NOT LISTED FOR SALE

308 S Cherry Ave Marshfield, WI 54449

Estimated Value: $174,654 - $234,000

5 Beds
3 Baths
2,388 Sq Ft
$81/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $155,000 $65 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,256/month

85 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Hot Water Heating System
  • Marshfield High School Rated A

About This Home

As of May 2022

RENTAL INVESTMENT OPPORTUNITY...don't wait for stock market adjustments by diversifying your investment portfolio now. Unlike other two-story duplexes, this one features front & rear units (not upper & lower units) making for easier renting. 4BRs, 1.5BAs (laundry hook-ups in full bath), spacious living spaces & plenty of closets in the front unit plus a 1BR, 1BA unit in back w/laundry hook-ups in basement make this perfect to rent to a family w/an attached mother-in-law or college student's aptmt. Each unit has 1 parking space in the det 2-car garage plus addt'l exterior spaces & a ramped wooden walkway to the separate covered back entrances. With updated vinyl siding, windows, shingles & metal roof over the front porch plus separate utilities paid by each tenant and monthly rents totaling $1470, this fully leased duplex makes sense for you to own now!

Last Agent to Sell the Property

Sharon Helwig

RE/MAX AMERICAN DREAM License #41502-90 Listed on: 01/04/2022

RE/MAX AMERICAN DREAM

Last Buyer's Agent

Sharon Helwig

RE/MAX AMERICAN DREAM License #41502-90 Listed on: 01/04/2022

RE/MAX AMERICAN DREAM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1882

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 63x157

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Unfinished Basement
  • Stone or Rock in Basement
  • Range
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3300951

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,595

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Additional Comments: LLC
  • Additional Remarks: Directions: S on Central Ave-E on 4th St-N on Cherry Ave-Property on West side
  • Class: Multi-Family
  • Municipality: Marshfield, City of
  • Style: 2 Story
  • Type: Duplex
  • Year Built: 1882
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Below Grade Sq Ft: 1403
  • Finished Above Grade Sq Ft: 2388
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Basement: Yes
  • Interior: Window Treatments
  • Basement Type: Stone, Unfinished

Exterior Features

  • Roof: Metal, Shingle
  • Patio Deck: Porch

Garage/Parking

  • Garage Capacity: 2
  • Garage: Detached

Utilities

  • Fuel Type: Electric, Natural Gas
  • Heat Type: Hot Water
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Electric, Natural Gas
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Hook-up in All
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: Y
  • Water: City

Schools

  • Marshfield Area Sch Dist: Marshfield

Lot Info

  • Acreage: 0.23
  • Lot Size: 63x157
  • Zoning: Residential
  • Present Use: Rental
  • Geo Address Line: 308 S Cherry Ave
  • Geo Primary City: Marshfield
  • Geo Quality: 1

Tax Info

  • Tax Amount: 2594.6
  • Assessor Parcel Number: 3300951
  • Tax Year: 2021

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
May 11, 2022
Sold by
Central Wisconsin Properties Llc
Bought by
Cherry Ave Llc
Seller's Agent
Sharon Helwig
RE/MAX AMERICAN DREAM
Buyer's Agent
Sharon Helwig
RE/MAX AMERICAN DREAM
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Current Estimated Value
$192,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,914
Avg. Annual Appreciation
6.16%
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
Cherry Ave Llc $155,000 Badger Title - Marshfield Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $155,000 -8.8% $65 / Sq Ft
01/04/2022 01/04/22 For Sale $169,900 -- $71 / Sq Ft
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 $2,976 $160,300 $29,700 $130,600
2023 $2,627 $160,300 $29,700 $130,600
2022 $2,715 $102,000 $17,300 $84,700
2021 $2,537 $102,000 $17,300 $84,700
2020 $2,488 $102,000 $17,300 $84,700
2019 $2,397 $102,000 $17,300 $84,700
2018 $2,312 $102,000 $17,300 $84,700
2017 $2,295 $102,000 $17,300 $84,700
2016 $2,282 $102,000 $17,300 $84,700
2015 $2,269 $102,000 $17,300 $84,700
Source: Public Records

Agents Affiliated with this Home

  • Sharon Helwig

    Seller's Agent in 2022

    Sharon Helwig

    RE/MAX

    (715) 305-9971

    181 Total Sales

    Sharon Helwig
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22200069

Central Wisconsin Multiple Listing Service

APN: 3300951

Wisconsin Wood County Marshfield 54449

308 S Cherry Ave, Marshfield, WI

Not Listed for Sale

MultiFamily

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