NOT LISTED FOR SALE

7901 E Bay Rd Presque Isle, WI 54557

Estimated Value: $171,000 - $630,000

2 Beds
1 Bath
1,152 Sq Ft
$409/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $350,000 $304 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,654/month

42 Days on Market

Highlights

  • Lake Front
  • Docks
  • Wetlands on Lot
  • North Lakeland Elementary School Rated A
  • Private Lot
  • Wooded Lot

About This Home

As of July 2022

OXBOW LAKE: Legacy property available for first time in 66 years! Canadian-style solitude, with western sunset views on full recreation Oxbow Lake, noted for outstanding fishing...and it's many bays and islands make it one of the north land's most outstanding and aesthetic waterways. Both a power boating and silent sport dream! Frontage has medium slope, with sand and stone bottom shoreline near the residence, and wetlands approach to the lake as you move east. Property includes older 2 BR residence in marginal condition, and detached garage needing extensive repairs. Highest and best use may be as an ultra-private home site for a new lakefront residence, or potentially as a developed parcel with multiple lots? Sold strictly as-is by personal rep for elderly original owner's estate. These trophy sized tracts do not come along often, so make a trip to Oxbow Lake soon and check the possibilities. You'll see why the current owner stayed 66 years! Priced below tax FMV for fast sale.

Last Agent to Sell the Property

Pete Rondello

REDMAN REALTY GROUP, LLC License #44714 - 90 Listed on: 05/25/2022

Last Buyer's Agent

Erik Johnson

EXP REALTY, LLC License #42948 - 90

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1956

Lot Details

  • 12.72 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • West Facing Home
  • Private Lot
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 1,152 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Wood Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Wetlands on Lot

Utilities

  • Heating System Uses Propane
  • Wall Furnace
  • Well
  • Propane Water Heater

Additional Features

  • Range
  • Dryer
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 022-1392

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,733

Year Built

Built in 1956

Lot Details

12.72 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: OXBOW
  • Ownership: Personal Rep
  • Directions: Highway B east of Presque Isle to left on East Bay Road to first drive on left, 7901.
  • Above Grade Finished Sq Ft: 1152.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1956
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Propane Water Heater, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed

Exterior Features

  • Lot Features: Dead End, Lake Front, Private, Rolling Slope, Secluded, Wooded, Wetlands
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Shoreline - Gravel, Shoreline - Rocky, Lake Front
  • Waterfront: Yes
  • Construction Type: Asbestos, Frame, Wood Siding
  • Direction Faces: West
  • Exterior Features: Dock, Propane Tank - Leased
  • Foundation Details: Slab
  • Roof: Other

Garage/Parking

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

Utilities

  • Heating: Propane, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Other
  • Water Source: Driven Well, Well

Lot Info

  • Lot Size Sq Ft: 554083.0
  • Parcel #: 022-1392
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3733.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2009
Sold by
Sears Elgin
Bought by
White Terrance L and White Martha R
Current Estimated Value
$471,184
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
White Terrance L $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed White Terrance L $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $350,000 -12.2% $304 / Sq Ft
05/25/2022 05/25/22 For Sale $398,500 -- $346 / Sq Ft
Source: Greater Northwoods MLS

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
2025 $2,748 $349,500 $300,000 $49,500
2024 $2,789 $349,500 $300,000 $49,500
2023 $2,444 $349,500 $300,000 $49,500
2022 $2,344 $349,500 $300,000 $49,500
2021 $3,659 $523,500 $480,000 $43,500
2020 $3,733 $523,500 $480,000 $43,500
2019 $3,972 $523,500 $480,000 $43,500
2018 $3,931 $523,500 $480,000 $43,500
2017 $3,887 $583,500 $540,000 $43,500
2016 $3,758 $583,500 $540,000 $43,500
2015 $3,791 $583,500 $540,000 $43,500
2014 -- $583,500 $540,000 $43,500
2013 $4,147 $583,500 $540,000 $43,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 196682

Greater Northwoods MLS

APN: 22-1392

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