NOT LISTED FOR SALE

8254 Mercer Lake Trail Minocqua, WI 54548

Estimated Value: $371,000 - $1,036,889

4 Beds
3 Baths
2,877 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $1,000,000 $348 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $5,132/month

47 Days on Market

Highlights

  • Boathouse
  • Docks
  • Wooded Lot
  • Lake Front
  • Deck
  • Cathedral Ceiling

About This Home

As of December 2023

Beautiful MERCER LAKE log home, built to impress. Let's start with the incredible views of State land. Enjoy the picturesque setting from the lakeside stone patio that is only steps from the sandy shoreline, surrounded by landscaping that creates a private yet natural setting. Hickory/ceramic flooring welcomes you into an open concept floorplan, that boasts a first floor Master Suite w/attached sitting room to give extended waterfront views. Additional BD/BA are separated by the kitchen. In the great room a fieldstone fireplace draws your attention & log cathedral ceilings open to the 2nd floor loft & bedrooms. Plenty of room for guests with the spacious upper bedrooms-each offers 4 beds. The property-1.16 AC with a super cute bunkhouse/studio, storage garage, shed, boathouse & oversized pier. The home is turn key-all you see comes with the package. Pack your suitcase and you could be ready to enjoy the scenery a Northwoods Winter offers. Location-only 15 min from Minocqua.

Last Agent to Sell the Property

PAT VAN HEFTY

REDMAN REALTY GROUP, LLC License #49511 - 90 Listed on: 10/19/2023

Last Buyer's Agent

NON NON MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 2005

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 156x315
  • Lake Front
  • The property's road front is unimproved
  • Stone Retaining Walls
  • Landscaped
  • Sloped Lot
  • Wooded Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2,877 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • Property Views

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Parking

  • Gravel Driveway
  • Additional Parking

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Covered patio or porch
  • Shed

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Drilled Well
  • Propane Water Heater
  • Public Septic Tank

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number MI-1747-8 & MI-1747-9

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,225

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 156x315
  • Road Frontage Type: Town Road
  • Road Surface Type: Unimproved
  • Water Body Name: MERCER
  • Ownership: Fee Simple
  • Directions: From Minocqua-Hwy 51 NORTH to LEFT onto Hwy 70 WEST for 4.6 miles. LEFT onto Mercer Lake Rd for 3.2 miles. RIGHT onto DRIFTWOOD for .1 miles. RIGHT onto Mercer Lake Trail. Home is on the RIGHT.
  • Above Grade Finished Sq Ft: 2877.0
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Exhaust Fan, Microwave, Propane Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Partial, Sump Pump, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), Jetted Tub, Main Level Primary, Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Sloped, Wooded, Retaining Wall
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Exterior Features: Deck, Dock, Landscaping, Shed, Gravel Driveway, Propane Tank - Leased
  • Foundation Details: Poured
  • Other Structures: Boat House, Shed(s)
  • Patio And Porch Features: Covered, Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Additional Parking, None, Storage

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Water Source: Drilled Well, Well

Condo/Co-op/Association

  • Community Features: Shopping

Schools

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

Lot Info

  • Lot Size Sq Ft: 50530.0
  • Parcel #: MI-1747-8 & MI-1747-9
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 5225.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Dec 27, 2023
Sold by
Sobczak John W and Sobczak Dawn M
Bought by
Torgerson Brian J
Seller's Agent
PAT VAN HEFTY
REDMAN REALTY GROUP, LLC
Buyer's Agent
NON NON MEMBER
NON-MEMBER
List Price
$1,225,000
Sold Price
$1,000,000
Premium/Discount to List
-$225,000
-18.37%
Views
90
Current Estimated Value
$826,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$173,278
Avg. Annual Appreciation
-12.49%

Purchase Details

Closed on
Sep 8, 2021
Sold by
Sobczak John W and Sobczak Dawn M
Bought by
Sobczak John W and Sobczak Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2020
Sold by
Sobczak John W and Sobczak Dawn M
Bought by
John W Sobczak And Dawn M Sobczak Rev Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2017
Sold by
Sobczak John W and Sobczak Dawn M
Bought by
Sobczak John W and Revoca Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Torgerson Brian J $800,000 Knight Barry Title
Sobczak John W -- None Available
John W Sobczak And Dawn M Sobczak Rev Tr -- None Available
Sobczak John W -- None Available
Sobczak John W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sobczak John W $510,400
Previous Owner Sobczak John W $459,000
Previous Owner Sobczak John W $462,500
Previous Owner Sobczak John W $400,500
Previous Owner Sobczak John W $399,000
Previous Owner Sobczak John W $404,000
Previous Owner Sobczak John W $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $1,000,000 -13.0% $348 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
10/30/2023 10/30/23 Price Changed $1,150,000 -6.1% $400 / Sq Ft
10/19/2023 10/19/23 For Sale $1,225,000 -- $426 / 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 $6,327 $625,800 $171,100 $454,700
2023 $6,231 $625,800 $171,100 $454,700
2022 $5,225 $625,800 $171,100 $454,700
2021 $5,875 $625,800 $171,100 $454,700
2020 $5,265 $625,800 $171,100 $454,700
2019 $4,859 $483,300 $144,700 $338,600
2018 $4,692 $483,300 $144,700 $338,600
2017 $4,581 $483,300 $144,700 $338,600
2016 $4,831 $483,300 $144,700 $338,600
2015 $4,699 $483,300 $144,700 $338,600
2014 $4,699 $483,300 $144,700 $338,600
2011 $4,716 $552,800 $191,400 $361,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    PAT VAN HEFTY

    REDMAN REALTY GROUP, LLC

    (715) 358-0450

    343 Total Sales

    PAT VAN HEFTY
    Section Image

  • N

    Buyer's Agent in 2023

    NON NON MEMBER

    NON-MEMBER

See All Agents

Map

Source: Greater Northwoods MLS

MLS Number: 204348

Greater Northwoods MLS

APN: MI 1747 8

Wisconsin Oneida County Minocqua 54548

8254 Mercer Lake Trail, Minocqua, WI

This home is located at 8254 Mercer Lake Trail, Minocqua, WI 54548 since 19 October 2023 and is currently estimated at $826,722, approximately $287 per square foot. This property was built in 2005. 8254 Mercer Lake Trail is a home located in Oneida County with nearby schools including Lakeland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Northwoods MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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