NOT LISTED FOR SALE

300 Maple St S Unit n/a Turtle Lake, WI 54889

Estimated Value: $142,889

-- Bed
-- Bath
4,450 Sq Ft
$32/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $165,000 $37 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $903/month

11 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Hot Water Heating System
  • Wood Siding
  • Forced Air Heating System

About This Home

As of October 2019

This income producing property in Turtle Lake consists of 3 rental apartments grossing $1,475/month. These 3 units are on verbal month to month leases. Rents have not been raised for many years for two of the apartments. There is a lease through 2026 with the Post Office grossing $8,950/year but scheduled to rise to $9849/year by May 2021. There are 4 storage locker units with the potential to produce $50/month per locker. The seller pays all the utilities for the 3 rental apartments which run about $5,155 and $2,600 for insurance. However, these units are metered separately if you wanted to change that. The Post Office pays all their utilities and reimburses the seller for the yearly property taxes so there is really no out of pocket cost there except for building maintenance. The apartments have a roof that is approx. 4 years old. The Post Office has a roof that is 12 years old w/25 year warranty. 2 car garage is included as well.

Last Agent to Sell the Property

Darin Moravitz

Dane Arthur Real Estate Agency/Turtle Lake License #53437-90 Listed on: 08/28/2019

Last Buyer's Agent

JoDee Peterson-Lochner

Dane Arthur Real Estate Agency/Turtle Lake License #84129-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 1957

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 181 x 68 x 188 x 83

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Poured Concrete
  • Wood Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 4,450 Sq Ft Home
  • Partial Basement

Kitchen

  • Oven
  • Range

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System

Listing and Financial Details

  • Exclusions: Sellers Personal,Tenants Personal
  • Assessor Parcel Number 186-1090-07-000

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $2,636
  • Fuel Expense $1,720
  • Insurance Expense $2,600
  • Maintenance Expense $1,000
  • Water Sewer Expense $799

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,221

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Directions: From Turtle Lake, Hwy 8, take Martin Ave on First round about. Take Martin Avenue to Maple Street South, turn right. Destination on left, about 2 blocks.
  • Lot Size: 181 x 68 x 188 x 83
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1957
  • Lot Size Acres: 0.06
  • Co List Office Phone: 715-986-4141
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4450.0
  • Architectural Style: Multiplex
  • Reso Fireplace Features: None
  • Living Area: 4450.0
  • General Property Information Below Grade Unfinished Area: 1240.0
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Appliances: Oven, Range, Refrigerator
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Block, Poured, Stone
  • Waterfront: No
  • Exclusions: Sellers Personal,Tenants Personal
  • Construction Type: Brick, Stone, Vinyl Siding, Wood Siding
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: None
  • Electric: Circuit Breakers, Fuses
  • Heating: Forced Air, Hot Water
  • Sewer: Public Sewer
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Fuel Expense: 1720.0
  • Annual Water Sewer Expense: 799.0

Schools

  • Junior High Dist: Turtle Lake

Lot Info

  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 186-1090-08-000; 186-1090-09-000
  • Parcel Number: 186-1090-07-000
  • Zoning Description: Commercial,Residential-Multifamily
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3220.82

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 2636.0
  • Insurance Expense: 2600.0
  • Maintenance Expense: 1000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Mrc Prop Llc A Wisconsin Limited Liabil
Bought by
Harbor Station Llc A Delaware Limited L
Current Estimated Value
$142,889

Purchase Details

Listed on
Aug 28, 2019
Closed on
Oct 4, 2019
Sold by
Beamer Sharlene E
Bought by
Mrc Prop Llc
Seller's Agent
Darin Moravitz
Dane Arthur Real Estate Agency/Turtle Lake
Buyer's Agent
JoDee Peterson-Lochner
Dane Arthur Real Estate Agency/Turtle Lake
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.35%
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
Harbor Station Llc A Delaware Limited L $107,000 Tm Title Services, Inc.
Mrc Prop Llc $165,000 Tm Title Svcs Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2019 10/09/19 Sold $165,000 +3.2% $37 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $159,900 -- $36 / Sq Ft
Source: Northwestern 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 $1,774 $103,100 $6,900 $96,200
2023 $1,689 $103,100 $6,900 $96,200
2022 $1,660 $103,100 $6,900 $96,200
2021 $1,803 $74,500 $3,800 $70,700
2020 $1,819 $74,500 $3,800 $70,700
2019 $1,767 $74,500 $3,800 $70,700
2018 $1,747 $74,500 $3,800 $70,700
2017 $1,740 $74,500 $3,800 $70,700
2016 $1,700 $74,500 $3,800 $70,700
2015 $1,860 $74,500 $3,800 $70,700
2014 $1,598 $74,500 $3,800 $70,700
2013 $1,606 $74,500 $3,800 $70,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1535274

Northwestern Wisconsin Multiple Listing Service

APN: 186-1090-07-000