NOT LISTED FOR SALE

8532 Mercer Lake Rd Minocqua, WI 54548

Estimated Value: $311,000 - $331,000

2 Beds
1.5 Baths
1,208 Sq Ft
$266/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $220,000 $182 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,844/month

52 Days on Market

Highlights

  • River Front
  • Chalet
  • Wood Burning Stove
  • 137,214 Sq Ft lot
  • Deck
  • Private Lot

About This Home

As of January 2021

TOMAHAWK RIVER 4 SEASON COTTAGE: Cute and cozy chalet/salt box style cottage with over 3 acres of privacy and 194' frontage on the scenic Tomahawk River! Just 10 minutes from Minocqua and all conveniences makes this charmer the perfect recreational headquarters. Easy access to snowmobile trails for wintertime fun; and a few minutes drive to Minocqua Winter Park for XC skiing. Put your canoe or kayak in the river, and paddle the tranquil waters while you drop in a line for a brook trout. Your cottage has a full basement for storage and expansion possibilities, a ready-to-finish upper level bedroom and bath, and knotty pine open concept main floor living, complete with stone veneer wood burning fireplace and dual full-lite doors that lead to the wraparound open air deck. Easy care flooring; attractive and efficient kitchen. Open loft works for overflow guests and al fresco sleeping / naps. New furnace 9/2020. Attractive price point for a cute year round getaway, or your simple home.

Last Agent to Sell the Property

Pete Rondello

REDMAN REALTY GROUP, LLC License #44714 - 90 Listed on: 11/13/2020

Last Buyer's Agent

Cassi Rupnow

SHOREWEST - MINOCQUA

SHOREWEST - MINOCQUA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,561

Year Built

  • Built in 1998

Lot Details

  • 3.15 Acre Lot
  • River Front
  • Rural Setting
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Chalet
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,208 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Stone Fireplace
  • Water Views
  • Washer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement
  • Stubbed For A Bathroom

Outdoor Features

  • Deck
  • Open Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number MI 2117 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,561

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: Tomahawk River
  • Ownership: Fee Simple
  • Above Grade Finished Sq Ft: 1208.0
  • Architectural Style: Chalet/Alpine, Bungalow
  • Garage Yn: No
  • Property Attached Yn: No
  • Year Built: 1998
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Electric Water Heater
  • Has Basement: Full, Bath/Stubbed, Sump Pump, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Level, Private, Rural Lot, Secluded, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, River Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Exterior Features: Propane Tank - Leased
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Conventional Sewer
  • Utilities: Phone Available
  • Water Source: Driven Well, Well

Lot Info

  • Lot Size Sq Ft: 137214.0
  • Parcel #: MI 2117 3
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1561.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 5, 2021
Sold by
Greifenstein Louis
Bought by
Lundbohni Brooke E and Cefalu Jamie Anthony
Seller's Agent
Pete Rondello
REDMAN REALTY GROUP, LLC
Buyer's Agent
Cassi Rupnow
SHOREWEST - MINOCQUA
List Price
$218,000
Sold Price
$220,000
Premium/Discount to List
$2,000
0.92%
Current Estimated Value
$320,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,820
Avg. Annual Appreciation
8.30%
Original Mortgage
$175,200
Outstanding Balance
$156,339
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$164,481
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
Lundbohni Brooke E $220,000 Oneida Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundbohni Brooke E $175,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $220,000 +0.9% $182 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
11/13/2020 11/13/20 For Sale $218,000 -- $180 / 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 $1,711 $169,200 $30,000 $139,200
2023 $1,685 $169,200 $30,000 $139,200
2022 $1,422 $169,200 $30,000 $139,200
2021 $1,588 $169,200 $30,000 $139,200
2020 $1,399 $169,200 $30,000 $139,200
2019 $1,561 $155,200 $42,500 $112,700
2018 $1,484 $155,200 $42,500 $112,700
2017 $1,448 $155,200 $42,500 $112,700
2016 $1,528 $155,200 $42,500 $112,700
2015 $1,486 $155,200 $42,500 $112,700
2014 $1,486 $155,200 $42,500 $112,700
2011 $1,342 $160,100 $53,600 $106,500
Source: Public Records

Agents Affiliated with this Home

  • Pete Rondello

    Seller's Agent in 2021

    Pete Rondello

    REDMAN REALTY GROUP, LLC

    (715) 892-2524

    28 in this area

    129 Total Sales

    Pete Rondello
    Section Image

  • C

    Buyer's Agent in 2021

    Cassi Rupnow

    SHOREWEST - MINOCQUA

    (715) 892-2774

    24 in this area

    94 Total Sales

    Cassi Rupnow
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 188269

Greater Northwoods MLS

APN: MI 2117 3

Wisconsin Oneida County Minocqua 54548

8532 Mercer Lake Rd, Minocqua, WI

This home is located at 8532 Mercer Lake Rd, Minocqua, WI 54548 since 13 November 2020 and is currently estimated at $320,820, approximately $265 per square foot. This property was built in 1998. 8532 Mercer Lake Rd is a home located in Oneida County with nearby schools including Lakeland High School, Lakeland STAR School--Strong Talented Adventurous Remarkable, and Lakeland STAR Academy (LSA).

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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