NOT LISTED FOR SALE

N16595 Patterson Lake Rd Park Falls, WI 54552

Estimated Value: $117,000 - $193,000

1 Bed
1 Bath
500 Sq Ft
$310/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $69,000 $138 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $955/month

208 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Heating System Uses Propane
  • Secluded Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of February 2017

(253) Picturesque Patterson Lake is the setting for this one plus bedroom lakefront cottage located approx. 13+/- miles east of Park Falls in the Chequamegon National Forest. Secluded setting at the end of a town road this 4+/- acre parcel has 145+/- feet of sandy/gravelly frontage with a western exposure. Fish, hunt, enjoy the Northwoods from this peaceful waterfront retreat. Asking $89,900. (1-40N-2E)

Last Agent to Sell the Property

Pete Bushman

BIRCHLAND REALTY, INC - PARK FALLS Listed on: 07/01/2016

Last Buyer's Agent

MARK WAGNER

HILGART REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,212

Lot Details

  • 4 Acre Lot
  • Lake Front
  • Rural Setting
  • Secluded Lot
  • Wooded Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Chequamegon Elementary School
  • Chequamegon Middle School
  • Chequamegon High School

Utilities

  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1602, 1605

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,212

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Water Body Name: PATTERSON
  • Ownership: Fee Simple
  • Directions: From Park Falls Hwy. 13 north to right onto Hwy. 182, approx. 13 miles to right onto Patterson Lake Rd., 1/2 mile to property on left.
  • Above Grade Finished Sq Ft: 500.0
  • Architectural Style: One Story
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Mixed

Exterior Features

  • Lot Features: Lake Front, Rural Lot, Secluded, Views, Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Gravel, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Propane, Pellet Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Other
  • Utilities: Sewer Connected
  • Water Source: Driven Well, Well

Schools

  • Elementary School: PR Chequamegon
  • High School: PR Chequamegon
  • Middle Or Junior School: PR Chequamegon (Park Falls / Glidden)

Lot Info

  • Lot Size Sq Ft: 174240.0
  • Parcel #: 1602, 1605
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1212.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Fuller-Shilts Formerly Aiello Jennifer L
Bought by
Shilts Brandon A
Current Estimated Value
$155,000

Purchase Details

Listed on
Jul 1, 2016
Closed on
Feb 3, 2017
Sold by
Hoffman Robert G
Bought by
Aiello Jennifer L
Seller's Agent
Pete Bushman
BIRCHLAND REALTY, INC - PARK FALLS
Buyer's Agent
MARK WAGNER
HILGART REALTY INC
List Price
$89,900
Sold Price
$69,000
Premium/Discount to List
-$20,900
-23.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
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
Shilts Brandon A $60,000 --
Aiello Jennifer L $69,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2017 02/03/17 Sold $69,000 -23.2% $138 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
07/06/2016 07/06/16 For Sale $89,900 -- $180 / 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 $1,334 $68,500 $35,500 $33,000
2023 $1,218 $68,500 $35,500 $33,000
2022 $952 $57,600 $35,500 $22,100
2021 $971 $57,600 $35,500 $22,100
2020 $178 $10,600 $10,600 $0
2019 $164 $10,600 $10,600 $0
2018 $165 $10,600 $10,600 $0
2017 $464 $35,100 $35,100 $0
2016 $455 $35,100 $35,100 $0
2015 $477 $35,100 $35,100 $0
2013 $496 $35,100 $35,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 159418

Greater Northwoods MLS

APN: 50-004-4-40-02-01-4 01-000-20000