NOT LISTED FOR SALE

212 N 1st Ave Edgar, WI 54426

Estimated Value: $352,617

10 Beds
5 Baths
-- Sq Ft
0.69 Acres

Last Sold February 19, 2016

Last sale price $175,000

Est. 101% increase in value since last sale

Current estimated payment $1,951/month

133 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • Baseboard Heating
  • Vaulted Ceiling
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of February 2016

In the peaceful community of Edgar, we offer this well maintained 5 unit apartment. Unit 1 & 2 have 2 bedrooms, units 3 & 4 are 1 bedroom, and unit 5 has 4 bedrooms. All units have lower level sections for storage and all units have access to laundry area

Last Agent to Sell the Property

Lowell Kaiser

FIRST WEBER License #71895-94 Listed on: 09/09/2015

Last Buyer's Agent

Lowell Kaiser

FIRST WEBER License #71895-94 Listed on: 09/09/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,484

Lot Details

  • 0.69

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Basement

Parking

  • 5 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 5 Units
  • Laundry Facilities
  • Net Operating Income $15,636

Listing and Financial Details

  • Assessor Parcel Number 121.2805.072.1057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,484

Lot Details

0

Listing Details

  • Additional Remarks: This apartment has a very strong rental history and a very pleasant setting. This is an investor opportunity. DIRECTIONS: From Hwy 29, S on Cty Rd H into Edgar, E on Birch St
  • Class: Multi-Family
  • Municipality: Edgar, Village of
  • Style: 1 Story
  • Construction: Wood
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Interior: Ceiling Fan(s), Vaulted Ceiling, Garage Door Opener

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck

Garage/Parking

  • Garage Capacity: 5

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Baseboard
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Available On Site

Schools

  • Wausau Area School Dist: Edgar

Lot Info

  • Lot Size: .69 Ac mol
  • Zoning: Commercial
  • Geo Address Line: 212 N 1st Ave
  • Geo Primary City: Edgar
  • Geo Quality: 0.95
  • Geo Secondary City: Marathon Co.

Rental Info

  • Annual Rent: 29400

Tax Info

  • Tax Amount: 2484
  • Assessor Parcel Number: 121.2805.072.1057
  • Tax Year: 2014

Multi Family

  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Feb 19, 2016
Sold by
Heidmann Ronald R and Heidmann Virginia H
Bought by
A & K Rental Properties Llc
Seller's Agent
Lowell Kaiser
FIRST WEBER
Buyer's Agent
Lowell Kaiser
FIRST WEBER
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Current Estimated Value
$352,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,617
Avg. Annual Appreciation
7.33%
Original Mortgage
$140,000
Outstanding Balance
$111,497
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$241,120

Purchase Details

Closed on
Oct 28, 2005
Sold by
Unitedt Duwayne and Unitedt Marlene
Bought by
Heidmann Ronald R and Heidmann Virginia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
A & K Rental Properties Llc $175,000 Knight Barry Title Svcs Llc
Heidmann Ronald R $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & K Rental Properties Llc $140,000
Previous Owner Heidmann Ronald R $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2016 02/19/16 Sold $175,000 -12.5% --
01/20/2016 01/20/16 Pending -- -- --
09/09/2015 09/09/15 For Sale $199,900 -- --
Source: Central 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 $1,292 $145,600 $33,800 $111,800
2023 $2,795 $145,600 $33,800 $111,800
2022 $2,948 $145,600 $33,800 $111,800
2021 $2,972 $145,600 $33,800 $111,800
2020 $3,082 $145,600 $33,800 $111,800
2019 $3,068 $145,600 $33,800 $111,800
2018 $2,931 $140,900 $33,800 $107,100
2017 $2,902 $140,900 $33,800 $107,100
2016 $2,700 $140,900 $33,800 $107,100
2015 $2,727 $140,500 $33,800 $106,700
2014 $2,601 $140,500 $33,800 $106,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lowell Kaiser

    FIRST WEBER

    (715) 573-7653

    34 Total Sales

    Lowell Kaiser
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1505981

Central Wisconsin Multiple Listing Service

APN: 121-2805-072-1057

Wisconsin Marathon County Edgar 54426

212 N 1st Ave, Edgar, WI

Not Listed for Sale

MultiFamily

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