NOT LISTED FOR SALE

307 W Winter Ave Elmwood, WI 54740

Estimated Value: $412,158

-- Bed
-- Bath
4,080 Sq Ft
0.35 Acres

Last Sold November 17, 2014

Last sale price $77,500 $19 Per Sq Ft

Est. 432% increase in value since last sale

Current estimated payment $2,657/month

1,018 Days on Market

Highlights

  • Cooling Available
  • Elmwood Middle School Rated A-
  • Baseboard Heating

About This Home

As of November 2014

This is a great income producing property. Cash flow from day one with this fully rented 7 plex with a monthly rental income of $2600. This investment opportunity may be just what you have been looking for!

Last Agent to Sell the Property

Robert 'RP' Pelke

Prime Realty LLC License #55872-90 Listed on: 01/04/2012

Last Buyer's Agent

Bryan Raven

Chippewa Valley Real Estate, LLC License #50853-90

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1960

Lot Details

  • 0.35

Home Design

  • Block Foundation
  • Cement Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Baseboard Heating

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 1221023500

Property Details

Home Type

Condominium

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: Hwy 72 in Elmwood, South on Woodworth to corner of W Winter, property on the right.
  • Lot Size: 150 x 50
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Year Built: 1960
  • Co List Office Phone: 715-672-4545
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2980.0
  • Living Area: 4080.0
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Basement YN: Yes
  • Below Grade Sq Ft: 1100.0

Exterior Features

  • Foundation Details: Block
  • Waterfront: No
  • Construction Type: Cement Siding

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Elmwood

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 1221023500
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3822.0

Multi Family

  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2022
Sold by
Raven Group Investments Llc
Bought by
Tainter Lake Properties Llc A Wisconsi
Current Estimated Value
$412,158

Purchase Details

Listed on
Jan 4, 2012
Closed on
Nov 17, 2014
Sold by
Kurth Karl A and Kurth Dulcee
Bought by
Raven Group Investments Llc
Seller's Agent
Robert 'RP' Pelke
Prime Realty LLC
Buyer's Agent
Bryan Raven
Chippewa Valley Real Estate, LLC
List Price
$199,000
Sold Price
$77,500
Premium/Discount to List
-$121,500
-61.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.54%

Purchase Details

Closed on
Aug 11, 2011
Sold by
Dahl Katherine M
Bought by
Kurth Karl A and Kurth Dulcee

Purchase Details

Closed on
Feb 28, 2011
Sold by
Kurth Karl A and Kurth Dulcee
Bought by
Dahl Arthur E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 3, 2009
Sold by
Demarce Michael L and Demarce Jeffrey L
Bought by
Kurth Karl A and Kurth Dulee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
4.85%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Tainter Lake Properties Llc A Wisconsi $340,000 Dunn County Title Services, In
Raven Group Investments Llc $77,500 None Available
Kurth Karl A -- None Available
Dahl Arthur E $175,000 Western Wi Title Services Ll
Kurth Karl A -- None Available
Kurth Karl A -- None Available
Demarce Nolan L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raven Group Investments Llc $249,000
Previous Owner Raven Group Investments Llc $130,000
Previous Owner Kurth Karl A $891,000
Previous Owner Dahl Arthur E $155,000
Previous Owner Kurth Karl A $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2014 11/17/14 Sold $77,500 -61.1% $19 / Sq Ft
10/18/2014 10/18/14 Pending -- -- --
01/04/2012 01/04/12 For Sale $199,000 -- $49 / 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 $4,812 $304,600 $9,200 $295,400
2023 $5,305 $304,600 $9,200 $295,400
2022 $4,531 $153,700 $9,200 $144,500
2021 $4,005 $153,700 $9,200 $144,500
2020 $3,671 $153,700 $9,200 $144,500
2019 $3,633 $153,700 $9,200 $144,500
2018 $3,902 $153,700 $9,200 $144,500
2017 $3,891 $153,700 $9,200 $144,500
2016 $3,566 $142,100 $9,200 $132,900
2015 $3,365 $142,100 $9,200 $132,900
2014 $3,286 $142,100 $9,200 $132,900
2013 $3,648 $142,100 $9,200 $132,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 848822

Northwestern Wisconsin Multiple Listing Service

APN: 122-01023-0500