NOT LISTED FOR SALE

1085 1st Ave Unit 1 & 2 Cumberland, WI 54829

Estimated Value: $136,000 - $163,000

-- Bed
-- Bath
2,400 Sq Ft
$61/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $143,000 $60 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $882/month

36 Days on Market

About This Home

As of July 2023

Recently updated Duplex with new Furnace, Flooring, Mechanics etc. Good Location and Cash Flow. Maintenance Free Exterior. Great Investment Opportunity. Located within Walking Distance of Downtown Cumberland. Call for Details.

Last Listed By

Jonathan Hile

RE/MAX NorthStar Brokerage Phone: 715-671-0200 License #54240-90 Listed on: 05/01/2023

RE/MAX NorthStar

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $899

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Partial Basement

Kitchen

  • Oven
  • Range

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Sellers Personal
  • Assessor Parcel Number 212802514000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$899

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Highway 48 to Cumberland, South on 1st Ave to Home.
  • Lot Size: 50 x 100 x
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1900
  • Lot Size Acres: 0.11
  • Attribution Contact: 715-671-0200
  • Co List Office Phone: 715-671-0200
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2400.0
  • Living Area: 2400.0
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 1200.0
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Appliances: Oven, Range, Refrigerator
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Stone
  • Waterfront: No
  • Exclusions: Sellers Personal
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cumberland

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 212802514000
  • Zoning Description: Residential-Duplex
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 899.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jul 7, 2023
Sold by
Ruppel Aric
Bought by
Snowy Oak Llc A Wisconsin Limited Liabi
Seller's Agent
Jonathan Hile
RE/MAX NorthStar
Buyer's Agent
Jonathan Hile
RE/MAX NorthStar
List Price
$129,500
Sold Price
$143,000
Premium/Discount to List
$13,500
10.42%
Total Days on Market
36
Current Estimated Value
$145,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,934
Avg. Annual Appreciation
2.74%

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 28, 2021
Sold by
Sparish Chad T
Bought by
Christensen Eric
Seller's Agent
Jonathan Hile
RE/MAX NorthStar
Buyer's Agent
Jonathan Hile
RE/MAX NorthStar
List Price
$99,500
Sold Price
$105,000
Premium/Discount to List
$5,500
5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.76%
Interest Rate
2.96%

Purchase Details

Closed on
May 28, 2019
Sold by
Long Donald M
Bought by
Sparish Chad T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.1%
Mortgage Type
Construction

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
Snowy Oak Llc A Wisconsin Limited Liabi $143,000 Loberg Law Office
Ruppel Aric $143,000 Loberg Law Office
Christensen Eric $105,000 --
Christensen Eric $105,000 --
Sparish Chad T $40,000 Lake Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christensen Eric --
Previous Owner Sparish Chad T $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $143,000 +10.4% $60 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $129,500 +23.3% $54 / Sq Ft
05/28/2021 05/28/21 Sold $105,000 +5.5% $44 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $99,500 -- $41 / 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
2023 $876 $41,300 $4,500 $36,800
2022 $862 $41,300 $4,500 $36,800
2021 $891 $41,300 $4,500 $36,800
2020 $883 $41,300 $4,500 $36,800
2019 $1,487 $64,200 $4,500 $59,700
2018 $1,507 $64,200 $4,500 $59,700
2017 $1,410 $64,200 $4,500 $59,700
2016 $1,456 $64,200 $4,500 $59,700
2015 $1,363 $64,200 $4,500 $59,700
2014 $1,443 $64,200 $4,500 $59,700
2013 $1,365 $64,200 $4,500 $59,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1572717

Northwestern Wisconsin Multiple Listing Service

APN: 212-8025-14-000