NOT LISTED FOR SALE

306 N Cedar Ave Marshfield, WI 54449

Estimated Value: $140,000 - $161,000

4 Beds
2 Baths
1,388 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $105,000 $76 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $981/month

29 Days on Market

Highlights

  • 2 Car Detached Garage
  • Marshfield High School Rated A
  • Forced Air Heating System

About This Home

As of August 2024

Welcome to this duplex close to everything downtown. This property boasts two separate units, each w/its own appeal & seperate entrances, making it an ideal investment opportunity. The lower unit welcomes you two bedrooms & fresh flooring. With a monthly rent of $750, it offers affordability. On the upper level, you'll find a living space w/two bedrooms, w/a kitchenette. This unit commands a rent of $550 per month.Both units come with the added convenience of separate meters, ensuring hassle-free utility management. Additionally, the property offers two garages, one accessible from the alley, providing ample parking and storage space for residents. The furnace, a vital component, is only three years old, promising efficient heating throughout the property. Currently, both units are occupied by long-term tenants on month-to-month leases, offering stability for those seeking a reliable income stream. Whether you're looking to generate rental income or seeking a multi-generational living arrangement, this duplex presents a compelling opportunity to invest in.

Last Agent to Sell the Property

Cheri Barnett

RE/MAX AMERICAN DREAM License #72331-94 Listed on: 05/13/2024

RE/MAX AMERICAN DREAM

Last Buyer's Agent

AMANDA NORMINGTON

CENTURY 21 GOLD KEY License #97077-94

CENTURY 21 GOLD KEY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66x157

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,388 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33-00458

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,354

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Comments: Properties
  • Class: Multi-Family
  • Municipality: Marshfield, City of
  • Style: 1.5 Story
  • Type: Duplex
  • Year Built: 1900
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 832
  • Finished Above Grade Sq Ft: 1388
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 2
  • Parking: 2 Space, Gravel, Off Street
  • Garage: Detached

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Electric
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter

Schools

  • Marshfield Area Sch Dist: Marshfield

Lot Info

  • Acreage: 0.24
  • Lot Size: 66x157
  • Geo Address Line: 306 N Cedar Ave # 306A
  • Geo Primary City: Marshfield
  • Geo Quality: 0.95

Tax Info

  • Tax Amount: $2354.82
  • Assessor Parcel Number: 33-00458
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 23, 2024
Sold by
Salazar John L
Bought by
Normington Properties Llc A Wisconsin L
Seller's Agent
Cheri Barnett
RE/MAX AMERICAN DREAM
Buyer's Agent
AMANDA NORMINGTON
CENTURY 21 GOLD KEY
List Price
$137,900
Sold Price
$105,000
Premium/Discount to List
-$32,900
-23.86%
Views
39
Current Estimated Value
$149,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,453
Avg. Annual Appreciation
29.39%

Purchase Details

Listed on
May 3, 2017
Closed on
Feb 26, 2018
Sold by
Hergert Brian K
Bought by
Cruz Horacio
Seller's Agent
MICHAEL JENNINGS
MJ APPRAISALS
Buyer's Agent
Cheri Barnett
RE/MAX AMERICAN DREAM
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$40,000
Interest Rate
4.15%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Normington Properties Llc A Wisconsin L $105,000 Knight Barry Title
Cruz Horacio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Horacio $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $105,000 -23.9% $76 / Sq Ft
05/13/2024 05/13/24 For Sale $137,900 +97.0% $99 / Sq Ft
03/31/2020 03/31/20 Sold $70,000 0.0% -- View Prior Sale
02/17/2020 02/17/20 For Sale $70,000 +16.7% --
02/12/2020 02/12/20 Pending -- -- --
02/26/2018 02/26/18 Sold $60,000 -14.2% -- View Prior Sale
12/28/2017 12/28/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $69,900 -- --
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 $2,403 $130,000 $31,100 $98,900
2023 $2,121 $130,000 $31,100 $98,900
2022 $1,910 $72,500 $18,100 $54,400
2021 $1,786 $72,500 $18,100 $54,400
2020 $1,751 $72,500 $18,100 $54,400
2019 $1,687 $72,500 $18,100 $54,400
2018 $1,626 $72,500 $18,100 $54,400
2017 $1,650 $72,500 $18,100 $54,400
2016 $1,843 $72,500 $18,100 $54,400
2015 $1,742 $72,500 $18,100 $54,400
Source: Public Records

Agents Affiliated with this Home

  • Cheri Barnett

    Seller's Agent in 2024

    Cheri Barnett

    RE/MAX

    (715) 506-0610

    180 Total Sales

    Cheri Barnett
    Section Image

  • A

    Buyer's Agent in 2024

    AMANDA NORMINGTON

    CENTURY 21 GOLD KEY

    (715) 630-4118

    3 Total Sales

    AMANDA NORMINGTON
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22401929

Central Wisconsin Multiple Listing Service

APN: 3300458

Wisconsin Wood County Marshfield 54449

306 N Cedar Ave, Marshfield, WI

Not Listed for Sale

MultiFamily

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