NOT LISTED FOR SALE

3214 Terrace Ct Wausau, WI 54401

Estimated Value: $506,188

16 Beds
8 Baths
-- Sq Ft
0.35 Acres

Last Sold February 29, 2016

Last sale price $265,000

Est. 91% increase in value since last sale

Current estimated payment $3,277/month

Highlights

  • Air Conditioning
  • Baseboard Heating
  • Laundry Facilities
  • Stettin Elementary School Rated A-
  • Utility Room

About This Home

As of February 2016

Very well maintained 8 unit. All units are identical. Each feature 2 bedrooms, one bath and a kitchen dining area. All units currently rent for $450 except one unit which is rented at $750 per month including water and electric.

Last Agent to Sell the Property

Don Hall

ASSIST-2-SELL SUPERIOR SERVICE REALTY License #41157-94 Listed on: 12/21/2015

Last Buyer's Agent

BRADLEY WOLDT

WOLDT COMMERCIAL REALTY LLC License #56821-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 125x120

Home Design

  • Shingle Roof
  • Composition Shingle

Interior Spaces

  • 2-Story Property
  • Utility Room
  • Range
  • Basement

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 291-2907-331-0023

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Additional Remarks: Each unit has their own electric meter and water meter. Each tenant pays their own utilities. The building is all electric heat and electric hot water heaters. There is one separate water and electric meter for the house. There is a full basement. Each unit has their own storage locker. There are 2 coin op washers and 2 coin op dryers included in the purchase.
  • Class: Multi-Family
  • Municipality: Wausau, City of
  • Style: 2 Story
  • Type: Eightplex
  • Year Built: 1982
  • Construction: Horizontal, Composition
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Washer, Dryer
  • Basement: Yes
  • Interior: Cable Hookup

Exterior Features

  • Roof: Shingle

Utilities

  • Heat Type: Baseboard
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Electric
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: No Meter
  • Laundry: Available On Site
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: y
  • Water: y

Schools

  • Wausau Area School Dist: Wausau West

Lot Info

  • Lot Size: 125x120
  • Zoning: Commercial
  • Geo Address Line: 3214 Terrace Ct
  • Geo Primary City: Wausau
  • Geo Quality: 0.95
  • Geo Secondary City: Marathon Co.

Tax Info

  • Tax Amount: 8810
  • Assessor Parcel Number: 291-2907-331-0023
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Koble Gerald A
Bought by
Koble Properties Llc
Current Estimated Value
$506,188

Purchase Details

Listed on
Dec 21, 2015
Closed on
Feb 25, 2016
Sold by
Allied Health Properties Llc
Bought by
Koble Investments Llc
Seller's Agent
Don Hall
ASSIST-2-SELL SUPERIOR SERVICE REALTY
Buyer's Agent
BRADLEY WOLDT
WOLDT COMMERCIAL REALTY LLC
List Price
$329,900
Sold Price
$265,000
Premium/Discount to List
-$64,900
-19.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Source: Public Records

Range of Values:

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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
Koble Properties Llc -- None Listed On Document
Koble Gerald A -- None Listed On Document
Koble Investments Llc $249,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $265,000 -19.7% --
01/12/2016 01/12/16 Pending -- -- --
12/21/2015 12/21/15 For Sale $329,900 -- --
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 $7,378 $576,000 $90,400 $485,600
2023 $9,667 $380,200 $90,400 $289,800
2022 $9,665 $380,200 $90,400 $289,800
2021 $9,353 $380,200 $90,400 $289,800
2020 $9,480 $380,200 $90,400 $289,800
2019 $9,667 $361,600 $75,300 $286,300
2018 $9,532 $361,600 $75,300 $286,300
2017 $9,199 $361,600 $75,300 $286,300
2016 $8,949 $361,600 $75,300 $286,300
2015 $9,173 $361,600 $75,300 $286,300
2014 $8,811 $364,900 $75,300 $289,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Don Hall

    ASSIST-2-SELL SUPERIOR SERVICE REALTY

    (715) 241-7653

    172 Total Sales

    Don Hall
    Section Image

  • B

    Buyer's Agent in 2016

    BRADLEY WOLDT

    WOLDT COMMERCIAL REALTY LLC

    Section Image

  • E

    Buyer Co-Listing Agent in 2016

    Elizabeth Stonelake

    WOLDT COMMERCIAL REALTY LLC

    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1507724

Central Wisconsin Multiple Listing Service

APN: 291-2907-331-0023

Wisconsin Marathon County Wausau 54401

3214 Terrace Ct, Wausau, WI

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