3973 Velvet Lake Rd
Rhinelander, WI 54501
4 bd 2 ba 1,874 sqft Built 1959 Lot 55,757 sqft single_family
Most recent sale
$522,000
Jul 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 26, 2022 | Sold | $522,000 | MLS #196909 |
| Jun 2, 2022 | Listed | $489,000 | MLS #196909 |
| Apr 6, 2010 | Listing removed | $239,000 | Northwoods |
| Mar 31, 2010 | Sold | $239,000 | Public Record |
| Jul 21, 2009 | Listed | $239,000 | MLS #104902 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $244,300 | $84,500 | $328,800 | $4,454 |
| 2023 | $244,300 | $84,500 | $328,800 | $3,622 |
| 2022 | $127,400 | $84,500 | $211,900 | $2,124 |
| 2021 | $127,400 | $84,500 | $211,900 | $2,443 |
| 2020 | $127,400 | $84,500 | $211,900 | $2,566 |
| 2019 | $127,400 | $84,500 | $211,900 | $2,577 |
| 2018 | $127,400 | $84,500 | $211,900 | $2,663 |
| 2017 | $127,400 | $84,500 | $211,900 | $2,717 |
| 2016 | $127,400 | $84,500 | $211,900 | $2,788 |
| 2015 | $127,400 | $84,500 | $211,900 | $2,857 |
| 2014 | $127,400 | $84,500 | $211,900 | $2,909 |
| 2013 | $127,400 | $84,500 | $211,900 | $3,184 |
| 2012 | $127,400 | $84,500 | $211,900 | $2,892 |
| 2011 | $127,400 | $84,500 | $211,900 | $2,897 |
| 2010 | $120,400 | $84,500 | $204,900 | $2,967 |
| 2009 | $120,400 | $84,500 | $204,900 | $2,637 |
| 2008 | $121,600 | $50,800 | $172,400 | $2,224 |
| 2007 | $121,600 | $50,800 | $172,400 | $2,161 |
| 2005 | $103,100 | $42,400 | $145,500 | $2,000 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,874 sqft
Lot size
55,757 sqft
ZIP code
54501
City
Rhinelander
Street
Velvet Lake Rd
Coordinates
45.65931, -89.49237
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,811
Gross rental yield
6.46%
Implied cap rate
4.20%
Trend-extrapolated value
—
Frequently asked questions
When did 3973 Velvet Lake Rd last sell?
3973 Velvet Lake Rd most recently sold on Jul 26, 2022 for $522,000.
What is the current tax assessment for 3973 Velvet Lake Rd?
The most recent total assessment for 3973 Velvet Lake Rd (year 2025) is $328,800 with $4,454 in property tax.
How does 3973 Velvet Lake Rd's assessment compare to its last sale price?
The current assessment is 37.0% below the last sale price of $522,000.
When was 3973 Velvet Lake Rd built?
3973 Velvet Lake Rd was built in 1959.
How does 3973 Velvet Lake Rd compare to others on Velvet Lake Rd?
We track 8 other properties on Velvet Lake Rd. Browse the list under "Other properties on Velvet Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 3973 Velvet Lake Rd?
3973 Velvet Lake Rd is a 4 bed, 2 bath, 1,874 sqft, 55,757 sqft lot single_family.
Is 3973 Velvet Lake Rd a flip candidate?
No — 3973 Velvet Lake Rd does not appear in our flips dataset.
Is 3973 Velvet Lake Rd a tax-appeal candidate?
No — 3973 Velvet 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 Velvet Lake Rd