NOT LISTED FOR SALE

8518 Dam Rd Minocqua, WI 54548

Estimated Value: $776,000 - $1,059,000

5 Beds
3.5 Baths
5,518 Sq Ft
$164/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $756,000 $137 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,039/month

54 Days on Market

Highlights

  • Lake Front
  • Indoor Spa
  • Wood Burning Stove
  • Docks
  • Deck
  • Wooded Lot

About This Home

As of November 2022

This impressive 5 BR/4 bath home sits between the Tomahawk River and Lake Kawaguesaga. 190’ +/- ft owned frontage on the river. Owners also have a transferable use license for lake access and placement of a dock on Lake Kawaguesaga. It features a sprawling main floor with 4BR. The main suite has a 2-sided FP & office with lake views and is separated from the other BRs with a massive great room/dining area, eat in kitchen, den w/ WB stove, half bath plus a laundry room with a view. The LL is 95% finished with a rec room, family room, BR/BA, bonus/exercise room plus storage/utility area. There are 2 water heaters and 2 furnaces. New roof in 2020. Large deck with lake views & a hot tub plus a large front deck. Plenty of storage inside and out w/ attached and detached garages. Convenient location only minutes from town with Spectrum internet/cable. There is no owned frontage on Kawaga/see License & map. This is a unique opportunity without the taxes of a property on the chain.

Last Agent to Sell the Property

Janel Pagels

REDMAN REALTY GROUP, LLC License #50761 - 90 Listed on: 09/19/2022

Last Buyer's Agent

Janel Pagels

REDMAN REALTY GROUP, LLC License #50761 - 90 Listed on: 09/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,481

Year Built

  • Built in 1978

Lot Details

  • 1.35 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Zoning described as Recreational

Parking

  • 2 Car Garage
  • Heated Garage
  • Driveway
  • Additional Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 1-Story Property
  • Dry Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Free Standing Fireplace
  • Fireplace Features Blower Fan
  • Stone Fireplace
  • Gas Fireplace
  • Indoor Spa
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Drilled Well
  • Gas Water Heater
  • Public Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 01601-2162-0003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,481

Year Built

Built in 1978

Lot Details

0

Parking

2

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),Tomahawk River
  • Ownership: Trust
  • Directions: Hwy 51 North, Left on Old Hwy 70, Left on Doctor Pink, Right on Dam Rd to property on Left
  • Above Grade Finished Sq Ft: 2787.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Egress Windows, Full, Interior Entry, Partially Finished, Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2731.0
  • Fireplace Features: Blower Fan, Free Standing, Gas, Multiple, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Dry Bar, High Ceilings, Hot Tub/Spa, Bath in Primary Bedroom, Main Level Primary, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Dead End, Lake Front, Level, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Brick, Frame, Stone, Wood Siding
  • Exterior Features: Dock, Landscaping, Paved Driveway
  • Other Structures: Garage(s)
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Detached, Underground, Garage, Two Car Garage, Heated Garage, Driveway

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Utilities: Cable Available, Phone Available, Underground Utilities
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Shopping

Schools

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

Lot Info

  • Lot Size Sq Ft: 58998.0
  • Parcel #: 01601-2162-0003
  • Zoning Description: Recreational

Tax Info

  • Tax Annual Amount: 3481.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Nov 7, 2022
Sold by
Laurence Kevin J and Revoc Lynn
Bought by
Faul Addison J
Seller's Agent
Janel Pagels
REDMAN REALTY GROUP, LLC
Buyer's Agent
Janel Pagels
REDMAN REALTY GROUP, LLC
List Price
$799,900
Sold Price
$756,000
Premium/Discount to List
-$43,900
-5.49%
Views
100
Current Estimated Value
$904,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,393
Avg. Annual Appreciation
5.91%
Original Mortgage
$604,800
Outstanding Balance
$582,349
Interest Rate
5.95%
Mortgage Type
New Conventional
Estimated Equity
$322,044

Purchase Details

Closed on
Apr 5, 2017
Sold by
Laurence Kevin J and Laurence Lynn R
Bought by
Laurence Kevin J and Laurence Lynn R
Source: Public Records
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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
Faul Addison J $756,000 Oneida Title
Laurence Kevin J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faul Addison J $604,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2022 11/21/22 Sold $756,000 -5.5% $137 / Sq Ft
09/23/2022 09/23/22 For Sale $799,900 -- $145 / 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 $4,272 $422,500 $60,000 $362,500
2023 $4,207 $422,500 $60,000 $362,500
2022 $3,483 $422,500 $60,000 $362,500
2021 $3,966 $422,500 $60,000 $362,500
2020 $3,462 $422,500 $60,000 $362,500
2019 $3,928 $399,900 $60,000 $339,900
2018 $3,795 $399,900 $60,000 $339,900
2017 $3,726 $399,900 $60,000 $339,900
2016 $3,926 $399,900 $60,000 $339,900
2015 $3,825 $399,900 $60,000 $339,900
2014 $3,825 $399,900 $60,000 $339,900
2011 $3,906 $463,700 $85,000 $378,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 199103

Greater Northwoods MLS

APN: 01601-2162-0003