NOT LISTED FOR SALE

8512 Hower Rd Minocqua, WI 54548

Estimated Value: $250,000 - $896,000

3 Beds
1 Bath
800 Sq Ft
$800/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $420,000 $525 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,734/month

47 Days on Market

Highlights

  • Lake Front
  • Views
  • High Speed Internet
  • 3 Car Detached Garage
  • Forced Air Heating System
  • Wood Siding

About This Home

As of August 2019

Incredible opportunity to be on the sought after Minocqua Chain of Lakes! This 3-bedroom/1-bathroom cottage sits on 70' of sand frontage on Kawaguesaga Lake. Close proximity to Minocqua and all the amenities of town. An open concept living space, with views from the living room that make you feel like you're sitting on the water. The sun room is heated and can be enjoyed all year-round, this room is where you will want to spend all of your time looking out over the lake. Plenty of storage for all of your toys with the 3-car detached garage. Furnishings are negotiable, making this a truly turn-key opportunity for you to start enjoying your Northwoods getaway!

Last Agent to Sell the Property

Stephanie Wotachek

REDMAN REALTY GROUP, LLC Listed on: 07/03/2019

Last Buyer's Agent

Stephanie Wotachek

REDMAN REALTY GROUP, LLC Listed on: 07/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,395

Lot Details

  • 0.56 Acre Lot
  • Lake Front

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Crawl Space
  • Laundry on main level
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Public Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 01601-4366-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,395

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: KAWAGUESAGA (Kewasokogan)
  • Ownership: Fee Simple
  • Directions: Take Hwy 51 North. Left on Hwy 70 West to a Left on Hower Rd. Property on left right after curve. #8512.
  • Above Grade Finished Sq Ft: 800.0
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes

Exterior Features

  • Lot Features: Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Gravel Driveway
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: Main Level
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Utilities: High Speed Internet Connected
  • Water Source: Driven Well, Well

Schools

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

Lot Info

  • Lot Size Sq Ft: 24213.0
  • Parcel #: 01601-4366-0000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2395.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 21, 2019
Sold by
Bageanis Kimberly
Bought by
Schmitt Brian R and Schmitt Alicaia A
Seller's Agent
Stephanie Wotachek
REDMAN REALTY GROUP, LLC
Buyer's Agent
Stephanie Wotachek
REDMAN REALTY GROUP, LLC
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%
Current Estimated Value
$640,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,342
Avg. Annual Appreciation
7.13%
Original Mortgage
$378,000
Outstanding Balance
$331,058
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$309,284
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
Schmitt Brian R $420,000 Oneida Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Brian R $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $420,000 -1.2% $525 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $424,900 -- $531 / 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 $4,067 $402,200 $312,000 $90,200
2023 $4,005 $402,200 $312,000 $90,200
2022 $3,418 $402,200 $312,000 $90,200
2021 $3,776 $402,200 $312,000 $90,200
2020 $3,372 $402,200 $312,000 $90,200
2019 $2,498 $248,400 $185,600 $62,800
2018 $2,395 $248,400 $185,600 $62,800
2017 $2,338 $248,400 $185,600 $62,800
2016 $2,466 $248,400 $185,600 $62,800
2015 $2,399 $248,400 $185,600 $62,800
2014 $2,399 $248,400 $185,600 $62,800
2011 $2,756 $324,700 $274,900 $49,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 179508

Greater Northwoods MLS

APN: 01601-4366-0000