NOT LISTED FOR SALE

407 W Central St Unit 1-8 Chippewa Falls, WI 54729

Estimated Value: $776,024

-- Bed
-- Bath
8,148 Sq Ft
$95/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $407,500 $50 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,829/month

54 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Baseboard Heating

About This Home

As of October 2017

Cash Flowing opportunity with long term tenants. Tuck under garage, New retaining wall constructed along the driveway in 2016. New Roofing July 2015. Two new AC units June 2016, New Washer and Dryer for Unit #1 November 2016, and New Dishwasher in Unit #1 May 2017. Tenant pays all utilities except owner pays for recycling, tenant pays for garbage. Landlord provides Lawn Care and Snow Removal.

Last Agent to Sell the Property

Nick Cernohous

Keller Williams Realty Diversified License #88424-94 Listed on: 08/07/2017

Keller Williams Realty Diversified

Last Buyer's Agent

David Strassman

Riverbend Realty Group, LLC License #76046-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,578

Year Built

  • Built in 1972

Lot Details

  • 0.56

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 8,148 Sq Ft Home
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Cooling Available
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • 0.56 Acre Lot

Community Details

  • 8 Units

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 211 4234

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,578

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: Business Hwy 29 to intersection of Pine St and Main St. North on Pine St. to Left on W Central St. and Property will be on the Left.
  • Lot Size: 0 x 0 x
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1972
  • Lot Size Acres: 0.56
  • Co List Office Phone: 715-834-5271
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 8148.0
  • Architectural Style: Multiplex
  • Reso Fireplace Features: None
  • Living Area: 8148.0
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Poured
  • Waterfront: No
  • Exclusions: Tenants Personal
  • Construction Type: Brick
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Asphalt, Driveway, Garage Door Opener

Utilities

  • Cooling: Window Unit(s), Wall Unit(s), WallWindow Unit(s)
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Chippewa Falls

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 211 4234
  • Zoning Description: Residential-Multifamily
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6578.19

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Oct 30, 2017
Sold by
Marquardt Properties Llc
Bought by
Investment Group Llc
Seller's Agent
Nick Cernohous
Keller Williams Realty Diversified
Buyer's Agent
David Strassman
Riverbend Realty Group, LLC
List Price
$405,000
Sold Price
$407,500
Premium/Discount to List
$2,500
0.62%
Current Estimated Value
$776,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,524
Avg. Annual Appreciation
6.87%
Original Mortgage
$350,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 10, 2016
Sold by
J W Thill Inc
Bought by
Marquardt Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Investment Group Llc $407,500 None Available
Marquardt Properties Llc $388,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Investment Group Llc $350,000
Previous Owner Marquardt Properties Llc $310,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $407,500 +0.6% $50 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $405,000 -- $50 / Sq Ft
Source: Northwestern 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 $8,567 $412,700 $36,900 $375,800
2023 $7,919 $412,700 $36,900 $375,800
2022 $7,720 $412,700 $36,900 $375,800
2021 $7,287 $412,700 $36,900 $375,800
2020 $7,796 $412,700 $36,900 $375,800
2019 $7,384 $307,100 $33,500 $273,600
2018 $7,201 $307,100 $33,500 $273,600
2017 $6,512 $307,100 $33,500 $273,600
2016 $6,578 $307,100 $33,500 $273,600
2015 $6,571 $307,100 $33,500 $273,600
2014 $6,461 $307,100 $33,500 $273,600
Source: Public Records

Agents Affiliated with this Home

  • Nick Cernohous

    Seller's Agent in 2017

    Nick Cernohous

    Keller Williams Realty Diversified

    (715) 225-0970

    18 in this area

    189 Total Sales

    Nick Cernohous
    Section Image
  • David Strassman

    Buyer's Agent in 2017

    David Strassman

    Riverbend Realty Group, LLC

    (715) 456-1500

    40 in this area

    666 Total Sales

    David Strassman
    Section Image
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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1511137

Northwestern Wisconsin Multiple Listing Service

APN: 22808-0643-50030440

Wisconsin Chippewa County Chippewa Falls 54729

407 W Central St Unit 1-8, Chippewa Falls, WI

This home is located at 407 W Central St Unit 1-8, Chippewa Falls, WI 54729 since 07 August 2017 and is currently estimated at $776,024, approximately $95 per square foot. This property was built in 1972. 407 W Central St Unit 1-8 is a home located in Chippewa County with nearby schools including Hillcrest Elementary School, Chippewa Falls Middle School, and Chippewa Falls High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwestern Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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