NOT LISTED FOR SALE

1038 S 7th Ave Wausau, WI 54401

Southwest Jones Neighborhood

Estimated Value: $89,000 - $138,816

3 Beds
2 Baths
1,560 Sq Ft
$74/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $64,000 $41 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $742/month

40 Days on Market

Highlights

  • Deck
  • Porch
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of December 2022

West side duplex in need of a good handyman. Lower level is actually very nice and has long term tenants, upper is in need of rehab. Home is being sold AS-IS. Agent-owned.

Last Agent to Sell the Property

DAVID DETTMANN

COLDWELL BANKER ACTION License #29423-94 Listed on: 09/20/2022

COLDWELL BANKER ACTION

Last Buyer's Agent

DAVID DETTMANN

COLDWELL BANKER ACTION License #29423-94 Listed on: 09/20/2022

COLDWELL BANKER ACTION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,986

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Fire and Smoke Detector

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 291-2907-353-0138

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,986

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 09/21/2022
  • Municipality: Wausau, City of
  • Style: 1.5 Story
  • Type: Duplex
  • Year Built: 1925
  • Construction: Wood
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 1040
  • Finished Above Grade Sq Ft: 1560
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Interior: Ceiling Fan(s), Smoke Detector, Wood Floors
  • Basement Type: Full, Stone

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck, Porch

Garage/Parking

  • Parking: 2 Space, Off Street

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Meter (s)
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Hook-up in Some
  • Separate Electricity: Y
  • Separate Heat: Y

Schools

  • School District: Wausau West
  • Wausau Area School Dist: Wausau West

Lot Info

  • Acreage: 0.14
  • Lot Size: 50X120
  • Zoning: Multi-Family, Residential
  • Present Use: Duplex
  • Geo Address Line: 1038 S 7th Ave
  • Geo Primary City: Wausau
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 8,700

Tax Info

  • Tax Amount: $1,356
  • Assessor Parcel Number: 291-2907-353-0138
  • Tax Year: 2021

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Dec 6, 2022
Sold by
Landshark Investment Group Llc A Forei
Bought by
Cw Custom Exteriorscom Llc A Wisconsi
Seller's Agent
DAVID DETTMANN
COLDWELL BANKER ACTION
Buyer's Agent
DAVID DETTMANN
COLDWELL BANKER ACTION
List Price
$79,900
Sold Price
$64,000
Premium/Discount to List
-$15,900
-19.9%
Views
55
Current Estimated Value
$115,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,204
Avg. Annual Appreciation
25.81%

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 13, 2021
Sold by
White Amy
Bought by
Landshark Investment Group Llc
Seller's Agent
Vicki Schaar
RE/MAX EXCEL
Buyer's Agent
DAVID DETTMANN
COLDWELL BANKER ACTION
List Price
$54,900
Sold Price
$56,000
Premium/Discount to List
$1,100
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$39,200
Interest Rate
2.9%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Cw Custom Exteriorscom Llc A Wisconsi $64,000 Jolene Nowak
Landshark Investment Group Llc $56,000 Abstracts & Titles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cw Custom Exteriorscom Llc $1,539,000
Previous Owner Landshark Investment Group Llc $39,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $64,000 -19.9% $41 / Sq Ft
09/20/2022 09/20/22 For Sale $79,900 +42.7% $51 / Sq Ft
08/13/2021 08/13/21 Sold $56,000 +2.0% $36 / Sq Ft
06/21/2021 06/21/21 For Sale $54,900 -- $35 / Sq Ft
Source: Central 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 $3,986 $93,600 $19,300 $74,300
2023 $1,878 $68,800 $15,000 $53,800
2022 $1,423 $68,800 $15,000 $53,800
2021 $1,356 $68,800 $15,000 $53,800
2020 $1,477 $68,800 $15,000 $53,800
2019 $1,470 $65,300 $11,500 $53,800
2018 $1,658 $65,300 $11,500 $53,800
2017 $1,467 $65,300 $11,500 $53,800
2016 $1,414 $65,300 $11,500 $53,800
2015 $1,595 $65,300 $11,500 $53,800
2014 $1,656 $71,000 $15,000 $56,000
Source: Public Records

Agents Affiliated with this Home

  • DAVID DETTMANN

    Seller's Agent in 2022

    DAVID DETTMANN

    COLDWELL BANKER ACTION

    (715) 581-7973

    2 in this area

    130 Total Sales

    DAVID DETTMANN
    Section Image
  • Vicki Schaar

    Seller's Agent in 2021

    Vicki Schaar

    RE/MAX

    (715) 551-2776

    4 in this area

    140 Total Sales

    Vicki Schaar
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22204828

Central Wisconsin Multiple Listing Service

APN: 291-2907-353-0138

Wisconsin Marathon County Wausau 54401 Southwest Jones

1038 S 7th Ave, Wausau, WI

This home is located at 1038 S 7th Ave, Wausau, WI 54401 since 20 September 2022 and is currently estimated at $115,204, approximately $73 per square foot. This property was built in 1925. 1038 S 7th Ave is a home located in Marathon County with nearby schools including G.D. Jones Elementary School, John Muir Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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