NOT LISTED FOR SALE

8258 Mercer Lake Trail Minocqua, WI 54548

Estimated Value: $358,000 - $657,000

3 Beds
2.5 Baths
2,200 Sq Ft
$236/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $372,000 $169 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,141/month

104 Days on Market

Highlights

  • Lake Front
  • Cathedral Ceiling
  • Recreation Facilities
  • Docks
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of January 2019

Endless Four season fun the at Mercer Lake Lodge. This space is steps away from the nearly flat and level lakeside with sand frontage for Northwoods recreation on Mercer Lake. Enjoy vaulted ceilings on the main floor, 3+ Bedrooms, 3 Baths, and upgrades throughout. Launch your boat right from the property and enjoy peaceful fishing conditions with no public access. Completely turnkey, this home is move-in ready. Whether you like snowmobiling, ATV'ing or cross-country skiing, this location is ideal for snow lovers. And, you're minutes away from Minocqua Winter Park, which boasts some of the best cross-country trails in the Northwoods. This property is a great rental investment for weekly or monthly rentals while you aren't using it throughout the year. The separate, perked and landscaped lot above the house has its own entrance and is complete with a fire pit and circle drive. A great value lake property on beautiful Mercer Lake awaits new owners!

Last Agent to Sell the Property

Erik Johnson

EXP REALTY, LLC License #42948 - 90 Listed on: 09/28/2018

EXP REALTY, LLC

Last Buyer's Agent

Erik Johnson

EXP REALTY, LLC License #42948 - 90 Listed on: 09/28/2018

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,249

Year Built

  • Built in 1974

Lot Details

  • 0.67 Acre Lot
  • Lake Front

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Stone Fireplace
  • Vinyl Flooring
  • Water Views
  • Washer Hookup

Kitchen

  • Gas Oven
  • Gas Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Finished Basement

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

Outdoor Features

  • Docks

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,249

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: MERCER
  • Ownership: Fee Simple
  • Directions: Hwy 70 left on Mercer Lake Rd, right onto Driftwood Place, right on Mercer Lake Trail to second entrance just North to #8258.
  • Above Grade Finished Sq Ft: 1360.0
  • Architectural Style: One and One Half Story
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • Year Built: 1974
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 800.0
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Main Level Primary, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Easy Access, Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Concrete
  • Exterior Features: Dock, Propane Tank - Leased
  • Foundation Details: Poured
  • Roof: Composition, Shingle

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Water Source: Driven Well, Well

Condo/Co-op/Association

  • Community Features: Recreation Area, Skiing

Schools

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

Lot Info

  • Lot Size Sq Ft: 29185.0
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
Jan 9, 2019
Sold by
Roepke Robert Clark
Bought by
Zeitler Dennis Dustin and Zeitler Timothy Jason
Seller's Agent
Erik Johnson
EXP REALTY, LLC
Buyer's Agent
Erik Johnson
EXP REALTY, LLC
List Price
$390,000
Sold Price
$372,000
Premium/Discount to List
-$18,000
-4.62%
Current Estimated Value
$518,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,266
Avg. Annual Appreciation
5.23%
Original Mortgage
$334,800
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

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
Zeitler Dennis Dustin $372,000 Knight Barry Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeitler Dennis Dustin $332,500
Closed Zeitler Dennis Dustin $334,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $372,000 -4.6% $169 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
09/28/2018 09/28/18 For Sale $390,000 -- $177 / 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 $3,249 $321,300 $141,000 $180,300
2023 $3,199 $321,300 $141,000 $180,300
2022 $2,519 $297,300 $117,000 $180,300
2021 $2,791 $297,300 $117,000 $180,300
2020 $2,484 $297,300 $117,000 $180,300
2019 $1,749 $173,900 $88,000 $85,900
2018 $1,667 $173,900 $88,000 $85,900
2017 $1,627 $173,900 $88,000 $85,900
2016 $1,716 $173,900 $88,000 $85,900
2015 $1,669 $173,900 $88,000 $85,900
2014 $1,669 $173,900 $88,000 $85,900
2011 $1,772 $210,100 $116,000 $94,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 174855

Greater Northwoods MLS

APN: MI 1747