8064 Rainbow Rd Lake Tomahawk, WI 54539
Estimated Value: $393,000 - $1,030,000
3
Beds
1.5
Baths
1,982
Sq Ft
$355/Sq Ft
Est. Value
Highlights
- Lake Front
- Wood Burning Stove
- 1 Fireplace
- Island Location
- Wooded Lot
- Skylights
About This Home
As of April 2020Adorable Tomahawk Lake Home on a PANCAKE LEVEL LOT! 3 bdrm, 1.5 bath Tomahawk Lake home for under $400k. Highly desired level grass yard approach to the sandy shoreline. The water frontage totals 513 ft, which includes frontage in the channel & a bridge leading you to your very own private small island. RECREATIONAL ZONING: The home provides excellent rental income; Owner will provide rental history & guest lists. Spacious family room, perfect for Packer gameday parties. Charming kitchen opens up to the dining area. Lakeside living room features a nostalgic wood-burning fireplace. Master bedroom with walkout screened-in sun porch overlooking the lake. Two add'l bdrms allow for bunk bed space. Blacktopped driveway and landscaped grounds. You will enjoy sunny days on the backyard patio & nights around the campfire by the lake, swimming, boating & snowmobiling in the winter. Tomahawk Lake home w/ income potential!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,984
Lot Details
- 0.48 Acre Lot
- Lake Front
- Property fronts an easement
- Stone Retaining Walls
- Landscaped
- Level Lot
- Wooded Lot
- Zoning described as Recreational
Parking
- Driveway
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Ceiling Fan
- Skylights
- 1 Fireplace
- Wood Burning Stove
- Property Views
Kitchen
- Electric Oven
- Electric Range
- Microwave
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Partial Basement
- Interior Basement Entry
- Sump Pump
- Natural lighting in basement
Schools
- Mhlt Elementary School
- Lakeland Union High School
Utilities
- Heating System Uses Natural Gas
- Heating System Uses Steam
- Well
- Gas Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Patio
- Island Location
Community Details
- Shops
Listing and Financial Details
- Assessor Parcel Number LT 36-3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 13, 2023
Sold by
Susan Kraut Living Trust
Bought by
Burress Karen J
Total Days on Market
590
Current Estimated Value
Purchase Details
Listed on
Sep 1, 2018
Closed on
Apr 24, 2020
Sold by
Burbie David P and Burbie Trisha E
Bought by
Kraut Susan C and Kraut Living Trust
Seller's Agent
Adam Redman
REDMAN REALTY GROUP, LLC
Buyer's Agent
Adam Redman
REDMAN REALTY GROUP, LLC
List Price
$475,000
Sold Price
$385,000
Premium/Discount to List
-$90,000
-18.95%
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Similar Homes in Lake Tomahawk, WI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burress Karen J | -- | None Listed On Document | |
| Kraut Susan C | $385,000 | Northern Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Burbie David P | $326,503 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2020 04/24/20 | Sold | $385,000 | -18.9% | $194 / Sq Ft |
| 04/14/2020 04/14/20 | Pending | -- | -- | -- |
| 09/01/2018 09/01/18 | For Sale | $475,000 | -- | $240 / Sq Ft |
Source: Greater Northwoods MLS
Tax History Compared to Growth
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 | $4,314 | $614,600 | $464,300 | $150,300 |
| 2023 | $4,444 | $614,600 | $464,300 | $150,300 |
| 2022 | $3,429 | $282,900 | $174,600 | $108,300 |
| 2021 | $3,243 | $282,900 | $174,600 | $108,300 |
| 2020 | $3,002 | $274,700 | $174,600 | $100,100 |
| 2019 | $3,045 | $274,700 | $174,600 | $100,100 |
| 2018 | $2,984 | $274,700 | $174,600 | $100,100 |
| 2017 | $2,885 | $274,700 | $174,600 | $100,100 |
| 2016 | $3,014 | $274,700 | $174,600 | $100,100 |
| 2015 | $3,097 | $274,700 | $174,600 | $100,100 |
| 2014 | $3,097 | $274,700 | $174,600 | $100,100 |
| 2011 | $3,162 | $274,700 | $174,600 | $100,100 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Redman
Seller's Agent in 2020
Adam Redman
REDMAN REALTY GROUP, LLC
(715) 892-4500
150 Total Sales
Map
Source: Greater Northwoods MLS
MLS Number: 174385
APN: LT 36 3
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