NOT LISTED FOR SALE

W5627 Forest Rd Elkhorn, WI 53121

Estimated Value: $787,000 - $1,038,000

3 Beds
1.5 Baths
1,668 Sq Ft
$554/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • Deck
  • 1-Story Property
  • Tibbets Elementary School Rated A-
  • Wood Flooring
  • Forced Air Heating System

About This Home

Discover a hidden gem on the shores of Lauderdale Lakes. Embrace the excitement of transforming this fixer-upper into a breathtaking lakeside sanctuary. With its prime location on 50' of gentle sloping Middle Lake frontage, stunning views, and partially-tapped potential, this property is just waiting to be revitalized, to be transformed into your dream lakeside retreat. A classic 3 BD 1.5 BA with many updates already in place. Finish the job, or start from scratch, the possibilities are endless. Your journey toward creating the perfect lake home starts here.

Last Buyer's Agent

Karen Ostermeier

Compass Wisconsin-Lake Geneva License #57219-94

Compass Wisconsin-Lake Geneva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,989

Year Built

  • Built in 1970

Lot Details

  • 9,148

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • Elkhorn Area Middle School
  • Elkhorn Area High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Deck
  • 9,148 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number H LG3500023

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,989

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.21
  • Directions: Hwy 67/12 north to Cty Rd A west to Cty Rd H north To Green Lake Dr east to West Shore Dr south to Forest Rd south to property
  • Architectural Style: Colonial
  • Unit Levels: 1 Story
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven, Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer, Window A/C
  • Has Basement: Full, Walk Out/Outer Door, Shower, Full Size Windows, Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Interior Amenities: Wood or Sim Wood Floors, High Speed Internet

Exterior Features

  • Exterior Features: Deck

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Heating: Natural Gas, Forced Air

Schools

  • High School: Elkhorn Area
  • Middle Or Junior School: Elkhorn Area

Lot Info

  • Parcel #: H LG3500023
  • Zoning Description: Residential
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 5989
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 21, 2023
Sold by
Flom Mark A and Flom Laurie D
Bought by
Martinez Shane T and Martinez Kathleen T
Buyer's Agent
Karen Ostermeier
Compass Wisconsin-Lake Geneva
List Price
$812,500
Views
512
Current Estimated Value
$923,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$570,000
Outstanding Balance
$559,215
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$328,156

Purchase Details

Closed on
Mar 31, 2021
Sold by
Flom Mark A and Flom Laurie D
Bought by
Flom Mark A and Flom Laurie D
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
Martinez Shane T $820,000 None Listed On Document
Flom Mark A $10,000 None Listed On Document
Flom Mark A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Shane T $570,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2023 08/27/23 Off Market $812,500 -- --
08/16/2023 08/16/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $812,500 -- $487 / 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 $6,509 $446,900 $337,600 $109,300
2023 $6,469 $446,900 $337,600 $109,300
2022 $6,283 $446,900 $337,600 $109,300
2021 $6,003 $446,900 $337,600 $109,300
2020 $5,942 $446,900 $337,600 $109,300
2019 $6,011 $446,900 $337,600 $109,300
2018 $4,833 $324,400 $216,700 $107,700
2017 $4,845 $324,400 $216,700 $107,700
2016 $4,919 $324,400 $216,700 $107,700
2015 $4,942 $324,400 $216,700 $107,700
2014 $5,512 $324,400 $216,700 $107,700
2013 $5,512 $324,400 $216,700 $107,700
Source: Public Records

Agents Affiliated with this Home

  • Karen Ostermeier

    Buyer's Agent in 2023

    Karen Ostermeier

    Compass Wisconsin-Lake Geneva

    (630) 373-6005

    29 in this area

    44 Total Sales

    Karen Ostermeier
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Map

Source: Metro MLS

MLS Number: 1839445

Metro MLS

APN: HLG3500023

Wisconsin Walworth County Elkhorn 53121

W5627 Forest Rd, Elkhorn, WI

This home is located at W5627 Forest Rd, Elkhorn, WI 53121 since 22 June 2023 and is currently estimated at $923,290, approximately $553 per square foot. This property was built in 1970. W5627 Forest Rd is a home located in Walworth County with nearby schools including Tibbets Elementary School, Elkhorn Area Middle School, and Elkhorn Area High School.

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