NOT LISTED FOR SALE

7816 Wheeler Island Rd Three Lakes, WI 54562

Estimated Value: $944,000 - $977,000

4 Beds
3 Baths
2,488 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $587,500 $236 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,697/month

59 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • Cathedral Ceiling
  • Docks
  • Contemporary Architecture
  • Detached Garage

About This Home

As of December 2020

You will never get tired of the expansive lake views, the perfect combination of woods and lawn, and the level, ripple sand swimming frontage! This spacious year around home or Northwoods Cabin has 4 bedrooms, 3 full baths, lower level walk-out and beautiful 3 seasons room. Located on prestigious "Wheeler Island Road" with almost 2.5 acres and 250 FEET of frontage on Planting Ground Lake, which is the largest lake on the Three Lakes/Eagle River Chain of 28 lakes. The garage is oversized for all your toys and tools. The "outlot" across the road is included and You are only about 4 miles from town and on the snowmobile/atv trails.

Last Agent to Sell the Property

ELLI SODER

RE/MAX NORTHERN LAKES LLC Listed on: 10/01/2020

Co-Listed By

SCOTT SODER

RE/MAX NORTHERN LAKES LLC

Last Buyer's Agent

David Eliason

ELIASON REALTY - EAGLE RIVER License #49853 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,168

Year Built

  • Built in 1975

Lot Details

  • 2.48 Acre Lot
  • Lot Dimensions are 200x300
  • Lake Front

Parking

  • Detached Garage

Home Design

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

Interior Spaces

  • Cathedral Ceiling
  • Skylights
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Docks
  • Patio

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Drilled Well
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number TL 1278 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,168

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 200x300
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: PLANTING GROUND
  • Co List Office Mls Id: 125
  • Co List Office Phone: (715) 546-8295
  • Ownership: Fee Simple
  • Directions: Hwy 32 East from Three Lakes to left on Hwy X 1.5 miles to left on Wheeler Island Rd. Go either way at "Y" near the end of the road and go to 7816.
  • Above Grade Finished Sq Ft: 1244.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dishwasher, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1200.0
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Skylights, Vaulted Ceiling(s)
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Patio
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Four Car Garage, Four or more Spaces, Garage

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Phone Available
  • 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: 108029.0
  • Parcel #: TL 1278 15
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 6168.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Salentine Michael R and Salentine Mallory H
Bought by
M & M Salentine 2022 Trust
Current Estimated Value
$960,709

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 23, 2020
Sold by
Armstrong Stephen and Armstrong Janice H
Bought by
Salentine Michael R and Salentine Mallory
Seller's Agent
ELLI SODER
RE/MAX NORTHERN LAKES LLC
Buyer's Agent
David Eliason
ELIASON REALTY - EAGLE RIVER
List Price
$615,000
Sold Price
$587,500
Premium/Discount to List
-$27,500
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$470,000
Interest Rate
2.8%
Mortgage Type
New Conventional
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
M & M Salentine 2022 Trust -- --
Salentine Michael R $587,500 Midwest Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salentine Michael R $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $587,500 -4.5% $236 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $615,000 -- $247 / 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 $7,247 $584,400 $416,500 $167,900
2023 $7,186 $584,400 $416,500 $167,900
2022 $5,984 $584,400 $416,500 $167,900
2021 $6,828 $584,400 $416,500 $167,900
2020 $6,108 $584,400 $416,500 $167,900
2019 $6,126 $584,400 $416,500 $167,900
2018 $6,133 $584,400 $416,500 $167,900
2017 $5,845 $584,400 $416,500 $167,900
2016 $5,764 $639,500 $473,200 $166,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2011 $8,885 $967,900 $758,900 $209,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 187686

Greater Northwoods MLS

APN: TL 1278 15