NOT LISTED FOR SALE

W346N5364 Elm Ave Okauchee, WI 53069

Estimated Value: $1,001,000 - $1,061,000

2 Beds
1.5 Baths
1,443 Sq Ft
$722/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $1,000,000 $693 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,177/month

4 Days on Market

Highlights

  • Boathouse
  • Access To Lake
  • Main Floor Primary Bedroom
  • Meadow View Elementary School Rated A
  • Waterfront
  • 1 Car Detached Garage

About This Home

As of October 2024

Come see this Okauchee Lake cottage built in the 1950's with 86' of wonderful frontage at the very end of Elm Ave (no traffic!)! Renovate this charming vintage home or use this fantastic parcel to build the new lake house of your dreams! With 2 bedrooms, 1.5 bathrooms, a living room and a retro kitchen - this cottage could certainly be brought up to modern day standards. Down at the lake you'll find excellent hard-bottom frontage - perfect for swimming, kayaking and watching the 4th of July fireworks. Located on a no-wake channel, this property has big water views, a boathouse at the water's edge and easy access to all the fun that Okauchee Lake has to offer. Summer 2025 is right around the corner!

Last Agent to Sell the Property

Bruce Gallagher

Keller Williams Realty-Lake Country License #75491-94 Listed on: 09/12/2024

Keller Williams Realty-Lake Country

Last Buyer's Agent

Kimberly Stark

First Weber Inc - Delafield License #57346-94

First Weber Inc - Delafield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,051

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront

Parking

  • 1 Car Detached Garage
  • 1 to 5 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1,443 Sq Ft Home
  • 2-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Access To Lake
  • Boathouse
  • Patio
  • Shed

Schools

  • Oconomowoc High School

Utilities

  • Central Air
  • Heating Available
  • Well Required

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,051

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: All appliances and mechanicals located on premises
  • Directions: Highway 16 to County Highway P south. Turn right at end of ramp. Turn left onto Wisconsin Ave, past gas station to Elm Avenue. Follow Elm to the end/sign/address
  • New Construction: No
  • Year Built: 1950
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: W346N5364 Elm AVENUE
  • Type 5 Heat Fuel: Electric
  • Kitchen Level: Lower
  • Lot Acreage: 0.23
  • Municipality Type: Town
  • Property Water Features: Waterfrontage on Lot, Boat House, Lake, 51-100 feet, View of Water
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: None / Slab
  • Bathroom Description: Tub Only, Ceramic Tile, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Dining Room Dining Room Level: Lower
  • Family Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 9
  • Second Floor Total Sq Ft: 1443.00

Exterior Features

  • Exclusions: Seller's personal property
  • Exterior Features: Patio
  • Exterior Building Type: 2 Story
  • Exterior: Fiber Cement, Wood
  • Out Buildings: Garden Shed

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 1 Car
  • Garage Spaces: 1.0
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Municipal Sewer, Well

Schools

  • High School: Oconomowoc
  • Junior High Dist: Oconomowoc Area

Lot Info

  • Zoning: RES
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 8051.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 15, 2024
Sold by
Prairie Trust and Marien Irrevocable Trust
Bought by
Jipp Ryan and Jipp Kirby
Seller's Agent
Bruce Gallagher
Keller Williams Realty-Lake Country
Buyer's Agent
Kimberly Stark
First Weber Inc - Delafield
List Price
$949,900
Sold Price
$1,000,000
Premium/Discount to List
$50,100
5.27%
Views
30
Current Estimated Value
$1,041,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,515
Avg. Annual Appreciation
3.91%
Original Mortgage
$766,550
Outstanding Balance
$758,260
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$283,255

Purchase Details

Closed on
Jun 13, 2024
Sold by
Kenneth J Marien and Prairie Trust
Bought by
Prairie Trust and Marien Irrevocable Trust

Purchase Details

Closed on
Dec 12, 2007
Sold by
Marien Kenneth J and Marien Adele R
Bought by
Marien Kenneth J J and Kenneth J & Adele R Marien Revocable Liv
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
Jipp Ryan $1,000,000 Merit Title
Prairie Trust -- None Listed On Document
Marien Kenneth J J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jipp Ryan $766,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $1,000,000 +5.3% $693 / Sq Ft
09/19/2024 09/19/24 For Sale $949,900 -- $658 / 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 $8,701 $739,100 $551,900 $187,200
2023 $8,051 $739,100 $551,900 $187,200
2022 $8,820 $739,100 $551,900 $187,200
2021 $7,290 $551,300 $417,600 $133,700
2020 $7,397 $551,300 $417,600 $133,700
2019 $7,237 $551,300 $417,600 $133,700
2018 $6,600 $475,600 $361,300 $114,300
2017 $6,607 $475,600 $361,300 $114,300
2016 $7,169 $492,300 $376,800 $115,500
2015 $7,438 $492,300 $376,800 $115,500
2014 $7,505 $486,800 $376,800 $110,000
2013 $7,505 $486,800 $376,800 $110,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bruce Gallagher

    Keller Williams Realty-Lake Country

    (414) 881-8586

    13 in this area

    138 Total Sales

    Bruce Gallagher
    Section Image
  • Kimberly Stark

    Buyer's Agent in 2024

    Kimberly Stark

    First Weber Inc - Delafield

    (414) 704-6745

    21 in this area

    143 Total Sales

    Kimberly Stark
    Section Image
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Map

Source: Metro MLS

MLS Number: 1891621

Metro MLS

APN: OCOT-0574-146

Wisconsin Waukesha County Okauchee 53069

W346N5364 Elm Ave, Okauchee, WI

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