$165,000
SOLD JAN 10, 2025

E1961 Hoffman Ln Iola, WI 54945

2 Beds
1 Bath
680 Sq Ft
2 Acres

Recently Sold

$243 Per Sq Ft

11% Above List Price

45 Days on Market

Highlights

  • Waterfront
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2025

Escape to tranquility with this charming 2 bedroom, 1 bathroom home, situated on 80 feet of frontage along Selmer Lake! This cozy retreat offers the ideal balance of peaceful lakeside living and convenient access to the best of what the Northwoods has to offer—all just under an hour's drive from the Valley. Some recent updates include the holding tank and roof. This property offers endless opportunities for relaxation and adventure. Don't miss your chance to own a slice of paradise! Sellers prefer 48 hour binding acceptance.

Last Agent to Sell the Property

Matt Schmitz

LIV Wisconsin Realty License #94-99112 Listed on: 11/18/2024

Last Buyer's Agent

Matt Schmitz

LIV Wisconsin Realty License #94-99112 Listed on: 11/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 1964

Lot Details

  • 2 Acre Lot
  • Waterfront

Parking

  • No Driveway

Home Design

  • Block Foundation
  • Cedar Shake Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Iola/Scandinavia Elementary School
  • Iola High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,483

Year Built

Built in 1964

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: Sellers Personal Property
  • Remarks Inclusions Public: Refrigerator, Stove/oven range, 2 sheds, Dock, paddle boat, and 14' fiber glass boat.
  • Estimated Year Built: 1964
  • Remarks Public: Escape to tranquility with this charming 2 bedroom, 1 bathroom home, situated on 80 feet of frontage along Selmer Lake! This cozy retreat offers the ideal balance of peaceful lakeside living and convenient access to the best of what the Northwoods has to offer—all just under an hour's drive from the Valley. Some recent updates include the holding tank and roof. This property offers endless opportunities for relaxation and adventure. Don't miss your chance to own a slice of paradise! Sellers prefer 48 hour binding acceptance.
  • Tax Municipal Sub Area: None
  • Water Features Other: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Appliances Included: Refrigerator, Oven/Range
  • Bathrooms Finished Full: 1
  • Bathrooms Number Full Main: 1
  • Finished Bedrooms: 2
  • Bedroom 1 Primary: 9x8
  • Bedroom 1 Primary Level: Main
  • Bedroom 2: 8x8
  • Bedroom 2 Level: Main
  • Kitchen: 10x6
  • Kitchen Level: Main
  • Living/Great Room: 17x13
  • Unfinished Room 1: 19x8
  • 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: 680
  • Sq Ft Total Finished Above And Below: 680
  • PRIMARYBDBATHFEATURES: Primary Bath 1st Fl, Primary Bed 1st Floor

Exterior Features

  • Exterior Finish: Wood/Wood Shake/Cedar
  • Exterior Misc Included: Storage Shed
  • Foundation: Block
  • Other Water Features: Electric Motor Only, No Wake Lake
  • Water: Private Well
  • Water Frontage: Yes
  • Water Type: Lake

Garage/Parking

  • Driveway: Garage # 2-None

Utilities

  • Heating Cooling: Forced Air
  • Heating Fuel Type: Oil
  • Waste: Septic Holding Tank
  • Water Body Name: Selmer Lake

Lot Info

  • Estimated Acres: 2
  • Deeded Access: Yes
  • Flood Plain: Unknown
  • Zoning: Residential
  • Geo Address Line: E1961 Hoffman Ln
  • Geo Primary City: Iola
  • Geo Quality: 0.95
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 09 11 72 13
  • Tax Net Amt: 1483

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Jan 2, 2025
Sold by
Bellefeuil Irene L
Bought by
Bani Pierre-Quentin R and Bani Alyssa A
Seller's Agent
Matt Schmitz
LIV Wisconsin Realty
Buyer's Agent
Matt Schmitz
LIV Wisconsin Realty
List Price
$149,000
Sold Price
$165,000
Premium/Discount to List
$16,000
10.74%
Views
130
Current Estimated Value
$181,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,036
Avg. Annual Appreciation
9.82%
Source: Public Records

Range of Values:

--
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 Type Sale Price Title Company
Warranty Deed $165,000 None Listed On Document
Warranty Deed $165,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $165,000 +10.7% $243 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
11/18/2024 11/18/24 For Sale $149,000 -- $219 / 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 $1,483 $118,100 $53,800 $64,300
2023 $1,483 $118,100 $53,800 $64,300
2022 $1,512 $85,800 $51,200 $34,600
2021 $1,616 $85,800 $51,200 $34,600
2020 $1,609 $85,800 $51,200 $34,600
2019 $1,573 $85,800 $51,200 $34,600
2018 $1,502 $85,800 $51,200 $34,600
2017 $1,520 $85,800 $51,200 $34,600
2016 $1,520 $85,800 $51,200 $34,600
2015 $1,520 $85,800 $51,200 $34,600
2014 $1,553 $85,800 $51,200 $34,600
2013 $1,601 $85,800 $51,200 $34,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50301141

REALTORS® Association of Northeast Wisconsin

APN: 09-11-72-13