Seller's Agent in 2024
Holly Hettinga
COLDWELL BANKER ACTION
(715) 302-2990
1,111 Total Sales
110 S State St Merrill, WI 54452
Estimated Value: $441,115
12
Beds
8
Baths
5,352
Sq Ft
$82/Sq Ft
Est. Value
Highlights
- 8 Car Detached Garage
- Hot Water Heating System
- Coin Laundry
- Porch
- Utility Room
About This Home
As of June 2024Attention investors, looking to grow your portfolio - this 8-plex offers 6,576 sq ft with (4) 1-bedroom units, (4) 2-bedroom units (square footages per unit are approximate), a detached 8-car garage with paved parking / gravel lot (2 parking spots per unit - 1 garage spot & 1 exterior spot), seated on a large 0.85 acre lot. Potential opportunity to add more units in the unfinished attic area - huge unfinished space - opportunity to add equity. Great location near downtown Merrill, close to interstate access, and along the paved walking trail along the Wisconsin River. Gross rents are just shy of $5k per month / approx. $59k annually. All units include a refrigerator & range. Some units have been updated with fresh paint / vinyl plank flooring, others offer the opportunity to modernize & yield higher rents. Tenants pay for electricity (separate meters). Clean, walk-out basement with common coin-operated laundry. Roof shingles (approx. 2017). Interior unit photos available in associated documents. Call for more information!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,306
Year Built
- Built in 1895
Lot Details
- 0.85
Home Design
- Shingle Roof
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Utility Room
- Range
Basement
- Walk-Out Basement
- Laundry in Basement
Parking
- 8 Car Detached Garage
- Parking Garage Space
- Off-Street Parking
Utilities
- Hot Water Heating System
- Separate Meters
- Master Meter
- Natural Gas Water Heater
Additional Features
- Porch
- 0.85 Acre Lot
Community Details
- 8 Units
- Coin Laundry
Listing and Financial Details
- Assessor Parcel Number 251-3106-142-0010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2023
Closed on
Jun 17, 2024
Sold by
Flippin Rentals Llc
Bought by
Merrill State St Llc
Seller's Agent
Holly Hettinga
COLDWELL BANKER ACTION
Buyer's Agent
Holly Hettinga
COLDWELL BANKER ACTION
List Price
$499,900
Sold Price
$400,000
Premium/Discount to List
-$99,900
-19.98%
Views
279
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,115
Avg. Annual Appreciation
8.57%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merrill State St Llc | $400,000 | The Closing Company, Llc |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2024 06/17/24 | Sold | $400,000 | -15.8% | $75 / Sq Ft |
| 10/04/2023 10/04/23 | Price Changed | $474,900 | -3.1% | $89 / Sq Ft |
| 09/20/2023 09/20/23 | Price Changed | $489,900 | -1.0% | $92 / Sq Ft |
| 09/06/2023 09/06/23 | Price Changed | $494,900 | -1.0% | $92 / Sq Ft |
| 08/15/2023 08/15/23 | For Sale | $499,900 | -- | $93 / Sq Ft |
Source: Central Wisconsin Multiple Listing Service
Tax History Compared to Growth
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 | $7,306 | $383,800 | $30,100 | $353,700 |
| 2023 | $7,753 | $240,600 | $30,100 | $210,500 |
| 2022 | $7,034 | $240,600 | $30,100 | $210,500 |
| 2021 | $7,460 | $240,600 | $30,100 | $210,500 |
| 2020 | $7,453 | $240,600 | $30,100 | $210,500 |
| 2019 | $7,370 | $240,600 | $30,100 | $210,500 |
| 2018 | $7,280 | $240,600 | $30,100 | $210,500 |
| 2017 | $6,860 | $240,600 | $30,100 | $210,500 |
| 2016 | $6,596 | $240,600 | $30,100 | $210,500 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Hettinga
Map
Source: Central Wisconsin Multiple Listing Service
MLS Number: 22233640
APN: 251-3106-142-0010
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