NOT LISTED FOR SALE

2074 N Ush 45 Unit 1-4 Eagle River, WI 54521

Estimated Value: $272,000 - $749,000

8 Beds
4 Baths
2,400 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 06, 2016

Last sale price $100,000 $42 Per Sq Ft

Est. 351% increase in value since last sale

Current estimated payment $2,543/month

1,111 Days on Market

Highlights

  • 86,684 Sq Ft lot
  • Recreation Facilities
  • Open Space
  • Wooded Lot
  • Detached Garage
  • Shops

About This Home

As of September 2016

HWY 45 DOUBLE DUPLEXES- ALL OFFERS WILL BE LOOKED AT & CONSIDERED, MOTIVATED SELLER. Hwy 45 Double Duplexes - This unique business opportunity located just north of Eagle River offers two identical rental duplexes with a variety of options. You can maintain them as four 2 bedroom/full bath duplexes with a detached 3+ car garage and reap the $1,500+/month rental income. You could convert one of the Ranch style buildings into a single family home and keep the other as a duplex or convert one or all units to office/store space. The great location on the highway and snowmobile trail makes these units attractive for any potential tenant. Add in the large 1.99 acre lot and you allow for plenty of parking and an inviting rural setting. All units are currently occupied and tenants pay utilities... call now for more info! Opportunity is knocking with this one!

Last Agent to Sell the Property

Julie Winter-Paez

RE/MAX PROPERTY PROS Listed on: 08/14/2013

RE/MAX PROPERTY PROS

Last Buyer's Agent

Paula Giles

TOWN & COUNTRY REALTY/WOODRUFF License #46829 - 90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1971

Lot Details

  • 1.99 Acre Lot
  • Lot Dimensions are 208x415
  • Open Space
  • Rural Setting
  • West Facing Home
  • Level Lot
  • Wooded Lot
  • Garden

Home Design

  • Quadruplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Detached Garage
  • Gravel Driveway
  • Additional Parking

Schools

  • Northland Pines-Er Elementary School
  • Northland Pines Middle School
  • Northland Pines High School

Utilities

  • Baseboard Heating
  • Drilled Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-469

Community Details

Amenities

  • Shops

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,984

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Lot Size: 208x415
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Co List Office Mls Id: 619
  • Co List Office Phone: (715)480-4333
  • Ownership: Fee Simple
  • Directions: Hwy 45, just north of Eagle River, past Chain O'Lakes Road on the right.
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1971
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space, Exterior Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet, Tile
  • Interior Amenities: Cable TV

Exterior Features

  • Lot Features: Easy Access, Level, Open Space, Rural Lot, Wooded
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: West
  • Exterior Features: Garden, Gravel Driveway
  • Foundation Details: Block
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Detached, Four Car Garage, Four or more Spaces, Garage, Storage, Driveway

Utilities

  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Conventional Sewer
  • Utilities: Cable Available, Phone Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Recreation Area, Shopping

Schools

  • Elementary School: VI Northland Pines-ER
  • High School: VI Northland Pines
  • Middle Or Junior School: VI Northland Pines

Lot Info

  • Lot Size Sq Ft: 86684.0
  • Parcel #: 26-469
  • Zoning Description: General Business

Tax Info

  • Tax Annual Amount: 1984.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2013
Closed on
Sep 2, 2016
Sold by
Sadauskas Marion V and Sadauskas Joyce
Bought by
Schwertfeger Dean R and Schwertfeger Alan C
Seller's Agent
Julie Winter-Paez
RE/MAX PROPERTY PROS
Buyer's Agent
Paula Giles
TOWN & COUNTRY REALTY/WOODRUFF
List Price
$159,000
Sold Price
$100,000
Premium/Discount to List
-$59,000
-37.11%
Current Estimated Value
$451,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,426
Avg. Annual Appreciation
17.95%
Original Mortgage
$75,000
Outstanding Balance
$60,003
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$391,423
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
Schwertfeger Dean R $100,000 Vilas Title Service Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwertfeger Dean R $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $100,000 -37.1% $42 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/21/2013 08/21/13 For Sale $159,000 -- $66 / Sq Ft
Source: Greater Northwoods MLS

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 $1,888 $329,000 $35,200 $293,800
2023 $2,109 $329,000 $35,200 $293,800
2022 $2,066 $195,000 $42,400 $152,600
2021 $2,002 $195,000 $42,400 $152,600
2020 $1,953 $195,000 $42,400 $152,600
2019 $1,959 $195,000 $42,400 $152,600
2018 $1,807 $195,000 $42,400 $152,600
2017 $1,816 $195,000 $42,400 $152,600
2016 $1,862 $195,000 $42,400 $152,600
2015 $1,742 $195,000 $42,400 $152,600
2014 $1,733 $195,000 $42,400 $152,600
2013 $1,968 $195,000 $42,400 $152,600
Source: Public Records

Agents Affiliated with this Home

  • Julie Winter-Paez

    Seller's Agent in 2016

    Julie Winter-Paez

    RE/MAX

    (715) 891-1236

    162 in this area

    836 Total Sales

    Julie Winter-Paez
    Section Image

  • P

    Buyer's Agent in 2016

    Paula Giles

    TOWN & COUNTRY REALTY/WOODRUFF

    (715) 358-6556

    12 Total Sales

    Paula Giles
    Section Image
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Map

Source: Greater Northwoods MLS

MLS Number: 136648

Greater Northwoods MLS

APN: 26-469

Wisconsin Vilas County Eagle River 54521

2074 N Ush 45 Unit 1-4, Eagle River, WI

This home is located at 2074 N Ush 45 Unit 1-4, Eagle River, WI 54521 since 14 August 2013 and is currently estimated at $451,426, approximately $188 per square foot. This property was built in 1971. 2074 N Ush 45 Unit 1-4 is a home located in Vilas County with nearby schools including Northland Pines High School, School of Options & Applied Research High School, and Christ Lutheran 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.

Greater Northwoods MLS 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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