NOT LISTED FOR SALE

403 S 1st Ave Edgar, WI 54426

Estimated Value: $178,000 - $199,000

4 Beds
2 Baths
-- Sq Ft
0.33 Acres

Last Sold March 16, 2020

Last sale price $115,100

Est. 67% increase in value since last sale

Current estimated payment $1,152/month

4 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Laundry Room
  • 1-Story Property
  • Utility Room

About This Home

As of March 2020

Duplex for sale! Located at the end of a quiet dead-end road! Great owner-occupy opportunity or rental investment! This duplex features an updated roof - Dunrite (2012), vinyl siding, semi-new vinyl windows, updated exterior doors w/ blinds between the glass, 1-car garage (underneath each unit) & additional paved parking space per unit. The left unit (unit A) was owner-occupied & features 3 bds, 1 ba, included kitchen appliances, updated sink faucet, updated toilet (2018), tile flooring in bath (2019).

Last Agent to Sell the Property

Austin Solomon

COLDWELL BANKER ACTION License #81433-94 Listed on: 02/10/2020

COLDWELL BANKER ACTION

Last Buyer's Agent

Austin Solomon

COLDWELL BANKER ACTION License #81433-94 Listed on: 02/10/2020

COLDWELL BANKER ACTION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120x120

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Utility Room
  • Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Storage
  • Natural lighting in basement

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Separate Water Meter
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 121-2805-073-9892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,172

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Additional Remarks: The sellers also added shelving to the living room close (to make a pantry) & built-in stair shelving for additional storage. The right unit (unit B) features 1 bd, 1 ba and is currently rented at $380 / mo. Each unit includes a lower level mechanical / laundry room w/ included washer, dryer and utility sink, and clean storage space. All utilities are separate (not currently included in the rent). Village of Edgar municipal water, sewer, utility and garbage (quarterly billing). The sellers converted the duplex to have 3-beds on the left unit and 1-bed on the right unit other by opening up the adjoining bedroom and covering the connecting wall w/ styrofoam & drywall to help with noise reduction. This could easily be converted back upon the new owner’s goals / plans. The property also includes a storage shed (approx. 10’x12’) w/ steel roof, smaller storage shed and a fenced-in perennial garden w/ a nice yard w/ great mature tree privacy! Great location walking distance to the local Edgar IGA grocery store and R-Store gas station and nearby Scotch Creek Park & Shortner Athletic Park.
  • Class: Multi-Family
  • Municipality: Edgar, Village of
  • Style: 1 Story
  • Type: Duplex
  • Year Built: 1972
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range
  • Basement: Yes
  • Interior: Carpet, Laminate, Tile Floors, Vinyl Floors
  • Basement Type: Daylight Window, Poured Concrete, Storage Area, Unfinished

Exterior Features

  • Roof: Shingle
  • Patio Deck: Deck

Garage/Parking

  • Garage Capacity: 2
  • Parking: 2 Space, Blacktop/Asphalt, Off Street
  • Garage: Built-in under Home

Utilities

  • Cooling: Central Air
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Natural Gas
  • Septic Type: City
  • Water: Separate Meter
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Available On Site, Hook-up in All, Individual Laundry Room
  • Separate Electricity: Y
  • Separate Heat: Y

Schools

  • Wausau Area School Dist: Edgar

Lot Info

  • Acreage: .33
  • Lot Size: 120X120
  • Zoning: Residential
  • Present Use: Rental Property
  • Geo Address Line: 403 S 1st Ave
  • Geo Primary City: Edgar
  • Geo Quality: 1

Tax Info

  • Tax Amount: $2172
  • Assessor Parcel Number: 121-2805-073-9892
  • Tax Year: 2019

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Mar 16, 2020
Sold by
Krueger Scott A and Krueger Debra L
Bought by
Soda Creek Enterprises Llc
Seller's Agent
Austin Solomon
COLDWELL BANKER ACTION
Buyer's Agent
Austin Solomon
COLDWELL BANKER ACTION
List Price
$109,900
Sold Price
$115,100
Premium/Discount to List
$5,200
4.73%
Current Estimated Value
$192,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,025
Avg. Annual Appreciation
8.67%
Original Mortgage
$92,080
Outstanding Balance
$80,680
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$107,492
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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Purchase History

Date Buyer Sale Price Title Company
Soda Creek Enterprises Llc $115,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soda Creek Enterprises Llc $92,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $115,100 +4.7% --
02/10/2020 02/10/20 For Sale $109,900 -- --
Source: Central Wisconsin Multiple Listing Service

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 $1,865 $114,000 $14,400 $99,600
2023 $1,967 $114,000 $14,400 $99,600
2022 $2,049 $114,000 $14,400 $99,600
2021 $2,060 $114,000 $14,400 $99,600
2020 $2,218 $114,000 $14,400 $99,600
2019 $2,172 $114,000 $14,400 $99,600
2018 $2,357 $114,000 $14,400 $99,600
2017 $2,196 $114,000 $14,400 $99,600
2016 $2,144 $114,000 $14,400 $99,600
2015 $2,199 $114,000 $14,400 $99,600
2014 $2,097 $114,000 $14,400 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22000607

Central Wisconsin Multiple Listing Service

APN: 121-2805-073-9892