NOT LISTED FOR SALE

7928 Cut Off Rd Presque Isle, WI 54557

Estimated Value: $661,000 - $858,000

2 Beds
1.5 Baths
1,421 Sq Ft
$530/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $347,500 $245 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,233/month

58 Days on Market

Highlights

  • Lake Front
  • Chalet
  • Wood Burning Stove
  • North Lakeland Elementary School Rated A
  • Deck
  • Private Lot

About This Home

As of August 2020

331 feet of sand and gravel frontage on Oxbow Lake with 4+ acres is the setting for this 2 bedroom 1.5 bath home! Open concept Kitchen, Dining and Living Room with vaulted ceilings, wood burning fireplace and sliding glass doors to the lakeside deck that wraps around the side of the house. The view is amazing! The main floor also offers 2 bedrooms and a full bath. Lower level is unfinished with a half bath in the laundry room. Easy to finish off with the walkout to the lake. 2 car detached garage. There is also a 2 bedroom, 1 bath guest cabin (needs TLC and updating) and 2 outbuilding. Storage is not an issue here! A gentle slope takes you down to the lakefront! Oxbow Lake is over 500 acres of full recreation and known for great fishing. Great location to enjoy the northwoods!

Last Agent to Sell the Property

LINDA LONG TEAM

REDMAN REALTY GROUP, LLC License #54872 - 90 Listed on: 06/17/2020

Last Buyer's Agent

LINDA LONG TEAM

REDMAN REALTY GROUP, LLC License #54872 - 90 Listed on: 06/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 1978

Lot Details

  • 4.13 Acre Lot
  • Lake Front
  • Private Lot
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Chalet
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,421 Sq Ft Home
  • Cathedral Ceiling
  • 1 Fireplace
  • Wood Burning Stove
  • Water Views
  • Home Security System

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Window Egress

Outdoor Features

  • Deck
  • Open Patio

Schools

  • North Lakeland Elementary And Middle School
  • Lakeland Union High School

Utilities

  • Heating System Uses Propane
  • Hot Water Heating System
  • Drilled Well
  • Electric Water Heater
  • Mound Septic

Listing and Financial Details

  • Assessor Parcel Number 22-50-11

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,242

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Surface Type: Paved
  • Water Body Name: OXBOW
  • Ownership: Trust
  • Directions: From Manitowish Waters take CTH W North to Right on CTH B to Left on Cut Off Rd to property on the right.
  • Above Grade Finished Sq Ft: 1421.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Egress Windows, Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Main Level Primary, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Lake Front, Private, Secluded, Sloped, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Gravel Driveway, Propane Tank - Leased
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Security: Security System
  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Mound Septic
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Skiing

Schools

  • Elementary School: VI North Lakeland
  • High School: ON Lakeland Union
  • Middle Or Junior School: VI North Lakeland

Lot Info

  • Lot Size Sq Ft: 179903.0
  • Parcel #: 22-50-11
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3242.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Aug 28, 2020
Sold by
Michaelsen William
Bought by
Sherri R Breede Revocable Living Truts
Seller's Agent
LINDA LONG TEAM
REDMAN REALTY GROUP, LLC
Buyer's Agent
LINDA LONG TEAM
REDMAN REALTY GROUP, LLC
List Price
$374,000
Sold Price
$347,500
Premium/Discount to List
-$26,500
-7.09%
Current Estimated Value
$753,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,190
Avg. Annual Appreciation
16.19%
Original Mortgage
$278,000
Outstanding Balance
$246,707
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$506,983

Purchase Details

Closed on
Jan 13, 2005
Sold by
Brzezinski James L and Brzezinski Nancy E
Bought by
Brzezinski Revoc Liv Trust
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
Sherri R Breede Revocable Living Truts $347,500 Vilas Title Service Inc
Brzezinski Revoc Liv Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherri R Breede Revocable Living Truts $278,000
Closed Brzezinski Revoc Liv Trust $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $347,500 -7.1% $245 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $374,000 -- $263 / 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 $3,362 $429,500 $259,200 $170,300
2023 $2,931 $429,500 $259,200 $170,300
2022 $2,809 $429,500 $259,200 $170,300
2021 $2,982 $429,500 $259,200 $170,300
2020 $3,048 $429,500 $259,200 $170,300
2019 $3,242 $429,500 $259,200 $170,300
2018 $3,210 $429,500 $259,200 $170,300
2017 $3,352 $504,500 $319,100 $185,400
2016 $3,240 $504,500 $319,100 $185,400
2015 $3,275 $504,500 $319,100 $185,400
2014 $3,312 $504,500 $319,100 $185,400
2013 $3,582 $504,500 $319,100 $185,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 185284

Greater Northwoods MLS

APN: 22-50-11