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868 Mekinak Point Rd

Pelican Lake, WI 54463

3 bd 1 ba 1,040 sqft Built 1972 Lot 11,587 sqft single_family
Most recent sale
$415,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $415,000 MLS #197220
Jul 12, 2022 Price changed $449,900 MLS #197220
Jun 15, 2022 Listed $499,900 MLS #197220

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $138,000 $186,500 $324,500 $1,801
2023 $93,000 $98,400 $191,400 $1,820
2022 $93,000 $98,400 $191,400 $1,948
2021 $93,000 $98,400 $191,400 $1,735
2020 $93,000 $98,400 $191,400 $1,784
2019 $93,000 $98,400 $191,400 $1,884
2018 $93,000 $98,400 $191,400 $1,903
2017 $93,000 $98,400 $191,400 $1,947
2016 $93,000 $98,400 $191,400 $1,820
2015 $93,000 $98,400 $191,400 $1,868
2014 $93,000 $98,400 $191,400 $1,919
2013 $93,000 $98,400 $191,400 $2,193
2012 $93,000 $98,400 $191,400 $1,975
2011 $135,200 $89,700 $224,900 $2,161
2010 $135,200 $89,700 $224,900 $2,155
2009 $135,200 $89,700 $224,900 $2,320
2008 $135,200 $89,700 $224,900 $2,005
2007 $120,500 $80,700 $201,200 $2,219
2005 $120,500 $80,700 $201,200 $2,046

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,040 sqft
Lot size
11,587 sqft
ZIP code
54463
City
Pelican Lake
Street
Mekinak Point Rd
Coordinates
45.50387, -89.22042

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
4.51%
Implied cap rate
2.93%
Trend-extrapolated value

Frequently asked questions

When did 868 Mekinak Point Rd last sell?
868 Mekinak Point Rd most recently sold on Oct 14, 2022 for $415,000.
What is the current tax assessment for 868 Mekinak Point Rd?
The most recent total assessment for 868 Mekinak Point Rd (year 2025) is $324,500 with $1,801 in property tax.
How does 868 Mekinak Point Rd's assessment compare to its last sale price?
The current assessment is 21.8% below the last sale price of $415,000.
When was 868 Mekinak Point Rd built?
868 Mekinak Point Rd was built in 1972.
How does 868 Mekinak Point Rd compare to others on Mekinak Point Rd?
We track 4 other properties on Mekinak Point Rd. Browse the list under "Other properties on Mekinak Point Rd" to compare beds, baths, and sale history.
What are the property facts for 868 Mekinak Point Rd?
868 Mekinak Point Rd is a 3 bed, 1 bath, 1,040 sqft, 11,587 sqft lot single_family.
Is 868 Mekinak Point Rd a flip candidate?
No — 868 Mekinak Point Rd does not appear in our flips dataset.
Is 868 Mekinak Point Rd a tax-appeal candidate?
No — 868 Mekinak Point Rd 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
+8.5%
Implied 1-yr
+34.1%
2026 Q1
$506.4K
2026 Q2
$534.2K
ZIP 54463 — Median Price History + Forecast

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