NOT LISTED FOR SALE

E1879 Hoffman Ln Iola, WI 54945

Estimated Value: $220,000 - $254,000

2 Beds
1 Bath
768 Sq Ft
$313/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $197,000 $257 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,500/month

78 Days on Market

Highlights

  • Waterfront
  • 1-Story Property
  • Central Air
  • 2 Car Detached Garage

About This Home

As of January 2023

Oh, the lake views from this 2-bedroom ranch home on Selmer Lake in Iola! Nestled among the pines, this home is located just north of Iola, minutes from an award-winning golf course, the Iola Old Car Show, and year -round recreational fun! Approx. 115 ft of firm sandy frontage (per GIS) on 34 acre no-wake Selmer Lake. Enjoy kayaking, swimming, fishing for panfish, ice skating, or just relax and enjoy the views! Open concept kitchen/living room, large screened in porch, detached 2 car garage, 12x24 heated and air-conditioned workshop, wood burning stove, electric baseboard heat, metal roof on home, and so much more! Hoffman Lane is a private road. Additional items included.

Last Agent to Sell the Property

Faye Wilson

Faye Wilson Realty LLC License #90-56045 Listed on: 11/09/2022

Last Buyer's Agent

Jeff Eggers

First Weber, Inc. License #94-52813

First Weber, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1972

Lot Details

  • 0.75 Acre Lot
  • Waterfront

Home Design

  • Block Foundation
  • Cedar Shake Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Central Air
  • The lake is a source of water for the property
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,880

Year Built

Built in 1972

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 Inclusions Public: Stove, refrigerator, microwave, freezer, pier & swimming dock, pizza ovens, convection oven, woodburning stove, snowblower, lawnmower, Tv & TV antenna
  • Estimated Year Built: 1972
  • Remarks Public: Oh, the lake views from this 2-bedroom ranch home on Selmer Lake in Iola! Nestled among the pines, this home is located just north of Iola, minutes from an award-winning golf course, the Iola Old Car Show, and year -round recreational fun! Approx. 115 ft of firm sandy frontage (per GIS) on 34 acre no-wake Selmer Lake. Enjoy kayaking, swimming, fishing for panfish, ice skating, or just relax and enjoy the views! Open concept kitchen/living room, large screened in porch, detached 2 car garage, 12x24 heated and air-conditioned workshop, wood burning stove, electric baseboard heat, metal roof on home, and so much more! Hoffman Lane is a private road. Additional items included.
  • Tax Municipal Sub Area: None
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Fireplaces: Free Standing Stove
  • Total Bathrooms: 1
  • Bathrooms Finished Full: 1
  • Bathrooms Number Full Main: 1
  • Finished Bedrooms: 2
  • Bedroom 1 Primary: 11x11
  • Bedroom 1 Primary Level: Main
  • Bedroom 2: 10x11
  • Bedroom 2 Level: Main
  • Kitchen: 13x11
  • Kitchen Level: Main
  • Living/Great Room: 17x11
  • Unfinished Room 1: 20x10
  • Unfinished Room 1 Description: Screen Porch
  • Unfinished Room 1 Level: Main
  • Lower Level: Crawl
  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Finished Above Grade Est: 768
  • Sq Ft Total Finished Above And Below: 768
  • Price Per Sq Ft: 256.51
  • PRIMARYBDBATHFEATURES: Primary Bath None, Primary Bed 1st Floor

Exterior Features

  • Estimated Water Frontage: 116
  • Exterior Finish: Wood/Wood Shake/Cedar
  • Foundation: Block
  • Water: Private Well
  • Water Frontage: Yes
  • Water Type: Lake

Garage/Parking

  • Garage: Detached
  • Driveway: Garage # 1-Concrete, Garage # 2-None
  • Number of Car Spaces: 2 Car
  • Garage1 Type: Detached-NonTandem
  • Total Number of Garages: 2

Utilities

  • Heating Cooling: Central A/C
  • Heating Fuel Type: Electric, Wood
  • Waste: Conventional Septic
  • Water Body Name: Selmer Lake

Schools

  • School District: Iola-Scandinavia

Lot Info

  • Estimated Acres: 0.75
  • Deeded Access: Yes
  • Flood Plain: Unknown
  • Lot Description: Subj to Shoreland Zoning
  • Zoning: Agricultural
  • Geo Address Line: E1879 Hoffman Ln
  • Geo Primary City: Iola
  • Geo Quality: 1
  • Geo Subdivision: WI
  • Geo Zoom Level: 19

Tax Info

  • Assessor Parcel Number: 09-11-72-21
  • Tax Net Amt: 1880
  • Tax Year: 22

MLS Schools

  • School District: Iola-Scandinavia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 20, 2023
Sold by
Raymond A Michalski Revocable Trust
Bought by
Dysert Lyle M
Seller's Agent
Faye Wilson
Faye Wilson Realty LLC
Buyer's Agent
Jeff Eggers
First Weber, Inc.
List Price
$215,000
Sold Price
$197,000
Premium/Discount to List
-$18,000
-8.37%
Views
30
Current Estimated Value
$240,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,288
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Michalski Ray A
Bought by
Raymond A Michalski Revocable Trust
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
Dysert Lyle M $197,000 --
Raymond A Michalski Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michalski Ray A $5,073
Previous Owner Michalski Ray A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $197,000 -8.4% $257 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $215,000 -- $280 / 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 $2,071 $151,700 $64,500 $87,200
2023 $1,923 $151,700 $64,500 $87,200
2022 $1,639 $105,800 $53,800 $52,000
2021 $1,754 $105,800 $53,800 $52,000
2020 $1,814 $105,800 $53,800 $52,000
2019 $1,732 $105,800 $53,800 $52,000
2018 $1,693 $105,800 $53,800 $52,000
2017 $1,892 $105,800 $53,800 $52,000
2016 $1,752 $105,800 $53,800 $52,000
2015 $1,889 $105,800 $53,800 $52,000
2014 $1,930 $105,800 $53,800 $52,000
2013 $1,989 $105,800 $53,800 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50268402

REALTORS® Association of Northeast Wisconsin

APN: 09-11-72-21