Welcome to easy living in the heart of Frederic! This 2-bedroom, 2-bath home offers comfort, convenience, and incredible potential in a prime in-town location.
Situated directly across from the elementary school and nearby parks, this property is perfectly positioned to enjoy everything the village has to offer. From local shops and dining to everyday essentials, you’ll love having all the amenities of Frederic just minutes from your doorstep.
Inside, the home features a functional layout with living areas and two bedrooms, on main floor. The full basement is ready to be finished, offering a fantastic opportunity to expand your living space—whether you envision a family room, home office, or additional bedrooms.
One of the standout features of this property is the attached oversized 6-car garage—ideal for car enthusiasts, hobbyists, or anyone needing ample storage and workspace.
Whether you’re looking for a primary residence, investment opportunity, or a home with room to grow, this property delivers location, space, and potential. Don’t miss your chance to own in this desirable Frederic setting!
Active
Price cut: $5.1K (6/3)
$179,900
503 Lake Ave N, Frederic, WI 54837
2beds
850sqft
Single Family
Built in 1960
0.3 Acres Lot
$177,400 Zestimate®
$212/sqft
$-- HOA
What's special
- 80 days |
- 252 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
James Tinman 715-566-0004,
RE/MAX Cornerstone
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7056218
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 126 Square Feet
- Dimensions: 10.5 x 12
Bedroom 2
- Level: Main
- Area: 121.88 Square Feet
- Dimensions: 12.5 x 9.75
Bathroom
- Level: Main
- Area: 45 Square Feet
- Dimensions: 5 x 9
Bathroom
- Level: Lower
- Area: 72.25 Square Feet
- Dimensions: 8.5 x 8.5
Dining room
- Level: Main
- Area: 67.81 Square Feet
- Dimensions: 8.75 x 7.75
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13 x 11
Laundry
- Level: Lower
- Area: 264 Square Feet
- Dimensions: 11 x 24
Living room
- Level: Main
- Area: 260 Square Feet
- Dimensions: 13 x 20
Utility room
- Level: Lower
- Area: 264 Square Feet
- Dimensions: 11 x 24
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator
- Laundry: Laundry Room, Sink
Features
- Basement: Block,Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,568
- Total interior livable area: 850 sqft
- Finished area above ground: 800
- Finished area below ground: 50
Property
Parking
- Total spaces: 6
- Parking features: Attached, Gravel, Electric, Garage Door Opener, Insulated Garage
- Attached garage spaces: 6
- Has uncovered spaces: Yes
- Details: Garage Dimensions (54 x 24)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 0.3 Acres
- Dimensions: 88 x 150
- Features: Tree Coverage - Light
Details
- Foundation area: 768
- Parcel number: 126003000000
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Northwestern Wisconsin Electric
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Park Add Frederic
HOA
- Has HOA: No
Location
- Region: Frederic
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $141,600
- Annual tax amount: $1,843
- Date on market: 4/16/2026
Estimated market value
$177,400
$169,000 - $186,000
$1,596/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Price change | $179,900-2.8%$212/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7056218 Report a problem | ||
| 4/20/2026 | Listed for sale | $185,000+208.8%$218/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7056218 Report a problem | ||
| 2/4/2015 | Sold | $59,900+14.1%$70/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2183357 Report a problem | ||
| 9/19/2011 | Sold | $52,500+75%$62/sqft |
Source: Public Record Report a problem | ||
| 6/23/2011 | Sold | $30,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,500 +57.8% | $141,600 +167.2% |
| 2023 | $951 +3.6% | $53,000 |
| 2022 | $918 -1.5% | $53,000 |
| 2021 | $931 +50.2% | $53,000 |
| 2020 | $620 +4.4% | -- |
| 2019 | $594 -28.6% | -- |
| 2018 | $832 -7.2% | $53,000 |
| 2017 | $897 -0.5% | $53,000 |
| 2016 | $901 -9.2% | $53,000 |
| 2015 | $992 -10.8% | $53,000 |
| 2013 | $1,113 +7.2% | $53,000 |
| 2012 | $1,038 -31.8% | $53,000 -23.8% |
| 2011 | $1,522 -0.5% | $69,530 |
| 2010 | $1,529 +3.4% | $69,530 |
| 2009 | $1,480 | $69,530 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 54837
Nearby schools
GreatSchools rating
- 8/10Frederic Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Frederic 6-12 SchoolGrades: 6-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Polk County
- Frederic
- 54837
- 503 Lake Ave N
Nearby cities
Nearby zip codes
Other Frederic Topics
