NOT LISTED FOR SALE

2448 4th Ave Stevens Point, WI 54481

Estimated Value: $1,451,890

30 Beds
10 Baths
6,096 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $925,000 $152 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,144/month

54 Days on Market

About This Home

As of October 2018

Prime Student Housing Investment! Building consists of 5 Six bedroom, 2 Bathroom Townhouses and a 26' x 50' heated garage with bathroom. Building is fully leased through August 2019. Building has a history of 100% occupancy. Each Townhouse is equipped with stove, 2 Refrigerators, dishwasher & coin operator washer and dryer. There are separate utility meters for each unit, plus a master meter for gas. Garage also has separate meter.

Last Listed By

Mike Yokers

FIRST WEBER License #34570-90 Listed on: 07/25/2018

FIRST WEBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,500

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 150x150

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Master Meter
  • Separate Water Meter
  • Natural Gas Water Heater
  • Public Septic
  • Cable TV Available

Community Details

  • 5 Units
  • Net Operating Income $85,500

Listing and Financial Details

  • Assessor Parcel Number 240828300210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,500

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Additional Remarks: Recent updates include new roof (2007) new boiler (2012), some kitchens flooring and appliances. Call listing agent for additional information. No showings without pre qualification letter from Buyers Lender.
  • Age: 16-30 Yrs
  • Class: Multi-Family
  • Lvt Date: 07/30/2018
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Type: Complex
  • Year Built: 1989
  • Construction: Vinyl, Wood
  • Dilhcert: Y
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher
  • Interior: Smoke Detector, Cable Hookup

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 4

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Hot Water
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Septic Type: Public
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Master Meter
  • Laundry: Hook-up in All
  • Sewer Included: Y
  • Utilities Heat Included: Y
  • Separate Electricity: Y
  • Water Included: Y

Schools

  • Stevens Pt Area Sch Dist: Stevens Point A
  • Stevens Pt School Jr High: P.J. Jacobs

Lot Info

  • Lot Size: 150x150
  • Zoning: Multi-Family
  • Geo Address Line: 2448 4th Ave
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 118200

Tax Info

  • Tax Amount: 18500
  • Assessor Parcel Number: 240828300210
  • Tax Year: 2017

Multi Family

  • Number Of Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Copperstone Capital Llc
Bought by
Badger Capital Holdings Llc
Total Days on Market
54
Current Estimated Value
$1,451,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$189,994
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$1,288,105

Purchase Details

Listed on
Jul 25, 2018
Closed on
Oct 30, 2018
Sold by
A & L Rental Properties Llc
Bought by
Copperstone Capital Llc
Seller's Agent
Mike Yokers
FIRST WEBER
Buyer's Agent
Travis Fonder
KELLER WILLIAMS STEVENS POINT
List Price
$949,000
Sold Price
$925,000
Premium/Discount to List
-$24,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$740,000
Interest Rate
4.6%
Mortgage Type
New Conventional

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
Badger Capital Holdings Llc $900,000 Caliber Title
Copperstone Capital Llc $925,000 Anderson Obrien Law Firm
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Badger Capital Holdings Llc $124,027
Open Badger Capital Holdings Llc $720,000
Previous Owner Copperstone Capital Llc $740,000
Previous Owner A & L Rental Properties Llc $847,500
Closed Badger Capital Holdings Llc $164,398
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $925,000 -2.5% $152 / Sq Ft
07/25/2018 07/25/18 For Sale $949,000 +11.6% $156 / Sq Ft
06/29/2017 06/29/17 Sold $850,000 -1.2% $139 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $859,900 +18.4% $141 / Sq Ft
12/07/2012 12/07/12 Sold $726,000 0.0% $119 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $726,000 -- $119 / Sq Ft
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 $200 $968,000 $67,000 $901,000
2023 $0 $968,000 $67,000 $901,000
2022 $21,906 $848,300 $50,100 $798,200
2021 $21,271 $848,300 $50,100 $798,200
2020 $21,167 $848,300 $50,100 $798,200
2019 $21,071 $848,300 $50,100 $798,200
2018 $19,291 $834,600 $50,100 $784,500
2017 $18,592 $834,600 $50,100 $784,500
2016 $14,574 $587,300 $67,500 $519,800
2015 $14,657 $587,300 $67,500 $519,800
2014 $14,277 $587,300 $67,500 $519,800
Source: Public Records

Agents Affiliated with this Home

  • Mike Yokers

    Seller's Agent in 2018

    Mike Yokers

    FIRST WEBER

    (715) 572-1402

    12 Total Sales

    Mike Yokers
    Section Image
  • Travis Fonder

    Buyer's Agent in 2018

    Travis Fonder

    KELLER WILLIAMS STEVENS POINT

    214 Total Sales

    Section Image
  • Noah Eschenbauch

    Seller's Agent in 2017

    Noah Eschenbauch

    HOMEPOINT REAL ESTATE LLC

    (715) 252-1184

    132 Total Sales

    Noah Eschenbauch
    Section Image

  • A

    Seller's Agent in 2012

    AGENT NON-MLS

    NON-MLS OFFICE

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1804724

Central Wisconsin Multiple Listing Service

APN: 281-24-0828300210

Wisconsin Portage County Stevens Point 54481

2448 4th Ave, Stevens Point, WI

Homes for Sale in Stevens Point, WI

This home is located at 2448 4th Ave, Stevens Point, WI 54481 since 25 July 2018 and is currently estimated at $1,451,890, approximately $238 per square foot. This property was built in 1989. 2448 4th Ave is a home located in Portage County with nearby schools including Washington Elementary School, P.J. Jacobs Junior High School, and Stevens Point Area Senior High 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.

Central Wisconsin Multiple Listing Service 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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