NOT LISTED FOR SALE

409 Thayer St Rhinelander, WI 54501

Estimated Value: $107,000 - $214,000

4 Beds
2 Baths
1,400 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 06, 2015

Last sale price $11,000 $8 Per Sq Ft

Est. 1,359% increase in value since last sale

Current estimated payment $900/month

101 Days on Market

About This Home

As of May 2015

City Duplex located just a couple of blocks from downtown. Lower unit has 3 bedrooms and a bath while the upper is a 1 bedroom apartment. With a little elbow grease someone will have a great investment property.

Last Agent to Sell the Property

Joe Flanders

FLANDERS REALTY GROUP License #52852 - 90 Listed on: 11/17/2014

Last Buyer's Agent

BETH POAST

RE/MAX INVEST, LLC

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Well
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number RH 1418

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Ownership: Fee Simple
  • Directions: 409 Thayer St.
  • Above Grade Finished Sq Ft: 1400.0
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Roof: Composition, Shingle

Utilities

  • Heating: Forced Air, Natural Gas, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Phone Available
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: RH 1418
  • Zoning Description: Other

Tax Info

  • Tax Annual Amount: 1208.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2025
Sold by
Dsc Group Llc
Bought by
Rosewood Rentals Llc
Current Estimated Value
$160,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Outstanding Balance
$568,000
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$407,500

Purchase Details

Closed on
Apr 1, 2025
Sold by
D & B Management Co Llc
Bought by
Dsc Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2014
Closed on
May 27, 2015
Sold by
Tegen Bart
Bought by
D&B Management Co Llc
Seller's Agent
Joe Flanders
FLANDERS REALTY GROUP
Buyer's Agent
BETH POAST
RE/MAX INVEST, LLC
List Price
$20,000
Sold Price
$11,000
Premium/Discount to List
-$9,000
-45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.41%

Purchase Details

Closed on
Apr 3, 2014
Sold by
Litzen Bradley A
Bought by
Tegen Bart
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rosewood Rentals Llc $568,000 None Listed On Document
Dsc Group Llc $850,000 Northwoods Title
D&B Management Co Llc $11,000 --
Tegen Bart $49,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosewood Rentals Llc $568,000
Previous Owner Dsc Group Llc $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2015 05/06/15 Sold $11,000 -45.0% $8 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $20,000 -- $14 / Sq Ft
Source: Greater Northwoods MLS

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 $822 $33,600 $7,300 $26,300
2023 $793 $33,600 $7,300 $26,300
2022 $615 $33,600 $7,300 $26,300
2021 $785 $33,600 $7,300 $26,300
2020 $635 $33,600 $7,300 $26,300
2019 $660 $33,600 $7,300 $26,300
2018 $651 $33,600 $7,300 $26,300
2017 $656 $33,600 $7,300 $26,300
2016 $689 $33,600 $7,300 $26,300
2015 $1,106 $53,400 $7,300 $46,100
2014 $1,106 $53,400 $7,300 $46,100
2011 $1,296 $55,600 $7,300 $48,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 146523

Greater Northwoods MLS

APN: 27601-1418-0000