NOT LISTED FOR SALE

321 Rice Ave Unit Multi Bayfield, WI 54814

Estimated Value: $423,000 - $461,000

4 Beds
2 Baths
1,782 Sq Ft
$247/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2022

Last sale price $359,900 $202 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,910 / mo

13 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Detached Garage
  • Corner Lot
  • Balcony
  • Views

About This Home

As of August 2022

Beautiful duplex on over a quarter acre corner lot with peek-a-boo Lake Superior view from the upper level. This home has great rental history and can stay a duplex or can easily become a single family home. Each level enjoys a covered porch/balcony to relax with coffee or a glass of wine. Updated interior also includes lovely character with hardwood floors and crown molding. Each level has it's own washer/dryer, water heaters and electric. The basement offers some great storage space as does the detached two-car garage. Just blocks from Lake Superior and all quaint downtown Bayfield has to offer.

Last Agent to Sell the Property

Mirka Nelson

Coldwell Banker Realty - Ashland Listed on: 07/21/2022

Coldwell Banker Realty - Ashland

Last Buyer's Agent

Jenna Galegher

Coldwell Banker Realty - Duluth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1910

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 120x120
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,782 Sq Ft Home
  • Multi-Level Property
  • Partial Basement
  • Property Views

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • Assessor Parcel Number 31720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,143

Year Built

Built in 1910

Lot Details

0.33 Acres

Parking

2

Listing Details

  • Class: MULTI-FAMILY
  • Directions: Going into Bayfield from Hwy 13, turn right on Washington Ave, turn let on 3rd St, property on left on the corner of Rice Ave with sign.
  • L O1 Office Phone1 Number: 715-779-5807
  • Tax Year: 2022
  • Twp Number: 50
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Amenities Exterior: Balcony, Deck
  • Appliances 1: Cooktop, Dryer, Refrigerator, Wall Oven, Washer
  • Appliances 2: Dryer, Range/Stove, Refrigerator, Washer
  • CondoPropertyType: Up & Down
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1782
  • Garage Type: Detached
  • Heat: Forced Air, Natural Gas
  • Laundry: Separate Room
  • Parking Number Garage Spaces: 2
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 4
  • MediaType: Duplex
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1782

Exterior Features

  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Aluminum

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt

Utilities

  • Power Company: Xcel Energy
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Bayfield (WI) #315

Lot Info

  • Estimated Lot Dimensions: 120x120
  • Estimated Number of Acres: 0.33
  • Cultivated Acreage: LSAR
  • Geo Subdivision: WI
  • Lot Description: Corner Lot
  • Parcel Number: 31720

Rental Info

  • Lease Terms: Cash, Conventional
  • Tenant Expense: Electric, Fuel

Tax Info

  • Tax Amount: 4143.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 31, 2022
Sold by
Timothy T Johnson Living Trust Under Ag
Bought by
Nps Llc
Seller's Agent
Mirka Nelson
Coldwell Banker Realty - Ashland
Buyer's Agent
Jenna Galegher
Coldwell Banker Realty - Duluth
List Price
$359,900
Sold Price
$359,900
Current Estimated Value
$439,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,600
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
May 11, 2021
Sold by
Johnson Timothy T
Bought by
Timothy T Johnson And Terese M Lynch As Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3%

Purchase Details

Closed on
Oct 30, 2015
Sold by
Johnson and Terese M
Bought by
Gardner Mary S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nps Llc $359,900 Choice Title Llc
Timothy T Johnson And Terese M Lynch As Trust $206,800 --
Timothy T Johnson And Terese M Lynch As Trust $206,800 --
Gardner Mary S $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timothy T Johnson And Terese M Lynch As Trust --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $359,900 0.0% $202 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $359,900 -- $202 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2025 $7,149 $365,600 $95,900 $269,700
2024 $6,012 $365,600 $95,900 $269,700
2023 $5,837 $365,600 $95,900 $269,700
2022 $4,217 $206,800 $72,500 $134,300
2021 $4,143 $206,800 $72,500 $134,300
2020 $4,534 $206,800 $72,500 $134,300
2019 $4,403 $206,800 $72,500 $134,300
2018 $4,000 $206,800 $72,500 $134,300
2017 $3,917 $206,800 $72,500 $134,300
2016 $3,899 $206,800 $72,500 $134,300
2015 $3,945 $206,800 $72,500 $134,300
2013 $4,040 $206,800 $72,500 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104566

APN: 04-206-2-50-04-13-2-00-127-16600

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