NOT LISTED FOR SALE

1405 Park Ave Unit 1-3 Eau Claire, WI 54701

Third Ward Neighborhood

Estimated Value: $458,285

7 Beds
5 Baths
3,948 Sq Ft
$116/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $450,000 $114 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,197/month

48 Days on Market

Highlights

  • Wood Siding
  • Memorial High School Rated A
  • Radiant Heating System

About This Home

As of February 2024

Student Tri-Plex for sale!! This multi-family home is three units, with one unit on each level. Many updates include: new exterior paint, metal roof, newer furnace, updated kitchens, and new windows. Many other cosmetic updates have been done on the inside of this home. Current rents total $3750/month. More income can be generated through the coin laundry in the basement and the three car garage that is currently owner used. Owner pays heat and electricity at $416.27/month, water at $106.67/month, and trash at $19.35/month.

Last Agent to Sell the Property

Todd Schwartz

Chippewa Valley Real Estate, LLC Brokerage Phone: 715-514-5440 License #58079-90 Listed on: 11/22/2023

Last Buyer's Agent

Todd Schwartz

Chippewa Valley Real Estate, LLC Brokerage Phone: 715-514-5440 License #58079-90 Listed on: 11/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,980

Year Built

  • Built in 1905

Lot Details

  • 10,010 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Triplex
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 3,948 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Radiant Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 18221-2-270920-001-2037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,980

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Directions: Water street to south on Park.
  • Lot Size: 100 x 100 x
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1905
  • Lot Size Acres: 0.2298
  • Attribution Contact: 715-514-5440
  • Co List Office Phone: 715-514-5440
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3948.0
  • Living Area: 3948.0
  • Property Sub Type Additional: Triplex
  • General Property Information Below Grade Unfinished Area: 1618.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Stone
  • Waterfront: No
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Concrete, Driveway

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: 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: 18221-2-270920-001-2037
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6980.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Feb 7, 2024
Sold by
Lc Falkner Llc
Bought by
Northridge Creek Llc
Seller's Agent
Todd Schwartz
Chippewa Valley Real Estate, LLC
Buyer's Agent
Todd Schwartz
Chippewa Valley Real Estate, LLC
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$458,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,285
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Aug 29, 2006
Sold by
Falkner Craig R and Falkner Elizabeth L
Bought by
Lc Falkner Llc

Purchase Details

Closed on
Feb 25, 2005
Sold by
Nowak Dennis and Daniels Mary
Bought by
Falkner Craig R and Falkner Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.71%
Mortgage Type
Commercial
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
Northridge Creek Llc $450,000 --
Lc Falkner Llc -- None Available
Falkner Craig R $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falkner Craig R $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $450,000 -5.3% $114 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
11/22/2023 11/22/23 For Sale $475,000 -- $120 / 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 $7,849 $394,900 $35,900 $359,000
2023 $7,183 $394,900 $35,900 $359,000
2022 $6,980 $394,900 $35,900 $359,000
2021 $6,850 $394,900 $35,900 $359,000
2020 $6,011 $303,100 $42,500 $260,600
2019 $6,043 $303,100 $42,500 $260,600
2018 $5,924 $303,100 $42,500 $260,600
2017 $6,162 $272,000 $41,300 $230,700
2016 $6,202 $272,000 $41,300 $230,700
2014 -- $272,000 $41,300 $230,700
2013 -- $272,000 $41,300 $230,700
Source: Public Records

Agents Affiliated with this Home

  • Todd Schwartz

    Seller's Agent in 2024

    Todd Schwartz

    Chippewa Valley Real Estate, LLC

    (715) 836-8080

    12 in this area

    199 Total Sales

    Todd Schwartz
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1578412

Northwestern Wisconsin Multiple Listing Service

APN: 03-0489

Wisconsin Eau Claire County Eau Claire 54701 Third Ward

1405 Park Ave Unit 1-3, Eau Claire, WI

This home is located at 1405 Park Ave Unit 1-3, Eau Claire, WI 54701 since 22 November 2023 and is currently estimated at $458,285, approximately $116 per square foot. This property was built in 1905. 1405 Park Ave Unit 1-3 is a home located in Eau Claire County with nearby schools including Lakeshore Elementary School, Delong Middle School, and Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwestern Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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