NOT LISTED FOR SALE

7389 Lake Rest Rd Rhinelander, WI 54501

Estimated Value: $220,000 - $442,000

3 Beds
1 Bath
634 Sq Ft
$608/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $420,000 $662 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,304/month

7 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Views
  • Docks
  • 1 Fireplace
  • Shed

About This Home

As of September 2024

Fantastic South-facing Squash Lake property with an absolutely adorable and well-cared for cottage. Small, but well laid out with plenty of living space for your family to enjoy this beautiful lake and the private outdoor setting. Use it seasonally or expand on the spacious lot to build the home of your dreams. This beautiful and crystal clear 398-acre glacial lake has over 7 miles of shoreline and 1.5 miles of that is protected and home to a variety of wildlife including Loons, Bald eagles, Osprey, Sandhill Cranes and Herons. Don’t forget the fishing –You’ll find Panfish, Largemouth Bass, Smallmouth Bass, Northern Pike, Trout and Walleye. Homes don’t come up very often on this lake, so don't wait, come see it today.

Last Agent to Sell the Property

Noel Fitzgerald

FIRST WEBER - EAGLE RIVER License #59605 - 90 Listed on: 08/30/2024

FIRST WEBER - EAGLE RIVER

Last Buyer's Agent

NON NON MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,492

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 120x279
  • Lake Front
  • Property fronts a private road
  • South Facing Home

Parking

  • 4 Parking Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 634 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Shed

Schools

  • Rhinelander High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Public Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 03801-0191-0016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,492

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 120x279
  • Road Frontage Type: Private Road
  • Water Body Name: SQUASH
  • Ownership: Fee Simple
  • Directions: Take HWY 8 to Lake Rest Rd. Go North to property on Right
  • Above Grade Finished Sq Ft: 634.0
  • 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

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl

Exterior Features

  • Lot Features: Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Dock, Shed
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Other

Schools

  • High School: ON Rhinelander

Lot Info

  • Lot Size Sq Ft: 31363.0
  • Parcel #: 03801-0191-0016

Tax Info

  • Tax Annual Amount: 2492.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 20, 2024
Sold by
Larrabee Camille A
Bought by
Michael W Delaet And Carol M Delaet Revocable and Delaet
Seller's Agent
Noel Fitzgerald
FIRST WEBER - EAGLE RIVER
Buyer's Agent
NON NON MEMBER
NON-MEMBER
List Price
$350,000
Sold Price
$420,000
Premium/Discount to List
$70,000
20%
Views
55
Current Estimated Value
$385,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,819
Avg. Annual Appreciation
-7.57%
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
Michael W Delaet And Carol M Delaet Revocable $420,000 Gowey Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $420,000 +20.0% $662 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $350,000 -- $552 / 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 $3,331 $197,500 $165,700 $31,800
2023 $2,985 $197,500 $165,700 $31,800
2022 $2,308 $197,500 $165,700 $31,800
2021 $2,999 $197,500 $165,700 $31,800
2020 $2,392 $197,500 $165,700 $31,800
2019 $2,280 $197,500 $165,700 $31,800
2018 $2,307 $197,500 $165,700 $31,800
2017 $2,372 $197,500 $165,700 $31,800
2016 $2,571 $197,500 $165,700 $31,800
2015 $2,511 $197,500 $165,700 $31,800
2014 $2,511 $197,500 $165,700 $31,800
2011 $2,252 $197,500 $165,700 $31,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 208817

Greater Northwoods MLS

APN: 03801-0191-0001