NOT LISTED FOR SALE

8616 Lakeview Dr Unit 7 Minocqua, WI 54548

Estimated Value: $123,047 - $221,000

1 Bed
1 Bath
300 Sq Ft
0.82 Acres

Last Sold August 15, 2018

Last sale price $57,500 $192 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $918/month

252 Days on Market

Highlights

  • Lake Front
  • Recreation Facilities
  • Shops
  • Docks
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

About This Home

As of August 2018

This one room second floor Condo can be your new vacation get away. Your walkout lake view deck puts you right on the lake, facing west, great sunsets, and your own private dock for boating, fishing and swimming. Popular ice fishing spot is just in front, access to the snowmobile trails and easy parking for trailers. All new Northwoods furnishings, "decor", make for enjoyment of the Northwoods. View your boat from your condo and enjoy the afternoon sitting on the deck. If you're looking for access to the Minocqua Chain, this is the right place for you. Walk to town or just relax at the Island Cove property. It is a small complex so you will not be over whelmed with large crowds. Low assessment fees, and good summer rental history.

Last Agent to Sell the Property

LANCE J. KROLCZYK

FIRST WEBER - MINOCQUA Listed on: 12/04/2017

Last Buyer's Agent

Janel Pagels

REDMAN REALTY GROUP, LLC License #50761 - 90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $534

Lot Details

  • Lake Front
  • West Facing Home

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 300 Sq Ft Home
  • Water Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Docks

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 7221

Community Details

Amenities

  • Shops

Recreation

  • Recreation Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$534

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: MINOCQUA
  • Ownership: Condominium
  • Directions: Hwy 51 S to Island Cove on the RIGHT.
  • Above Grade Finished Sq Ft: 300.0
  • Architectural Style: Other
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl

Exterior Features

  • Lot Features: Lake Front, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Stone, Wood Siding
  • Direction Faces: West
  • Exterior Features: Dock
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Recreation Area, Shopping
  • Association Fee: 175.0
  • Common Interest: Condominium

Schools

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

Lot Info

  • Lot Size Sq Ft: 35719.0
  • Parcel #: 7221

Tax Info

  • Tax Annual Amount: 534.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
Minocqua Island Cove Llc
Bought by
Zuehike Richard and Karcz Heather
Current Estimated Value
$153,512

Purchase Details

Listed on
Dec 4, 2017
Closed on
Aug 15, 2018
Sold by
Fiefield Island Llc
Bought by
Minocqua Island Cove Llc
Seller's Agent
LANCE J. KROLCZYK
FIRST WEBER - MINOCQUA
Buyer's Agent
Janel Pagels
REDMAN REALTY GROUP, LLC
List Price
$63,500
Sold Price
$57,500
Premium/Discount to List
-$6,000
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.85%
Original Mortgage
$46,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Zuehike Richard $90,000 Gowey Abstract & Ttl Co Inc
Minocqua Island Cove Llc $57,500 Oneida Title & Abstract Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Minocqua Island Cove Llc $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $57,500 -9.4% $192 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $63,500 -- $212 / 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 $755 $71,700 $46,600 $25,100
2023 $743 $71,700 $46,600 $25,100
2022 $610 $71,700 $46,600 $25,100
2021 $703 $71,700 $46,600 $25,100
2020 $604 $71,700 $46,600 $25,100
2019 $599 $56,600 $32,800 $23,800
2018 $548 $56,600 $32,800 $23,800
2017 $535 $56,600 $32,800 $23,800
2016 $564 $56,600 $32,800 $23,800
2015 $549 $56,600 $32,800 $23,800
2014 $549 $56,600 $32,800 $23,800
2011 $758 $87,500 $60,500 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 168923

Greater Northwoods MLS

APN: MI 7221