NOT LISTED FOR SALE

3308 Dixon St Stevens Point, WI 54481

12 Beds
9 Baths
-- Sq Ft
0.31 Acres

Last Sold April 20, 2018

Last sale price $385,000

Highlights

  • Brick or Stone Mason
  • Ceiling Fan
  • Baseboard Heating
  • Air Conditioning

About This Home

As of April 2018

This is a hard to find six-plex with outstanding rental history. Rental history is a result of the care and maintenance of owner over several decades. Property generates an impressive 27.3% return on investment and a 8.32 CAP rate. See Investment Analysis in associated docs. Owners are consolidating their portfolio and are ready to sell this property as in addition to 3 duplexes also for sale on Minnesota Ave.

Last Agent to Sell the Property

Jim Buck

RE/MAX Central License #49475-90 Listed on: 02/02/2018

RE/MAX Central

Last Buyer's Agent

Heidi Mancheski

FIRST WEBER License #58444-90

FIRST WEBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,679

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 134x100

Parking

  • 6 Car Garage

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Range
  • Dishwasher

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 6 Units
  • Net Operating Income $36,598

Listing and Financial Details

  • Assessor Parcel Number 24-0833401606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,679

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Additional Remarks: "Seller is a licensed real estate broker in the State of Wisconsin."
  • Class: Multi-Family
  • Municipality: Stevens Point, City of
  • Style: 2 Story
  • Type: Sixplex
  • Year Built: 1966
  • Construction: Brick, Vinyl
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher
  • Basement: Yes
  • Interior: Ceiling Fan(s)

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 6

Utilities

  • Fuel Type: Natural Gas
  • Heat Type: Baseboard
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Septic Type: Municipal
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Hook-up in All
  • Separate Electricity: Y
  • Separate Heat: Y
  • Utilities Sewer: Y
  • Water: Y

Schools

  • Stevens Pt Area Sch Dist: Stevens Point A
  • Stevens Pt School Elem: Washington
  • Stevens Pt School Jr High: P.J. Jacobs

Lot Info

  • Lot Size: 134x100
  • Zoning: Commercial
  • Present Use: Rental
  • Geo Address Line: 3308 Dixon St
  • Geo Primary City: Stevens Point
  • Geo Quality: 0.95
  • Geo Secondary City: Portage

Rental Info

  • Annual Rent: 50,700

Tax Info

  • Tax Amount: 5679
  • Assessor Parcel Number: 24-0833401606
  • Tax Year: 2017

Multi Family

  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Hastings Property Group Llc
Bought by
Access Plus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$400,682
Interest Rate
3.05%
Mortgage Type
New Conventional
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
Access Plus Llc $1,567 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Access Plus Llc $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $385,000 -2.5% --
02/02/2018 02/02/18 For Sale $395,000 -- --
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 $105 $545,000 $40,100 $504,900
2023 $0 $545,000 $40,100 $504,900
2022 $6,620 $257,900 $30,000 $227,900
2021 $6,428 $257,900 $30,000 $227,900
2020 $6,395 $257,900 $30,000 $227,900
2019 $6,356 $257,900 $30,000 $227,900
2018 $5,921 $257,900 $30,000 $227,900
2017 $5,679 $257,900 $30,000 $227,900
2016 $6,016 $243,700 $36,000 $207,700
2015 $6,050 $243,700 $36,000 $207,700
2014 $5,893 $243,700 $36,000 $207,700
Source: Public Records

Agents Affiliated with this Home

  • Jim Buck

    Seller's Agent in 2018

    Jim Buck

    RE/MAX

    (715) 340-1951

    28 in this area

    56 Total Sales

    Jim Buck
    Section Image
  • Heidi Mancheski

    Buyer's Agent in 2018

    Heidi Mancheski

    FIRST WEBER

    (715) 498-9197

    230 in this area

    595 Total Sales

    Heidi Mancheski
    Section Image
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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 1800640

Central Wisconsin Multiple Listing Service

APN: 281-24-0833401606

Wisconsin Portage County Stevens Point 54481

3308 Dixon St, Stevens Point, WI

Not Listed for Sale

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