Steve Huhta Remax

Waupaca Chain News and Info

https://www.facebook.com/WaupacaChainOLakes

Iconic Cottage on Nessling Lake – Waupaca Chain O’ Lakes Sells

Waupaca Chain O Lakes sold grand view
Sold on Waupaca Chain O’ Lake – with great view of Nessling and Rainbow Lakes. 2 cottages – one on the water plus a 2 car garage and deep lot make this a very unique property.

With 94 feet of frontage and sand lake bottom, the new owners will have great swimming when the temps heat up next year.

Last listed at $499,800 the property is currently assessed for $405,500.

The buyers are from California and were represented by Steve Huhta and Re/Max Lyons Real Estate.

For more information about all Waupaca Chain O’ Lakes properties for sale or sold please go to www.WaupacaWaterFront.com

“Tear Down” Houses Proliferate on Columbia Lake, Waupaca Chain O’ Lakes

Three Chain houses have been torn down very recently on Columbia Lake, Waupaca Chain O’ Lakes:

Two side by side in Camp Cleghorn went away a few weeks ago, one on Cleghorn Road came down after fire damaged the home recently and another on Long Cove Road got packed up today.  The tear down on Long Cove Road is only a partial as part of the structure has to be saved to satisfy zoning requirements.

Waupaca Chain O Lakes house gone 650 2

Cleghorn Road fire damaged house “packed up”

 
Waupaca Chain O Lakes tear down camp 2 650 use
One of two cottages that have been “packed up” in Camp Cleghorn
 

Waupaca Chain O Lakes tear down Long Cove 650
Long Cove Rd – just a partial tear down
 

Cool Summer This Year However – 2014 Real Estate Sales on the Chain O’ Lakes are hot, Hot, HOT!

2013 was a strong year for Real Estate sales on “The Chain” although the number of home sales – 17 transactions – was down from 24 transactions that occurred in 2012.  However, the number of transactions last year was more than double what we saw during the recession years.

So let’s talk this year’s numbers:

Prior to the start of the recession (2007) there were 15 real estate transactions. Through the recession years of 2008 to 2011, there were 7-8 yearly real estate transactions on “The Chain” each year. Then things began to heat up and in 2012 the mercury shot up through the top of the thermometer with 24 real estate transactions before the end of the year.

This Chain selling season started out “hot,” in spite of the cooler weather at the start of the summer with 29 transactions so far, year to date.  That number is derived from 27 closings and 2 pending sale.  Yes, a record breaking – very hot year and it is not over!

Waupaca Chain O' Lakes Chart sold 29

When analyzing Chain sales over the past several years, clearly the recession for waterfront purchases came to an end in 2012.

And, Chain home sales this year have been spread all across the value spectrum – from well over the million dollar number to a low of $190,000.

At one point in 2011 there were 54 homes for sale on the Chain. Today, there are 37 properties with for sale signs posted (and without pending status the MLS)

Additional analysis also reveals an interesting phenomenon…

When reviewing homes that sold for under $450,000 in 2013, 9 of the 10 sales saw a price that was below, the tax assessed, fair market value.  This trend changed in 2014 – the disparity has narrowed this year – with only 6 out of 15 transactions again below their tax assessed fair market value in the lower price category.

In contrast, of the homes that sold for over $450,000, the selling price in 6 out of 7 transactions in 2013 were higher than the tax assessed, fair market value. This trend continued in 2014 with 7 out of 10 homes listed for over $450,000, selling for more than the tax assessed fair market value.

This past summer, there were 3 to 4 new homes being built or just finished along Waupaca’s Chain O’ Lakes shores.  In some cases, prior to the recession, the buyer chose a residence more for its land, location and waterfront access. Only to tear down the existing property and rebuild their new home on the existing lot. In this instance, 3 of the 4 homes under construction now were owned and lived in before deciding on new construction, thereby investing in their properties, so they may enjoy these homes, long term.

If you’re thinking of selling your Chain property, Waterfront and Waupaca Chain O’ Lakes property specialist Steve Huhta and his office of Re/Max Lyons Real Estate were trusted in 2013, with more transaction sides than any other Realtor or real estate company in the area. This team is well informed and always updated as to current sales and marketing trends so they are your most reliable source for current information regarding Chain O’ Lakes real estate transactions.

