$1,200,000
SOLD JUN 30, 2025

W349N5556 Lake Dr Oconomowoc, WI 53066

5 Beds
3.5 Baths
2,244 Sq Ft
0.55 Acres

Recently Sold

$535 Per Sq Ft

2 Days on Market

Highlights

  • Boathouse
  • Water Views
  • Cape Cod Architecture
  • Meadow View Elementary School Rated A
  • Guest House
  • Wooded Lot

About This Home

As of June 2025

Incredible opportunity to own this Okauchee Lake property with 2 homes on one lot, including a rare 2BR/1.5BA lakeside wet boathouse! Enjoy nearly 50 ft. of no wake frontage and incredible lake views. Plenty of lakeside deck, patio, and balcony space to enjoy front row to the 4th of July fireworks. Lot is deep and homes sit well off the main road. Plenty of mature trees. Large 3-car detached garage and lots of extra parking. Main home features 3 BR's and 2 baths. Lots of possibilities to tear down or renovate the main home and have your future dream lake property with guest house. Or rent one or both homes. Optional Sylvan A22 new pontoon boat can be included for the right offer! Don't miss your chance to get on Okauchee Lake for the summer and enjoy everything the lake has to offer!

Last Agent to Sell the Property

Paul Liebe

Lake Country Flat Fee Brokerage Email: info@lakecountryflatfee.com License #51587-90 Listed on: 06/13/2025

Last Buyer's Agent

Mark Mulvaney

Epique Realty Germantown License #80928-94

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,590

Lot Details

  • 0.55 Acre Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic System

Additional Features

  • Boathouse
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number OCOT0574072

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,590

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.55
  • Inclusions: Appliances, pier, 22 ft Sylvan A22 Pontoon Boat negotiable
  • Directions: County Road P/Brown St. to W. Lake Dr., east to Lake Dr., left to home on right
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: 2 Story
  • Attribution Contact: info@lakecountryflatfee.com
  • Property Information:Est Total Sq Ft: 2244
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Has Basement: Full, Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Wooded, View of Water
  • Construction Type: Other
  • Other Structures: Storage Shed, Boat House, Guest House

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Parking Features: Parking Space
  • Garage Type: Detached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic System

Schools

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

Lot Info

  • Lot Size Sq Ft: 23958
  • Parcel #: OCOT0574072

Tax Info

  • Tax Annual Amount: 8590
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Jun 24, 2025
Sold by
Nathan E Ludtke Revocable Trust and Ludtke Nathan E
Bought by
Tjb Real Estate Llc
Seller's Agent
Paul Liebe
Lake Country Flat Fee
Buyer's Agent
Mark Mulvaney
Epique Realty Germantown
List Price
$1,199,900
Sold Price
$1,200,000
Premium/Discount to List
$100
0.008%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-79.54%

Purchase Details

Listed on
Nov 14, 2024
Closed on
Jan 16, 2025
Sold by
Nathan E Ludtke Revocable Trust
Bought by
Nathan E Ludtke Revocable Trust and Ludtke
Seller's Agent
Lynn Becker
Shorewest Realtors, Inc.
Buyer's Agent
Kristine Liebe
Lake Country Flat Fee
List Price
$1,000,000
Sold Price
$1,020,000
Premium/Discount to List
$20,000
2%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.71%
Original Mortgage
$203,500
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2024
Closed on
Nov 27, 2024
Sold by
Claudia H Seaton Trust
Bought by
Nathan E Ludtke Revocable Trust
Seller's Agent
Lynn Becker
Shorewest Realtors, Inc.
Buyer's Agent
Kristine Liebe
Lake Country Flat Fee
List Price
$1,000,000
Sold Price
$1,020,000
Premium/Discount to List
$20,000
2%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2010
Sold by
Vermeulen Machiel and Vermeulen Michelle
Bought by
Seaton Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2009
Sold by
Seaton Claudia
Bought by
Vermeulen Michelle and Vermeulen Machiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 15, 2009
Sold by
Fote Stephen F
Bought by
Seaton Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 1996
Sold by
Matter Marc M and Matter Janne C
Bought by
Fote Stephen F
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,200,000 None Listed On Document
Quit Claim Deed -- Doma Title Insurance
Deed $1,020,000 Merit Title
Deed $1,020,000 Merit Title
Warranty Deed -- None Available
Warranty Deed $185,000 None Available
Warranty Deed $570,000 None Available
Warranty Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $203,500 New Conventional
Previous Owner $286,100 New Conventional
Previous Owner $296,250 New Conventional
Previous Owner $185,000 Seller Take Back
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $90,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $1,200,000 0.0% $535 / Sq Ft
06/15/2025 06/15/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $1,199,900 +17.6% $535 / Sq Ft
11/27/2024 11/27/24 Sold $1,020,000 +2.0% --
11/14/2024 11/14/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $1,000,000 -- --
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 $8,590 $713,200 $421,400 $291,800
2023 $7,986 $713,200 $421,400 $291,800
2022 $8,752 $713,200 $421,400 $291,800
2021 $7,920 $582,700 $354,100 $228,600
2020 $7,802 $582,700 $354,100 $228,600
2019 $7,635 $582,700 $354,100 $228,600
2018 $7,691 $557,400 $337,000 $220,400
2017 $7,698 $557,400 $337,000 $220,400
2016 $7,507 $516,300 $314,200 $202,100
2015 $7,814 $516,300 $314,200 $202,100
2014 $8,058 $516,300 $314,200 $202,100
2013 $8,058 $521,800 $314,200 $207,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1921818

Metro MLS

APN: OCOT-0574-072