NOT LISTED FOR SALE

E1503 Penny Ln Iola, WI 54945

Estimated Value: $305,000 - $411,000

2 Beds
1 Bath
738 Sq Ft
$502/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $303,600 $411 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,224/month

62 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Cul-De-Sac
  • Wooded Lot
  • 3 Car Garage
  • Walk-In Closet

About This Home

As of February 2022

Your own slice of Paradise! Come check out this charming year round waterfront home with acreage, a large garage + additional storage bldgs! This successful VRBO rental comes with everything included & has 7 years of successful rental history. Graham Lake is a 54 acre (29 feet deep) spring fed lake which offers great fishing right off the pier. Paddle around the lake, take a floatie out in the clean, clear water to the swim platform, hop in your pontoon/fishing boat for a ride or just enjoy amazing sunsets from the poured concrete patio w/ pergola. Relax and get away from it all, just a few hours north of Madison, 2.5 hrs from Milwaukee, 25 minutes from Stevens Point and Waupaca. Look no further - this is your escape from the hustle & bustle + instant rental income!

Last Agent to Sell the Property

Angela LeSage

RE/MAX Lyons Real Estate License #90-57719 Listed on: 12/16/2021

RE/MAX Lyons Real Estate

Last Buyer's Agent

Non-Member Account

RANW Non-Member Account

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1970

Lot Details

  • 1.5 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Wooded Lot

Home Design

  • Block Foundation
  • Cedar Shake Siding

Interior Spaces

  • 738 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 3 Car Garage
  • Tandem Garage
  • Driveway

Schools

  • Iola/Scandinavia Elementary School
  • Iola Middle School
  • Iola High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • The lake is a source of water for the property
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,456

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Type: Residential
  • Architecture: Ranch
  • Tax Municipality: Iola, Town of
  • Building Style: 1 Story
  • Livinggreat Rm Level: Main
  • Municipality: Town of Iola
  • Remarks Exclusions Public: Traeger Grill/smoker, ATV, Trailer, two boat tubes in garage + pictures/artwork in dining room, living room & paneled bedroom. See Attachments
  • Remarks Inclusions Public: Furniture, 2 paddle boards, 3 kayaks, paddle boat, swim platform, pier, 5 Pc polywood furniture, outdoor dining set, grill, hammock, fire pit + more
  • Estimated Year Built: 1970
  • Remarks Public: Your own slice of Paradise! Come check out this charming year round waterfront home with acreage, a large garage + additional storage bldgs! This successful VRBO rental comes with everything included & has 7 years of successful rental history. Graham Lake is a 54 acre (29 feet deep) spring fed lake which offers great fishing right off the pier. Paddle around the lake, take a floatie out in the clean, clear water to the swim platform, hop in your pontoon/fishing boat for a ride or just enjoy amazing sunsets from the poured concrete patio w/ pergola. Relax and get away from it all, just a few hours north of Madison, 2.5 hrs from Milwaukee, 25 minutes from Stevens Point and Waupaca. Look no further - this is your escape from the hustle & bustle + instant rental income!
  • Tax Municipal Sub Area: None
  • Water Features Other: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Appliances Included: Oven/Range, Refrigerator
  • Fireplaces: Wood Burning, 1 Fireplace
  • Interior Misc Included: Walk-In Closet
  • Total Bathrooms: 1
  • Bathrooms Finished Full: 1
  • Bathrooms Number Full Main: 1
  • Finished Bedrooms: 2
  • Bedroom 1 Primary: 11x11
  • Bedroom 1 Primary Level: Main
  • Primary Bedroom/Bathrooms Features: Master Bath None, Master Bed 1st Floor
  • Bedroom 2: 10x11
  • Bedroom 2 Level: Main
  • Kitchen: 8x8
  • Kitchen Level: Main
  • Formal Dining: 10x9
  • Formal Dining Level: Main
  • Living/Great Room: 16x16
  • Lower Level: Crawl
  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Finished Above Grade Est: 738
  • Sq Ft Total Finished Above And Below: 738
  • Price Per Sq Ft: 411.38

Exterior Features

  • Estimated Water Frontage: 80
  • Exterior Finish: Wood/Wood Shake/Cedar
  • Exterior Misc Included: Patio, Storage Shed
  • Foundation: Block
  • Other Water Features: Dock/Pier, Motorized Lake
  • Water: Private Well
  • Water Frontage: Yes
  • Water Type: Lake

Garage/Parking

  • Garage: Detached
  • Driveway: Garage # 1-Unpaved, Garage # 2-None
  • Number of Car Spaces: 3 or 3.5 Cars
  • Garage1 Type: Attached-Tandem
  • Total Number of Garages: 3

Utilities

  • Heating Cooling: Forced Air, Window A/C
  • Heating Fuel Type: Lp Gas
  • Waste: Septic Holding Tank
  • Water Body Name: Graham Lake

Schools

  • School District: Iola-Scandinavia
  • Elementary School: Iola/Scandinavia
  • Middle School: Iola
  • High School: Iola

Lot Info

  • Estimated Acres: 1.5
  • Deeded Access: Unknown
  • Flood Plain: Unknown
  • Lot Description: Cul-De-Sac, Wooded
  • Zoning: Residential
  • Geo Address Line: E1503 Penny Ln
  • Geo Primary City: Iola
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 09 10 13 21
  • Tax Net Amt: 2456
  • Tax Year: 2020

MLS Schools

  • School District: Iola-Scandinavia
  • Elementary School: Iola/Scandinavia
  • High School: Iola
  • Middle School: Iola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 23, 2022
Sold by
Johnson Lisa R and Johnson Jeffrey J
Bought by
Knobloch Eric M
Seller's Agent
Angela LeSage
RE/MAX Lyons Real Estate
Buyer's Agent
Non-Member Account
RANW Non-Member Account
List Price
$299,900
Sold Price
$303,600
Premium/Discount to List
$3,700
1.23%
Current Estimated Value
$368,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,497
Avg. Annual Appreciation
5.01%
Original Mortgage
$253,800
Outstanding Balance
$239,237
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$119,993

Purchase Details

Closed on
Jan 11, 2015
Sold by
Johnson Lisa R and Lange Lisa R
Bought by
Johnson Lisa R and Johnson Jeffrey J

Purchase Details

Closed on
Mar 31, 2005
Sold by
Foerst Bryan A
Bought by
Lange Lisa R and Foerst Lisa R
Source: Public Records

Range of Values:

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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
Knobloch Eric M $303,600 Anderson Kaye E
Johnson Lisa R -- None Available
Lange Lisa R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knobloch Eric M $253,800
Previous Owner Johnson Lisa R $70,590
Previous Owner Johnson Lisa R $122,400
Previous Owner Johnson Lisa R $126,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $303,600 +1.2% $411 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $299,900 -- $406 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $2,496 $195,400 $86,400 $109,000
2023 $2,496 $195,400 $86,400 $109,000
2022 $2,306 $128,900 $58,800 $70,100
2021 $2,462 $128,900 $58,800 $70,100
2020 $2,452 $128,900 $58,800 $70,100
2019 $2,395 $128,900 $58,800 $70,100
2018 $2,292 $128,900 $58,800 $70,100
2017 $2,322 $128,900 $58,800 $70,100
2016 $2,322 $128,900 $58,800 $70,100
2015 $2,317 $128,900 $58,800 $70,100
2014 $2,366 $128,900 $58,800 $70,100
2013 $2,438 $128,900 $58,800 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50252203

REALTORS® Association of Northeast Wisconsin

APN: 09-10-13-21