NOT LISTED FOR SALE

116 N 7th Ave Wausau, WI 54401

Westies Neighborhood

Estimated Value: $169,000 - $184,000

5 Beds
2 Baths
2,352 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $136,000 $58 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,187/month

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Utility Room
  • Porch

About This Home

As of November 2023

Good sized duplex that has been updated throughout the years. Main floor unit has 2 Bedrooms, 1 Bathroom with long term tenants. Upper unit is currently vacant and could be a good owner occupy as it has 3 Bedrooms 1 Bathroom. Both units have in unit laundry hook ups, All utilities are separate and paid for by tenants except for Water. 2 car detached garage with additional parking behind garage with ally access to those parking spots. Priced to sell! Seller is a licensed real estate agent.

Last Agent to Sell the Property

Steve LaCerte

COLDWELL BANKER ACTION License #52410-90 Listed on: 10/03/2023

COLDWELL BANKER ACTION

Last Buyer's Agent

Mark Bohlman

WISCONSIN REAL ESTATE CO. LLC License #75939-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,970

Home Design

  • Duplex
  • Shingle Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement
  • Crawl Space
  • Range

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Alley Access
  • Driveway

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • 6,970 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 29129072630054

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Duplex
  • Year Built: 1890
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Finished Above Grade Sq Ft: 2352
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Washer, Dryer
  • Basement: Yes
  • Interior: Cable Hookup
  • Basement Type: Crawl Space

Exterior Features

  • Roof: Shingle, Metal
  • Patio Deck: Porch

Garage/Parking

  • Garage Capacity: 2
  • Parking: Alley Entrance, Driveway Entrance, Extra Space Available
  • Garage: Detached

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Meter (s)
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Hook-up in All
  • Sewer Included: Y
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: Y
  • Water: Y
  • Water Included: Y

Schools

  • Wausau Area School Dist: Wausau West

Lot Info

  • Acreage: .16
  • Zoning: Multi-Family, Residential
  • Present Use: Rental
  • Geo Address Line: 116 N 7th Ave
  • Geo Primary City: Wausau
  • Geo Quality: 0.95

Rental Info

  • Annual Rent: 9000

Tax Info

  • Assessor Parcel Number: 29129072630054

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 17, 2023
Sold by
Reemstma Steven D
Bought by
Benson Jared
Seller's Agent
Steve LaCerte
COLDWELL BANKER ACTION
Buyer's Agent
Mark Bohlman
WISCONSIN REAL ESTATE CO. LLC
List Price
$128,000
Sold Price
$136,000
Premium/Discount to List
$8,000
6.25%
Views
105
Current Estimated Value
$174,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,579
Avg. Annual Appreciation
12.44%
Original Mortgage
$102,000
Outstanding Balance
$100,130
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$74,449

Purchase Details

Listed on
Jan 14, 2015
Closed on
Jul 1, 2015
Sold by
Konkol James G and Konkol Luanne R
Bought by
Northcott Steven D
Seller's Agent
Yvonne Prey
COLDWELL BANKER ACTION
Buyer's Agent
Gizo Ujarmeli
AMAXIMMO LLC
List Price
$89,900
Sold Price
$82,000
Premium/Discount to List
-$7,900
-8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$73,800
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benson Jared $136,000 Avenue Title Services
Northcott Steven D $82,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson Jared $102,000
Previous Owner Northcott Steven D $73,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2023 11/20/23 Sold $136,000 +6.3% $58 / Sq Ft
10/03/2023 10/03/23 For Sale $128,000 +56.1% $54 / Sq Ft
07/01/2015 07/01/15 Sold $82,000 -8.8% -- View Prior Sale
04/21/2015 04/21/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $89,900 -- --
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 $3,291 $173,600 $17,100 $156,500
2023 $2,453 $98,800 $16,500 $82,300
2022 $3,333 $98,800 $16,500 $82,300
2021 $3,268 $98,800 $16,500 $82,300
2020 $3,052 $98,800 $16,500 $82,300
2019 $3,015 $91,600 $10,800 $80,800
2018 $2,357 $91,600 $10,800 $80,800
2017 $2,982 $91,600 $10,800 $80,800
2016 $2,593 $91,600 $10,800 $80,800
2015 $2,268 $91,600 $10,800 $80,800
2014 $2,360 $99,900 $16,500 $83,400
Source: Public Records

Agents Affiliated with this Home

  • Steve LaCerte

    Seller's Agent in 2023

    Steve LaCerte

    COLDWELL BANKER ACTION

    (715) 551-6567

    8 in this area

    254 Total Sales

    Steve LaCerte
    Section Image

  • M

    Buyer's Agent in 2023

    Mark Bohlman

    WISCONSIN REAL ESTATE CO. LLC

    (715) 370-0656

    1 in this area

    22 Total Sales

    Mark Bohlman
    Section Image
  • Yvonne Prey

    Seller's Agent in 2015

    Yvonne Prey

    COLDWELL BANKER ACTION

    (715) 571-7653

    8 in this area

    95 Total Sales

    Yvonne Prey
    Section Image
  • Gizo Ujarmeli

    Buyer's Agent in 2015

    Gizo Ujarmeli

    AMAXIMMO LLC

    (715) 841-0015

    33 in this area

    706 Total Sales

    Gizo Ujarmeli
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22234543

Central Wisconsin Multiple Listing Service

APN: 291-2907-263-0054

Wisconsin Marathon County Wausau 54401 Westies

116 N 7th Ave, Wausau, WI

Not Listed for Sale

MultiFamily

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