NOT LISTED FOR SALE

8045 Rainbow Rd Lake Tomahawk, WI 54539

Estimated Value: $227,000 - $287,000

2 Beds
2 Baths
800 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $189,000 $236 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,574/month

47 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Boat Slip
  • Docks
  • Boat Lift
  • Wooded Lot

About This Home

As of September 2020

Your opportunity to have a boat dock on Lake Tomahawk part of the famous Minocqua Chain. You'll love the get-away cottage with a Master Bedroom/Bath and another guest bedroom and bath. Open living,dining area and kitchen and a great screened porch off the kitchen area. The owners have loved this home for 40+/- years. Just across Rainbow Road is your own deeded access with an unobstructed access which gives you the opportunity to have any size boat to enjoy all the Minocqua Chain has to offer, Seller is including a shore station. A short walk into the town of Lake Tomahawk, for dining at one of the good in-town restaurants. If swimming is on your agenda a short walk to the Lake Tomahawk boat docks in town for a great picnic area and sand swimming beach . Come take a look before this is gone!!

Last Listed By

Mary Ellen Poggemann

REDMAN REALTY GROUP, LLC Listed on: 07/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1982

Lot Details

  • 0.93 Acre Lot
  • Lake Front
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Crawl Space
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Boat Slip
  • Docks

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Well
  • Drilled Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01001-0036-0017

Home Details

Home Type

Single Family

Est. Annual Taxes

$846

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: TOMAHAWK
  • Ownership: Trust
  • Directions: Highway 511 north to right on Cty J, right on Hwy 47 into the town of Lake Tomahawk, right on Rainbow Road to 8045 on left.
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built: 1982
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Mixed
  • Interior Amenities: Cathedral Ceiling(s), Skylights
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Lake Front, Level, Wooded
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Boat Ramp/Lift Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Boat Lift, Boat Slip, Dock
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Two Car Garage, Two Spaces, Storage

Utilities

  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Drilled Well, Well

Lot Info

  • Lot Size Sq Ft: 40409.0
  • Parcel #: 01001-0036-0017

Tax Info

  • Tax Annual Amount: 846.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 3, 2020
Sold by
Brennan Rose A
Bought by
Damon Bradley A and Damon Leslie A
Seller's Agent
Mary Ellen Poggemann
REDMAN REALTY GROUP, LLC
Buyer's Agent
RANDY KOENGETER
SHOREWEST - MINOCQUA
List Price
$197,000
Sold Price
$189,000
Premium/Discount to List
-$8,000
-4.06%
Total Days on Market
47
Current Estimated Value
$262,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,685
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Jul 26, 2019
Sold by
Brennan Charles A and Brennan Rose A
Bought by
Brennan Charles A and Brennan Rose A

Purchase Details

Closed on
May 21, 2019
Sold by
Brennan Charles A and Brennan Rose A
Bought by
Brennan Charles A and Decla Rose

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
Damon Bradley A $189,000 Oneida Title & Abstract Inc
Brennan Charles A -- None Available
Brennan Charles A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $189,000 -4.1% $236 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $197,000 -- $246 / 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 $1,412 $201,200 $106,600 $94,600
2023 $1,455 $201,200 $106,600 $94,600
2022 $840 $78,500 $15,000 $63,500
2021 $900 $78,500 $15,000 $63,500
2020 $834 $78,500 $15,000 $63,500
2019 $846 $78,500 $15,000 $63,500
2018 $829 $78,500 $15,000 $63,500
2017 $801 $78,500 $15,000 $63,500
2016 $836 $78,500 $15,000 $63,500
2015 $861 $78,500 $15,000 $63,500
2014 $861 $78,500 $15,000 $63,500
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 186008

Greater Northwoods MLS

APN: LT 36 17