NOT LISTED FOR SALE

1601 E 10th St Merrill, WI 54452

Estimated Value: $1,346,478

-- Bed
-- Bath
-- Sq Ft
0.77 Acres

Last Sold February 18, 2022

Last sale price $1,100,000

Est. 22% increase in value since last sale

Current estimated payment $9,033/month

40 Days on Market

Highlights

  • Brick or Stone Mason
  • Laundry Facilities
  • Vinyl Flooring
  • Hot Water Heating System

About This Home

As of February 2022

Listing Broker is a principal in the selling entity. 19 Unit with convenient parking and access to I-39, schools, food and more. Property includes 5x Studio Apts, 9x 1 Bedroom Apts and 5x 2 bedroom Apts. Electric is paid by tenants - pro forma with rent roll in associated docs. Apts have been updated with new lux vinyl flooring, paint as well as the common areas. Many units have new bathroom vanities, shower units and toilets. *Age of building is estimated

Last Listed By

Owen Jones

JONES REAL ESTATE GROUP License #57904-90 Listed on: 11/11/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,817

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 280x120

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Range
  • Basement

Parking

  • Paved Parking
  • Parking Lot

Utilities

  • Hot Water Heating System
  • Separate Meters

Community Details

  • 19 Units
  • Laundry Facilities
  • Net Operating Income $75

Listing and Financial Details

  • Assessor Parcel Number 251-3106-121-0246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,817

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Additional Remarks: Directions - US 51, WI 17/64 Exit, turn left on 17/64, then right onto S. Sales St., then left onto E 10th. St. to property on left.
  • Class: Multi-Family
  • Lvt Date: 11/12/2021
  • Municipality: Merrill, City of
  • Style: 3 Story
  • Type: Complex
  • Year Built: 1960
  • Construction: Brick
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Interior: Smoke Detector, Vinyl Floors

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Parking: Gravel, Parking Lot

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Hot Water
  • Sewer Water: Pb Sewer/Pb Water
  • Electricity: Separate Meter
  • Laundry: Common Laundry Area
  • Utilities Heat Included: Y

Lot Info

  • Lot Size: 280x120
  • Present Use: Apartments
  • Geo Address Line: 1601 E 10th St
  • Geo Primary City: Merrill
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: $118776

Tax Info

  • Assessor Parcel Number: 251-3106-121-0246

Multi Family

  • Number Of Units: 19

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

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $1,100,000 -8.3% --
11/11/2021 11/11/21 For Sale $1,200,000 +110.5% --
08/30/2019 08/30/19 Sold $570,000 -6.5% --
08/09/2019 08/09/19 For Sale $609,900 0.0% --
07/19/2019 07/19/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $609,900 +20.8% --
10/17/2016 10/17/16 Sold $505,000 -15.7% --
09/15/2016 09/15/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $599,000 -- --
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 $18,817 $984,700 $39,000 $945,700
2023 $13,975 $432,400 $39,000 $393,400
2022 $12,662 $432,400 $39,000 $393,400
2021 $13,455 $432,400 $39,000 $393,400
2020 $13,442 $432,400 $39,000 $393,400
2019 $13,294 $432,400 $39,000 $393,400
2018 $13,606 $447,900 $39,000 $408,900
2017 $12,824 $447,900 $39,000 $408,900
2016 $12,332 $447,900 $39,000 $408,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22106396

Central Wisconsin Multiple Listing Service

APN: 251-3106-121-0246