NOT LISTED FOR SALE

N2228 Rausch Rd Lodi, WI 53555

Estimated Value: $452,887 - $605,000

0.85 Acre
$599,564 Price per Acre
37,026 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $380,000

Est. 34% increase in value since last sale

Current estimated payment $3,058/month

Highlights

  • 1,000 Feet of Waterfront
  • 0.85 Acre Lot
  • Level Lot

About This Lot

As of June 2022

Build your dream home on this awesome .85 acre Lake Wisconsin lot that has fantastic panoramic views overlooking Lake Wisconsin. Three single family units are known as the Promised Land Condo Association. The Promised Land common land consists of an extra 2.69 acres and bay lake frontage which is shared by the three units. This is a very private and rare setting. The quiet bay frontage has a safe swimming area and option for your boat pier. Building sites w actual frontage & pier rights are hard to find, especially at this price point. This amazing opportunity is on the "Lodi side" of Lake Wisconsin which makes your get-away quick & easy, 40 minute commute to Madison, WI. Start enjoying life the way you should be! Lake Wisconsin, where every day feels like a vacation.

Last Agent to Sell the Property

Juli Stinson

Restaino & Associates License #83157-94 Listed on: 04/01/2022

Restaino & Associates

Last Buyer's Agent

Juli Stinson

Restaino & Associates License #83157-94 Listed on: 04/01/2022

Restaino & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,063

Lot Details

  • 0.85 Acre Lot
  • 1,000 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Shore Act
  • Level Lot

Schools

  • Call School District Elementary School
  • Sauk Prairie Middle School
  • Sauk Prairie High School

Utilities

  • Water Not Available
  • No Trash Service
  • Phone Available

Community Details

  • Promised Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11040 9.001

Property Details

Property Type

Land

Est. Annual Taxes

$6,063

Lot Details

0

Listing Details

  • Municipality: West Point
  • Status Detail: Sold
  • Mailing City: Lodi
  • Class: Lots & Acreage
  • Type: Lots & Acreage
  • Type Of Property: Rural
  • Miscellaneous: In an association, Neighborhood/Addtl Fees
  • Legal Description: UNIT 1, PROMISED LAND CONDO AND LTD COMM
  • Price/SqFeet: 10.26
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Has actual water frontage, Lake
  • Waterfront: Yes
  • Lake/River: Wisconsin
  • Waterfrontage: 1000
  • Road: Gravel, Private

Utilities

  • Utilities Avail To Lot: Electricity, Telephone
  • Waste Disposal: None presently
  • Water System: None presently

Schools

  • School District: Sauk Prairie
  • Elementary School: Call School District
  • Middle School: Sauk Prairie
  • High School: Sauk Prairie
  • Elementary School: Call School District
  • High School: Sauk Prairie
  • Middle School: Sauk Prairie
  • School District: Sauk Prairie

Lot Info

  • Lot Description: Subject shoreland zoning
  • Zoning: RES
  • Number Of Lots: 1
  • Present Zoning: Single family
  • Topography: Level, Sloping
  • Total Acres: 0.85
  • Geo Subdivision: WI

Tax Info

  • Land Assessment: 333600
  • Total Assessment: 333600
  • Assessment year: 2021
  • Net Taxes: 6063
  • Tax Year: 2021
  • Assessor Parcel Number: 11040 9.001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 16, 2022
Sold by
Promised Land Retreat Llc A Wisconsin L
Bought by
F. Getzin Gerhardt and F. R. Margaret
Seller's Agent
Juli Stinson
Restaino & Associates
Buyer's Agent
Juli Stinson
Restaino & Associates
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%
Current Estimated Value
$509,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,629
Avg. Annual Appreciation
9.04%

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 6, 2022
Sold by
Pl Llc
Bought by
Promised Land Retreat Llc
Seller's Agent
Juli Stinson
Restaino & Associates
Buyer's Agent
Juli Stinson
Restaino & Associates
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%

Purchase Details

Closed on
Jan 8, 2008
Sold by
Ferris Harlo H
Bought by
Ferris Harlo H and Ferris Ann F
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
F. Getzin Gerhardt $380,000 Atty Jennifer W. Koeppl, Koepp
Promised Land Retreat Llc $380,000 Kyle Lein
Ferris Harlo H $170,450 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold $380,000 -2.5% --
05/23/2022 05/23/22 For Sale $389,900 0.0% --
05/23/2022 05/23/22 Price Changed $389,900 0.0% --
04/01/2022 04/01/22 For Sale $389,900 -- --
Source: South Central Wisconsin Multiple Listing Service

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 $4,363 $380,000 $380,000 $0
2023 $4,600 $380,000 $380,000 $0
2022 $6,293 $333,600 $333,600 $0
2021 $6,063 $333,600 $333,600 $0
2020 $5,819 $333,600 $333,600 $0
2019 $5,678 $333,600 $333,600 $0
2018 $5,591 $333,600 $333,600 $0
2017 $5,533 $333,600 $333,600 $0
2016 $5,386 $333,600 $333,600 $0
2015 $5,558 $333,600 $333,600 $0
2014 $5,461 $333,600 $333,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1930829

South Central Wisconsin Multiple Listing Service

APN: 11040-9.001