NOT LISTED FOR SALE

Estimated Value: $257,000 - $295,000

4 Beds
2 Baths
2,608 Sq Ft
$105/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $235,000 $90 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,844/month

2 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Patio
  • Balcony
  • Views
  • Ceiling Fan

About This Home

As of July 2021

A great duplex for a first time or more experienced investor looking to add to their rental portfolio. The property has consistently produced income and currently has tenants contracted through May and July of 2022. The property also has 2 garages with 4 units set up to potentially produce more income as storage rentals. It's an investment opportunity worth investigating, set up your appointment to see it today!

Last Agent to Sell the Property

Nathanael DeLoach

LPT Realty, LLC Listed on: 06/29/2021

LPT Realty, LLC

Last Buyer's Agent

Steve Braman

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 1885

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75' x 120'
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,608 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Range
  • Washer and Dryer Hookup
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for internet service, cable TV, snow
  • Assessor Parcel Number 02-802-00460-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,992

Year Built

Built in 1885

Lot Details

0

Parking

3

Listing Details

  • Class: MULTI-FAMILY
  • Directions: South on I-53, Right on 18th Ave E then Left on E 4th St. Property will be the 3rd home on your right.
  • L O1 Office Phone1 Number: 218-740-2297
  • List Price/ Sq Ft: 90.11
  • Tax Year: 2020
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Amenities Exterior: Balcony, Patio
  • Appliances 1: Range/Stove, Refrigerator
  • Appliances 2: Range/Stove, Refrigerator
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2608
  • Garage Type: Detached
  • Heat: Natural Gas
  • Laundry: Coin Operated Owned
  • Parking Number Garage Spaces: 3
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Duplex
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Other, Poured Concrete
  • Estimated Basement Sq Ft: 1288
  • Basement Style: Crawl Space, Partial
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2608

Exterior Features

  • Road Frontage: City
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Concrete

Utilities

  • Power Company: SWL&P
  • Sewer: City
  • Water: City

Association/Amenities

  • AmenitiesOtherAmenities1: Ceiling Fans, Hardwood Floors
  • Association Fees Include:Amenities2: Ceiling Fans

Schools

  • School District: Superior (WI) #5663
  • Junior High Dist: Superior (WI) #5663

Lot Info

  • Geo Update Timestamp: 2021-06-29
  • Estimated Lot Dimensions: 75' x 120'
  • Estimated Number of Acres: 0.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: WI
  • Lot Description: Level
  • Parcel Number: 02-802-00460-00

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Internet Service, Cable TV, Snow

Tax Info

  • Tax Amount: 2991.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jul 29, 2021
Sold by
Naeyaert Jane A
Bought by
Big Water Property Llc A Minnesota Limit
Seller's Agent
Nathanael DeLoach
LPT Realty, LLC
Buyer's Agent
Steve Braman
RE/MAX Results
List Price
$219,900
Sold Price
$235,000
Premium/Discount to List
$15,100
6.87%
Total Days on Market
2
Current Estimated Value
$273,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,121
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Aug 27, 2012
Sold by
Sobiech Stephen R
Bought by
Naeyaert Jane A

Purchase Details

Closed on
May 31, 2005
Sold by
Gerber Joseph C and Gerber Jane E
Bought by
Sobiech Stephen R

Purchase Details

Closed on
May 27, 2005
Sold by
Norkunas James E
Bought by
Gerber Joseph C and Gerber Jane E
Source: Public Records

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Range of Values:

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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
Big Water Property Llc A Minnesota Limit $235,000 --
Naeyaert Jane A $112,000 --
Sobiech Stephen R $139,900 --
Gerber Joseph C $83,200 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $235,000 +6.9% $90 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $219,900 -- $84 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $3,715 $254,500 $25,000 $229,500
2023 $2,835 $136,500 $20,200 $116,300
2022 $2,865 $136,500 $20,200 $116,300
2021 $3,022 $136,500 $20,200 $116,300
2020 $2,992 $136,500 $20,200 $116,300
2019 $2,849 $136,500 $20,200 $116,300
2018 $2,840 $136,500 $20,200 $116,300
2017 $2,949 $136,500 $20,200 $116,300
2016 $3,004 $136,500 $20,200 $116,300
2015 $2,917 $116,300 $20,200 $116,300
2014 $2,917 $136,500 $20,200 $116,300
2013 $3,109 $136,500 $20,200 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6098008

APN: 02-802-00460-00