NOT LISTED FOR SALE

126 N Wisconsin Ave Gaylord, MI 49735

Estimated Value: $152,000 - $554,000

26 Beds
10 Baths
6,894 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $510,000 $74 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $2,270/month

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room

About This Home

As of January 2024

Prime Investment Opportunity in the heart of downtown Gaylord! This income property boasts three distinct addresses and five buildings, offering a diverse range of rental options. Apartments and boarding houses rented by the room, this property caters to various lifestyles. Located behind McDonald's. A few units have been thoughtfully renovated, ensuring modern comfort and style. Coin laundry room within the complex. Don't miss your chance to capitalize on this lucrative venture!

Last Agent to Sell the Property

Ken Ames

Kidd & Leavy Real Estate Co. LLC License #6502351312 Listed on: 01/10/2024

Last Buyer's Agent

Ken Ames

Kidd & Leavy Real Estate Co. LLC License #6502351312 Listed on: 01/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,392

Lot Details

  • Lot Dimensions are 264'x924'
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 6,894 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 26 Bedrooms
  • Primary Bedroom on Main
  • 10 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 100-000-005-015-00,14-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,392

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 01/19/2024
  • Section: 3
  • Second Address Number: 126-137
  • Directions: From Main Street, North to locations on left and right
  • Price per Sq Ft: 73.98
  • OFFICELIST_STATE: MI
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 6894
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Total Rooms: 43
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 6894
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 26
  • Full Bathrooms: 10
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Gaylord
  • School District: Gaylord

Lot Info

  • Estimated Lot Dimensions: 264'X924'
  • Zoning: C-2

Tax Info

  • Assessor Parcel Number: 100-000-005-015-00,14-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Jan 10, 2024
Sold by
Rowm Investments Llc
Bought by
Treetops Acquisition Company Llc
Seller's Agent
Ken Ames
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Ken Ames
Kidd & Leavy Real Estate Co. LLC
Sold Price
$510,000
Total Days on Market
0
Views
4
Current Estimated Value
$365,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,610
Avg. Annual Appreciation
-18.30%
Original Mortgage
$367,500
Outstanding Balance
$361,408
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$3,982

Purchase Details

Listed on
Nov 11, 2020
Closed on
Mar 10, 2021
Sold by
J C H L L C - Holborn
Bought by
Rowm Investments Llc
Seller's Agent
Bill Blaker
BLAKER REALTY
Buyer's Agent
TheTEAM Real Estate Group
The TEAM Real Estate Group
Sold Price
$101,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.86%
Original Mortgage
$185,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 4, 2021
Sold by
Holborn Christopher A
Bought by
Jch Llc
Seller's Agent
Bill Blaker
BLAKER REALTY
Buyer's Agent
TheTEAM Real Estate Group
The TEAM Real Estate Group
Sold Price
$101,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2011
Sold by
Sutter Elizabeth
Bought by
Holborn Jerry D and Holborn Christopher A
Source: Public Records

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
Treetops Acquisition Company Llc $510,000 --
Rowm Investments Llc $218,500 --
Jch Llc -- --
Holborn Jerry D $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Treetops Acquisition Company Llc $367,500
Previous Owner Rowm Investments Llc $185,000
Previous Owner Rowm Investments Llc $44,000
Previous Owner Holborn Christopher A $42,450
Previous Owner Holborn Jerry $24,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $510,000 0.0% $74 / Sq Ft
01/10/2024 01/10/24 Sold $510,000 -14.3% --
08/14/2023 08/14/23 For Sale $595,000 +489.1% --
03/10/2021 03/10/21 Sold $101,000 -- --
03/08/2021 03/08/21 Pending -- -- --
Source: Northern Michigan MLS

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
2025 $3,392 $104,600 $0 $0
2024 $3,392 $92,700 $0 $0
2023 $4,616 $84,500 $0 $0
2022 $4,498 $74,700 $0 $0
2021 $2,336 $66,200 $0 $0
2020 $2,354 $59,300 $0 $0
2019 $704 $56,100 $0 $0
2018 -- $35,800 $35,800 $0
2017 -- $36,600 $0 $0
2016 -- $33,400 $0 $0
2013 -- $25,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 472961

Northern Michigan MLS

APN: 100-000-005-014-00