1240 Lake Terrace Dr
Three Lakes, WI 54562
Built 1950 Lot 120,661 sqft single_family
Most recent sale
$420,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 10, 2022 | Sold | $415,000 | Public Record |
| Aug 12, 2022 | Sold | $420,000 | MLS #196736 |
| Jun 29, 2022 | Price changed | $449,500 | MLS #196736 |
| Jun 16, 2022 | Price changed | $470,000 | MLS #196736 |
| May 26, 2022 | Listed | $495,000 | MLS #196736 |
| Apr 5, 2022 | Sold | $345,800 | Public Record |
| Jun 19, 2018 | Listing removed | $395,000 | Northwoods |
| Jun 15, 2018 | Relisted | $395,000 | MLS #171241 |
| May 4, 2018 | Listing removed | $395,000 | Northwoods |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $92,900 | $170,800 | $263,700 | $3,285 |
| 2023 | $92,900 | $170,800 | $263,700 | $2,876 |
| 2022 | $92,900 | $257,300 | $350,200 | $3,572 |
| 2021 | $92,900 | $257,300 | $350,200 | $3,537 |
| 2020 | $92,900 | $257,300 | $350,200 | $3,539 |
| 2019 | $92,900 | $257,300 | $350,200 | $3,534 |
| 2018 | $92,900 | $257,300 | $350,200 | $3,550 |
| 2017 | $92,900 | $257,300 | $350,200 | $3,417 |
| 2016 | $97,000 | $300,800 | $397,800 | $3,498 |
| 2015 | $97,000 | $300,800 | $397,800 | $3,510 |
| 2014 | $97,000 | $300,800 | $397,800 | $3,608 |
| 2013 | $97,000 | $300,800 | $397,800 | $3,763 |
| 2012 | $97,000 | $300,800 | $397,800 | $3,533 |
| 2011 | $97,000 | $300,800 | $397,800 | $3,667 |
| 2010 | $97,000 | $300,800 | $397,800 | $3,900 |
| 2009 | $97,000 | $300,800 | $397,800 | $3,637 |
| 2008 | $77,500 | $150,400 | $227,900 | $3,378 |
| 2007 | $77,500 | $150,400 | $227,900 | $3,331 |
| 2005 | $77,500 | $150,400 | $227,900 | $3,197 |
Property facts
Year built
1950
Property type
single_family
Stories
—
Beds
—
Baths
—
Living area
—
Lot size
120,661 sqft
ZIP code
54562
City
Three Lakes
Street
Lake Terrace Dr
Coordinates
45.77866, -89.13159
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 1240 Lake Terrace Dr last sell?
1240 Lake Terrace Dr most recently sold on Aug 12, 2022 for $420,000.
What is the current tax assessment for 1240 Lake Terrace Dr?
The most recent total assessment for 1240 Lake Terrace Dr (year 2025) is $263,700 with $3,285 in property tax.
How does 1240 Lake Terrace Dr's assessment compare to its last sale price?
The current assessment is 37.2% below the last sale price of $420,000.
When was 1240 Lake Terrace Dr built?
1240 Lake Terrace Dr was built in 1950.
How does 1240 Lake Terrace Dr compare to others on Lake Terrace Dr?
We track 7 other properties on Lake Terrace Dr. Browse the list under "Other properties on Lake Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 1240 Lake Terrace Dr?
1240 Lake Terrace Dr is a 120,661 sqft lot single_family.
Is 1240 Lake Terrace Dr a flip candidate?
Yes — 1240 Lake Terrace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1240 Lake Terrace Dr a tax-appeal candidate?
No — 1240 Lake Terrace Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+8.1%
Implied 1-yr
+32.3%
2026 Q1
$1.07M
2026 Q2
$1.12M
ZIP 54562 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Terrace Dr