NOT LISTED FOR SALE

8276 Us Highway 51 S Unit 1 Minocqua, WI 54548

Estimated Value: $454,664

2 Beds
2.5 Baths
1,914 Sq Ft
2.1 Acres

Last Sold October 22, 2021

Last sale price $295,000 $154 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,757/month

139 Days on Market

Highlights

  • Lake Front
  • 1 Car Attached Garage
  • Patio
  • Docks
  • Walk-In Closet
  • Shops

About This Home

As of October 2021

LAKE MINOCQUA waterfront condo lets you enjoy everything that The Island City has to offer -Walk or bike over the bridge, grab a coffee at Cafe Sonder or a scrumptious breakfast at Island Cafe, then scour the stacks for a book from the library for a great read after you hike the Bearskin Trail for your daily nature fix. Whether you’re boating, fishing or paddleboarding in the summer or snowmobiling, snowshoeing or ice fishing in the winter, this corner unit comes turnkey ready & furnished for either you or your renters to relax, enjoy & take in the fabulousness of the Northwoods. Gas fireplace, open concept kitchen/living room, knotty pine cabinets, master bedroom en suite with large soaking tub, upstairs laundry, 170’ of sandy frontage & attached one car garage. The search is over because you've found it... HERE!

Last Listed By

Kay Reil

RE/MAX PROPERTY PROS Listed on: 06/04/2021

RE/MAX PROPERTY PROS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,359

Lot Details

  • Lake Front
  • Landscaped

Parking

  • 1 Car Attached Garage
  • Shared Driveway

Home Design

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

Interior Spaces

  • 1,914 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number MI 7224

Community Details

Recreation

  • Trails

Additional Features

  • Minocqua Lake Condominiums Subdivision
  • Shops

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,359

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 Condominiums
  • Directions: From Eagle River, Hwy 70 west, turn left onto CTH J, turn left onto Hwy 51 south, turn left onto 8276 Hwy 51 and unit is the first building closest to the water.
  • Above Grade Finished Sq Ft: 1914.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s), Cable TV, Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Level, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Log Siding
  • Exterior Features: Dock, Landscaping, Patio, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, One Car Garage, One Space, 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, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Trails/Paths
  • Association Fee: 277.25
  • Common Interest: Condominium

Schools

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

Lot Info

  • Lot Size Sq Ft: 91476.0
  • Parcel #: MI 7224

Tax Info

  • Tax Annual Amount: 2359.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Bjs Land Co Mqa Llc
Bought by
S & K Vacations 1 Llc
Total Days on Market
139
Current Estimated Value
$454,664

Purchase Details

Listed on
Jun 4, 2021
Closed on
Oct 22, 2021
Sold by
Gilster Holdings Llc
Bought by
Bjs Land Co Mqa Llc
Seller's Agent
Kay Reil
RE/MAX PROPERTY PROS
Buyer's Agent
THE HERVEY TEAM
REDMAN REALTY GROUP, LLC
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
Original Mortgage
$236,000
Interest Rate
2.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 19, 2020
Closed on
Mar 1, 2021
Sold by
Minocquaholics Llc
Bought by
Gilster Holdings Llc
Seller's Agent
Guy Polacek
REDMAN REALTY GROUP, LLC
Buyer's Agent
Kay Reil
RE/MAX PROPERTY PROS
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.24%

Purchase Details

Listed on
Mar 2, 2018
Closed on
Jun 28, 2019
Sold by
Bergin Paul and Pantle Douglas
Bought by
Minocquaholics Llc
Seller's Agent
JULIE MANTHEI
RE/MAX PROPERTY PROS
Buyer's Agent
Guy Polacek
REDMAN REALTY GROUP, LLC
List Price
$239,000
Sold Price
$219,000
Premium/Discount to List
-$20,000
-8.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%
Original Mortgage
$175,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2011
Sold by
Wells Fargo Bank Na
Bought by
Bergin Pual and Pantle Douglas

Purchase Details

Closed on
Sep 21, 2010
Sold by
Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

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
S & K Vacations 1 Llc $400,000 None Listed On Document
Bjs Land Co Mqa Llc $295,000 Oneida Title & Abstract Inc
Gilster Holdings Llc $265,000 Oneida Title Abstract Inc
Minocquaholics Llc $219,000 Oneida Title & Abstract Inc
Bergin Pual $103,000 --
Wells Fargo Bank Na $122,529 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bjs Land Co Mqa Llc $236,000
Previous Owner Minocquaholics Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $295,000 -1.3% $154 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $299,000 +12.8% $156 / Sq Ft
03/01/2021 03/01/21 Sold $265,000 -3.6% $138 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
10/19/2020 10/19/20 For Sale $274,900 +25.5% $144 / Sq Ft
06/28/2019 06/28/19 Sold $219,000 -8.4% $134 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
03/02/2018 03/02/18 For Sale $239,000 -- $146 / 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 $2,833 $269,200 $50,000 $219,200
2023 $2,791 $269,200 $50,000 $219,200
2022 $2,384 $269,200 $50,000 $219,200
2021 $2,638 $269,200 $50,000 $219,200
2020 $2,359 $269,200 $50,000 $219,200
2019 $2,232 $211,400 $50,000 $161,400
2018 $2,138 $211,400 $50,000 $161,400
2017 $2,089 $211,400 $50,000 $161,400
2016 $2,200 $211,400 $50,000 $161,400
2015 $2,145 $211,400 $50,000 $161,400
2014 $2,145 $211,400 $50,000 $161,400
2011 $2,471 $276,800 $60,000 $216,800
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Northwoods MLS

MLS Number: 191248

Greater Northwoods MLS

APN: MI 7224