NOT LISTED FOR SALE

1702 N 3rd St Wausau, WI 54403

Estimated Value: $159,000 - $283,171

6 Beds
2 Baths
2,304 Sq Ft
$85/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $147,750 $64 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,181/month

3 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Air Conditioning
  • East High School Rated A-
  • Porch
  • Patio

About This Home

As of February 2024

Fully Rented Up/Down Duplex located on the East Side of Wausau located within walking distance to the River District walk way with many amenities close by. Tenants are currently month to month so this would be a great investment to keep fully rented or buy as an owner occupied and keep one of the tenants to make your mortgage payment. Both units are 3 bedroom and one bath units with approximately 1152 sq ft each, both including the refrigerators and ranges that are currently there. There is common area storage in the basement with 2 separate washer and dryer areas, landlord pays for water and sewer while the tenants pay for their own gas and electric. There is also a 2-car detached garage that is split in half for individual units. The garage needs a little work but is usable. Do not miss out on a hard-to-find investment property on the East side.

Last Agent to Sell the Property

Paul Knoblock

COLDWELL BANKER ACTION License #56226-90 Listed on: 02/06/2024

COLDWELL BANKER ACTION

Last Buyer's Agent

Megan Geissler

KPR BROKERS, LLC License #87134-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 51x114
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Main Floor Bedroom
  • 2,304 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Utility Room
  • Carpet
  • Fire and Smoke Detector
  • Range

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Common or Shared Parking
  • Driveway Level

Outdoor Features

  • Patio
  • Porch

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 291 2907 252 0232

Community Details

Overview

  • 2 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,818

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 02/07/2024
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Duplex
  • Year Built: 1910
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 1152
  • Finished Above Grade Sq Ft: 2304
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Interior: Ceiling Fan(s), Smoke Detector, Carpet, Common Storage Area
  • Basement Type: Full, Stone

Exterior Features

  • Roof: Shingle
  • Patio Deck: Patio, Porch

Garage/Parking

  • Garage Capacity: 2
  • Parking: Concrete, Extra Space Available, Paved, Shared
  • Garage: Detached

Utilities

  • Cooling: Wall A/C
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: No Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Available On Site
  • Sewer Included: Y
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: Y
  • Water: Y
  • Water Included: Y

Schools

  • School District: Wausau East
  • Wausau Area School Dist: Wausau East

Lot Info

  • Barrier Free: First floor bedroom, Level drive, Level lot
  • Lot Size: 51x114
  • Zoning: Residential
  • Geo Address Line: 1702 N 3rd St
  • Geo Primary City: Wausau
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Tax Amount: $2,597
  • Assessor Parcel Number: 291 2907 252 0232
  • Tax Year: 2023

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Feb 23, 2024
Sold by
Merriam Enterprises Llc
Bought by
Fortress Rentals Llc
Seller's Agent
Paul Knoblock
COLDWELL BANKER ACTION
Buyer's Agent
Megan Geissler
KPR BROKERS, LLC
List Price
$149,900
Sold Price
$147,750
Premium/Discount to List
-$2,150
-1.43%
Views
45
Current Estimated Value
$196,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,293
Avg. Annual Appreciation
18.33%

Purchase Details

Closed on
Sep 28, 2016
Sold by
Fochs Debra J and Fochs Debra
Bought by
Merriam Enterprises Llc
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
Fortress Rentals Llc $147,800 Runkel Abstract & Title
Merriam Enterprises Llc $270,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $147,750 -1.4% $64 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $149,900 -- $65 / Sq Ft
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 $1,818 $144,500 $14,300 $130,200
2023 $2,597 $104,400 $13,800 $90,600
2022 $2,596 $104,400 $13,800 $90,600
2021 $2,512 $104,400 $13,800 $90,600
2020 $2,550 $104,400 $13,800 $90,600
2019 $2,548 $97,400 $12,000 $85,400
2018 $2,511 $97,400 $12,000 $85,400
2017 $2,423 $97,400 $12,000 $85,400
2016 $2,356 $97,400 $12,000 $85,400
2015 $2,416 $97,400 $12,000 $85,400
2014 $2,338 $99,000 $15,100 $83,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22400256

Central Wisconsin Multiple Listing Service

APN: 291-2907-252-0232