Multi-use Eagle River Chain Property. Two year-round homes on Yellow Birch. Current owners enjoy this property for family and also rent throughout the year for investment income. Very level property with wide open views, 119 ft. of frontage and permanent dock. The larger home has 3 bedrooms, 2 baths and the smaller home has 1 bedroom, 1 bath. To store your recreational equipment there are 2 garages, plus an additional storage building. This is an ideal location as you can ride your bike to town, walk to Silver Lake beach and in minutes access snowmobile and ATV trails. Last but not least, this property has a small stream, originates from Silver Lake, that runs along the western property line and feeds into Yellow Birch. The fresh water is a haven for wildlife throughout the year! Rental history will be made available post viewing of the property. 9320
Single-familyProperty Type
1986Year Built
1.36 acresLot Size
$842Est. Price/Sq.Ft.
3 car garageParking
Listed by CHARITY BOLDEBUCK• CENTURY 21 BURKETT & ASSOC.
Bought with CHARITY BOLDEBUCK• CENTURY 21 BURKETT & ASSOC.
Now is the best time to invest in the Northwoods with terrific interest rates and property selections. It will be hard to beat this exciting offering. Yellow Birch Lake is just one of the 28 lakes comprising the world's largest fresh water chain. Are you seeking out a property that allows for level lands and sand, wooded, privacy, comfortable housing, rental income or overflow dwelling, good roads and close to conviences? Then look no further. The property has been under the same ownership for 24 years and now the sellers are ready to move on. Serious consideration should be given for year round use or strictly a recreational getaway. Storage building and carport included. No disappointments!
Year
Property tax
Land + Additions
Assessment*
2025
$5,219 (+7.0%)
$428,800 + $445,100
$873,900
2024
$4,877 (−9.1%)
$428,800 + $445,100
$873,900
2023
$5,367 (+38.3%)
$428,800 + $445,100
$873,900
2022
$3,881 (+27.9%)
$197,800 + $226,400
$424,200
2021
$3,035 (+14.2%)
$197,800 + $145,100
$342,900
2020
$2,656 (−0.6%)
$197,800 + $101,600
$299,400
2019
$2,673 (+3.9%)
$197,800 + $101,600
$299,400
2018
$2,571 (+2.1%)
$197,800 + $101,600
$299,400
2017
$2,519 (−2.4%)
$197,800 + $101,600
$299,400
2016
$2,582 (−18.3%)
$197,800 + $101,600
$299,400
2014
$3,160 (+3.8%)
$290,800 + $93,800
$384,600
2013
$3,044
$260,600 + $105,800
$366,400
Tax history for 1487 Silver Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,219 (+7.0%)
$428,800 + $445,100
$873,900
2024
$4,877 (−9.1%)
$428,800 + $445,100
$873,900
2023
$5,367 (+38.3%)
$428,800 + $445,100
$873,900
2022
$3,881 (+27.9%)
$197,800 + $226,400
$424,200
2021
$3,035 (+14.2%)
$197,800 + $145,100
$342,900
2020
$2,656 (−0.6%)
$197,800 + $101,600
$299,400
2019
$2,673 (+3.9%)
$197,800 + $101,600
$299,400
2018
$2,571 (+2.1%)
$197,800 + $101,600
$299,400
2017
$2,519 (−2.4%)
$197,800 + $101,600
$299,400
2016
$2,582 (−18.3%)
$197,800 + $101,600
$299,400
2014
$3,160 (+3.8%)
$290,800 + $93,800
$384,600
2013
$3,044
$260,600 + $105,800
$366,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.