NOT LISTED FOR SALE

408 W Elm St Unit 1-2 Chippewa Falls, WI 54729

Estimated Value: $165,735 - $266,000

-- Bed
-- Bath
1,546 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $129,900 $84 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,268/month

94 Days on Market

Highlights

  • Forced Air Heating System
  • Baseboard Heating
  • Wood Siding

About This Home

As of March 2021

Excellent cash flow opportunity in this West Hill duplex! Lower unit has been completely remodeled, new bathroom, flooring, paint, and more! Garage roof new 2010, house roof in 2006. Exceptionally large bedrooms. Forced air furnace on main floor and electric baseboard in upper unit. 2 car garage is shared by the tenants. Owner pays water/sewer and garbage, other utilities are tenant responsibility. Agent is related to Seller. Seller is a licensed real estate agent.

Last Agent to Sell the Property

Brooke Mills

Homestead Realty License #81490-94 Listed on: 10/27/2020

Homestead Realty

Last Buyer's Agent

Patrick Rebman

Chippewa Valley Real Estate, LLC License #58078-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 1884

Lot Details

  • 6,098

Parking

  • Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 1,546 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 22808-0622-60151811

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,019

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Directions: Bridge St to W on Elm St -or- Wheaton St to E on Elm St
  • Lot Size: 124 x 50 x
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1884
  • Co List Office Phone: 800-339-4444
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1546.0
  • Reso Fireplace Features: None
  • Living Area: 1546.0
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 832.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Basement YN: Yes
  • Fireplace: No

Exterior Features

  • Foundation Details: Stone
  • Waterfront: No
  • Exclusions: Tenants Personal
  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: None
  • Heating: Baseboard, Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Chippewa Falls

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 22808-0622-60151811
  • Zoning Description: Residential-Duplex
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2019.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Mar 1, 2021
Sold by
Mills Glen W
Bought by
Vinmans John and Brown Marissa
Seller's Agent
Brooke Mills
Homestead Realty
Buyer's Agent
Patrick Rebman
Chippewa Valley Real Estate, LLC
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%
Total Days on Market
94
Current Estimated Value
$196,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,784
Avg. Annual Appreciation
10.18%
Original Mortgage
$95,250
Outstanding Balance
$86,349
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$110,335

Purchase Details

Closed on
Dec 13, 2013
Sold by
Wogahn Mary Lu
Bought by
Mills Glen W
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
Vinmans John $127,000 None Available
Mills Glen W $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinmans John $95,250
Previous Owner Mills Glen W $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $129,900 -7.1% $84 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
10/27/2020 10/27/20 For Sale $139,900 -- $90 / 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 $2,026 $99,600 $15,500 $84,100
2023 $1,871 $99,600 $15,500 $84,100
2022 $1,654 $99,600 $15,500 $84,100
2021 $1,718 $99,600 $15,500 $84,100
2020 $2,617 $99,600 $15,500 $84,100
2019 $1,776 $70,400 $11,700 $58,700
2018 $1,620 $70,400 $11,700 $58,700
2017 $1,450 $70,400 $11,700 $58,700
2016 $1,464 $70,400 $11,700 $58,700
2015 $1,461 $70,400 $11,700 $58,700
2014 $1,435 $70,400 $11,700 $58,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1548448

Northwestern Wisconsin Multiple Listing Service

APN: 22808-0622-6015-1811