NOT LISTED FOR SALE

7969 Rainbow Rd Lake Tomahawk, WI 54539

Estimated Value: $242,000 - $303,000

3 Beds
2 Baths
1,800 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $75,000 $42 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,557/month

140 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Attic
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Recreation Facilities

About This Home

As of December 2016

Spacious, solid family home in the quaint little town of Lake Tomahawk. With some elbow grease, a handy person and some finishing work this home is nearly perfect for a family home, vacation home or income property. Nice layout, hardwood floors, a screen porch and room sizes. You will appreciate the 30x48 pole building - which serves as the garage with lots of extra storage. You will be amidst a recreational paradise...snowmobiling, biking, hunting, fishing, boating and hiking are all nearby plus Lake Tomahawk boat landing is just a couple blocks away. Located somewhat centrally between Rhinelander and Minocqua/Woodruff with easy access to both via Hwy 47. Enjoy the perks of small town living with a hardware store, post office, restaurants, shops and other small businesses.

Last Listed By

PAT VAN HEFTY

REDMAN REALTY GROUP, LLC License #49511 - 90 Listed on: 07/25/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,453

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Garden

Parking

  • 4 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Composite Building Materials
  • Masonite

Interior Spaces

  • 1,800 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Permanent Attic Stairs
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Stubbed For A Bathroom

Outdoor Features

  • Spa
  • Outbuilding

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating
  • Well
  • Drilled Well
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number LT 666

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,453

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: x100
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Directions: From Hwy 47 in Lake Tomahawk - West on Rainbow Road to property on Left
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Partial, Bath/Stubbed
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Hot Tub/Spa, Main Level Master, Permanent Attic Stairs

Exterior Features

  • Lot Features: Level, Wooded
  • Waterfront: No
  • Construction Type: Composite Siding, Frame, Masonite
  • Exterior Features: Garden, Landscaping, Out Building(s)
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Detached, Four Car Garage, Four or more Spaces, Storage, Driveway

Utilities

  • Laundry Features: Main Level
  • Heating: Baseboard, Natural Gas, Radiant
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, High Speed Internet Connected, Phone Available
  • Water Source: Drilled Well, Well

Condo/Co-op/Association

  • Community Features: Recreation Area

Schools

  • Elementary School: ON MHLT
  • High School: ON Lakeland Union

Lot Info

  • Lot Size Sq Ft: 14810.0
  • Parcel #: LT 666
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1453.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Dec 21, 2016
Sold by
Quasius Peter L
Bought by
Dosemagen Daniel C
Seller's Agent
PAT VAN HEFTY
REDMAN REALTY GROUP, LLC
Buyer's Agent
KEN BIEGEL
CENTURY 21 BURKETT & ASSOC.
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%
Total Days on Market
140
Current Estimated Value
$274,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,225
Avg. Annual Appreciation
16.73%

Purchase Details

Closed on
May 25, 2013
Sold by
Quasius Peter L and Quasius Bethany Anna
Bought by
Quasius Ppeter L and Quasius Maria G

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
Dosemagen Daniel C $75,000 --
Quasius Ppeter L -- Northern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dosemagen Daniel C $75,000
Previous Owner Dunbar Jack $107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $75,000 -25.0% $42 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $100,000 -- $56 / 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 $1,218 $173,600 $18,400 $155,200
2023 $1,255 $173,600 $18,400 $155,200
2022 $1,112 $102,900 $27,000 $75,900
2021 $1,180 $102,900 $27,000 $75,900
2020 $1,104 $102,900 $27,000 $75,900
2019 $1,120 $102,900 $27,000 $75,900
2018 $1,097 $102,900 $27,000 $75,900
2017 $1,496 $143,900 $27,000 $116,900
2016 $1,363 $125,900 $9,000 $116,900
2015 $1,825 $125,900 $9,000 $116,900
2014 $1,825 $125,900 $9,000 $116,900
2011 $1,431 $125,900 $9,000 $116,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 159825

Greater Northwoods MLS

APN: LT 666