NOT LISTED FOR SALE

1162 E Madison St Unit 2 Eau Claire, WI 54703

North Side Hill Neighborhood

Estimated Value: $199,000 - $257,000

3 Beds
2 Baths
1,792 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $195,000 $109 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,420/month

66 Days on Market

About This Home

As of October 2022

Great income producing duplex with solid rental history. Separate water, and electricity meters. Tenant's responsible for utilities, snow removal, lawn care, and water. Each unit has in-unit laundry. Monthly rental income of $1,510 with room for increases. Please allow 24 hrs for showings to alert tenants. Listing agent is owner of property.

Last Agent to Sell the Property

Luke Jorde

Peters Real Estate Group License #84629-94 Listed on: 07/21/2022

Last Buyer's Agent

Bryon Bensen

Kleven Real Estate Inc License #73200-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1876

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • Partial Basement

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Radiant Heating System
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 18221-2-270917-440-2017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,456

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Directions: Hastings Way to W on Birch St; turn Left on McDonough St; turn Right on E. Madison St; property is on Right.
  • Lot Size: 132 x 66 x
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1876
  • Lot Size Acres: 0.2
  • Co List Office Phone: 715-831-2106
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1792.0
  • Living Area: 1792.0
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 606.0
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Block
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Asphalt, Driveway

Utilities

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

Schools

  • Junior High Dist: Eau Claire

Lot Info

  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 221010109000
  • Parcel Number: 18221-2-270917-440-2017
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2455.81

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Oct 24, 2022
Sold by
Jorde Properties Llc
Bought by
1162 Madison Llc
Seller's Agent
Luke Jorde
Peters Real Estate Group
Buyer's Agent
Bryon Bensen
Kleven Real Estate Inc
List Price
$214,999
Sold Price
$195,000
Premium/Discount to List
-$19,999
-9.3%
Total Days on Market
66
Current Estimated Value
$223,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,524
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Mills Glen W
Bought by
Jorde Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2013
Sold by
Klingel Arlen J and Klingel Sandra L
Bought by
Mills Glen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
4.23%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
1162 Madison Llc $195,000 --
Jorde Properties Llc $105,000 --
Mills Glen W $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jorde Properties Llc $84,000
Previous Owner Mills Glen W $76,500
Previous Owner Klingel Arlen J $31,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $195,000 -9.3% $109 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $214,999 -- $120 / 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 $2,811 $143,500 $20,000 $123,500
2023 $2,574 $143,500 $20,000 $123,500
2022 $2,502 $143,500 $20,000 $123,500
2021 $2,456 $143,500 $20,000 $123,500
2020 $2,708 $138,000 $19,300 $118,700
2019 $2,719 $138,000 $19,300 $118,700
2018 $3,240 $138,000 $19,300 $118,700
2017 $2,340 $99,900 $19,300 $80,600
2016 $0 $99,900 $19,300 $80,600
2014 -- $78,400 $19,300 $59,100
2013 -- $78,400 $19,300 $59,100
Source: Public Records

Agents Affiliated with this Home

  • Luke Jorde

    Seller's Agent in 2022

    Luke Jorde

    Peters Real Estate Group

    (608) 738-5596

    10 in this area

    25 Total Sales

    Luke Jorde
    Section Image

  • B

    Buyer's Agent in 2022

    Bryon Bensen

    Kleven Real Estate Inc

    (715) 834-1501

    4 in this area

    31 Total Sales

    Bryon Bensen
    Section Image
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1566872

Northwestern Wisconsin Multiple Listing Service

APN: 01-0109

Wisconsin Eau Claire County Eau Claire 54703 North Side Hill

1162 E Madison St Unit 2, Eau Claire, WI

This home is located at 1162 E Madison St Unit 2, Eau Claire, WI 54703 since 21 July 2022 and is currently estimated at $223,524, approximately $124 per square foot. This property was built in 1876. 1162 E Madison St Unit 2 is a home located in Eau Claire County with nearby schools including Longfellow Elementary School, Delong Middle School, and North High School.

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