NOT LISTED FOR SALE

7680 Wheeler Island Rd Three Lakes, WI 54562

Estimated Value: $1,316,000 - $1,673,607

4 Beds
3 Baths
2,600 Sq Ft
$556/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $1,580,000 $608 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,281/month

23 Days on Market

Highlights

  • Boathouse
  • Docks
  • Ranch Style House
  • Lake Front
  • Deck
  • Radiant Floor

About This Home

As of May 2024

Three Lakes Chain-Beautiful Sprawling Ranch-208 Feet of Level, Sandy Shoreline.This turnkey, 4 bed/3 bath ranch lake home is located on the Three Lakes Chain in a quiet bay of Round Lake with its own 2-bay dry boathouse. The main living area, constructed in 2017, has an open concept kitchen/dining/living room w a field stone gas fireplace, floor to ceiling windows, and amazing lake views. Also, part of the 2017 construction is a sunroom, a master bed/bath suite, 2 more bedrooms, and additional bathroom. Pass through the attached heated 2-1/2 car garage (currently used as a man cave, complete w wet bar) into the spacious guest suite equipped with its own full bathroom and enough room for a family of five. No expenses were spared with thoughtful, custom features such as maintenance-free smart siding, energy-efficient windows, composite decking, in-floor hydronic heat, central AC (2017 addition), whole home generator, custom hickory cabinets, luxury blinds, and central home vacuum.

Last Agent to Sell the Property

Matthew Solatka

REDMAN REALTY GROUP, LLC Listed on: 03/11/2024

Last Buyer's Agent

Elli Soder

REDMAN REALTY GROUP, LLC License #57909 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,490

Lot Details

  • 1.68 Acre Lot
  • Lake Front
  • Property Fronts a Bay or Harbor
  • Level Lot

Parking

  • 1 Car Garage
  • Heated Garage
  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Radiant Floor
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Drilled Well
  • Electric Water Heater
  • Mound Septic
  • Public Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03601-1269-0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,490

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Bay/Harbor, Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: ROUND
  • Ownership: Fee Simple
  • Directions: HWY 45 to HWY 32 East to CTH X North to Wheeler Island Road North to address
  • Above Grade Finished Sq Ft: 2600.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Additional Living Quarters, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, High Ceilings, Bath in Primary Bedroom, Main Level Primary, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Level, Views, Waterfront
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Bayfront, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Deck, Dock
  • Foundation Details: Poured
  • Other Structures: Boat House
  • Patio And Porch Features: Covered, Deck
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Detached, Garage, One Car Garage, Two Car Garage, Heated Garage, Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Hot Water, Natural Gas, Radiant Floor
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Mound Septic
  • Utilities: Cable Available
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 73181.0
  • Parcel #: 03601-1269-0004

Tax Info

  • Tax Annual Amount: 6490.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 7, 2024
Sold by
Peterson Donald and Peterson Mary
Bought by
David And Susan Riebe Revocable Trust
Seller's Agent
Matthew Solatka
REDMAN REALTY GROUP, LLC
Buyer's Agent
Elli Soder
REDMAN REALTY GROUP, LLC
List Price
$1,700,000
Sold Price
$1,580,000
Premium/Discount to List
-$120,000
-7.06%
Views
61
Current Estimated Value
$1,446,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$133,131
Avg. Annual Appreciation
-6.14%

Purchase Details

Listed on
Mar 5, 2015
Closed on
Aug 22, 2015
Sold by
Schmidt John E
Bought by
Peterson Donald and Peterson Mary
Seller's Agent
Mike Miller
MILLER & ASSOCIATES REALTY LLC
Buyer's Agent
Mike Miller
MILLER & ASSOCIATES REALTY LLC
List Price
$595,000
Sold Price
$515,000
Premium/Discount to List
-$80,000
-13.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%
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
David And Susan Riebe Revocable Trust $1,580,000 Knight Barry Title
Peterson Donald $515,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $1,580,000 -7.1% $608 / Sq Ft
04/07/2024 04/07/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $1,700,000 +230.1% $654 / Sq Ft
08/22/2015 08/22/15 Sold $515,000 -13.4% $218 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $595,000 -- $252 / 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 $7,325 $590,700 $326,400 $264,300
2023 $7,264 $590,700 $326,400 $264,300
2022 $6,049 $590,700 $326,400 $264,300
2021 $6,902 $590,700 $326,400 $264,300
2020 $6,174 $590,700 $326,400 $264,300
2019 $6,192 $590,700 $326,400 $264,300
2018 $6,200 $590,700 $326,400 $264,300
2017 $5,882 $588,000 $326,400 $261,600
2016 $5,000 $555,300 $354,900 $200,400
2015 $5,076 $555,300 $354,900 $200,400
2014 $5,076 $555,300 $354,900 $200,400
2011 $5,034 $555,300 $354,900 $200,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 205882

Greater Northwoods MLS

APN: 03601-1269-0004