NOT LISTED FOR SALE

2901 5th Ave Stevens Point, WI 54481

Estimated Value: $5,043,208

3 Beds
1 Bath
-- Sq Ft
67,387 Sq Ft Lot

Last Sold May 31, 2018

Last sale price $2,800,000

Est. 80% increase in value since last sale

Current estimated payment $25,977/month

76 Days on Market

About This Home

As of May 2018

32 unit student housing complex with great earning potential. 4, 8 unit buildings licensed for 40 each, for a total of 160.

Last Agent to Sell the Property

David Northwood

NORTHWOOD HOLMES REAL ESTATE License #53858-90 Listed on: 12/15/2017

Last Buyer's Agent

Paul Leonard

KPR BROKERS, LLC License #81770-94

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 1.55

Home Design

  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Utilities

  • Baseboard Heating
  • Separate Meters
  • Electric Water Heater
  • Public Septic

Community Details

  • 32 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 281240828401919&20

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

1.55 Acres

Listing Details

  • Class: Multi-Family
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Type: Complex
  • Year Built: 1992
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher

Exterior Features

  • Roof: Shingle

Utilities

  • Fuel Type: Electric
  • Heat Type: Baseboard
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Electric
  • Septic Type: City
  • Water: Meter (s)
  • Electricity: Separate Meter
  • Laundry: Available On Site
  • Separate Electricity: Y
  • Separate Heat: Y

Lot Info

  • Lot Size: 3.08
  • Zoning: Multi-Family
  • Geo Address Line: 2901 5th Ave
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Secondary City: Portage

Tax Info

  • Assessor Parcel Number: 281240828401919&20

Multi Family

  • Number Of Units: 32

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2017
Closed on
May 31, 2018
Sold by
Beverly A Mancl Revocable Trust
Bought by
Rent Wisco Llc
Seller's Agent
David Northwood
NORTHWOOD HOLMES REAL ESTATE
Buyer's Agent
Paul Leonard
KPR BROKERS, LLC
List Price
$2,950,000
Sold Price
$2,800,000
Premium/Discount to List
-$150,000
-5.08%
Current Estimated Value
$5,043,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,243,208
Avg. Annual Appreciation
7.86%
Original Mortgage
$2,240,000
Outstanding Balance
$1,531,478
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,511,730
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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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
Rent Wisco Llc $2,800,000 Midwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rent Wisco Llc $2,240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $2,800,000 -5.1% --
03/01/2018 03/01/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $2,950,000 -- --
Source: Central Wisconsin Multiple Listing Service

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 $275 $1,420,000 $105,100 $1,314,900
2023 $0 $1,420,000 $105,100 $1,314,900
2022 $31,231 $1,208,500 $78,000 $1,130,500
2021 $30,352 $1,208,500 $78,000 $1,130,500
2020 $30,179 $1,208,500 $78,000 $1,130,500
2019 $30,008 $1,208,500 $78,000 $1,130,500
2018 $22,091 $955,400 $78,000 $877,400
2017 $21,176 $955,400 $78,000 $877,400
2016 $20,153 $811,300 $72,000 $739,300
2015 $20,268 $811,300 $72,000 $739,300
2014 $19,743 $811,300 $72,000 $739,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Northwood

    NORTHWOOD HOLMES REAL ESTATE

    Section Image
  • Paul Leonard

    Buyer's Agent in 2018

    Paul Leonard

    KPR BROKERS, LLC

    (715) 598-6367

    11 in this area

    19 Total Sales

    Paul Leonard
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1707501

Central Wisconsin Multiple Listing Service

APN: 281-24-0828401920

Wisconsin Portage County Stevens Point 54481

2901 5th Ave, Stevens Point, WI

Not Listed for Sale

MultiFamily

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