7932 Violet Dr Lake Tomahawk, WI 54539
Estimated payment $1,275/month
About This Home
Discover a Prime Investment Opportunity in Lake Tomahawk! Located just off HWY 47 in the heart of Lake Tomahawk, this well-maintained upper/lower duplex offers exceptional flexibility—operate as two income-generating rental units or enjoy as a spacious 4-bedroom, 2-bath single-family home. The property is only a minute from the sought-after Tomahawk Lake boat landing and surrounded by outdoor recreation, including bike paths, UTV and snowmobile trails, and year-round attractions. Plus, you’ll be within short distance to local dining, restaurants, and entertainment, making this location highly desirable for both tenants and owners. This property is a turnkey investment you won’t want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $943
Lot Details
- 2,996 Sq Ft Lot
Home Design
- 2,400 Sq Ft Home
- Duplex
- Frame Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating System Uses Natural Gas
- Drilled Well
Listing and Financial Details
- Assessor Parcel Number 01001-0600-0001
Map
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 | $1,079 | $153,700 | $5,000 | $148,700 |
| 2023 | $972 | $134,400 | $5,000 | $129,400 |
| 2022 | $807 | $56,700 | $4,000 | $52,700 |
| 2021 | $563 | $49,100 | $4,000 | $45,100 |
| 2020 | $509 | $49,100 | $4,000 | $45,100 |
| 2019 | $517 | $49,100 | $4,000 | $45,100 |
| 2018 | $506 | $49,100 | $4,000 | $45,100 |
| 2017 | $488 | $49,100 | $4,000 | $45,100 |
| 2016 | $510 | $49,100 | $4,000 | $45,100 |
| 2015 | $526 | $49,100 | $4,000 | $45,100 |
| 2014 | $526 | $49,100 | $4,000 | $45,100 |
| 2011 | $1,418 | $49,100 | $4,000 | $45,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/16/2026 01/16/26 | For Sale | $229,900 | +1110.0% | $96 / Sq Ft | |
| 04/11/2013 04/11/13 | Sold | $19,000 | -36.5% | $10 / Sq Ft | View Prior Sale |
| 03/13/2013 03/13/13 | Pending | -- | -- | -- | |
| 01/11/2013 01/11/13 | For Sale | $29,900 | -- | $15 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $165,000 | Vilas Title | |
| Warranty Deed | $120,000 | Oneida Title & Abstract Inc | |
| Warranty Deed | -- | Northern Title & Abstract | |
| Land Contract | $85,000 | -- | |
| Warranty Deed | $19,000 | Portage County Title | |
| Sheriffs Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $162,011 | FHA | |
| Previous Owner | $67,489 | Commercial |
Source: Greater Northwoods MLS
MLS Number: 215560
APN: LT 600 1
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