NOT LISTED FOR SALE

w 7341 Pair O Lakes Rd Unit 7 Spooner, WI 54801

Estimated Value: $321,000 - $376,000

6 Beds
3.5 Baths
3,921 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $480,000 $122 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $2,224/month

8 Days on Market

Highlights

  • Lake Front
  • Cooling Available
  • Wood Siding
  • Deck
  • Forced Air Heating System

About This Home

As of June 2023

Great investment opportunity awaits at the Northwoods Hidden Hideaway. Here’s your chance to own a fully functional, highly profitable, short term rental property/family cabin. This 3,900 sq. ft. renovated 6 bedroom cabin has a great cozy feel. Fun property with amazing reviews has a great entertainment bar area, multiple kitchens to feed many and room galore for all it’s wonderful guests. Clients just love the sandy beach swimming area, swim raft, outdoor space along with great fishing making this the perfect place to create family memories to last a lifetime. Property is booked solid with clientele for 9 weeks straight from June 17th to August 19th an average weekly rental of around $5500 per week. Optional potential to increase the business even further by renting out other weeks! Buy before June 16th and collect all the profits. Located in a great recreational area for ATVing and Snowmobiling. Sold turnkey with all furnishings and items pertaining to the business included.

Last Listed By

Donnie Marker

Dane Arthur Real Estate Agency/Birchwood Brokerage Phone: 715-354-9773 License #83272-94 Listed on: 05/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,431

Year Built

  • Built in 1900

Lot Details

  • 5,493 Sq Ft Lot
  • Lake Front
  • Zoning described as Recreational,Residential

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Lake Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Shared Well
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Sellers Personal
  • Assessor Parcel Number 8843

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,431

Year Built

Built in 1900

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: From Spooner: Take County Hwy K north, turn left onto Pair-O-Lakes Road, the property will be on the left.
  • Lot Size: 0 x 0 x
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1900
  • Lot Size Acres: 0.1261
  • View Type:Pond View: Lake
  • Water Body Name: Lincoln
  • Attribution Contact: 715-354-9773
  • Co List Office Phone: 715-354-9773
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3700.0
  • Architectural Style: One and One Half Story
  • Reso Fireplace Features: None
  • Unit Levels: One and One Half
  • Living Area: 3921.0
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1578.0
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Partial, Walk-Out Access
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 221.0
  • Fireplace: No

Exterior Features

  • Exterior Features: Dock
  • Fencing: None
  • Foundation Details: None
  • Waterfront: Yes
  • View: Yes
  • Waterfront Features: Lake
  • Exclusions: Sellers Personal
  • Construction Type: Wood Siding
  • Other Structures: None
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, No Garage

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Spooner

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 8843
  • Zoning Description: Recreational,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3430.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Burkholder Nathan
Bought by
Mh & Mh Properties Llc
Total Days on Market
8
Current Estimated Value
$348,286

Purchase Details

Listed on
May 6, 2023
Closed on
Jun 13, 2023
Sold by
Orth Robert W
Bought by
Burkholder Nathan
Seller's Agent
Donnie Marker
Dane Arthur Real Estate Agency/Birchwood
Buyer's Agent
Donnie Marker
Dane Arthur Real Estate Agency/Birchwood
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.69%

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
Mh & Mh Properties Llc $349,900 Ryan M. Benson, Attorney At La
Burkholder Nathan $480,000 T.M. Title Services, Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $480,000 -4.0% $122 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $499,900 -- $127 / Sq Ft
Source: Northwestern 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
2023 $3,017 $240,400 $46,100 $194,300
2022 $3,030 $265,700 $71,400 $194,300
2021 $2,097 $158,400 $69,700 $88,700
2020 $2,267 $157,500 $69,700 $87,800
2019 $2,161 $157,500 $69,700 $87,800
2018 $3,782 $246,800 $69,700 $177,100
2017 $3,683 $246,800 $69,700 $177,100
2016 $3,733 $246,800 $69,700 $177,100
2015 $3,578 $246,800 $69,700 $177,100
2014 $363 $246,800 $69,700 $177,100
2012 $3,244 $259,900 $74,800 $185,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1572882

Northwestern Wisconsin Multiple Listing Service

APN: 65-014-2-40-13-25-516-958-503000