NOT LISTED FOR SALE

W4582 Academy Ln Lake Geneva, WI 53147

Estimated Value: $1,230,000 - $1,527,000

3 Beds
2.5 Baths
3,106 Sq Ft
$435/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $965,000 $311 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,013/month

85 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Pier or Dock
  • 0.92 Acre Lot
  • Reek Elementary School Rated A
  • Boat Slip
  • Deck

About This Home

As of November 2021

Academy Estates home a short golf cart ride to the transferable Boat slip, Association Swim Pier and Park. Located on just under an acre overlooking beautiful private wooded property! on a cul de sac at the end of a private lane. Home boasts great room with soaring cathedral wood beamed ceiling, parquet wood floors, 2 fireplaces, large kitchen, main floor master suite and fantastic walkout lower level family room. Best of all is the four season porch and 3 decks overlooking the beautiful wooded property! Boat slip is first slip on left side of pier.

Last Agent to Sell the Property

Linda Tonge

Compass Wisconsin-Lake Geneva License #48541-94 Listed on: 08/10/2021

Compass Wisconsin-Lake Geneva

Last Buyer's Agent

Mick Balestrieri

Compass Wisconsin-Lake Geneva License #44483-90

Compass Wisconsin-Lake Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,962

Year Built

  • Built in 1972

Lot Details

  • 0.92 Acre Lot
  • Wooded Lot

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 3,106 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Boat Slip
  • Deck
  • Patio

Schools

  • Reek Elementary School
  • Big Foot High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Rights
  • Well Required
  • Septic System
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Personal possessions of Seller

Community Details

Overview

  • Academy Estates Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,962

Year Built

Built in 1972

Lot Details

0

HOA Fees

$183 per month

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: All Appliances, Washer, Dryer, Water Softener, Boat Lift
  • Directions: From Fontana, South Lake Shore Dr east, then right (south) on Academy Rd, left (east) on Academy Ln. House is at end of the lane.
  • New Construction: No
  • Year Built: 1972
  • Cleared Acreage: 1/2 to 1
  • Architecture: Contemporary, Ranch
  • Full Street Address: W4582 Academy Ln
  • Type 5 Heat Fuel: Natural Gas
  • HOAFeeYearly: 2200.0
  • Kitchen Level: Main
  • Lot Acreage: 0.92
  • Municipality Type: Town
  • Other Rm1 Level: Main
  • Other Rm1 Name: Sun/Four Season Room
  • Property Water Features: Deeded Water Access, Water Access/Rights, Boat Slip, Lake, Pier
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Range, Refrigerator, Washer
  • Has Basement: 8'+ Ceiling, Finished, Full, Full Size Windows, Walk Out/Outer Door, Exposed
  • Interior Amenities: Water Softener, Cable/Satellite Available, High Speed Internet, Skylight(s), Cathedral/vaulted ceiling, Wood or Sim.Wood Floors
  • Bathroom Description: Shower on Lower, Ceramic Tile, Whirlpool, Master Bedroom Bath: Tub/No Shower, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath
  • Room Bedroom2 Level: Lower
  • Bedroom 3 Level: Lower
  • Dining Room Dining Room Level: Main
  • Family Room Level: Lower
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Second Floor Total Sq Ft: 3106.00

Exterior Features

  • Exclusions: Personal possessions of Seller
  • Exterior Features: Deck, Patio
  • Exterior Building Type: 1 Story
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Attached, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: 1 Space

Utilities

  • Water Waste: Well, Private Septic System

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown

Schools

  • School District: Linn J6
  • Elementary School: Reek
  • High School: Big Foot
  • Elementary School: Reek
  • High School: Big Foot
  • Junior High Dist: Linn J6

Lot Info

  • Zoning: Residential
  • Acreage Range: 0.5 to .99
  • Lot Description: Wooded

Tax Info

  • Tax Year: 2020
  • Total Taxes: 6962.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Nov 19, 2021
Sold by
Osburn Richard K and Osburn Laura A
Bought by
Gray Steven C and Gray Amy S
Seller's Agent
Linda Tonge
Compass Wisconsin-Lake Geneva
Buyer's Agent
Mick Balestrieri
Compass Wisconsin-Lake Geneva
List Price
$965,000
Sold Price
$965,000
Current Estimated Value
$1,352,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,567
Avg. Annual Appreciation
8.95%
Original Mortgage
$772,000
Outstanding Balance
$699,842
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$652,725

Purchase Details

Closed on
Aug 19, 2014
Sold by
Enskat Albert G and Enskat Astrid
Bought by
Osburn Richard K and Osburn Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2010
Sold by
Enskat Albert G and Enskat Astrid
Bought by
Albert G Enskat and Albert Astrid Enskat Revoca
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
Gray Steven C $965,000 None Available
Osburn Richard K $640,000 None Available
Albert G Enskat -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Steven C $772,000
Previous Owner Osburn Richard K $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $965,000 0.0% $311 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $965,000 -- $311 / 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 $8,842 $1,183,000 $752,900 $430,100
2023 $7,562 $644,900 $367,900 $277,000
2022 $7,441 $644,900 $367,900 $277,000
2021 $7,135 $644,900 $367,900 $277,000
2020 $6,962 $644,900 $367,900 $277,000
2019 $6,635 $644,900 $367,900 $277,000
2018 $7,019 $602,500 $361,000 $241,500
2017 $7,239 $602,500 $361,000 $241,500
2016 $7,168 $602,500 $361,000 $241,500
2015 $6,987 $602,500 $361,000 $241,500
2014 $7,277 $583,200 $361,000 $222,200
2013 $7,277 $583,200 $361,000 $222,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1757215

Metro MLS

APN: IAE00013