NOT LISTED FOR SALE

1214 1st Ave Unit 1 & 2 & 3 Eau Claire, WI 54703

Randall Park Neighborhood

Estimated Value: $228,041 - $286,000

1 Bed
3 Baths
2,436 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $180,000 $74 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,710/month

13 Days on Market

About This Home

As of November 2021

Excellent investment opportunity with solid rental history on this triplex. (2) 2 bedroom units and (1) 1 bedroom unit. Alley parking available. Common area in basement with coin operated laundry. Within walking distance of stores, restaurants, hospital and Chippewa River. Property is in a "Special Flood Hazard Area", see attached map. Motivated seller, selling "As-Is".

Last Agent to Sell the Property

Lecia Long

Pro Country Realty License #89469-94 Listed on: 09/29/2021

Last Buyer's Agent

Tina Theisen

RE/MAX Real Estate Group License #57891-90

RE/MAX Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,414

Year Built

  • Built in 1881

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Triplex
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2,436 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Radiant Heating System
  • Heating System Uses Steam

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 18221-2-270920-008-2042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,414

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Directions: US Hwy 12/W Clairemont Ave for about 1 mile, turn right onto Menomonie Street go 1/2 mile, road name changes to Water Street go about a mile, turn left onto 1st Ave, few blocks down, property on left.
  • Lot Size: 50 x 100 x
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1881
  • Lot Size Acres: 0.1148
  • Co List Office Phone: 715-495-0814
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2436.0
  • Living Area: 2436.0
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

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

Utilities

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

Schools

  • Junior High Dist: Eau Claire

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 18221-2-270920-008-2042
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4413.68

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 12, 2021
Sold by
Lisowski Properties Llc
Bought by
Franko Family Rentals Llc
Seller's Agent
Lecia Long
Pro Country Realty
Buyer's Agent
Tina Theisen
RE/MAX Real Estate Group
List Price
$174,500
Sold Price
$180,000
Premium/Discount to List
$5,500
3.15%
Current Estimated Value
$253,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,116
Avg. Annual Appreciation
8.86%
Original Mortgage
$144,000
Outstanding Balance
$133,427
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$113,602
Source: Public Records

Range of Values:

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Average Value
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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
Franko Family Rentals Llc $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franko Family Rentals Llc $144,000
Previous Owner Lisowski Properties Llc $83,572
Previous Owner Lisowski Dennis $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $180,000 +3.2% $74 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $174,500 -- $72 / 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 $3,743 $190,000 $14,400 $175,600
2023 $3,426 $190,000 $14,400 $175,600
2022 $3,331 $190,000 $14,400 $175,600
2021 $3,269 $190,000 $14,400 $175,600
2020 $4,414 $157,500 $14,400 $143,100
2019 $3,811 $157,500 $14,400 $143,100
2018 $3,414 $157,500 $14,400 $143,100
2017 $3,284 $129,600 $13,400 $116,200
2016 $3,319 $129,600 $13,400 $116,200
2014 -- $129,600 $13,400 $116,200
2013 -- $129,600 $13,400 $116,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1558841

Northwestern Wisconsin Multiple Listing Service

APN: 06-0378