NOT LISTED FOR SALE

N2832 Rainbow Dr Waupaca, WI 54981

Estimated Value: $1,255,000 - $2,330,507

0.48 Acres
$3,428,129 Price per Acre
20,909 Sq Ft Lot

Sale Details

Date Sold: June 12, 2020

Last sale price $500,000

Est. 229% increase in value since last sale

Current estimated payment $10,275 / mo

39 Days on Market

About This Lot

As of June 2020

Now is the time to build your dream home on a beautiful lot on the 'Chain' with sand frontage and an easy slope to the water. Fantastic views of the sun rises and sun sets. Also, available is the newly remodeled home next door. Please call for a showing.

Last Agent to Sell the Property

Kristine Shambeau

Shambeau & Grenlie Real Estate, LLC License #94-5765 Listed on: 05/01/2020

Last Buyer's Agent

Kristine Shambeau

Shambeau & Grenlie Real Estate, LLC License #94-5765 Listed on: 05/01/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,526

Lot Details

  • 20,909 Sq Ft Lot
  • Waterfront
  • Sloped Lot
  • Wooded Lot

Utilities

  • Water Not Available
  • The lake is a source of water for the property

Property Details

Property Type

Land

Est. Annual Taxes

$6,526

Lot Details

0.48 Acres

Listing Details

  • Class: Vacant Land
  • Type: Vacant Land
  • Tax Municipality: Farmington, Town of
  • Improvements On Site: Driveway In
  • Remarks Public: Now is the time to build your dream home on a beautiful lot on the 'Chain' with sand frontage and an easy slope to the water. Fantastic views of the sun rises and sun sets. Also, available is the newly remodeled home next door. Please call for a showing.
  • Tax Municipal Sub Area: None
  • Water Features Other: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Other Water Features: Water Ski Lake, Motorized Lake
  • Water Frontage: Yes
  • Water Type: Lake

Utilities

  • Water Body Name: Rainbow
  • Waste Disposal System: Municipal Sewer Avail
  • Water System Available Installed: No Water

Lot Info

  • Estimated Acres: 0.48
  • Flood Plain: Unknown
  • Lot Description: Sloping, Wooded
  • Zoning: Residential
  • Utilities Available to Parcel: Cable, Electric, Natural Gas, Telephone, High Speed Internet Avail
  • Geo Address Line: N2832 Rainbow Dr
  • Geo Primary City: Waupaca
  • Geo Quality: 0.95
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 05 34 71 05
  • Tax Net Amt: 6526.41

MLS Schools

  • School District: Waupaca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 12, 2020
Sold by
Morrison Family Trust
Bought by
Kopeck Jeri A
Seller's Agent
Kristine Shambeau
Shambeau & Grenlie Real Estate, LLC
Buyer's Agent
Kristine Shambeau
Shambeau & Grenlie Real Estate, LLC
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$1,645,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,145,502
Avg. Annual Appreciation
22.63%

Purchase Details

Closed on
Dec 17, 2019
Sold by
Morrison Gregory L and Morrison Bonni L
Bought by
Morrison Bonni L and Morrison Gregory L

Purchase Details

Listed on
Apr 29, 2014
Closed on
Oct 8, 2015
Sold by
First National Bank
Bought by
Morrison Gregory L and Morrison Bonni L
Seller's Agent
Benjamin Lyons
RE/MAX Lyons Real Estate
Buyer's Agent
Kristine Shambeau
Shambeau & Grenlie Real Estate, LLC
List Price
$645,000
Sold Price
$370,000
Premium/Discount to List
-$275,000
-42.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%

Purchase Details

Closed on
Apr 11, 2014
Sold by
Heckler Alan and Heckler Carie
Bought by
First National Bank

Purchase Details

Listed on
Apr 21, 2012
Closed on
Sep 14, 2012
Sold by
Gething William A and Gething Karen A
Bought by
Heckler Alan and Heckler Carie
Seller's Agent
Stephen Huhta
EXP Realty LLC
Buyer's Agent
Benjamin Lyons
RE/MAX Lyons Real Estate
List Price
$750,000
Sold Price
$610,000
Premium/Discount to List
-$140,000
-18.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$610,000
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kopeck Jeri A $1,500,000 None Listed On Document
Morrison Bonni L -- None Available
Morrison Gregory L $370,000 None Available
First National Bank $1,152,000 None Available
Heckler Alan $610,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heckler Alan $610,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $500,000 -9.1% --
06/09/2020 06/09/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $550,000 +48.6% --
10/16/2015 10/16/15 Sold $370,000 -42.6% -- View Prior Sale
10/02/2015 10/02/15 Pending -- -- --
04/29/2014 04/29/14 For Sale $645,000 +5.7% --
09/15/2012 09/15/12 Sold $610,000 -18.7% -- View Prior Sale
08/17/2012 08/17/12 Pending -- -- --
04/21/2012 04/21/12 For Sale $750,000 -- --
Source: REALTORS® Association of Northeast Wisconsin

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 $17,887 $1,134,700 $345,500 $789,200
2023 $15,805 $1,134,700 $345,500 $789,200
2022 $5,326 $420,500 $345,500 $75,000
2021 $6,567 $370,400 $370,400 $0
2020 $6,504 $370,400 $370,400 $0
2019 $6,526 $370,400 $370,400 $0
2018 $7,200 $370,400 $370,400 $0
2017 $7,084 $370,400 $370,400 $0
2016 $7,084 $370,400 $370,400 $0
2015 $6,967 $370,400 $370,400 $0
2014 $6,899 $370,400 $370,400 $0
2013 $6,941 $370,400 $370,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristine Shambeau

    Seller's Agent in 2020

    Kristine Shambeau

    Shambeau & Grenlie Real Estate, LLC

    (715) 281-7227

    24 in this area

    37 Total Sales

    Kristine Shambeau
    Section Image
  • Benjamin Lyons

    Seller's Agent in 2015

    Benjamin Lyons

    RE/MAX

    (715) 258-9565

    124 in this area

    260 Total Sales

    Benjamin Lyons
    Section Image
  • Stephen Huhta

    Seller's Agent in 2012

    Stephen Huhta

    EXP Realty LLC

    (920) 889-9989

    16 in this area

    34 Total Sales

    Stephen Huhta
    Section Image
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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50221265

REALTORS® Association of Northeast Wisconsin

APN: 05-34-71-5

Wisconsin Waupaca County Waupaca 54981

N2832 Rainbow Dr, Waupaca, WI

Not Listed for Sale

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