NOT LISTED FOR SALE

11 Nimikon St Gile, WI 54525

Estimated Value: $86,000 - $136,266

Studio
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: January 31, 2020

Last sale price $68,000

Est. 64% increase in value since last sale

Current estimated payment $795 / mo

35 Days on Market

About This Home

As of January 2020

Brick Construction Apartment Building with Deep Garage! 5 apartments, four 1 bedroom & one 3-4 bedroom. Appliances included. 3 units on ground floor & 2 up. Just a few blocks from the Gile Flowage. Seller ready to move on. This is a very affordable opportunity for rental income. Contact us for details today.

Last Agent to Sell the Property

Mark Silver

SILVER PROPERTIES-EXP REALTY License #UPAR-6502102399 Listed on: 11/18/2019

Last Buyer's Agent

Mark Silver

SILVER PROPERTIES-EXP REALTY License #UPAR-6502102399 Listed on: 11/18/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property
  • Partial Basement

Utilities

  • Hot Water Heating System
  • Internet Available

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 251-0143-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2018
  • Year Built: 1920
  • Mail City: Gile V-WI
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement Type: Partial

Exterior Features

  • Roads: City/County

Garage/Parking

  • Garage Spaces: 1
  • Parking: 3 Or More Spaces, Garage

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 251-0143-0000
  • Lot Dimensions: 50x120
  • Acreage: 0.13
  • Geo Subdivision: WI

Multi Family

  • Total Units: 5

Tax Info

  • Total Tax: Year: 2018

MLS Schools

  • School District: Hurley School District-WI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jan 28, 2020
Sold by
Stutz Willard A and Stutz Kelli L
Bought by
Alpha Management Rentals Llc
Seller's Agent
Mark Silver
SILVER PROPERTIES-EXP REALTY
Buyer's Agent
Mark Silver
SILVER PROPERTIES-EXP REALTY
List Price
$79,900
Sold Price
$68,000
Premium/Discount to List
-$11,900
-14.89%
Current Estimated Value
$111,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,817
Avg. Annual Appreciation
8.32%
Original Mortgage
$56,094
Outstanding Balance
$49,128
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$62,689

Purchase Details

Closed on
Jun 4, 2008
Sold by
Herges John E
Bought by
Stutz Willard A and Stutz Kelli L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Alpha Management Rentals Llc $68,000 Associated Title & Closing S
Stutz Willard A $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alpha Management Rentals Llc $56,094
Previous Owner Stutz Willard A $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2026 03/07/26 Off Market $725 -- --
01/17/2026 01/17/26 For Rent $725 0.0% --
01/31/2020 01/31/20 Sold $68,000 -14.9% --
12/23/2019 12/23/19 Pending -- -- --
11/18/2019 11/18/19 For Sale $79,900 -- --
Source: Upper Peninsula Association of REALTORS®

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
2025 $2,429 $81,400 $3,300 $78,100
2024 $2,016 $81,400 $3,300 $78,100
2023 $1,930 $81,400 $3,300 $78,100
2022 $1,697 $81,400 $3,300 $78,100
2021 $1,719 $81,400 $3,300 $78,100
2020 $1,724 $81,400 $3,300 $78,100
2019 $2,964 $81,400 $3,300 $78,100
2018 $1,860 $81,400 $3,300 $78,100
2017 $1,929 $81,400 $3,300 $78,100
2016 $1,834 $81,400 $3,300 $78,100
2015 $1,237 $81,400 $3,300 $78,100
2014 $1,237 $81,400 $3,300 $78,100
2013 $1,407 $81,400 $3,300 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072494

Upper Peninsula Association of REALTORS®

APN: 251-0143-0000

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