NOT LISTED FOR SALE

1607 7th St E Unit 1 Menomonie, WI 54751

Estimated Value: $185,000 - $212,000

-- Bed
-- Bath
1,272 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $108,500 $85 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,264/month

92 Days on Market

Highlights

  • Enclosed patio or porch
  • Forced Air Heating System
  • 3-minute walk to Menomonie Recreation Department
  • Cooling Available

About This Home

As of January 2022

Great investment opportunity! This cash-flowing student rental property is located just blocks from both UW Stout and shopping, making it a desirable place for renters to live. The property is currently rented for $1,200 per month thru May 2022. Enjoy many hardwood floors, a great layout, and nice sized rooms. Laundry in unit. The solid 2 car garage is a great bonus - rent it for additional income or use it for storage!

Last Agent to Sell the Property

Timothy Nelson

American Edge Real Estate License #84801-94 Listed on: 09/30/2021

Last Buyer's Agent

Timothy Nelson

American Edge Real Estate License #84801-94 Listed on: 09/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,518

Year Built

  • Built in 1940

Lot Details

  • 8,712

Parking

  • Driveway

Home Design

  • Block Foundation
  • Stucco

Interior Spaces

  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Microwave,Sellers Personal,Tenants Personal
  • Assessor Parcel Number 1725122813351300057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,518

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Head south on 9th St E and go past Dick's Fresh Market. Turn right 16th Ave E. Turn left on 7th St E. Home is on right. Look for agent sign.
  • Lot Size: 120 x 60 x
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1940
  • Lot Size Acres: 0.2
  • Co List Office Phone: 715-831-1488
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1054.0
  • Reso Fireplace Features: None
  • Living Area: 1272.0
  • General Property Information Below Grade Unfinished Area: 566.0
  • Special Features: None

Interior Features

  • Has Basement: Egress Windows, Full, Partially Finished
  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Below Grade Sq Ft: 218.0
  • Fireplace: No

Exterior Features

  • Foundation Details: Block
  • Waterfront: No
  • Exclusions: Microwave,Sellers Personal,Tenants Personal
  • Construction Type: Stucco
  • Other Structures: None
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Menomonie

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 1725122813351300057
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2518.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Schroeder Vince and Ma Lina
Bought by
Giedd Jackie J
Total Days on Market
92
Current Estimated Value
$196,857

Purchase Details

Listed on
Sep 30, 2021
Closed on
Jan 27, 2022
Sold by
Levis Rentals 8 Llc
Bought by
Vince Schroeder
Seller's Agent
Timothy Nelson
American Edge Real Estate
Buyer's Agent
Timothy Nelson
American Edge Real Estate
List Price
$127,000
Sold Price
$108,500
Premium/Discount to List
-$18,500
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.51%

Purchase Details

Closed on
Jun 3, 2020
Sold by
Levis Michael B
Bought by
Levis Rentals 8 Llc

Purchase Details

Closed on
Dec 9, 2019
Sold by
Peter Larson
Bought by
Levis Michael B
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
Giedd Jackie J $190,000 Legends Title Services, Llc 2
Vince Schroeder $108,500 Dunn County Title Services, In
Levis Rentals 8 Llc $96,000 --
Levis Rentals 8 Llc $96,000 --
Levis Michael B $96,000 Westconsin Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levis Rentals 8 Llc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $108,500 -14.6% $85 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
09/30/2021 09/30/21 For Sale $127,000 -- $100 / 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 $2,626 $131,200 $16,000 $115,200
2023 $2,521 $131,200 $16,000 $115,200
2022 $2,406 $131,200 $16,000 $115,200
2021 $2,524 $131,200 $16,000 $115,200
2020 $2,518 $99,400 $13,700 $85,700
2019 $2,365 $99,400 $13,700 $85,700
2018 $2,315 $99,400 $13,700 $85,700
2017 $2,409 $99,400 $13,700 $85,700
2016 $2,358 $99,400 $13,700 $85,700
2015 $2,360 $99,400 $13,700 $85,700
2014 $2,394 $99,400 $13,700 $85,700
2013 $2,422 $99,400 $13,700 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1558860

Northwestern Wisconsin Multiple Listing Service

APN: 1725122813351300057