$170,000
SOLD MAY 12, 2023

316 S 7th Ave Wausau, WI 54401

Westies Neighborhood
5 Beds
2 Baths
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

5 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of May 2025

Investor alert! This is a very clean money maker on Wausau’s west side! Both units are occupied and under lease with the upper paying 1050 and the main floor paying 675 per month. Tenants are paying for electric and gas with sewer/water being paid by LL. The basement has storage areas for both units and laundry hookups. Off street parking behind the building is an added bonus. Lots of updates in both units and a great rental history make this one a no brainer Call for your showing today!

Last Agent to Sell the Property

Larkin Real Estate Group

FIRST WEBER Listed on: 04/01/2023

FIRST WEBER

Last Buyer's Agent

Dakota Karlen

JONES REAL ESTATE GROUP License #59470 - 90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1915

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x118

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Parking

  • Common or Shared Parking
  • Outside Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 291-2907-263-0567

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,499

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 04/03/2023
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Duplex
  • Year Built: 1915
  • Construction: Wood
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Patio Deck: Porch

Garage/Parking

  • Parking: Off Street, Outdoor Space, Shared

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Available On Site
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: Y
  • Water Included: Y

Lot Info

  • Acreage: .16
  • Lot Size: 60x118
  • Zoning: Residential
  • Geo Address Line: 316 S 7th Ave
  • Geo Primary City: Wausau
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Annual Rent: 20700

Tax Info

  • Tax Amount: 2499
  • Assessor Parcel Number: 291-2907-263-0567
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
May 28, 2025
Sold by
Brown Cassandra
Bought by
Irwin Investments Llc
Seller's Agent
RISE REAL ESTATE TEAM
JONES REAL ESTATE GROUP
Buyer's Agent
RISE REAL ESTATE TEAM
JONES REAL ESTATE GROUP
List Price
$194,900
Sold Price
$185,000
Premium/Discount to List
-$9,900
-5.08%
Views
79
Current Estimated Value
$187,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,857
Avg. Annual Appreciation
5.07%
Original Mortgage
$145,840
Outstanding Balance
$145,592
Interest Rate
6.83%
Mortgage Type
Credit Line Revolving
Estimated Equity
$42,265

Purchase Details

Listed on
Apr 1, 2023
Closed on
May 12, 2023
Sold by
Atlas Apartments Llc A Wisconsin Limit
Bought by
Brown Cassandra
Seller's Agent
Larkin Real Estate Group
FIRST WEBER
Buyer's Agent
Dakota Karlen
JONES REAL ESTATE GROUP
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Nov 17, 2021
Sold by
Gbs Ventures Llc
Bought by
Atlas Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2014
Sold by
316 Properties Llc
Bought by
Gbs Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,365
Interest Rate
4.28%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 6, 2011
Sold by
Digman Rodney J and Digman George H
Bought by
316 Properties Llc
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 Type Sale Price Title Company
Warranty Deed $185,000 Avenue Title Services
Warranty Deed $170,000 Brooke Billmeyer
Warranty Deed $395,000 Knight Barry Title
Warranty Deed $70,000 Ratco
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,840 Credit Line Revolving
Previous Owner $395,000 Commercial
Previous Owner $238,365 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $185,000 -5.1% --
04/10/2025 04/10/25 For Sale $194,900 +14.6% --
05/12/2023 05/12/23 Sold $170,000 +0.1% --
04/01/2023 04/01/23 For Sale $169,900 -- --
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 $3,383 $178,400 $17,100 $161,300
2023 $2,499 $100,600 $16,500 $84,100
2022 $2,499 $100,600 $16,500 $84,100
2021 $2,418 $100,600 $16,500 $84,100
2020 $2,455 $100,600 $16,500 $84,100
2019 $2,494 $95,400 $10,800 $84,600
2018 $2,458 $95,400 $10,800 $84,600
2017 $2,371 $95,400 $10,800 $84,600
2016 $2,306 $95,400 $10,800 $84,600
2015 $2,460 $99,100 $10,800 $88,300
2014 $2,581 $109,000 $16,500 $92,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    RISE REAL ESTATE TEAM

    JONES REAL ESTATE GROUP

    (715) 680-0019

    4 in this area

    160 Total Sales

    RISE REAL ESTATE TEAM
    Section Image
  • Dakota Karlen

    Seller Co-Listing Agent in 2025

    Dakota Karlen

    JONES REAL ESTATE GROUP

    (715) 680-0019

    7 in this area

    148 Total Sales

    Dakota Karlen
    Section Image

  • L

    Seller's Agent in 2023

    Larkin Real Estate Group

    FIRST WEBER

    (715) 573-8625

    15 in this area

    412 Total Sales

    Larkin Real Estate Group
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22231010

Central Wisconsin Multiple Listing Service

APN: 291-2907-263-0567

Wisconsin Marathon County Wausau 54401 Westies

316 S 7th Ave, Wausau, WI

This home is located at 316 S 7th Ave, Wausau, WI 54401 and is currently priced at $170,000. This property was built in 1915. 316 S 7th Ave is a home located in Marathon County with nearby schools including Lincoln Elementary School, John Muir Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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