NOT LISTED FOR SALE

2625 4th Ave Stevens Point, WI 54481

Estimated Value: $1,756,579

5 Beds
2 Baths
-- Sq Ft
0.81 Acres

Last Sold March 31, 2022

Last sale price $1,425,000

Est. 23% increase in value since last sale

Current estimated payment $9,855/month

49 Days on Market

About This Home

As of March 2022

10 units in the complex that are all the same layout and size. 5 bedrooms and 2 bathrooms with laundry. Mudroom, kitchen and living room. 30 parking spots. Tenants pay all utilities except for outdoor lights. Owner pays for garbage, snow removal and mowing. Listing Agent is part owner of LLC that owns the building.

Last Listed By

Matthew Trenkle

STANDARD REAL ESTATE SERVICES LLC License #53924-90 Listed on: 01/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,780

Year Built

  • Built in 1970

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 280x128

Parking

  • Outside Parking

Home Design

  • Quadruplex
  • Composition Roof

Laundry

  • Dryer
  • Washer

Additional Features

  • 2-Story Property
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 2408728302404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,780

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 01/13/2022
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Type: Fourplex
  • Year Built: 1970
  • Construction: Wood
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Washer, Dryer

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking: Outside

Utilities

  • Cooling: Wall/Sleeve Air
  • Fuel Type: Electric
  • Sewer Water: Pb Sewer/Pb Water
  • Separate Electricity: Y
  • Separate Heat: Y

Schools

  • School District: Stevens Point
  • Stevens Pt Area Sch Dist: Stevens Point A
  • Marshfield Area Sch Dist: Stevens Point
  • Wausau Area School Dist: Stevens Point
  • Wisc Rapids Area Sch Dist: Stevens Point

Lot Info

  • Acreage: 0.81
  • Lot Size: 280x128
  • Zoning: Commercial
  • Geo Address Line: 2625 4th Ave
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Tax Amount: 25780
  • Assessor Parcel Number: 2408728302404
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Mar 31, 2022
Sold by
Lax Properties A Llc
Bought by
Interllirent Llc
Seller's Agent
Matthew Trenkle
STANDARD REAL ESTATE SERVICES LLC
Buyer's Agent
Mike Williams
RE/MAX Central
List Price
$1,500,000
Sold Price
$1,425,000
Premium/Discount to List
-$75,000
-5%
Total Days on Market
49
Current Estimated Value
$1,756,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,579
Avg. Annual Appreciation
6.84%
Original Mortgage
$1,140,000
Outstanding Balance
$1,083,874
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$672,705

Purchase Details

Closed on
Oct 1, 2021
Sold by
Mvp Properties Llc
Bought by
Lax Properties A Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.8%
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
Interllirent Llc $1,425,000 Gowey Abstract & Title
Lax Properties A Llc $1,250,000 Gowey Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Interllirent Llc $1,140,000
Previous Owner Lax Properties A Llc $1,000,000
Previous Owner Mvp Properties Llc $1,850,000
Closed Interllirent Llc $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $1,425,000 -5.0% --
01/13/2022 01/13/22 For Sale $1,500,000 -- --
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 $274 $1,415,000 $95,700 $1,319,300
2023 $0 $1,415,000 $95,700 $1,319,300
2022 $26,590 $1,023,800 $69,200 $954,600
2021 $25,837 $1,023,800 $69,200 $954,600
2020 $25,780 $1,023,800 $69,200 $954,600
2019 $25,413 $1,023,800 $69,200 $954,600
2018 $23,738 $1,023,800 $69,200 $954,600
2017 $22,695 $1,023,800 $69,200 $954,600
2016 $21,615 $870,000 $90,000 $780,000
2015 $21,738 $870,000 $90,000 $780,000
2014 $21,175 $870,000 $90,000 $780,000
Source: Public Records

Agents Affiliated with this Home

  • Matthew Trenkle

    Seller's Agent in 2022

    Matthew Trenkle

    STANDARD REAL ESTATE SERVICES LLC

    (414) 446-3350

    268 Total Sales

    Matthew Trenkle
    Section Image
  • Mike Williams

    Buyer's Agent in 2022

    Mike Williams

    RE/MAX

    (715) 340-0641

    95 Total Sales

    Mike Williams
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22200133

Central Wisconsin Multiple Listing Service

APN: 281-24-0828302404

Wisconsin Portage County Stevens Point 54481

2625 4th Ave, Stevens Point, WI

Homes for Sale in Stevens Point, WI

This home is located at 2625 4th Ave, Stevens Point, WI 54481 since 13 January 2022 and is currently estimated at $1,756,579. This property was built in 1970. 2625 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.

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