NOT LISTED FOR SALE

7303 State Highway 47 Unit 5 Lake Tomahawk, WI 54539

Estimated Value: $266,000 - $585,000

1 Bed
1 Bath
708 Sq Ft
0.83 Acres

Last Sold August 20, 2012

Last sale price $125,000 $177 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $2,073/month

96 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Boat Slip
  • Docks
  • Boat Lift
  • Ranch Style House

About This Home

As of August 2012

The King of the Minocqua Chain... 3,500+/- acres with only 400+/- owners on the entire lake. Endless State Owned Shorelines, crystal clear waters...one of the top ranked lakes in the state! Year round condo has Southerly facing lake views and its own boat slip with a new Shore Station that is included in the sale! The old resort was completely renovated in 2009. Building has new cedar siding, new roof, new shared well, new septic. The interior is nicely finished with wood and carpet flooring, excellent lake views, tasteful kitchen with all appliances included, and full bath with washer/dryer. The association fees are only $400/yr. Association allows weekly rentals!! Very good potential for rental income. 2 parking spaces included. Swim at the shoreline or out to the raft. After a full day of boating the Chain of Lakes, enjoy the lakeside firepit! Walking distance to the town of Lake Tomahawk to delight in dining and the activities.

Last Listed By

Adam Redman

REDMAN REALTY GROUP, LLC Listed on: 04/20/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,054

Lot Details

  • Lake Front
  • Open Space
  • South Facing Home
  • Sloped Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar
  • Stone

Interior Spaces

  • 708 Sq Ft Home
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Shared Driveway

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Boat Slip
  • Docks

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Baseboard Heating
  • Shared Well
  • Electric Water Heater
  • Public Septic Tank
  • Shared Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number LT 1139

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • Lake Tomahawk Bayview Condo Subdivision
  • Shops

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,054

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Water Body Name: TOMAHAWK
  • Ownership: Fee Simple,Condominium
  • Subdivision Name: Lake Tomahawk Bayview Condo
  • Directions: Hwy 51N, (R)on CTH J, (R) on Hwy 47, driveway on (R) before Town of Lake Tomahawk
  • Above Grade Finished Sq Ft: 708.0
  • Architectural Style: Ranch
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Mixed, Wood

Exterior Features

  • Lot Features: Lake Front, Open Space, Sloped, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Boat Ramp/Lift Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame, Stone
  • Direction Faces: South
  • Exterior Features: Boat Lift, Boat Slip, Dock
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: None, Driveway, Shared Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Shared Septic
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Community Features: Recreation Area, Shopping
  • Association Fee: 34.0
  • Common Interest: Condominium

Schools

  • Elementary School: ON MHLT
  • High School: ON Lakeland Union

Lot Info

  • Lot Size Sq Ft: 36155.0
  • Parcel #: LT 1139
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 2054.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Marin Roberto
Bought by
Rustic Pines Bmv Llc
Total Days on Market
96
Current Estimated Value
$360,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2023
Sold by
Schenck Randall
Bought by
Marin Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2022
Sold by
Stodola James G and Stodola Karen L
Bought by
Schenck Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2020
Sold by
Stodola James G and Stodola Karen L
Bought by
Groy Sara L and Stodola Emma M

Purchase Details

Closed on
Jun 18, 2019
Sold by
Deal Raymond J and Deal Kathryn A
Bought by
Stodola James G and Stodola Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2012
Closed on
Aug 23, 2012
Sold by
Mcdonald Robert E and Mcdonald Jennifer M
Bought by
Deal Raymond J and Deal Kathryn A
Seller's Agent
Adam Redman
REDMAN REALTY GROUP, LLC
Buyer's Agent
THE HERVEY TEAM
REDMAN REALTY GROUP, LLC
List Price
$129,500
Sold Price
$125,000
Premium/Discount to List
-$4,500
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$93,750
Interest Rate
3.52%
Mortgage Type
New Conventional

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
Rustic Pines Bmv Llc -- None Listed On Document
Marin Roberto $240,000 Attorneys Title
Schenck Randall $240,000 Vilas Title
Stodola James G $139,000 Vilas Title Service In
Deal Raymond J $125,000 Oneida Title & Abstract, Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marin Roberto $192,000
Previous Owner Schenck Randall $192,000
Previous Owner Stodola James G $103,500
Previous Owner Deal Raymond J $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2012 08/20/12 Sold $125,000 -3.5% $177 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $129,500 -- $183 / 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 $1,931 $275,100 $195,000 $80,100
2023 $1,989 $275,100 $195,000 $80,100
2022 $2,252 $186,600 $131,600 $55,000
2021 $2,023 $176,500 $131,600 $44,900
2020 $2,129 $176,500 $131,600 $44,900
2019 $1,945 $176,500 $131,600 $44,900
2018 $1,905 $176,500 $131,600 $44,900
2017 $1,842 $176,500 $131,600 $44,900
2016 $1,924 $176,500 $131,600 $44,900
2015 $1,978 $176,500 $131,600 $44,900
2014 $1,978 $176,500 $131,600 $44,900
2011 $2,020 $176,500 $131,600 $44,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 125595

Greater Northwoods MLS

APN: LT 1139