$182,500
SOLD OCT 8, 2014

1616 Main St Stevens Point, WI 54481

8 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Recently Sold

4% Below List Price

16 Days on Market

Highlights

  • Forced Air Heating System
  • Laundry Facilities
  • 1-minute walk to Standing Rock Park

About This Home

As of December 2022

Opportunity Knocks! Student housing licensed for 8 close to campus. This nearly 2000 sq ft house has 8 Bedrooms & 2 Baths. Located between campus & downtown. Property has consistently grossed $2000.00per month in rents for the past 6 years.

Last Agent to Sell the Property

Mike Yokers

FIRST WEBER License #34570-90 Listed on: 08/21/2014

FIRST WEBER

Last Buyer's Agent

Noah Eschenbauch

HOMEPOINT REAL ESTATE LLC License #61371-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,327

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x132

Home Design

  • Shingle Roof
  • Metal Construction or Metal Frame

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Range
  • Basement

Utilities

  • Forced Air Heating System
  • Master Meter
  • Natural Gas Water Heater
  • Public Septic
  • Cable TV Available

Community Details

  • Laundry Facilities
  • Net Operating Income $19,500

Listing and Financial Details

  • Assessor Parcel Number 240832101911

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,327

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Remarks: Don't miss out on this high demand & hard to find student housing opportunity.
  • Age: 51+
  • Class: Multi-Family
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Year Built: 1900
  • Construction: Wood, Metal
  • Dilhcert: Y
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Interior: Smoke Detector, Cable Hookup

Exterior Features

  • Roof: Shingle

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Septic Type: Public
  • Water: Meter (s)
  • Electricity: Master Meter
  • Gas: Master Meter
  • Laundry: Available On Site

Condo/Co-op/Association

  • Amenities: Smoke Detectors

Schools

  • Stevens Pt Area Sch Dist: Stevens Point A
  • Stevens Pt School Elem: Madison
  • Stevens Pt School Jr High: P.J. Jacobs

Lot Info

  • Lot Size: 50x132
  • Zoning: Multi-Family
  • Present Use: Student Housing
  • Geo Address Line: 1616 Main St
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Secondary City: Portage Co.
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 24,400

Tax Info

  • Tax Amount: 3327
  • Assessor Parcel Number: 240832101911
  • Tax Year: 2013

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
San Dha Main Street Properties Llc
Bought by
Gunn Residential Llc
Current Estimated Value
$286,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$230,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$52,561

Purchase Details

Closed on
Oct 18, 2024
Sold by
San Dha Properties Llc
Bought by
San Dha Main Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 10, 2024
Sold by
Sandhu Manprabodh Singh and Dhalla Hardeep Kaur
Bought by
San Dha Properties Llc

Purchase Details

Listed on
Nov 8, 2022
Closed on
Dec 9, 2022
Sold by
Isberner Kenneth H
Bought by
Sandhu Manprabodh Singh
Seller's Agent
Natalie Aneskavich
LAKELAND REAL ESTATE LLC
Buyer's Agent
Ashley Netzer
HOMEPOINT REAL ESTATE LLC
List Price
$234,900
Sold Price
$240,000
Premium/Discount to List
$5,100
2.17%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$192,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2019
Sold by
Acorn Tree Properties Llc
Bought by
Isberner Kenneth H

Purchase Details

Closed on
Oct 10, 2019
Sold by
Isberner Kenneth H
Bought by
Acorn Tree Properties Llc

Purchase Details

Listed on
Aug 21, 2014
Closed on
Oct 8, 2014
Sold by
Gaboda Anthony M And Rebecca Anthony M And Rebecca and Gaboda Rebecca Anthony M
Bought by
1616 Main Street, Llc
Seller's Agent
Mike Yokers
FIRST WEBER
Buyer's Agent
Noah Eschenbauch
HOMEPOINT REAL ESTATE LLC
List Price
$189,900
Sold Price
$182,500
Premium/Discount to List
-$7,400
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
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 Type Sale Price Title Company
Warranty Deed $260,000 Gowey Abstract & Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $240,000 Guaranty Title
Quit Claim Deed -- Mcdonald Law Office
Quit Claim Deed -- Lauterbach Michael J
Warranty Deed $182,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $192,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $240,000 +2.2% $121 / Sq Ft
11/08/2022 11/08/22 For Sale $234,900 +14.6% $118 / Sq Ft
06/19/2018 06/19/18 Sold $205,000 -2.3% --
04/20/2018 04/20/18 For Sale $209,900 +15.0% --
10/08/2014 10/08/14 Sold $182,500 -3.9% --
09/06/2014 09/06/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $189,900 -- --
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 $52 $271,600 $18,200 $253,400
2023 $0 $271,600 $18,200 $253,400
2022 $4,629 $181,000 $14,900 $166,100
2021 $4,495 $181,000 $14,900 $166,100
2020 $4,471 $181,000 $14,900 $166,100
2019 $4,442 $181,000 $14,900 $166,100
2018 $4,139 $181,000 $14,900 $166,100
2017 $3,971 $181,000 $14,900 $166,100
2016 $3,291 $134,300 $13,100 $121,200
2015 $3,310 $134,300 $13,100 $121,200
2014 $3,224 $134,300 $13,100 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1405542

Central Wisconsin Multiple Listing Service

APN: 281-24-0832101911