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$160,000
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Property Description
1.5 story, 4 bedrooms and 1.5 baths in the quiet Town of Underhill. Spacious double lot with a combined total of .32 acres with fruit trees (2nd parcel # 0443925049, 2025 taxes $24.03). Near the Oconto River. Updated kitchen with new cabinets, counter tops and flooring. Includes breakfast bar. Removable wall in living room for ease in moving in furniture. Main level bedroom has an attached half bath. Both full and half bath have been updated. 9x6 rear entry with closet. 6x11 front entry has a large pantry. Full basement with toilet and shower. Detached 2 car garage with workshop and garage door opener. Conventional septic with lift system approx 10 years old. New block foundation installed in 1950. Fire station is conveniently less than a block away.
Full Property Details
Full Property Details for 5551 Downtown Ln
General
- Sold For: $160,000
- Taxes: $1,152
- Status: Closed
- Type: Single Family
- Source: Wirex_Realtors_Association_of_Northeast_Wisconsin_RANW
- MLS ID: 50319366
- Added to Site: 70 day(s) ago
Interior
- Appliances: Freezer, Microwave, Range/Oven, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: 11 x 9, Main
- Bedroom 2: 11 x 9, Upper
- Bedroom 3: 9 x 10, Upper
- Bedroom 4: 13 x 13, Upper
Other Rooms
- Living Room: 14 x 12, Main
- Kitchen: 13 x 13, Main
- Other: 6 x 11, Main
- Other Room 2: Other
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached, 2 Car, 2 Car
Location
- Municipality: Underhill
- County: Oconto
- Driving Directions: Take Hwy 22 N to County Hwy U before Gillett. Then left on County Hwy U to left on County Hwy V. Then right on Downtown Lane. Property on right.
School Information
- School District: Gillett
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Well, Private Septic System
Structural Information
- Description/Design: 1.5 Stories
- Construction Status: Construction Completed
- Exterior Const.: Vinyl
- Basement Desc.: Full, Block
- Square Feet: 1,100
- Square Feet Range: 1001 to 1250
- Sq. Ft. Source: Listing Agent
Lot Features
- Lot Size (Acres): 0.16
- Lot Size Range: 0 to .499 Acres
- Lot Size Source: Assessor/Public Record
- Zoning: Residential
Financial Considerations
- Tax Amount: $1,152.8
Listed by Schroeder & Kabble Realty, Inc.
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Schools
Schools serving 5551 Downtown Ln
School District:Gillett School District
| Name | Grades | Distance |
|---|---|---|
Gillett Elementary School 208 West Main Street, Gillett, WI 54124 | PK-5 | 3.7 mi |
Gillett Middle School 208 West Main Street, Gillett, WI 54124 | 6-8 | 3.7 mi |
Gillett High School 208 West Main Street, Gillett, WI 54124 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5551 Downtown Ln
Date
Details
Price
Change
Source
1/30/2026
Sold
$160,000
-3.03%
MLS
12/22/2025
Listed
$165,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5551 Downtown Lane, Gillett, WI 54124 (MLS# 50319366) is a Single Family property that was sold at $160,000 on January 30, 2026. Want to learn more about 5551 Downtown Lane? Do you have questions about finding other Single Family real estate for sale in Gillett? You can browse all Gillett real estate or contact a Coldwell Banker agent to request more information.

