NOT LISTED FOR SALE

408 3rd St E Ashland, WI 54806

Estimated Value: $162,142 - $179,000

-- Bed
-- Bath
-- Sq Ft
3,485 Sq Ft Lot

Last Sold November 14, 2022

Last sale price $130,000

Est. 30% increase in value since last sale

Current estimated payment $1,110/month

55 Days on Market

About This Home

As of November 2022

This upstairs downstairs duplex has recently been completely remodeled. New floors throughout, remodeled bathrooms, new paint, siding and roof repair, separate electrical meters, separate water meters, and several additional features make this a rental property that will generate positive cashflow for years to come. Great floorplans in both units. Each unit contains a large living space, a separate kitchen, at least one oversized bedroom, and a large and well laid out bathroom with a full size bathtub. Newer windows bring great light into the spaces, and there is even a small view of lake Superior from the upper unit living room and smaller bedroom. All rooms have windows and a comfortable layout. The only utility not split is the gas, and there is a space built in ready for furnace installation for the upstairs unit with easy accessibility to run ductwork through the attic. Great downtown location with a history of good tenants.

Last Agent to Sell the Property

Kevin Porter

Porter Realty LLC Listed on: 07/13/2022

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,219

Year Built

1950

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Go East on Main St, turn right on Prentice Ave, then turn left on 3rd. Sign on the property
  • New Construction: No
  • Year Built: 1950
  • Cleared Acreage: >= 5, >= 10, >= 20, < 1/2, >= 1/2, >= 1
  • Full Street Address: 408 3rd St E
  • Lot Acreage: 0.08
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Exterior Building Type: Duplex, Duplex - Up Down, 2 Story

Condo/Co-op/Association

  • Stories in Building: 2

Schools

  • School District: Ashland
  • Junior High Dist: Ashland

Lot Info

  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 1856.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Nov 11, 2022
Sold by
Equitee Llc A Wisconsin Limited Liabili
Bought by
Sheth Sanjiv and Sheth Jigisha
Seller's Agent
Kevin Porter
Porter Realty LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$169,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,036
Avg. Annual Appreciation
10.06%

Purchase Details

Listed on
Mar 27, 2019
Closed on
Aug 7, 2019
Sold by
Schmidt John F and Schmidt Joanne
Bought by
Equitee Llc
Seller's Agent
Kevin Porter
Porter Realty LLC
Buyer's Agent
Kevin Porter
Porter Realty LLC
List Price
$49,900
Sold Price
$35,000
Premium/Discount to List
-$14,900
-29.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.37%
Original Mortgage
$49,009
Interest Rate
3.73%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Sheth Sanjiv $130,000 Gowey Abstract & Title Company
Equitee Llc $35,000 Midwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Equitee Llc $49,009
Previous Owner Schmidt John F $289,000
Previous Owner Schmidt John F $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $130,000 0.0% --
09/06/2022 09/06/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $130,000 0.0% --
02/19/2020 02/19/20 Rented $825 +3.1% --
02/19/2020 02/19/20 Under Contract -- -- --
02/19/2020 02/19/20 For Rent $800 0.0% --
08/09/2019 08/09/19 Sold $35,000 -29.9% $18 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $49,900 -- $26 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $2,219 $81,000 $4,700 $76,300
2023 $1,997 $81,000 $4,700 $76,300
2022 $1,943 $81,000 $4,700 $76,300
2021 $1,856 $81,000 $4,700 $76,300
2020 $1,459 $58,300 $4,700 $53,600
2019 $1,437 $58,300 $4,700 $53,600
2018 $1,376 $58,300 $4,700 $53,600
2017 $1,778 $58,300 $4,700 $53,600
2016 $1,429 $58,300 $4,700 $53,600
2015 $1,432 $58,300 $4,700 $53,600
2014 $1,280 $58,300 $4,700 $53,600
2013 $1,368 $58,300 $4,700 $53,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104236

APN: 201-01722-0000