NOT LISTED FOR SALE

8616 Lakeview Dr Unit 1 Minocqua, WI 54548

Estimated Value: $223,000 - $323,000

1 Bed
1 Bath
579 Sq Ft
0.88 Acres

Last Sold December 20, 2017

Last sale price $119,000 $206 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,632/month

88 Days on Market

Highlights

  • Lake Front
  • Recreation Facilities
  • Shops
  • Contemporary Architecture
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam

About This Home

As of December 2017

ISLAND COVE CONDO - MINOCQUA LAKE - Lake Minocqua first floor condominium with designated dock space. Easy destination with access right off Hwy 51. Close to downtown and many different types of recreation are within walking distance. This one bedroom, one bath unit has many upgrades inside and out. Eat in kitchen and an attached 3 season porch make this a must see. enjoy the lakeviews from the living room or patio and dock that your boat is tied to. New refrigerator, AC unit and stove. Rental management available or us it for yourself and friends. Rental income has been great for this unit and fees are only $175. per month.

Last Agent to Sell the Property

JOAN STUCKENBERG

RE/MAX PROPERTY PROS-MINOCQUA Listed on: 09/22/2017

Co-Listed By

Kelly Ferg

RE/MAX PROPERTY PROS-MINOCQUA License #52864 - 90

Last Buyer's Agent

Coralee Erickson

LAKEPLACE.COM - VACATIONLAND PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,184

Year Built

  • Built in 1970

Lot Details

  • Lake Front

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Composite Building Materials
  • Masonite
  • Stone

Interior Spaces

  • 579 Sq Ft Home
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Well
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7215

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • Island Cove Condominiums Subdivision
  • Shops

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,184

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 205x186
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: MINOCQUA
  • Co List Office Mls Id: 619
  • Co List Office Phone: (715)480-4333
  • Ownership: Condominium
  • Subdivision Name: Island Cove Condominiums
  • Directions: HWY 51N, left at Lakeview Dr. by Lawrence, Tyler Law Office and Island Cove sign.
  • Above Grade Finished Sq Ft: 579.0
  • Architectural Style: Contemporary
  • Year Built: 1970
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Cable TV

Exterior Features

  • Lot Features: Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Composite Siding, Frame, Masonite, Stone
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, 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: Recreation Area, Shopping
  • Association Fee: 175.0
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 38333.0
  • Parcel #: 7215
  • Zoning Description: Residential/Commercial

Tax Info

  • Tax Annual Amount: 1184.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Dec 20, 2017
Sold by
Husting Matthew G
Bought by
Zuehlke Richard J and Karez Heather L
Seller's Agent
JOAN STUCKENBERG
RE/MAX PROPERTY PROS-MINOCQUA
Buyer's Agent
Coralee Erickson
LAKEPLACE.COM - VACATIONLAND PROPERTIES
List Price
$129,700
Sold Price
$119,000
Premium/Discount to List
-$10,700
-8.25%
Current Estimated Value
$270,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,741
Avg. Annual Appreciation
11.87%
Original Mortgage
$95,200
Outstanding Balance
$79,599
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$196,468

Purchase Details

Listed on
Apr 21, 2015
Closed on
Oct 1, 2015
Sold by
Lederman Lon E
Bought by
Husting Matthew G
Seller's Agent
JOAN STUCKENBERG
CENTURY 21 GREATER NORTHWOODS
Buyer's Agent
JOAN STUCKENBERG
CENTURY 21 GREATER NORTHWOODS
List Price
$122,800
Sold Price
$113,113
Premium/Discount to List
-$9,687
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Listed on
May 1, 2012
Closed on
Aug 2, 2012
Sold by
Tjaden Peter R
Bought by
Lederman Lon E and Lederman Michelle L
Seller's Agent
JULIE MANTHEI
SHOREWEST - MINOCQUA
Buyer's Agent
JOAN STUCKENBERG
CENTURY 21 GREATER NORTHWOODS
List Price
$119,900
Sold Price
$116,000
Premium/Discount to List
-$3,900
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.79%
Original Mortgage
$85,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Zuehlke Richard J $119,000 Knight Barry Title Services
Husting Matthew G $113,113 --
Lederman Lon E $116,000 Oneida Title & Abstract, Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuehlke Richard J $95,200
Previous Owner Lederman Lon E $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $119,000 -8.2% $206 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $129,700 +14.7% $224 / Sq Ft
10/01/2015 10/01/15 Sold $113,113 -7.9% $195 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $122,800 +5.9% $212 / Sq Ft
08/01/2012 08/01/12 Sold $116,000 -3.3% $200 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $119,900 -- $207 / 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 $1,492 $141,800 $69,900 $71,900
2023 $1,470 $141,800 $69,900 $71,900
2022 $1,240 $141,800 $69,900 $71,900
2021 $1,389 $141,800 $69,900 $71,900
2020 $1,227 $141,800 $69,900 $71,900
2019 $1,218 $115,300 $49,200 $66,100
2018 $1,151 $115,300 $49,200 $66,100
2017 $1,124 $115,300 $49,200 $66,100
2016 $1,184 $115,300 $49,200 $66,100
2015 $1,154 $115,300 $49,200 $66,100
2014 $1,154 $115,300 $49,200 $66,100
2011 $1,278 $145,000 $69,900 $75,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 168000

Greater Northwoods MLS

APN: 01601-7215-0000