$850,000
SOLD JUN 29, 2017

2448 4th Ave Stevens Point, WI 54481

30 Beds
10 Baths
6,096 Sq Ft
0.52 Acres

Recently Sold

$139 Per Sq Ft

1% Below List Price

3 Days on Market

About This Home

As of October 2018

This well maintained 5 unit complex has a great location and is an excellent investment. Each unit consists of 6 bedrooms and 2 baths. Units also feature 2 refrigerators, a dishwasher and separate coin-op laundry. Property is fully leased until May of 2018. Building shows a history of 100% occupancy. Property also features a 26x50 heated garage with a bathroom. There are separate meters for gas/elec./water for each apartment as well as the garage and a house meter for gas (heat).

Last Agent to Sell the Property

Noah Eschenbauch

HOMEPOINT REAL ESTATE LLC License #61371-94 Listed on: 04/24/2017

Last Buyer's Agent

Mike Yokers

FIRST WEBER License #34570-90

FIRST WEBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,573

Year Built

  • Built in 1989

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

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

Utilities

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

Community Details

  • Net Operating Income $81,385

Listing and Financial Details

  • Assessor Parcel Number 240828300210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,573

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Additional Remarks: Recent updates include newer roof, boiler, water heaters, some kitchens, flooring and many appliances. See listing agent for additional information. Buyer must provide pre-approval letter prior to viewing property.
  • Age: 16-30 Yrs
  • Class: Multi-Family
  • Lvt Date: 04/25/2017
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Type: Complex
  • Year Built: 1989
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Lot Info

  • Lot Size: .50
  • Zoning: Multi-Family
  • Geo Address Line: 2448 4th Ave
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Secondary City: Portage
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 114060

Tax Info

  • Tax Amount: 14573
  • Assessor Parcel Number: 240828300210
  • Tax Year: 2016

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
3
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
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 Type Sale Price Title Company
Warranty Deed $900,000 Caliber Title
Warranty Deed $925,000 Anderson Obrien Law Firm
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,027 New Conventional
Open $720,000 New Conventional
Previous Owner $740,000 New Conventional
Previous Owner $847,500 New Conventional
Closed $164,398 No Value Available
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: 1702320

Central Wisconsin Multiple Listing Service

APN: 281-24-0828300210

Wisconsin Portage County Stevens Point 54481

2448 4th Ave, Stevens Point, WI

This home is located at 2448 4th Ave, Stevens Point, WI 54481 and is currently priced at $850,000, approximately $139 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.

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