NOT LISTED FOR SALE

7174 Somo Ln Rhinelander, WI 54501

Estimated Value: $292,000 - $308,000

3 Beds
3 Baths
2,650 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $335,000 $126 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,660/month

78 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • Wooded Lot
  • Deck
  • Secluded Lot
  • Wood Flooring

About This Home

As of August 2018

Calming and tranquil aptly describe this 3 BR, 3 BA home w/425 ft of frontage on Soo Lake! The main level features a Frasier's kitchen w/ solid surface countertops & vaulted ceiling, adjoining dining area, sitting area, 2 bedrooms, a full bath, and the living room w/ gas fireplace & gorgeous oak flooring. The spacious master suite occupies the second level w/ full bath & private screened deck overlooking the water. The lower level provides a family room w/ walkout, third full bath, and a workshop & additional storage space. Set on a 2 acre, westerly-facing lot, the exterior enjoys a park-like setting with beautiful mature tree cover and an expansive Trex deck for BBQ-ing & relaxing from sunrise to sunset. Soo Lake is a private no-wake lake, offering 133 acres of water to boat, canoe, kayak, paddle board or fish. Though you won't hear the droning of jetskis or sounds of the city, Rhinelander's conveniences are just minutes away from peaceful Soo Lake.

Last Agent to Sell the Property

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 06/09/2018

FIRST WEBER - RHINELANDER

Last Buyer's Agent

Cecily Dawson

LAKELAND REALTY License #58805 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,298

Lot Details

  • 2 Acre Lot
  • Lake Front
  • The property's road front is unimproved
  • Property fronts a private road
  • Rural Setting
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Additional Parking

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Rhinelander High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Propane Water Heater

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number NE 328-9 & 328-7

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,298

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Water Body Name: SOO
  • Ownership: Fee Simple
  • Directions: From Hwy K & 47, K West 3.5 miles to R on Pine Grove .5 mile to L on Somo Lane .7 mile to property
  • Above Grade Finished Sq Ft: 2080.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Propane Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 570.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Easy Access, Lake Front, Rural Lot, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Deck, Shed
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area

Schools

  • High School: ON Rhinelander

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: NE 328-9 & 328-7
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 5298.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Aug 29, 2018
Sold by
Knops Carole A
Bought by
Howell Christopher W and Howell Robert F
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
Cecily Dawson
LAKELAND REALTY
List Price
$379,500
Sold Price
$335,000
Premium/Discount to List
-$44,500
-11.73%
Current Estimated Value
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,000
Avg. Annual Appreciation
-1.53%
Original Mortgage
$265,000
Outstanding Balance
$92,326
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$207,674
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 Buyer Sale Price Title Company
Howell Christopher W $335,000 Northwoods Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Christopher W $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $335,000 -11.7% $126 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $379,500 -- $143 / 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 $1,040 $71,300 $69,800 $1,500
2023 $985 $71,300 $69,800 $1,500
2022 $741 $71,300 $69,800 $1,500
2021 $1,055 $71,300 $69,800 $1,500
2020 $875 $71,300 $69,800 $1,500
2019 $887 $71,300 $69,800 $1,500
2018 $908 $71,300 $69,800 $1,500
2017 $908 $71,300 $69,800 $1,500
2016 $936 $71,300 $69,800 $1,500
2015 $972 $71,300 $69,800 $1,500
2014 $972 $71,300 $69,800 $1,500
2011 $1,173 $90,300 $88,800 $1,500
Source: Public Records

Agents Affiliated with this Home

  • Ron Skagen

    Seller's Agent in 2018

    Ron Skagen

    FIRST WEBER - RHINELANDER

    (715) 550-8244

    246 Total Sales

    Ron Skagen
    Section Image
  • Cecily Dawson

    Buyer's Agent in 2018

    Cecily Dawson

    LAKELAND REALTY

    (920) 366-0088

    370 Total Sales

    Cecily Dawson
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 172444

Greater Northwoods MLS

APN: NE 328 7

Wisconsin Oneida County Rhinelander 54501

7174 Somo Ln, Rhinelander, WI

This home is located at 7174 Somo Ln, Rhinelander, WI 54501 since 09 June 2018 and is currently estimated at $300,000, approximately $113 per square foot. 7174 Somo Ln is a home located in Oneida County with nearby schools including Crescent Elementary School, James Williams Middle School, and Rhinelander 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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