NOT LISTED FOR SALE

1322 Prospect Ave Unit 1324 Wausau, WI 54403

Estimated Value: $188,000 - $231,000

4 Beds
3 Baths
2,300 Sq Ft
$90/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $201,000 $87 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,286/month

22 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • East High School Rated A-

About This Home

As of May 2024

Welcome to this modern side-by-side duplex situated in a sprawling neighborhood, offering contemporary living in a vibrant community. Constructed in 1991, this property presents an exceptional opportunity for investors and homebuyers alike, seeking a well-appointed residence. Each unit features 2 bedrooms and 1.5 bathrooms, offering generous living spaces designed for modern comfort and convenience. The layout is thoughtfully crafted to accommodate diverse lifestyles, with ample room for relaxation and entertainment. The bedrooms and full bath are upstairs allowing for privacy from the main floor while entertaining. The half bath is located off the kitchen on the main floor. The kitchen allows for breakfast bar seating or space for a dining room table. The living rooms have a sliding patio door allowing ample daylight to enter the home. These doors lead to porches separated by a privacy wall. Each unit offers attached one car garages. These garages have extra storage space at the front as well.

Last Agent to Sell the Property

RISE REAL ESTATE TEAM

JONES REAL ESTATE GROUP License #59470 Listed on: 03/13/2024

Co-Listed By

MAKENZI GALE

JONES REAL ESTATE GROUP License #110369-94

Last Buyer's Agent

SCOTT WESSEL

WISCONSIN REAL ESTATE CO. LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1991

Lot Details

  • 7,841

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Basement
  • Laundry in Basement
  • Range
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater

Additional Features

  • Deck
  • 7,841 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 291-2807-011-0950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,456

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Additional Remarks: Nestled within a larger neighborhood, this duplex offers a lively setting with access to a variety of amenities and attractions. Residents can enjoy the benefits of a larger community, including nearby parks, schools, and recreational facilities. Whether you're seeking rental income or planning to make this property your own, this duplex presents a versatile investment opportunity. With its modern design, well-maintained condition, and prime location, it offers the potential for long-term appreciation and financial growth. Don't miss the chance to own this modern duplex in a thriving neighborhood setting. Schedule a showing today and experience the contemporary lifestyle and abundant amenities offered by this exceptional residence!
  • Class: Multi-Family
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Duplex
  • Year Built: 1991
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 1150
  • Finished Above Grade Sq Ft: 2300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Basement Type: Laundry Facilities

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck

Garage/Parking

  • Garage Capacity: 2
  • Garage: Attached

Utilities

  • Cooling: Central Air
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Hook-up in All
  • Separate Electricity: Y

Lot Info

  • Acreage: .18
  • Lot Size: 7841
  • Zoning: Residential
  • Geo Address Line: 1322 Prospect Ave # 1324
  • Geo Primary City: Wausau
  • Geo Quality: 0.95

Tax Info

  • Tax Amount: $3,889
  • Assessor Parcel Number: 291-2807-011-0950
  • Tax Year: 2023

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 1, 2024
Sold by
Jg Residential Llc
Bought by
Lmg Investments Llc
Seller's Agent
RISE REAL ESTATE TEAM
JONES REAL ESTATE GROUP
Buyer's Agent
SCOTT WESSEL
WISCONSIN REAL ESTATE CO. LLC
List Price
$219,900
Sold Price
$201,000
Premium/Discount to List
-$18,900
-8.59%
Views
95
Current Estimated Value
$206,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,117
Avg. Annual Appreciation
1.69%
Original Mortgage
$150,750
Outstanding Balance
$148,632
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$57,485

Purchase Details

Closed on
May 2, 2022
Sold by
J. Gorski Randall and A. Judith
Bought by
Gorski Rentals Llc
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
Lmg Investments Llc $201,000 Runkel Abstract & Title
Lmg Investments Llc $201,000 Runkel Abstract & Title
Jg Residential Llc -- Runkel Abstract & Title
Gorski Rentals Llc $175,000 Runkel Abstract & Title Co./Re
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lmg Investments Llc $150,750
Closed Lmg Investments Llc $150,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $201,000 -8.6% $87 / Sq Ft
03/14/2024 03/14/24 For Sale $219,900 +9.4% $96 / Sq Ft
03/14/2024 03/14/24 Off Market $201,000 -- --
03/13/2024 03/13/24 For Sale $219,900 -- $96 / Sq Ft
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 $2,456 $194,100 $14,500 $179,600
2023 $3,889 $154,800 $13,400 $141,400
2022 $3,888 $154,800 $13,400 $141,400
2021 $3,762 $154,800 $13,400 $141,400
2020 $3,817 $154,800 $13,400 $141,400
2019 $3,893 $147,300 $10,700 $136,600
2018 $3,837 $147,300 $10,700 $136,600
2017 $3,702 $147,300 $10,700 $136,600
2016 $3,601 $147,300 $10,700 $136,600
2015 $3,692 $147,300 $10,700 $136,600
2014 $3,932 $164,500 $14,500 $150,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    RISE REAL ESTATE TEAM

    JONES REAL ESTATE GROUP

    (715) 680-0019

    169 Total Sales

    RISE REAL ESTATE TEAM
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    MAKENZI GALE

    JONES REAL ESTATE GROUP

    (715) 220-7910

    16 Total Sales

    MAKENZI GALE
    Section Image

  • S

    Buyer's Agent in 2024

    SCOTT WESSEL

    WISCONSIN REAL ESTATE CO. LLC

    (715) 572-4636

    119 Total Sales

    SCOTT WESSEL
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22400785

Central Wisconsin Multiple Listing Service

APN: 291-2807-011-0950

Wisconsin Marathon County Wausau 54403

1322 Prospect Ave Unit 1324, Wausau, WI

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