5871 Payment Lake Rd, Mercer WI 54547 Sold for $230,000 on 05/30/2017

5871 Payment Lake Rd, Mercer BD: 2 BA: 2.0 $239,000 Sold

  • ResidentialProperty Home
  • Status: Sold
  • 2 Bedrooms
  • 2 Full Bathrooms
  • Est. Year Built: 2001
  • High School: IR Mercer
  • Body of Water: Payment
  • County: Iron
  • MLS#: 162038
  • Listing Company: Re/Max Action North

5871 Payment Lake Rd, Mercer, WI 54547 - Payment Lake-PRICE REDUCED!! Quality Log Style 2+BR home featuring a large great room w/cherry hardwood floors, fieldstone fireplace w/antique mantle & large windows thru-out offering a beautiful view of lake. The country kitchen has hickory cabinets, bamboo counter tops, modern appliances, cultured stone island work center & snack bar. Enjoy the wonderful lake view while enjoying your meal in the dining area or a quiet rest in the lakeside sitting room w/murphy bed & the one of a kind bathroom that has a stone cave-style shower, granite sink w/Northwoods hemlock base & cedar walls. The log staircase leads to the upper level having two nice sized bedrooms (1 being a master bedroom w/bay window & walk-in closet) & a full bath w/Jacuzzi tub. The lower level features a rec room, utility room w/laundry area, workshop & lots of storage area. Enjoy the 248 ft of shoreline on Payment Lake, 0.69 acres of nicely landscaped land, screen house, pier, pontoon & 3 car det. garage.


  • Kitchen: 24x14
  • Great Rm: 34x24
  • Bathroom: full
  • Den: 10x9


  • Master Bedroom: 20x18
  • Bedroom: 14x14
  • Bathroom: full


  • Util Area: 24x14
  • Rec Room: 24x18
Additional Features
  • Fully Finished, Sump Pump
  • Heating/Cooling: Central Air, Forced Air
  • 2 Story
  • Flooring: Wood
  • Roof: Composition Shingles
  • Waterfront/Access: Y
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
162038 Sold Active w/Contract Jun 3 2017 9:17AM $230,000 183
162038 Active w/Contract Active May 8 2017 9:18AM 183
162038 Active Dec 13 2016 10:20AM $239,000 183

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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