NOT LISTED FOR SALE

8742 E Bakely Cir Minocqua, WI 54548

Estimated Value: $531,000 - $691,000

2 Beds
2 Baths
1,232 Sq Ft
$498/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $567,000 $460 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,459/month

194 Days on Market

Highlights

  • Lake Front
  • 313,632 Sq Ft lot
  • Private Lot
  • Docks
  • Deck
  • Wetlands on Lot

About This Home

As of March 2023

Private getaway home tucked in 7+AC of woods on sought-after 1,309-AC Squirrel Lake. 2BR/2BA home meticulously maintained & designed for comfortable living. Travel the winding sidewalk to the covered front entrance. Engineered-wood floors & high ceilings lead to the open-concept kitchen, living, dining area & sunroom that you won’t want to leave! Pella windows & triple patio doors face the lake & open Trex sundeck. A cozy fieldstone, gas fireplace sits in the half-log paneled living room. Kitchen offers counter seating, stainless-steel appliances, & beautiful custom Hickory cabinetry. Down the log stairs is a walk-out basement (3rd BA stubbed in) perfect for family room with space for 3rd BR, opening to an outdoor patio area & boardwalk path to the lake & pier. The 4-car garage is sure to please with its 8’ doors on both ends enabling you to drive through, & loft storage above! If that’s not enough, there is also in-floor heating, mini-split air conditioning, & 200-AMP electric.

Last Agent to Sell the Property

Renee Rasmussen

REDMAN REALTY GROUP, LLC Listed on: 08/18/2022

Last Buyer's Agent

Mike Miller

MILLER & ASSOCIATES REALTY LLC License #52789 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 2004

Lot Details

  • 7.2 Acre Lot
  • Lot Dimensions are 482x816
  • Lake Front
  • Property fronts an easement
  • Stone Retaining Walls
  • Private Lot
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stone Fireplace
  • Gas Fireplace
  • French Doors
  • Water Views
  • Home Security System

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Radiant Floor
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Parking

  • Detached Garage
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Docks
  • Wetlands on Lot
  • Deck
  • Open Patio

Schools

  • Mhlt Elementary School
  • Lakeland Union High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Hot Water Heating System
  • Drilled Well
  • Propane Water Heater
  • Public Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 01601-2828-000K

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,527

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size: 482x816
  • Road Frontage Type: Easement, Other, Town Road
  • Road Surface Type: Paved
  • Water Body Name: SQUIRREL
  • Ownership: Fee Simple
  • Directions: From Minocqua, take Hwy 70W (12 mi) to (L) on Bo Di Lac Dr (3.1 mi) to (L) on W Bakely Circle (1.2 mi) to signs on Left at 8742 - Driveway is easement - property is 1st left on Easement Driveway.
  • Above Grade Finished Sq Ft: 1232.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Gas Oven, Gas Range, Microwave, Propane Water Heater, Refrigerator, Washer/Dryer
  • Has Basement: Daylight, Exterior Entry, Full, Interior Entry, Bath/Stubbed, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Ceramic Tile, Mixed, Other, Tile
  • Interior Amenities: Ceiling Fan(s), Bath in Primary Bedroom, Main Level Primary, Other, Pantry

Exterior Features

  • Lot Features: Lake Front, Private, Secluded, Sloped, Views, Wooded, Wetlands, Retaining Wall
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Dock, Patio, Gravel Driveway, Propane Tank - Leased
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Four Car Garage, Four or more Spaces, Garage, Other, Storage, Driveway, Shared Driveway

Utilities

  • Laundry Features: Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Hot Water, Propane, Other, Radiant Floor, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Utilities: Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Skiing

Schools

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

Lot Info

  • Lot Size Sq Ft: 313632.0
  • Parcel #: 01601-2828-000K
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2527.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Mar 3, 2023
Sold by
Eiche Greg T and Eiche Virginia R
Bought by
Gerhard Benjamin R and Gerhard Jennifer Ann
Seller's Agent
Renee Rasmussen
REDMAN REALTY GROUP, LLC
Buyer's Agent
Mike Miller
MILLER & ASSOCIATES REALTY LLC
List Price
$599,900
Sold Price
$567,000
Premium/Discount to List
-$32,900
-5.48%
Views
408
Current Estimated Value
$613,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,396
Avg. Annual Appreciation
2.77%
Original Mortgage
$497,000
Outstanding Balance
$482,085
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$131,311
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerhard Benjamin R $567,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerhard Benjamin R $497,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $567,000 +3.1% $460 / Sq Ft
01/13/2023 01/13/23 Price Changed $549,900 -8.3% $446 / Sq Ft
08/18/2022 08/18/22 For Sale $599,900 -- $487 / 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 $3,015 $298,200 $91,900 $206,300
2023 $2,969 $298,200 $91,900 $206,300
2022 $2,527 $298,200 $91,900 $206,300
2021 $2,799 $298,200 $91,900 $206,300
2020 $2,491 $298,200 $91,900 $206,300
2019 $2,508 $249,400 $91,800 $157,600
2018 $2,405 $249,400 $91,800 $157,600
2017 $2,348 $249,400 $91,800 $157,600
2016 $2,476 $249,400 $91,800 $157,600
2015 $2,408 $249,400 $91,800 $157,600
2014 $2,408 $249,400 $91,800 $157,600
2011 $2,588 $305,100 $129,600 $175,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 198588

Greater Northwoods MLS

APN: 01601-2828-000K