NOT LISTED FOR SALE

7381 Lake Rest Rd Rhinelander, WI 54501

Estimated Value: $508,000 - $653,000

3 Beds
2 Baths
1,480 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 24, 2019

Last sale price $300,000 $203 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,550/month

46 Days on Market

Highlights

  • Lake Front
  • Deck
  • Private Lot
  • Docks
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of April 2019

Here is a fantastic opportunity to own an outstanding property on a exceptional lake!!! Clear water 392 acres Squash Lake is appx. 74' deep and is a full recreational lake. Property is set up to maximize your enjoyment of waterfront ownership and the Northern Wisconsin lifestyle. Home features 3 bedrooms, 2 baths, family room, gaming/recreational area, wet bar, open lakeside deck across entire home, covered side deck, open concept living room and kitchen overlooking 100' of beautiful sand/gravel shoreline. Other features to include a 2 1/2 car detached garage, drilled well, conventional septic and pier. Interior of home has been recently painted with neutral colors and is waiting for your personal touch. There are ATV & snowmobile trails nearby as well as thousands of acres of county & state forest lands for your off water adventures. Call today for a personal showing of this great property.

Last Agent to Sell the Property

Scott Freimuth

NORWISREALTY.COM LLC License #49270 - 90 Listed on: 03/04/2019

Last Buyer's Agent

Scott Freimuth

NORWISREALTY.COM LLC License #49270 - 90 Listed on: 03/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,934

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 100x280
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Rural Setting
  • South Facing Home
  • Private Lot
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Docks
  • Deck
  • Covered Patio or Porch

Schools

  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Gas Water Heater
  • Water Softener
  • Public Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number WB 191-3

Community Details

Amenities

  • Shops

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,934

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 100x280
  • Road Frontage Type: Private Road
  • Water Body Name: SQUASH
  • Ownership: Trust
  • Directions: From the intersection of Hwy 8 & Hwy 47 in Rhinelander go West on Hwy 8 approx. 6.5 miles to left on Lake Rest Road to property and sign on right.
  • Above Grade Finished Sq Ft: 1000.0
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • 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: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Water Softener, Washer
  • Has Basement: Daylight, Exterior Entry, Egress Windows, Full, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 533.0
  • Fireplace Features: Free Standing, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Mixed, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Other, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Dead End, Easy Access, Lake Front, Private, Rural Lot, Secluded, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Gravel, Shoreline - Rocky, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Exterior Features: Deck, Dock, Gravel Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Open
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Utilities: Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area, Shopping, Skiing

Schools

  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Lot Size Sq Ft: 26572.0
  • Parcel #: WB 191-3
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3934.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Apr 24, 2019
Sold by
The Tschantz Family Trust
Bought by
The Czar Trust
Seller's Agent
Scott Freimuth
NORWISREALTY.COM LLC
Buyer's Agent
Scott Freimuth
NORWISREALTY.COM LLC
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$586,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,150
Avg. Annual Appreciation
10.82%
Original Mortgage
$240,000
Outstanding Balance
$211,003
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$375,147
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
The Czar Trust $300,000 Oneida Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Czar Trust $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2019 04/24/19 Sold $300,000 0.0% $203 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $299,900 -- $203 / 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 $5,606 $332,400 $174,300 $158,100
2023 $5,023 $332,400 $174,300 $158,100
2022 $3,923 $332,400 $174,300 $158,100
2021 $5,048 $332,400 $174,300 $158,100
2020 $4,073 $332,400 $174,300 $158,100
2019 $3,887 $332,400 $174,300 $158,100
2018 $3,934 $332,400 $174,300 $158,100
2017 $4,044 $332,400 $174,300 $158,100
2016 $4,380 $332,400 $174,300 $158,100
2015 $4,274 $332,400 $174,300 $158,100
2014 $4,274 $332,400 $174,300 $158,100
2011 $3,832 $332,400 $174,300 $158,100
Source: Public Records

Agents Affiliated with this Home

  • Scott Freimuth

    Seller's Agent in 2019

    Scott Freimuth

    NORWISREALTY.COM LLC

    (800) 886-4596

    107 Total Sales

    Scott Freimuth
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Map

Source: Greater Northwoods MLS

MLS Number: 176580

Greater Northwoods MLS

APN: 03801-0191-0003

Wisconsin Oneida County Rhinelander 54501

7381 Lake Rest Rd, Rhinelander, WI

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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