372,500
Sold Price
$375,000
Premium/Discount to List
$2,500
0.67%
Current Estimated Value
$551,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,192
Avg. Annual Appreciation
7.57%
Original Mortgage
$339,052
Outstanding Balance
$241,421
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$309,771

Purchase Details

Closed on
Apr 25, 2014
Sold by
Jose A Jose A and Suarez Cynthia
Bought by
Jarcs Income Trust Dated April 25 2014
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
Sauter Douglas C $375,000 None Available
Jarcs Income Trust Dated April 25 2014 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sauter Douglas C $339,052
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $375,000 +0.7% $195 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $372,500 -- $194 / 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 $2,999 $248,600 $119,000 $129,600
2023 $2,977 $248,600 $119,000 $129,600
2022 $2,297 $239,400 $119,000 $120,400
2021 $2,485 $239,400 $119,000 $120,400
2020 $2,128 $233,800 $119,000 $114,800
2019 $2,114 $233,800 $119,000 $114,800
2018 $2,089 $233,800 $119,000 $114,800
2017 $2,075 $233,800 $119,000 $114,800
2016 $2,161 $233,800 $119,000 $114,800
2015 $2,111 $233,800 $119,000 $114,800
2014 $2,111 $233,800 $119,000 $114,800
2011 $2,365 $233,800 $119,000 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 186002

Greater Northwoods MLS

APN: SU 1601