For a complete list of Waupaca Chain O’ Lakes properties for sale as well as “Insider” information on homes that have recently sold, visit www.WaupacaWaterFront.com.

You will be glad you did!

 

Waupaca Chain, Taylor Lake Cottage/Home Sells Twice this Year

N2723 Park LaneYear around cottage/home – Waupaca Chain O’ Lakes on Taylor Lake, with 70 ft of frontage and firm shoreline has now sold twice this year.

Property has good size yard and faces west. The cottage/home has 760 Sq Ft and 2 bedrooms.

Close to the King shopping district and the Harbor Bar.

Last listed for $299,000 the property has a tax assessment of $351,000

Jeffy Fish Found in Waupaca County Lake – Not the Chain

From the Stevens Point Journal:

Jelly fish WaupacaWAUPACA – A relatively rare species of invasive freshwater jellyfish has been confirmed to be living in a Waupaca County lake, the Golden Sands Resource Conservation & Development Council said Tuesday. A resident reported the unusual animals at Spencer Lake last week and Paul Skawinski, an invasive species expert from Stevens Point, visited the lake and confirmed the report, the council said. The council is a conservation organization that works in several central Wisconsin counties.

The jellyfish are about the size of a penny and originate in China; they first were observed in Wisconsin in the late 1960s and are believed to have arrived by clinging to aquatic plants that were imported for water gardens or aquarium use, and later escaped to the wild during flooding events or through illegal dumping of aquarium water or plants. A total of 94 Wisconsin water bodies are currently known to contain freshwater jellyfish, the council said.

Freshwater jellyfish haven’t been studied enough to determine their impact on Wisconsin’s ecosystems. They feed on zooplankton, the same food source of young fish, so they may affect fish populations. According to Skawinski, the jellyfish do contain stinging cells on their tentacles as saltwater jellyfish do, but the cells are harmless to humans.

“Their stinging cells are only effective against small creatures like plankton. They are too small to pierce human skin, so they pose no threat to swimmers or other lake users,” he said.

Anyone who observes freshwater jellyfish or another aquatic invasive species is asked to contact Golden Sands RC&D Council at 715-343-6215, or info@goldensandsrcd.org.

http://www.stevenspointjournal.com/story/news/local/2014/10/14/jellyfish-found-waupaca-county-lake/17264755/

Computer – Appliance Recycling – Friday October 10th

Electronics Recycling Event: Friday, October 10, 11:00 a.m. to 1:30 p.m., in the Waupaca K-Mart parking lot. The following items will be accepted at no cost: computers, servers, laptops, gaming systems, speaker systems, office phones, PBXs, cell phones, tablets, PDAs, keyboards, mice, cords, printers, copiers, radios, treadmills, microwaves and stoves; $10 each for proper disposal of computer monitors; $20 each for televisions and Freon appliances (refrigerators, freezers, A/Cs, dehumidifiers, etc.).  Fees help to ensure safe and proper disposal of these items. Sponsored by the City of Waupaca and the Waupaca Area Chamber of Commerce.

Taylor Lake House Sells, on Harbor Bar Side of the Lake

Waupaca Chain O Lakes sold N2747 PARK LANE DRThis Waupaca Chain O’ Lakes – Taylor Lake house with 50 feet of frontage was on the market for a little over a year before selling recently.

The home featured 3 bedroom, 1 bath, fireplace, large deck with 2 gazebos, 2 car detached garage and 1,217 Sq Ft of living space.

The home was listed for $360,000 and had a tax bill assessed value of $354,900 at the time of the sale.

Holes Being “Punched” Around the Waupaca Chain

The folks from Schaffer Well drilling have been busy ”punching holes” all around the Waupaca Chain O’ Lakes lately.  Lots of old sand points wells in Chain country so well drillers are keeping busy pounding big new wells and fixing older pumps … Schafer Well Drilling & Pump Installation 920-446-2245

The Shafer crew had to work “well” to get their rig up between the trees on Grand View Drive recently:
Waupaca Chain O' Lakes Shaffer well drilling