NOT LISTED FOR SALE

1020 2nd Ave W Ashland, WI 54806

Estimated Value: $262,112

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $214,000

Est. 22% increase in value since last sale

Current estimated payment $1,651/month

29 Days on Market

About This Home

As of October 2022

Excellent income opportunity with this four-plex in the heart of Ashland. Situated on a spacious corner lot this property includes a detached garage and five off-street parking spots. Two main level units and two upper units with a wheelchair ramp accessible to Unit 2. There is some lovely character throughout including hardwood floors, fireplace surround, clawfoot tubs, solid wood doors and high ceilings. Brand new electrical meters & panels installed in 2021. Quick and easy access to Ashland's city center, grocery stores, schools and the beaches of Lake Superior.

Last Agent to Sell the Property

Faith Mauritz

Coldwell Banker Realty - Ashland Listed on: 07/18/2022

Coldwell Banker Realty - Ashland

Last Buyer's Agent

Faith Mauritz

Coldwell Banker Realty - Ashland Listed on: 07/18/2022

Coldwell Banker Realty - Ashland

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,591

Year Built

1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Going South on Hwy 13, take right on 11th St W, take right on 2nd Ave W, property on right with sign.
  • New Construction: No
  • Year Built: 1910
  • Cleared Acreage: >= 5, >= 10, >= 20, < 1/2, >= 1/2, >= 1
  • Full Street Address: 1020 2nd Ave W
  • Lot Acreage: 0.24
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Exterior Building Type: FourPlex, Duplex - Up Down, 2 Story

Garage/Parking

  • Parking Features:Workshop in Garage: 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: Off Street, Street Parking

Condo/Co-op/Association

  • Stories in Building: 2

Schools

  • School District: Ashland
  • Junior High Dist: Ashland

Lot Info

  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 2178.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Sep 19, 2022
Sold by
Alk Investments Llc
Bought by
Edge Properties Llc
Seller's Agent
Faith Mauritz
Coldwell Banker Realty - Ashland
Buyer's Agent
Faith Mauritz
Coldwell Banker Realty - Ashland
List Price
$214,000
Sold Price
$214,000
Current Estimated Value
$262,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,112
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Jun 26, 2018
Sold by
Bunch Property Management Llc
Bought by
Larcan Investments Llc

Purchase Details

Closed on
Mar 1, 2006
Sold by
Martinsen Properteis Llc
Bought by
Bunch Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,540
Interest Rate
6.5%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Edge Properties Llc $214,000 Choice Title Llc
Alk Investments Llc $214,000 Choice Title Llc
Larcan Investments Llc $90,000 Midwest Title
Bunch Property Management Llc $105,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bunch Property Management Llc $73,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $214,000 0.0% --
08/16/2022 08/16/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $214,000 -- --
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,591 $94,600 $14,800 $79,800
2023 $2,343 $94,600 $14,800 $79,800
2022 $2,280 $94,600 $14,800 $79,800
2021 $2,179 $94,600 $14,800 $79,800
2020 $1,970 $77,900 $10,900 $67,000
2019 $1,941 $77,900 $10,900 $67,000
2018 $1,859 $77,900 $10,900 $67,000
2017 $1,988 $77,900 $10,900 $67,000
2016 $2,058 $77,900 $10,900 $67,000
2015 $1,914 $77,900 $10,900 $67,000
2014 $1,731 $77,900 $10,900 $67,000
2013 $1,848 $77,900 $10,900 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Faith Mauritz

    Seller's Agent in 2022

    Faith Mauritz

    Coldwell Banker Realty - Ashland

    (715) 813-9554

    92 in this area

    180 Total Sales

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104582

APN: 201-02758-0000

Wisconsin Ashland County Ashland 54806

1020 2nd Ave W, Ashland, WI

This home is located at 1020 2nd Ave W, Ashland, WI 54806 since 18 July 2022 and is currently estimated at $262,112. This property was built in 1910. 1020 2nd Ave W is a home located in Ashland County with nearby schools including Ashland High School, Lake Superior High, and Our Lady of the Lake Catholic School.

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