NOT LISTED FOR SALE

209 E Park St Rhinelander, WI 54501

Estimated Value: $185,884

5 Beds
4 Baths
2,486 Sq Ft
$75/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $147,000 $59 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,137/month

40 Days on Market

Highlights

  • Shops
  • Forced Air Heating System
  • Level Lot

About This Home

As of September 2022

This 4plex has some flooring/bath updates and is a nice money maker. Units 1 & 3 are lower and 2 & 4 are upper. Current rents are low: $550, $425, $500 & $490 due the 1st of each month. Living room/dining and kitchen are combined in most units. Gas, electric and water utilities are not metered separately and are paid by seller as is garbage pick up. Age of roof is about 10 years. The two furnaces are approx. 6 and 10 years old. All units are currently rented. Interior photos were taken before tenant occupancy. Call soon to set up a showing appointment for this great investment opportunity before it's gone!

Last Agent to Sell the Property

Candy Krouze

KEY INSIGHT, LLC Listed on: 07/30/2022

Last Buyer's Agent

LUKE DURKEE

PEOPLE FIRST REALTY GROUP LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 1920

Lot Details

  • 9,714 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,486 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 1St Add Subdivision
  • Shops

Listing and Financial Details

  • Assessor Parcel Number RH 316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,666

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Ownership: Fee Simple
  • Subdivision Name: 1st Add
  • Directions: Just south from Kids Korner on S. Pelham Street. Go left on W. Keenan to a left on East Park Street to 2nd property on the left.
  • Above Grade Finished Sq Ft: 2486.0
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Mixed

Exterior Features

  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block, Pillar/Post/Pier, Stone
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage, Driveway
  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping

Lot Info

  • Lot Size Sq Ft: 9714.0
  • Parcel #: RH 316
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 1666.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Sep 15, 2022
Sold by
East Park Llc
Bought by
Highland Lakes Real Estate Holdings Llc
Seller's Agent
Candy Krouze
KEY INSIGHT, LLC
Buyer's Agent
LUKE DURKEE
PEOPLE FIRST REALTY GROUP LLC
List Price
$140,000
Sold Price
$147,000
Premium/Discount to List
$7,000
5%
Views
43
Current Estimated Value
$185,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,884
Avg. Annual Appreciation
7.81%
Original Mortgage
$117,600
Outstanding Balance
$112,115
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$73,769

Purchase Details

Closed on
Nov 18, 2016
Sold by
Baam Properties Llc
Bought by
East Park Llc

Purchase Details

Listed on
Jul 25, 2012
Closed on
Aug 27, 2012
Sold by
Vandervest Kim and Loduha John J
Bought by
Baam Properties Llc
Seller's Agent
Jake Nelson
SHOREWEST - RHINELANDER
Buyer's Agent
JOE FLANDERS
PINE POINT REALTY
List Price
$37,500
Sold Price
$30,000
Premium/Discount to List
-$7,500
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%
Source: Public Records

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
Highland Lakes Real Estate Holdings Llc $147,000 --
East Park Llc $32,500 --
Baam Properties Llc $30,000 Northern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highland Lakes Real Estate Holdings Llc $117,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2022 09/15/22 Sold $147,000 +5.0% $59 / Sq Ft
07/31/2022 07/31/22 For Sale $140,000 +366.7% $56 / Sq Ft
08/24/2012 08/24/12 Sold $30,000 -20.0% $14 / Sq Ft View Prior Sale
08/20/2012 08/20/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $37,500 -- $17 / 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 $1,970 $80,500 $8,800 $71,700
2023 $1,899 $80,500 $8,800 $71,700
2022 $1,562 $80,500 $8,800 $71,700
2021 $1,880 $80,500 $8,800 $71,700
2020 $1,618 $80,500 $8,800 $71,700
2019 $1,682 $80,500 $8,800 $71,700
2018 $1,665 $80,500 $8,800 $71,700
2017 $1,676 $80,500 $8,800 $71,700
2016 $1,761 $80,500 $8,800 $71,700
2015 $2,082 $97,700 $8,800 $88,900
2014 $2,082 $97,700 $8,800 $88,900
2011 $2,227 $111,800 $11,000 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 198230

Greater Northwoods MLS

APN: RH 316