3971 Shepard Lake Rd
Rhinelander, WI 54501
5 bd 3 ba 3,027 sqft Built 1979 Lot 217,800 sqft single_family
Most recent sale
$208,000
Feb 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 4, 2022 | Sold | $208,000 | MLS #193706 |
| Nov 11, 2021 | Price changed | $214,900 | MLS #193706 |
| Oct 7, 2021 | Listed | $219,900 | MLS #193706 |
| Dec 6, 2019 | Sold | $182,000 | MLS #179598 |
| Aug 15, 2019 | Price changed | $189,900 | MLS #179598 |
| Jul 8, 2019 | Listed | $199,900 | MLS #179598 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $124,800 | $22,400 | $147,200 | $2,204 |
| 2023 | $124,800 | $22,400 | $147,200 | $1,776 |
| 2022 | $114,000 | $22,400 | $136,400 | $1,539 |
| 2021 | $114,000 | $22,400 | $136,400 | $1,712 |
| 2020 | $114,000 | $22,400 | $136,400 | $1,723 |
| 2019 | $109,500 | $22,400 | $131,900 | $1,652 |
| 2018 | $109,500 | $22,400 | $131,900 | $1,741 |
| 2017 | $109,500 | $22,400 | $131,900 | $1,721 |
| 2016 | $109,500 | $22,400 | $131,900 | $1,777 |
| 2015 | $109,500 | $22,400 | $131,900 | $1,662 |
| 2014 | $109,500 | $22,400 | $131,900 | $1,705 |
| 2013 | $109,500 | $22,400 | $131,900 | $1,977 |
| 2012 | $109,500 | $22,400 | $131,900 | $1,825 |
| 2011 | $109,500 | $22,400 | $131,900 | $1,849 |
| 2010 | $109,500 | $22,400 | $131,900 | $1,836 |
| 2009 | $109,500 | $27,200 | $136,700 | $1,824 |
| 2008 | $109,500 | $27,200 | $136,700 | $1,801 |
| 2007 | $109,500 | $27,200 | $136,700 | $1,751 |
| 2005 | $98,800 | $20,600 | $119,400 | $1,742 |
Property facts
Year built
1979
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,027 sqft
Lot size
217,800 sqft
ZIP code
54501
City
Rhinelander
Street
Shepard Lake Rd
Coordinates
45.66724, -89.32317
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,248
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3971 Shepard Lake Rd last sell?
3971 Shepard Lake Rd most recently sold on Feb 4, 2022 for $208,000.
What is the current tax assessment for 3971 Shepard Lake Rd?
The most recent total assessment for 3971 Shepard Lake Rd (year 2025) is $147,200 with $2,204 in property tax.
How does 3971 Shepard Lake Rd's assessment compare to its last sale price?
The current assessment is 29.2% below the last sale price of $208,000.
When was 3971 Shepard Lake Rd built?
3971 Shepard Lake Rd was built in 1979.
How does 3971 Shepard Lake Rd compare to others on Shepard Lake Rd?
We track 8 other properties on Shepard Lake Rd. Browse the list under "Other properties on Shepard Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 3971 Shepard Lake Rd?
3971 Shepard Lake Rd is a 5 bed, 3 bath, 3,027 sqft, 217,800 sqft lot single_family.
Is 3971 Shepard Lake Rd a flip candidate?
No — 3971 Shepard Lake Rd does not appear in our flips dataset.
Is 3971 Shepard Lake Rd a tax-appeal candidate?
No — 3971 Shepard Lake Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.6%
Implied 1-yr
+30.2%
2026 Q3
$446.8K
2026 Q4
$446.8K
ZIP 54501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shepard Lake Rd