NOT LISTED FOR SALE

7975 Rainbow Rd Lake Tomahawk, WI 54539

Estimated Value: $169,000 - $278,000

3 Beds
1 Bath
1,472 Sq Ft
$149/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $151,500 $103 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,320/month

41 Days on Market

Highlights

  • 2 Car Detached Garage
  • Shops
  • Heating System Uses Natural Gas
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • 1-Story Property

About This Home

As of January 2023

Three-bedroom, one-bath home begging for a new owner. Full unfinished basement with detached two-car garage. Quiet neighborhood. Needs TLC but at this price - make it yours. Being Sold "as-is", "how-is" and "where-is".

Last Listed By

Jerry Burkett

CENTURY 21 BURKETT & ASSOC. Listed on: 12/02/2022

CENTURY 21 BURKETT & ASSOC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,371

Year Built

  • Built in 1961

Lot Details

  • 0.57 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • North Lakeland Elementary And Middle School
  • Lakeland Union High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number LT-664

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,371

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 99
  • Co List Office Phone: (715) 479-3090
  • Ownership: Fee Simple
  • Directions: HWY 51 N, RIGHT ON HWY J, RIGHT ON HWY 47 TO DOWNTOWN LAKE TOMAHAWK RIGHT ON RAINBOW RD. TO 7975
  • Above Grade Finished Sq Ft: 1472.0
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1961
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Metal Siding
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, Two Car Garage, Two Spaces

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Elementary School: VI North Lakeland
  • High School: ON Lakeland Union
  • Middle Or Junior School: VI North Lakeland

Lot Info

  • Lot Size Sq Ft: 24829.0
  • Parcel #: LT-664
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1371.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jan 13, 2023
Sold by
Grosskopf Daniel J
Bought by
Wardensky Kim Marie and Adams-Hoang Elizabeth J
Seller's Agent
Jerry Burkett
CENTURY 21 BURKETT & ASSOC.
Buyer's Agent
Denise Goldsworthy
RE/MAX PROPERTY PROS-MINOCQUA
List Price
$139,500
Sold Price
$151,500
Premium/Discount to List
$12,000
8.6%
Total Days on Market
41
Views
128
Current Estimated Value
$219,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,725
Avg. Annual Appreciation
25.96%

Purchase Details

Listed on
Jul 8, 2016
Closed on
Jan 3, 2017
Sold by
Secretary Of Hud
Bought by
Wardensky Kim Marie
Seller's Agent
BRUCE GILES
TOWN & COUNTRY REALTY/WOODRUFF
Buyer's Agent
SUE ANNE MARCINIAK
GREGORY REALTY, INC
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$102,606
Outstanding Balance
$85,778
Interest Rate
4.03%
Mortgage Type
FHA
Estimated Equity
$171,222

Purchase Details

Closed on
May 25, 2016
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing And Urban Developmen

Purchase Details

Closed on
Jul 15, 2015
Sold by
Foster Elizabeth M
Bought by
Bank Of America Na

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
Wardensky Kim Marie $151,500 Northwoods Title
Wardensky Kim Marie -- Northern Title
The Secretary Of Housing And Urban Developmen $134,900 --
Bank Of America Na $115,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wardensky Kim Marie $102,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $151,500 +8.6% $103 / Sq Ft
12/02/2022 12/02/22 For Sale $139,500 +55.0% $95 / Sq Ft
01/04/2017 01/04/17 Sold $90,000 0.0% $61 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $90,000 -- $61 / Sq Ft
Source: Greater Northwoods 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 $1,172 $167,000 $14,400 $152,600
2023 $1,207 $167,000 $14,400 $152,600
2022 $1,238 $114,200 $11,400 $102,800
2021 $1,309 $114,200 $11,400 $102,800
2020 $1,229 $114,200 $11,400 $102,800
2019 $1,664 $114,200 $11,400 $102,800
2018 $1,639 $114,200 $11,400 $102,800
2017 $1,598 $114,200 $11,400 $102,800
2016 $1,651 $114,200 $11,400 $102,800
2015 $1,691 $114,200 $11,400 $102,800
2014 $1,691 $114,200 $11,400 $102,800
2011 $1,625 $114,200 $11,400 $102,800
Source: Public Records

Agents Affiliated with this Home

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Source: Greater Northwoods MLS

MLS Number: 199934

Greater Northwoods MLS

APN: LT 664