$177,500
SOLD AUG 27, 2018

8270 Us Highway 51 S Unit 1B Minocqua, WI 54548

2 Beds
2.5 Baths
1,900 Sq Ft
2.02 Acres

Recently Sold

$93 Per Sq Ft

7% Below List Price

206 Days on Market

Highlights

  • Lake Front
  • Cathedral Ceiling
  • Jetted Tub in Primary Bathroom
  • 87,991 Sq Ft lot
  • Wood Flooring
  • Recreation Facilities

About This Home

As of July 2022

Minocqua Chain Condo! Gorgeous and newer (2005) 2 bedroom, 2.5 bath condo near downtown Minocqua. Location is exceptional and condo is zoned for weekly rentals with great rental history! Current owners enjoy their condo and also take advantage of the investment opportunity by renting it weekly. Buyer can enjoy income as 2018 is booking up already! The main level offers an open-concept kitchen/living room with high ceilings, a 1/4 bath, large kitchen boasting hickory cabinets, a pantry & plenty of counter space. The living room is spacious with a stone gas fireplace and patio doors to a small sitting area. The upper level offers a large master bedroom with attached bath, large soak tub, shower, double sinks, walk-in closet and 2nd closet. Laundry upstairs, 2nd full bath & 2nd bedroom with plenty of space for multiple beds. There's a 1 car att garage too! 170' ftg for swimming & a firepit! Fantastic investment that won't last long!

Last Agent to Sell the Property

Andrea Christie

REDMAN REALTY GROUP, LLC Listed on: 01/24/2018

Last Buyer's Agent

PAT VAN HEFTY

REDMAN REALTY GROUP, LLC License #49511 - 90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 2005

Lot Details

  • Lake Front

Parking

  • 1 Car Attached Garage
  • Shared Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Log Siding
  • Stone

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Stone Fireplace
  • Gas Fireplace
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number MI 7244

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • Minocqua Lake Condos Subdivision
  • Shops

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,064

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Water Body Name: MINOCQUA
  • Ownership: Condominium
  • Subdivision Name: Minocqua Lake Condos
  • Directions: Hwy 51S across bridge to 8270 on left.
  • Above Grade Finished Sq Ft: 1900.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Jetted Tub, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Easy Access, Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Rocky, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding, Stone
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, One Car Garage, Shared Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Connected, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Recreation Area, Shopping
  • Association Fee: 230.0
  • Common Interest: Condominium

Schools

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

Lot Info

  • Lot Size Sq Ft: 87991.0
  • Parcel #: MI 7244
  • Zoning Description: General Business

Tax Info

  • Tax Annual Amount: 1064.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Foster Candace L
Bought by
Candace L Foster Trust and Foster
Current Estimated Value
$370,852

Purchase Details

Listed on
Jan 24, 2018
Closed on
Aug 21, 2018
Sold by
Bentley Neai D and Bentley Courtney L
Bought by
Behn Sherry Lynn
Seller's Agent
Andrea Christie
REDMAN REALTY GROUP, LLC
Buyer's Agent
PAT VAN HEFTY
REDMAN REALTY GROUP, LLC
List Price
$189,900
Sold Price
$177,500
Premium/Discount to List
-$12,400
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$159,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2012
Closed on
Mar 21, 2013
Sold by
Great Midwest Bank Ssb
Bought by
Bentley Nedl D and Bentley Courtney L
Seller's Agent
Adam Redman
REDMAN REALTY GROUP, LLC
Buyer's Agent
Andrea Christie
REDMAN REALTY GROUP, LLC
List Price
$117,500
Sold Price
$111,500
Premium/Discount to List
-$6,000
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$89,200
Interest Rate
3.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Quit Claim Deed -- Oneida Title
Warranty Deed $177,500 Midwest Title Group
Guardian Deed -- Oneida Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Previous Owner $159,750 New Conventional
Previous Owner $89,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $300,000 -14.3% $187 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $349,900 +97.1% $218 / Sq Ft
08/27/2018 08/27/18 Sold $177,500 -6.5% $93 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $189,900 +70.3% $100 / Sq Ft
04/01/2013 04/01/13 Sold $111,500 -5.1% $59 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
07/23/2012 07/23/12 For Sale $117,500 -- $62 / 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 $2,168 $206,000 $30,000 $176,000
2023 $2,136 $206,000 $30,000 $176,000
2022 $1,707 $206,000 $30,000 $176,000
2021 $2,019 $206,000 $30,000 $176,000
2020 $1,716 $206,000 $30,000 $176,000
2019 $1,062 $109,300 $30,000 $79,300
2018 $1,089 $109,300 $30,000 $79,300
2017 $1,064 $109,300 $30,000 $79,300
2016 $1,121 $109,300 $30,000 $79,300
2015 $1,093 $109,300 $30,000 $79,300
2014 $1,093 $109,300 $30,000 $79,300
2011 $1,050 $119,800 $30,000 $89,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 169492

Greater Northwoods MLS

APN: MI 7244