NOT LISTED FOR SALE

1787 108th St Unit 3 Balsam Lake, WI 54810

Estimated Value: $299,000 - $414,000

-- Bed
-- Bath
2,016 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $280,000 $139 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,182/month

14 Days on Market

About This Home

As of March 2022

Great opportunity to own an income producing property with very little maintenance. A total of three rental units are located on the property. Each unit is its own freestanding 28x24 structure with 2 bedrooms and one bath. Open kitchen/living area with vaulted ceilings. Units have maintained steady occupancy for consistent income. Buy them as an investment or live in one while the others cover your payment. The three acre lot has potential for expansion as well. Schedule a showing today!

Last Agent to Sell the Property

Michael Carlson

Edina Realty, Corp. - St Croix Falls License #79425-94 Listed on: 02/14/2022

Edina Realty, Corp. - St Croix Falls

Last Buyer's Agent

Jackson Rohde

eXp Realty LLC License #83710-94

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 2000

Lot Details

  • 3.04 Acre Lot

Parking

  • Driveway

Home Design

  • 2,016 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Stucco

Kitchen

  • Oven
  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Baseboard Heating
  • Shared Well
  • Drilled Well

Listing and Financial Details

  • Assessor Parcel Number 004001250001

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $6,800
  • Water Sewer Expense $1,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,425

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Directions: Take Cty Rd I East out of Balsam Lake. Properties will be on the left side of road.
  • Lot Size: 180 x 729 x
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 2000
  • Lot Size Acres: 3.04
  • Co List Office Phone: 715-483-3833
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2016.0
  • Reso Fireplace Features: None
  • Living Area: 2016.0
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Fireplace: No

Exterior Features

  • Foundation Details: Other, See Remarks, Slab
  • Waterfront: No
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Sewer: Holding Tank, Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Drilled Well, Shared Well

Fee Information

  • Annual Water Sewer Expense: 1350.0

Schools

  • Junior High Dist: Unity

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 004001250001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2425.0

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 6800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 28, 2022
Sold by
Traynor and Jill
Bought by
Yew Acres Llc
Seller's Agent
Michael Carlson
Edina Realty, Corp. - St Croix Falls
Buyer's Agent
Jackson Rohde
eXp Realty LLC
List Price
$269,000
Sold Price
$280,000
Premium/Discount to List
$11,000
4.09%
Current Estimated Value
$358,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,879
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Aug 3, 2005
Sold by
Gurtner Duane and Gurtner Marilyn
Bought by
Traynor Jeff and Traynor Jill
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
Yew Acres Llc $280,000 Polk County Abstract
Traynor Jeff $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Traynor Jeffrey R $230,227
Closed Traynor Jeff $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $280,000 +4.1% $139 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $269,000 -- $133 / 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 $2,711 $229,500 $25,200 $204,300
2023 $2,626 $229,500 $25,200 $204,300
2022 $2,598 $229,500 $25,200 $204,300
2021 $2,424 $142,600 $22,000 $120,600
2020 $2,393 $142,600 $22,000 $120,600
2019 $2,414 $142,600 $22,000 $120,600
2018 $2,786 $142,600 $22,000 $120,600
2017 $2,400 $142,600 $22,000 $120,600
2016 $2,298 $142,600 $22,000 $120,600
2015 $2,319 $142,600 $22,000 $120,600
2013 $2,466 $142,600 $22,000 $120,600
2012 $2,446 $142,600 $22,000 $120,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1561473

Northwestern Wisconsin Multiple Listing Service

APN: 004-00125-0001