NOT LISTED FOR SALE

1625 Main St Stevens Point, WI 54481

Estimated Value: $228,000 - $293,013

2 Beds
6 Baths
1,967 Sq Ft
$135/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $240,000 $122 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,480/month

17 Days on Market

Highlights

  • Porch
  • Utility Room
  • Vinyl Flooring
  • Forced Air Heating System
  • Coin Laundry
  • 1-minute walk to Standing Rock Park

About This Home

As of July 2021

Rare opportunity to own a 6 unit apartment building near downtown Stevens Point. Fantastic rental history and minimal upkeep in this well-located building. There have been numerous updates over the past 5 years, with constant improvements to the functionality of the building and quality of the units. Excellent cash flow.

Last Agent to Sell the Property

Ryan Cordy

PRISM REAL ESTATE License #79497-94 Listed on: 06/21/2021

Co-Listed By

Pam Skaleski

PRISM REAL ESTATE License #50809-90

Last Buyer's Agent

Ryan Cordy

PRISM REAL ESTATE License #79497-94 Listed on: 06/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,713

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Shingle Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Utility Room
  • Vinyl Flooring
  • Range
  • Basement

Parking

  • Unpaved Parking
  • Parking Lot
  • Outside Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Master Meter
  • Natural Gas Water Heater

Community Details

  • 6 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 240832102005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,713

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 06/22/2021
  • Municipality: Stevens Point, City of
  • Style: 1.5 Story
  • Type: Sixplex
  • Year Built: 1915
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 832
  • Finished Above Grade Sq Ft: 1967
  • Finished Below Grade Sq Ft: 416
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

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

Exterior Features

  • Roof: Shingle, Metal
  • Patio Deck: Porch

Garage/Parking

  • Parking: Outside, Parking Lot, Unpaved

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
  • Electricity Included: Y
  • Utilities Heat Included: Y

Schools

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

Lot Info

  • Acreage: .14
  • Lot Size: 50x125
  • Zoning: Multi-Family
  • Present Use: 6 plex
  • Geo Address Line: 1625 Main St
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 33,900

Tax Info

  • Tax Amount: 3713
  • Assessor Parcel Number: 240832102005
  • Tax Year: 2020

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 30, 2021
Sold by
Goodpoint Properties Llc
Bought by
Werth Company Llc
Seller's Agent
Ryan Cordy
PRISM REAL ESTATE
Buyer's Agent
Ryan Cordy
PRISM REAL ESTATE
List Price
$2,499,900
Sold Price
$240,000
Premium/Discount to List
-$2,259,900
-90.4%
Total Days on Market
17
Current Estimated Value
$265,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,003
Avg. Annual Appreciation
-0.50%

Purchase Details

Listed on
Jan 29, 2015
Closed on
Aug 31, 2015
Sold by
Goodpoint Properties Llc
Bought by
Rural Estates, Llc
Seller's Agent
Noah Eschenbauch
HOMEPOINT REAL ESTATE LLC
Buyer's Agent
NEAL NEALIS
FIRST WEBER
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
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
Werth Company Llc $240,000 Mcdonald Law Offices
Rural Estates, Llc $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodpoint Properties Llc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $240,000 -4.0% $122 / Sq Ft
06/22/2021 06/22/21 Price Changed $249,900 -90.0% $127 / Sq Ft
06/21/2021 06/21/21 For Sale $2,499,900 +1686.9% $1,271 / Sq Ft
08/31/2015 08/31/15 Sold $139,900 0.0% --
06/29/2015 06/29/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $139,900 -- --
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 $40 $207,400 $17,200 $190,200
2023 $0 $207,400 $17,200 $190,200
2022 $3,844 $150,700 $14,100 $136,600
2021 $3,733 $150,700 $14,100 $136,600
2020 $3,712 $150,700 $14,100 $136,600
2019 $3,688 $150,700 $14,100 $136,600
2018 $3,436 $150,700 $14,100 $136,600
2017 $3,297 $150,700 $14,100 $136,600
2016 $2,930 $119,800 $12,500 $107,300
2015 $2,946 $119,800 $12,500 $107,300
2014 $3,568 $119,800 $12,500 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22103243

Central Wisconsin Multiple Listing Service

APN: 281-24-0832102005