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Lake Ter

Lake Mills, WI 53551

4 bd 3 ba 2,974 sqft Built 1991 Lot 23,522 sqft single_family
Most recent sale
$515,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $515,000 MLS #1801669
Jul 8, 2022 Listed $499,900 MLS #1801669
Jul 7, 2022 Listed $499,900 MLS #1938758

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $444,700 $127,300 $572,000 $5,877
2023 $327,600 $94,300 $421,900 $6,264
2022 $327,600 $94,300 $421,900 $6,236
2021 $327,600 $94,300 $421,900 $5,936
2020 $327,600 $94,300 $421,900 $5,530
2019 $237,200 $94,300 $331,500 $5,618
2018 $237,200 $94,300 $331,500 $5,583
2017 $237,200 $94,300 $331,500 $5,523
2016 $237,200 $94,300 $331,500 $5,515
2015 $237,200 $94,300 $331,500 $5,062
2014 $216,900 $94,300 $311,200 $4,922
2013 $216,900 $94,300 $311,200 $5,206
2012 $216,900 $94,300 $311,200 $5,195
2011 $216,900 $94,300 $311,200 $4,959
2010 $216,900 $94,300 $311,200 $4,773
2009 $230,200 $94,300 $324,500 $5,248
2008 $230,200 $94,300 $324,500 $5,244
2007 $230,200 $94,300 $324,500 $4,500

Property facts

Year built
1991
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,974 sqft
Lot size
23,522 sqft
ZIP code
53551
City
Lake Mills
Street
Lake Ter
Coordinates
43.08674, -88.93930

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,461
Gross rental yield
10.39%
Implied cap rate
6.76%
Trend-extrapolated value

Frequently asked questions

When did Lake Ter last sell?
Lake Ter most recently sold on Sep 2, 2022 for $515,000.
What is the current tax assessment for Lake Ter?
The most recent total assessment for Lake Ter (year 2025) is $572,000 with $5,877 in property tax.
How does Lake Ter's assessment compare to its last sale price?
The current assessment is 11.1% above the last sale price of $515,000.
When was Lake Ter built?
Lake Ter was built in 1991.
How does Lake Ter compare to others on Lake Ter?
We track 7 other properties on Lake Ter. Browse the list under "Other properties on Lake Ter" to compare beds, baths, and sale history.
What are the property facts for Lake Ter?
Lake Ter is a 4 bed, 3 bath, 2,974 sqft, 23,522 sqft lot single_family.
Is Lake Ter a flip candidate?
No — Lake Ter does not appear in our flips dataset.
Is Lake Ter a tax-appeal candidate?
No — Lake Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.4%
2026 Q1
$348.7K
2026 Q2
$348.7K
ZIP 53551 — Median Price History + Forecast

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