$549,900
SOLD AUG 12, 2024

N14975 Thorofare Rd Park Falls, WI 54552

3 Beds
2 Baths
1,836 Sq Ft
1.48 Acres

Recently Sold

$300 Per Sq Ft

12% Below List Price

64 Days on Market

Highlights

  • Lake Front
  • Views
  • Heating System Uses Propane
  • 2 Fireplaces

About This Home

As of August 2024

Beautiful home with huge garage and sunset views on Round Lake of the Pike Lake Chain now available! Sitting on 1.48 Acres with 300' frontage in a highly desired location on the lake, this property won't cease to amaze you! As you enter, you will find a spacious foyer with closet space which leads either downstairs or to the kitchen which offers plenty of cabinet space and newer appliances. Dining area is spacious with great natural lighting, and a tongue and groove finish. The living room offers epic lake views, and a gas burning fieldstone fireplace. There is a large walkout deck of the living room overlooking the lake. 2 main floor bedrooms, and full baths with one being an oversized bath with whirlpool tub and walk in shower. Partially finished basement with additional living room with wood burning fireplace, and additional bedroom. Walk-out to beautifully landscaped yard with swimming frontage. Close to Resorts, National Forest, and more! Has been utilized as a vacation rental.

Last Agent to Sell the Property

Pete Seifert

FIRST WEBER - BESSEMER Listed on: 05/22/2024

FIRST WEBER - BESSEMER

Last Buyer's Agent

Derek Larson

FIRST WEBER - MINOCQUA

FIRST WEBER - MINOCQUA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,746

Lot Details

  • 1.48 Acre Lot
  • Lake Front

Home Design

  • Frame Construction

Interior Spaces

  • 2 Fireplaces
  • Stone Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Propane
  • Drilled Well

Listing and Financial Details

  • Assessor Parcel Number 010-114110000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,746

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Surface Type: Paved
  • Water Body Name: ROUND
  • Ownership: Fee Simple
  • Directions: From Hwy 70, Go South on FR 144 for 2 Miles to Right on Thorofare Rd for 3/4 Mile to property on Left
  • Above Grade Finished Sq Ft: 1392.0
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 444.0
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes

Exterior Features

  • Lot Features: Lake Front
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame

Garage/Parking

  • Parking Features: Four Car Garage, Four or more Spaces

Utilities

  • Heating: Propane
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 64469.0
  • Parcel #: 010-114110000

Tax Info

  • Tax Annual Amount: 5746.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Aug 12, 2024
Sold by
Shelton Rex M
Bought by
Walter Douglas E and Walter Laurie G.
Seller's Agent
Pete Seifert
FIRST WEBER - BESSEMER
Buyer's Agent
Derek Larson
FIRST WEBER - MINOCQUA
List Price
$625,000
Sold Price
$549,900
Premium/Discount to List
-$75,100
-12.02%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
Apr 26, 2021
Sold by
Shelton Rex M
Bought by
Shelton Rex M

Purchase Details

Listed on
Aug 25, 2016
Closed on
May 14, 2018
Sold by
Shelton Rex M
Bought by
Shelton and Jennifer Ann Carlson Rex M
Seller's Agent
George Gunderson
REDMAN REALTY GROUP, LLC
Buyer's Agent
Adam Tutt
RE/MAX ACTION NORTHWOODS REALTY, LLC
List Price
$330,000
Sold Price
$285,000
Premium/Discount to List
-$45,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%
Source: Public Records

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Range of Values:

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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 $549,900 Gowey Title
Quit Claim Deed $323,800 --
Quit Claim Deed $285,000 --
Warranty Deed $285,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $639,900 +16.4% $349 / Sq Ft
08/12/2024 08/12/24 Sold $549,900 0.0% $300 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $549,900 -8.3% $300 / Sq Ft
06/18/2024 06/18/24 Price Changed $599,900 -4.0% $327 / Sq Ft
05/22/2024 05/22/24 For Sale $625,000 +119.3% $340 / Sq Ft
05/14/2018 05/14/18 Sold $285,000 -13.6% $111 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
08/25/2016 08/25/16 For Sale $330,000 -- $129 / 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 $6,546 $421,900 $266,100 $155,800
2023 $5,991 $421,900 $266,100 $155,800
2022 $5,786 $323,800 $197,300 $126,500
2021 $6,014 $323,800 $197,300 $126,500
2020 $6,203 $323,800 $197,300 $126,500
2019 $5,740 $323,800 $197,300 $126,500
2018 $5,923 $323,800 $197,300 $126,500
2017 $5,382 $323,800 $197,300 $126,500
2016 $5,472 $323,800 $197,300 $126,500
2015 $5,499 $323,800 $197,300 $126,500
2013 $6,694 $407,100 $252,300 $154,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 206944

Greater Northwoods MLS

APN: 50-010-4-40-03-26-5 05-004-04000