NOT LISTED FOR SALE

101 Riverview Dr Marion, WI 54950

Estimated Value: $530,601

6 Beds
4 Baths
7,332 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: January 28, 2021

Last sale price $340,000 $46 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,283 / mo

96 Days on Market

About This Home

As of January 2021

8-unit waterfront apartment building with (4) 1-bedroom apartments and (4) 2-bedroom apartments. 11x9 kitchens w/stoves and refrigerators included, 15x11 living rooms, and 11x8 dinettes. Landlord pays for heat, water, and electric for the hallway and outside lights. Tenants pay the electric. There is hot water boiler heat. Parking lot. There is an alley on the west side of the property which runs to the water. The seller has an agreement with the city to use this. The seller plows this in the winter.

Last Buyer's Agent

Gerry O'Connor

O'Connor Realty Group License #90-29527

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,926

Year Built

  • 1972

Lot Details

  • 21,780 Sq Ft Lot
  • Waterfront

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 7,332 Sq Ft Home
  • 2-Story Property

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • The lake is a source of water for the property

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,926

Year Built

1972

Lot Details

0.5 Acres

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: 2 Story, Apartment Building
  • Total Units: 8
  • Unit Identifier: City of Marion
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 7332
  • Sq Ft Total Fin Above And Below: 7332

Exterior Features

  • Water Frontage: Yes
  • Water Type: Lake
  • Exterior Finish Of Building: Brick, Vinyl
  • Foundation For Building: Slab

Garage/Parking

  • Number Of Total Parking Outside: 8
  • Building Parking: Outside

Utilities

  • Heating Cooling: Hot Water/Steam
  • Heating Fuel Type: Natural Gas
  • Water Body Name: Marion Mill Pond
  • Number Of Ac Units: 8
  • Number Of Furnaces: 1
  • Number Of Water Heaters: 1
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water

Lot Info

  • Estimated Acres: 0.5
  • Zoning: Multi-Family(5+Units)
  • Geo Address Line: 101 Riverview Dr
  • Geo Primary City: Marion
  • Geo Quality: 0.95
  • Geo Subdivision: WI

Tax Info

  • Tax Database Id: 22
  • Assessor Parcel Number: 32 02 72 6
  • Tax Net Amt: 5926
  • Assessor Parcel Number: 32 02 72 6

Multi Family

  • Number Of Refrigerators: 8
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: Marion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jan 25, 2021
Sold by
Renewal 401K Trusts
Bought by
2078 & 2080 Terry Lane Llc
Buyer's Agent
Gerry O'Connor
O'Connor Realty Group
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$530,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,601
Avg. Annual Appreciation
8.95%
Original Mortgage
$59,500
Outstanding Balance
$52,513
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$478,088

Purchase Details

Closed on
Oct 12, 2017
Sold by
A Northern Wisconsin Venture Llc
Bought by
Renewal 401K Trust

Purchase Details

Closed on
Mar 30, 2015
Sold by
First State Bank
Bought by
A Northern Wisconsin Venture Llc

Purchase Details

Closed on
Oct 2, 2012
Sold by
Gsa Elderly Housing Llc
Bought by
First State Bank

Purchase Details

Closed on
Jun 26, 2008
Sold by
Hofman Harriet G
Bought by
Gsa Elderly Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
2078 & 2080 Terry Lane Llc $340,000 Midwest Title Group Llc
Renewal 401K Trust $265,000 None Available
A Northern Wisconsin Venture Llc $160,300 --
First State Bank $160,000 None Available
Gsa Elderly Housing Llc $191,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2078 & 2080 Terry Lane Llc $59,500
Open 2078 & 2080 Terry Lane Llc $263,500
Previous Owner Gsa Elderly Housing Llc $0
Previous Owner Gsa Elderly Housing Llc $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $340,000 -2.8% $46 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
10/16/2020 10/16/20 For Sale $349,900 -- $48 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,102 $293,600 $16,900 $276,700
2023 $5,102 $293,600 $16,900 $276,700
2022 $6,349 $234,100 $16,400 $217,700
2021 $5,859 $234,100 $16,400 $217,700
2020 $5,731 $234,100 $16,400 $217,700
2019 $5,926 $234,100 $16,400 $217,700
2018 $7,371 $234,100 $16,400 $217,700
2017 $4,741 $234,100 $16,400 $217,700
2016 $4,741 $234,100 $16,400 $217,700
2015 $5,252 $234,100 $16,400 $217,700
2014 $5,127 $234,100 $16,400 $217,700
2013 $5,672 $234,100 $16,400 $217,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50231790

REALTORS® Association of Northeast Wisconsin

APN: 32-02-72-6

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