NOT LISTED FOR SALE

7176 Timber Ln Rhinelander, WI 54501

Estimated Value: $279,183 - $428,000

2 Beds
1 Bath
624 Sq Ft
$567/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $144,000 $231 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,986/month

157 Days on Market

Highlights

  • Boathouse
  • Docks
  • Cathedral Ceiling
  • Lake Front
  • Deck
  • Recreation Facilities

About This Home

As of October 2014

INDIAN LAKE CABIN- Newly remodeled inside and out! This cabin sits at the end of a dead end road on a peninsula on Indian Lake. The lake is known for its' great fishing. There is a pier and dry boathouse with a deck on one side of the cabin and a pier with beach area on the other. There is 100' of frontage on each side. Main living and kitchen have large picture windows perfect for enjoying the lake views!

Last Agent to Sell the Property

CASSANDRA REID

RE/MAX PROPERTY PROS Listed on: 04/28/2014

Last Buyer's Agent

Marcia Pluess

FIRST WEBER - EAGLE RIVER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,245

Lot Details

  • 10,454 Sq Ft Lot
  • Lake Front
  • Street terminates at a dead end
  • Fenced Yard
  • Landscaped

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Laminate Flooring
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Open Patio

Utilities

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

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number SU1531

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,245

Lot Details

0

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 to Indian Lake Rd., go left on Timber Ln. to dead end.
  • Above Grade Finished Sq Ft: 624.0
  • Architectural Style: Cabin, One Story
  • 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, Range, Refrigerator, Washer/Dryer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Fencing: Yard Fenced
  • Lot Features: Dead End, Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Rocky, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Dock, Fence, Landscaping
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Boat House
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area

Lot Info

  • Lot Size Sq Ft: 10454.0
  • Parcel #: SU1531
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1245.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2015
Sold by
Mertes Jeffrey H
Bought by
Jeffrey H Mertes And Lisa B Mertes As Co-Trus
Current Estimated Value
$354,046

Purchase Details

Listed on
Apr 28, 2014
Closed on
Oct 3, 2014
Sold by
Mertes Mark
Bought by
Mertes Lisa
Seller's Agent
CASSANDRA REID
RE/MAX PROPERTY PROS
Buyer's Agent
Marcia Pluess
FIRST WEBER - EAGLE RIVER
List Price
$159,900
Sold Price
$144,000
Premium/Discount to List
-$15,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$115,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
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
Jeffrey H Mertes And Lisa B Mertes As Co-Trus $128,100 --
Mertes Lisa $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mertes Lisa $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $144,000 -9.9% $231 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $159,900 -- $256 / 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 $1,548 $128,300 $72,200 $56,100
2023 $1,536 $128,300 $72,200 $56,100
2022 $1,215 $128,300 $72,200 $56,100
2021 $1,332 $128,300 $72,200 $56,100
2020 $1,147 $128,100 $72,200 $55,900
2019 $1,139 $128,100 $72,200 $55,900
2018 $1,125 $128,100 $72,200 $55,900
2017 $1,119 $128,100 $72,200 $55,900
2016 $1,166 $128,100 $72,200 $55,900
2015 $1,140 $128,100 $72,200 $55,900
2014 $1,140 $128,100 $72,200 $55,900
2011 $1,279 $128,100 $72,200 $55,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 140837

Greater Northwoods MLS

APN: 03401-1531-0000