NOT LISTED FOR SALE

1111 Chestnut St Wisconsin Rapids, WI 54494

Estimated Value: $97,744 - $182,000

4 Beds
2 Baths
1,478 Sq Ft
$101/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $135,000 $91 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $998/month

23 Days on Market

About This Home

As of October 2023

Amazing investment opportunity in the heart of Wisconsin Rapids. Upper/lower duplex that has had many updates in the past few years, including furnaces, water heaters, flooring (remaining flooring is hardwood), exterior doors, many appliances, LED lighting in the upper unit, paint, faux wood blinds, and plumbing updates. Lower unit has a brand new dishwasher. All windows are newer and double hung. Laundry hook ups are available in both units and all current washers and dryers will convey. Deck on the lower unit was rebuilt in 2015. Brand new dishwasher was just installed in the lower unit. There is a two door garage on property that tenants currently share. Rent roll sits at $1,775/month. Tenants pay all utilities, except the landlord pays lower unit's internet @ $29.99/month. Leases are short term and tenants are responsible for lawn care and snow removal.

Last Listed By

SCOTT STANKOWSKI

EXIT REALTY CW License #93838-94 Listed on: 08/01/2023

EXIT REALTY CW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,970

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 66x102

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,478 Sq Ft Home
  • 1.5-Story Property
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 34-07461

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,970

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Remarks: Included in this portfolio is the triplex 940-944 1st North in Wisconsin Rapids as well as duplex 804 1st Street North in Nekoosa. A package purchase is ideal. Take your portfolio to the next level and add 7 more units. Call for more information.
  • Class: Multi-Family
  • Lvt Date: 08/03/2023
  • Municipality: Wisconsin Rapids, City of
  • Style: 1.5 Story
  • Type: Duplex
  • Year Built: 1900
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 680
  • Finished Above Grade Sq Ft: 1478
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Sewer Water: Pb Sewer/Pb Water
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: y
  • Water: y

Lot Info

  • Acreage: .15
  • Lot Size: 66x102
  • Geo Address Line: 1111 Chestnut St
  • Geo Primary City: Wisconsin Rapids
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 19500

Tax Info

  • Assessor Parcel Number: 34-07461

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Mary M Molski Living Trust
Bought by
Red Dahlias Llc
Total Days on Market
23
Current Estimated Value
$148,936

Purchase Details

Closed on
Nov 15, 2007
Sold by
Leffler Jill M
Bought by
Molski Mary M and Mary M Molski Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Red Dahlias Llc $75,000 Attorney Richard E Bender
Molski Mary M $71,000 Badger Title Of Wisc
Molski Mary M $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molski Mary M $71,000
Previous Owner Leffler Jill M $5,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $135,000 -2.9% $91 / Sq Ft
08/01/2023 08/01/23 For Sale $139,000 -- $94 / 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 $1,970 $100,400 $7,800 $92,600
2023 $1,608 $58,200 $7,800 $50,400
2022 $1,604 $58,200 $7,800 $50,400
2021 $1,883 $58,200 $7,800 $50,400
2020 $1,873 $58,200 $7,800 $50,400
2019 $1,874 $58,200 $7,800 $50,400
2018 $1,853 $58,200 $7,800 $50,400
2017 $1,836 $55,700 $8,500 $47,200
2016 $1,732 $55,700 $8,500 $47,200
2015 $1,410 $55,700 $8,500 $47,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22233346

Central Wisconsin Multiple Listing Service

APN: 3407461