NOT LISTED FOR SALE

1601 Main St Stevens Point, WI 54481

Estimated Value: $189,000 - $243,000

6 Beds
2 Baths
-- Sq Ft
6,229 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $118,200

Est. 85% increase in value since last sale

Current estimated payment $1,158/month

Highlights

  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Bathroom on Main Level
  • Porch
  • Brick or Stone Mason
  • 2-minute walk to Standing Rock Park

About This Home

As of August 2020

Looking to add an investment property to your portfolio? This home is located on Main St just minutes from UWSP, downtown, shopping, and medical. Upper and lower units, licensed for 6 tenants. Leased through May of 2020 with a solid rental history. New forced air furnace in 2019, new metal roof in 2016. Tenants pay all utilities. A great opportunity to get started in the rental business.

Last Agent to Sell the Property

Fred Steffen

RE/MAX Central License #37840-90 Listed on: 11/06/2019

RE/MAX Central

Last Buyer's Agent

BRENDA YETKA

STEVENS POINT REALTY INC License #29368-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,229

Home Design

  • Duplex
  • Brick or Stone Mason
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Stone or Rock in Basement
  • Laundry in Basement

Parking

  • 1 Car Attached Garage
  • Outside Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Master Meter
  • 220 Volts in Kitchen
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Lot Dimensions are 50x125

Community Details

  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 2408.32.1020.27

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Age: 51+
  • Class: Multi-Family
  • Lvt Date: 11/08/2019
  • Municipality: Stevens Point, City of
  • Style: 1.5 Story
  • Type: Duplex
  • Year Built: 1920
  • Construction: Brick, Vinyl
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Range, Washer, Dryer
  • Basement: Yes
  • Interior: Ceiling Fan(s), Smoke Detector, Cable Hookup, Window Treatments, 220 Range Hookup
  • Basement Type: Lower Basement Laundry, Stone

Exterior Features

  • Roof: Metal
  • Patio Deck: Porch

Garage/Parking

  • Garage Capacity: 1
  • Parking: Off Street, Outside, Paved
  • Garage: Attached

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Meter (s)
  • Electricity: Master Meter
  • Gas: Master Meter
  • Laundry: Available On Site, Coin-Op Dryer, Coin-Op Washer

Schools

  • Stevens Pt Area Sch Dist: Stevens Point A
  • Stevens Pt School Elem: McKinley
  • Stevens Pt School Jr High: Ben Franklin

Lot Info

  • Barrier Free: First floor bedroom, First floor full bath
  • Lot Size: 50x125
  • Zoning: Multi-Family
  • Geo Address Line: 1601 Main St
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 15540

Tax Info

  • Tax Amount: 3420
  • Assessor Parcel Number: 2408.32.1020.27
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Aug 10, 2020
Sold by
Grubba Charles L and Mcgill Laurie
Bought by
Pankratz John Kimball and Minster Maura Rose
Seller's Agent
Fred Steffen
RE/MAX Central
Buyer's Agent
BRENDA YETKA
STEVENS POINT REALTY INC
List Price
$144,000
Sold Price
$118,200
Premium/Discount to List
-$25,800
-17.92%
Current Estimated Value
$218,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,391
Avg. Annual Appreciation
12.36%
Original Mortgage
$116,059
Outstanding Balance
$104,279
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$110,398
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
Pankratz John Kimball $118,200 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pankratz John Kimball $116,059
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $118,200 -12.4% --
05/28/2020 05/28/20 Price Changed $135,000 -2.9% --
04/08/2020 04/08/20 Price Changed $139,000 -3.5% --
11/06/2019 11/06/19 For Sale $144,000 -- --
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 $34 $187,700 $17,200 $170,500
2023 $0 $187,700 $17,200 $170,500
2022 $3,638 $150,000 $14,100 $135,900
2021 $3,517 $150,000 $14,100 $135,900
2020 $3,695 $150,000 $14,100 $135,900
2019 $3,671 $150,000 $14,100 $135,900
2018 $3,420 $150,000 $14,100 $135,900
2017 $3,282 $150,000 $14,100 $135,900
2016 $2,509 $102,900 $12,500 $90,400
2015 $2,523 $102,900 $12,500 $90,400
2014 $2,458 $102,900 $12,500 $90,400
Source: Public Records

Agents Affiliated with this Home

  • Fred Steffen

    Seller's Agent in 2020

    Fred Steffen

    RE/MAX

    (715) 344-2705

    6 in this area

    11 Total Sales

    Fred Steffen
    Section Image

  • B

    Buyer's Agent in 2020

    BRENDA YETKA

    STEVENS POINT REALTY INC

    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 21814091

Central Wisconsin Multiple Listing Service

APN: 281-24-0832102007

Wisconsin Portage County Stevens Point 54481

1601 Main St, Stevens Point, WI

This home is located at 1601 Main St, Stevens Point, WI 54481 since 06 November 2019 and is currently estimated at $218,591. This property was built in 1920. 1601 Main St is a home located in Portage County with nearby schools including Jefferson Elementary School, P.J. Jacobs Junior High School, and Stevens Point Area Senior 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.

Central 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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