NOT LISTED FOR SALE

1632 Pinewood Ln Hudson, WI 54016

Estimated Value: $844,654

8 Beds
4 Baths
2,140 Sq Ft
$395/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $825,000 $386 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,711/month

68 Days on Market

About This Home

As of March 2024

PINEWOOD APARTMENTS OFFERS AN INVESTOR A UNIQUE OPPORTUNITY TO TAKE OVER A THRIVING AIR BNB BUSINESS FOR THE PAST SEVERAL YEARS IN HUDSON, WI. ALL FOUR UNITS ARE LARGER 1,050+ SQFT TWO BEDROOM, AND ONE FULL BATHROOM WITH IN-UNIT LAUNDRY. THREE OF THE FOUR UNITS ARE SET UP AND FURNISHED FOR SHORT-TERM RENTALS. THE LAST UNIT CAN BE RENTED OR OWNER OCCUPIED AS THE OWNER CAN EITHER RENT IT BEFORE CLOSING OR LEAVE OPEN. THE 3 AIR BNB’S HAVE BEEN EXTENSIVELY RENOVATED WITH EVERYTHING NEW!! THE EXTERIOR HAS NEWER ROOFS ON THE BUILDING AND GARAGE, NEWER VINYL SIDING, NEWER PATIO DOORS AND ANDERSEN WINDOWS, AND NEWLY POURED CONCRETE PATHWAYS AND LANDSCAPE ROCK. THE CURRENT PROPERTY MANAGEMENT COULD STAY IN PLACE AND OFFER A CAP RATE OVER 7.05% OR A NEW OWNER COULD TAKE OVER MANAGEMENT AND INCREASE THE CAP RATE CLOSER TO 9.5%+ BY DOING IT THEMSELVES.

Last Agent to Sell the Property

Nathan Opatz

Apartment Cash Flow, Inc. Listed on: 11/28/2023

Last Buyer's Agent

Matthew Wright

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,413

Year Built

  • Built in 1980

Lot Details

  • 0.25

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,140 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 50 x 120
  • Baseboard Heating

Community Details

  • 4 Units
  • Pinewood Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, repairs, taxes, trash collection
  • Assessor Parcel Number 236176402000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,413

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 2140
  • Water Sewer Expenses: 1500
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 2140
  • Owner Pays: Insurance, Repairs, Taxes, Trash Collection
  • Basement YN: No
  • Appliances: Dishwasher,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age 8 Years or Less
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio

Garage/Parking

  • Garage Square Feet: 400

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric
  • Number of Ranges: One Per Unit

Schools

  • Junior High Dist: Hudson
  • SchoolDistrictNumber: 2611
  • SchoolDistrictPhone: 715-377-3700

Lot Info

  • Lot Size: 50 x 120
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 11812.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 236176402000
  • Tax Annual Amount: 5413
  • TaxWithAssessments: 5413.0000

Multi Family

  • TenantPays: All Utilities
  • Number Of Refrigerators: One Per Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Feb 23, 2024
Sold by
Wilson Properties Group Llc
Bought by
Aio Living Trust
Seller's Agent
Nathan Opatz
Apartment Cash Flow, Inc.
Buyer's Agent
Matthew Wright
eXp Realty
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Views
132
Current Estimated Value
$844,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,654
Avg. Annual Appreciation
-0.01%
Original Mortgage
$660,000
Outstanding Balance
$652,182
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$172,740

Purchase Details

Closed on
Nov 14, 2019
Sold by
Hauschildt Todd S
Bought by
Wilson Properties Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2019
Sold by
Hauschildt Cortney L
Bought by
Hauschildt Todd S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aio Living Trust $825,000 Burnet Title
Wilson Properties Group Llc $635,000 Burnet Title
Hauschildt Todd S -- Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aio Living Trust $660,000
Previous Owner Wilson Properties Group Llc $450,000
Previous Owner Wilson Properties Group Llc $440,000
Previous Owner Wilson Properties Group Llc $508,000
Previous Owner Hauschildt Todd S $182,500
Previous Owner Hauschildt Todd S $188,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $825,000 -2.9% $386 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $850,000 -- $397 / Sq Ft
Source: NorthstarMLS

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 $57 $317,600 $58,900 $258,700
2023 $5,413 $317,600 $58,900 $258,700
2022 $5,082 $317,600 $58,900 $258,700
2021 $5,091 $317,600 $58,900 $258,700
2020 $3,849 $317,600 $58,900 $258,700
2019 $5,242 $184,700 $50,500 $134,200
2018 $5,991 $184,700 $50,500 $134,200
2017 $5,545 $184,700 $50,500 $134,200
2016 $5,545 $184,700 $50,500 $134,200
2015 $4,850 $184,700 $50,500 $134,200
2014 $3,724 $184,700 $50,500 $134,200
2013 $3,737 $184,700 $50,500 $134,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6464093

NorthstarMLS

APN: 236-1764-02-000