NOT LISTED FOR SALE

W1053 7 Island Lake Dr Gleason, WI 54435

Estimated Value: $643,000

3 Beds
3 Baths
2,464 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $411,000 $167 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,680/month

42 Days on Market

Highlights

  • Boathouse
  • Docks
  • Main Floor Primary Bedroom
  • Lake Front
  • Deck
  • Views

About This Home

As of September 2023

Meticulously maintained, move-in ready cabin sits among the treetops, overlooking 131-acre, full rec. Seven Island Lake. With 165 feet of sandy, clear shoreline, a boathouse, 2 docks, access to ATV trails and public islands, there is ample opportunity for outdoor adventure. This 3-bedroom, 3-bathroom lakeside retreat features living room with fireplace, main level master bathroom, deck overlooking the lake, large family room in the basement with additional living space and bonus kitchenette. Sitting on two lots, this hillside property has multiple terraces to maximize outdoor living. Septic is sized for a 2 bedroom

Last Agent to Sell the Property

Ransey Osness

FIRST WEBER - RHINELANDER License #90764 - 94 Listed on: 08/15/2023

FIRST WEBER - RHINELANDER

Last Buyer's Agent

Chris Raasch

WOODLAND LAKES REALTY, LLC License #56928 - 90

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,176

Lot Details

  • 0.46 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Landscaped

Parking

  • 5 Parking Spaces

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • French Doors
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement
  • Basement Window Egress

Outdoor Features

  • Boathouse
  • Docks
  • Deck
  • Open Patio
  • Playground

Utilities

  • Heating Available
  • Drilled Well
  • Electric Water Heater
  • Water Softener
  • Public Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Roger Paszek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 010-3408-154-9904

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,176

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Private Road
  • Water Body Name: SEVEN ISLAND
  • Ownership: Fee Simple
  • Subdivision Name: Roger Paszek
  • Directions: From Hwy 17 go West on Hwy B 3.3 miles turn right on W Seven Island Dr. at fork in the road stay right and continue to W1053 W Seven Island Lake Dr. From Hwy 51 head east on Hwy D 9 miles continue straight on Hwy B for 4.6 miles turn left
  • Above Grade Finished Sq Ft: 1352.0
  • Garage Yn: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished Or Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Water Softener, Washer
  • Has Basement: Exterior Entry, Egress Windows, Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1112.0
  • Door Features: French Doors
  • Fireplace Features: Multiple
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bath in Primary Bedroom, Main Level Primary, Pantry, Cable TV

Exterior Features

  • Lot Features: Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Lake Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Dock, Landscaping, Playground, Patio
  • Other Structures: Boat House
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: Washer Hookup, In Basement
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
  • Utilities: Cable Available, Phone Available
  • Water Source: Drilled Well

Lot Info

  • Lot Size Sq Ft: 20038.0
  • Parcel #: 010-3408-154-9904

Tax Info

  • Tax Annual Amount: 3176.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 29, 2023
Sold by
Dale And Susan Mitchell Revocable Trust
Bought by
Leach Nicholas R and Kristan M.
Seller's Agent
Ransey Osness
FIRST WEBER - RHINELANDER
Buyer's Agent
Chris Raasch
WOODLAND LAKES REALTY, LLC
List Price
$379,000
Sold Price
$411,000
Premium/Discount to List
$32,000
8.44%
Views
41
Current Estimated Value
$643,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,000
Avg. Annual Appreciation
24.01%
Source: Public Records

Range of Values:

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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
Leach Nicholas R $411,000 Northwoods Title & Closing Ser
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $411,000 +8.4% $167 / Sq Ft
08/17/2023 08/17/23 For Sale $379,000 -- $154 / 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 $3,698 $266,700 $114,000 $152,700
2023 $3,107 $230,600 $114,000 $116,600
2022 $3,176 $230,600 $114,000 $116,600
2021 $2,682 $230,600 $114,000 $116,600
2020 $3,434 $230,600 $114,000 $116,600
2019 $3,327 $230,600 $114,000 $116,600
2018 $3,247 $230,600 $114,000 $116,600
2017 $3,371 $230,600 $114,000 $116,600
2016 $3,068 $230,600 $114,000 $116,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 203303

Greater Northwoods MLS

APN: 010-3408-154-9904