NOT LISTED FOR SALE

8508 Reicherts Dr Rhinelander, WI 54501

Estimated Value: $292,000 - $362,461

3 Beds
1 Bath
656 Sq Ft
$508/Sq Ft Est. Value

Last Sold October 27, 2016

Last sale price $145,000 $221 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,039/month

328 Days on Market

Highlights

  • Lake Front
  • Recreation Facilities
  • Shed
  • Stream or River on Lot
  • Views
  • Ceiling Fan

About This Home

As of October 2016

Don't turn the page on this turnkey cabin on Oneida Lake! After enjoying the property as a peaceful getaway for 40 years, seller is including all furnishings...so all you have to do is pack your bags! Set on 180' of solid sand frontage, premier fishing & full recreation opportunities are mere steps away from the door, while impressive lake views fill much of the 3 BR, 1 BA cottage's interior space, including a comfortable living room, full kitchen, and dedicated dining area. An added-and truly unique-feature to the property is additional frontage on Rice Creek, the body of water linking Oneida and Hancock Lakes. Serene sounds babble from the small dam on Oneida Lake and wind their way along the creek into Hancock Lake. The quiet creek's setting may provide a peaceful getaway, but it also propels poles and bobbers under water as panfish school on their way from lake to lake. This property has all the elements for another 40 years of quiet enjoyment. Reel it in before it's gone!

Last Agent to Sell the Property

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 10/26/2015

FIRST WEBER - RHINELANDER

Co-Listed By

Christy Schneider

FIRST WEBER - RHINELANDER License #52848 - 90

Last Buyer's Agent

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 10/26/2015

FIRST WEBER - RHINELANDER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,389

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Property fronts an easement

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 656 Sq Ft Home
  • Ceiling Fan
  • Range
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Stream or River on Lot
  • Shed

Schools

  • Rhinelander High School

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Drilled Well
  • Electric Water Heater

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number WB 104 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,389

Lot Details

1 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Easement
  • Water Body Name: ONEIDA
  • Co List Office Mls Id: 16
  • Co List Office Phone: (715) 365-3000
  • Ownership: Fee Simple
  • Directions: Intersection of K&47 West on K 8.4 miles L on Old K 1.1 miles, L on Oneida Lk rd 0.5 mile, stay straight on Reichert Rd(Oneida Lk rd turns W) 0.1 mile to property on L
  • Above Grade Finished Sq Ft: 656.0
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Lot Features: Lake Front, Stream/Creek
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Shed
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Roof: Composition, Shingle

Utilities

  • Heating: Baseboard, Electric, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Fuses
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area

Schools

  • High School: ON Rhinelander

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: WB 104 6
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2389.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Bibis Matthew J and Bibis Shannon M
Bought by
Bibis Matthew J
Current Estimated Value
$333,487

Purchase Details

Listed on
Oct 26, 2015
Closed on
Oct 27, 2016
Sold by
The Patricia S Blumen Trust Dated June 30 200
Bought by
Bibis Matthew J
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
List Price
$219,500
Sold Price
$145,000
Premium/Discount to List
-$74,500
-33.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bibis Matthew J -- None Listed On Document
Bibis Matthew J $145,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $145,000 -33.9% $221 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $219,500 -- $335 / Sq Ft
Source: Greater Northwoods MLS

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 $3,910 $239,700 $154,400 $85,300
2023 $3,497 $239,700 $154,400 $85,300
2022 $2,643 $231,900 $154,400 $77,500
2021 $3,072 $205,600 $154,400 $51,200
2020 $2,249 $190,600 $154,400 $36,200
2019 $2,144 $190,600 $154,400 $36,200
2018 $2,170 $190,600 $154,400 $36,200
2017 $2,239 $190,600 $154,400 $36,200
2016 $2,478 $190,600 $154,400 $36,200
2015 $2,569 $202,000 $165,800 $36,200
2014 $2,569 $202,000 $165,800 $36,200
2011 $2,304 $202,000 $165,800 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 154019

Greater Northwoods MLS

APN: WB 104 6

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