NOT LISTED FOR SALE

1703 Main St Unit 1 and 2 Bloomer, WI 54724

Estimated Value: $114,000 - $160,000

-- Bed
-- Bath
519 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $125,000 $241 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $813/month

115 Days on Market

Highlights

  • Home fronts a creek
  • Cooling Available
  • 3-minute walk to Witt Park
  • Deck
  • Baseboard Heating

About This Home

As of July 2024

Whether an investor or a homeowner seeking an income generated property, here is your opportunity! With two separate, occupied units this property allows you to benefit from immediate income. Both units are one bed, one bath - with unit one leased through 9/30/2024 and unit 2 currently leased through 2/28/2025. Total rents are $1295/month and owner pays only garbage. Conveniently located on South Main, these units ensure easy access to all the amenities of downtown Bloomer. Whether growing your portfolio or new to real estate investing, this is an excellent option. Intrigued? Come check them out at the open house on Saturday, March 9th from 9:00 AM - 1:00 PM!

Last Listed By

Melissa Seibel

RE/MAX Affiliates~Bloomer Brokerage Phone: 715-831-1488 License #76427-94 Listed on: 03/07/2024

RE/MAX Affiliates~Bloomer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1900

Lot Details

  • 0.52 Acre Lot
  • Home fronts a creek

Home Design

  • 519 Sq Ft Home
  • Duplex
  • Stone Foundation
  • Cement Siding

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 23009-0923-62460301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Hwy 53 to Bloomer exit toward town on 17th Ave(Hwy 40), right at stop sign. Property on the right
  • Lot Size: 0 x 0 x
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1900
  • Lot Size Acres: 0.52
  • Water Body Name: Duncan Creek
  • Attribution Contact: 715-831-1488
  • Co List Office Phone: 715-831-1488
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 519.0
  • Living Area: 519.0
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 250.0
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater

Exterior Features

  • Foundation Details: Stone, Cellar
  • Waterfront: Yes
  • Waterfront Features: Creek
  • Exclusions: Tenants Personal
  • Construction Type: Cement Siding
  • Patio And Porch Features: Deck

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Bloomer

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 23009-0923-62460301
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 923.53

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 11, 2024
Sold by
Knoepke Rentals Llc
Bought by
J2 Real Estate Llc
Seller's Agent
Melissa Seibel
RE/MAX Affiliates~Bloomer
Buyer's Agent
Katherine Lillie
Chippewa Valley Real Estate, LLC
List Price
$175,000
Sold Price
$125,000
Premium/Discount to List
-$50,000
-28.57%
Total Days on Market
115
Views
27
Current Estimated Value
$131,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,295
Avg. Annual Appreciation
0.41%

Purchase Details

Closed on
Apr 3, 2023
Sold by
Knoepke Joshua D
Bought by
Knoepke Rentals Llc A Wisconsin Limite

Purchase Details

Listed on
Jun 2, 2020
Closed on
Aug 6, 2020
Sold by
Randall Michael R and Randall Brenda K
Bought by
Knoepke Joshua D
Seller's Agent
Becky Jenneman
RE/MAX Affiliates~Bloomer
Buyer's Agent
Becky Jenneman
RE/MAX Affiliates~Bloomer
List Price
$89,000
Sold Price
$75,000
Premium/Discount to List
-$14,000
-15.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
May 10, 2011
Sold by
J & S Sales Of Chippewa Falls Llc
Bought by
Randall Michael R

Purchase Details

Closed on
Dec 28, 2009
Sold by
Thaler Steven M and Thaler John T
Bought by
J & S Sales Of Chippewa Falls Llc

Purchase Details

Closed on
May 6, 2008
Sold by
Thaler Ferne E
Bought by
Thaler Ferne E and Ferne E Thaler Trust 2002

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 Buyer Sale Price Title Company
J2 Real Estate Llc $125,000 Legends Title Services, Llc 2
Knoepke Rentals Llc A Wisconsin Limite $72,800 Richard J. Summerfield
Knoepke Joshua D $75,000 None Available
Randall Michael R $20,000 --
J & S Sales Of Chippewa Falls Llc -- None Available
Thaler Steven M -- None Available
Thaler Ferne E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randall Michael R $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $125,000 -7.4% $241 / Sq Ft
04/28/2024 04/28/24 Price Changed $135,000 -22.9% $260 / Sq Ft
03/07/2024 03/07/24 For Sale $175,000 +133.3% $337 / Sq Ft
08/06/2020 08/06/20 Sold $75,000 -15.7% $145 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $89,000 -- $171 / Sq Ft
Source: Northwestern 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 $980 $72,800 $5,300 $67,500
2023 $924 $72,800 $5,300 $67,500
2022 $902 $72,800 $5,300 $67,500
2021 $1,044 $72,800 $5,300 $67,500
2020 $705 $39,600 $4,700 $34,900
2019 $697 $39,600 $4,700 $34,900
2018 $461 $28,900 $4,700 $24,200
2017 $468 $28,900 $4,700 $24,200
2016 $467 $28,900 $4,700 $24,200
2015 $471 $28,900 $4,700 $24,200
2014 $462 $28,900 $4,700 $24,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1579861

Northwestern Wisconsin Multiple Listing Service

APN: 23009-0923-6246-0301