NOT LISTED FOR SALE

409 N Shawano St New London, WI 54961

Estimated Value: $139,000 - $151,696

5 Beds
3 Baths
2,118 Sq Ft
$69/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $100,000 $47 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $941/month

149 Days on Market

About This Home

As of January 2022

Attn Investors this Tri-plex has offers great cash flow with low overhead The long term tenants prove the rentability. There is ample parking for tenants and their guests. The location is near restaurants and stores. The city has this zoned for commercial as well as multi-family. The city assessor verified sq footage of the building. Buyers may verify the square footage of each unit. 24 hour notice for showings. Tenants may be present. May be sold as a pkg deal with the Duplex next door located at 415 N Shawano St for $190,000 Per Seller flood insurance is $813/year and the Water bill averages $98 per month. Sold as is motivated seller

Last Buyer's Agent

Laura Luedtke

LPT Realty License #94-84068

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,804

Year Built

  • 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x120

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 2,118 Sq Ft Home
  • 1.5-Story Property

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,804

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: 1.5 Story, 2 Up and Down
  • Tax Municipality: New London, City of
  • Remarks Exclusions Public: Window A/C , Seller and Tenants Personal Property
  • Remarks Inclusions Public: 3 STOVES, 3 REFRIGERATORS
  • Total Units: 3
  • Unit Identifier: City of New London
  • Remarks Public: Attn Investors this Tri-plex has offers great cash flow with low overhead The long term tenants prove the rentability. There is ample parking for tenants and their guests. The location is near restaurants and stores. The city has this zoned for commercial as well as multi-family. The city assessor verified sq footage of the building. Buyers may verify the square footage of each unit. 24 hour notice for showings. Tenants may be present. May be sold as a pkg deal with the Duplex next door located at 415 N Shawano St for $190,000 Per Seller flood insurance is $813/year and the Water bill averages $98 per month. Sold as is motivated seller
  • Tax Municipal Sub Area: None
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 2118
  • Sq Ft Total Fin Above And Below: 2118
  • Price Per Sq Ft: 47.21

Exterior Features

  • Exterior Finish Of Building: Brick
  • Foundation For Building: Stone

Garage/Parking

  • Number Of Total Parking Outside: 6

Utilities

  • Utilities: Sep Elec Meters/Unit, Sep Gas Meter/Unit
  • Heating Cooling: Forced Air
  • Heating Fuel Type: Natural Gas
  • Number Of Furnaces: 1
  • Number of Ranges: 3
  • Number Of Water Heaters: 3
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water
  • Monthly Water Expense: 1920

Schools

  • School District: New London

Lot Info

  • Estimated Acres: 0.17
  • Flood Plain: Yes
  • Lot Description: Sidewalk
  • Estimated Lot Dimensions: 60x120
  • Zoning: Commercial, Multi-Family(3Units)
  • Geo Address Line: 409 N Shawano St
  • Geo Primary City: New London
  • Geo Quality: 0.95
  • Geo Subdivision: WI
  • Geo Zoom Level: 16

Tax Info

  • Assessor Parcel Number: 331271188
  • Tax Net Amt: 1804
  • Tax Year: 2020

Multi Family

  • Number Of Refrigerators: 3
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2009
Sold by
Weyenberg Gerald P
Bought by
G L W Investments Llc
Current Estimated Value
$145,348

Purchase Details

Closed on
Jun 2, 2006
Sold by
Spence James W
Bought by
Weyenberg Gerald P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.66%
Mortgage Type
Purchase Money 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
G L W Investments Llc -- None Available
Weyenberg Gerald P $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weyenberg Gerald P $67,150
Previous Owner Weyenberg Gerald P $94,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $100,000 -20.0% $47 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
09/10/2021 09/10/21 Price Changed $125,000 -3.8% $59 / Sq Ft
08/10/2021 08/10/21 For Sale $130,000 -- $61 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

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 $1,799 $77,700 $16,500 $61,200
2023 $1,799 $77,700 $16,500 $61,200
2022 $1,765 $77,700 $16,500 $61,200
2021 $1,802 $77,700 $16,500 $61,200
2020 $1,804 $77,700 $16,500 $61,200
2019 $1,784 $77,700 $16,500 $61,200
2018 $1,696 $77,700 $16,500 $61,200
2017 $1,721 $77,700 $16,500 $61,200
2016 $1,721 $72,500 $16,500 $56,000
2015 $1,889 $72,500 $16,500 $56,000
2014 $1,645 $72,500 $16,500 $56,000
2013 $1,687 $72,500 $16,500 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50246121

REALTORS® Association of Northeast Wisconsin

APN: 33-12-71-188