NOT LISTED FOR SALE

127 W Frederick St Rhinelander, WI 54501

Estimated Value: $169,000 - $209,396

4 Beds
4 Baths
1,904 Sq Ft
$95/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $92,000 $48 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,108/month

330 Days on Market

Highlights

  • Shops
  • Ceiling Fan
  • Wood Siding
  • Forced Air Heating System
  • Baseboard Heating

About This Home

As of January 2021

Income producing fourplex on Frederick Street now available for a new investor's portfolio. The property features 2 lower units and 2 upper units bringing in $2,000 per month collectively. The lower 2 bedroom, 1 bath unit with laundry garners $600 per month and the 1 bedroom, 1 bath lower unit with laundry brings in $525* per month. Both lower tenants paying for all utilities outside of water which is paid for by owner. The upper efficiency units rent for $400 and $475 per month with all utilities included in the rent and paid for by owner. The lower units have individual electrical panels, water heaters and electrical meters while the upper units share one electrical panel, one water heater and one electrical meter. Insurance for the property is $738 for the year and offers shared parking on the lot for tenants. New furnace in lower 2BR unit. Lower level 1 bedroom, 1 bath unit is currently vacant.

Last Agent to Sell the Property

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 03/03/2020

FIRST WEBER - RHINELANDER

Last Buyer's Agent

Ron Skagen

FIRST WEBER - RHINELANDER License #21338 - 90 Listed on: 03/03/2020

FIRST WEBER - RHINELANDER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,730

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Interior and Exterior Basement Entry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Baseboard Heating
  • Well
  • Gas Water Heater

Community Details

  • Shops

Listing and Financial Details

  • Assessor Parcel Number 27601-0076-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,730

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Ownership: Fee Simple
  • Above Grade Finished Sq Ft: 1904.0
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Interior Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed
  • Interior Amenities: Ceiling Fan(s)

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Stone
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Other, Driveway

Utilities

  • Heating: Baseboard, Forced Air, Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 27601-0076-0000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1730.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jan 26, 2021
Sold by
S & N Properites Llc
Bought by
Weber Tyler M L and Weber Kacy J
Seller's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
Buyer's Agent
Ron Skagen
FIRST WEBER - RHINELANDER
List Price
$119,500
Sold Price
$92,000
Premium/Discount to List
-$27,500
-23.01%
Current Estimated Value
$180,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,849
Avg. Annual Appreciation
15.29%
Original Mortgage
$73,600
Outstanding Balance
$60,021
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$120,828
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
Weber Tyler M L $92,000 Northwoods Ttl & Closing Svc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber Tyler M L $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $92,000 -23.0% $48 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
03/03/2020 03/03/20 For Sale $119,500 -- $63 / Sq Ft
Source: Greater Northwoods 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
2024 $1,943 $79,400 $8,000 $71,400
2023 $1,873 $79,400 $8,000 $71,400
2022 $1,539 $79,400 $8,000 $71,400
2021 $1,854 $79,400 $8,000 $71,400
2020 $1,595 $79,400 $8,000 $71,400
2019 $1,658 $79,400 $8,000 $71,400
2018 $1,641 $79,400 $8,000 $71,400
2017 $1,652 $79,400 $8,000 $71,400
2016 $1,736 $79,400 $8,000 $71,400
2015 $1,877 $79,400 $8,000 $71,400
2014 $1,877 $79,400 $8,000 $71,400
2011 $1,923 $87,300 $8,000 $79,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 183211

Greater Northwoods MLS

APN: RH 76