NOT LISTED FOR SALE

8202 Bow Rd Presque Isle, WI 54557

Estimated Value: $422,000 - $621,000

4 Beds
2.5 Baths
934 Sq Ft
$589/Sq Ft Est. Value

Last Sold January 05, 2015

Last sale price $289,000 $309 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,186/month

146 Days on Market

Highlights

  • Lake Front
  • Docks
  • 2 Car Detached Garage
  • North Lakeland Elementary School Rated A
  • Wood Burning Stove
  • Views

About This Home

As of January 2015

A beautiful point of land with spectacular lake views overlooking several islands on Oxbow Lake! One of a kind property offers great privacy with 642 feet of gorgeous sand beach frontage and 1.38 acres. Currently property has a main cottage with walk out lower level and nice screened porch, guest cottage, detached 2 car garage with loft apartment upstairs and a dry boat house and sun deck at the lake front. Use these cottages or build your dream home, the property has been updated with a 5 bedroom septic system. Oxbow Lake is 511 acres and is great for fishing, swimming & recreating. Located in the heart of Presque Isle, this is a gem of a property!

Last Agent to Sell the Property

LINDA LONG TEAM

REDMAN REALTY GROUP, LLC License #54872 - 90 Listed on: 08/05/2014

Last Buyer's Agent

BRET MILLER

ELIASON REALTY - LAND O LAKES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,507

Lot Details

  • 1.38 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • Sloped Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Wood Burning Stove
  • Free Standing Fireplace
  • French Doors
  • Range
  • Washer Hookup
  • Property Views

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Docks

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 22-1334

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,507

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: OXBOW
  • Ownership: Fee Simple
  • Directions: From Manitowish Waters go north on CTH W to rigth on CTH B to left on Bow road to property almost at the end.
  • Above Grade Finished Sq Ft: 934.0
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 300.0
  • Door Features: French Doors
  • Fireplace Features: Free Standing, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Mixed

Exterior Features

  • Lot Features: Dead End, Lake Front, Sloped
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Dock, Gravel Driveway
  • Foundation Details: Block, Pillar/Post/Pier
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Propane, Space Heater, Wood
  • Heating Yn: Yes
  • Sewer: Mound Septic
  • Water Source: Drilled Well

Schools

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

Lot Info

  • Lot Size Sq Ft: 60113.0
  • Parcel #: 22-1334
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2507.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2014
Closed on
Dec 31, 2014
Sold by
Wellstone Mark D
Bought by
Guse William F and Guse Sherry J
Seller's Agent
LINDA LONG TEAM
REDMAN REALTY GROUP, LLC
Buyer's Agent
BRET MILLER
ELIASON REALTY - LAND O LAKES
List Price
$339,000
Sold Price
$289,000
Premium/Discount to List
-$50,000
-14.75%
Total Days on Market
146
Current Estimated Value
$550,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,070
Avg. Annual Appreciation
6.22%
Original Mortgage
$231,200
Outstanding Balance
$178,444
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$371,626

Purchase Details

Closed on
Jun 9, 2006
Sold by
Houk David G and Houk Debra A
Bought by
Newitt Daniel L and Newitt Gail

Purchase Details

Closed on
Jul 15, 2005
Sold by
Schultas Oxbow Lake Lodge Llc
Bought by
Wellstone Mark D
Source: Public Records

Range of Values:

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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
Guse William F $289,000 Vilas Title Service Inc
Newitt Daniel L $165,000 --
Wellstone Mark D $359,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guse William F $231,200
Previous Owner Wellstone Mark $315,000
Closed Wellstone Mark D $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2015 01/05/15 Sold $289,000 -14.7% $309 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
08/11/2014 08/11/14 For Sale $339,000 -- $363 / 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 $2,548 $319,500 $258,000 $61,500
2023 $2,232 $319,500 $258,000 $61,500
2022 $2,141 $319,500 $258,000 $61,500
2021 $2,275 $319,500 $258,000 $61,500
2020 $2,305 $319,500 $258,000 $61,500
2019 $2,456 $319,500 $258,000 $61,500
2018 $2,425 $319,500 $258,000 $61,500
2017 $2,141 $319,500 $258,000 $61,500
2016 $2,071 $319,500 $258,000 $61,500
2015 $2,065 $319,500 $258,000 $61,500
2014 $2,316 $354,000 $300,000 $54,000
2013 $2,506 $354,000 $300,000 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 144536

Greater Northwoods MLS

APN: 22-1334