NOT LISTED FOR SALE

2846 Minnesota Ave Unit 2848 Minnesota Ave Stevens Point, WI 54481

Estimated Value: $226,000 - $252,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $175,000

Est. 34% increase in value since last sale

Current estimated payment $1,245/month

36 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Carpet
  • Brick or Stone Mason
  • Ceiling Fan

About This Home

As of February 2023

Fantastic investment opportunity in the middle of Stevens Point. This duplex has generated a solid rental income for the current for over 40 years. Upstairs unit is vacant and recently remodeled with new flooring and paint. Lower unit tenant is month to month but has has resided for 17 years and takes care of all landscaping and snow removal. Perfect setup to owner occupy if desired. Maintenance free brick exterior, rubber roof professionally inspected every 2 years. Corner lot location offers driveway parking off Minnesota Ave along with 2 car garage access from Rice St.

Last Agent to Sell the Property

Mike Williams

RE/MAX Central License #50449-90 Listed on: 12/13/2022

RE/MAX Central

Last Buyer's Agent

Mike Williams

RE/MAX Central License #50449-90 Listed on: 12/13/2022

RE/MAX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,217

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 124x70

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick or Stone Mason

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector
  • Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Basement

  • Block Basement Construction
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2308.04.2025.11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,217

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Additional Remarks: Each unit is 2 bedrooms, 1 bath and has its own basement with laundry hookups. Building has been well maintained over the years. A great addition to your rental portfolio. Contact us today for more details.
  • Class: Multi-Family
  • Lvt Date: 12/13/2022
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Type: Duplex
  • Year Built: 1970
  • Construction: Brick
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Interior: Ceiling Fan(s), Smoke Detector, Cable Hookup, Window Treatments, Carpet, Vinyl Floors
  • Basement Type: Block, Laundry Facilities

Exterior Features

  • Roof: Flat

Garage/Parking

  • Garage Capacity: 2
  • Parking: 2 Space, Concrete, Driveway Entrance
  • Garage: Detached

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Hook-up in All
  • Separate Electricity: Y
  • Separate Heat: Y

Schools

  • Stevens Pt Area Sch Dist: Stevens Point A

Lot Info

  • Acreage: .19
  • Lot Size: 124x70
  • Zoning: Multi-Family
  • Geo Address Line: 2846 Minnesota Ave
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Tax Amount: 3217
  • Assessor Parcel Number: 2308.04.2025.11
  • Tax Year: 2022

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Feb 27, 2023
Sold by
Niedbalski David A and Niedbal Cathryn
Bought by
Kjk Housing Llc
Seller's Agent
Mike Williams
RE/MAX Central
Buyer's Agent
Mike Williams
RE/MAX Central
List Price
$184,900
Sold Price
$175,000
Premium/Discount to List
-$9,900
-5.35%
Views
119
Current Estimated Value
$234,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,159
Avg. Annual Appreciation
10.07%
Original Mortgage
$130,000
Outstanding Balance
$126,763
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$97,835

Purchase Details

Closed on
Jul 25, 2014
Sold by
David A. Niedbalski And Cathryn L. Niedb
Bought by
Niedbalski David A and Niedbalski Cathryn L
Source: Public Records

Range of Values:

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Average Value
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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
Kjk Housing Llc $175,000 Knight Barry Title
Niedbalski David A $223,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kjk Housing Llc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $175,000 -5.4% --
12/13/2022 12/13/22 For Sale $184,900 -- --
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 $39 $205,700 $20,700 $185,000
2023 $0 $205,700 $20,700 $185,000
2022 $3,218 $126,500 $16,600 $109,900
2021 $3,125 $126,500 $16,600 $109,900
2020 $3,205 $126,500 $16,600 $109,900
2019 $3,086 $126,500 $16,600 $109,900
2018 $2,875 $126,500 $16,600 $109,900
2017 $2,760 $126,500 $16,600 $109,900
2016 $3,283 $134,000 $11,500 $122,500
2015 $3,302 $134,000 $11,500 $122,500
2014 $3,217 $134,000 $11,500 $122,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22205852

Central Wisconsin Multiple Listing Service

APN: 281-23-0804202511