NOT LISTED FOR SALE

385 Hillside Rd Rhinelander, WI 54501

Estimated Value: $187,000 - $232,000

4 Beds
2 Baths
1,870 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $72,000 $39 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $1,297/month

464 Days on Market

Highlights

  • Recreation Facilities
  • Patio
  • Carpet
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of June 2019

Tenants pay the mortgage while you collect the rent on this 4 bedroom 2 bath duplex located in a prime neighborhood close to downtown. This property will generate a positive cash flow for investors. Rent for the lower unit is $700 per month and the upper units rent is $550. Because of unusual circumstances you may want to strike while the iron is HOT!

Last Agent to Sell the Property

Kathy Dolch

PINE POINT REALTY License #51655 - 90 Listed on: 02/21/2018

Last Buyer's Agent

KATHY FLANNERY

INTEGRITY REALTORS, LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 117x138
  • Sloped Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,870 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Crescent Elementary School
  • J. Williams Middle School
  • Rhinelander High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number RH 2444

Property Details

Home Type

Multi-Family

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size: 117x138
  • Road Frontage Type: Town Road
  • Ownership: Fee Simple
  • Directions: Lincoln St to Courtney St, left onto Davenport St, left onto Pelican St, left onto High View Parkway, Left onto Hillside Rd and property is on the left
  • Above Grade Finished Sq Ft: 1870.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl

Exterior Features

  • Lot Features: Sloped
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage, Storage, Driveway
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area

Schools

  • Elementary School: ON Crescent
  • High School: ON Rhinelander
  • Middle Or Junior School: ON J. Williams

Lot Info

  • Lot Size Sq Ft: 16117.0
  • Parcel #: RH 2444
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2044.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jun 5, 2019
Sold by
Seek First Llc
Bought by
Gomez Jose M and Gomez Carol L
Seller's Agent
Kathy Dolch
PINE POINT REALTY
Buyer's Agent
KATHY FLANNERY
INTEGRITY REALTORS, LLC
List Price
$84,500
Sold Price
$72,000
Premium/Discount to List
-$12,500
-14.79%
Current Estimated Value
$209,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,715
Avg. Annual Appreciation
17.67%
Original Mortgage
$70,695
Outstanding Balance
$62,283
Interest Rate
4.2%
Mortgage Type
FHA
Estimated Equity
$147,432
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
Gomez Jose M $72,000 Northern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Jose M $70,695
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2019 06/05/19 Sold $72,000 -14.8% $39 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
02/21/2018 02/21/18 For Sale $84,500 -- $45 / Sq Ft
Source: Greater Northwoods MLS

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 $2,384 $97,400 $15,200 $82,200
2023 $2,298 $97,400 $15,200 $82,200
2022 $1,698 $97,400 $15,200 $82,200
2021 $2,275 $97,400 $15,200 $82,200
2020 $2,183 $97,400 $15,200 $82,200
2019 $2,051 $97,400 $15,200 $82,200
2018 $2,031 $97,400 $15,200 $82,200
2017 $2,044 $97,400 $15,200 $82,200
2016 $2,147 $97,400 $15,200 $82,200
2015 $2,075 $97,400 $15,200 $82,200
2014 $2,075 $97,400 $15,200 $82,200
2011 $2,132 $97,400 $15,200 $82,200
Source: Public Records

Agents Affiliated with this Home

  • Kathy Dolch

    Seller's Agent in 2019

    Kathy Dolch

    PINE POINT REALTY

    (715) 499-3111

    61 in this area

    138 Total Sales

    Kathy Dolch
    Section Image

  • K

    Buyer's Agent in 2019

    KATHY FLANNERY

    INTEGRITY REALTORS, LLC

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Map

Source: Greater Northwoods MLS

MLS Number: 169862

Greater Northwoods MLS

APN: 27601-2444-0000

Wisconsin Oneida County Rhinelander 54501

385 Hillside Rd, Rhinelander, WI

Not Listed for Sale

MultiFamily

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