$90,300
SOLD DEC 6, 2018

1038 Front St Unit 1 & 2 Chippewa Falls, WI 54729

-- Bed
-- Bath
2,323 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

18% Below List Price

90 Days on Market

Highlights

  • Porch
  • Open Patio
  • Forced Air Heating System

About This Home

As of June 2021

Solid investment opportunity with established tenants, vinyl siding, metal roof (2016), & off street parking on Chippewa's east hill. Up/down units are spacious both having access to basement, separate laundry hook-ups & extra storage. Lower unit is 3/1 renting for $690/month, and upper unit is 2/1 renting for $545/month. Very well maintained, with great cash flow! Start on your investment goals, or add this great buy to your portfolio TODAY!

Last Agent to Sell the Property

Kristen Tomczak

Woods & Water Realty Inc/Regional Office License #5800-90 Listed on: 08/07/2018

Last Buyer's Agent

Laurie Marshal

Northland Group Real Estate License #51406-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1885

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 66 x 71 x 66 x 71

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,323 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 22908-3234-60131312B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,790

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Directions: North on Bridge st. to right on Grand Ave. to left on Front St. Property on right.
  • Lot Size: 66 x 71 x 66 x 71
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1885
  • Lot Size Acres: 0.11
  • Co List Office Phone: 715-723-4663
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2323.0
  • Living Area: 2323.0
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 800.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Appliances: Electric Water Heater, Other, Oven, Range, Refrigerator, See Remarks
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Block, Stone
  • Waterfront: No
  • Exclusions: Tenants Personal
  • Construction Type: Vinyl Siding
  • Other Structures: None
  • Patio And Porch Features: Open, Porch

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Chippewa Falls

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 22908-3234-60131312B
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1789.86

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 11, 2021
Sold by
Mcgough Richard
Bought by
Derks Andrew B
Seller's Agent
Craig Marshall
Northland Group Real Estate
Buyer's Agent
Shawn Bergeman
Eau Claire Realty LLC
List Price
$158,900
Sold Price
$160,000
Premium/Discount to List
$1,100
0.69%
Current Estimated Value
$262,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,457
Avg. Annual Appreciation
12.20%
Original Mortgage
$152,000
Outstanding Balance
$137,617
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$124,840

Purchase Details

Listed on
Aug 7, 2018
Closed on
Dec 6, 2018
Sold by
Fadness Karen L
Bought by
Mcgough Richard
Seller's Agent
Kristen Tomczak
Woods & Water Realty Inc/Regional Office
Buyer's Agent
Laurie Marshal
Northland Group Real Estate
List Price
$109,750
Sold Price
$90,300
Premium/Discount to List
-$19,450
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.37%
Original Mortgage
$67,725
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Watton James L and Watton Carolyn A
Bought by
Fadness Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,030
Interest Rate
6.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $160,000 Misc Company
Warranty Deed $271 --
Warranty Deed $86,700 Associate Title Co Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,000 Purchase Money Mortgage
Previous Owner $67,725 New Conventional
Previous Owner $78,030 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $160,000 +0.7% $69 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $158,900 +76.0% $68 / Sq Ft
12/06/2018 12/06/18 Sold $90,300 -17.7% $39 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $109,750 -- $47 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

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 $2,378 $124,900 $12,200 $112,700
2023 $2,161 $124,900 $12,200 $112,700
2022 $2,236 $124,900 $12,200 $112,700
2021 $1,976 $124,900 $12,200 $112,700
2020 $2,175 $124,900 $12,200 $112,700
2019 $1,863 $86,300 $9,100 $77,200
2018 $1,977 $86,300 $9,100 $77,200
2017 $1,790 $86,300 $9,100 $77,200
2016 $1,807 $86,300 $9,100 $77,200
2015 $1,804 $86,300 $9,100 $77,200
2014 $1,772 $86,300 $9,100 $77,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1522684

Northwestern Wisconsin Multiple Listing Service

APN: 22908-3234-60131312B