NOT LISTED FOR SALE

7686 Wheeler Island Rd Three Lakes, WI 54562

Estimated Value: $491,000 - $559,000

2 Beds
1 Bath
486 Sq Ft
$1,053/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $376,869 $775 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,129/month

18 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • 1 Fireplace
  • Docks
  • Cathedral Ceiling
  • Views

About This Home

As of August 2021

THREE LAKES CHAIN COTTAGE - Are you looking for a charming little cottage on BIG WATER on prestigious Wheeler Island Rd? This cozy 2-BR, 1-BA lakefront cabin is located on 100' of level, PERFECT SAND FRONTAGE on Round Lk, on the World's Largest Chain of Lakes (28 lakes). Wear your flip-flops to see this one, because you are going to want to dip your toes in the water and feel that gorgeous, golden sand! The three-sided screen porch and the cedar, vaulted ceilings, and walls pack this little cottage full of Northwoods character. Trees surround the .77-acres and yard, so it feels much more private than your typical 100' lot. Look for the beautiful birch trees and the fawn that was born on the little island to the east of the pier - she is usually frolicking around in the yard! Furnishings, household items, row boat included. Maybe you are looking to build your dream home someday and this is the perfect spot because you can utilize the seasonal cabin until you are ready to break ground!

Last Agent to Sell the Property

David Eliason

ELIASON REALTY - EAGLE RIVER License #49853 - 90 Listed on: 06/22/2021

Last Buyer's Agent

David Eliason

ELIASON REALTY - EAGLE RIVER License #49853 - 90 Listed on: 06/22/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1957

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 100x412
  • Lake Front
  • Property fronts an easement
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 486 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Docks
  • Shed

Schools

  • Three Lakes Elementary And Middle School
  • Three Lakes High School

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Drilled Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number TL-1269-9

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,787

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 100x412
  • Road Frontage Type: Easement
  • Water Body Name: ROUND
  • Ownership: Fee Simple
  • Directions: From Highway X in Three Lakes, turn left on Wheeler Island Rd to #7868. Sign on property.
  • Above Grade Finished Sq Ft: 486.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1957
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Buildable, Lake Front, Level
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Shed, Propane Tank - Leased
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Propane, Space Heater
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Schools

  • Elementary School: ON Three Lakes
  • High School: ON Three Lakes
  • Middle Or Junior School: ON Three Lakes

Lot Info

  • Lot Size Sq Ft: 33541.0
  • Parcel #: TL-1269-9
  • Zoning Description: Other

Tax Info

  • Tax Annual Amount: 2787.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Aug 25, 2021
Sold by
Heidorn Glenn V and Heidorn Patricia D
Bought by
Krempely Christopher J and Krempely Sharon A
Seller's Agent
David Eliason
ELIASON REALTY - EAGLE RIVER
Buyer's Agent
David Eliason
ELIASON REALTY - EAGLE RIVER
List Price
$376,869
Sold Price
$376,869
Current Estimated Value
$524,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,152
Avg. Annual Appreciation
6.45%
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
Krempely Christopher J $376,900 Shoreline Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $376,869 0.0% $775 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $376,869 -- $775 / 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 $3,284 $264,800 $235,200 $29,600
2023 $3,256 $264,800 $235,200 $29,600
2022 $2,693 $264,800 $235,200 $29,600
2021 $3,094 $264,800 $235,200 $29,600
2020 $2,744 $264,800 $235,200 $29,600
2019 $2,752 $264,800 $235,200 $29,600
2018 $2,755 $264,800 $235,200 $29,600
2017 $2,627 $264,800 $235,200 $29,600
2016 $2,583 $288,900 $256,900 $32,000
2015 $2,708 $294,500 $256,900 $37,600
2014 $2,708 $294,500 $256,900 $37,600
2011 $2,678 $294,500 $256,900 $37,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 191728

Greater Northwoods MLS

APN: TL 1269 9