NOT LISTED FOR SALE

1400 Division St Algoma, WI 54201

Estimated Value: $535,118

8 Beds
4 Baths
7,200 Sq Ft
$74/Sq Ft Est. Value

Last Sold July 12, 2019

Last sale price $349,800 $49 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,239/month

About This Home

As of July 2019

Two 4-plex apartment buildings, plus 1 lot available as one purchase. Three separate tax parcel numbers including, 201-00050-1685 and 201-00050-1690. Same floor plan for each unit--two bedroom, 1 bath, kitchen, Living room. Coin-operated washer & dryer in basement. Each unit has a storage bin in basement. Paved parking lot with tandem parking for two vehicles. Water, sewer, heat included in rent--each unit has its own thermostat. Ground maintenance and snow removal included in rent. Excellent rental history. Private Remarks: Financials available to interested Buyers.

Last Agent to Sell the Property

Paul Dreutzer

ERA Starr Realty License #90-47589 Listed on: 03/26/2019

Last Buyer's Agent

Elysia Diaz

Elysian Realty, LLC License #90-57383

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,876

Year Built

  • 1978

Lot Details

  • 0.7

Parking

  • 16 Parking Spaces

Home Design

  • Block Foundation
  • Cedar Shake Siding

Interior Spaces

  • 7,200 Sq Ft Home
  • 2-Story Property

Additional Features

  • 0.7 Acre Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,876

Year Built

1978

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: 2 Story, 2 Up and Down
  • Tax Municipality: Algoma, City of
  • Total Units: 8
  • Unit Identifier: City of Algoma
  • Remarks Public: Two 4-plex apartment buildings, plus 1 lot available as one purchase. Three separate tax parcel numbers including, 201-00050-1685 and 201-00050-1690. Same floor plan for each unit--two bedroom, 1 bath, kitchen, Living room. Coin-operated washer & dryer in basement. Each unit has a storage bin in basement. Paved parking lot with tandem parking for two vehicles. Water, sewer, heat included in rent--each unit has its own thermostat. Ground maintenance and snow removal included in rent. Excellent rental history. Private Remarks: Financials available to interested Buyers.
  • Tax Municipal Sub Area: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1978

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 7200
  • Sq Ft Total Fin Above And Below: 7200
  • Price Per Sq Ft: 48.58

Exterior Features

  • Exterior Finish Of Building: Wood/Wood Shake/Cedar
  • Foundation For Building: Block

Garage/Parking

  • Number of Car Spaces: 12x21
  • Number Of Total Parking Outside: 16
  • Building Parking: Outside

Utilities

  • Heating Fuel Type: Natural Gas
  • Number Of Furnaces: 8
  • Number of Ranges: 8
  • Number Of Water Heaters: 8
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1978

Schools

  • School District: Algoma

Lot Info

  • Estimated Acres: 0.7
  • Flood Plain: Unknown
  • Zoning: Commercial
  • Geo Address Line: 1400 Division St
  • Geo Primary City: Algoma
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 201-00050-1680
  • Tax Net Amt: 5876.3
  • Tax Year: 2018

Multi Family

  • Number Of Dryers: 2
  • Number Of Refrigerators: 8
  • Number Of Washers: 2
  • Total Numberof Buildings: 2
  • Bedrooms: 2

MLS Schools

  • School District: Algoma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Hurley Kevin T
Bought by
Ban Properties Llc
Current Estimated Value
$535,118

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jul 12, 2019
Sold by
Femling Norman J
Bought by
Hurley Kevin T
Seller's Agent
Paul Dreutzer
ERA Starr Realty
Buyer's Agent
Elysia Diaz
Elysian Realty, LLC
List Price
$349,800
Sold Price
$349,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Feb 28, 2006
Sold by
Weisheipl Gregory J and Weisheipl Sandra L
Bought by
Perrizo Femling Norman J and Perrizo Ann M
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
Ban Properties Llc $400,000 Amber Johnson
Hurley Kevin T $169,000 --
Perrizo Femling Norman J $117,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2019 07/12/19 Sold $349,800 0.0% $49 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $349,800 -- $49 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $4,818 $282,100 $25,700 $256,400
2023 $4,219 $187,700 $11,100 $176,600
2022 $4,108 $187,700 $11,100 $176,600
2021 $3,115 $102,400 $12,800 $89,600
2020 $3,053 $102,400 $12,800 $89,600
2019 $2,921 $102,400 $12,800 $89,600
2018 $2,822 $102,400 $12,800 $89,600
2017 $2,810 $102,400 $12,800 $89,600
2016 $2,664 $102,400 $12,800 $89,600
2015 $2,770 $102,400 $12,800 $89,600
2014 $2,770 $102,400 $12,800 $89,600
2013 $2,742 $102,400 $12,800 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50199997

REALTORS® Association of Northeast Wisconsin

APN: 201-00050-1680