NOT LISTED FOR SALE

W324N1198 Lapham Peak Rd Delafield, WI 53018

Estimated Value: $665,000 - $931,285

5 Beds
2.5 Baths
3,757 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $632,500 $168 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,924/month

27 Days on Market

Highlights

  • 12.57 Acre Lot
  • Wooded Lot
  • Walk-In Closet
  • Cushing Elementary School Rated A-
  • 3 Car Detached Garage
  • Shed

About This Home

As of August 2021

Remarkable property with the ultimate secluded location near the end of a no-thru street with 12.57 Acres plus an additional 10.55 Acres in an adjoining shared outlot that borders hundreds of acres of Lapham Peak Park. Located minutes from I-94 and downtown Delafield. Rare opportunity to own this property, the current owner has been in this spacious ranch home for 41 years! There is over 3750 SF on 1 level awaiting updates from a new owner. Bring your imagination and HGTV ideas! The property also has a barn built in 1999 w/concrete floor, overhead door, covered porch and upper level. There is also a quaint garden shed (built in 2004). The outbuildings have electricity (one also has water). Don't miss out on this once in a lifetime opportunity!

Last Agent to Sell the Property

Bill Minett

The Real Estate Company Lake & Country License #18978-90 Listed on: 07/30/2021

Last Buyer's Agent

Jennifer Pesicek

Coldwell Banker Elite License #77085-94

Coldwell Banker Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,048

Year Built

  • Built in 1950

Lot Details

  • 12.57 Acre Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3,757 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Shed

Schools

  • Kettle Moraine Middle School
  • Kettle Moraine High School

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • Well Required
  • Septic System

Listing and Financial Details

  • Exclusions: Seller's personal property, basement dehumidifier, firewood under the overhang of the barn porch.

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,048

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Kitchen Appliances, washer & dryer ''as-is''
  • Directions: From I-94 exit on Hwy. C south to Indian Spring, east to Lapham Peak, south to driveway.
  • New Construction: No
  • Year Built: 1950
  • Cleared Acreage: Over 10 to 20 acres
  • Architecture: Ranch
  • Full Street Address: W324N1198 S Lapham Peak Rd
  • Type 5 Heat Fuel: Oil
  • Kitchen Level: Main
  • Lot Acreage: 12.57
  • Municipality Type: Town
  • Other Rm1 Level: Main
  • Other Rm1 Name: Sun/Four Season Room
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: Block, Crawl Space, Full, Sump Pump
  • Interior Amenities: Pantry, Walk-in closet(s)
  • Bathroom Description: Master Bedroom Bath: Tub/Shower Combo, Master Bedroom Bath, Shower Stall
  • Room Bedroom2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Room Bedroom5 Level: Main
  • Den Office Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 18
  • Second Floor Total Sq Ft: 3757.00

Exterior Features

  • Exclusions: Seller's personal property, basement dehumidifier, firewood under the overhang of the barn porch.
  • Exterior Building Type: 1 Story
  • Exterior: Stone, Brick/Stone, Vinyl
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 3 Car
  • Garage Spaces: 3.0

Utilities

  • Water Waste: Well, Private Septic System

Schools

  • School District: Kettle Moraine
  • Middle School: Kettle Moraine
  • High School: Kettle Moraine
  • High School: Kettle Moraine
  • Junior High Dist: Kettle Moraine

Lot Info

  • Zoning: RES
  • Acreage Range: 10 to 19.99
  • Lot Description: Horse Allowed, Wooded

Tax Info

  • Tax Year: 2019
  • Total Taxes: 6047.8

MLS Schools

  • Middle School: Kettle Moraine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 24, 2021
Sold by
Arenz Daley Wesley
Bought by
Raddatz Wade Lee and Raddatz Penelope Violet
Seller's Agent
Bill Minett
The Real Estate Company Lake & Country
Buyer's Agent
Jennifer Pesicek
Coldwell Banker Elite
List Price
$632,500
Sold Price
$632,500
Current Estimated Value
$786,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,071
Avg. Annual Appreciation
7.01%
Original Mortgage
$506,000
Outstanding Balance
$463,423
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$355,216

Purchase Details

Closed on
Feb 24, 2021
Sold by
Arenz Dale W
Bought by
Arenz Dale W and Arenz Peter D
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
Raddatz Wade Lee $632,500 Knight Barry Title
Arenz Dale W -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raddatz Wade Lee $99,000
Open Raddatz Wade Lee $506,000
Previous Owner Arenz Dale W $439,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $632,500 0.0% $168 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $632,500 -- $168 / Sq Ft
Source: Metro 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 $6,520 $497,000 $218,000 $279,000
2023 $6,513 $497,000 $218,000 $279,000
2022 $6,427 $497,000 $218,000 $279,000
2021 $6,303 $497,000 $218,000 $279,000
2020 $6,359 $497,000 $218,000 $279,000
2019 $6,048 $497,000 $218,000 $279,000
2018 $6,114 $497,000 $218,000 $279,000
2017 $7,001 $497,000 $218,000 $279,000
2016 $6,344 $497,000 $218,000 $279,000
2015 $6,415 $497,000 $218,000 $279,000
2014 $6,453 $497,000 $218,000 $279,000
2013 $6,453 $497,000 $218,000 $279,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1755410

Metro MLS

APN: DELT-0833-999-002