NOT LISTED FOR SALE

109 S Michigan St Unit 1-4 Eau Claire, WI 54703

Mount Washington Neighborhood

Estimated Value: $323,000 - $360,000

2 Beds
4 Baths
4,448 Sq Ft
$77/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $325,000 $73 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,255/month

75 Days on Market

Highlights

  • 2 Fireplaces
  • Shed
  • 3-minute walk to Newell Park
  • Memorial High School Rated A
  • Radiant Heating System

About This Home

As of January 2024

4-PLEX FOR SALE!!! This 4-plex is fully occupied and bringing in $3,315/month. The expenses the owner pays are Heat at $215.13/month, Electric for common area is $35/month, Trash at $141.57/month, Water at $92.29/month, and lawn and snow. Improvements on the property include some cosmetic work on the inside, new boiler furnace approximately 4 years ago, and a new roof approximately 5 years ago. New breaker panels were also put in approximately 5 years ago. There is a garage on the property that is owner used. Showings to start on Tuesday, November 7.

Last Agent to Sell the Property

Todd Schwartz

Chippewa Valley Real Estate, LLC Brokerage Phone: 715-514-5440 License #58079-90 Listed on: 11/02/2023

Co-Listed By

Patrick Rebman

Chippewa Valley Real Estate, LLC Brokerage Phone: 715-514-5440 License #58078-90

Last Buyer's Agent

George Handorf

Woods & Water Realty, Inc~Rice Lake License #96823-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,762

Year Built

  • Built in 1871

Parking

  • Driveway

Home Design

  • Quadruplex
  • Block Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 4,448 Sq Ft Home
  • 2 Fireplaces
  • Partial Basement

Kitchen

  • Oven
  • Range

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Radiant Heating System
  • Gas Water Heater

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 1822122710250012005

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $420
  • Fuel Expense $2,581
  • Trash Expense $1,698
  • Water Sewer Expense $1,107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,762

Year Built

Built in 1871

Lot Details

0

Listing Details

  • Directions: Clairemont Ave to West on Menomonie St. to Left on Michigan St.
  • Lot Size: 140 x 70 x
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1871
  • Co List Office Mls Id: 3947
  • Co List Office Phone: 715-514-5440
  • Attribution Contact: 715-514-5440
  • Co List Office Phone: 715-514-5440
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4448.0
  • Reso Fireplace Features: Two
  • Living Area: 4448.0
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Basement YN: Yes
  • Fireplaces: 2
  • Fireplace: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Asphalt, Driveway

Utilities

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

Fee Information

  • Annual Fuel Expense: 2581.0
  • Trash Expense: 1698.0
  • Annual Water Sewer Expense: 1107.0

Schools

  • Junior High Dist: Eau Claire Area

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 1822122710250012005
  • Zoning Description: Residential,Residential-Multifamily

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4762.0

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 12, 2024
Sold by
Big Dog Property And Investments Llc
Bought by
S And D Property Management Llc
Seller's Agent
Todd Schwartz
Chippewa Valley Real Estate, LLC
Buyer's Agent
George Handorf
Woods & Water Realty, Inc~Rice Lake
List Price
$325,000
Sold Price
$325,000
Views
134
Current Estimated Value
$344,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,014
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Jan 8, 2018
Sold by
Pilot Lending Llc
Bought by
Big Dog Property & Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2007
Sold by
Henthorn Gerald L and Henthorn Linda E
Bought by
Cartwright Genita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2005
Sold by
Buchholz Rory S and Buchholz Wendy L
Bought by
Henthorn Gerald L and Henthorn Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
5.91%
Mortgage Type
Commercial
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
S And D Property Management Llc $325,000 --
Big Dog Property & Investments -- --
Cartwright Genita M $213,000 None Available
Henthorn Gerald L $212,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Big Dog Property & Investments $199,750
Previous Owner Cartwright Genita M $186,000
Previous Owner Henthorn Gerald L $190,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2024 01/22/24 Sold $325,000 0.0% $73 / Sq Ft
11/07/2023 11/07/23 For Sale $325,000 -- $73 / 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 $5,354 $270,400 $43,300 $227,100
2023 $4,900 $270,400 $43,300 $227,100
2022 $4,763 $270,400 $43,300 $227,100
2021 $4,674 $270,400 $43,300 $227,100
2020 $4,371 $221,100 $33,900 $187,200
2019 $4,392 $221,100 $33,900 $187,200
2018 $4,230 $217,300 $33,900 $183,400
2017 $4,514 $200,000 $40,000 $160,000
2016 $5,538 $200,000 $40,000 $160,000
2014 -- $200,000 $40,000 $160,000
2013 -- $200,000 $40,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • Todd Schwartz

    Seller's Agent in 2024

    Todd Schwartz

    Chippewa Valley Real Estate, LLC

    (715) 836-8080

    3 in this area

    185 Total Sales

    Todd Schwartz
    Section Image
  • Patrick Rebman

    Seller Co-Listing Agent in 2024

    Patrick Rebman

    Chippewa Valley Real Estate, LLC

    (715) 495-5245

    5 in this area

    183 Total Sales

    Patrick Rebman
    Section Image

  • G

    Buyer's Agent in 2024

    George Handorf

    Woods & Water Realty, Inc~Rice Lake

    (715) 723-4663

    2 in this area

    23 Total Sales

    George Handorf
    Section Image
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1578125

Northwestern Wisconsin Multiple Listing Service

APN: 04-0265

Wisconsin Eau Claire County Eau Claire 54703 Mount Washington

109 S Michigan St Unit 1-4, Eau Claire, WI

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