NOT LISTED FOR SALE

1641 Main St Stevens Point, WI 54481

Estimated Value: $240,000 - $284,000

6 Beds
2 Baths
-- Sq Ft
9,365 Sq Ft Lot

Last Sold January 31, 2019

Last sale price $165,000

Est. 55% increase in value since last sale

Current estimated payment $1,357/month

Highlights

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

About This Home

As of January 2019

What a great opportunity on an investment with proven returns. Licensed for 6, this student rental has large bedrooms and shared communal space. Two full baths, on site laundry is contracted with Wash and Dry Laundry. Newer roof, vinyl siding, windows, and the furnace was replaced in 2014. Currently rents for $1680.00 per month. Tenants pay all utilities.

Last Agent to Sell the Property

Paul Leonard

KPR BROKERS, LLC License #81770-94 Listed on: 11/23/2018

Last Buyer's Agent

Paul Leonard

KPR BROKERS, LLC License #81770-94 Listed on: 11/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,284

Year Built

  • Built in 1915

Lot Details

  • 9,365

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Vinyl Construction Material
  • Stone

Interior Spaces

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

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 75x125

Community Details

  • Laundry Facilities
  • Net Operating Income $16,860

Listing and Financial Details

  • Assessor Parcel Number 281-24-0832102003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,284

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Age: 51+
  • Class: Multi-Family
  • Lvt Date: 11/26/2018
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Year Built: 1915
  • Construction: Vinyl, Concrete Block, Stone
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Patio Deck: Porch

Garage/Parking

  • Garage Capacity: 1

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
  • Utilities Sewer: x
  • Water: x

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: 75x125
  • Zoning: Multi-Family
  • Present Use: Student Rental
  • Geo Address Line: 1641 Main St
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 20,160

Tax Info

  • Tax Amount: 3,284
  • Assessor Parcel Number: 281-24-0832102003
  • Tax Year: 2017

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Schierl William G
Bought by
Ibex 1641 Main Street Llc
Current Estimated Value
$256,213

Purchase Details

Listed on
Nov 23, 2018
Closed on
Jan 31, 2019
Sold by
Igna Real Estate And Investments Llc
Bought by
Railside Farm Llc
Seller's Agent
Paul Leonard
KPR BROKERS, LLC
Buyer's Agent
Paul Leonard
KPR BROKERS, LLC
List Price
$168,500
Sold Price
$165,000
Premium/Discount to List
-$3,500
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$248,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2016
Sold by
Igna Real Estate And Investments Llc
Bought by
Karr'S Accommodating Rentals & Real Esta
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
Ibex 1641 Main Street Llc -- Anderson Obrien Law Firm
Schierl William G -- Anderson Obrien Law Firm
Railside Farm Llc $165,000 Midwest Title
Karr'S Accommodating Rentals & Real Esta $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Railside Farm Llc $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $165,000 -2.1% --
11/23/2018 11/23/18 For Sale $168,500 -- --
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 $47 $243,600 $25,800 $217,800
2023 $0 $243,600 $25,800 $217,800
2022 $3,829 $150,100 $17,900 $132,200
2021 $3,718 $150,100 $17,900 $132,200
2020 $3,697 $150,100 $17,900 $132,200
2019 $3,673 $150,100 $17,900 $132,200
2018 $3,422 $150,100 $17,900 $132,200
2017 $3,284 $150,100 $17,900 $132,200
2016 $3,321 $135,500 $14,900 $120,600
2015 $3,340 $135,500 $14,900 $120,600
2014 $3,253 $135,500 $14,900 $120,600
Source: Public Records

Agents Affiliated with this Home

  • Paul Leonard

    Seller's Agent in 2019

    Paul Leonard

    KPR BROKERS, LLC

    (715) 598-6367

    14 in this area

    26 Total Sales

    Paul Leonard
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1806955

Central Wisconsin Multiple Listing Service

APN: 281-24-0832102003

Wisconsin Portage County Stevens Point 54481

1641 Main St, Stevens Point, WI

This home is located at 1641 Main St, Stevens Point, WI 54481 since 23 November 2018 and is currently estimated at $256,213. This property was built in 1915. 1641 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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